Home Politics 16,000 agribusinesses still not operational post-coronavirus lockdown

16,000 agribusinesses still not operational post-coronavirus lockdown


About 42,396 agribusiness firms were closed during the lockdownAbout 42,396 agribusiness firms were closed during the lockdown

• GSS has assessed the impact of COVID-19 on agribusinesses in Ghana

• 16,091 agribusinesses remain closed after lockdown

• About 42,396 agribusiness firms were closed during the lockdown

An estimated 16,091 agribusinesses closed due to the lockdown still remain closed post lockdown, the Ghana Statistical Service has revealed.

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However, about 42,396 agribusiness firms were closed during the lockdown.

This information was contained in GSS’s latest survey which assessed the impact of COVID-19 on agribusinesses in Ghana.

Agribusiness firms in the service and industry sectors were most affected by the lockdown, considering firms that were closed as a result of the lockdown.

Subsequently, during the post lockdown periods, agribusiness firms in the service sector experienced faster recovery with the most reopened firms.

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Thus, while closed down agribusiness firms in the service sector reduced by 11 percentage points between the lockdown period and post-lock down period, barely about 7 percent of agribusiness firms in each of the other sectors (industry and agriculture sectors) opened after been closed due to lockdown.

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Before Ghana’s partial lockdown which was from Sept.2019 – Feb.2020, 9.1 percent of agribusinesses were reportedly closed.

Agribusinesses play a critical role in the growth and development transitions of a developing country like Ghana.

Typically, these comprise business activities that contribute to the food security and nutrition of the population.

Below is the full report;

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