The National Association of Sachet and Packaged Water Producers has confirmed an increase in the price of the products by 25%, citing high cost electricity, taxes as well as high import duties.
President of the association, Magnus Nunoo, in an interview with Charles Ayitey on the Market Place, projected a continuous increase in the commodity, saying, the cost of doing business in Ghana continues to frustrate operators.
“We can confirm that the cost of purified drinking water has increased. The upward adjustment started somewhere from the beginning of December 2021. There is no doubt attributing this to the high cost of production - from water, electricity to transport,” he disclosed.
According to the Association, a formal statement is about to be issued to appeal to the government on the “killer taxes.”
“Producers of water pay almost 25% levy on their products, while producers of beer pay 10% less. In effect, it is cheaper to produce beer in Ghana than water,” he lamented.
Meanwhile, the margin of price increase ranges from 25% to 50%, the association revealed.
“Pure water sachet has increased by 20 pesewas, while that of bottled water has gone up by about 50 pesewas. This can change in no time soon,” he stated.
The Northern Regional Chapter of the Sachet Water Producers Association of Ghana in November 2021 increased price of the product in the region due to high cost of production.
The Northern Regional Chairman of the Association, Nuhu Sualisu, said, “the high cost of materials needed in producing sachet water is gradually forcing our members out of business, hence the need for the increment in order to meet the cost of production and serve our clients effectively.”
Thaddeus Kofi Abeka Yarney, a sachet water producer in the Tamale Metropolis, said the increment was necessary as the high cost of materials for production has forced many of their members out of business and brought untold hardship to families and their dependents.
Latest Stories
-
EPA says lead-based paints are dangerous to health, calls for safer alternatives
51 minutes -
Queenmother calls on President-elect Mahama to appoint more women in his government
3 hours -
Atletico Madrid beat Barcelona to go top of La Liga
3 hours -
Usyk breaks Fury’s heart with points win in rematch
3 hours -
Ghana-Russia Centre to run Russian language courses in Ghana
9 hours -
The Hidden Costs of Hunger: How food insecurity undermines mental and physical health in the U.S.
9 hours -
18plus4NDC marks 3rd anniversary with victory celebration in Accra
12 hours -
CREMA workshop highlights collaborative efforts to sustain Akata Lagoon
12 hours -
2024/25 Ghana League: Heart of Lions remain top with win over Basake Holy Stars
13 hours -
Black Queens: Nora Hauptle shares cryptic WAFCON preparation message amid future uncertainty
13 hours -
Re-declaration of parliamentary results affront to our democracy – Joyce Bawah
14 hours -
GPL 2024/25: Vision FC score late to deny Young Apostles third home win
14 hours -
Enhancing community initiatives for coastal resilience: Insights from Keta Lagoon Complex Ramsar Site Workshop
14 hours -
Family Health University College earns a Presidential Charter
14 hours -
GPL 2024/25: Bibiani GoldStars beat Nsoatreman to keep title race alive
14 hours