IBAG President backs mandatory Local Cargo Insurance, says policy will boost cedi and protect importers

January 22, 2026

The newly sworn-in President of the Insurance Brokers Association of Ghana (IBAG), Stephen Kwarteng Yeboah, has thrown his full support behind the Ministry of Finance’s directive mandating Local Cargo Insurance for all commercial imports beginning February 1, 2026, describing it as a “double win” for both the economy and importers.