Ghana Database
Saturday, March 7, 2026
  • Login
  • Home
  • General News
  • Business
  • Politics
    • NDC News
    • NPP News
  • Sports
  • Showbiz
  • Health
  • Lifestyle
  • Tech News
No Result
View All Result
  • Home
  • General News
  • Business
  • Politics
    • NDC News
    • NPP News
  • Sports
  • Showbiz
  • Health
  • Lifestyle
  • Tech News
No Result
View All Result
Ghana Database
No Result
View All Result

GoldBod Suspends New Gold Buying Licence Applications to Drive Sector Reforms

ghanadatabase by ghanadatabase
February 16, 2026
in Featured, General News
Reading Time: 2 mins read
Share on FacebookShare on Twitter

The Chamber of Agribusiness Ghana (CAG) has launched a comprehensive National Tomato Production Strategy (2026–2030) aimed at reversing Ghana’s heavy dependence on tomato imports and unlocking billions of cedis in lost economic value.

The strategy, which requires an estimated GH¢3.2 billion investment, seeks to modernize production systems, expand processing capacity, reduce post-harvest losses, and strengthen value addition across the tomato supply chain.

CAG projects that successful implementation of the strategy could reduce tomato imports by at least GH¢600 million annually. Additionally, the initiative is expected to generate approximately GH¢220 million in tax revenues while creating up to 250,000 jobs.

Currently, Ghana imports between 75,000 and 100,000 metric tonnes of fresh tomatoes and 78,000 to 100,000 metric tonnes of tomato paste each year. Annual import expenditure ranges between GH¢650 million and GH¢760 million.

The Chamber highlighted that the country’s reliance on imports not only drains foreign exchange but also undermines domestic agricultural potential. Significant volumes of locally grown tomatoes continue to perish due to inadequate storage and limited processing facilities.

By addressing these structural challenges, the National Tomato Production Strategy aims to strengthen domestic production capacity, reduce foreign exchange outflows, and enhance food security.

CAG emphasized that coordinated government action, private sector investment, and improved infrastructure development will be critical to the strategy’s success.

According to the Chamber, transforming the tomato sector is not only an agricultural priority but also an economic necessity that could retain billions of cedis within Ghana’s economy while safeguarding traders and boosting rural livelihoods.

ShareTweetPin
Previous Post

Democracy Hub Sues to Halt Ayawaso East By-Election Over Alleged Vote Buying

Next Post

Parliament to Host President Mahama for State of the Nation Address on February 27

Related Posts

Featured

Two Ghanaian Soldiers Critically Injured After Israeli Missile Strike on UN Base in Lebanon

March 6, 2026
Featured

Mahama Announces Women’s Development Bank at Ghana’s 69th Independence Day Anniversary Celebration

March 6, 2026
Featured

Ghana to Lead Global Call for Justice Over Slave Trade -President Mahama

March 6, 2026
Featured

John Mahama Pays Tribute to Nkrumah at Ghana’s 69th Independence Anniversary

March 6, 2026
Next Post

Parliament to Host President Mahama for State of the Nation Address on February 27

MORE NEWS

  • All
  • Health
  • Lifestyle
Featured

Two Ghanaian Soldiers Critically Injured After Israeli Missile Strike on UN Base in Lebanon

by ghanadatabase
March 6, 2026

Two Ghanaian soldiers deployed on a United Nations peacekeeping mission in southern Lebanon have been critically injured after their base...

Read moreDetails

Mahama Announces Women’s Development Bank at Ghana’s 69th Independence Day Anniversary Celebration

March 6, 2026

Ghana to Lead Global Call for Justice Over Slave Trade -President Mahama

March 6, 2026

John Mahama Pays Tribute to Nkrumah at Ghana’s 69th Independence Anniversary

March 6, 2026

John Mahama Calls on Citizens to Contribute to National Development

March 6, 2026

© 2025 : Ghana Database

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Home_New
  • Home2

© 2025 : Ghana Database