Business News of Friday, 14 August 2026

Source: www.ghanaweb.com

AGI pushes for urgent solution to Accra Brewery Limited tax dispute

File photo of ABL factory File photo of ABL factory

The Association of Ghana Industries (AGI) has begun discussions with the Ministry of Finance to resolve a tax dispute involving Accra Brewery Limited (ABL).

AGI Chief Executive Officer Seth Twum Akwaboah said the issue requires urgent attention because it could affect other alcoholic beverage companies that use locally produced raw materials.

Speaking on Joy News’ PM Express on August 13, 2026, he said the government did not introduce the tax policy specifically to target Accra Brewery.

He explained that while the government may be looking for ways to raise more revenue, some tax measures could have unintended consequences for businesses and local producers.

According to him, the main concern is the impact of the tax changes on the sliding-scale tax system, which provides some manufacturers with tax relief when they use locally sourced materials.

Akwaboah said the system has encouraged companies to buy raw materials from local farmers and suppliers, helping to create businesses and jobs across the country.

“This is a sector which affects all those who are producing alcoholic beverages; they will be affected by this, especially those who are using local materials and have the opportunity to use what we call the sliding-scale model,” he said.

He said the sliding-scale system should be maintained because it has helped strengthen local supply chains.

The AGI has already received a petition on the matter and has begun discussions with the Ministry of Finance.

He said technical officials from the Ministry attended an AGI Corporate Forum on Thursday, where the concerns were presented to them.

According to him, both sides will continue discussions in the coming days and weeks to find a solution.

“We need to further engage to see what can be done within these couple of days or weeks to resolve it,” he said.

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The AGI’s intervention comes after Accra Brewery raised concerns about the tax treatment it is facing and the pressure it could place on its operations.

Akwaboah said the association will continue working with the government to resolve the matter, stressing that the issue should not be seen as a problem affecting only one company but as a wider concern for local manufacturing.

DR/MA


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