Joy Business News Multimedia Ghana
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- Business
News from the world of business.
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Cedi Stability
The stabilisation of the Ghana cedi against the major foreign currencies is expected to continue this week, following a slowdown in foreign exchange demand.t gained 1.01% against the US dollar, narrowing its year-to-date loss to 18.01%. Again, the cedi retrieved 2.36% week-on-week and 3.12% week-on-week of its losses against the pound and the euro, respectively.
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Ghana's Debt
Government to sign an agreement with bilateral creditors on debt restructuring next week. All bilateral creditors are in agreement with the final changes made to the memorandum of understanding which was submitted to the finance minister.
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World Environment Day
Harmful Effects of smoke emanating on vehicles on our highways.
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Pension Contributions
Government Finally settles 2 billion cedis in pension contributions.
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Power Crises
Dumsor brought untold hardship to most people in the Gt. Accra region – IEA Survey. The survey shows that about 70.7% of businesses and 61.5% of households reported that power outages have had major or severe effects on their business activities.
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Electricity and Water Tariff
Businesses and manufacturers warn that they will have no other option but to pass on any increase in utility tariffs to consumers following the over 5% increment in water and electricity tariff.