The Minority Caucus in Parliament has outlined a reform-driven agenda aimed at tackling structural challenges facing businesses and creating a more predictable economic environment in Ghana.
Speaking at the Kwahu Business Forum 2026, Jerry Ahmed Shaib, Member of Parliament for Weija Gbawe and Second Deputy Minority Whip, presented a series of proposals focused on improving access to finance, reducing regulatory burdens, and strengthening engagement between government and the private sector.
Delivering remarks on behalf of Minority Leader Alexander Kwamena Afenyo-Markin, he stressed that long-term economic growth depends on the resilience of indigenous enterprises and the removal of systemic barriers that limit their expansion.
A key concern raised was the politicisation of entrepreneurship, which he said undermines fair competition and discourages innovation. He called for a more neutral business environment where enterprises can thrive based on merit rather than political affiliation.
Drawing insights from industry stakeholders such as the Ghana Union of Traders Association and the Association of Ghana Industries, Mr. Shaib highlighted persistent issues including high taxes, costly utilities, and limited access to affordable credit.
He noted that many small and medium-sized enterprises struggle to survive due to rigid lending conditions, particularly high collateral requirements and short repayment periods that do not align with business growth cycles.
The Minority’s proposals include introducing mandatory stakeholder consultations before major economic policies are passed, reviewing the cumulative impact of taxes, and strengthening parliamentary oversight of systems such as customs operations.
Concerns were also raised about the implementation of AI-driven customs valuation systems at the ports, with calls for greater transparency and clear mechanisms for businesses to challenge unexpected charges.
Additional recommendations focused on reforming SME financing through longer-term credit facilities, reviewing collateral demands, and encouraging financial institutions to design products tailored to local business realities.
Mr. Shaib further proposed regular quarterly engagements between Parliament and business associations to ensure that private sector concerns are consistently reflected in policymaking.
He concluded by urging entrepreneurs to remain bold and forward-looking, assuring them of the Minority Caucus’ commitment to advocating policies that promote fairness, transparency and sustainable economic growth.
