Konfidants, an international business advisory firm, is urging the Ministry of Trade and Industry and its agencies such as the Ghana Enterprises Agency (Formerly NBSSI), National Entrepreneurship Innovation Program (NEIP), Standards Authority to collaborate with the FDA and other stakeholders such as industry associations to come up with a holistic policy and program framework to improve shelf space of Made-In-Ghana (MIG) goods.
According to the firm, this must be evidence-based – such as setting a target for a minimum threshold for Made-In-Ghana goods across the supermarkets within a specified period.
The call comes on the back of research conducted by the firm which showed that only 26 percent of all the goods sold by these supermarket chains were Made in Ghana.
The research, which surveyed nine of the leading supermarkets and two fuel stations in Accra on 19 product categories, showed locally manufactured goods are struggling to make it to the shelves of leading supermarkets in Accra.
The firm also urges policymakers and key stakeholders to review current efforts being made to increase shelf presence of Made-In-Ghana goods.
“This will ensure that these efforts are holistic, dealing with the very roots of the problem and ensuring that any results attained are not just at face value but are deeply impactful and sustainable,” they noted.
It further noted that the overall competitiveness of made-in Ghana products (and manufacturers) needs to be improved.
“Local small producers will need support to make their products more competitive in quality, standards certifications, branding, pricing, and financing. Innovative financing options by financial institutions and the supermarkets could provide accounts receivable financing solutions that can assist small suppliers to comfortably adjust to the long payment periods of the supermarkets,” it added.
About the survey
The survey was conducted in December 2020.
It showed that only 26 percent of all the goods sold by these supermarket chains were Made in Ghana.
In all, a total number of 7,983 brands (from the 19 product categories) were counted across all 11 retail outlets included in the survey.
Out of this number, 5,943 (74%) were foreign brands, with only 2,040 (26%) being Made-In-Ghana brands. This is an improvement on the 2019 survey when only 18% of goods surveyed were Made-In-Ghana.
The survey noted that despite the increase in the number of Made-In-Ghana goods sold across the selected supermarkets, the best performing category of Made-In-Ghana goods is water (with 60% of all water on sale produced in Ghana), followed by eggs (with 55% MIG), fruits and vegetables (52% MIG) and spreads (44.74%)
It, however, noted that despite the performance of these dominant food product categories is still not good enough.
“The research also revealed some disturbing trends in the following products: Only 2% of jams and marmalades on the shelves are Made-In-Ghana, which is worrying given that 58% of Fresh Fruits on the shelves are Made-In-Ghana. (This is one area where there is a clear need and opportunity to add value locally).
Over 62% of all rice, salt (65%), fresh meat (66%), fresh poultry (70%), and even chocolate (65%) brands on the shelves were foreign as well. Given these products have very strong production possibilities on the local market, this is quite worrying,” it added