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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.
THE Executive Director of the Ghana National Association of the Deaf (GNAD), Mr Juventus Dourinaah, has called on the media to take a lead role in promoting inclusivity and accessibility for the deaf and hard-of-hearing persons in Ghana.
He made the call at a media forum last week on the theme “No Human Rights Without Sign Language Rights.” It brought together journalists, development partners, and members of the Deaf community.
The event formed part of efforts to highlight the importance of sign language as a human right and to encourage media institutions to adopt inclusive communication practices.
Mr Dourinaah emphasised that the media was one of the most powerful tools for shaping public perception, influencing policies, and setting national agendas.
“The media holds strong power to influence understanding and build inclusion.”
For deaf persons, he said, access to information through sign language, captioning, and visual communication is not a privilege but rather a human right.
He added that without accessible communication, deaf people remain excluded from national conversations, education, and opportunities that shape their lives.
He therefore urged both public and private broadcasters to integrate sign language interpretation into all news programmes, public service announcements, and major national events.
Mr Dourinaah also appealed to the National Communications Authority (NCA) and the Ministry of Communications (MoC) to make accessibility a mandatory requirement for all media houses.
At the end of the meeting, media representatives in a communique pledged to promote accessibility by including Ghanaian Sign Language interpretation and subtitles in programming.
They also pledged to ensure fair and non-discriminatory representation of deaf persons while collaborating with GNAD to train media personnel on inclusive communication.
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The Ghana Journalists Association (GJA) would host its flagship awards in Kumasi for the first time, with the 29th edition set for November 8 at the Manhyia Palace, under the patronage of the Asantehene, Otumfuo Osei Tutu II.
The event will celebrate excellence in journalism and recognise media professionals and institutions that have demonstrated integrity, innovation, and commitment to the highest standards of the profession.
Launching the Awards in Accra on Thursday, the GJA President, Mr Albert Kwabena Dwumfour, explained that the decision to host the awards in Kumasi was a symbolic gesture of inclusivity, reflecting the Association’s commitment to recognise contributions from all regions of the country.
This year’s edition would be held under the theme, “Safeguarding Ghana’s Future: The Role of the Media in Promoting Peace, Security and the Fight Against Galamsey.”
At the launch, two committees — Awards and Planning Committees — were inaugurated.
The nine-member Awards Committee, chaired by Mr Gabriel Bosompem, former Commissioner of the National Media Commission and former Production Manager at TV3 (Media General), is responsible for vetting of entries.
Other members of the committee include Alhaji Salifu Abdul-Rahman, Editor of the Ghanaian Times; Mr Kingsley Obeng-Kyere, P.A.V. Ansah, Ms Nana Yaa Konadu, and Ms Theresa Owusu-Ako.
The rest are Madam Agnes Boye-Doe, Mr David Andoh, Mr Samuel Bio and Mr Jeorge Wilson Kingston.
The Planning Committee is co-chaired by Mr Dwumfour and Mr Prince Oheneba Nana Kwaku Duah, and includes Mr Dominic Hlordzi, Mr Emmanuel Safo, Deputy Head of Protocol at the Manhyia Palace; and Mr Kwame Adinkra.
Others are Mr Kojo Soboh, Mr Nathaniel Attoh of Joy News; Ms Rebecca Ekpe, Vice President of the GJA; and former National Treasurer, Mrs Audrey Francesca Dekalu.
Mr Dwumfour assured that accommodation and transportation would be fully provided for more than 500 journalists to travel to Kumasi for the awards to ensure full participation.
The event will commence with a welcome reception at the Lancaster Hotel on Friday, November 7, followed by a health walk on the morning of Saturday and climax it with the awards ceremony at 4pm at the Manhyia Palace.
The Minister of State in charge of Government Communications, Mr Felix Kwakye Ofosu, in his address, commended the GJA for sustaining the awards for over nearly three decades.
He urged journalists to embrace innovation and adapt to new technologies such as Artificial Intelligence.
He reaffirmed government’s commitment to press freedom, noting that President John Dramani Mahama remains a strong advocate of free speech.
By Linda Abrefi Wadie
