By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The High Street Journal
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
The High Street JournalThe High Street Journal
Search
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
Follow US
© 2024 | The High Street Journal. All Rights Reserved.
News

Trade Minister Visits Kasapreko and Guinness to Boost Local Manufacturing and Exports

Ghana’s Trade Minister visited Kasapreko and Guinness, pledging support for local manufacturing, addressing water and trade barriers, and promoting exports to strengthen industry, jobs, and economic growth.

Trade Minister Visits Kasapreko and Guinness to Boost Local Manufacturing and Exports
Asamoah George Opoku
Feb 7, 2026

Elizabeth Ofosu-Adjare, Ghana’s Minister for Trade, Agribusiness and Industry, has pledged increased government backing for local manufacturers, highlighting their critical role in strengthening the economy.

Ofosu-Adjare and her team, including Deputy Minister Sampson Ahi, visited Kasapreko PLC and Guinness Ghana Ltd on Friday, February 6, 2026, to engage management teams and gain firsthand insight into the challenges facing the beverage sector.

At Kasapreko, Managing Director Richard Adjei welcomed the delegation and highlighted the company’s 36-year history of producing alcoholic and non-alcoholic beverages. Adjei praised government reforms that have stabilized the economy, noting that “borrowing costs, duties and some taxes had reduced,” and welcomed the extension of export proceeds repatriation from 60 to 120 days as a boost to liquidity.

However, he raised concerns about competition from imported products, logistical bottlenecks at borders, non-tariff barriers, and limited water supply, urging urgent government intervention to support local production.

Responding, Ofosu-Adjare assured that the government would work with the Ghana Water Company and relevant agencies to ensure adequate water supply. “Now, the visits are done, and I’ve seen one issue that is popping up, and that is water. We are going to work closely with the Ministry of Water Resources and the Ghana Water Company to make sure that they get an adequate water supply,” she said. She also pledged to engage regulatory bodies to address trade documentation and non-tariff barriers.

READ ALSO

MTN Ghana’s GH¢15bn Revenue Growth Signals Expanding Digital Economy and Investment Push
German Embassy Wraps Up Nationwide Dialogues to Protect Communities from Climate
December in GH 2026 Targets Tourism Spending, Local Business Growth With 100 Events

At Guinness Ghana Ltd, Managing Director Frédéric Ferraille welcomed the Minister and described the visit as “an important opportunity to deepen collaboration between Government and Guinness Ghana.” Ofosu-Adjare encouraged local companies to expand production and tap into national initiatives such as the Accelerated Export Development Programme and the 24-hour economy policy to create jobs and boost growth.

She further urged importers to shift toward local manufacturing where capacity exists, noting that domestic production strengthens the economy and eases pressure on ports.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email
Previous Article Ghanaians Get a Break as Beer, Apio and Cigarette Prices Rise More Slowly Ghanaians Get a Break as Beer, Apio and Cigarette Prices Rise More Slowly
Next Article Degrees Everywhere, Skills Nowhere: Inside Ghana’s Labour Market Paradox Degrees Everywhere, Skills Nowhere: Inside Ghana’s Labour Market Paradox
- Sponsored Content -
Ad imageAd image

LATEST NEWS

Ghana, Burkina Faso Pursue Trade Pact to Expand Industrial Cooperation and Cross-Border Commerce
Business & Economy
Ghana’s Fiscal Turnaround Wins Regional Applause, but Sustaining Productive Sectors Remain a Hurdle
Ghana’s 22 New Laws: Will They Reduce Business Risks and Investment Uncertainty?
Business & Economy
GEXPO 2026 To Power Ghana’s Export Drive with Dedicated Export School at Black Star Square
Business & Economy
Africa's Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Africa’s Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Business & Economy
Ghana Targets Nine Job-Creating Sectors Under GH¢10 New Economy Policy
Business & Economy

You May Also Like

GAWU Pushes for Bold Cocoa Processing Policies to Attract Youth

Cocoa Farmers Demand 70% of FOB Price as Government Promises New Producer Rates

Ghana’s AFCON Hopes Fade Along with the Hopes of Traders of Paraphernalia

When Banking Pays Back: How a Festive Draw Is Putting Cash in Customers’ Pockets

When Banking Pays Back: How a Festive Draw Is Putting Cash in Customers’ Pockets

We Still Need Dams: Gov't Urged Not to Abandon Water Needs of the North Despite 1V1D Failure

We Still Need Dams: Gov’t Urged Not to Abandon Water Needs of the North Despite 1V1D Failure

Bank of Ghana Refutes Claims of Licensing MTN Ghana for Cross-Border Transactions

MTN Ghana Launches 21 Days of Y’ello Care with Focus on Digital Inclusion and Sustainability

Galamsey Fight: Tanzania Offers Most Practical Responsible Mining Model, Instead of Australia - Dr. Manteaw

Galamsey Pollution Threatens Male Fertility, Warns Expert

Afreximbank

Afreximbank Backs D’Banj’s C.R.E.A.M Platform with Strategic Equity Investment

'Cocaine Coast Vrs Gold Coast': Why Gov't Must Also Intensify Efforts on Gold Smuggling

Franklin Cudjoe Criticizes Akufo-Addo For Economic, Environmental, and Football Failures

The High Street Journal

About Us

Delivering focused and insightful business perspectives; impacting lives.

Email: [email protected]

Useful Links

  • About
  • AI Strategy & Policy
  • Advertise
  • User Policy
  • Be a Guest Author
  • Contact Us
  • Sitemap

Stay Connected

© 2026 | The High Street Journal. All Rights Reserved.

Loading Comments...
%d