Audio By Carbonatix
Local beverage manufacturer, Kasapreko Company Limited says it is incurring huge costs as a result of the worsening power situation in the country.
Managing Director of the company, Kwabena Adjei told Joy Business that profits which are supposed to be used in the development or expansion of the company is used to purchase machinery to help power their plants during power outages.
According to him the inability of the Electricity Company of Ghana (ECG) to provide an adequate load shedding timetable makes matters even worse.
He said the situation was not encouraging adding, if not ratified, it could cause many smaller companies who may not be able to absorb the shock to collapse.
He made this known when the company launched its Event Service, aimed at partnering event organisers and the media to deliver cocktail experience with premium brands.
Latest Stories
-
Accra turns white as Dîner en Blanc delivers night of elegance and culture
2 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
4 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
4 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
4 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
5 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
5 hours -
Cruise ship hits reef on first trip since leaving passenger on island
5 hours -
UK restricts DR Congo visas over migrant return policy
5 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
6 hours -
Two dead in 50-vehicle pile up on Japan highway
6 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
6 hours -
New York blanketed in snow, sparking travel chaos
6 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
10 hours -
We would have lost that game last season – Guardiola
10 hours -
Nigeria reach AFCON last 16 despite Tunisia fightback
10 hours
