The President of the Association of Ghana Industries (AGI), James Asare-Adjei has called on government to as a matter of urgency reconsider the Trade Liberalization policies and also address the problem of multiplicity of taxes that affect members of the association.

According him, the nature of the policy is gradually turning Ghana into a heavily import dependent economy, a situation he says is very worrying to local industries.

“It is obvious that local industries are experiencing numerous challenges, to mention a few, access and cost of credit, high and unbearable electricity tariffs to industry, stiff competition to imported product,” he said.

“We have increasingly become an import dependent economy
I believe we must reconsider our trade liberalization policies which seems to give unlimited access to all kinds of imports into our markets. The challenges of globalization emanating from the keen competition from imported goods keep on eroding the competitiveness of local industries,” he added.

Mr. Asare-Adjei bemoaned the multiplicity of taxes that businesses are subjected to and called on government to collaborate with industry player to remedy the situation.

He made the statement at the association’s awards night held at the Banquet Hall in Accra.

Over twenty companies and industries were awarded for their outstanding achievements and their immense contribution to the development of Ghana`s economy.

This year`s event had seven award categories and 21 sector awards.

Some of the sector awards included, Automobile Sector Awards, Agribusiness, Electricals and Electronics, Oil and Gas, and Pharmaceuticals, among others.

Below is the full list of Award winners

    1. Automobile
      CFAO Ghana motors

    2. Agribusiness
      Blue Skies

    3. Electricals & Electironics
      Tropical Cables and Conductor Ltd.

    4.  Food Sector
      Pioneer Food Cannery

    5.  Brewery & Beverage
      Accra Brewery

    6. Financial Services
      Stanbic Bank

    7. Nallem Clothing

    8. Hospitality & Tourism Center
      Holiday Inn

    9. Metals, Building & Construction
      Wire Weaving Ghana Ltd.

    10. Oil & Gas
      Tullow Oil Ghana Ltd.

    11. Pharmaceuticals
      Dannex Pharmaceuticals Company

    12. Printing & Stationary
      Adwinsa Publishing

    13. Rubber & Plastics sector

    14. Toileteries
      Sikaf Ghana Ltd.

    15. Business Promotion & Consulting
      Invest in Africa

    16. Social Enterprise
      Challenging Heights

    17. Corporate Social Responsibility
      Vodafone Ghana

    18. Young Enterprise Company of the Year
      SMS Ghana

    19. Fastest Growing Company of the Year
      B5 Plus

    20. Best Company Employer
      Jospong Group of Companies

    21. Best Practices in Sustainable Manufacturing Award
      Unilever Ghana Ltd.

    22. Most Environmentally Compliant Award.
      Cargill Ghana.

    23. Overall Best Industrial Award
      Pioneer Food Cannery