Tag: NBSSI
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Over 170,000 businesses apply for GHS1bn stimulus package for SMEs – NBSSI
More than one hundred and ten thousand businesses have successfully completed their application for the government’s GHS1billion Coronavirus Alleviation Programme Business Support Scheme. This is a huge jump from the 14,000 businesses that registered in the first week. A statement from the National Board for Small Scale Industries, NBSSI, said this represents 65% of the…
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Ghana can dream again – Coronavirus Alleviation Programme Business Support Scheme a win-win for all
The GHS 1 Billion Coronavirus Alleviation Programme (CAP) Business Support Scheme launched by His Excellency President Nana Addo Dankwa Akufo- Addo on Tuesday, 19th May, 2020 is a life saver not just for the beneficiaries but for the nation as a whole. This programme is unprecedented in Ghana’s history, as it accounts for about 0.15%…
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Businesses now applying for TIN to be taxed after accessing GHS1bn stimulus – GRA
The Ghana Revenue Authority, GRA, says all businesses seeking to acquire TIN numbers now will be made to pay taxes after benefiting from the government’s GH¢1 billion COVID-19 Alleviation Business Support Programme for Micro, Small and Medium-scale Enterprises. Many business owners that did not have TIN numbers before the COVID-19 Pandemic have besieged the GRA…
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Applications for GHS1bn loan will be scrutinized, it’s not automatic – NBSSI
The National Board for Small Scale Industries (NBSSI), has explained that it is not automatic for businesses to receive the amounts they apply for from government’s GHS 1billion stimulus package allocated to Micro, Small and Medium Scale Enterprises (SME) affected by the novel Coronavirus pandemic. The agency says every request will be subjected to strict…
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Applicants for GHS1bn stimulus package call for early disbursement
Some persons in the Ashanti Region who have applied for government’s GHS 1billion stimulus package to support SMEs affected by the coronavirus pandemic, are urging government to ensure early release of the funds to help them achieve the desired impact. The coronavirus pandemic has negatively impacted many businesses in the country, with over 14,000 business…
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Over 14,000 businesses apply for GHS1bn stimulus package for SMEs – NBSSI
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…
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Hundreds visit NBSSI offices in Bono to apply for GHS1bn SMEs stimulus package
It appears the interest in government’s stimulus package for small and medium scale enterprises affected by the COVID-19 pandemic, is quite huge considering that over 14,000 people have already signed onto it. On Friday for instance, hundreds of people thronged the offices of the National Board for Small Scale Industries, NBBSSI, in the Bono Region,…
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Over 5,000 applicants sign onto GHS1bn business support scheme – NBSSI
Over five thousand applicants have signed onto Ghana’s ¢1 billion Coronavirus Alleviation Programme Business Support Scheme. This is according to the National Board for Small Scale Industries (NBSSI). The Coronavirus Alleviation Programme Business Support Scheme which was launched by President Akufo Addo on Tuesday, 19th May, is intended to support small and medium-scale enterprises (SMEs)…
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We’ll use financial institutions to disburse GHS600m SME loan – NBSSI
The Executive Director of the National Board for Small Scale Industries, NBSSI, Kosi Yankey, has explained that financial institutions will be used to disburse the 600 million cedis stimulus package allocated to support small and medium scale enterprises. Following the negative impact of COVID-19 on businesses and individuals, the amount has been set aside by…
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NBSSI can’t disburse and recover GHS600m SMEs loan efficiently – Dalex CEO
The Chief Executive Officer of Dalex Finance, Ken Thompson, wants government to reconsider its decision to allow the National Board for Small Scale Industries, NBSSI, to disburse the 600 million cedis stimulus package for SMEs. According to him, financial institutions are in a better position to disburse the money efficiently and ensure full recovery. It…