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Cedi Appreciation:Mahama must Reduce Electricity Tariffs – Paul Twum Barimah

The former Member of Parliament for Dormaa East, Paul Apraku Twum Barimah, has indicated that the ongoing stabilization of the cedi must lead to reduction in electricity tariffs.
The Ghanaian cedi has experienced a significant appreciation against the U.S. dollar in recent months, prompting calls for a corresponding reduction in electricity tariffs.
Despite this currency strength, the Public Utilities Regulatory Commission (PURC) implemented a 14.75% increase in electricity tariffs effective May 3, 2025, citing factors such as exchange rate fluctuations, inflation, and fuel costs.
Cedi’s Upward Trajectory
As of May21st, the cedi strengthened to GHS12,22 per U.S. dollar, marking a 8.44% year-to-date gain from GHS16.53 in November 2024. This appreciation is attributed to several factors, including the Bank of Ghana’s $490 million in forex interventions, increased gold reserves, and improved gross international reserves, which stood at $9.4 billion in March 2025, up from $6.2 billion a year prior.
Tariff Hike amid Currency Strength
The PURC’s recent tariff adjustment was based on a weighted average exchange rate of GHS15.6974 per U.S. dollar, higher than the current rate. The Commission cited the need to recover 50% of an outstanding revenue shortfall of GHS976 million from previous quarters in 2024 as a significant factor influencing the increase.
Stakeholder Reactions
The Ghana Hotels Association and the Ghana Union of Traders’ Association (GUTA) have expressed concerns over the tariff hikes. The Hotels Association highlighted that electricity accounts for over 20% of operational expenses, warning that the increase could threaten business sustainability. GUTA criticized the PURC’s decision as unjustified, pointing to inefficiencies in the utility sector that burden consumers.
Calls for Tariff Reassessment
Given the cedi’s appreciation, stakeholders argue that electricity tariffs should be reassessed to reflect the reduced cost of importing fuel, which is priced in U.S. dollars. They contend that if currency depreciation justifies tariff increases, then appreciation should logically lead to reductions, providing relief to consumers and businesses alike.
Looking Ahead
“As the cedi continues its upward trend, there is growing pressure on the PURC to consider these gains in future tariff reviews. Stakeholders advocate for a transparent and responsive pricing mechanism that aligns with economic indicators, ensuring that consumers benefit from favorable market conditions,” he stated.
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Prioritise affordable treatment of sickle cell treatment —Health Expert

Health experts have urged Ghana to prioritise affordable and accessible treatment for sickle cell disease (SCD) as advanced, but costly curative therapies remain out of reach.
SCD, an inherited blood disorder, affects about three in every 100 newborns in Ghana.
Globally, around 1,000 babies are born with the condition daily, with three-quarters in sub-Saharan Africa.
The disease causes severe complications including chronic pain, anaemia, infections, strokes and organ damage, often leading to shortened life expectancy.
In recent years, gene therapy has been developed as a potential cure.
However, its cost—running into millions of dollars per patient—makes it financially and technically inaccessible in Ghana.
According to Dr Lawrence Osei-Tutu, a Sickle Cell and Childhood Cancer Expert at the Komfo Anokye Teaching Hospital, “the country must instead focus on practical, lower-cost interventions such as hydroxyurea”, a decades-old cancer drug proven to reduce painful episodes, hospitalisation and life- threatening complications in SCD patients”.
Taken orally, the medicine improves red blood cell function and is considered safe and effective.
“Hydroxyurea therapy is as good as the cure and a low-hanging fruit to pluck, we must bring a cure to our sickle cell warriors, but do so sustainably.” he urged.
In a chat with The Spectator here, he said to create awareness on the disease, the expert noted that despite its benefits, “hydroxyurea is not widely accessible in Ghana.”
Stressing that, “many patients either cannot afford it or struggle with irregular supply through the health system.”
Moreover, he argued that scaling up access would provide immediate relief while the country builds the infrastructure, trains specialists and secures funding needed to support curative therapies in the future.
With an estimated 15,000 babies born with sickle cell disease annually in Ghana, Dr Osei Tutu cautioned that “failure to improve access to effective treatment will leave many patients vulnerable to preventable complications and early death.”
From Kingsley E. Hope, Kumasi
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Let’s reintroduce Cultural Studies to complement educational reforms — Tourism Minister

Madam Abla Dzifa Gomashie, the Minister of Tourism, Culture and Creative Arts, has emphasised the importance of reintroducing Cultural Studies in schools as part of Ghana’s broader educational reform agenda.
She said Cultural Studies would complement existing efforts to reposition Science, Technology, Engineering and Mathematics (STEM) and Technical Vocational Education and Training (TVET) to promote digital literacy and expand Creative Arts education.
Speaking at the 2025 Homowo Festival of the people of Ningo-Prampram, held on the theme: “Education: The Best Legacy for our Children,” Madam Gomashie said cultural education was critical to national identity and development.
She noted that the festival’s theme aligned with the Government’s vision to transform education in Ghana and encouraged the youth to embrace it not only as a means of personal development but also as a way of preserving traditional values.
These values, including patience, wisdom, and hard work, were at the core of the Homowo celebration, the Minister said.
“Cultural festivals like Homowo are vital instruments for strengthening cultural identity, preserving historical memory, and fostering national unity. Additionally, festivals serve as platforms for educating the youth through storytelling, music, dance, and other traditional practices, while also providing opportunities for community engagement.”
Madam Gomashie highlighted the strong foundation that Ghana’s tourism was built on, which included culture, traditions, and the creative industry, collectively contributing to over GH¢4.8 billion to the economy.
“Festivals give tourists reasons to visit our country. Therefore, with the right infrastructure and the development of all the domains, the sector can do more than what has been recorded,” she added.
Mr Sam Nartey George, the Member of Parliament for Ningo-Prampram and Minister of Communication, Digital Technology and Innovation, commended the community for their vibrant participation in the festival. He announced plans for the construction of a new nursing training school in Ningo, aimed at expanding access to healthcare education in the area.
Nene Osroagbo Djangmah XII, Paramount Chief of Great Ningo Traditional Area; King Dr Tackie Teiko Tsuru II, Ga Mantse; Nene Tetteh Wakah III, Paramount Chief of the Prampram Traditional Area; Prof. Odaifio Welentsi III, Paramount Chief of the Nungua Traditional Area; Naana Dugbakuwor Dugba II, Paramount Queen Mother of Great Ningo; and Mr. Elvis Afriyie Ankrah, Special Envoy on Religion and Inter-Faith Affairs, who represented the Chief of Staff, were among dignitaries at the festival. -GNA