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Businesses must brace themselves for the possible take-overs ­-– Rev. Okosun

Integrity Magazine, a subsidiary of Krif Ghana Limited, has held the maiden edition of a series of webinars aimed at promoting good corporate governance amidst the COVID-19 pandemic.

Themed “Effects of COVID-19 on Good Corporate Governance in Ghana”, which was held on Tuesday in Accra, it served as a platform for businesses to discuss the next strategic steps to take in order to sail through the coronavirus crisis with minimal losses.

Speaking on the effects of the pandemic on companies, Rev. Kennedy Okosun, Executive Chairman of Krif Ghana Limited and Publisher of the Integrity Magazine, said many organisations would “have to brace themselves for the possibility of take-overs”.

According to him, “there might be critical unanswered questions rummaging through the minds of many as we move into a period of a new normal.

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“Our culture, corporate behaviour and organisational output are going to be affected, whether we like it or not. Organisations will never go back to doing business as usual, or doing business the way they knew how,” he said.

Rev. Okosun noted that businesses must be ready to embrace the positive or negative changes which may occur after the pandemic, adding that businesses would also have to make far “reaching decisions regarding liquidity and capital considerations”.

He argued that the COVID-19 era was also testing the leadership and management structures of organizations, hence the need for businesses to identify gaps and then strengthen the areas where they may be falling short.

Mr Michael Osikoya, the Chief Executive Officer of Mikensy Consulting Limited, examining the effects of COVID-19 on various stakeholders, also said, “Just as we are recording human fatality, we may not be able to account for the number of businesses that suffer similar ‘fatality’ from the hands of COVID -19.”

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He noted that though the pharmaceutical industry was believed to have benefited from the crisis, industries including tourism and leisure, aviation and maritime, automotive, construction, real estate and manufacturing, were hard-hit by the pandemic.

“Government has been affected adversely by this virus because it has had to provide various stimulus packages and dole out free cash to support various stakeholders, interest groups, businesses and citizens.

“Hard decisions had to be taken, government has lost income from taxes and has resorted to borrowing as part of measures to bring the economy back on track,” he added.

For the solutions, Mr Osikoya suggested that business, leaders and stakeholders should enter into a “restart” mode to come out of the challenges the virus has imposed on them.

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He said that all the various stakeholders in business such as the shareholders, employees, customers and others must forfeit certain benefits to bring back businesses on track.

The webinar brought together leaders from various organisations in the corporate environment in Ghana.

By Spectator Reporter

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 Intake of ‘Gobe’ can prevent heart diseases —Nutritionists

Gari and beans is good for the heart
Gari and beans is good for the heart

Nutritionists have advised Ghanaians to eat more beans-based meals, including the popular local dish, gari and beans, also known as ‘Gobe’ to prevent heart diseases. They said incidenc­es of obesity and cancer could be minimised with the regular intake of beans meals.

At a programme in Accra to mark the World Pulses ( Beans) Day on Monday, Mr Wise Chukudi Letsa, Nu­tritionist and Dietician, who spoke on the topic: ‘Beans: The Super Food for Healthy Living and Healthy Farmlands,’ admonished Ghanaians to include beans in their diets.

Mr Letsa said beans was rich in protein, fibre, vitamins, miner­als, irons and other nutrients and contained just a little fat. Mr Letsa, a Nutritionist with Lets Consult, stated that the presence of those nutrients in beans explained why its intake could prevent heart diseases and other ailments, hence the need to consume it regularly.

The event, dubbed: ‘Meatless Monday’ was organised by the Com­munications Initiative for Change (CIC), a Ghanaian non-profit organ­isation.

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The ‘Meatless Monday’ is an initiative aimed at encouraging Ghanaians to reduce their intake of meat by taking in more beans-based meals on every Monday of a week.

It was launched after the United Nations in 2019, set aside Febru­ary 10 to celebrate and encourage the consumption of pulses (beans) worldwide. This year’s celebration was hinged on the theme: ‘Bringing Diversity to Agrifood Systems.’

Mr Peter Agbovi, National Secre­tary, Chefs Association of Ghana, said a variety of meals could be prepared with beans, which include Waakye (rice and beans), Kose (beans paste made into cakes), Ayikple, Aboboi, Tuo Zaafi, Akyeke, and kakro.

He encouraged Ghanaians to con­sume more of those foods to stay healthy.

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Mr Emmanuel Fiagbey, the Ex­ecutive Director, CIC, indicated that even if people could not eat beans-based meals regularly, efforts should be made to consume them every Monday.

He said that was the essence of the introduction of the ‘Meatless Monday’ initiative. -GNA

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 Restore beauty of Kwame Nkrumah Circle area / State of Kwame Nkrumah Circle an eyesore!

A homeless man sleeping in the sand close to the removed blocks
A homeless man sleeping in the sand close to the removed blocks

Small size quarry stones fixed at open spac­es under the Kwame Nkrumah Circle Interchange was to leave the place open and free from activities of beggars and other activities of the homeless.

By the way the stones were fixed, it makes the area, particularly the VIP and Neoplan Station stretch of the Interchange, inhabit­able by the destitute.

But a walk through the area currently suggest the opposite.

At the median where pavement blocks have been taken over by these home­less and destitute, the area has been turned into a hotel where a number of these unfortunate ones have com­fortably laid their mattress­es and other stuff to rest from the day’s activities.

They have crossed over to the SSNIT and Kaneshie Station area with their activ­ities and have removed the quarry stones which were to ward them off the place to enable them find spaces to sleep comfortably.

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The pavement blocks re­moved from different loca­tions under the interchange now serves as foundations on which beds were laid and in some cases, mosquito nets erected.

Their continued pres­ence is not only creating a nuisance for commuters but marring the beauty and serenity of the place.

Sadly, the activities of these deprived fellows have been ignored while the numbers keep increasing day by day.

The Spectator finds the development very worrying and calls on the responsible authorities to clear the area to restore the beauty and serenity of the area.

 By Victor A. Buxton

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