The Minister for Trade and Industry, Alan Kyeremanteng disclosed to JoyBUSINESS that almost 300 companies are to benefit from the initiative - announced in the 2017 budget as part of special initiatives to revamp and empower local industries.
President of the Chamber of Commerce and Industry, Nana Appiagyei Danka-WosoI told JOY BUSINESS, the move is timely and expressed satisfaction with government’s level of engagement with his outfit in the process.
He said, “The Ministry consulted us to come up with lists of companies that are viable but distressed. So in that response, we have sent the list to the Minister and so they considering some of these companies and we see it as a very, very important and viable move because…”
According to him, the move should provide a boost not only to the beneficiary businesses but government’s job creation agenda.
Latest Stories
-
Power crisis: Amandi is off due to maintenance, not debt – ECG Boss
20 mins -
Votes cast for late Akua Donkor to be declared invalid – Electoral Commission
35 mins -
You can’t keep “incompetent” Otto Addo for the long term – Countryman Songo
45 mins -
Joy FM holds 2024 Prayer Summit for Peace
59 mins -
Lady sues Police and AG over assault in custody
2 hours -
Ghana’s railway sector has been revived under my leadership – Akufo-Addo
2 hours -
Next government must enforce C190 – Women Economic Dialogue Forum
3 hours -
NCCE engages party youth activists at Nandom on peaceful election
3 hours -
SSNIT engages stakeholders on its operations
3 hours -
Defilement: 19-year-old farmer jailed ten years, with hard labour
3 hours -
Bawumia to inaugurate new headquarters of Lands Commission on November 25
3 hours -
Sylvester Tetteh denies demolishing GBC staff bungalow
3 hours -
Signing of peace pact by presidential candidates slated for November 28
3 hours -
Akufo-Addo reiterates commitment to free and fair elections
3 hours -
Climate change impact poses threat to Ghana’s financial stability – BoG Governor
3 hours