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Business Archives - Passion 4 Excellence

September 18, 2020

President Trump’s administration is said to block the download of TikTok, WeChat from all United States online app download platforms. The directive is expected to take effect Sunday, November 20 according to reports. Trump’s plan to ban the video sharing app will materialize if the company fails to agree on a deal to sell majority of its shares to Oracle and Walmart.



When this happens, Americans or anyone in America will not be able to download the TikTok and wechat app in the United States. Those already having the app can still use it until November 12 but they can’t be able to update it.



Nearly two months ago, President Trump signed executive order threatening the app to cut ties with Bytedance, mother company of TikTok based in China or face ban. After the executive order, few companies came onboard to take over TikTok. Indigenous companies like Google etc came onboard but negotiations proved futile.



Americans have barely 45 days to elections. Will this move push Trump to the top? Will this affect his chances of Americans giving him the mandate to lead for another four years? Well these are some questions from the masses.



In a statement,  Department of Commerce Secretary, Wilbur Rose said “today’s actions proved once again that, President Trump will do everything in his power to guarantee our national security and protect Americans from the threats of the Chinese Communist party”

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September 15, 2020

This years Apple Event got people thinking as the Tech giant company released a couple of products including apple watch, iPad but no sign of iPhone 12 as presumed by many iOS users.




Apple has this tradition of launching products in September every year. Multiple products were launched today, September 15 but the company omitted something in its flagship iPhone line.



Apple watch and iPad will be available from September 18, the apple watch will be available for £379, while the high end version with GPS and cellular capabilities will be sold at £479.




Reasons why the company could not announce much anticipated iPhone 12 was not revealed.

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September 12, 2020

Brazilian international and PSG forward Neymar Jr. has signed a long – term partnership deal with Puma. The footballer,  who’s very thrilled to announce his new deal took to Twitter to tell his followers and fans with the caption “the king is back”



Puma also officially posted on their Twitter feed of the new partnership with the football star, welcoming him to the puma family



Neymar is one of the world’s best players who has won countless awards and trophies over the years. He’s also one of the world’s richest players after Cristiano Ronaldo and Messi. We wish him the best


September 1, 2020

Founder of Taslsa and PayPal passes founder of Facebook to become the world’s third billionaire. Just few ago, the multi billion dollar car maker owner reached the centibillionaire club, joining world billionaires club.



Elon Musk who’s just 49year old has seen an increment in his wealth of $87.8 billion this year alone. He has  become the world’s third richest, amassing an estimated fortune of $115.4billion. Tesla shares went up by %500 on the stock market, making him topping founder of giant media company, Facebook’s boss.


Founder of Microsoft,  Bill Gates still holds position as the world’s second richest with $125billion with founder of Amazon, Jeff Bezos still topping the world’s billionaires chat amassing over $200billion. Mark Zuckerberg’s is worth $110.8 at a moment.



Elon Musk was a able to top Facebook boss after Tesla’s 5-1 stock split, meaning a share was split into five with no change to total value of investors holdings, which automatically lowers the company’s share price. This made it possible for smaller groups and individual investors to purchase.



This strategy has made it possible for more people to purchase the Tesla’s shares.

Twitter @Mawunya_

August 27, 2020

Forbes magazine has it that Jeff Bezos is now worth $200billion, making him the only person to be able to reach that 200 billion dollar status.


The magazine revealed early Wednesday that Jeff Bezos was able to cross “a milestone previously unseen in the nearly four decades Forbes has been tracking net worths, with Amazon stock ending up 2% as of Wednesday afternoon” the magazine explained.



The magazine detailed that, as of 1:50pm EDT, Jeff Bezos who doubles as the founder and CEO of Amazon is worth $204.6billion, an amount second richest person, Bill Gates never come close.  Bill’s worth is currently valued at $116.1billion which means there’s that huge gap of nearly $90 billion. In other words,  Jeff is $90 billion dollars richer than the second world’s richest wow isn’t that amazing?


Jeff Bezos’s net worth went up by $4.9 billion. He’s only 56years and the very first man on earth to reach that $200 billion fortune. We say congratulations

Source: Forbes

Twitter @Mawunya_

August 12, 2020

Bloomberg Quick Take has revealed the world’s most expensive  coronavirus mask worth  $1.5million. In a video, an Israeli jewellery company, Yvel explained how important this mask would be for the wealthy. According to the CEO, a rich person may buy the mask not for protection from deadly coronavirus but probably for prestige, to show that yes ‘he or she has arrived’ says this is purposely designed for the rich.


The company posted , “we are always willing to take on new challenges and this work of art proves it. We are thankful for being able to create and function in these challenging times, thank you to all our media friends worldwide for giving us the platform to showcase it” Yvel posted on its Twitter feed hours ago.



Many have criticized the company’s move to have created these expensive masks in a time of crisis where many are jobless, the whole world is on her knees.



Many have been kicked out of jobs amid coronaviruspandemic. Some can’t even afford to feed themselves and their families. According to critics,  these huge sums should have been pushed into something more beneficial for humanity in this this trying times

Source: Bloomberg Quick Take

Twitter @Mawunya_

August 10, 2020

Indigenous car maker company in Ghana, Kantanka automobile is said to unveil its first electric vehicle. Chief executive officer of the company,  Kwadwo Safo Junior posted a video of the new Amoanimah electric car today on his Twitter feed with the caption ‘Kantanka Amoanimah EV’


Ghanaians on social media are very happy with Amoanimah. Some expressed their deepest satisfactions on its arrival. To some, they can’t even wait to purchase this new vehicle from the very first automobile company to emerge from Ghana.



The car has both fuel option and electric option as well. There is 0.8L (800cc) option aside the electric option where you can just charge it and then drive like how you charge your electric devices at home. Yes, you can just plug into any home wall socket like how you charge your phone and other electric home appliances to get Amoanimah charged.



One will ask how long it will last on road when its fully charged. Well other specifications of Amoanimah will be made known when its finally unveiled.


Congrats to Kantanka for this new product. Ghanaians cant wait to enjoy.

August 8, 2020

Founder of Facebook, Mark Zuckerberg has joined Jeff Bezos and Bill Gates after his net worth passes a 100 billion dollar mark. His net worth shoots up after he announced new video sharing app on Instagram.



The app was launched by the giant social media company to counter Chinese video sharing app TikTok. Despite the launch of the rival app, a feature on Instagram,  Mark said he was concern about the potential ban of TikTok by Trumps administration. “I just think it’s a really bad long term precedent and that, it needs to be handled with the utmost care and gravity whatever the situation is” he told Buzzfeed.



Mark Zuckerberg who is 36 years of age has 13 thirteen percent stake of his company. Shares of the company went 6 percent up after the launch, making him hit a 100 billion dollar mark which makes him a centibillionaire after the announcement. The launch for Instagram Reels came a day before President of the United States, Donald Trump revealed he had signed executive order to deal with the “threat” of TikTok which has over 80 million Americans on the video sharing app platform.


According to Mr. Trump, mother company for TikTok, ByteDance will be banned from using the app in America. Trump says this move is in quest to protect the privacy of U.S citizens.


Congrats to Mark Zuckerberg

Twitter @Mawunya_

August 3, 2020

FBN bank has partnered with Ghanaian dancehall artiste, Samini. The bank announced it has signed the dancehall artiste as an ambassador for it’s new banking product. Samini posted on Facebook to confirm the deal with FBN bank.


“FBN bank has a rich heritage of being a constant financial partner throughout its customers’ lives and I am thrilled to work in partnership with the bank” Samini said.

Minutes ago, he again posted on his Facebook feed, encouraging all his fans and all Ghanaians to come onboard to purchase the bank’s new product. “I’m happy to announce my ambassadorial engagement with FBN bank Ghana. Folks please dial *894#, follow the prompts and let’s enjoy this new banking experience together” he posted tagging the bank on Facebook.


Samini is one of Ghana’s living legends and we congratulate him for this massive win. From out team,  we wish him all the very best

Twitter @Mawunya_

July 16, 2020

Interpol has issued an arrest warrant for Samuel Adam Mahama, brother of former president of the Republic of Ghana for his role in Airbus bribery. According to interpol,  Adam Foster is liable for a 25year jail term or less. Brother of the former president has been charged for accepting bribe to influence a public officer and acting in collaboration with the public officer for the officers private benefit.


Reports have it that Ghana is one of five countries in which Airbus allegedly paid millions of United states dollars as bribes in exchange for contracts, an incident which made a court in United kingdom to slap an amount of £3million on Airbus.


Reports also revealed six actors were involved in the scandal regarding Ghana. UK investigators from SFO identified them as Government Official 1 (an elected high and ranking), intermediary 5 (British national and close relative of Government official 1, company D, (corporate vehicle for intermediary 5, shareholder), intermediary 6 (British national associate of intermediary 5), intermediary 7 (British national and associate of intermediary 5,  intermediary 8 (Spanish company and front for intermediary 5)

Twitter @Mawunya_




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