Tag: Imports and Exports
-
BoG withdraws FX support for imports of rice, toothpicks, others
The Bank of Ghana has revealed that it will no longer provide FX support for some food items imported into the country. Some of the items include rice, vegetable oil, toothpicks, pasta, fruit juice, bottled water, ceramics and tiles. A message from the Central Bank to banks stated that: “in accordance with the president’s directive,…
-
Importers hint at possible shortage of goods
The Importers and Exporters Association of Ghana has hinted at a possible shortage of goods on the market in the last quarter of the year. The association says this is based on a spike in import duties and taxes at the port in the past week following an upward adjustment in the exchange rate used…