Mukesh Thakwani

Mukesh Thakwani, the Chief Executive Officer of steel manufacturing company, B5 Plus Limited has expressed worry about the continuous fall of the Ghanaian cedi against other major foreign currencies. The Ghana cedi continued its free fall, losing value twice within a day to sell at ¢14.50 to one US dollar. This translated to 5.45% depreciation in a day and 17.5% in four days of the week. And according to Mukesh Thakwani, the rapid depreciation of the Ghanaian cedi is seriously affecting businesses in the country especially the manufacturing sector. “We are currently in difficult times and we have no option…

The founder of a steel manufacturing company -B5 Plus Limited, Mukesh Thakwani has said Ghana is the best destination for doing business in West Africa. According to the astute Indian businessman, even though Ghana is a perfect location in doing business, the sudden fall of the Ghanaian cedi is affecting businesses greatly, especially the manufacturing sector. He believes the rapid fall of the Ghanaian cedi against other major foreign currencies can kick investors out of the country which could affect the country’s economy. In an interview, the multiple award-winning business leaders pleaded with the government to as soon as possible…