14% ECG tariff cut begins this month

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NON-RESIDENTIAL users of electricity would, effective this month, begin to enjoy an average of 14% reduction in electricity tariffs.

Additionally, barbers, beauticians and tailors are also up for 18%, 15.7% and 9.8% reduction respectively.
The President made this announcement at the opening of the eighth Salon Academy of the National Association of Beauticians and Hairdressers, held at the Mensah Sarbah Hall, University of Ghana, Legon, yesterday.
The relief, according to the President, is a direct benefit of government’s efforts at stabilising the power situation after assumption of office.
The President noted that the reduction is in line with his government’s agenda of ensuring a phenomenal growth of the private sector,as well as offer reliefs that would help grow the Small and Medium-Scale Enterprises sector.
The President said his government has begun implementing policies that would bring respite to businesses, as well as set the country on the path of growth and prosperity.
He made mention of the successful implementation of policies such as the Free Senior High School policy and others that would help develop the country into a prosperous one.
“Free SHS has come to stay. It is going to be a central feature of the education architecture of our country. We are not going to go back on it. By 2020, all students in form 1, form 2 and form 3 would enjoy the free SHS policy,” he noted.
Furthermore, the President told the gathering that the 2018 budget had also made provisions that would ensure that young entrepreneurs, up to the age of 35, will enjoy a tax holiday for the first five years of operation.
Touching on the provision of skills training, he revealed that, up until now, all the institutions responsible for Technical and Vocational Education and Training (TVET) in the country were under various organisations.
“My government has made the decision to centralise all of them (TVET) under the Ministry of Education so we can scale up TVET training and make it better and more robust for you. The demand for an industrial park in every region is part of the NPP manifesto, and you know that all the pledges I have made to the Ghanaian people, I am going to fulfil each and every one of them,” he said.
President Akufo-Addo appealed for the continued support of the association, stressing that “this government is your government; it is the government of the private sector. Whatever we can do to strengthen the private sector, we will do it. We have come to do a job to raise Ghana up, and, with your support, we will raise Ghana up. The Black Star is going to shine and shine and shine again.”
The President used the opportunity to thank the association for their support during his candidacy for president.

By Daniel NONOR, Accra

ABOUT: Nana Kwesi Coomson

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An Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow (YALI) who studied at Clark Atlanta University on the Business and Entrepreneurship track. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morgan

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