BUSINESS

SMEs to receive stimulus through MoMo, bank accounts – NBSSI

Executive Director of the National Board for Small Scale Industries (NBSSI), Ms Kosi Antwiwaa Yankey, has announced that businesses will receive their portion of the GH¢600million stimulus package through their Mobile Money or bank accounts. Speaking at the launch of the coronavirus alleviation programme business support scheme, at the seat …

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Application for GH¢600m stimulus begins today, interest rate at 3%

The application process for accessing the GH¢600 million COVID-19 Fund will start tomorrow, 20th May 2020, and end on Saturday, 20th June 2020. The beneficiaries are expected to be either self-employed, sole proprietors, or engaged in a limited liability, partnership, or joint venture arrangement. The criteria states that the qualifying …

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Finance Ministry launches 3 policy initiatives; targets 85% savings rate by 2025

The Ministry of Finance has launched three policy initiatives designed to deepen financial inclusion and accelerate the shift to digital payments. This includes the National Financial Inclusion and Development Strategy, Digital Financial Services Policy and the Cash-Lite Roadmap. The National Financial Inclusion and Development Strategy, which is developed in collaboration …

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Schools to reopen on 1 June 2020

Schools will reopen on 1 June 2020 with Grade7 and Grade 12 learners returning to the classroom, Basic Education Minister Angie Motshekga said on Tuesday. “Independent and public ordinary schools will open even in the metropolitan areas. Every school must adhere and observe the health and safety protocols that will …

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7 million Ghanaians earn GH¢7,000 or below annually – Finance Minister

Seven million Ghanaians earn below GH¢7,000 annually, Finance Minister, Ken Ofori-Atta has revealed. According to him, 83.6% of Ghanaians also do not have real savings and are vulnerable to economic hardships in the event of crises such as the COVID-19 pandemic. “In Ghana, it is more devastating because when we look at …

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Zoomlion begins disinfection exercise of 115 police stations in the Western Region

Zoomlion Ghana Limited has begun mass disinfection of over 115 police stations and facilities in the western region. The nationwide exercise which is on-going in all the regions is geared towards protecting Police personnel’s and their families who are assisting frontline workers in the fight against the Convid-19 pandemic.   …

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Oil prices jump as lockdowns ease and supplies tighten

Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by continuing output cuts and signs of gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic spreading. Brent crude was up $1.19, or …

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Gov’t settles over 2bn debt to ECG

The government has revealed that it has cleared over 2 billion Ghana cedis debt owed the Electricity Company of Ghana (ECG) which will, therefore, put the state-owned electricity distributor on the requisite sound financial footing. Addressing a press conference Tuesday, the Energy Minister, John Peter Amewu stated that the government …

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Police hunts for killers of DCE driver, two others

A special team from the Ashanti Regional Police Command is set to be deployed to the Amansie South District town of Dadease after at least three persons were killed in a gun attack on Monday night. The victims include a man who was later identified as 40-year-old Samuel Osei, driver of the …

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Thermal Surveillance Solution with Pandemic Control and Prevention Covid-19 and CCTV

Avcontech Limited, Ghana’s technology-oriented security service provider presents a few suggestions to businesses, Institutions and the country as a whole in our national quest to assist with the prevention of the recent global Corona Virus (Covid-19) Pandemic. The company wildly known for its donation and installation of free CCTV and …

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