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Ghana’s business groups condemn electricity pricing, blaming it for harming growth, pushing closures, and urging urgent reforms.
Ghanaian business groups, including FABAG, GUTA, and the Ghana Plastic Manufacturers Association, have condemned the country’s electricity pricing regime, calling it anti-business and harmful to economic growth.
They say rising power costs are pushing industries to downsize or close, discouraging investment, and fueling illegal connections.
The groups blame the current system for penalizing efficient businesses, enabling corruption, and undermining industrialization by making local production less competitive than imports.
They demand urgent reforms, including an independent audit of power sector costs, a transparent tariff structure, and stronger anti-waste measures, urging President Akufo-Addo and the Public Utilities Regulatory Commission to act.
Los grupos empresariales de Ghana condenan la fijación de precios de la electricidad, culpándola de perjudicar el crecimiento, empujando a los cierres y exhortando a reformas urgentes.