The Ghana National Chamber of Commerce and Industry (GNCCI) has urged urgent reforms in the country’s taxation and energy sectors to strengthen Ghana’s position in the global export market.
Addressing the 10th anniversary conference of the Ghana Export-Import Bank in Accra on Thursday, March 26, CEO Mark Badu Aboagye highlighted that while Ghana’s manufacturing and value-added production sectors have significant export potential, high production costs are limiting competitiveness.
He pointed to neighbouring countries sourcing building materials and plastics from markets like the United States, noting that Ghana could fill these gaps if energy reliability and tax policies were improved.
Emerging sectors such as garments and vehicle assembly were identified as promising areas for medium- to long-term export growth, contingent on a supportive policy and cost-efficient business environment.
“The cost of production is a major setback. Ghana’s energy reforms must ensure affordable, reliable power, while tax reforms need to reduce the burden on manufacturers and exporters,” Mr. Badu Aboagye stressed.
The GNCCI chief argued that coordinated reforms could unlock Ghana’s export potential, positioning the country as a key supplier in regional and global markets.
