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
-
Margaret Korme Tetteh
36 minutes -
Sammy Gyamfi’s work at Goldbod in few months would take someone five years – Ato Forson
51 minutes -
From Accra to Wuzhen: The Ghanaian schoolgirls making their mark in global AI
53 minutes -
Ghana must prioritise value addition to sustain IMF gains – Prof Asuming
1 hour -
Man allegedly poisons his incoming girlfriend over GH₵100 at Buduburam
1 hour -
Jennifer Frimpong: Ghana’s health system faces funding shock, urgent reforms needed
1 hour -
Tighter cocoa supply lifts prices as Ghana records good crop conditions
2 hours -
KAAF University donates to Widows, urges Public to end Discrimination against Elderly Widows
2 hours -
NAIMOS task force disrupts illegal mining operations along Ankobra River
2 hours -
President’s New Year message lacked hope and sincerity – NPP’s Senyo Amekplenu
3 hours -
Ebo Noah remanded pending psychiatric exam, to reappear on January 15
3 hours -
Our public university system is falling down
3 hours -
Ho Central Mosque under heavy security, worshippers forced to pray outdoors
4 hours -
An open letter to H.E. John Dramani Mahama: The audacity of the third shift
4 hours -
A new era of healthcare dawns in Kintampo: Mary Queen of Love Medical Hospital opens its doors
5 hours
