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GNCCI Urges Halt to Major Utility Tariff Hikes

9/13/2025

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Summary

Story summary

The Ghana National Chamber of Commerce and Industry (GNCCI) calls for a suspension of proposed utility tariff increases.
President Stephane Miezan highlights significant hikes: ECG (225%), NEDCo (171%), and GWCL (280%), stressing the impact on businesses and households amid rising living costs.
GNCCI argues the increases lack economic justification, citing declining inflation and a stable cedi.
The International Monetary Fund (IMF) supports the adjustments to improve efficiency and attract investment.
The Public Utilities Regulatory Commission (PURC) is reviewing these proposals, with decisions anticipated by October 1, 2025.

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Story summary

The Ghana National Chamber of Commerce and Industry (GNCCI) calls for a suspension of proposed utility tariff increases.
President Stephane Miezan highlights significant hikes: ECG (225%), NEDCo (171%), and GWCL (280%), stressing the impact on businesses and households amid rising living costs.
GNCCI argues the increases lack economic justification, citing declining inflation and a stable cedi.
The International Monetary Fund (IMF) supports the adjustments to improve efficiency and attract investment.
The Public Utilities Regulatory Commission (PURC) is reviewing these proposals, with decisions anticipated by October 1, 2025.