
Audio By Carbonatix
About 85,000 businesses in Ghana are still closed down due to the Coronavirus Pandemic.
This was featured in the Covid-19 Rapid Surveys Business Tracker Highlights by the Ghana Statistical Service.
In all 115,000 businesses have either permanently or temporarily closed down across the country.
The tracker also reveals that more than 45,000 workers lost their jobs during the partial lockdown - with those in the Accommodation and food sector badly hit.
So, more than half a million workers had their wages reduced.
Despite some respite granted businesses by government with the ¢600 million stimulus package, close to 131,000 businesses revealed they still had challenges accessing finance with over 60 per cent calling for subsidised interest rates.
The sample for the research were extracted from the Ghana Business Register, Non-farm establishments from Ghana Living Standards Survey and National Board for SMALL Scale Industries.
Data was collected between May 26 to June 17, 2020, with a targeted sample size of 4,248 businesses.
Latest Stories
-
Cabinet approves $300m World Bank-funded Free SHS project, parliament set to consider deal – Haruna Iddrisu
13 seconds -
Gov’t identifies 150 second-cycle institutions for rehabilitation to strengthen Free SHS
2 minutes -
NPP accuses Mahama government of selective prosecution after Wontumi conviction
4 minutes -
COMAC calls for removal of ‘nuisance’ LPG taxes as prices set to rise
8 minutes -
Emergency Meeting or Emergency Memory Loss?
9 minutes -
Full judgement: Why Chairman Wontumi was sentenced to 20 years in prison
18 minutes -
Wontumi conviction based on assumptions, not proof beyond reasonable doubt – NPP
43 minutes -
GHAMRO to pay highest digital royalties ever
47 minutes -
Explaining the Zeepay saga (Part 1)
50 minutes -
Notorious drug cartel leader Ismael Zambada sentenced to life in US prison
53 minutes -
Police block thousands of ‘cockroach’ protesters marching on India’s parliament
53 minutes -
West Africa signs off $25bn mega gas-pipeline plan
54 minutes -
NPP accuses government of using Wontumi conviction to divert attention from national challenges
1 hour -
‘This is no trophy’ – Justin Kodua says Wontumi conviction shouldn’t be celebrated as political victory
1 hour -
Wontumi doesn’t deserve this – Leading NPP members outraged over 20-year galamsey sentence
1 hour