NBSSI Archives - Wontumi Online

17 Jun

NBSSI Is Fraud…It Nearly Cost NPP 2020 Elections- NPP Chairman Speaks Out

Kakra NunuBusiness, FeaturedNBSSI, NPP, President Akufo-Addo

The Bono regional Chairman for the New Patriotic Party, Kwame Baffoe Abronye has warned that the National Board for Small Scale Industries (NBSSI) scheme is a fraud venture that nearly cost the party the 2020 general elections. He has therefore called on President Nana Addo Dankwa Akufo-Addo to scrap the scheme since they never performed their role well prior to the 2020 elections; leading to most people becoming disgruntle. In an open address to President Akufo-Addo on the Nsempa Fie show on Wontumi TV, Chairman Abronye accused Ms Kosi Antwiwaa Yankey, who is the acting Executive Director of the NBSSI…

19 Jan

NBSSI Opens Application For SMEs For Covid-19 Digitalization Support

Wontumi2BusinessNBSSI

The National Board for Small Scale Industries have open up an application portal for Micro, Small and Medium enterprises to seek support for their innovation and digitalization drive. The scheme initiated by the National Board for Small Scale Industries in partnership with the German Cooperation’s ‘Invest for Jobs’ (an initiative of the German Federal Ministry for Economic Cooperation and Development), is expected to equip more than five hundred MSMEs in the country to have their businesses online and make use of digital channels. This follows the devastating effect of the covid 19 on physical businesses. Executive Director of the NBSSI,…

06 Jan

More Than 15,200 MSMEs Benefit From NBSSI COVID-19 Recovery Programme

Wontumi2BusinessNBSSI

More than 15,228 beneficiaries have received support both in grants and loans from the NBSSI/ Mastercard Foundation COVID-19 Recovery and Resilience Programme (Nkosuo). The programme forms part of a partnership between the National Board for Small Scale Industries (NBSSI) and the Mastercard Foundation and focuses on supporting MSMEs and start-ups in sectors such as Agriculture and Agro-businesses, Water and Sanitation, and Healthcare and Pharmaceuticals. Other sectors are Garment and Personal Protective Equipment, the Creative Arts Industry, Manufacturing, Food and Beverage, among others to recover from the economic shock of the pandemic. The beneficiaries, who received amounts not exceeding GH¢2,000, are…

31 Dec

Eni Ghana And Partners Join NBSSI To Support MSMEs In The Ellembelle District

Wontumi2BusinessEllembelle District, Eni Ghana, NBSSI

Eni Ghana, on behalf of its OCTP partners Vitol and GNPC, has signed a cooperation agreement with the National Board for Small Scale Industries (NBSSI) to support Micro, Small and Medium Enterprises (MSMEs) in the Ellembelle District, Western region. A statement issued by the partners said under the agreement, 800 MSMEs would get entrepreneurship, financial literacy and technical skills training. The initiative will benefit youth in ten coastal communities neighboring Eni Ghana’s area of operations, namely Sanzule, Krisan, Eikwe, Bakanta, Atuabo, Anokyi, Asemda, Ngalekpoley, Ngalekyi and Baku, fostering innovation and the adoption of new technologies amongst MSMEs to enable them…

22 Dec

NBSSI Supporting Business Growth In Upper West Region

Wontumi2BusinessNBSSI, Upper West Region

Mr Mohammed Moomin, the Upper West Regional Manager of the National Board for Small Scale Industries (NBSSI), said his outfit is working to help facilitate the growth of businesses in the Region. He said as part of their mandate, they were providing regular technical and managerial capacity building for business operators in the Region, which was a core component of business development and sustainability. Mr Moomin said this in an interview with the Ghana News Agency (GNA) in Wa on the side-lines of a training programme for pre-packaged food and sachet water producers in the Region, organised by the Food…

17 Dec

MasterCard Foundation Collaborates With NBSSI To Train Youth

Wontumi2BusinessMasterCard Foundation, NBSSI

MasterCard Foundation in collaboration with the National Board for Small Scale Industries (NBSSI) has organised an orientation for skilled mastercraft personnels. The programme is part of moves to implement Young Africa Works which aims to train 39,000 youth by 2022. Greater Accra Regional Coordinator for Young Africa works, Jemima Arthur told JoyBusiness that the programme will equip skilled craft professionals to handle the Apprenticeship to Entrepreneurship (A2E) initiative. She explained that the A2E programme is among many projects aimed at reducing unemployment especially in the youth. Speaking on the sideline, Coordinator for Apprenticeship to Entrepreneurship project, Cynthia Debrah, said her…

16 Nov

NBSSI and GIZ sign 1.5 million Euros grant agreement to promote SME Development

Wontumi2BusinessGIZ, NBSSI

The National Board for Small Scale Industries (NBSSI) and the German Development Agency (GIZ) have signed a 1.5 million Euro grant agreement to support Small and Medium-sized Enterprises (SMEs) in Ghana. The grant agreement dubbed ‘COVID-19 SME Innovation and Digitalisation Support Scheme,’ is expected to provide Ghanaian SMEs with digital solutions as a strategy to adapt to emerging market demands brought about by the COVID-19 pandemic. A third partner, the Digital Transformation Centre, also implemented by GIZ Ghana, will be responsible for supporting this project with technical expertise to implement digital solutions. The COVID-19 SME Innovation and Digitalisation Support Scheme…

04 Nov

NBSSI converted to Agency after passage of Ghana Enterprises Agency Bill

Wontumi2BusinessNBSSI

Parliament has approved the Ghana Enterprises Agency Bill under a certificate of urgency. The House, last week, determined that the Bill be passed under a certificate of urgency due to its importance. The Ghana Enterprises Agency Bill will convert the National Board for Scale for Small Industries (NBSSI) into an agency to oversee, coordinate, promote and develop Micro, Small and Medium Enterprises (MSMEs). According to a Deputy Minister of Trade and Industry, Robert Ahomka-Lindsay, the conversion of NBSSI into a fully-fledged agency is aimed at formalizing the MSME sector to make it easier for players in that sector to access…

28 Oct

400,000 Businesses Apply For Nkosuo Support From NBSSI

Jackson Odom KpakpoBusinessNBSSI

400,000 Businesses Apply For Nkosuo Support From NBSSI More than 400,000 businesses have applied for support under’Nkosuo’, a new COVID-19 Recovery and Resilience programme introduced to cushion Micro, Small and Medium Enterprises (MSMEs) from the impact of the pandemic. They are requesting in excess of GH?2 billion cedis although the programme being run by the National Board for Small Scale Industries (NBSSI) has an initial commitment of GH?90 million from its partner, the Mastercard Foundation. The Executive Director of the NBSSI, Mrs Kosi Yankey-Ayeh, made this known to the Ghanaian Times in an interview in Accra on Friday, following…

23 Sep

NBSSI Provides Loans To 200,000 Applicants Under the Anidaso Stimulus Package – Kosi Yankey

Jackson Odom KpakpoBusinessNBSSI

NBSSI Provides Loans To 200,000 Applicants Under the Anidaso Stimulus Package – Kosi Yankey The CEO of the National Board For Small Scale Industries (NBSSI) Madam Kosi Yankey-Ayeh, has revealed that out of the 850,000 Anidaso loan applicants 200,000 have so far been catered for. The Anidaso loan package forms part of the government’s stimulus package initiative introduced at the;peak of the COVID-19 outbreak to support small and medium scale entrepreneurs with some seed money to sustain their businesses. She made the disclosure at the maiden edition of the Nation Building Updates, a government novelty initiative to publicize its achievements…