Audio By Carbonatix
The Association of Ghana Industries says it will push for gradual increases in utility tariffs as it re-engages the Public Utilities Regulatory Commission over its concerns.
Government last Friday asked the PURC to re-engage labour and industry players over a possible review of the tariffs to ease the burden on consumers.
AGI President Nana Owusu Afari tells Joy Business a gradual increase would ensure that industries do not collapse.
“Nobody is saying that they shouldn’t increase tarrifs; that is not the position of AGI or the position of labour.
"What we are saying is that the hikes were too much. It will kill everything. Increases should be gradual and over time so that we can adjust and also meet the competition in the global marketplace.”
He said industries are battling with very high interest rates which is making it difficult for businesses to cope.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Revocation of L.I. 2462 step in the right direction – Lands Ministry Spokesperson
3 minutes -
Afeku urges creation of world-class hospitality training school in Volta Region
19 minutes -
Ghana’s unemployment rate eases slightly to 13.0% in 2025 third quarter
23 minutes -
Climate change forcing migration as Farm Radio engages stakeholders on solutions
28 minutes -
Financial knowledge secures the future – NIB to Police Ladies
31 minutes -
Afeku calls for major tourism investment in Volta Region to drive jobs and growth
38 minutes -
BoG to engage more agencies to clamp down on unlicensed financial institutions
38 minutes -
US-based Ghanaian Lawyers, Embassy explore ‘Law Day’ to improve legal education among Ghanaians
38 minutes -
Tourism overlooked despite its power to transform economy – Catherine Afeku
41 minutes -
Standards compliance in Ghana still a work in progress – GSA official
42 minutes -
Fentuo, Tariq Lamptey Foundation donate jerseys to Tarsor Basic School
47 minutes -
Go beyond profit: Business must empower people – Margins ID Group CEO urges youth
49 minutes -
One of the most critical things now is how to manage Ghana’s debt – Joyce Bawah
50 minutes -
Market leader Star Oil drops fuel prices with petrol selling at GH¢10.97 and diesel at GH¢11.79
53 minutes -
Akufo-Addo should have stepped aside after first term – Joyce Bawah Mogtari
1 hour
