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NBSSI Disburses GH¢37m Stimulus Fund To Creative Arts Practitioners


 
The National Board for Small Scale Industries (NBSSI) has disbursed GH¢37 million to creative arts practitioners who applied for loans under the Coronavirus Alleviation Programme Business Support Scheme (CAP BuSS).
The 24,464 beneficiaries have since invested their share of the fund in their respective businesses to save the sector from the negative impact of the COVID-19.
The beneficiaries, who received between GH¢1,000 and GH¢200,000, are from 12 creative arts associations which were supported by the Creative Arts Agency (CAA).
They include people in the garment and textiles sub-sector, photographers, hairdressers and beauticians, musical instruments and electronic dealers, furniture makers, music producers, event and meeting professionals, artisans, smock and Kente weavers, leather dealers and makers, goldsmiths and jewellers, musicians and film producers. ....

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SMEs promise to pay back relief package


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Ghanaian Business associations have confirmed receipt of the government of Ghana stimulus package meant to cushion small and medium scale enterprises (SMEs) from the impact of the coronavirus disease (COVID-19).
They committed to ensure that the beneficiary members used the funds to invest in their operations in line with government’s agenda of supporting businesses affected by the pandemic.
The associations, Ghana Union of Traders Association (GUTA), Ghana National Chamber of Commerce and Industry (GNCCI), Association of Small-Scale Industries (ASSI), Abossey Okai Spare Parts Dealers Association, Creative Arts Agency (CAA), and Sekondi-Takoradi Chamber of Commerce and Industry, sponsored their members to benefit from the stimulus package. ....

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Year in Review: Business breakthroughs of 2020


Business breakthroughs of 2020
It’s been a whirlwind year for Ghana and the whole world at large following the outbreak of the deadly Novel Coronavirus pandemic.
Aside death and complicated health issues, the pandemic has had an immense effect on livelihood, businesses and economies.
Some countries have had to experience a derail in their economies while businesses, both private and government, have had to either close down, lay off workers or keep heads above waters to run smoothly.
In spite of the unforeseen adversity, there have been some positives in the business world. Ranging from new startups to financial assistance, etc. ....

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