AGI raises alarm over 40% electricity tariff hikes facing businesses

The AGI said it is ready to work with the Ministry of Finance, the Bank of Ghana and government to ensure that the gains from the 2026 Mid-Year Budget Review translate into an operating environment where Ghanaian businesses can invest, compete and grow with confidence DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

The Association of Ghana Industries (AGI) has raised concerns over rising electricity costs facing businesses, warning that some companies have been hit with electricity tariff adjustments of more than 40%.

Speaking at the AGI 2nd Quarter Business Barometer presentation and Corporate Forum on Thursday, August 13, 2026, AGI President Kofi Nsiah-Poku said the development was adding to the cost pressures confronting businesses despite recent improvements in Ghana’s macroeconomic conditions.