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Activa Insurance has renewed calls for stronger enforcement of the compulsory marine cargo insurance regime, warning that inadequate protection of imported and exported goods exposes businesses - particularly small and medium-sized enterprises (SMEs) - to severe financial losses and threatens trade resilience.
To support Ghana’s expanding maritime trade, Chief Executive Officer-Whitestone Shipbrokers Limited Gertrude Adwoa Ohene-Asienim has called for enactment of a dedicated Marine Insurance Act to replace the country’s heavy reliance on English marine insurance laws, arguing that locally-tailored legislation is needed.
Growth momentum cooled in April as a sharp deceleration in the services sector tempered the pace of economic expansion, although stronger performances in mining and agriculture kept the economy on a broad-based growth path.
The Cocoa Marketing Company (CMC) Ghana has secured a major offtake agreement with leading confectionery and beverage companies in the Middle East for the country’s premium value-added cocoa beans.
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