New report shows 50% of American businesses in Ghana are affected by COVID-19
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New report shows 50% of American businesses in Ghana are affected by COVID-19

- A recent survey has revealed that about half of American businesses in Ghana have been affected by the coronavirus

- American Chamber of Commerce-Ghana (AmCham) has nonetheless called on its members to provide any form of support they can to the government

- The companies captured under the survey were sampled from the manufacturing, oil and gas, transport and education industries

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The American Chamber of Commerce-Ghana (AmCham) has revealed that the outbreak of the COVID-19 has negatively affected its members.

The Chamber explained at about 50% of its members are at risk of losing business due to the outbreak of the virus.

It has, however, called on its members to continue supporting the government with financial, logistical and technological resources to help deal with the pandemic.

New report shows 50% of American businesses in Ghana are affected by COVID-19

USA Ambassador to Ghana, Stephanie Sullivan Source: Pulse.com.gh
Source: UGC

READ ALSO: Ghanaian farmers and others warn of possible food challenges after COVID-19

The Chamber explained that it conducted a survey to assess the impact of the outbreak of COVID-19 and highlight potential outcomes for American businesses operating in the country.

Per a report by citibusinessnews.com, the review covered a wide range of industries including manufacturing, oil and gas, transport and education.

It was discovered that only 35 percent of businesses had plans in place to preserve business continuity and build enterprise resilience during the pandemic.

The Chamber’s Executive Secretary, Simon Madjie added that 85% of the businesses are likely to experience a disruption in their supply chain if there continues to be a restriction on movements in Ghana.

In other news, a Ghanaian entrepreneur, Freda Obeng-Ampofo, has opened up about the challenges businesses face in the wake of the spread of the coronavirus.

Interacting with CNN’s International Anchor, Richard Quest, she indicated that her employees are the biggest assets.

Obeng-Ampofo, who owns Kaeme, a cosmetics company, went on to say that it is necessary to implement measures to ensure that they are alright, even in times of crisis.

According to her, even though about 95% of her business is no more due to the economic effects of the coronavirus, measures have been adopted to ensure that they continue working.

READ ALSO: COVID-19: Local businesses to begin producing facemasks and others - Akufo-Addo

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