‘DUMSOR’ MUST NOT DESTROY OUR BUSINESSES

IT is pretty obvious now that there is a growing anxiety among Ghanaians, over the energy crisis, largely for fear of businesses collapsing in the country.

The talk in town is that businesses are suffering because of the power crisis, and if nothing is done soon, many of them would collapse.

Indeed, President John Mahama echoed this sentiment on Tuesday, when he expressed grave concern about the effects of the power outages on small scale businesses in the country.

According to him, the ongoing load management as a result of reduction in available power to distribute, would definitely erode some of the gains made by the government to grow the small scale businesses to make them competitive.

It is disturbing that the power crisis has lasted for so long and is having a toll on all businesses, a situation which can affect the economy.

The Times is aware of a number of steps being taken by the government to solve the problem, but it seems that however hard it tries, the problem remains.

Recent information we gathered from industries does not inspire hope. Many of the industries and companies are contemplating one action or another, due to the high cost of running their organisations.

The cost of running generators alongside electric power is shooting up the cost of operation. Many of them are therefore, left with no option but to either lay off their workers or shut down completely.

Fortunately, we have been made aware that in the short-term, the government plans to deploy emergency power barges to ameliorate the problem, but the source of anxiety for many and the prayer of Ghanaians is that the problem should not get any worse before it gets better.

Many Ghanaians are waiting anxiously for the arrival of the power barges to provide enough electricity to ensure that we get back to normal life, but while we are at it, it is our hope that the public and the private sector would heed the call of the President to help resolve the crisis.

No doubt, private sector participation in resolving the crisis cannot be over-emphasised, since many of them are already contributing to the production of power in the country.

We urge both the public and the private sector to seize the opportunity to contribute to solving the problem in the country, and get the situation back on track.

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