The Ghana Revenue Authority (GRA) has reaffirmed its commitment to supporting the country’s creative economy, particularly the fashion sector, as part of efforts to drive economic growth and national development.
Speaking at the launch of the Business of Ghanaian Fashion Nexus in Accra, on Tuesday September 9, Elsie Appau-Klu, Technical Advisor to the Commissioner-General of the GRA, acknowledged the fashion industry’s potential to boost Ghana’s economy and create jobs.
“At the GRA, we recognise the significant contributions of the creative industry to Ghana’s economic growth and development. The GRA is committed to supporting the fashion industry through various incentives and activities, including tax incentives and streamlining tax compliance processes,” Appau-Klu said.
The statement comes at a time when stakeholders in the fashion industry are pushing for more structured support to scale small and medium enterprises (SMEs), enhance export readiness, and attract sustainable investment.
The Business of Ghanaian Fashion Nexus initiative, launched by Fashion Nexus Ghana, seeks to formalise and strengthen the fashion value chain through a combination of summits, training programs, and capacity-building workshops.
By aligning with government institutions such as the GRA, the initiative is expected to create an enabling environment for designers, manufacturers, textile producers, and other stakeholders to thrive, while contributing more meaningfully to Ghana’s GDP.
Industry watchers believe the GRA’s pledge to simplify tax processes and introduce targeted incentives could encourage more fashion entrepreneurs to register formally, comply with tax obligations, and expand their operations both locally and internationally.
