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Wednesday, October 4, 2023
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    GH¢2.11bn T-Bill auction likely to be oversubscribed, GCB Capital Research predicts

    TOR-Torentco deal: Some staff raise fresh alarm over formation of subsidiary companies

    Activities at Ghana’s ports begin to rebound after 2023 slow start

    BoG’s viability analysis framework to safeguard financial institutions – Governor

    2023 customer service week kicks off at Kotoka International Airport

    The geopolitical forces driving today’s oil market

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    GH¢2.11bn T-Bill auction likely to be oversubscribed, GCB Capital Research predicts

    TOR-Torentco deal: Some staff raise fresh alarm over formation of subsidiary companies

    Ghana loses GHS 49.5 million to cyber fraud in nine months

    Activities at Ghana’s ports begin to rebound after 2023 slow start

    BoG’s viability analysis framework to safeguard financial institutions – Governor

    2023 customer service week kicks off at Kotoka International Airport

    Cedi weakens against the dollar in October after months of relative stability

    IMF raises concerns over the energy transition price tag

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    GH¢2.11bn T-Bill auction likely to be oversubscribed, GCB Capital Research predicts

    TOR-Torentco deal: Some staff raise fresh alarm over formation of subsidiary companies

    Activities at Ghana’s ports begin to rebound after 2023 slow start

    BoG’s viability analysis framework to safeguard financial institutions – Governor

    2023 customer service week kicks off at Kotoka International Airport

    The geopolitical forces driving today’s oil market

    IMF raises concerns over the energy transition price tag

    Prices of petroleum products to rise marginally in October – IES

    FBNBank Ghana launches Akye promotion

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    Ghana loses GHS 49.5 million to cyber fraud in nine months

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    Genius IT Foundation achieves STEM.org accreditation

    Pharmaceutical Society charged to utilize AI to transform industry

    Apple says iPhone and iPad apps will show up on the vision OS App Store from the get-go

    China launches $41 billion fund to accelerate semiconductor industry

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    South Africa adds Ghana to E Visa list

    Ofori-Atta commends G20 for AU’s inclusion, urges common voice

    Nine ventures announced for Africa Money and DeFi Summit investment showcase

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NBSSI to receive applications for GHS600m stimulus package via online portal

byLawrence Segbefia
May 7, 2020
in Local Economy, Top Stories
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The National Board for Small Scale Industries (NBSSI), says it will soon launch a portal that will allow Small and Medium Enterprises, SMEs, to apply for the government’s 600 million cedis stimulus package.

As part of measures to mitigate the impact of COVID-19 on SMEs, the President set aside 600 million cedis to help small businesses.

Speaking at the Information Ministry’s COVID-19 press briefing, the Executive Director of the NBSSI, Kosi Yankey, said the electronic platform will make the application process more transparent and convenient.

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“In order to make this more efficient and transparent, the team and the board decided to work on technology portal where applications can be processed and where application will go to”

Madam Yankey explained that businesses in the informal sector that do not have access to technology will also be engaged on a different platform to help all struggling SMEs.

“Some of the businesses in some districts across the country who do not have access to technology will not be left out. We do not want to leave out any SME,” she said.

She stated that the portal is being checked to make sure it is robust enough to withstand the pressure that may come as a result of online traffic.

“In the past few weeks; we have been working on the portal to make sure it is the right one for our board to approve,” she said, assuring that it will be ready for use by end of the month.

Madam Yankey said some two hundred companies within the SMEs sector will benefit from the package.

The Coronavirus Alleviation Programme (CAP) was proposed by government to effectively manage social and economic recovery in Ghana as a result of the COVID-19 pandemic.

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