News
Nearly 5,000 MSMEs apply for COVID-19 business support fund

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The National Board for Small Scale Industries (NBSSI) has received close to 5,000 applications days after government launched the GH¢1 billion COVID-19 Alleviation Programme (CAP) business support scheme to cushion businesses negatively impacted by the coronavirus (COVID-19) pandemic.
Jointly funded by government and some commercial banks in the country, the scheme which is being managed by the National Board for Small Scale Industries (NBSSI) is expected to help micro, small and medium enterprises (MSMEs) back onto their feet.
The scheme, which has been grouped into two, namely Adom and Anidaso, will make available funds to smaller enterprises and larger companies respectively.
Speaking at a press briefing in Accra yesterday on government’s interventions against the disease, Executive Director of NBSSI, Esi Kosi Antwiwaa Yankey, said the applicants have been registered and were awaiting the next stage.
She noted that the interest rate was three per cent with a one-year payment moratorium and two to three years payment period.
As at yesterday, she said the Board has received more than 1000 calls from interested businesses on how to access the funds.
She indicated that all the announced platforms for access to the fund including online portal, USSD codes and dedicated office have been activated and could be used by all including persons with disabilities (PWDs).
To be able to provide opportunities for all to receive the financial support, Madam Yankey said the NBSSI has established a grievance centre to address issues and challenges faced by applicants.
“If you are experiencing any difficulty with regards to the application process, please contact the grievance centre and all your issues will be looked at. It is for all MSMEs and so we encourage all to participate to benefit financially,” she added.
To ensure efficient use of the funds, she said, the Board would monitor and train beneficiaries on book keeping skills to digitise their businesses and increase revenue potentials.
She stated that beneficiaries which fail to pay back the funds they receive would be blacklisted from accessing future support from government.
President Nana Addo Dankwa Akufo-Addo on Tuesday launched a GH¢1 billion COVID-19 Alleviation Business Support Programme to support MSMEs affected by the 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.
According to President Akufo-Addo, the business support programme, which is expected to reach 180,000 beneficiaries across the country, will help minimise job losses in the wake of the outbreak of the COVID-19 pandemic.
BY CLAUDE NYARKO ADAMS
News
“Nobody can unite NPP better than Afoko”

Private Legal Practitioner and New Patriotic Party (NPP) stalwart Charles Owusu Juanah says Awentami Paul Afoko has already started engaging members of opposing camps within the party as part of efforts to build a united front ahead of the 2028 elections.
Lawyer Juanah, who is the National Chairman of Friends of Bawumia, said some NPP members who have lost key positions have become disgruntled and now behave as though the party belongs to them.
He said this attitude has contributed to the divisions within the party and created the need for a leadership figure capable of bringing the various groups back together.
Juanah believes Afoko has the personality and relationships necessary to undertake that reconciliation.
He revealed that the former chairman has already started reaching out to people from opposing camps.
“He has even begun interacting with opposing camps in order to form a united front ahead of the 2028 elections,” Juanah said.
According to him, Afoko’s engagement with rival groups shows his focus is on building the party rather than deepening existing divisions.
Juanah said the former chairman understands that the NPP cannot successfully prepare for the next election while its members remain divided.
“He has foresight, the vision, and strategy to ensure there’s a united front,” he said.
Juanah added that Afoko had already begun talks with some members as part of the process.
He said these engagements demonstrate a willingness to listen to different sides and create a platform where members who have fallen out with one another can work together.
“He has even begun talks with some members,” Juanah said.
He argued that Afoko’s approach also shows his understanding of leadership.
According to Juanah, leadership in the current circumstances requires someone who can speak to different factions without treating political disagreements as permanent divisions.
He said Afoko’s charisma allows him to engage people who may not belong to the same camp.
Juanah therefore believes the former chairman can help bring back members who feel alienated from the party.
“If there’s anyone who can ensure all disgruntled members come together, then it’s no other than Paul Afoko,” he said.
For Juanah, the reconciliation effort is important because the NPP will need a united internal structure before it can effectively organise for the 2028 election. He said Afoko’s current engagement with rival camps is therefore consistent with the former chairman’s broader “Reunite, Rebuild, and Recapture” message.
By: Jacob Aggrey
News
Maiden Black Star Fashion Week to highlight Ghana’s National Fashion Platform

Ghana is set to take centre stage in fashion, culture and the creative economy as the maiden Black Star Fashion Week (BSFW) takes off with a two-day national fashion experience designed to discover talent, convene the industry and showcase Ghanaian fashion on a global stage.
Put together by the Presidency-backed Black Star Experience Secretariat led by Rex Owusu Marfo, with support from the Ministry of Tourism, Culture and Creative Arts and its agencies such as the Ghana Tourism Authority (GTA) and Creative Arts Agency, it is structured across two connected experiences in Accra and Senchi.
The Black Star Fashion Week will move from inteligent industry dialogue and talent discovery to an exciting fashion celebration.
The first day will take place in Accra on November 4 and will centre on the Black Star Fashion Summit.
The Summit will bring together designers, fashion entrepreneurs, creatives, industry leaders, investors, buyers, manufacturers, policymakers, media and other stakeholders for a day of conversations, knowledge exchange, networking and talent development.
The Accra experience will feature keynote addresses, panel discussions, fireside conversations, masterclasses, industry presentations and practical workshops covering areas relevant to the growth of Ghana’s fashion industry, including entrepreneurship, branding, digital marketing, textile innovation, manufacturing, fashion finance, export readiness, e-commerce, artificial intelligence, sustainability and intellectual property.
A major component of Day One will be the 16-Region Designer Programme, bringing emerging fashion talent from across the country into one national platform.
Each participating designer will present a creative interpretation of their region, reflecting its identity, culture, heritage, materials, craftsmanship and contemporary design language.
The Accra programme will culminate in the selection of five designers. Out of the five, one will advance to the flagship fashion show at Senchi.
The second day will move to Royal Senchi on November 7, where the Black Star Fashion Show and experience will take place.
Beyond the runway, Senchi will host a Fashion Village, bringing together designer showcases, retail, textiles, artisan experiences, brand activations, beauty, technology, food and beverage, tourism and lifestyle experiences.
The event will also celebrate Ghana’s cultural diversity through music, dance, textiles, craft, food, storytelling, heritage and visual arts, demonstrating the deep connection between fashion and Ghana’s wider cultural ecosystem.
Honours will go out to outstanding contributors to Ghana’s fashion ecosystem, while networking and business engagements will connect designers and creative businesses with buyers, investors, manufacturers, retailers and other industry stakeholders.
Black Star Experience (BSE) is a Government of Ghana inititive for Culture, Arts, Tourism and Creative engagement.
As a national, year-round platform, the Black Star Experience brings together Ghana’s cultural, artistic, tourism and creative offerings to strengthen Ghana’s identity, promote the country as a preferred global destination and position Ghana as a leading cultural and creative capital of Africa.




