No Result
View All Result
Wednesday, June 29, 2022
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

    African Finance Ministers tasked to allocate more resources into education sector

    Unilever Ghana PLC remains upbeat about future growth prospects

    Citi Business Festival enters final week; forum on agribusiness comes off today

    BoG must enforce regulations on informal forex trading – Prof. Quartey

    DBG will mirror KfW’s successful banking model to benefit SMEs

    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

    Unilever Ghana PLC remains upbeat about future growth prospects

    Citi Business Festival enters final week; forum on agribusiness comes off today

    BoG must enforce regulations on informal forex trading – Prof. Quartey

    DBG will mirror KfW’s successful banking model to benefit SMEs

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

  • TECHNOLOGY

    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

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    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

    Take control of financing on the continent – Ofori-Atta to AfDB

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

    African Finance Ministers tasked to allocate more resources into education sector

    Unilever Ghana PLC remains upbeat about future growth prospects

    Citi Business Festival enters final week; forum on agribusiness comes off today

    BoG must enforce regulations on informal forex trading – Prof. Quartey

    DBG will mirror KfW’s successful banking model to benefit SMEs

    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

    Unilever Ghana PLC remains upbeat about future growth prospects

    Citi Business Festival enters final week; forum on agribusiness comes off today

    BoG must enforce regulations on informal forex trading – Prof. Quartey

    DBG will mirror KfW’s successful banking model to benefit SMEs

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

  • TECHNOLOGY

    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

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    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

    Take control of financing on the continent – Ofori-Atta to AfDB

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Gov’t presents GH¢2m to 1,000 physically challenged entrepreneurs

July 25, 2020
in Business, Local Economy, Top Stories
0
SHARES
1.5k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

President Akufo-Addo on Friday July 24, 2020, presented 2 million Ghana Cedis to 1,000 disabled entrepreneurs to empower them economically.

The initiative is under the Presidential Empowerment for Male Entrepreneurs (PEMED) programme, and is being spearheaded by the Business Development Ministry.

At a short ceremony at the Jubilee House, Accra, President Akufo-Addo said government is committed to building an inclusive society in which every citizen, irrespective of the circumstances of birth, has the opportunity to develop fully, his or her God-given talent, to participate in the national development process.

ADVERTISEMENT

He pointed out that the policies and programmes that his administration had instituted since assuming the reins of power, had all been geared towards enhancing the productive capacity of all Ghanaians to enable them contribute meaningfully to the nation’s social and economic transformation.

The President, whose speaking notes dwelt on the theme: “Financial inclusion For Male Entrepreneurs with Disability,” said the PEMED was particularly significant, as government strives to revive and reinvigorate the country’s economy, after the severe impact of the Covid-19 pandemic.

He stated that rebuilding the Ghanaian economy, after Covid-19, puts an even greater premium on entrepreneurship and businesses, saying, “We need to do all within our power to create an entrepreneurial climate, to enable our young people, including the physically challenged, to come up with creative ideas which will develop into businesses.”

The beneficiaries received between GH¢10,000 and GH¢50,000.

The first category were barbers, who got GH¢10,000; Second category was for shoemakers and cobblers. They received GH¢15,000.

The third category- tailors and dressmakers were given GH¢25,000, and the fourth group, persons in Trade and industry, had a GH¢50,000.

The fund had a fifty per cent grant element, and the other 50 per cent, interest free loan, payable in 2 years.

The President indicated that the funds presented to the physically challenged entrepreneurs would provide relief and also empower persons with disabilities to improve their economic circumstances.

“You, the beneficiaries, have already undergone training in areas such as financial management, business management, risks, marketing, and operations. It is expected that you will be guided by the structured training you have undergone, to enable you scale-up your businesses, and create job opportunities for people,” he said.

The President told the beneficiaries that their female counterparts, who received financial support and training last year under PEWED, had found creative ways of investing their cash to scale-up their businesses and created jobs.

The Ministry of Business Development, through the National Entrepreneurship and Innovation Plan, he stressed, would continue to provide mentorship, training, and monitoring, to ensure the successful execution of the businesses of the 1,000 beneficiaries.

The Business Development Minister, Ibrahim Awal, said government would promote the entrepreneurial capacity of the youth and the physically challenged, as well as nurture, build and promote indigenous Ghanaian businesses.

Source: GNA
Tags: PEMEDphysically challenged entrepreneursPresidential Empowerment for Male Entrepreneurs
Previous Post

COVID-19: African Development Bank Group supports Ghana with $69m grant

Next Post

Africa must reposition itself to gain immensely from the global financial market – Lennis Glover

Next Post

Africa must reposition itself to gain immensely from the global financial market - Lennis Glover

Accra Kotoka International Airport Arrivals
ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.