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Coronavirus Alleviation Program
The Coronavirus Alleviation Program Business Support Scheme (CAPBuSS) was launched in Ghana on 19 May 2020 by President Nana Akufo-Addo. It was formed as part of Ghana's government's intention of providing support to MSMEs who were affected by COVID-19 pandemic. It was presented by an agency under the Ministry of Trade and Industry in Ghana called NBSSI. The president announced GH¢1 billion after it was approved by the parliament of Ghana. The NBSSI ended the disbursement of funds in January 2021. Objectives The objectives of the scheme are to provide emergency relief fund for MSMEs and entrepreneurs in Ghana, establish a comprehensive and financially sustainable emergency relief fund package for MSMEs and provide them with technical assistance to ameliorate the impact of COVID-19. Categories The fund is said to be categorized into two loans with an interest rate of 3% which is payable within two years. * Anidaso Soft Loan was meant for firms that are larger than micro-bus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nana Akufo-Addo
Nana Addo Dankwa Akufo-Addo ( ; born 29 March 1944) is a Ghanaian politician who has served as the president of Ghana since 7 January 2017. In 2020, he was re-elected for his second term, which will end on 6 January 2025. Akufo-Addo previously served as Attorney General from 2001 to 2003 and as Minister for Foreign Affairs from 2003 to 2007 under the Kufuor-led administration. He was elected as the Economic Community of West African States (ECOWAS) chairman on 7 September 2020. He was re-elected for a second term as the Economic Community of West African States (ECOWAS) Chairman on 2 February 2021. He ended his term on 3 July 2022. Akufo-Addo first ran for president in 2008 and again in 2012, both times as the candidate of the New Patriotic Party (NPP). He lost on both occasions to National Democratic Congress' candidates: John Evans Atta Mills in 2008 and John Dramani Mahama in 2012. After the 2012 general elections, he refused to concede and proceeded to court to challeng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Trade And Industry (Ghana)
Ministry of Trade and Industry (MOTI) is a government ministry of Ghana, headquartered in Accra. The Minister for Trade and Industry is the Ghana government official responsible for running the ministry. The ministry is responsible for advising the government on the private sector development, trade and the industry formation within the local and the international front. it also sees to the formulation and implementation of policies as well as representing the government in the international duties and bodies like the World Trade Organization. The ministry has eight division headed by the Chief Director and have three other units that aid in the smooth running of the ministry namelylegal, Internal audit and Communications and Public Affairs.ref> List of Ghanaian Trade Ministers See also * Ministers of the Ghanaian Government Notes * – Role was merged with the Ministry of Finance in October 1961 * - Ken Ofori-Atta Kenneth Nana Yaw Ofori-Atta (born 7 November 1958), is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Board For Small-Scale Industries
The Ghana Enterprises Agency (GEA) is a Ghanaian government agency under the Ministry of Trade and Industry. The GEA is mandated by the Ghana Enterprises Agency Act, 2020 (Act 1043) to promote and develop MSMEs in Ghana. It replaced the National Board for Small-Scale Industries (NBSSI). Its aim is to interrelate, administer and stimulate the development of Micro, Small, and Medium Scale Enterprises (MSMEs). GEA is headed by Kosi Yankey-Ayeh, the first CEO and former executive director of the erstwhile NBSSI. The Persons With Disabilities (PWD) Enterprise Support Programme to help improve businesses owned by PWDs was launched in 2023 by Ghana Enterprise Agency (GEA) and is being supported by the World Bank on a programme titled Ghana Economic Transformation Project. Resources and Coverage * The GEA has offices across the regions and about 178 districts in Ghana namely Ahafo region, Ashanti region, Central region, Upper East region, Volta region, Greater Accra region, Savannah ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of Ghana
The Parliament of Ghana is the legislative body of the Government of Ghana. History Legislative representation in Ghana dates back to 1850, when the country was a British colony known as Gold Coast. The body, called the Legislative Council, was purely advisory as the Governor exercised all legislative and executive powers. Reforms were introduced in 1916 and 1925, although the governor's power remained extensive. In 1946, a new constitution was introduced that allowed for an unofficial member of the Legislative Council to become its president while the governor ceased to be the ''ex officio'' president of the body. This system continued until 1951 when the Legislature elected its first Speaker - Sir Emmanuel Charles Quist. 1951 was also the first year that elections based on universal suffrage were held. The Convention People's Party (CPP), which was formed in 1949 and led by Kwame Nkrumah, won the election. Another party, the United Gold Coast Convention (UGCC) led by J.B. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mastercard Foundation
The Mastercard Foundation is an international non-governmental organization established by Mastercard in 2006. The organization, which is based in Toronto, Ontario, has supported work in 49 countries. In 2018, Mastercard Foundation shifted to a specific focus on Africa, through its Young Africa Works strategy. The foundation develops programs primarily focused on reducing gender and economic inequality, expanding access to quality education, increasing the opportunities for decent work, and supporting overall economic growth. Funding is primarily managed with bilateral allocations through post-secondary institutions, research institutes, non-governmental organizations and the private sector, plus multilateral allocations through organizations like the numerous United Nations entities under the United Nations Sustainable Development Group. Creation In May 2006, Mastercard Incorporated held its initial public offering (IPO), offering 46 percent of the voting shares to the mark ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic In Ghana
The COVID-19 pandemic in Ghana is part of the worldwide pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The first two cases in Ghana were confirmed on 12 March 2020, when two infected people came to Ghana, one from Norway and the other from Turkey. Background On 12 January 2020, the World Health Organizationbr>(WHO)confirmed that the novel coronavirus was the cause of a respiratory illness that affected a cluster of people in Wuhan City, Hubei Province, China. This was reported to the WHO on 31 December 2019. On 11 March 2020, the World Health Organization declared the novel COVID-19 a pandemic. Timeline and highlight of events Some of the highlights of events over the months after Ghana recorded its first case are mentioned below. March 2020 This month saw the first confirmed cases and an initial response from Ghana's government. Joint meetings among major stakeholders were conducted as well as training sess ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Policy Of The Nana Akufo-Addo Administration
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was identified in Wuhan, China, in December 2019. The disease quickly spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 are variable but often include fever, cough, headache, fatigue, breathing difficulties, loss of smell, and loss of taste. Symptoms may begin one to fourteen days after exposure to the virus. At least a third of people who are infected do not develop noticeable symptoms. Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms ( dyspnea, hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms ( respiratory failure, shock, or multiorgan dysfunction). Older people are at a higher risk of developing seve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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