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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

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    Plans are underway to complete a fertilizer, railway projects in Ghana – Afreximbank

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [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

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    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”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    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

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

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

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    President and Board Chairman of Afreximbank, Prof Benedict Oramah

    Plans are underway to complete a fertilizer, railway projects in Ghana – Afreximbank

    Free SHS and other programs must be redesigned now – Seth Terkper

    KGL Group hosts Nigeria Lottery Regulatory Commission CEO Mr. Lanre Gbajabiamila

    IMF team arrives in Accra on Wednesday to begin bailout talks with gov’t

    Fuel prices to go up as NPA announces restoration of UPPF margin

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

    Gov’t to commence talks with IMF for bailout

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

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [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

  • 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”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    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

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

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

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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Textile industry players adopt innovative means to reach customers amid COVID-19

byDziffa Ametam
November 9, 2020
in Economy, News, Top Stories
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The Ghanaian textile Industry is one of the critical areas in Ghana’s manufacturing sector despite its continuous struggle in recent years.

When the coronavirus pandemic hit Ghana hard in March this year, the government put in place a series of measures to contain the spread.

One of these measures was the ban on social gatherings. The ban came with a decline in demand for fabrics; as there were almost no social events which is one of the many reasons people purchase fabrics to sew new clothes.

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A fabric merchant, Marie-Rose Sakey, told Citi Business News she has not made any significant sales since March. 

“During the Lockdown, everybody was at home, they did not need to go out so demand for clothing and textile was practically non-existent. Especially for those of us who operate micro to small scale ventures. I had an order before the lockdown from the United States, but the customer told me to hold on. Even though I had all my materials and resources ready to go, I had to stop and I’m sure this delay will go into next year” Marie-Rose Sakey said.

There is no doubt that many fabric sellers, tailors, and other merchants in the textile ecosystem have had similar conversations with their customers and have had to drastically scale down their operations.

While these entrepreneurs struggle to adjust to working in an era of a pandemic, others within the same space have found innovative ways to keep their ventures alive. 

Mr. Victor Dosoo Ocansey, the CEO of Integrated Social Solution Center, who has been making Tie and Dye for over thirty years from the Art Center, told Citi Business News that although his shop is not in a location that is easily accessible to clients at the center, he is able to reach customers directly through social media. 

“Initially, we thought we would have faced challenges, we thought we were going to lose our market and our clients. We thought business was going to go down as business has gone down for some people. But, surprisingly, after the lift of the ban on social gatherings, we had clients who were glued to their gadgets and were interested in shopping online. This was an opportunity for us because people were looking for designs online and found us. Social media has helped us reach customers in countries such as the United States, Britain, and Europe,” Mr. Victor Dosoo Ocansey said. 

For vendors like Ocansey, the coronavirus pandemic has been a blessing in disguise. He was able to use social media to reach clients he would ordinarily not have access to from his small workshop at the art center. 

Keneth Anku, the CEO of Rose Fabrics, noticed that his mother who sells fabrics and her colleagues at the Makola Market in Accra were only limited to shoppers who could physically go to the busy market to shop and created Rosefabrics to enable them reach customers beyond the borders of Makola and Ghana.  

“Makola is very congested, and  our shop is not by the roadside. There were days I would go to the shop to help my mother; and I noticed that all the vendors were selling the same fabrics at the same price so customers just bought from the vendors by the streets instead of coming to find sellers like my mother whose shop was in some corner. I started brainstorming how my mother could get a competitive advantage and realized that going online was the solution” Keneth Anku said. 

Though the fabric industry has struggled over the years and continues to face challenges, these innovators prove that there are opportunities within the challenges if people are able to leverage technology to get access to markets beyond their immediate environment. 

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We did no wrong in sale of 260 metric tonnes of slop oil – TOR

byMichael Ogbodu

Management of the Tema Oil Refinery (TOR) has refuted claims of wrongdoing in a recent sale of about 260,000 tonnes...

Read more
President and Board Chairman of Afreximbank, Prof Benedict Oramah

Plans are underway to complete a fertilizer, railway projects in Ghana – Afreximbank

Free SHS and other programs must be redesigned now – Seth Terkper

KGL Group hosts Nigeria Lottery Regulatory Commission CEO Mr. Lanre Gbajabiamila

IMF team arrives in Accra on Wednesday to begin bailout talks with gov’t

Fuel prices to go up as NPA announces restoration of UPPF margin

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

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