That though is not stopping struggling Liberian-owned businesses from reinventing the wheels just to stay afloat. But even amid the brave efforts many are making, enormous challenges remain and many are resorting to layoffs of staffers. Not a bad idea but Liberia and many countries appear unwilling to offer such relief for citizens during the pandemic. For now, businessman Modad is urging small businesses to reach out to bankers and creditors and appeal for forbearance or restructure. It should be the reminder of hope in desperate times but we are not feeling that and our bank accounts and small businesses are going through some of the toughest times we’ve seen in a while.”
Source: Front Page Africa April 06, 2020 08:26 UTC