Kasapreko incurs huge cost due to worsening power outages

Local beverage manufacturer, Kasapreko Company Limited says it is incurring huge costs as a result of the worsening power situation in the country.

Managing Director of the company, Kwabena Adjei told Joy Business that profits which are supposed to be used in the development or expansion of the company is used to purchase machinery to help power their plants during power outages.

According to him the inability of the Electricity Company of Ghana (ECG) to provide an adequate load shedding timetable makes matters even worse. 

He said the situation was not encouraging adding, if not ratified, it could cause many smaller companies who may not be able to absorb the shock to collapse.

He made this known when the company launched its Event Service, aimed at partnering event organisers and the media to deliver cocktail experience with premium brands.