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Business News of Saturday, 4 June 2016

Source: citifmonline.com

June 3rd disaster: Businesses poorly protected from recurrence

Businesses that were affected by last year’s June 3rd flood and fire disasters appear to have done little to protect themselves against any possible disaster that may recur.

A visit by Citi Business News’ Norvan Acquah-Hayford to some of the affected business sites (from the Kwame Nkrumah Circle through to the Graphic Road) a year after the incident, showed that there has not been any significant change regarding the preparedness of the companies in the event of another disaster.

Even though the Accra Metropolitan Assembly is desilting the Odaw River, their inability to completely dispose of the waste materials collected, continue to pose a threat to the businesses located within the surrounding areas.

However some companies are putting up measures to relocate so as to avert another loss should a similar disaster recur.