Thursday, February 25African Business News
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Tag: Businesses

COVID-19: Firms Urged to Protect Employees’ Interest

COVID-19: Firms Urged to Protect Employees’ Interest

Business
Organisations have been advised to strike a delicate balance by ensuring long term interests of employees, alongside other stakeholder groups are taken into consideration, despite the economic damage caused by the COVID-19 pandemic. According to a report, this is the time for firms to demonstrate that they care about the welfare of staff. It pointed out that in the midst of the uncertainty created by the pandemic, some firms have taken the bold decision to publicly declare that no member of staff would be negatively impacted by the prevailing pandemic. It disclosed that one such firm was Philip Morris International that had promised employment security, financial stability and special recognition to its staff. The firm argued that support to staff was an integral part of its e...
COVID-19: Terminal Operators Want Ports to Remain Open

COVID-19: Terminal Operators Want Ports to Remain Open

Business
Terminal operators at the nation’s seaports have stressed the need for the nation’s ports to remain open at all times while the federal and state governments battle to contain the spread of the COVID-19 pandemic. The Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Vicky Haastrup, who stated this in a statement explained: “As we face the global public health crisis birthed by the Coronavirus disease, otherwise known as COVID-19, we advise government to ensure that the supply chain is not disrupted and the seaports keep running. “Even if other sectors of the economy are shut down to guard against the spread of the virus, the seaports should remain open to ensure that there is no shortage of food, drugs and other essential supply to Nigerians.” This is just as t...