As Ghana approaches a pivotal general election in less than five months, the electorate, particularly the business sector, is voicing significant concerns.
Key issues include the depreciation of the cedi, high taxes, and rising utility costs.
These economic challenges are central to the discourse between the two leading political parties: the New Patriotic Party (NPP) and the National Democratic Congress (NDC).
Dr. Mahamudu Bawumia, the NPP’s presidential candidate, recently toured the Ashanti Region to connect with local business owners. During this tour, a businessman running a mineral water production company shared his struggles with Dr. Bawumia, particularly focusing on the skyrocketing cost of utilities.
The businessman disclosed that his factory’s electricity bill had soared from GH¢20,000 to over GH¢200,000, severely affecting his profit margins. Speaking in Twi, he highlighted the unsustainable nature of these costs, stressing the need for government support for businesses.
“I am in the mineral water production business, and since 2016, the equipment I bought has been problematic. Dr. Bawumia, my electricity bills have become unbearable, jumping from GH¢20,000 to about GH¢200,000,” he stated. “By the end of production, my earnings are wiped out by electricity costs. We need a government that will support businesses in the Ashanti region if you become president,” he urged.
On December 7, 2024, Ghanaians will cast their votes to elect a new president and members of parliament for the next four years.
Watch video below:
'I used to pay GHC20,000 electricity bills, now I pay over GHC200,000' – Businessman 'confronts' Bawumia in Kumasi
— TIG Post (@tigpost_) June 15, 2024
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