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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Utility tariff increase will cripple businesses – AGI

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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Don’t shortchange customers; use standardized measurements – Traders told

    We’re ready to provide liquidity support to banks – BoG reiterates

    Utility tariff increase will cripple businesses – AGI

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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Utility tariff increase will cripple businesses – AGI

    GRA arrests 3 shop owners for not issuing VAT invoices

    GNPC-PetroSA deal: Freddie Blay threatens to sue CSOs

    Chinese involvement in Ghana’s economy not problematic – Nana Addo

    Ghana Association of Banks welcomes provisions for recapitalization

    BoG commissions Financial Industry Command Security Operations Centre

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    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

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    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

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Sachet and packaged water association bemoans increase in water tariff

bycitibusinessnews
May 19, 2023
in News
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The Association of Sachet and Packaged Water is bemoaning the recent increase in water tariff.

This follows a review and approval by the Public Utilities Regulatory Commission (PURC) for water tariffs to go up for the second quarter of 2023.

The tariff adjustment comes a few days after the announcement of tariff adjustment for electricity and natural gas.

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Although the PURC has cited the cost of operations among other concerns for the tariff adjustments, some stakeholders have registered their dissatisfaction.

Speaking to Citi Business News, President of the Association of Sachet and Packaged Water, Magnus Nunoo says the adjustment is not in the interest of consumers.

“This adjustment is not in any way in the interest of consumers. Prices of goods have gone up and now this. They should do something about it,” he said.

Effective June 1, 2023, the cost of water services will see an upward adjustment for all consumer groups.

This follows a review and approval by the Public Utilities Regulatory Commission for water tariffs to go up for the second quarter of 2023.

“In taking this decision, the commission took cognizance of the cost of electricity, increased volume cost of chemicals for raw water treatment, the Ghana Cedi/US Dollar exchange rate and inflation,” PURC announced in a statement issued on Thursday, May 18.

During the same period, PURC increased tariffs for electricity and natural gas by 18.36% across the board.

PURC explained that the decision was taken to balance the prevention of extended power outages and their adverse implications on jobs and livelihoods while minimizing the impact of rate increases on consumers.

The Quarterly Tariff Review Mechanism seeks to track and incorporate changes in key factors used in determining natural gas and electricity tariffs.

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Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

BoG Act needs clarity, improvement for easy implementation – Governor

Don’t shortchange customers; use standardized measurements – Traders told

We’re ready to provide liquidity support to banks – BoG reiterates

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GRA arrests 3 shop owners for not issuing VAT invoices

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