{"id":15896,"date":"2020-06-26T23:34:48","date_gmt":"2020-06-26T23:34:48","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=15896"},"modified":"2020-06-26T23:34:50","modified_gmt":"2020-06-26T23:34:50","slug":"ghanaian-businessman-daniel-mckorley-says-he-loses-over-4-million-monthly-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=15896","title":{"rendered":"Ghanaian businessman, Daniel McKorley says he loses over $4 million monthly due to COVID-19"},"content":{"rendered":"\n<p><strong>The Chief Executive Officer (CEO) of the McDan Group, Daniel McKorley, has disclosed that his business loses over $4million each month due to the COVID-19 pandemic.<\/strong><\/p>\n\n\n\n<p>The businessman who is into logistics and airline business amongst others told Accra-based Joy News that he believes his firm is one of the hardest hit due to the pandemic.<\/p>\n\n\n\n<p>\u201cMy business has been hard hit. You know I am in the logistics, airline business amongst others. No aircraft is flying in terms of passenger, cargo. It is only the vessels that are moving. I am losing over 3 or 4 million dollars every month.\u201d<\/p>\n\n\n\n<p>The COVID-19 pandemic has affected all aspects of the economy in Ghana and the world at large.<\/p>\n\n\n\n<p>Mr Mckorley said that even though these are hard times businesses need to re-engineer themselves to survive.<\/p>\n\n\n\n<p>\u201cI am managing and you can see how the world is reacting to COVID-19. Now, we all have to take a step back and re-think our businesses, have a new focus, and be more inward in thinking,\u201d he explained.<\/p>\n\n\n\n<p>To mitigate the effect of COVID-19 on businesses and households, the governments of Ghana has put in place various fiscal measures.<\/p>\n\n\n\n<p>One of such is the Coronavirus Alleviation Programme (CAP) to reduce the effect of the pandemic on medium and small scale enterprises.<\/p>\n\n\n\n<p>On Tuesday (May 19, 2020), President Akufo-Addo launched a GHC1 billion stimulus package to be benefitted by (MSMEs) in the country.<\/p>\n\n\n\n<p>In Ghana, Micro, Small, and Medium Enterprises (MSMEs) account for 92% of businesses and contribute to about 70% of Gross Domestic Product (ISSER, University of Ghana, 2015).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chief Executive Officer (CEO) of the McDan Group, Daniel McKorley, has disclosed that his business loses over $4million each month due to the COVID-19 pandemic. The businessman who is into logistics and airline business amongst others told Accra-based Joy News that he believes his firm is one of the hardest hit due to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-15896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghanaian businessman, Daniel McKorley says he loses over $4 million monthly due to COVID-19 - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=15896\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghanaian businessman, Daniel McKorley says he loses over $4 million monthly due to COVID-19 - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"The Chief Executive Officer (CEO) of the McDan Group, Daniel McKorley, has disclosed that his business loses over $4million each month due to the COVID-19 pandemic. 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