The Association of Ghana Industries says it will push for gradual increases in utility tariffs as it re-engages the Public Utilities Regulatory Commission over its concerns.
Government last Friday asked the PURC to re-engage labour and industry players over a possible review of the tariffs to ease the burden on consumers.
AGI President Nana Owusu Afari tells Joy Business a gradual increase would ensure that industries do not collapse.
“Nobody is saying that they shouldn’t increase tarrifs; that is not the position of AGI or the position of labour.
"What we are saying is that the hikes were too much. It will kill everything. Increases should be gradual and over time so that we can adjust and also meet the competition in the global marketplace.”
He said industries are battling with very high interest rates which is making it difficult for businesses to cope.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Walker wants to ‘explore’ Man City exit – Guardiola
7 hours -
Ejura Sekyeredumase MP demands autopsy on resident who died in Police custody
8 hours -
Kusaas Diaspora Union launched to spearhead global unity, development
10 hours -
Bright Simmons: Mahama’s reduction of ministries to 23 amid calls for efficiency, cost-cutting
10 hours -
Maxwell Hanson seeks apology and compensation from Anim Addo over defamation claims
11 hours -
We listen, we don’t judge: What they don’t tell you about being an entrepreneur
11 hours -
Mahama orders Lands Commission to halt sale of State Lands
12 hours -
Chiesa on target as Liverpool ease past Accrington Stanley
12 hours -
Everton appoint Moyes as manager for second time
12 hours -
WACCE describes 2024 elections as one of the violent, deadliest in the 4th Republic
13 hours -
Volta Region movie industry stagnated, needs investors to push – stakeholders
13 hours -
Petition against Chief Justice reflects broader public concerns about Judiciary – Joyce Bawa
13 hours -
Northern Ghana won’t experience fuel shortage – NPA assures
13 hours -
Calm restored in Ejura after mob attack on Police Station
13 hours -
18-year-old herdsman remanded over murder of younger brother
13 hours