Audio By Carbonatix
The Association of Ghana Industries (AGI) is demanding advance notice of future tariff increases from utility regulator, Public Utilities Regulatory Commission (PURC).
The Association argues that advance notification will help various industries plan and prepare budgets ahead of time.
PURC currently adjusts tariffs automatically for every quarter but Tema regional chairman of the AGI, Charles Mensah says surprise increases in tariffs hamper growth of businesses.
Charles Mensah was speaking at a meeting with the PURC on quality of service and the automatic adjustment of tariffs.
"There is gradual and reasonable increase in energy pricing but we need to know this before the year begins. Government or PURC can come out and tell us that industry expects a 50% energy price increase next year and we will then factor this into our budget," he said.
The AGI regional chairman was of the view that if the association does not have knowledge of such plans "and then we wake up one morning and hear that utility prices have been increased then you create a problem for us because we have not budgeted for that."
Charles Mensah lamented that, "We are in a country where incomes are so low and because incomes are so low, there is a limit to which we can increase our prices."
Latest Stories
-
Ghana’s tuna industry in crisis as 20 hook-and-line vessels collapse
37 minutes -
South Tongu MP launches apprenticeship programme for 159 young people
51 minutes -
The Pusiga connection behind Gertrude Atongi’s work in New York
1 hour -
Teachers took promotion exams in December to beat government clearance deadline – GNAT
1 hour -
NPA launches 2026 staff welfare week with focus on teamwork and employee wellbeing
1 hour -
Ghana, Saint Kitts and Nevis sign labour deal to strengthen protections for Ghanaian nurses
1 hour -
Delayed promotions put teachers’ retirement benefits at risk – GNAT
2 hours -
No ‘Bawumia candidates’ in NPP executive elections – Anthony Karbo
2 hours -
Over 3,000 displaced as flooding overwhelms Hohoe communities
2 hours -
Sunyani East NPP executives begin reconciliation drive ahead of 2028 polls
2 hours -
Agric Minister engages Ga Mantse on agriculture transformation agenda
2 hours -
Aayalolo expansion targets private car users, not trotro operators – Mahama Ayariga
2 hours -
KNUST, GMTF explore AI partnership to transform healthcare delivery
2 hours -
MTTD records 9,000 preventable crashes, over 900 deaths in eight months
2 hours -
UN Secretary-General expresses optimism about future, pledges support for Mahama, AU
2 hours