Vision1 FM                       Light FM                         Light TV

ASEMPA BUDGET wasn't at the best for business growth - Labour Union

Labour union of the Ghana Federation and other unions have lament on the living conditions in the country despite the excitement that  announced the 2018 budget nicknamed as ‘Asempa budget’ by the government.

“This year has not been too good despite the Asempa budget. This year things are bad and we must say it as it is . The cost of doing business in this country is very high. Looking at what is happening in this country, if God does not descend, these politicians will kill us. “We have been promised one district, one factory among others. Where are the factories? I can’t see any factory anywhere,” general secretary of the Federation of Labour Abraham Koomson told Francis Abban on the Morning Starr ahead of Thursday’s, 15ths November 2018 budget presentation by the Finance minister.

On their part, the Food and Beverages association says the economy has been unfriendly to business despite the economic boom rhetoric by the government. “This year has been very rough. Certain policies were introduced and it affected us more. The 3% flat rate that was introduced affected our businesses largely. Government has introduced additional policies and this is forcing us to increase prices of our goods. When we increase prices, we are affected as it takes us out of competition.

We are at a loss as to whether the new policies introduced by government are promoting businesses or collapsing them. As a Ghanaian, I will like the Finance Minister to touch on strategies that will ensure prices of goods are services decrease” general secretary of the association Samuel Ato Aggrey said. He revealed however that government intervened to stop some planned layoffs in the sector.

More Lifestyle..

GHc51m retrieve by EOCO for GRA. GHc51m retrieve by EOCO for GRA. 2018-12-13 - The Economic and Organized Crime Office (EOCO) says it, has recovered...
Banks to be merge due to late requirement Banks to be merge due to late requirement 2018-12-12 - Within less than two weeks left to deadline set by the Bank of...
Asante Kotoko leave for Ethiopia today Asante Kotoko leave for Ethiopia today 2018-12-11 - Asante Kotoko will fly out to Ethiopia en route to Kenya today...
Under 1D1F 79 factories have been implemented so far – Akufo-Addo Under 1D1F 79 factories have been implemented so far  – Akufo-Addo 2018-12-10 - President Nana Akufo-Addo has communicate happiness about the...
Takoradi port terminal project begins in 2019 Takoradi port terminal project begins in 2019 2018-12-04 - IBISTEK Limited will in January, 2019 commence work on the development...