A National Export Development Strategy document has cited Ghana’s over-reliance on the European Union (EU) as the main market for fish exports from Ghana as a grave weakness bedevilling the fishery sector. It is therefore projecting export revenues from fishery products of about $1.12 billion by 2029. This will mean an aggressive value addition programme.… Continue reading NEDS projects $1.1bn revenue from fish exports by 2029
Ghana’s coconut sector is fast growing with over 383,960 metric tons of the fruit produced annually. So far, the production level for coconut is less than a percent of the global production rate. This has necessitated the National Exports Development Strategy (NEDS) to intervene. The NEDS initiative, which forms part of the government’s post-Covid-19 economic recovery… Continue reading National Exports Strategy: Ghana to gain US$298 million from coconuts by 2029
The National Export Development Strategy (NED) has hinted it will “facilitate the downward review of 42.5 per cent local taxes on the cost of every bar of locally produced chocolate sold on the Ghanaian market”. This is not just to whip up local consumption of chocolates but also get local processors competitive for the global… Continue reading National Export Development Strategy to facilitate downward review of 42.5% tax on locally produced chocolate
The Minister for Trade and Industry, Alan Kyerematen has given assurances that given the structures in place, Ghana is ready to take advantage of the African Continental Free Trade Area (AfCFTA).