Audio By Carbonatix
The Ghana Chamber of Aquaculture has called on the Fisheries Ministry and Aquaculture Development to expedite the process in exempting fish feed manufacturers from paying import tax.
According to the CEO of the Chamber, Jacob Adzikah, fish feed manufacturers currently, are paying over 25 percent of import tax on some of the fish feed raw materials imported into the country.
This, he says affects fish production as products by fish feed manufacturers are affected by the tax.
“The major challenge is the cost of production and this is related to high cost of fish feed. At the moment, production for a kilo of fish cost around ¢6.9 which is averagely 60 to 70 per cent of the production cost.
This is attributed to the cost of producing fish feed. Fish feed manufacturers at the moment are paying over 25 per cent of import tax on some of the fish feed raw materials that are imported into the country.”
However, he is optimistic that their recent engagement with the Minister for Fisheries and Aquaculture Development on tax exemption will be confirmed.
“Recently, we engaged the Ministry of Fisheries and Aquaculture Development on this and at our last meeting, the Minister of the sector assured that the government is working on that to give tax exemptions to fish feed manufacturers.
"As of now we’re waiting to enjoy this benefit and we’re waiting to receive an official confirmation of this. If this is done, it will go a long way to support fish production in the country,” he said.
He indicated that if the sector is exempted from taxation, the industry will be able to boost production from 60,000 metric tonnes to 180,000 metric tonnes per annum.
Meanwhile, he lauded the Ministry of Fisheries and Aquaculture for engaging in vaccination of fishes to reduce fish mortality which has been prevalent for the past two years.
“Diseases, etc is part of aquaculture production and we noticed that, this is gradually becoming a big deal. In the past two years, the industry suffered from severe fish kill or mortality.
"However, we’re aware that the Ministry of Fisheries and Aquaculture and Fisheries Commission has started a vaccination programme. That is very good and we’ll also encourage them to do that.”
Mr Adzikah further urged for more investment in modern laboratories to contribute to the fight against fish mortality.
“At the moment we have metered laboratories in the country to diagnose fish diseases. And we believe that there is some good investment into modern laboratories, it will go a long way to help the farmers and to stop this challenge that is related to fish health,” he said.
Latest Stories
-
Tesano Gardens Junction residents call for traffic lights after fatal motorbike crash
3 minutes -
Feed Ghana Programme to improve crop productivity through soil testing and efficient fertiliser use
9 minutes -
NAPO urges politicians to make realistic promises to avoid public disappointment
40 minutes -
The Hyena, the leopard, and the silence of Nunyãdume
1 hour -
Ga South MCE says illegal Amanfrom waste dump operators are being prosecuted
1 hour -
Audit flags irregularities in Heal Komfo Anokye Project amid dispute over control of funds
1 hour -
Presidency explains 148% compensation jump, cites arrears, ex gratia and staffing changes
1 hour -
GES interdicts Bole SHS teacher over alleged sexual misconduct with student
2 hours -
Six Ghanaian students at Loughborough University protest unpaid government scholarship funding
2 hours -
Agotime-Ziope traditional leaders honour health minister for advancing healthcare delivery
2 hours -
COCOBOD CEO calls for greater trust, unity in Ghana–Côte d’Ivoire cocoa partnership
2 hours -
Mahama expected in Abidjan for high-level cocoa summit with Côte d’Ivoire
2 hours -
Today’s Front pages: Tuesday, June 16, 2026
2 hours -
Africa has right policies for Agri-Food Systems transformation but lacks capacity to implement them
3 hours -
Fuel prices fall as some OMCs cuts petrol to GH¢13.87 per litre
3 hours