Tag: COVID-19

in Business, Top Stories

As part of measures to assist micro, small and medium scale enterprises (MSMEs) affected by the COVID-19 pandemic, the MasterCard Foundation is set to announce a 90 million cedis fund with the National Board for Small Scale Industries, NBSSI. The emergency fund will be given to MSMEs to save them from collapse. Already, the government…

Drastic measures needed to stabilize cocoa sub-sector amidst COVID-19 threat – Joe Jackson

Apr 9, 2020

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in Agribusiness, Local Economy, Top Stories

The Director of Business Operations at Dalex Finance, Joe Jackson, says the economic impact of COVID-19 on agriculture and agribusiness, particularly the cocoa subsector, could hit farmers hard. According to him, the Ghana COCOBOD is projecting about a billion dollar in losses due to the spread of the virus. Ghana signed a syndicated loan facility…

COVID-19 fight: Finance C’ttee permits gov’t to spend GHS 1.2bn from Contingency Fund

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The Finance Committee of Parliament has given authorization to the Minister of Finance to spend from the Contingency Fund. The decision was taken after the committee’s meeting, following a statement made by the Minister in the House on government’s Coronavirus Alleviation Programme. The Contingency Fund is the only fund apart from the Consolidated Fund that…

COVID-19: 26 new cases push Ghana’s count to 313 with one more death

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Twenty-six new COVID-19 cases and one more death have been confirmed in Ghana. This has increased the country’s case count to 313, 6 deaths and 3 recoveries as at Wednesday, April 8, 2020. The confirmation comes after more contacts of COVID-19 patients were traced and their samples tested. According to the Ghana Health Service, “Enhanced…

COVID-19: Ofori-Atta seeks approval to spend GHS 1.2bn from Contingency Fund

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The Finance Minister, Ken Ofori-Atta, has formally made a request to Parliament to spend over GHS1.2 billion from the Contingency Fund as part of measures to contain the novel coronavirus pandemic. The Speaker of Parliament has referred the Finance Minister’s request to Parliament’s Finance Committee. “These are extraordinary and sobering times; and we must respond…

Wilmar Africa supports COVID-19 fight in cash and kind worth 1 million cedis

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Lawrence Segbefia

in General, Top Stories

Wilmar Africa Ltd has presented cash and products worth GHs 1,000,000 to support government’s efforts to check the spread of COVID-19 and also alleviate the plight of the less privileged families in society. The donation comprises a GHs 100,000 cheque to the Covid-19 Trust Fund, and GHs 900,000 worth of products ; namely Viking Rice,…

GIIF donates GHS500,000 to COVID-19 Trust Fund

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The Ghana Infrastructure Investment Fund (GIIF), has donated an amount of Ghc 500,000 to the Ghana Covid-19 National Trust Fund. The move is aimed at helping with the national fight against the pandemic. Leading a delegation on Wednesday, April 8, 2020, to make the donation at the Jubilee House, was the Board Chairman of GIIF,…

CBG donates Gh₵200, 000 to Noguchi and COVID-19 Trust Fund

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Consolidated Bank Ghana (CBG), has supported the Noguchi Memorial Institute for Medical Research (NMIMR) and the Covid-19 National Trust Fund with a total amount of GHS 200,000 to support the fight against the novel coronavirus (Covid-19) pandemic in Ghana. The donation, which will be shared between the two institutions equally, is part of CBG’s GH¢1…

Finance Minister to present policy statement on COVID-19 fight in parliament

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