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    We need IMF bailout in March or economy will crash – Ofori-Atta to pensioners

    Idris Elba adds Ghana to the list of African countries he wants to partner with

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    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

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    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

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    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

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    Nigeria’s national debt hits an all time as the country struggles with repayment

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    Nigeria set to stop importation of refined oil and refine its own oil by 2023

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Accra floods bury offices along Graphic road

bycitibusinessnews
June 4, 2015
in Business, Local Economy, Top Stories
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Scores of companies along the Graphic road have almost and in some cases been submerged by floods that hit Accra this morning June 4th, 2015.

accra flood (8)The torrential rains which started on Monday 1st June, 2015 has already claimed the lives of several people and destroyed properties worth millions of cedis.

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accra flood (24)The Graphic road, which is home to a number of automobile companies and other firms almost every year experiences the brunt of flood waters gushing through their offices.

Citi Business News’s Norvan Acquah Hayford who visited the area this morning reported that the story is no different this year.

accra flood (9)Companies that were affected by Thursday’s floods include Pepsi, Rana motors Toyota, inesfly, GHOne, Zenith bank and Hassanco enterprise.

accra flood (13)According to Board chairman of Inesfly Hayssam Fakry, whose premises has been taken over by the floods authorities must distill the odor river to avert the situation.

accra flood (31)“it has been a disaster this time around, this is the first time we have all of our factory and offices flooded. I have experienced this kind of flood at least three or five times already and I can tell you that the problem has to do with the odor river which city authorities have failed to distill of dirt. The authority must ensure that gutters in our cities are clean to ensure that water can flow. The authorities know what to do and the odor river must cleaned otherwise it will happen again. People are dying and we know what to do.”

accra flood (19)In 2011 the automobile industry alone in Ghana posted an estimated loss of over GH¢50 million due to floods that hit Accra and other parts of the country at the time.

–

By: Vivian Kai Lokko/citifmonline.com/Ghana

 

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