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
-
Ghana’s economic revival: Turning financial stability into economic prosperity
10 minutes -
AFCON 2027Q: Black Stars to depart Accra for Bouaké ahead of Ivory Coast clash
24 minutes -
Who to allow into your home, who should come into your cyberspace? Trust is becoming unbecoming
25 minutes -
At least 11 dead in mass shooting at house party in South Africa
43 minutes -
MoMo Fintech Lab attracts close to 1K entries from innovators across, applications end on Sept 30
54 minutes -
Black Stars face Ivorian test as injuries force major squad changes
1 hour -
Save Nations Foundation donates learning materials to Nooria Islamic Basic School, calls for more support
1 hour -
From selling food to solving problems: How Esther Owusu Nkwantabisah rethought entrepreneurship
1 hour -
Explained: Ghana’s water plant deal that produced a $235m judgment debt instead of water for 500,000 people
2 hours -
High Cost of Domestic Airline Fares: Can government do something about it?
2 hours -
Inflation, cedi depreciation put BoG’s MPC under pressure as policy rate decision looms
2 hours -
Lawyer denies Salomey Baffoe received money from ‘Ghana Jollof’ account operator
2 hours -
Beyond politics: Why Kwame Nkrumah’s ideals still matter for today’s leaders
2 hours -
Top South African policeman charged with sexual offences
2 hours -
More than 170,000 respiratory cases recorded in haze-choked Indonesia
3 hours