The sports category has moved to a new website.

Ghana Employers Association appeals to government to reduce electricity tariffs, here’s why

The Ghana Employers Association (GEA) has appealed to the government to reduce the non-domestic electricity tariffs in the country.

Ghana Employers Association appeals to government to reduce electricity tariffs, here’s why

This, the association said will help boost the industrial growth in the country.

The President of the GEA, Dan Acheampong appealed on behalf of his association at the 59th Annual General Meeting (AGM) of the GEA in Accra on Wednesday, September 11, 2019.

He noted that the association was pleased with the reduction in electricity tariffs made in March 2018, particularly for industry, and it was a welcome development.

He, however, noted that Ghana still remained comparatively high on the price index for electricity tariffs in West Africa.

ADVERTISEMENT

“This means that Ghana still has some work to do in the area of lowering tariffs even further for industrial and commercial users,” he said.

Adding that “Indeed, it is the GEA’s view that as a country aiming at rapid industrialisation of our economy, we need as a matter of Policy to discriminate some more favour of ‘process’ power as against ‘utility’ power, given the value-addition attribute of the former.”

Mr Acheampong further noted that “Such a move will no doubt, retain investors who are already located in Ghana, as well as attract new local and foreign investors into productive sectors of the economy, thereby creating the much-needed jobs.”

He then urged the government to, as a matter of urgency, accelerate the pace of developing other cost-effective forms of renewable energy in order to enhance Ghana’s pedigree as the business destination for West Africa.

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

African countries with the highest divorce rate

African countries with the highest divorce rate

10 African cities with the highest crime index at the start of 2024

10 African cities with the highest crime index at the start of 2024

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Details of Ngina Kenyatta's luxurious restaurant

Details of Ngina Kenyatta's luxurious restaurant

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

ADVERTISEMENT