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Businesses want cedi stability in Ghana

Ghana businesses

Ghana businesses

Businesses in Ghana want gov’t to concentrate on stabilizing the Ghana cedi and reducing cost of borrowing to improve Business Confidence in the Economy.

Their recommendation follows uncertainty by the Seth Tekper’s, claims that the economy is growing up.

The Association of Ghana Industries (AGI) has said business confidence dipped suggestively in the last quarter of 2015.

Media checks also show that some Foreign Investors are still sitting on the fence because of concerns with economy.

AGI Chief Executive, Seth Twum Akwaboah said on media that there are still a lot more that government can do to bring about the required confidence in the economy.

The AGI boss said we see some semblance of depreciation early 2016 and if we are able to keep it that way it will be great.

Speaking on the same media program, Economist Dr Godfred Bokpin, said it might take some time before some of the achievements that government is talking about drop down to the micro level.

However he adds that government should not see the improvement in the economy as an end to the current challenges facing the businesses and economy.

Mike Cobblah, the Executive Director of investment consulting firm, C-nergy Ghana, also believes foreign investors are e still sitting on the fence because they want to see the results of government’s policy interventions before they make a move.

The post Businesses want Cedi Stability in Ghana appeared first on Ghana Live TV.



This post first appeared on Watch Gtv Ghana, Adom TV, Tune Ghana Radio GhanaLi, please read the originial post: here

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