News
COVID-19 Businesses Support Fund should spur MSMEs on to thrive
President Nana Addo Dankwa Akufo-Addo on Tuesday launched a GH¢1 billion COVID-19 Alleviation Business Support Programme to support Micro, Small and Medium Enterprises (MSMEs) affected by the coronavirus (COVID-19) pandemic.
The amount is expected to support businesses in areas such as agriculture and agribusiness, manufacturing, tourism and hospitality, education, food and beverages, technology, transportation, commerce, healthcare and pharmaceuticals, and textile and garments.
Additionally, MSMEs which need expansion to meet the growing demand for COVID-19 related goods and services can also apply.
According to President Akufo-Addo, the business support programme, which is expected to reach 180 beneficiaries across the country will help minimise job losses in the wake of the outbreak of the COVID-19 pandemic.
Out of GH¢1.2 billion earmarked for the programme, he said GH¢600 million will be disbursed as soft loans to MSMEs with one year moratorium and two years repayment. The rate of interest on the loans is three per cent.
Aside the GH¢1billion facility for MSMEs, the President indicated that the government will make available a GH¢3 billion credit and stimulus package to help boost businesses.
The Ghanaian Times applauds government for this initiative aimed at helping all businesses that have been heavily hit by COVID-19 in the country.
The harm that has been caused by the outbreak on Ghanaian businesses cannot be overemphasized.
The package, we believe, offers a huge sigh of relief to businesses which have seen their productivity levels and revenue reduced drastically and are struggling to hold on to their employees.
It is true that globally, the pandemic has rendered economies flat and affected the income of government, businesses and households.
In Ghana, MSMEs, which accounted for 70 per cent of the country’s Gross Domestic Product (GDP) and represented 92 per cent of businesses, have not been exempted.
This is why it is imperative that we support all efforts to ensure the success of the COVID-19 Alleviation Programme (CAP) Business Support Scheme to protect jobs and bring back the country’s economy to life when the dust settles.
We urge all businesses to take advantage of the government’s support programme and use the funds for the intended purposes to resuscitate their businesses and further enhance Ghana’s economic growth.
We are also mindful that not all businesses can be supported owing to limited funds and so we urge all beneficiaries to pay back on time to enable government extend similar support to others.
Even as we commend government for this laudable initiative, we will urge the country mobilise more funds to support other sectors including the media which are not expected to benefit from the support scheme in these difficult times.
Thomas Partey, Ransford Yeboah Königsdörffer, Kojo Oppong Peprah, and Alexander Djiku trained with the Black Stars on Tuesday, March 23 as preparations intensify for the international friendly against Austria on Friday.
The newly arrived players—Partey, Königsdörffer, Oppong Peprah and Djiku—joined the group training Tuesday afternoon in readiness for the match.
Partey and Djiku bring valuable experience and dexterity to the team, having played a major role in securing Ghana a spot at the 2026 FIFA World Cup in Mexico, Canada, and the United States of America.
All 25 players participated in Tuesday’s training session, each aiming to catch the eye of head coach Otto Addo.
The full squad present at training included Lawrence Ati-Zigi, Benjamin Asare, Joseph Anang, Patrick Pfeiffer, Derrick Luckassen, Derrick Kohn, Jerome Opoku, Caleb Yirenkyi, Kojo Oppong Peprah, Jonas Adjetey, Marvin Senaya, Gideon Mensah, Elisha Owusu, Ibrahim Sulemana, Kwasi Sibo, Jordan Ayew, Prince Kwabena Adu, Christopher Bonsu Baah, Abdul Fatawu Issahaku, Antoine Semenyo, Kamal Deen Sulemana, Daniel Agyei, Thomas Partey, Alexander Djiku, and Ransford Yeboah Königsdörffer.
Training will continue on Wednesday and Thursday ahead of the match on Friday, March 27, 2026.
The Kadjebi District Police Command, through a sustained intelligence-led operation, has arrested a suspect, Chalim Madzaton, also known as Peter Tano, 36, a farmer.
He was apprehended at his hideout in Kpaya, a suburb of Ahamansu, in connection with the murder of 80-year-old Dakolor Semaka.
On March 24, 2026, police received a report that the suspect had allegedly attacked his girlfriend, Yaa Tugbenyo, 55, and her mother, the deceased, at their residence in Mangoase near Kadjebi During the incident, Yaa Tugbenyo managed to escape but later returned to find her mother lying motionless on the floor.
Police Officers visited the scene and found the body of the deceased lying in a supine positior with isible signs of violence.
The scene was processed, and photographs were taken for evidential purpose.
The deceased was pronounced dead by a medical officer at St. Mary Theresa Hospital and the body has since been deposited at the hospital’s morgue for preservation and autopsy.
The suspect is currently in Police custody assisting with investigations and will be arraigned before court.
