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Business News of Tuesday, 9 May 2023

Source: www.ghanaweb.com

Guinness Ghana shuts down over GH¢6m debt owed GWCL

Ghana Water Company Limited Ghana Water Company Limited

The Ghana Water Company Limited (GWCL) on Tuesday, May 9, 2023, disconnected water supply to the head office of Guinness Ghana Breweries Limited.

Guinness Ghana Breweries, according to a Joy News report and monitored by GhanaWeb Business owes the Ghana Water Company Limited an amount of GH¢6.7 million.

The shutdown of the breweries company forms part of GWCL's revenue mobilization exercise.

"The Ghana Water Company Limited has disconnected water supply to the company. They owe GHC6.7million as at March," JoyNews said.

The Guinness Ghana Breweries is yet to comment on the shutdown.

Similar exercises are ongoing nationwide as part of the revenue mobilisation drive to redeem debts owed to GWCL.

According to GWCL, nationally, over 800 million are owed in arrears with 90 percent being domestic consumers and 10 percent government institutions.

Until such time as they pay up their debts in full or in part, as assessed by the company, and a reconnection charge, defaulters have their pipelines disconnected.

ESA/FNOQ