Category: Business

r Kwaku Ofori Asiamah, the Minister of Transport, has assured Parliament that the Ministry will continue to engage Delta Airlines to release new aircraft for its operations in Ghana.

The Minister said his team had had discussions with officials of the Airline to improve its service on the Accra-New York route, which had come under criticism.

This follows an urgent question by Alhaji Mohammed-Mubarak Muntaka, the Member of Parliament (MP) for Asawase, as to what led to Delta Airlines flight from Accra to New York making an emergency landing at Praia Da Vitoria (a municipality in the Portuguese archipelago of the Azores).

He wanted to know what measures the Ministry was putting in place to ensure that Delta Airlines stopped using old aircraft in Ghana.

Mr Ofori-Asiamah explained that though some of the Airline’s aircraft on the Accra-New York route could be old, once it was approved by the International Civil Aviation Organisation (ICAO) as air wealthy it would be difficult to tell the Airline not to bring
it here.

‘The government is in discussion with three other airlines who have applied to service the Accra-New York route,’ he said.

The Minister gave the third quarter of 2024 as when those talks would possibly conclude when pushed by some of the MPs to give a definite timeline to the conclusion of those discussions.

Source: Ghana News Agency

CFAO Mobility Ghana has unveiled its newest Service Centre in a groundbreaking move that underlines its commitment to customer-centric excellence.

Nestled strategically on Spintex Road, the Service Centre sits right next to the iconic Action Chapel.

Steeped in a rich 115-year legacy, CFAO Mobility Ghana stands as a pioneer in mobility solutions, boasting an enviable portfolio featuring automotive giants like Mercedes-Benz, Mitsubishi, and Suzuki coupled with world-class aftersales service.

In a news brief, the Company noted that the main Service Centre occupied half an acre of the space.

It said the Centre had an ample parking space covering 800 square metres, which ensured that the customer’s experience, from arrival to departure, was nothing short of seamless.

‘The facility has a spacious and comfortable customer waiting area, with eight technician work bays, stocked with the latest tools and technology. This cutting-edge facility isn’t just another service centre – it’s a haven for aftersales excellen
ce,’ the Company emphasised.

‘At the heart of this new hub lies a commitment to unparalleled service. The facility offers a spectrum of services, from general vehicle servicing to specialised maintenance works catering specifically to Mitsubishi and Suzuki vehicles.

‘It’s more than an expansion; it’s a testament to CFAO Mobility Ghana’s dedication to meeting the dynamic demands of the market,’ the Company said.

It added: ‘This strategic expansion aligns seamlessly with CFAO Mobility Ghana’s customer-centric philosophy embedded in our customer care policy. We are committed to expanding our footprint to remain close to our customers.

‘At CFAO Mobility Ghana, the journey doesn’t end with the drive; it begins with the assurance of expert care and service. This new chapter on Spintex Road isn’t just a service centre; it’s an experience, an ode to CFAO’s unwavering commitment to automotive excellence.’

Mr Adedamola Adelabu, the Managing Director and Country Delegate of CFAO Mobility Ghana, in his opening speec
h, stated that the inauguration of the new facility reaffirmed the Company’s commitment to the core values of Agility, Entrepreneurship, Diversity and Performance.

He encouraged the team, saying: ‘Let us go above and beyond to deliver exceptional service, exceeding the expectations of our customers at every turn.’

Dr Adam Tettey Larbie, the National Service Manager, highlighted some important features of the new service centre, that met international standards.

‘Safety is emphasised through the design and operations of the facility, which boasts ten working bays with a capacity to handle up to 70 cars in a day, while customers also have the opportunity to observe the work being done on their vehicles,’ he said.

To find the New Spintex Service Centre, customers coming from the Airport should take the turning in front of Action Chapel, and then locate the CFAO Spintex Service Centre on the right.

Customers coming from the East Legon Tunnel, can find the facility on the right, just before Action Chapel.

Th
e Service centre is open from Monday to Friday from 0730 hours to 1700 hours, each day.

For inquiries and more information, one can reach the Company on 0303957067 or 0303957081.

Source: Ghana News Agency

In recent years, Africa has witnessed a remarkable surge in the popularity of online sports betting, bringing with it a wave of excitement, opportunity, and, of course, risk.

This trend is largely fueled by advancements in technology and increased internet connectivity, making it easier for people across the continent to engage in this thrilling pastime.

Among the various aspects of betting, the meaning of high odds is crucial; these represent a lower probability of an event occurring but promise higher rewards if the predictions turn out correct.

With a burgeoning youth demographic enthusiastically embracing technological innovations, Africa is rapidly becoming a hotbed for online sports betting. The ubiquitous nature of mobile devices means that bets can be placed conveniently, anytime and anywhere, leading to an unprecedented increase in participation rates.

The industry’s momentum is further propelled by the integration of mobile money services, simplifying transactions and lowering the entry barrier
for prospective bettors who might not have traditional banking access.

Exploring the vibrant world of online sports betting in Africa

The sports betting landscape in Africa is characterized by its rapid growth and incredible diversity, ranging from football and rugby to cricket and beyond. This growth is a true testament to cross-cultural communication and community. Many Africans have discovered sports betting to be a way to connect more deeply with their favorite sports, while others see it as an avenue for leisurely entertainment.

However, the charm of big wins carries with it the necessity for responsible betting, underscoring the importance of balance in this rapidly expanding industry.

How sports betting is changing the game for fans and athletes alike

Online betting platforms have heralded a new era for sports enthusiasts and athletes, offering more than just the opportunity to place bets. These platforms provide in-depth analytics and insights into games, enhancing fans’ engagement and altering t
he way athletes and games are viewed.

On the flip side, this has also increased the pressure on players and teams, as their performance directly impacts the outcomes of countless bets worldwide. The increased attention can benefit lesser-known sports, but it also raises questions about maintaining integrity and fairness in the game.

Bridging cultures through the global fascination with sports betting

The universal appeal of sports betting has the unique ability to bridge diverse cultures, connecting individuals across continents through their shared passion. The adoption of international betting practices by local markets, and vice versa, illustrates a fascinating exchange of cultures.

Illustrative is the story of a Kenyan football fan betting on a match in the English Premier League, or a European bettor placing a wager on an African cup match. This cross-cultural engagement highlights the unifying language of betting, transcending geographical and cultural barriers.

The impact of online betting on loca
l sports and communities

One cannot overlook the profound impact that online betting has had on local sports leagues and communities throughout Africa. The enthusiasm generated by betting has significantly increased viewership and engagement in local sports, providing a much-needed boost.

Moreover, the economic benefits are undeniable, with both winners and betting companies contributing to the local economy. Yet, this boom also necessitates a careful approach to managing the social challenges it brings, particularly the risk of gambling addiction among the youth.

Technological advances and the future of sports betting

The journey of sports betting from traditional bookmakers to the digital platforms of today is a fascinating saga of evolution and innovation. Technology has not only made betting more accessible but has also enriched the experience with features like live betting and instant updates, making it more engaging than ever before. This transition represents a significant shift in how fans intera
ct with their favorite sports, marking a new chapter in the long and storied history of sports betting.

Source: Ghana News Agency

The Cameroon Development Corporation (CDC) has reached a milestone performance in the Banana sector by exporting a record 3, 347 tons of banana in January 2024 since resuming activities in June 2020. This outstanding performance is thanks to its workers who have been constantly complaining of poor treatment by the management, thereby multiplying a number of strike actions demanding months of unpaid salaries. The recent protest staged by workers of the state-owned company was in April 2023 when the Alliance of CDC Workers declared 10 days of industrial action. The aim was to raise awareness of their sufferings to the national and international communities.

This is the third time the company’s banana export goes above 3,000 tons since resuming activities some four years ago after the 3,103 tons exported in December 2022 and the 3,302 tons exported in December 2023.

According to figures from the National Banana Producers Association (ASSABACAM), the Banana sector exported a total of 22,521 tons in January 2024
with the CDC recording its best performance despite the security challenges that have crippled the company for the past years.

Here are details of January 2024 banana exports per company :

Upper Penja Plantations – 16 875 tons

CDC – 3 347 tons

Mondonie Banana company – 946 tons

Boh Plantations – 1 353 tons

The January 2024 performance is a decrease as compared to December 2023 which saw an export of 25 503 tons, making a difference of 2 982 tons.

Worthy to note is the fact that the CDC’s activities were halted in September 2018 due to the socio-political crisis rocking the English-speaking regions of Cameroon.

Source: Cameroon News Agency

The Cameroon Development Corporation (CDC) has reached a milestone performance in the Banana sector by exporting a record 3, 347 tons of banana in January 2024 since resuming activities in June 2020. This outstanding performance is thanks to its workers who have been constantly complaining of poor treatment by the management, thereby multiplying a number of strike actions demanding months of unpaid salaries. The recent protest staged by workers of the state-owned company was in April 2023 when the Alliance of CDC Workers declared 10 days of industrial action. The aim was to raise awareness of their sufferings to the national and international communities.

This is the third time the company’s banana export goes above 3,000 tons since resuming activities some four years ago after the 3,103 tons exported in December 2022 and the 3,302 tons exported in December 2023.

According to figures from the National Banana Producers Association (ASSABACAM), the Banana sector exported a total of 22,521 tons in January 2024
with the CDC recording its best performance despite the security challenges that have crippled the company for the past years.

Here are details of January 2024 banana exports per company :

Upper Penja Plantations – 16 875 tons

CDC – 3 347 tons

Mondonie Banana company – 946 tons

Boh Plantations – 1 353 tons

The January 2024 performance is a decrease as compared to December 2023 which saw an export of 25 503 tons, making a difference of 2 982 tons.

Worthy to note is the fact that the CDC’s activities were halted in September 2018 due to the socio-political crisis rocking the English-speaking regions of Cameroon.

Source: Cameroon News Agency

The Cameroon Development Corporation (CDC) has reached a milestone performance in the Banana sector by exporting a record 3, 347 tons of banana in January 2024 since resuming activities in June 2020. This outstanding performance is thanks to its workers who have been constantly complaining of poor treatment by the management, thereby multiplying a number of strike actions demanding months of unpaid salaries. The recent protest staged by workers of the state-owned company was in April 2023 when the Alliance of CDC Workers declared 10 days of industrial action. The aim was to raise awareness of their sufferings to the national and international communities.

This is the third time the company’s banana export goes above 3,000 tons since resuming activities some four years ago after the 3,103 tons exported in December 2022 and the 3,302 tons exported in December 2023.

According to figures from the National Banana Producers Association (ASSABACAM), the Banana sector exported a total of 22,521 tons in January 2024
with the CDC recording its best performance despite the security challenges that have crippled the company for the past years.

Here are details of January 2024 banana exports per company :

Upper Penja Plantations – 16 875 tons

CDC – 3 347 tons

Mondonie Banana company – 946 tons

Boh Plantations – 1 353 tons

The January 2024 performance is a decrease as compared to December 2023 which saw an export of 25 503 tons, making a difference of 2 982 tons.

Worthy to note is the fact that the CDC’s activities were halted in September 2018 due to the socio-political crisis rocking the English-speaking regions of Cameroon.

Source: Cameroon News Agency

The Atlantic Lithium Company has advanced feasibility studies for the revamp of the defunct Saltpond Ceramics Company in the Mfantseman Municipality, Mr Antwi Boasiako, the Social Performance Manager of Atlantic Lithium Ghana has said.

The move, he indicated formed part of Atlantic Lithium’s diversification and empowerment strategy to accelerate the pace of socio-economic development of the area for mutual gain.

Aside from job creation, reducing poverty and provision of social amenities, he said the Ceramics factory would maintain a balance of imported and exported ceramic goods.

Speaking in an interview with the Ghana News Agency, he said the development was in tune with the traditional authorities’ request for lithium for factories to accelerate development beyond the 15-year operational span of the company.

‘The Company is committed to diversification, and we are doing a feasibility study to explore the potential that can be harnessed to move into industrial activities outside lithium as requested by t
he traditional authorities.

‘One of such potential factories is the revamping of the existing ceramic factory, which has been turned into a paper packaging company.’

He said the abundant feldspar deposits in Ghana, particularly in the Mfantseman Municipality as raw material for ceramic would be the anchor for setting up the factory.

Feldspar is used as a fluxing agents to form a glassy phase at low temperatures and as a source of alkalis and alumina in glazes.

They improve the strength, toughness, and durability of the ceramic body, and cement the crystalline phase of other ingredients, softening, melting, and wetting other batch constituents.

‘Atlantic Lithium is optimistic about the buoyancy of the ceramic factory because one of the key things for setting up a factory is constant raw material supply. If you have an industry without raw materials, then you have failed from day one.

‘Fortunately, we have it in abundance,’ he said.

Touching on some interventions to empower the communities, he said per t
he mining lease agreement, Atlantic Lithium Company was expected to pay one per cent of its revenue into a Community Development Fund.

The amount would be utilised for the development of communities impacted by its operations and work to establish a chemical plant for processing lithium.

‘There is potential for local industrialisation from the application of the Community Development Fund.

‘This will encourage the growth of other industries and sectors such as construction, transportation and hospitality,’ he stated.

Mr Boasiako said the company acknowledged the impact of mining on host communities and was committed to ensuring the communities as well as Ghanaians who were by law the owners of the minerals benefited from them.

He pledged the company’s readiness to adhere strictly to the country’s mining laws and the agreement reached with the government and ensure it engaged in responsible, sustainable, and environmentally sound mining practices.

After seven years of exploratory activities, all is set f
or the mining of lithium to start in commercial quantities, with improved terms for the country.

The $250-million project, located at Ewoyaa in the Mfantseman Municipality is expected to commence production by 2025 for 15 years.

The government inked a deal with Barari DV Ghana Limited, a subsidiary of Atlantic Lithium Limited, which includes a royalty rate of 10 per cent and a free carried interest of 13 per cent incorporates new and enhanced terms intended to ensure that the country benefited, optimally, from the mineral.

Source: Ghana News Agency