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Reject import restrictions bill – Six business groups petition Parliament
Six business associations, which will be affected by the import restrictions bill, have submitted a petition to Parliament in opposition to the proposed legislative instrument.
The groups under the umbrella name, Joint Business Consultative Forum include the Ghana Union of Traders’ Associations (GUTA), Food and Beverages Association of Ghana (FABAG), Importers and Exporters Association of Ghana, Ghana Institute of Freight Forwarders (GIFF), Chamber of Automobile Dealership Ghana (CADEG), and Ghana National Chamber of Commerce and Industry (GNCCI).
The bill, if passed, will restrict the importation of 22 products in the country.
Tempers flared up last Friday when the legislative instrument was laid in Parliament, with the Minority opposing it.
The Minority argued that the LI if passed, would benefit only a section of the New Patriotic Party members.
In a petition dated November 26, the business six associations argued that if passed, the L.I. will adversely affect the prices of goods, the free flow of goods, and could also cripple businesses.
The groups are therefore calling on Parliament to reject the bill.
“We vehemently oppose this LI and would appreciate its immediate rejection by Parliament to allow for proper consultations and dialogue to take place.”
“We strongly oppose this LI on the following grounds: The price of most products mentioned in the Ministry of Trade and Industry policy proposal will result in serious price hikes, as competition will be severely restricted.”
They stressed, “The Minister is the ultimate decision maker on which companies end up trading in each of these items. This will eventually lead to a monopolistic or oligopolistic position for a few select businesses in the country at the expense of many smaller businesses.”
They also expressed fear that the permit system will hinder the flow of goods from other countries.
“The permit system will definitely hinder the flow of goods from exporting countries to receivers in Ghana since importers would no longer be able to rely on market demands to dictate the quantities to be ordered, as companies will be at the whims of the Minister of Trade and Industry.”
“Typically, orders would normally take a minimum of 3 months from purchase date to delivery, assuming there is no bureaucratic involvement in the decision-making process.”
The importation of ‘Yemuadie’ (tripe), rice, diapers, and other products will be restricted if the LI is passed.
Source: Citinewsroom.com
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Prof Alidu Seidu files nomination for Tamale Central seat
The newly elected parliamentary candidate of the National Democratic Congress (NDC) for Tamale Central, Prof Alidu Seidu, has submitted his nomination forms to the Electoral Commission.
As of 10:00 a.m. today, he was the only person who had filed to contest the seat.
Nomination of candidates will close at the end of the day.
Associate Professor and Head of the Political Science Department at the University of Ghana Legon, Prof. Alidu Seidu won the National Democratic Congress (NDC) parliamentary primaries in the Tamale Central constituency with a landslide victory.
The elections, supervised by the party’s Elections and IT Directorate in the Northern Region, saw Prof. Seidu poll 840 votes out of the total valid ballots cast.
His closest contender, Lawyer Hanan Gundadow Abdul-Rahaman, secured 536 votes.
The other aspirants could not make significant gains, with Dr. Seidu Fiter obtaining 44 votes, Aliu Abdul-Hamid 23 votes, and the rest recording fewer than 10 votes each.
In all, 1,500 ballots were cast, with 6 ballots rejected and 7 spoilt ballots recorded.
The results were signed and declared by Dr. Arnold Mashud Abukari, NDC Northern Regional Director of Elections and IT.
The National Democratic Congress (NDC) held parliamentary primaries in Tamale Central to choose a candidate for the upcoming by-election following the death of the sitting Member of Parliament, Dr. Ibrahim Murtala Mohammed. Dr. Mohammed, who also served as Minister for Environment, Science, Technology and Innovation, tragically died in a military helicopter crash in the Adansi Akrofuom District on August 6, 2025, alongside seven others.
His passing left the Tamale Central seat vacant, as required by Ghana’s 1992 Constitution.
The Electoral Commission has scheduled the by-election for September 30, 2025. While the NDC moved quickly to open nominations and vet aspirants, the New Patriotic Party (NPP) announced it would not contest the seat, citing the need to respect the somber circumstances and promote national unity.
By: Jacob Aggrey
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Ghana to locally refine its gold starting October 2025 – Sammy Gyamfi
The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has announced that plans are far advanced for the establishment of a state-owned gold refinery in the country.
Speaking at the 2025 Minerals and Mining Convention, Mr Gyamfi said the refinery will process locally mined gold into bullion instead of exporting it in its raw state.
According to him, it is unacceptable that Ghana, despite being a leading gold producer in Africa, continues to export raw gold known as dore.
He explained that the Gold Board, working with the Bank of Ghana and local refineries, will from October 2025 begin refining gold locally.
He also disclosed that an ultramodern assay laboratory will be built to ensure international standards in testing gold quality.
Mr Gyamfi noted that the refinery will be wholly state-owned and will help Ghana move away from raw mineral exports to value addition.
This, he said, will boost foreign exchange earnings, create jobs, and position Ghana as a hub for gold refining and jewellery production in Africa.
The CEO stressed that the project forms part of government’s strategy to ensure the country benefits fully from its natural resources and to transform the mining sector into a driver of economic growth.
By: Jacob Aggrey
