Tag: Seth Twum Akwaboah
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Suggested expenditure cuts by the IMF should not affect industry – AGI pleads
The Association of Ghana Industries, AGI, has urged government to ensure that any requests for cuts in expenditure by the IMF, does not affect productive sectors of the economy like agriculture, manufacturing and industry as a whole. As discussions between government and the IMF picks up, different stakeholders have expressed different opinions on the impact…
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Association of Ghana Industries pushes for discounts on imports of raw materials
The Association of Ghana Industries (AGI) is pushing for a special discount on imports of raw materials to make producers more competitive in the country. According to the Association, the move is aimed at helping government build a strong manufacturing sector and aid manufacturers thrive under the African Continental Free Trade Area. The Chief Executive…
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Prices of goods won’t increase by 50% if benchmark discounts are reversed – AGI
The Association of Ghana Industries (AGI) has debunked claims and threats of a 50% hike in the prices of goods on the markets if the government goes ahead with the implementation of the reversal of discounts on benchmark values at the ports. The remarks follow consistent claims by the Ghana Union of Traders Association and…
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AGI charges enforcement agencies not to relent in enforcing COVID-19 protocols
The Association of Ghana Industries (AGI) has backed attempts by government to use all legitimate means necessary including threats of new lockdowns in order to communicate the seriousness of COVID-19 and its potential negative impact on people and businesses. Information Minister-designate, Kojo Oppong Nkrumah at the weekly Coronavirus update on Monday disclosed that government will…
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AGI urges companies to prepare effectively and take advantage of AfCFTA
Small, Medium and Large Scale enterprises in the country have been cautioned against complacency four months away from the expected implementation of the Africa Continental Free Trade Agreement (AfCFTA). The operationalization of the AfCFTA is expected to address the challenges of small fragmented markets in Africa by creating a single market, and also increase the…
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Businesses track ECG on reimbursement promise
Businesses are expecting that the Electricity Company of Ghana (ECG) would live by its assurance of implementing the reduction in electricity tariffs from the 1st of April as announced. Even though the reduction has been initially scheduled to take effect today, ECG maintains consumers should see it reflect from next month due to the monthly…