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Pulse Business Wrap Microfinance Customers in Sunyani threaten govt. over locked-up investments

The customers have  threatened to vote against the NDC government if the flagstaff house does not intervene in the Issue.

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Microfinance Customers in Sunyani threaten govt. over locked-up investments

Disgruntled customers of DKM Microfinance companies in Sunyani in the Brong Ahafo region took to the street on Wednesday to stage a huge demonstration to demand the release of their investments. The customers have been agitating for the release of their investments after the Bank of Ghana released the frozen accounts of DKM Microfinance in October 2015. 

Meanwhile, the customers have  threatened to vote against the NDC government if the flagstaff house does not intervene in the Issue.

 

Organized labour fights for 50% salary increment

Elsewhere, Organised labour is asking for 50% salary increment to cushion workers against the recent fuel and utility tariffs.

The fuel increases were occasioned by the passage of theEnergy Sector Levy, 2015 by Parliament last December.

Their request has been necessitated by hikes  in Electricity and water tariffs to the tune of 59.2 per cent and 67.2 per cent respectively and an increase in the prices of  fuel by 27%.

 

Finally to our market updates for today starting from the currency market,

Currency          Buying                         Selling

Dollar                 3.79                             3. 90  

Pound Sterling    5.54                             5.55

Euro                    4.07                            4.40

 

To  the biggest gainers and losers on the Ghana Stock Exchange,

Aluworks Limited recorded the biggest gain for the day, gaining a Pesewa on its share price closing at 12p, whiles all other shares recorded no price change.

 

And that's a wrap for business for today. For more log on to the websie pulse.com.gh

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