TSXV:AAA.P - Post by User
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Synguton Oct 21, 2013 7:54am
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BUSINESSES IN DILEMMA OVER CORRUPTION IN AFRICAN PORTS
BUSINESSES IN DILEMMA OVER CORRUPTION IN AFRICAN PORTS
Businesses engaged in transporting maritime cargo in Africa are often caught between the mill and the millstone. Clearance periods at African ports are already some of the slowest in the world; add to this widespread corruption and the whole process can become a nightmare. If companies pay ‘facilitation’ fees to speed up the process, they risk large fines; if they don’t, they have to pay demurrage penalties. What should companies do? Report by Control Risks’ Corporate Investigations Senior Consultant,
For more info see the link below:
https://allanapotashblog.org/2013/10/19/businesses-in-dilemma-over-corruption-in-african-ports/