Business News of Saturday, 4 September 2021Source: GNARice Millers Association of Ghana (RMAG) is calling for a reversal of the benchmark value reduction policy, which enables the customs to determine values of imports for duties at the country’s ports. The statement bemoaned that farmers in the countries of origin of imported rice enjoyed support and subsidies in their production whereas farmers in Ghana had little or no subsidies for rice production. “We believe that this policy is only beneficial to a select few traders particularly big importers of rice and other commodities, while the entire rice value chain in Ghana suffers. “Whereas the government has set a target of making Ghana self-sufficient in rice production by 2022, major rice mills are shut down. The RMAG as a key player in helping the government achieve this target remains skeptical about Ghana’s prospects of achieving self-sufficiency in rice production.
