Audio By Carbonatix
President of the Association of Ghana Industries (AGI) James Asare Agyei says businesses in the country are gradually crumbling as a result of the never ending energy crisis facing the country.
He said while contending with issues of depreciation of the cedi, business owners now have to grabble with a "worrying" energy crisis.
The country is currently facing a major power crisis which has seen electricity being rationed across the country.
As if the outages are not enough, consumers do not even have any idea exactly when their lights will go off.
In an unplanned, unannounced fashion, ECG switches the electricity on and off at will, a situation that has left consumers worried all the more.
The power producers and distributors have given several reasons, including periodic maintenance works, limited supply of gas and high cost of light crude oil for the sad state of affairs.
James Asare Agyei told Joy News the situation has become unbearable.
According to him, workers who report to work, most often are unable to do anything because power is unavailable.
Such workers, he explained, would still have to be paid even though productivity has decreased.
He said some machines have also developed faults because of the unannounced outages. All these have led to an increase in cost of productivity.
James Asare Agyei said workers would soon be laid off if the situation continued.
Latest Stories
-
PSG sign World Cup winner Torres from Barcelona
7 minutes -
Odeneho Kwaku Appiah beats former EPA boss Kokofu, to emerge NPP Ashanti chair
10 minutes -
TDC defends statutory mandate, says its authority to develop Tema predates TMA
12 minutes -
Ignatius Kwesi Afrifa elected NPP Western Regional Chairman
16 minutes -
Galamsey will be a key issue for NPP’s 2028 campaign – Annoh-Dompreh
22 minutes -
Makafui Woanyah retains NPP Volta Regional Chairmanship
27 minutes -
Ghana Law Society announces maiden annual Bar conference for September 30
29 minutes -
Abronye DC retains NPP Bono East Regional chairmanship
44 minutes -
NSMQ 2026: Check out the 147 schools battling in 49 preliminary contests
49 minutes -
NPP rebuilding to reclaim parliamentary seats lost in 2024 – Annoh-Dompreh
60 minutes -
GoldBod has not made GH₵1.7bn loss – Prof Ebo Turkson
1 hour -
Legal vacation trials involving politicians raise fair play concerns – Baffour Awuah
1 hour -
‘It should have been negotiated’ – Dafeamekpor on lawyers’ dispute with CJ over vacation hearings
2 hours -
Ablakwa announces special bonus for passport staff after GSS ranks service among least corrupt institutions
2 hours -
Mövenpick Ambassador Hotel will deepen community engagement as it marks 15 years – General Manager
2 hours