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Import limitations legislation is critical for debt sustainability and currency management – AGI

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Mosquito coils, insecticides, soaps and detergents, automobiles, iron and steel, cement, polymers (plastics and plastic goods), fish, sugar, textiles and apparel, biscuits, and canned tomatoes round out the list. According to the government, the purpose of this action is to reduce the influx of these items, with the goal of striking a balance between helping local sectors, preserving foreign money, and eventually building economic resilience. While the Ghana Union of Traders Association (GUTA) and the Federation of Freight Forwarders have spoken out against the law, expressing worries about potential corruption, the AGI has remained supportive.

The Association of Ghanaian Industries (AGI) has endorsed the proposed import limits law, describing it as a critical step towards establishing economic stability.

The AGI, which represents a diverse variety of companies in Ghana, thinks that passage of the measure by Parliament will improve Ghana’s debt sustainability efforts and strengthen control over foreign exchange reserves.

The Ministry of Food and Agriculture has introduced legislation in Parliament outlining the government’s intention to restrict imports of 22 specific commodities, including poultry, animal and vegetable oil, margarine, fruit drinks, soft drinks, mineral water, noodles and pasta, ceramic tiles, corrugated paper, and paperboard.

Mosquito coils, insecticides, soaps and detergents, automobiles, iron and steel, cement, polymers (plastics and plastic goods), fish, sugar, textiles and apparel, biscuits, and canned tomatoes round out the list.

According to the government, the purpose of this action is to reduce the influx of these items, with the goal of striking a balance between helping local sectors, preserving foreign money, and eventually building economic resilience.

While the Ghana Union of Traders Association (GUTA) and the Federation of Freight Forwarders have spoken out against the law, expressing worries about potential corruption, the AGI has remained supportive.

Dr Humphrey Ayim-Darke, President of AGI, stated on the Citi Breakfast Show that the law is a reaction to the need to repair Ghana’s weak economy.

“Our view is that the bill is in the right direction, it is a positive development. Once you realise that it is coming at the back of a fragile economy with an IMF intervention that seeks to bring sustainability and the purpose of the IMF stability is on the balance of payment and the forex reserve challenges that we have.

“So it is a transitional programme to help the economy. If the government believe that there are some products that are giving us difficulties in terms of our BOP and forex and by virtue of that seeks to bring intervention in that space that is how we seek to create a sustainable forex and a BOP according to our budget and need”.

Dr Ayim-Darke further emphasised the need for a private member to lead the committee to supervise the bill’s implementation.

“Our position is that it is purposeful to use this bill to control the forex. That is why we are proposing that because this will have more impact on the private sector, let the private sector chair it”.

Dr. Ayim-Darke, on the other hand, emphasised the importance of broad stakeholder input on import limits in order to avoid unforeseen repercussions.

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Premix explosion in Anomabo injures two people

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"Recognising the urgency of the situation, firefighters immediately deployed foam solution to combat the premix fuel induced blaze, effectively containing the fire and preventing its further spread," the statement went on to say. Concerned neighbours brought the injured to the Anomabo hospital for medical care. An investigation is presently underway to determine the cause of the fire.

A fire devastated a premix station in Anomabo in the Mfantseman Municipality of the Central Region, injuring two persons and destroying many structures.

The event occurred at about 8:05 a.m. on Thursday, May 2, 2024.

The quick response of the firemen stopped the fire from spreading to neighbouring regions and causing damage.

The Ghana National Fire Service (GNFS) stated that two pumps were despatched from the ManKessim and Cape Coast Metropolitan Fire Stations.

“Recognising the urgency of the situation, firefighters immediately deployed foam solution to combat the premix fuel induced blaze, effectively containing the fire and preventing its further spread,” the statement went on to say.

Concerned neighbours brought the injured to the Anomabo hospital for medical care.

An investigation is presently underway to determine the cause of the fire.

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Government to open the Kumasi International Airport on May 10

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With a capacity to accommodate over 800,000 people per year, largely from the northern and central belt areas, the airport is well-positioned to fulfil the growing demand for airline travel. Contractors have announced intentions to enlarge the runway and destroy obsolete infrastructure once the new terminal is operating. During a recent tour of the project, Transport Minister Kwaku Ofori Asiamah expressed satisfaction with the development, as did Ghana Airport Company Limited management and Board Members. However, he expressed worries about the facility's long-term upkeep and emphasised its significance to the socioeconomic growth of the Ashanti Region and Ghana as a whole.

Expectations are high as the government prepares to open the Kumasi Airport, officially Nana Agyemang Prempeh I International Airport, on May 10, 2024.

President Akufo-Addo will commission the project alongside the Asantehene, Otumfuo Osei Tutu II, the Minister of Transport, Kwaku Ofori Asiamah, and the Managing Director of Ghana Airport Company Limited, Yvonne Nana Afiriyie Opare, among other dignitaries.

The Kumasi Airport is expected to begin full operations in June of this year, after its inauguration on May 10.

The facility, presently managed by the Ghana Airport Company Limited, is now undergoing equipment testing that is required for both domestic and international flights.

With a capacity to accommodate over 800,000 people per year, largely from the northern and central belt areas, the airport is well-positioned to fulfil the growing demand for airline travel.

Contractors have announced intentions to enlarge the runway and destroy obsolete infrastructure once the new terminal is operating.

During a recent tour of the project, Transport Minister Kwaku Ofori Asiamah expressed satisfaction with the development, as did Ghana Airport Company Limited management and Board Members.

However, he expressed worries about the facility’s long-term upkeep and emphasised its significance to the socioeconomic growth of the Ashanti Region and Ghana as a whole.

He said that the airport’s arrival will relieve the burden of foreign travellers from Ashanti, Bono, Ahafo, and the Northern and Upper Regions of the country, as they will no longer need to go to Accra to access an international airport.

During a recent courtesy call to the Manhyia Palace by the Transport Minister and the Board and Management of the Ghana Airport Company Limited, Asantehene Otumfuo Osei Tutu II congratulated the government on the project’s completion.

He stated that given the Ashanti Region’s active economic activity, a project such as the International Airport will surely create jobs and strengthen the region’s local economy.

Phase II of the project, which began in 2018, comprises the construction of a new terminal building capable of handling one million passengers per year, two boarding bridges, a road network, a perimeter fence, a substation, and a parking lot, among others.





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The traumatic experience of a Ghanaian bisexual

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According to him, these attacks have become more intense this year as a result of Ghana's parliament passing anti-LGBTQ+ legislation. Ibrahim was attacked just as arguments around the passing of the Human Sexual Rights and Family Values Bill heated up, and he was attacked again shortly after the bill was passed in February. The first incident happened on January 22nd, about 5 p.m., near the Sen Cinema Mosque in Alajo North, Accra. Ibrahim was the target of another violent attack four months later, on April 12, 2024, during the 3music Sallafest Concert at Alajo T Junction in Accra.

A Ghanaian man, using the alias Ibrahim for safety concerns, has boldly told his tragic story of being repeatedly assaulted in his community because of his sexual orientation.

Ibrahim, a Muslim, has described being targeted several times by assailants in his community over the years.

According to him, these attacks have become more intense this year as a result of Ghana’s parliament passing anti-LGBTQ+ legislation.

Ibrahim was attacked just as arguments around the passing of the Human Sexual Rights and Family Values Bill heated up, and he was attacked again shortly after the bill was passed in February.

The first incident happened on January 22nd, at about 5 p.m., near the Sen Cinema Mosque in Alajo North, Accra.

Ibrahim was the target of another violent attack four months later, on April 12, 2024, during the 3music Sallafest Concert at Alajo T Junction in Accra.

Ibrahim claims that the assaults were motivated by his sexual orientation, which had previously gone unnoticed in his society.

Ibrahim has resorted to secluding himself within for protection since he lives in constant fear of additional attacks.

He laments the absence of a support network in his village, with just a few understanding people living outside its borders.

However, the dread of repercussions keeps him from finding consolation or company outside of his close environs.

In an exclusive interview, Ibrahim described his terrible sense of loneliness and the psychological toll of the ongoing danger of violence.

He must navigate his everyday existence beneath the shadow of dread, unable to freely interact with the world around him for fear of serious bodily damage.

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