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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

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    GHASALC laments drop on number of digital transactions following e-levy

    Italy’s top producers of agro-tech products explore opportunities in Ghana

    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

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    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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Traders cash in on Veronica buckets as demand goes up due to COVID-19

March 25, 2020
in Business, Top Stories
A woman buying a Veronica Bucket in Kumasi.

A woman buying a Veronica Bucket in Kumasi.

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The coronavirus undoubtedly threatens the survival of many businesses globally.

But it is also a time some businesses are cashing-in. For instance, those producing hand sanitizers, liquid soaps, face masks, wipes and gloves are making huge gains due to a high demand for these products that serve as protective gears against the disease.

At Kumasi in the Ashanti Region, there’s a rush by people for Veronica buckets which are mostly used for hand-washing.

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Veronica Buckets, comprising of a bucket and a basin on top of a wooden stand, are placed outside many public places for quick and easy sanitation.

This one-stop-shop of soap and running water, accessible to people at various public places, is a vital and simple step in saving lives. In times of a pandemic like the coronavirus, they’re very useful in countries like Ghana where the taps do not flow constantly, and are not in every home or public space.

Checks by Citi Business News at some vending points within the Ashanti regional capital showed that more people; both individuals and institutions, continue to purchase the plastic containers. One of the sellers, Faisal Razak, confirmed that market has been good in these past few days.

“Due to the coronavirus, we started making something extraordinary in such a way that they can pull water through the tap in a very simple way. We have different sizes. A veronica bucket that takes 100 liters cost GHS85:00, and we have 80 liters for GHS80:00, and we have different sizes. Depending on the size we add the tap to it for you and charge you a normal price. Today for instance I have sold 300 of the buckets. The demand is going very well, they’re really patronizing, and we want everyone to have some prevent the disease.”

Another seller, Henry Amankwah, confirmed to Citi Business News that patronage has increased.

“At first, people didn’t buy more of these buckets, but since they announced the measures for protection, business is really going well. I have GHS60:00, GHS65:00 and GHS75:00 cedis with the tap fixed on them”.

Some workers were seen busily fixing the taps on the plastic containers to meet the rise in demand.

As the public is highly encouraged to frequently wash their hands, most homes, offices and other public places have the Veronica Buckets placed at vantage points to ensure that people adhere to the directive.

Some buyers complained about the prices of the buckets, but said they had no option than to purchase them.

“I bought the bucket because we are washing our hands with soap and clean running water. I bought mine for GHS40, although I wish they sell it at GHS30:00 so that more people can buy it.”

Another buyer said “I came to buy this container because of the sickness. At first it used to be GHS30:00 but now they are selling it at GHS30:00”.

“The price is manageable; I bought mine for GHS30:00 because I manage a public toilet facility and people need to use their hands” another buyer said.

But one of the vendors, Faisal Razak vendor, says the prices of the buckets are reasonable and fair.

“Some are complaining about the price; but we’ve been explaining to them that we’re using quality products. After buying the buckets and the taps, I have also engaged people who fix them for me and I pay them, so in the end I make just little profit. We’re pricing it in such a way that everyone can buy some” he noted.

Source: Hafiz Tijani|citibusinessnews.com|Ghana
Tags: coronavirus pandemic in GhanaVeronica buckets
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