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first_imgGhana’s longest-serving leader, former flight lieutenant Jerry John Rawlings, who died on Thursday, had an enduring legacy as ‘the man of the people’.He twice seized power in Ghana but returned the country to democratic control.- Advertisement – – Advertisement – Through decades of speeches and interviews, this is how he spoke of his vision for Ghana and for Africa.last_img

first_imgRetail sales have dropped 64 percent, according to data from the Office of the Coordinating Economic Affairs Minister.Meanwhile, to anticipate new customer behavior, APPBI has urged retailers to look to digital channels to reach consumers.During the health crisis, Indonesian consumers have relied on online delivery platforms to purchase groceries and food instead of visiting supermarkets.Minimarket chain Alfamart marketing director Ryan Alfons Kaloh said that during the PSBB period, 3,000 of Alfamart’s 14,000 outlets nationwide had catered to online orders as a strategy to retain customers.“We have to understand our customers’ needs. What if there is another period of PSBB because of a second wave like in South Korea? Well, we must be ready to change and adapt again,” he said during the same webinar.Meanwhile, Boga Group, which operates more than 150 restaurants in major cities across Indonesia, has provided online delivery services since the government called for shopping malls to close in March.The group’s president director, Kusnadi Raharja, said it had made major changes in its business operations during the pandemic, including transforming almost of all of its restaurants into “cloud kitchens” that cater to online orders.While the group still plans to resume dine-in services at more than half of its restaurants, the rest will continue to cater to online deliveries going forward, including offering ready-to-cook meals, Kusnadi said.“Switching to online deliveries or contactless dine-in services has been quite easy, as we already have the technology, such as online menus and cashless payment. It is just a matter of accelerating the adaptation,” he said.Ready-to-cook meals are among the products that have seen an increase in popularity during the pandemic, while coffee shops have been selling coffee by the liter to keep their businesses afloat.Read also: New layout, new experience: Restaurateurs prepare for reopeningTopics : While the government eases restrictions and reopens the economy, the retail sector will take time to recover as consumers continue to hold fears over COVID-19, an industry association has said.The Indonesian Shopping Center Association (APPBI) stated that it expected shoppers to continue buying their basic necessities when visiting shopping malls and then returning straight home, as has been observed thus far during the pandemic, instead of browsing through shops for leisure, as is the case in normal times.“People are not going to flock to shopping malls straight away because they will still be worried about the pandemic,” APPBI chairman Stefanus Ridwan said during a MarkPlus online webinar on Tuesday. He added that the number of shopping mall visitors had dropped since the country’s first two COVID-19 cases were announced in March. During the pandemic, no less than 190 shopping malls across the country have been temporarily closed, APPBI data show.Meanwhile, starting in June, the government has begun to relax the large-scale social restrictions (PSBB) that were implemented to contain the virus, allowing shopping centers, among other facilities, to open gradually. The Jakarta administration stated that all shopping malls in the city would be allowed to reopen on June 15.However, Stefanus said customers would still need time to adjust to the health requirements of the so-called “new normal”, including wearing a face mask inside malls, practicing physical distancing and using cashless payment.The adjustment period for customers will take around one-and-a-half years, Stefanus added.last_img read more

first_imgIt expects only little growth of 1 percent or even a contraction of 0.4 percent for the full year, depending on the severity of the virus crisis.“This is also the first time that Bank Indonesia bought sovereign debt papers to support the financing of non-public goods,” Deni added.Bank Indonesia (BI) and the government have agreed on a debt monetization scheme worth $40 billion, which will see BI buy at least around $27 billion through private placement to finance the crisis response.Read also: Indonesia raises record high $1.27b from retail bonds saleMeanwhile, credit ratings agency Fitch Ratings affirmed Indonesia’s long-term foreign currency issuer default rating at “BBB with a stable outlook” on Monday, the lower-medium investment grade.Fitch cited a favorable medium-term growth outlook and low government debt-to-GDP ratio against high dependence on external financing among the reasons for retaining the rating but also noted issues around low state revenue and lagging structural indicators.Fitch expects Indonesia’s economy to contract 2 percent this year, before rebounding to 6.6 percent growth in 2021 and 5.5 percent in 2022. The rating agency also forecasts Indonesia’s fiscal deficit to narrow to 5 percent next year and 3.5 percent in 2022, as most of the pandemic-related expenditure is expected to be temporary.Separately, Bank Mandiri economist Andry Asmoro said prudent fiscal policies in recent years had provided room for policies to deal with the impact of the coronavirus, adding that the burden-sharing agreement between the government and the central bank would help reduce the debt burden.“The Fed’s dovish policy, accommodative policies from BI and stable domestic inflation at a low level will all support the domestic bond market,” he said in a note. “Looking ahead, the attractiveness of the domestic bond market could cause a decline in bond yields.” Indonesia raised another Rp 22 trillion (US$1.48 billion) on Tuesday from government bonds to fund the country’s fiscal deficit and the costly fight against the unfolding pandemic, with the central bank participating in the tender.The Finance Ministry received incoming bids of Rp 106 trillion – the second-highest bids volume throughout the year – from both domestic and foreign investors.“The demand for government bonds is being driven by national banks that have ample liquidity and rising participation from foreign investors,” said the ministry’s director for sovereign debt papers, Deni Ridwan, adding that foreign investors made up 33 percent of the incoming bids. Topics :center_img “Rising participation from foreign investors showed that their trust in Indonesia’s economic prospects has begun to recover,” he went on to say.The bond series have varied maturity periods of three months to 28 years, according to the ministry’s data, with yields ranging from 3.25 percent for the three-months tenure to 7.4 percent for 28-year bonds.The government faces the daunting task of raising Rp 990.1 trillion in the second half of this year to cover a fiscal deficit of 6.34 percent of the GDP, as the country reels from the pandemic impact. It raised Rp 22 trillion from a government bond issuance in July.The government has allocated Rp 695.2 trillion for the country’s COVID-19 response to strengthen health care and rescue the economy, which contracted 5.32 percent in the second quarter, marking the first contraction since the first quarter of 1998.last_img read more

first_imgLast year was another golden year for the cruise shipbuilding sector, ASSONAVE, an association representing the majority of the Italian shipbuilding industry, said.The cruise sector closed 2017 with a high level of new orders — 23 ships of over 10,000 CGT compared to 25 in 2016, for a total of 71,200 LB versus 45,162 LB in 2016.Fincantieri, with its subsidiary Vard, acquired twelve ship orders and three units subject to memoranda of agreements.Fincantieri’s orderbook is at the record level of 80 ships, equal to 225,600 LB, for over 9 million CGT, versus 4.2 million CGT at the end of 2007, the year with the highest number of orders before the financial crisis, ASSONAVE said at its latest meeting held in Rome this week.A global shipbuilding sector is beginning to show the first signs of recovery after hitting a 20-year low in 2016. However, the recovery seems to have been patchy — the cruise ship industry remains in excellent shape, the naval and nautical sectors are showing an increasingly promising outlook, the standard and High-Tech ship sector is recovering, but the offshore sector is at a standstill.For these reasons, 2017 could be defined as “the year of selective recovery”, according to ASSONAVE.As explained, trends in recent years reflect the excess in productive capacity that has been mainly created by shipyards in Asia, where state support has led to a dangerous dumping policy. This has generated “speculative” orders by shipowners that proved to exceed the market’s capacity for absorption, and this led to an excess of supply on the part of shipowners and a drop in leases, all to the advantage of exporting economies since 90% of traffic is by sea. Failure to respect market fundamentals and the resulting over-supply led to a drastic drop in orders in 2016, with shipyard closures, layoffs, and state bailouts in the Asian shipbuilding industry, particularly in Korea. This once again proves that markets cannot be artificially altered for too long, ASSONAVE said.Yet the Italian shipbuilding sector and its supply chain have managed to stay in the right part of the market, as they have concentrated in the three sectors – cruise, naval, and nautical – where Asian dumping did not take place, since barriers to entry were particularly high in these very high value-added sectors, the association added.In terms of geographic areas, China remained the global leader for 2017, with its 7.2 million CGT accounting for a share of 33%, followed by Korea, which, after bottoming out in 2016, accounted for 32% with 6.9 million CGT in new orders.The European shipbuilding sector had orders amounting to 3.6 million CGT, of which 80% were cruise ships.Finally, Japan’s share amounted to 6%, with orders of just 1.4 million CGT, even less than the already dramatically low 1.5 million CGT in 2016.last_img read more

first_imgSemco Maritime has now awarded Siemens with the contract for the delivery of the high-voltage electrical equipment for the platform, including three 275 kV / 265 MVAr shunt reactors, a 72 kV HV gas insulated switchgear (GIS), three 275 kV MV GIS systems, integrated conditioning monitoring system, and SCADA and protection systems. Earlier this year, a joint venture between the Danish companies Bladt Industries and Semco Maritime was chosen by end customer Mayflower Wind, a joint venture of Shell & EDP Renewables, to design and construct the electrical service platform of the Mayflower Wind. Siemens will supply the components for Semco Maritime by 2022. “We are proud of the opportunity to bring our expertise in offshore transmission to Mayflower Wind, a project that will lead the way for increasing the share of clean, renewable energy in the U.S. energy mix. The offshore Center of Competence in Denmark did an outstanding job in creating a comprehensive, tailor-made solution for this exciting new project, making the best use of our broad transmission portfolio,” said Beatrix Natter, CEO of the Transmission division at Siemens Energy. The project is located in a federal lease area approximately 25 miles south of Nantucket, Massachusetts in the United States, and will have a capacity to generate up to 1.6 GW of renewable energy. The system solution is specifically designed to significantly reduce both the size and weight of the platform, lowering the need for the use of steel in the construction and thus making the platform more resource- and cost-effective, Siemens said.center_img Siemens has secured an order from Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the Mayflower Wind offshore wind farm. The offshore substation is scheduled for delivery from Bladt Industries’ site in Denmark in 2024. “At Semco Maritime, we have for a number of years created a very strong track record to deliver competitive quality projects in electrical infrastructure for offshore wind. We are looking forward to the cooperation with Siemens, who is a competent and reliable partner,” said Carsten Nielsen, Senior Vice President of Renewable Energy at Semco Maritime. The Mayflower Wind project has been chosen by the Commonwealth of Massachusetts to supply 804 MW of offshore wind capacity with the expected start-up in 2025.last_img read more

first_img Sharing is caring! 119 Views   no discussions CANTO, the region’s trade association of telecommunications operators has rubbished claims that the roll out of 5G technology is related to the global pandemic.Around the world right now, malicious messages and video content are circulating referencing 5G technology and linking it to the spread of Coronavirus. People have attacked and destroyed 5G sites in places like the UK. Unfortunately, it has also been reported that threats have been made against Caribbean network operators and their staff. CANTO categorically condemns these acts of violence designed to weaken communications networks in a time of crisis. Regrettably, across numerous social media platforms this “fake news” story is gathering pace.Various conspiracy theories claiming that 5G technology helps transmit coronavirus have been condemned by the scientific community. In a recent BBC article , scientists say the idea of a connection between Coronavirus and 5G is “complete rubbish” and biologically impossible.Recently the GSMA came out and condemned the attacks against mobile phone towers. Mats Granryd, Director General of the GSMA stated that “the telecoms industry is working around the clock to keep vital health, education and emergency services online, businesses running, and friends and families connected……it is deplorable that critical communications infrastructure is being attacked based on outright mistruths. We urge everyone to trust health authorities and rest assured communications technology is safe . There is no link between 5G and COVID-19 . ”As Caribbean service providers we need to ensure the availability of telecommunications services during this time of crisis. We do not need this misleading information. We call on our Caribbean Governments and Regulators and the various social media platforms to take effective steps to remove this type of false information. CANTO is the trade association of telecommunications operators in the Caribbean region. CANTO is a non-profit association made up of operators, organizations, companies and individuals in the ICT (telecommunications) sector. The Association has a Caribbean focus as it relates to ICT issues for the region with a global perspective. The Annual Conference and Trade Show offers the only stage on which global ICT issues are discussed by business, government and civil society. Share CoronavirusEntertainmentHealthLifestyleLocalNewsRegional CANTO Rubbishes Claims of 5G/COVID Relationship by: – April 15, 2020 Share Share Tweetlast_img read more

first_img Considered as one of the most promising young players of his generation after breaking in Everton’s first team from the club’s youth academy, Anichebe’s promising career faded into thin air following a string of ill-starred injuries. After seven seasons at Goodison Park where he recorded 18 goals in 131 appearances, the 31-year-old was shipped out to West Bromwich Albion before heading to Sunderland after three seasons at the Hawthorns. Relegation for the Black Cats saw the ex-Nigeria international join second-tier Chinese outfit Beijing Enterprises in 2017 before quitting the club a year later after accusing them of match-fixing. Since, he has disappeared from the footballing fraternity which his former teammate at Merseyside blames on injury. “I remember when I moved to Everton, he was very young and was like 16 or 17 years old,” Ayegbeni told Goal. “He is big and strong and I know he has the talent, it is just a shame he didn’t push it from there because of injury. Nigeria legend, Yakubu Ayegbeni feels bad over Victor Anichebe’s inability to prove his worth owing to injuries. Loading… “Whenever he is fit, he plays so well and whenever he is injured, he is out for at least two months before returning again. He is a good boy and he is just unlucky. “For Anichebe, I’m sure he misses football because he has the qualities as a football player. “Whenever he is always out injured, I miss him because I know his ability and what he is capable of doing. “He is a kind of player that wants to show everybody that he is really good but he never had the chance because of injury, and I’m sure he will feel bad about that. “Football is about proving your ability week in week out not just one week and being on the sidelines for two months. All the same, I really enjoyed my time with him at Everton.” On the international scene, he has played a key role in Nigeria U23’s silver medal finish at the 2008 Beijing Olympics – scoring his only goal in the 2-1 triumph over Japan in Tianjin. read also:I’ve not retired, Anichebe cries out! He made his senior debut against Austria on 27 May 2008, before going ahead to garner 11 caps and a goal. FacebookTwitterWhatsAppEmail分享 Promoted ContentThe Most Exciting Cities In The World To VisitBirds Enjoy Living In A Gallery Space Created For ThemPortuguese Street Artist Creates Hyper-Realistic 3D GraffitiTop 7 Best Car Manufacturers Of All Time7 Universities In The World With The Highest Market ValueProbably The World’s Most Beautiful Ceilings!The Very Last Bitcoin Will Be Mined Around 2140. Read MoreWho Earns More Than Ronaldo?Couples Who Celebrated Their Union In A Unique, Unforgettable WayFascinating Ceilings From Different Countries9 Facts You Should Know Before Getting A Tattoo6 TV Characters Whose Departures Have Made The Shows Betterlast_img read more

first_imgRelatedPosts Martins joins Wuhan Zall Ighalo: My best moment as ‘Red Devil’ EPL: Crystal Palace stun sloppy Man U Ole Gunnar Solskjaer sang Odion Ighalo’s praises after the Manchester United striker scored twice in the 3-0 FA Cup fifth-round victory over Derby County. Ighalo arrived at Old Trafford to much derision in the January transfer window, having spent the past three years playing in the Chinese Super League after a similar length spell at Watford. But in just two starts for United, against Club Brugge in the Europa League and Derby, boyhood fan Ighalo has netted three goals. His first against Derby was good improvisation, pouncing on a loose ball in the box to guide the ball into the bottom corner while under pressure from both Derby centre-backs. The second was a thumping finish into the roof of the net after his first effort was blocked on the line, although he did spurn the chance to complete his hat-trick in the closing stages, firing over the bar. Solskjaer believes Ighalo is showing he is “vital” for the side as they deal with Marcus Rashford’s absence through injury. “He is doing what it says on the tin and what we asked for when we signed him,” Solskjaer said. “He is coming in, playing up front, and he’s a different type of striker. He scores, he gets cha nces every game and today he could have had another couple. I am very happy with him. It gives us a chance with Mason [Greenwood] and Anthony [Martial] to keep them fresh as well. “He is experienced and he has scored goals all of his career. He is in and around the box, he reads it, he sniffs out where the chances will come. I think that striker is vital for a team.” Despite his start to life in a United shirt proving better than nearly everyone expected – and it could have been even better were it not for a magnificent Jordan Pickford save denying him the winner at Everton on Sunday – Solskjaer feels there is more to come. At 30, Ighalo is the elder statesman of the United forward line and his boss thinks the younger strikers can learn from him and the physical test he provides for defenders. “There is more to come. He will improve, he will get sharper and more used to us. I have no doubt that he will only get better,” he added.Tags: Chinese Super LeagueClub BruggeEuropa LeagueFA CupighaloManchester UnitedOle Gunnar SolskjaerWatfordlast_img read more

first_img For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. New Delhi: Both West Indies and Bangladesh will look to get their stumbling campaign back on track when they lock horns with each other in the match number 22 of the ICC Cricket World Cup 2019 at the County Ground in Taunton on Monday. Both teams have three points each with one win, two defeats and a washout that resulted in splitting the points. While the two teams will fight to keep their semi-finals hope alive, we are spending a lot of time going through the individual states of players, pitch report and more just to get you the right combination for your Dream 11 fantasy league contest that can make you win lakhs.For today’s game, we can expect good scores given the form of both teams unless one of them collapses. With Chrish Gayle and Shai Hope on top of the order and then Nicholas Pooran in the middle and Jason Holder and Andre Russel in the lower, West Indians are batting monsters on their day. Bangladesh, on the other hand, is also playing good cricket and their batsman except opener Tamim Iqbal are chipping in time to time to score runs for the team. Shakib being their star performer is a must to include in your Dream 11 fantasy league team.Players to choose fromBangladesh: Tamim Iqbal, Soumya Sarkar, Shakib Al Hasan, Mushfiqur Rahim(w), Mohammad Mithun, Mahmudullah, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan, Mashrafe Mortaza(c), Mustafizur Rahman, Rubel Hossain, Liton Das, Sabbir Rahman, Abu JayedWest Indies: Chris Gayle, Evin Lewis, Shai Hope(w), Nicholas Pooran, Shimron Hetmyer, Jason Holder(c), Andre Russell, Carlos Brathwaite, Sheldon Cottrell, Oshane Thomas, Shannon Gabriel, Ashley Nurse, Darren Bravo, Fabian Allen, Kemar RoachWest Indies vs Bangladesh Dream 11 team combination, captain and vice-captain pickWicket-keepers: Shai Hope (Captain), Mushfiqur RahimShai Hope averages 94.57 against Bangladesh in 9 ODIs with 3 tons and 6 fifties while Rahim is one of Bangladesh’s most inform players.Batsman: Chris Gayle, Nicholas Pooran, Soumya Sarkar (vice captain), Shakib Al HasanGayle storm against Bangladeshi bowling attack is always likely and Pooran has been in outstanding form for quite some time. Soumya Sarkar is in good touch and he probably can survive the bouncers of West Indies bowlers. Why Shakib Al Hasan? You can be serious while asking this question.All-rounder: Jason HolderIf you wonder why we did not pick Andre Russel, let me tell you he is suffering from a knee injury and unlikely to play. Even if he plays, he won’t bowl too much and picking an unfit player is never clever. Holder picks up wickets, scores runs. Obvious choice.Bowlers: Oshane Thomas, Mashrafe Mortaza, Sheldon CottrellMustafizur Rahman is Bangladesh’ leading bowler and West Indies players will look to play him cautiously. Mortaza, on the other hand, always picks up wicket with his steady line and length and batsmen like to take risk against him. Oshane Thomas and Cottrell are going to be crucial, don’t exclude them.  last_img read more

first_imgIn Spain’s La Liga, the big result was Barcelona winning 1-0 away to title rivals Atletico Madrid despite a powerful showing in midfield from Ghanaian Thomas Partey, while Cameroonian Andre Frank Zambo Anguissa was on target for Villarreal in their 2-1 loss at Valencia. SuperSport viewers can see Zambo Anguissa and Villarreal’s other African stars such as Samuel Chukwueze and Karl Toko Ekambi when the ‘Yellow Submarine’ open the next round of matches with a clash at home to Atleti on Friday 6 December.Italy’s Serie A the top African moment came from Sassuolo’s Ivorian attacker Jeremie Boga, who scored one of two goals for the visitors at the Allianz Stadium as they held champions Juventus to a surprise 2-2 draw. The result allowed Internazionale to leapfrog into top spot with a 2-1 win over SPAL.SuperSport viewers can see Internazionale when they have the chance to extend their lead at the top of the log on Friday 6 December with a home clash against Roma, before Juventus face a tricky trip to the other capital city team, Lazio, on Saturday night, December 7.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Viewers on DStv and GOtv enjoyed another great weekend of football action, with the continuation of the 2019/20 Premier League, La Liga and Serie A campaigns.In the Premier League, African stars once again came to the fore, with the most prominent being Arsenal striker Pierre-Emerick Aubameyang. The Gabonese attacker marked the first Gunners game in the post Unai Emery era with a brace of goals in their 2-2 draw at Norwich City, and SuperSport viewers can see the Panthers man in action again twice within the next week: Arsenal first take on Brighton & Hove Albion on Thursday 5 December, before their trip to London rivals West Ham United next Monday 9 December.Other major African stars in the Premier League included Wilfried Zaha and Jeffrey Schlupp, who scored the goals for Crystal Palace in their 2-0 win at Burnley, while Nigerian Kelechi Iheanacho showed his value with a late winner for Leicester City at home to Everton – a result which sees the Foxes strengthen their grip on second spot on the log.last_img read more