Tag Archives: SMEs

United Bank for Africa (UBA) Role in SME Financing: Empowering Businesses for Growth

    By Peter Dery, Head of Retail & Commercial Banking UBA Ghana   Small and Medium-sized Enterprises (SMEs) are the lifeblood of any economy, driving innovation, creating jobs, and contributing significantly to economic growth.     It is pertinent to mention that one of the most significant challenges facing SMEs …

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Govt unveils GH¢2bn credit guarantee scheme for SMEs

The government has launched a GH¢2 billion guarantee scheme to support universal banks in the country to offer financial support to small and medium enterprises (SMEs) for them to recover from the COVID-19 shocks. The Ghana Care Guarantee Scheme (GCGS), to be administered by the Ghana Incentive-based Risk-sharing System for …

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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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