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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. 

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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.

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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.

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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.

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Criminal and Seditious Libel Law was repealed in 2001 yet we still face harassment – NPP

The New Patriotic Party (NPP) has criticised the government for what it calls a return to the “culture of silence” in Ghana, despite the repeal of the Criminal and Seditious Libel Law more than two decades ago.

In a press statement issued on Wednesday, the party said the arrest and detention of its Bono Regional Chairman, Kwame Baffoe, also known as Abronye, for allegedly insulting the Inspector General of Police (IGP) was the latest sign of political intimidation.

According to the NPP, eight months into President John Dramani Mahama’s administration, state security had been “weaponised” not to fight illegal mining or protect citizens, but to intimidate and punish dissenting voices.

The party said insecurity in areas such as Bawku, Nkwanta and Gbeniyiri in the Savannah Region had claimed more than 32 lives and displaced over 50,000 people, yet the police and national security were more focused on arresting opposition supporters and social media users for their posts.

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The NPP noted that Ghana abolished the Criminal and Seditious Libel Law in 2001 under President John Agyekum Kufuor to protect free speech and media freedoms.

It described the recent arrests of opposition members as an erosion of those democratic gains.

The party said it did not condone insults or vulgar language in public discourse but stressed that anyone who felt defamed should seek redress through civil defamation suits, not criminal prosecution.

It also accused the government of undermining the judiciary by “weaponising” it against political opponents, citing the removal of the Chief Justice.

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“The growing climate of intimidation and criminalisation of speech is a serious assault on Ghana’s democracy,” the statement signed by NPP General Secretary Justin Kodua Frimpong said.

The NPP called on all Ghanaians to resist what it described as a return to tyranny and pledged to roll out a series of actions to protect the country’s democratic gains.

By: Jacob Aggrey

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NIA opens Premium Centres to register children

The National Identification Authority (NIA) has started registering Ghanaian children aged between six and 14 years at all its Premium Centres across the country.

The Authority says the exercise is part of its duty to register every Ghanaian, both at home and abroad, so that all citizens can have a secure and verifiable national identity.

It explained in a statement issued today that the registration will help build a complete and inclusive National Identity Register (NIR) that captures every Ghanaian from childhood.

According to the NIA, the fee for first-time registration at Premium Centres is GHS 310, which is the approved charge for premium services.

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The Authority said the requirements are the same as for applicants aged 15 years and above.

It affirmed that Parents or legal guardians were required to present either a valid Ghanaian passport of the child, the original copy of the child’s birth certificate, or be a Ghana Card holder who can vouch for the child.

The NIA also announced that from Monday, September 15, 2025, its online registration and booking system will be extended to the remaining 11 Premium Centres nationwide.

This it said will allow parents and guardians to schedule appointments more conveniently and avoid delays at the centres.

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It further stated that information on the issuance of Ghana Cards for children aged six to 14 years who had already registered will be shared later.

In the coming weeks, the Authority plans to extend this registration service to all NIA District Offices to make it easier for more people to access the service.

By: Jacob Aggrey

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