Audio By Carbonatix
The Association of Ghana Industries (AGI) is calling on the Ghana Revenue Authority (GRA) and other state security agencies to step up efforts to curb illegal imports into the country.
Chief Executive Officer of AGI, Seth Twum-Akwaboah, warned that the influx of unapproved goods is crippling local businesses and threatening Ghana’s industrial growth.
According to him, the activities of smugglers and traders who bring in goods outside official channels create unfair competition for local manufacturers who comply with tax and regulatory obligations.
“Illegal imports undermine the competitiveness of local industries, discourage investment, and ultimately derail our drive towards industrialization,” he said.
Mr. Twum-Akwaboah emphasized that stricter enforcement of border controls is necessary to safeguard jobs, protect legitimate businesses, and boost government revenue.
He made the call during Prudential Bank’s special customer seminar on the appreciation of the cedi, where stakeholders in the business community discussed the challenges and opportunities in sustaining the local currency’s gains.
The AGI has consistently advocated stronger trade enforcement measures, arguing that protecting local industries from unfair trade practices is key to strengthening Ghana’s economy.
Latest Stories
-
Afoko to NPP MPs: Let’s return the party to winning ways
17 minutes -
Djokovic shakes off rust to sidestep Mpetshi Perricard
34 minutes -
Nigeria’s Tinubu to run for second term after party primary win
37 minutes -
Benin’s Wadagni takes office, vows better living standards, security
48 minutes -
BoG awaits legal advice on next steps after court orders restoration of GN Savings and Loans licence
1 hour -
South Africa: First batch of Ghanaians set to arrive on Wednesday – Ghana’s envoy confirms
1 hour -
The Eagles of Carthage: Discipline, defiance, and a defining moment
2 hours -
Rubio says US will find ‘another way’ if Iran talks fail
2 hours -
China’s Huawei reveals chip design breakthrough amid US sanctions
2 hours -
NPL threat looms over Ghana’s banking sector – IMF demands stronger action
2 hours -
Ghana Horticulture Expo 2026 to champion agricultural self-reliance through innovation
2 hours -
Banking reforms incomplete, state-owned banks under watch – IMF Warns
2 hours -
SDIs could become next stability threat – IMF flags financial sector risks
2 hours -
Breaking the Resource Paradox: AETC pushes borderless, tech-driven African economy agenda
3 hours -
Ghana’s banking system nears full recovery after debt restructuring shock – IMF
3 hours