“Anytime it rains, this market becomes flooded and it is affecting business activities in the market.
“Sometimes, we have to wait for 2 hours before we can open our shops after a heavy downpour. The contractor and the KMA have failed to address our grievances,” some traders are quoted to have said. The chairman of the Kumasi Petty Traders Association Nana Akwasi Prempeh blamed the problem on the contractor of the market, adding that the leadership of his association would meet to determine the way forward after assessing the extent of the damage. The Kejetia market was not the only place that got flooded after the short period of rain within the Kumasi Central Business District. Reports say Adum, Roman Hill, Pampaso and Alaba also had their share of the flooding.
11 March 2021 | 08:57am
StockMarketWire.com - Rolls Royce has said its performance in 2020 has been significantly affected by the COVID-19 pandemic as it reports a fall in revenue to £11.8 billion.
The underlying revenue of £11.8 billion reflected lower activity and included a £1.1 billion revenue impact from Civil Aerospace LTSA contract accounting catch-ups.
The underlying operating loss of £2 billion included £1.3bn of one-off charges largely due to COVID-19 comprising charges for LTSA catch-ups, contracts that have become loss-making in the year and customer provisions.
In a statement, the company said: In May 2020 we launched a major restructuring programme to fundamentally re-size the cost base and capital requirements of our Civil Aerospace business. In total we expect the restructuring to lead to the reduction of at least 9,000 roles by the end of 2022, most of which are in Civil Aerospace.
By BFN News | 08:57 AM | Thursday 11 March, 2021 Rolls Royce has said its performance in 2020 has been significantly affected by the COVID-19 pandemic as it reports a fall in revenue to £11.8 billion.
The underlying revenue of £11.8 billion reflected lower activity and included a £1.1 billion revenue impact from Civil Aerospace LTSA contract accounting catch-ups.
The underlying operating loss of £2 billion included £1.3bn of one-off charges largely due to COVID-19 comprising charges for LTSA catch-ups, contracts that have become loss-making in the year and customer provisions.
In a statement, the company said: In May 2020 we launched a major restructuring programme to fundamentally re-size the cost base and capital requirements of our Civil Aerospace business. In total we expect the restructuring to lead to the reduction of at least 9,000 roles by the end of 2022, most of which are in Civil Aerospace.
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