Audio By Carbonatix
Reducing the number of employees in the current economic environment to control the negative impact of the coronavirus is not a wise decision for business owners.
This is an assertion by the National Project Co-ordinator for Sustaining Competitive and Responsible Enterprises under the International Labour Organisation, Samuel Onoma Asiedu.
According to him, the labour force is critical in growing enterprises, thereby strengthening the economy.
Speaking to Joy Business after a workshop on sustaining the ILO SMEs agenda in Accra, Samuel Onoma Asiedu, said there has been a devastating effect of the global pandemic on employment and a further move by employers to lay off staff could be at a cost.
“We think the programme has helped us to transform many businesses and it is more important than we continue” he noted.
On his part, Chief Executive of the Sekondi Takoradi Chamber of Commerce and Industries, STCCI, Vincent Annan has bemoaned the effect of the pandemic on the sector in the Western region and its environs.
According to him, the travel restrictions have affected operations that depend on supply of goods to many of the multinational giants in the region.
The workshop was expected to afford partners of the Sustaining Competitive and Responsible Enterprises (SCORE) team opportunity to assess the impact of its support programme to the manufacturing sector and micro businesses.
Latest Stories
-
GOLDBOD CEO explains ‘Clear Typo’ in Foreign Reserves claim
24 minutes -
Trump says US military struck ISIS terrorists in Nigeria
52 minutes -
Civil society group calls on the Bank of Ghana to suspend planned normalisation of non-interest banking
3 hours -
Jingle bills: Arkansas Powerball player strikes $1.8bn jackpot on Christmas Eve
3 hours -
Brazil ex-President Jair Bolsonaro’s surgery for hernia ‘successful’
3 hours -
Ghana and Afreximbank announce successful resolution of $750 million facility
6 hours -
IGP inaugurates Ghana Police Music Academy
7 hours -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
7 hours -
Constitution review was inclusive, structured and effective – Prof Prempeh
7 hours -
Public urged to remain vigilant to ensure fire incident-free Christmas
7 hours -
Why the fight against neglected tropical diseases is far from over
7 hours -
Reported losses from gold operations in 2025 remain speculative – BoG
7 hours -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
8 hours -
Amaarae returns to Accra for homecoming concert
8 hours -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
8 hours
