The Association of Ghana Industries (AGI) has called on the government to implement targeted policies to boost local manufacturing as part of the country’s economic reset efforts.
AGI stressed that the government’s flagship 24-Hour Economy initiative—set for full rollout—must incorporate strategic support for the manufacturing sector to drive long-term economic transformation.
Speaking after a high-level engagement with government officials at the Association’s 2025 National Council Retreat, AGI President Dr. Humphrey Ayim-Darke highlighted the need for bold policy reforms to spur industrial growth.
“Our areas of focus were the poultry value chain, the metal fabrication and metal works, pharmaceuticals including the vegetable oils and cosmetics industries. To the best of our abilities, we believe that once government focuses on these and we develop the value chain, the Association of Ghana will be very useful in resetting the economy with government as well as resetting manufacturing industries,” he said.
Dr. Ayim-Darke also noted that key concerns raised by industry stakeholders included foreign exchange constraints, taxation, and policy-related reforms. “In the context of our discussions, issues that were limiting against our operations i.e., the forex, the taxes and other policy-related reforms were tabled by the membership of the association,” he added.
The discussions featured key government officials, including Presidential Advisor on the Economy Seth Terkper, Presidential Advisor on the 24-Hour Economy Goosie Tanoh, and Ghana Revenue Authority Commissioner-General.
AGI Chief Executive Officer Seth Twum-Akwaboah underscored the importance of streamlining tax administration, emphasizing that assurances from the new administration must be fully implemented.
“One key issue that stood out was the tax arbitration system where if there are issues with taxes, you don’t necessarily have to resort to court, but you must go to the tax arbitration system which is a composition of both the private sector, institutions, and individuals to deal with the issues,” he said.
