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
-
GIADEC denies sale of VALCO, confirms strategic equity partnership plans
12 minutes -
Legalisation of ‘Okada’ will address rider indiscipline – NRSA
21 minutes -
Strengthen your relationships at the J in G Corporate Retreat 2026
28 minutes -
NPP dare not talk corruption if Ofori-Atta remains in US – Adorye warns
36 minutes -
An ordinary man’s extraordinary encounter with the vice president
41 minutes -
Transfer Pricing Audits in Ghana: Why documentation is now more important than the tax itself
47 minutes -
Third child death raises alarm in Dagombaline after three-year-old found dead
52 minutes -
Agradaa ordered to pay GH¢100k to Empress Gifty in defamation case
53 minutes -
Nigeria police deny reports of mass church abductions in north
58 minutes -
Latif Iddrisu vs. IGP trial: Fourth judge adopts case eight years after near-fatal assault on journalist
1 hour -
Benefits Ghana will get from the GoldBod and Gold Coast Refinery landmark agreement
1 hour -
Kwabena Agyepong proposes 11-judge Supreme Court bench, removal of retirement age
1 hour -
NPP: I’m not going to meet any disciplinary committee – Prof Frimpong-Boateng
1 hour -
Republic Financial Holdings exceeds $200m climate finance target
1 hour -
Mayor of Accra pledges extra water tankers for GNFS
1 hour