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President launches GH¢600m COVID-19 Alleviation Programme today
President Nana Addo Dankwa Akufo-Addo will today launch a GH¢600 million Coronavirus Alleviation Programme (CAP) business support scheme intended to support small and medium-scale enterprises (SMEs) impacted by the novel coronavirus (COVID-19).
The fund is intended to provide relief to SMEs across the country that has been negatively affected by the disease.
In his fifth televised address to the nation, the President announced that government has partnered with the private sector to introduce a scheme in support of SMEs which were facing challenges owing to COVID-19.
“Government, in collaboration with the National Board for Small Scale Industries (NBSSI), Business & Trade Associations and selected Commercial and Rural Banks, will roll out a soft loan scheme up to a total of GH¢600 million, which will have a one-year moratorium and two-year repayment period for micro, small and medium scale businesses,” he stated.
Executive Director of NBSSI, Esi Kosi Antwiwaa Yankey, earlier stated that the Board has developed an online portal to enable SMEs across the country access the GH¢600 million stimulus packages for businesses.
She said the portal was to ensure transparency and efficiency in disbursement of the package to applicants.
Speaking at a press briefing in Accra, she explained that the board was in discussions with concerned stakeholders to come up with eligibility criteria to ensure that viable businesses which were in need were supported.
She stated that more than 200,000 businesses would be supported under the coronavirus (COVID-19) stimulus package for SMEs adding that the NBSSI was further engaging traders and business owners to sensitise them on the package and how they could access it.
Applications from businesses, Madam Yankey, noted, would be processed through the portal, which was yet to be launched.
The Executive Director is expected to announce modalities for disbursement of the Scheme, and invited SMEs who require technical support, and not just financial support to reach out as well to the board.
Several platforms including nbssi.gov.gh/capsupport; mobile number platform (USSD) *718*555#; Call Centre Helpline: 030 274 7777, email address capsupport@nbssi.gov.gh have been made available to ensure access.
The SMEs sector, according to the University of Ghana study in 2015, contribute about 70 per cent to Ghana’s Gross Domestic Product (GDP), and account for about 92 per cent of businesses in the country.
BY CLAUDE NYARKO ADAMS
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Police confirm arrest of two suspects in Asankrangwa murder case
The Western Central Regional Police Command has confirmed the arrest of two men in connection with the fatal stabbing of a 20-year-old man at the Asankrangwa Education Area on Sunday, August 17, 2025.
In a statement signed by the Head of the Public Affairs Unit, ASP Beatrice Turkson, the police said preliminary investigations revealed that the deceased was chased and stabbed multiple times by a group of people.
The incident is believed to have stemmed from a misunderstanding between the deceased and one of the suspects, identified as 36-year-old Kwasi Opong.
According to the police, swift action led to the arrest of Opong and another suspect, 23-year-old William Francis Osei. Both are currently in custody assisting with investigations, while efforts are underway to apprehend another suspect who is still on the run.
The police noted that the body of the deceased has been deposited at the Asankrangwa Catholic Hospital morgue for preservation and autopsy.
“The Command assures the public that all persons connected to this heinous crime will be brought to justice,” the statement said.
The police appealed to the public to provide any information that could assist in the ongoing investigations.
By: Jacob Aggrey
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Atuabo Gas Plant to Shut Down for Maintenance from August 16 to 30
The Ministry of Energy and Green Transition has announced that the Atuabo Gas Processing Plant in the Western Region will be shut down for scheduled maintenance from August 16 to August 30, 2025.
The Ministry said it had approved a request from the Ghana National Gas Company Ltd. to carry out the maintenance, describing it as essential for the continued safe and reliable operation of the plant.
In a statement, the ministry stated that during the shutdown period, Ghana Gas will temporarily stop supplying gas to allow for critical works such as inspections, repairs, and upgrades to key equipment and systems.
The Ministry explained that these activities will help improve the plant’s efficiency and overall performance.
To ensure the shutdown does not affect power supply, the Ministry said it is working with key players in the energy sector to deploy alternative fuel sources.
It assured the public that these measures will help keep electricity supply stable across the country.
The Ministry reaffirmed its commitment to maintaining reliable power supply and promised to give regular updates on the progress of the maintenance.
By: Jacob Aggrey
