This is the biggest one yet but we’ll beat it, says Bidco boss on pandemicDr. Vimal Shah Chaiman Bidco Group of Companies. He says only the resilient companies will survive the coronavirus pandemic by innovatively re-engineering their operations to fit in with the new way of doing business. SEE ALSO: Bidco joins Covid-19 fight with Sh35m donationFor some companies, this has involved instituting mass lay-offs and hefty pay cuts but Bidco has yet to effect such drastic measures. But amid the optimism and stories of philanthropy, manufacturers such as Bidco are also feeling the effects of the pandemic. Shah, however, reckons most small and medium enterprises (SMEs) might come out of this pandemic weaker or fade out altogether.

Source: Standard Digital April 28, 2020 05:37 UTC