Twenty-six thousand entrepreneurs are expected to be trained under the third window of the Presidential Business Support Programme (PBSP), according to the Ministry of Business Development. In collaboration with the National Entrepreneurship and Innovation Plan (NEIP), the Minister, Dr. Ibrahim Awal, announced the opening of the window three programme saying...
Kenya’s private sector activity inched up in May after falling sharply a month earlier because of restrictions to curb the spread of coronavirus, but conditions are expected to worsen in coming months, a survey showed on Thursday. The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) came in at 36.7,...
In between her shifts, Zimbabwean nurse Sinothando Mpofu used to go to Bulawayo’s open-air markets to buy tomatoes and cabbages for her family of nine - until the country’s coronavirus lockdown closed all stalls. Mpofu worried about where she would get fresh food, until she saw a message in her...
It is basic economics. A country, any country, needs a significant amount of income redistribution to maintain a robust economy. In the developed world, this guarantee of income redistribution occurs through taxation programmes which serve the overall benefit of society and economic growth; it creates a large consumer market/class...
The Ghana National Canoe Fishermen’s Council and eight NGOs have called on President Nana Akufo-Addo to intervene to end the damaging illegal fishing practice known as ‘saiko’. This practice, according to them in an open letter sent to the president, is driving crucial fish stocks to the point of collapse...
There is more good news for Micro, Small and Medium Enterprises (MSME) which have been hit hard in amid the COVID-19 economic challenges, as the National Board for Small Scale Industries (NBSSI) has said it will be disbursing the GH¢90million secured together with the Mastercard Foundation. The disbursement will happen right...
New law expected to be passed this year Cybersecurity Authority to be established for strict compliance COVID-19 is not only fast-tracking electronic transactions but also cybersecurity regulations to ensure that as more businesses serve their clients digitally, the cyber space is kept secure and safe from any breech,...
The Institute of Economic Affairs (IEA) has commended the Bank of Ghana’s measures introduced to support banks and the economy deal with impacts from the coronavirus pandemic, including the decision to finance government’s budget. After the country recorded its first coronavirus case in March, and subsequently went into a three-week...
The new Integrated Customs Management System ICUMS is said to have raked in over GH¢177.3 million in revenues at the Tema Port of entry in one week of going live. This comes after the system which some refer to as UNIPASS had successfully processed more than 4,793 Bills of...
Customs officers have re-adopted the manual process of releasing goods to freight forwarders and clearing agents at the country’s busiest sea port, the Tema Port. This is to ease the tension at Tema Port as a result of clearing agents’ inability to clear goods electronically through the new Integrated Customs...

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