The Association of Ghana Industries (AGI) has called on the government to reconsider certain taxes affecting beverage companies in the 2025 budget, particularly the proposed sugar tax.
AGI CEO Seth Twum-Akwaboah described the tax as “discriminatory” and warned that it could stifle growth in the industry.
Speaking at a press conference following the National Council retreat, he stated, “If the intention is to protect public health by reducing sugar intake, then similar taxes should be applied across all sugar-containing products. Otherwise, it becomes unfair to single out beverages.”
He further argued that such selective taxation could “place an undue burden on beverage producers and hinder industry expansion.”
AGI is urging the government to adopt a more pragmatic approach, emphasizing that excessive levies could have broader economic repercussions.
The association reaffirmed its commitment to engaging stakeholders and advocating for “fair and supportive policies that will ensure industrial growth while maintaining a balanced regulatory framework.”
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