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ICU tasks government to ensure adequate cushion for Ghanaian businesses

The Industrial and Commercial Workers’ Union, ICU, is calling on the government to ensure adequate support for Ghanaian businesses to enable them to speedily recover from the negative effects of the Covid-19 pandemic.

In a statement to mark this year’s celebration of Workers’ Day, the ICU said the pandemic brought in its wake the reduction of production capacities, shutdown of businesses, loss of jobs and livelihoods and salary slash among others.

ICU tasks government to ensure adequate cushion for Ghanaian businesses

It said there are still ripple effects of the pandemic on businesses that need to bounce back to support the economy.

The ICU said in line with this year’s May Day celebration which focuses on ‘protecting jobs and incomes in the era of Covid-19 pandemic and beyond’, the government must make efforts to protect businesses and jobs.

The ICU suggests that ”the government should recapitalize struggling businesses and also provide stimulus packages to resuscitate businesses that have had to shut down”.

According to the statement, this would, no doubt, ”enable workers to regain and protect their jobs and incomes which would in turn impact positively on the economic growth and development of the nation”, it said.

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