insert_link Africa Ghana wants to make importing food like rice and tomatoes more costly: expert explains why it’s a bad idea By Sylvanus Kwaku Afesorgbor, University of Guelph Ghana, like many other developing nations, relies heavily on imports of food and consumer goods to feed its population. For instance, Ghana imports 55% of the rice that is consumed locally. The country’s import dependence is primarily a consequence of the production of low-value primary products without substantial value addition. To forestall over-dependence on foreign goods, the government has proposed a trade […] todayJanuary 23, 2024 7
insert_link Namibia Ministry of Mines urges G7 to reconsider proposed restrictions on Russian diamonds The Ministry of Mines and Energy has expressed concerns about the G7’s proposed restrictions on imports of Russian diamonds and has called for direct and meaningful engagement with all diamond-producing countries on the matter. The intergovernmental political and economic forum consists of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, plus the European Union (EU) as a ‘non-enumerated member.’ The ministry in a […] todayDecember 21, 2023 8
insert_link Africa Ghana wants to restrict imports on 22 products – an economist explains how, why and what else must be done By Adu Owusu Sarkodie, University of Ghana Ghana’s Ministry of Trade and Industry has tabled in parliament a proposed ban or restrictions on imports of certain goods, including rice, sugar, poultry, fruit juices and animal intestines (tripe). The proposed legislation empowers the trade minister to issue licences to potential importers of goods. Critics of the policy say it will give too much power to the minister and create room for […] todayDecember 1, 2023 5
