Topic: electricity relief
Businesses fight to keep the lights on as costs rise
Low unemployment and a post-COVID recovery suggest a rosy picture for Cayman’s business community. But rising costs – particularly for shipping, electricity and labour – have wiped out profit margins and stunted the economic comeback.
No change to pension holiday, electricity programme end dates
Premier Wayne Panton has said the planned September end for the pension holiday and the electricity cost relief programme will remain as of now, but government will keep both initiatives "under review".
