The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has expressed concern over the continued impact of irregular power supply on businesses, contradicting recent claims by the government that the country’s electricity situation has stabilised.

According to Mr. Bonsu, the reality on the ground for many private enterprises paints a much grimmer picture than the one being presented by official sources.

“What we’re hearing from businesses across the country is very different from what the government is saying. The power supply is still unreliable, and it’s taking a serious toll on operations,” he said.

This revelation comes at a time when several businesses, especially in manufacturing, retail, and services, report frequent and unscheduled power cuts that disrupt operations and inflate energy costs due to increased reliance on generators.

Mr. Bonsu noted that for small and medium enterprises, the irregular power supply is not just an inconvenience but a major threat to survival.

“Many SMEs do not have the resources to absorb the cost of alternative power. Every hour without electricity is a potential loss of revenue, productivity, and customer trust,” he added.

While government officials have insisted that recent measures to stabilise the power grid are working, business leaders are urging a more transparent and data-driven approach to addressing the problem.

PEF is calling on authorities to engage more directly with the private sector and provide clearer timelines and communication around power supply schedules and infrastructure improvements.

“We need urgent and honest dialogue. Businesses are ready to be part of the solution, but we need to start by acknowledging the problem,” Mr. Bonsu stressed.

The Private Enterprise Federation says it will continue to monitor the situation and advocate for stronger support for businesses affected by the ongoing energy crisis.