Close Menu
MyGhanaDaily
    Facebook X (Twitter) Instagram
    MyGhanaDaily
    Friday, August 7
    Trending
    • Coalition of 25 States Takes Trump Administration to Court Over Import Duties
    • Ghana’s TVET System Gets Digital Boost Through GETFund-UNESCO Partnership
    • 11 Excavators Confiscated as Bono REGSEC Steps Up Galamsey Operations
    • Jude Michelle Makes History as Second Woman to Lead KNUST SRC
    • Inflation Falls to 4.6% in July, First Decline After Three-Month Rise
    • Korle Bu Records 553 Road Crash Cases in First Half of 2026
    • Obuasi SHTS Headmaster Seriously Injured in Student Assault
    • Foreign Affairs Ministry Announces New UAE Work Visa Requirement
    Janelle Coronation
    • News
    • Business
    • Entertainment
      • Music
      • Movies
      • Fashion
      • Celebrity news
    • Sports
    • Health
    • Technology
    • Agriculture
    • Opportunities
    • Videos
    • More
      • Education
      • Tourism
      • History
      • Feature
      • Opinion
      • World
    MyGhanaDaily
    Home»Business»YEA disburses GH¢12 million to 40 companies – Under Youth in Garments, Textiles Module
    Business

    YEA disburses GH¢12 million to 40 companies – Under Youth in Garments, Textiles Module

    MGD NewsBy MGD NewsAugust 31, 2023No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    The Youth Employment Agency (YEA) has disbursed GH¢12 million to 40 large-scale companies and 500 small and medium-sized tailors and seamstresses for their training under the Youth in Garments and Textiles Module.

    To begin with, the YEA yesterday presented GH¢92,850 out of the amount to 20 large-scale companies that will provide the training.

    Send your stories to Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140

    In addition, GH¢18,000 was presented to 20 small and medium-sized mastercraft tailors and seamstresses who will also assist in the training.

    At a presentation ceremony, the Chief Executive Officer of the YEA, Kofi Baah Agyepong, said his outfit would complete the disbursement of funds by the middle of September this year by which time all the trainees would have been posted to the various firms.

    Regions

    He said the YEA offices in the various regions and districts would continue with the disbursement of the funds until the middle of the month.

    “So today’s ceremony is to give them the support we promised them about two weeks ago and that the big companies received a little over GH¢ 92,000, while the small and medium-sized seamstresses and tailors are receiving a little over GH¢18,000,” he explained.

    Mr Agyepong noted that the training for the registered beneficiaries would be for two years and that while they went through the training, they would be part of the YEA beneficiaries and also be entitled to an allowance of GH¢500 a month.

    “The YEA is a national agency and we have offices in every district so our people will meet those who applied in their localities, sign an MoU and then we will transfer money into their companies’ accounts.

    We are not doing mobile money, and we are not doing personal transactions.

    Every money will be paid into the company’s account,” he explained.

    Mr Agyepong said the 500 small-scale seamstresses and tailors would train about 1,000 to 1,500 people, while the 40 companies trained the rest.

    He explained that after the training the 40 big companies would absorb those who had been trained.

    He said yesterday’s event was just a ceremony for the people in Greater Accra and that the rest would be disbursed in other parts of the country.

    He said all the beneficiary firms had been approved by the Public Procurement Authority which had “advised how much should be given to the rest”.

    “So, we also took their advice and then we are disbursing the funds,” he said, urging the various establishments and companies that the money was for the government and that they would be accountable for it.

    He said the monitoring and evaluation team would be following up on the activities of the firms, and therefore charged them to make judicious use of the money since it was not for free.

    Mr Agyepong said the agency would keep Ghanaians updated on whatever was going on, adding that “this is only the first phase and it is not free money, so help the government to help you.”

    MoU

    A Memorandum of Understanding (MoU) between the beneficiary firms and the YEA was signed to that effect in conformity with the regulations under the initiative.

    Two weeks ago, the YEA launched the garments and textiles module designed to afford beneficiaries the opportunity to receive in-depth knowledge and hands-on training in various aspects of tailoring and dressmaking, including fabric selection, cutting techniques, sewing, garment construction, pattern making and alteration.

    It also targets to directly engage already existing apparel start-ups to support in the implementation process to achieve the desired objectives.

    It will involve on-the-job training in the various skill areas to be undertaken by selected garment and textile partner companies, micro and small-scale seamstresses and tailors who will provide apprenticeship for the youth within their communities.

    Source: myghanadaily

    Send your news stories to
    Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140
    Advertise with us | Follow our WhatsApp channel for more news
    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWinneba University of Education, Winneba gets new Vice-Chancellor
    Next Article NCCE renews call for MMDCEs election
    MGD News

    MGD News  is managed by the Publishing Desk. You can reach us via email; info@myghanadaily.com

    Related Posts

    BoG Sets December 2026 Deadline for Banks to Reduce Bad Loans

    August 4, 2026

    Ghana Reference Rate Edges Up to 10.61% for August, Signalling Stable Lending Conditions

    August 4, 2026

    Bank of Ghana Warns Against 20 Unlicensed Digital Loan Apps, Intensifies Crackdown

    August 3, 2026
    LATEST NEWS
    • Coalition of 25 States Takes Trump Administration to Court Over Import Duties
    • Ghana’s TVET System Gets Digital Boost Through GETFund-UNESCO Partnership
    • 11 Excavators Confiscated as Bono REGSEC Steps Up Galamsey Operations
    • Jude Michelle Makes History as Second Woman to Lead KNUST SRC
    • Inflation Falls to 4.6% in July, First Decline After Three-Month Rise
    SPORTS NEWS

    Teenager Gwen Klu to Represent Ghana at Billie Jean King Cup in Botswana

    July 13, 2026

    MILO U-13 Champions League Returns After Five-Year Break

    November 17, 2025

    2026 FIFA WCQ: Ghana beats Mali

    September 9, 2025

    The Black Stars Podcast: A six-part dive into Ghana’s football history, struggles and sparks of glory

    August 30, 2025

    2026 World Cup qualifiers: Black Stars set to open camp on September 1

    August 27, 2025
    Site Search
    • About
    • Privacy
    • Terms of Service
    • Contact
    Latest News

    Coalition of 25 States Takes Trump Administration to Court Over Import Duties

    August 6, 2026

    Ghana’s TVET System Gets Digital Boost Through GETFund-UNESCO Partnership

    August 6, 2026

    11 Excavators Confiscated as Bono REGSEC Steps Up Galamsey Operations

    August 6, 2026

    Jude Michelle Makes History as Second Woman to Lead KNUST SRC

    August 6, 2026
    About
    About

    myghanadaily.com is one of Ghana’s fastest-growing news platforms, delivering high-quality, creative, and independent news

    Contact us: info@myghanadaily.com

    We're social, connect with us:
    [social]
    [social]
    [social_icon link="https://web.facebook.com/myghanadaily" target="_blank" title="Facebook" type="facebook" /]
    [social_icon link="https://twitter.com/myghanadaily" title="Twitter" type="twitter" /]
    [social_icon link="https://www.instagram.com/myghanadaily/" title="Instagram" type="instagram" /]
    [social_icon link="https://www.linkedin.com/company/ghanadaily/?viewAsMember=true" title="LinkedIn" type="linkedin" /]
    [social_icon link="https://www.youtube.com/channel/UC_7Vo_hD-KN5TelebUlHthw?view_as=subscriber" title="Youtube" type="youtube" /]
    [social_icon link="https://medium.com/ghana-stories" title="medium" type="medium"]
    [/social]

    Popular Posts

    Coalition of 25 States Takes Trump Administration to Court Over Import Duties

    August 6, 2026

    Ghana’s TVET System Gets Digital Boost Through GETFund-UNESCO Partnership

    August 6, 2026

    11 Excavators Confiscated as Bono REGSEC Steps Up Galamsey Operations

    August 6, 2026

    © 2020-2024. MyGhanaDaily. All Rights Reserved

    • About
    • Privacy
    • Terms of Service
    • Contact
    Recent Posts
    • Coalition of 25 States Takes Trump Administration to Court Over Import Duties
    • Ghana’s TVET System Gets Digital Boost Through GETFund-UNESCO Partnership
    • 11 Excavators Confiscated as Bono REGSEC Steps Up Galamsey Operations
    • Jude Michelle Makes History as Second Woman to Lead KNUST SRC
    • Inflation Falls to 4.6% in July, First Decline After Three-Month Rise
    Like Us On Facebook
    Loading...
    • Facebook
    • Twitter
    • Instagram
    Banner
    © 2019 -2025 Copyright | MyGhanaDaily.com

    Type above and press Enter to search. Press Esc to cancel.