Business News of Wednesday, 6 May 2020Source: goldstreetbusiness.comCoronavirus: Government decides against new lockdownThis means business enterprises and households can go ahead with their economic plansPlans under consideration by government to renew the lockdown of Ghana’s largest cities, which are also the epi-centres of the ongoing coronavirus pandemic have been completely shelved for now, Goldstreet Business can confirm. The decision by government not to consider a new lockdown, for now, results from a combination of domestic socio-economic considerations and global trends. From the domestic point of view, the economic and accompanying political factors that led to the lifting of the erstwhile lockdown on Accra, Tema. The decision not to re-impose a lockdown should be reassuring, allowing economic actors to go ahead with their plans. The rationale behind this idea is that it would allow core economic activity to continue – that carried out during normal working hours – but would curb purely social activities, done after working hours, and which presents the highest risk of further spreading the infections.

Source: GhanaWeb May 06, 2020 18:41 UTC