• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, July 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

CAP supports over 120,000 businesses impacted by the pandemic- NBSSI

August 28, 2020
Stephen M.Cby Stephen M.C
in Vaultz Business
0
CAP supports over 120,000 businesses impacted by the pandemic- NBSSI

Executive Director of NBSSI, Mrs. Kosi Yankey-Ayeh

The Executive Director of NBSSI, Kosi Yankey-Ayeh has revealed that approximately 120,000 individuals have so far been furnished with funds from government’s Coronavirus Alleviation Programme Business Support Scheme (CAP).

Addressing the national regional executives of the Association of Small Scale Industries (ASSI) on the disbursement of the CAP, Mrs. Yankey noted her outfit has substantial evidence in backing the claim of monies disbursed to support businesses.

 “The CAP BuSS as you all know started in May and has been ongoing. As we speak, over 120, 000 people have benefited. Every district in this nation has at least one person who has benefited. Every region in this nation has received funding and we have all the documentation and list of beneficiaries available as well to showcase those who have benefited”.

Commenting on this, the General Secretary of the Association of Small Scale of Industries (ASSI), Abdallah Samari, stated that stimulus package has alleviated the plight of most of its members from the hardship the COVID-19 pandemic had on their businesses.

RelatedPosts

Ghana Launches Investment Mapping Project to Boost District-Level Economic Growth

24-Hour Economy Policy Alone Not Enough – GNCCI Warns

Business and Investor Confidence Rebounding in Ghana – AGI

 “The pandemic stopped most of them from doing business but the support from the government has really helped most of them to enable them raise their business up again. We thank the government of Ghana for such an opportunity and thank our mother association which is the NBSSI. We really appreciate what they have done. The CAP BuSS has really come to support most of our members”.

Meanwhile, some beneficiaries from the Scheme acknowledged receiving the support and lauded both the government and the NBSSI for the opportunity given them to recover their operations.

“I was able to receive the CAP BuSS support through the association. So I want encourage all my colleagues to join associations so they are able to access any kind of funds that are available. I want to thank the NBBSI for this opportunity. I am extremely grateful”, one beneficiary stated.

The NBSSI being a non-profit organization under the Ministry of Trade and Industry over the last three years, has achieved many significant milestones such as the training of 65,000 youth, of which women accounted for 62 per cent.

This was done through innovation hubs, apprenticeship programmes, access to international export markets and providing approximately GHS70 million worth of funding.

Tags: ASSIBusinessesCAPNBSSI
Please login to join discussion
Previous Post

UN Calls on India to Lead the Shift To Renewable Energy and the Fight Against Climate Change

Next Post

Government Sued Over PDS Contract Termination

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Dr. Rasheed Draman, NDC, Majority
General News

NDC’s Parliamentary Majority Prompts Mixed Reactions From Experts

July 14, 2025
Ghana Faces Identity Crisis After Hiplife Decline
Entertainment

Ghana Faces Identity Crisis After Hiplife Decline

July 14, 2025
Argentinian President Lauds Israeli Military’s Latest Captive Release
Europe

Criticisms Of Planned “Humanitarian City” In Gaza Grow

July 14, 2025
Nigeria Draws the Line in U.S. Deportation Dispute
Africa

Nigeria Draws the Line in U.S. Deportation Dispute

July 14, 2025
by-election reforms suggested
General News

Calls Grow For Ghana’s By-Election Overhaul

July 14, 2025
Ghana’s President John Dramani Mahama
General News

Mahama Rallies AU Leaders for Reparative Justice, African Dignity 

July 14, 2025
Dr. Rasheed Draman, NDC, Majority
General News

NDC’s Parliamentary Majority Prompts Mixed Reactions From Experts

by Silas Kafui AssemJuly 14, 2025
Ghana Faces Identity Crisis After Hiplife Decline
Entertainment

Ghana Faces Identity Crisis After Hiplife Decline

by Esther Korantemaa OffeiJuly 14, 2025
Argentinian President Lauds Israeli Military’s Latest Captive Release
Europe

Criticisms Of Planned “Humanitarian City” In Gaza Grow

by Comfort AmpomaaJuly 14, 2025
Nigeria Draws the Line in U.S. Deportation Dispute
Africa

Nigeria Draws the Line in U.S. Deportation Dispute

by Lawrence AnkutseJuly 14, 2025
by-election reforms suggested
General News

Calls Grow For Ghana’s By-Election Overhaul

by Lilian AhedorJuly 14, 2025
Ghana’s President John Dramani Mahama
General News

Mahama Rallies AU Leaders for Reparative Justice, African Dignity 

by Evans Junior OwuJuly 14, 2025
Dr. Rasheed Draman, NDC, Majority
Ghana Faces Identity Crisis After Hiplife Decline
Argentinian President Lauds Israeli Military’s Latest Captive Release
Nigeria Draws the Line in U.S. Deportation Dispute
by-election reforms suggested
Ghana’s President John Dramani Mahama
[/vc_row_inner]

Recent News

  • NDC’s Parliamentary Majority Prompts Mixed Reactions From Experts
  • Ghana Faces Identity Crisis After Hiplife Decline
  • Criticisms Of Planned “Humanitarian City” In Gaza Grow
  • Nigeria Draws the Line in U.S. Deportation Dispute
  • Calls Grow For Ghana’s By-Election Overhaul
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.