
Audio By Carbonatix
Ghana’s hospitality sector has raised concerns over the latest utility tariff adjustments, insisting that the government and the Public Utilities Regulatory Commission (PURC) continue to overlook the true cost drivers.
Speaking to the media, the Chief Executive Officer (CEO) of Coconut Grove Regency Hotel, Ralph Ayitey, said the challenge is not simply high tariffs but the structural waste within the utility system that is being passed on to consumers.
Introducing his concerns, he said, “We will want to see utility tariffs rather than going down, but the PURC is talking about the cost of production. I’ve heard that, for example, electricity, we have transmission losses of up to 40%.”
He continued, “That is quite high. That is very, very high. And as much as we can, it's very, very helpful that we plug that hole and gradually reduce it to the barest.”
Mr Ayitey added that addressing these inefficiencies would significantly ease the financial burden on businesses. “If we can cap in that hole of 40% losses, obviously, there will be a reduction,” he noted.
He concluded, “So for me, it's not necessarily about capacity, but it's about reducing the waste to the barest.”
Latest Stories
-
Richard Gyan Mensah engages drivers, Okada riders on road safety in Gomoa West
12 minutes -
AG to close prosecution’s case in Adu-Boahene trial next week
13 minutes -
Woman, ex-soldier charged over GH¢1.6m GAF recruitment scam
35 minutes -
Rev. Wengam, wife complete 4th Apostolic Visit to Ashanti East Region
43 minutes -
Mahama has spoken – NDC’s James Agbey urges supporters to drop third-term campaign
1 hour -
Igniting Dreams Summit opens in Wa with 25-year plan to tackle youth unemployment
2 hours -
Assemblies of God Church visits Gambaga local prison, donates food and toiletries to inmates
3 hours -
Miracles Aboagye’s arrest was unnecessary; he was cooperating with EOCO – Baffour Awuah
3 hours -
Disbursement of teacher trainee allowances begins – TTAG
3 hours -
NDC suffering from the ‘curse of majority’ in Parliament – Baffour Awuah
4 hours -
Concerned NPP-USA members demand release of election album, raise transparency concerns ahead of branch polls
4 hours -
CBG donates relief items to NADMO to support flood victims
5 hours -
Bail shouldn’t be used as public retribution – Vicky Bright on Miracle Aboagye’s bail conditions
5 hours -
Fair Wages and Salaries Commission appeals to GNAT to suspend planned strike over conditions of service
5 hours -
Police divert traffic as articulated truck blocks Birimso Bridge on Accra-Kumasi Highway
5 hours