Latest News

HospitalityFri, 9 Jul, 21

GH¢55 Million Grant to Support Tourism Operators.

GH¢55 Million Grant to Support Tourism Operators.

The Covid-19 Pandemic cost the global tourism industry over nine hundred billion dollars [$935b] in the first 10 months of 2021. 

Tourism is a backbone of many economies and a lifeline for millions of people around the world and Ghana is no exception, thus according to Dr. Mohammed Awal, The Minister of Tourism Arts and Culture. 

Businesses operating in the tourism sector in Ghana have cumulatively   lost more than GH¢8 billion to the pandemic with estimated 75 percent job loss. 

Dr. Awal, at a press briefing has giving the strongest indication that the government has it in its plans to disburse GH¢55 million grants to players in the tourism industry to support their businesses. 

He said the grant is to support business to bounce back.
In an interview with Real Estate Times Africa, the Tourism Manager of Kakum National Park, Mr. Matthew Awunyo said expressed joy with the initiate by the government.  

Though Kakum National Park is yet to benefit from the initiative Awunyo said the gesture will help the tourism sector to recover from losses.

Kakum is gradually reviving, with local tourists patronizing the facility almost every week, patronage by foreign tourist according to Mr. Awunyo remains low due to covid19, though restrictions have been ease, but the native tourists do come around, hopping that further ease of restrictions coupled with the impending government’s initiative will resuscitate the tourism sector.

 

Source: Nana Agyei Sikapa Ofosu-Manu(Real Estate Times Africa)

Welcome, Today is Tue, 30 Nov, 2021

Latest Publication

 The Market

  • Bank

  • Rate

  • Tenure

  • Ecobank

  • 23%

  • Fidelity Bank

  • 22%

  • First National Bank

  • 23%

  • Republic Bank

  • 22%

  • 10yrs

  • Stanbic Bank

  • 20.30%

  • Cement

  • Weight

  • Price

  • Cimaf

  • 50kg

  • GHS 47.00

  • Dangote

  • 50kg

  • GHS 50.00

  • Diamond

  • 50kg

  • GHS 48.00

  • Ghacem

  • 50kg

  • GHS 50.00

  • Pozzolana

  • 50kg

  • GHS 47.00

  • Safe

  • 50kg

  • GHS 47.00

  • Supacem

  • 50kg

  • GHS 47.00

  • Currency

  • Buying

  • Selling

  • GHS - EUR

  • 6.7696

  • 6.7763

  • GHS - GBP

  • 7.9563

  • 7.9648

  • GHS - NGN

  • 70.4182

  • 70.4370

  • GHS - USD

  • 5.8649

  • 5.8707

  • GHS - ZAR

  • 0.3889

  • 0.3893

  • Current

  • Year Ago

  • GDP Growth Rate

  • 4.64%

  • 0.88%

  • Ghana Reference Rate

  • 14.50%

  • 15.50%

  • Inflation

  • 8.97%

  • 9.87%

  • Policy Rate

  • 13.50%

  • 14.50%

  • T-Bill (182 days)

  • 12.4316%

  • 13.2555%

  • T-Bill (364 days)

  • 13.8773%

  • 16.1134%

  • T-Bill (91 days)

  • 12.6100%

  • 12.4701%

Videos

Opinion

Partners

Feedback Form

We would like to hear from you.
Top