
Fire emerges as businesses’ biggest risk, traders willing to pay GH¢25 weekly for insurance
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21st August 2023 9:12:58 AM
1 min readBy: Chris Kodo

The closure of the Niger border due to the ongoing coup in the West African nation has led to significant losses for onion traders, who are witnessing multiple bags of onions spoiling, causing financial setbacks.
From the start of the turmoil, onion traders, especially in the Ashanti region, who rely on imports from Niger, have encountered considerable financial setbacks due to the extended duration it takes for the goods to reach Ghana.
In an earlier report, the traders noted that they had to sell a bag of onions which originally costs GH¢1300 for GH¢100 because they had gone bad upon their arrival in Ghana.
The latest video on the development has shown several bags of onions going bad as traders are unable to transport the commodity to their intended destinations.
Commentary being run on the video which was shared by GHOne on Instagram revealed that the truck drivers have been left to their fate as the borders remained closed.
The male voice running the commentary in Twi could be heard saying: “Because of wicked African mindset, they will not open the borders for their fellow African to pass. God must help us. All these bags of onion are going to waste.”
On the other hand, some traders have noted that they have lost almost GH¢500,000 due to the phenomenon.
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