Business

Ban on social gatherings affecting our business – Kasapreko MD

Managing Director of Kasapreko Company Limited, Richard Adjei has said the ban on some public gatherings in the country is affecting their business.

According to him, the company is surviving due to a strategy it adopted, thanks to the high demand for hand sanitizers, but the business has not been the same.

“So it’s not been all rosy for us. We have an issue where, in terms of the restrictions, people are not going out to events, so certainly that will have an effect on our sales.”

Although he believes people will still drink at home, “it’s not as much as they go to events.”

President Akufo-Addo in his 23rd address to the nation on measures government is taking to curb the spread of the novel coronavirus, placed a ban on events that promote social gathering.

“Until further notice, funerals, weddings, concerts, theatrical performances, and parties are banned. Private burials, with no more than 25 people, can take place, with the enforcement of the social distancing, hygiene and mask-wearing protocols.”

Speaking on the Business Edition of PM:Express Thursday, Mr Adjei said although business had not been all smooth, “I will say that it’s been both good and bad.”

Venturing into the production of sanitisers, he said, was to help support the business as well as the Ghanaian populace.

“At the time there were no sanitisers, people were selling sanitisers at a very ridiculous price,” he said.

The Managing Director, therefore, advised that businesses and workers look beyond challenges and adopt creative means of sustaining businesses amid Covid-19.

“We had the issue when the lock-down was at a stage where nobody is going out.”

Mr Adjei, however, hopes that things will ease up as businesses are still facing difficulties importing raw materials into the country due to the lockdown in other countries.

“Right now logistics is a big challenge for us, trying to get the raw material from Europe, Asia and America are really having an effect on the business due to the pandemic,” he added.

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