Audio By Carbonatix
Local beverage manufacturer, Kasapreko Company Limited says it is incurring huge costs as a result of the worsening power situation in the country.
Managing Director of the company, Kwabena Adjei told Joy Business that profits which are supposed to be used in the development or expansion of the company is used to purchase machinery to help power their plants during power outages.
According to him the inability of the Electricity Company of Ghana (ECG) to provide an adequate load shedding timetable makes matters even worse.
He said the situation was not encouraging adding, if not ratified, it could cause many smaller companies who may not be able to absorb the shock to collapse.
He made this known when the company launched its Event Service, aimed at partnering event organisers and the media to deliver cocktail experience with premium brands.
Latest Stories
-
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
1 hour -
Alhassan Suhuyini makes Christmas donations to churches within Tamale North Constituency
5 hours -
Meet 81-year-old father of UCC Acting Vice-Chancellor, who recently graduated with an MBA
5 hours -
Did you know that Ken Ofori-Atta’s lawyer, Enayat Qasimi, is the ‘Ken Ofori-Atta of Afghanistan? – Kay Codjoe writes
5 hours -
Kidnap suspect arrested in Tamale as Police rescue victim after four days
5 hours -
Tema Oil Refinery resumes crude refining after years of shutdown
6 hours -
Kojo Antwi thrills fans with regal entry, marathon performance at ‘Antwified’ concert
6 hours -
Ofori Amponsah surprises KiDi at ‘Likor On The Beach’ 2025
6 hours -
Joy FM thanks sponsors, partners and patrons after spectacular 2025 Family Party-in-the-Park
6 hours -
‘Christmas babies’ and their mothers in Volta and Oti regions receive MTN hampers
7 hours -
One dead, another injured after accident at Atwedie
7 hours -
Maggi Waakye Summit draws thousands as Ghana’s biggest waakye festival returns
8 hours -
Western Regional Minister urges Ghanaians to use Christmas to deepen national cohesion  Â
9 hours -
Thousands turn Aburi Gardens into a festive paradise at Joy FM’s Party in the Park
9 hours -
Source of GOLDBOD’s trading funds questioned amid reported $214m loss
9 hours
