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    Time to take strategic steps to grow Ghana’s economy is now – Pierre Laporte

    Societe General Ghana partners AGF to provide financing solutions for SMEs

    IMF programme won’t affect free SHS, other flagship programmes – Gov’t

    NPA encourages consumers to lodge complaints of foul play at the pump for redress

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    Time to take strategic steps to grow Ghana’s economy is now – Pierre Laporte

    Societe General Ghana partners AGF to provide financing solutions for SMEs

    NPA encourages consumers to lodge complaints of foul play at the pump for redress

    Banks must improve their systems to check rising spate of financial fraud – e-Crime Bureau

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Increase investments in digitisation platforms to ensure safe trade transactions under AfCFTA – BoG

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    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

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    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

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    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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    Time to take strategic steps to grow Ghana’s economy is now – Pierre Laporte

    Societe General Ghana partners AGF to provide financing solutions for SMEs

    IMF programme won’t affect free SHS, other flagship programmes – Gov’t

    NPA encourages consumers to lodge complaints of foul play at the pump for redress

    Banks must improve their systems to check rising spate of financial fraud – e-Crime Bureau

    E-Levy won’t be terminated because of IMF bailout – Gov’t assures

    Node 8, HTU hold first edition of Node X in Ho

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    ‘Seeking IMF bailout doesn’t mean e-levy has failed’ – Oppong Nkrumah

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    Time to take strategic steps to grow Ghana’s economy is now – Pierre Laporte

    Societe General Ghana partners AGF to provide financing solutions for SMEs

    NPA encourages consumers to lodge complaints of foul play at the pump for redress

    Banks must improve their systems to check rising spate of financial fraud – e-Crime Bureau

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Increase investments in digitisation platforms to ensure safe trade transactions under AfCFTA – BoG

  • TECHNOLOGY

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

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    • Europe
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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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Over 14,000 businesses apply for GHS1bn stimulus package for SMEs – NBSSI

byNerteley Nettey
May 23, 2020
in Business, Local Economy, Top Stories
Executive Director of NBSSI, Esi Kosi Yankey-Ayeh.

Executive Director of NBSSI, Esi Kosi Yankey-Ayeh.

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The National Board for Small Scale Industries (NBSSI) says over fourteen thousand business owners have applied for government’s one billion stimulus package in less than a week.

According to NBBSI, majority of the applicants are within the agribusiness and education sectors.

This follows President Akufo-Addo’s launch of the GHC1 billion Coronavirus Alleviation Programme Business Support Scheme on Tuesday 19th May, 2020.

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The package is intended to cushion Micro, Small and Medium Scale Enterprises affected by the outbreak of COVID-19.

In an interview with Citi Business News, Executive Director of NBSSI, Esi Kosi Yankey-Ayeh, said the funds will be disbursed soon.

“As at the last time I checked, we have over 14000 applicants who have registered for the program, and are on the system. We have seen agriculture, agribusiness which is relatively high. We have also seen other services which is another sub-section and also private education. The President promised May. We launched in May and we will ensure that the funds go out. We have set timelines for ourselves and targets for our people to get the funds so that they can utilize it and maximize its impact,” she noted.

The outbreak of the novel Coronavirus which hit the country in March, severely affected many sectors of the economy.

As a result, several businesses and organizations have appealed for support from government to stay in business.

Akufo-Addo announces GHS1bn stimulus package for businesses

As part of measures to mitigate the economic impact of the pandemic in Ghana to sustain businesses, President Akufo-Addo in March announced that all households and small to medium scale enterprises are to benefit from a stimulus package of one billion Ghana cedis.

The initial amount for the the SMEs was pegged at GHS600 million, but has been increased to GHS1 billion following a commitment by some participating financial institutions.

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Societe General Ghana partners AGF to provide financing solutions for SMEs

IMF programme won’t affect free SHS, other flagship programmes – Gov’t

NPA encourages consumers to lodge complaints of foul play at the pump for redress

Banks must improve their systems to check rising spate of financial fraud – e-Crime Bureau

E-Levy won’t be terminated because of IMF bailout – Gov’t assures

IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

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