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
-
Brandon Asante and Coventry all but promoted to Premier League despite Sheffield Wednesday draw
13 minutes -
GPL 2025/26: Late Kwartemaa strike downs Hearts in Tema
20 minutes -
Ghana Faces Sierra Leone Moment as Prosecutorial Powers come under strain
29 minutes -
Don’t consume fish or seafood from Tema Shipyard until further notice – FDA warns
34 minutes -
Why volunteering might be Africa’s most underrated career accelerator
41 minutes -
ActionAid Ghana raises concern over gender gaps in Feed Ghana Programme
42 minutes -
Windstorm wreaks havoc in Gushegu, displacing nearly 2,000 residents and damaging schools
45 minutes -
Friends of Bridget Bonnie Marks her 35th birthday with donation to Kasseh Model Health Centre
2 hours -
From Ekumfi Kokodo to the Pulpit Stage: Essi Donkor’s gospel journey takes shape
2 hours -
Landfilling waste management creates no value, it’s an economic waste
2 hours -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
2 hours -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
2 hours -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
3 hours -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
3 hours -
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
3 hours