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Business Archives - Passion 4 Excellence

November 25, 2020
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Elon Musk surpasses Bill Gates to become the world’s second wealthiest person. His net worth shoot up according to Bloomberg wealth, amassing $127.9 billion compared to Bill Gates $127.7billion.

Elon Musk who doubles to be the founder of PayPal and electric car maker, Tesla who’s just 49 years old added $100billion to his net worth according to Bloomberg wealth. He became part of century billionaires when he hit the $100billion billion mark this year, joining Bill Gates and Amazon boss Jeff Bezos, who is worth more than $200 billion.

 

His fortunes rise up is largely influenced by his giant electric car company, Tesla after its market value hit $500billion on Tuesday, November 24th. About three quarter of his worth is comprised of Tesla shares which are valued more than four times as much as his stake in space exploration. He really made so much sacrifices over these years. He revealed the he invested much into all these three companies that saw a rise in his wealth. “My proceeds from PayPal were $180 million, I put $100 million in SpaceX, $70million in Tesla and $10 million in solar city” Elon Musk

Here’s it, you can’t dream and seat back down,  you have to face challenges, make sacrifices to reach your goals.

 

 

Kamlinksgh@gmail.com

Twitter @Mawunya


October 26, 2020
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The President of the National Association of Ghana Cocoa Marketing Clerks (NAGCMC), Mr Andam Solomon has said, Cocoa Purchasing clerks and marketing officers play a very crucial role in cocoa marketability since they serve as agents between Licensed Buying Companies, government and cocoa farmers but government and COCOBOD ignores them in policies that intend to help the cocoa marketing business.

However, they face challenges such as inadequate logistics, weighing scales, low quality of cocoa beans and poor storage facilities which affect their operations. According to him, they don’t receive monthly salary they only rely on yearly commission base payment from their mother companies. This force some of the clerks to adjust the weighing scale to cheat farmer which is a bad practice he condemns. Therefore they have come together as one body with a common goal to make sure they fight the ill characters among them. Mr Andam made this statement during the launching of the Association at Bogoso in the western region.

The Financial Secretary of the Association, Mr Dadzie John advised the cocoa farmers to remove foreign matter and fragments  such as stones, pods etc in the cocoa after drying them before sending it to shed for weighing, he said the purchasing clerks discover those foreign materials after paying the farmers which contributes to their loses.

Stressing on the payment system, some of the Executive Members of the Association in an interview with Oscar Adawu Dadzie called for the introduction of cashless payment systems for business transactions as their lives are in constant danger of being attacked by armed robbers in the course of their work. Others also said the government should consider insurance and SSNIT for them, as it is planning for farmers

Writer: Kwesi Afful

Twitter: @kwesi_afful1

Do you have article or a story you may want to publish??? Please Email us on : info@kamlinks.com website: Kamlinks.com


October 19, 2020
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Mawerehene of Sefwi Anhwiaso Traditional Council and also the Chief of Sefwi Subri Nkeanta Nana Kofi Affi III who has nominated in Western North Region to represent the entire region in the national best farmer award competition has advised the youth to go into farming because it is profitable and can create more employment.

Nana Affi made the call when the media rash him after he got the nominees to represent the whole Western North Region in the national best farmer competition.

“There is evidence that the age range of people in farming are not the youth. We need to let our youth know that there is dignity in labour and that Agribusiness is a profitable business,” he said.

Nana Kofi Affi III the incoming Ghana national best farmer challenged Ghana government to create the enabling environment for the youth and make agriculture attractive.

He said Ghana has the fastest growing population with more than half comprising the youth.

“The energies of these youth can be channelled into Agribusiness and we can industrialize Agribusiness using the youth who are generally technology savvy than the older generation and thereby change the face of Agribusiness for ever.”

He said Ghana lacks trained man power of agricultural officers. Not many students pursue that course and most who do end up in other sectors of the economy.

Nana Kofi Affi III charged our government lead by Nana Addo Dankwah Akufo-Addo and the government of developing countries to re-orientate their people to move away from the educational system which regarded Agribusiness as menial and not meant educated citizens.

Nana Kofi Affi III advised our government to adopt a hot programme which can get the mind of our youth in Agribusiness. Organized workshops for the upcoming youth in farming in every quarter of the year and also adding all the training students.

Writer: Kwesi Afful

Twitter: @kwesi_afful1

Do you have article or a story you may want to publish??? Please Email us on : info@kamlinks.com website: Kamlinks.com


October 17, 2020
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New revelations from one of America’s biggest news hub, Fox news indicates that son of democratic presidential candidate, Hunter Biden demanded 10 million American dollars from one Chinese billionaire as introductory fee.

 

According to the news agency, Hunter Biden was receiving a $10million annual fee from one Chinese billionaire, who is currently facing corruption scandals. Emails from Hunter Biden from way back 2017 also shows that he, Hunter Biden also sought to ‘cash flow with a joint business ownership’

 

 

‘The money was for ‘introductions alone’ said in Hunter Biden’s email to the said billionaire. Another email dated may 13, 2017 gathered by fox news includes discussions of ‘remuneration packages for six people in a business deal with the Chinese energy company. The emails revealed Hunter Biden as chair or vice chair of the said deals depending on the agreement with the Chinese energy company’ Fox news reported.

 

The former vice president was also referred to as ‘the big guy’ in the email, after further interrogations were carried out. Another email in 2014 revealed that Adviser to the Burisma’s board in Ukraine, Vadym Pozharkyi allegedly asked for Hunter Biden’s advice on how to stop ‘politically motivated actions’

 

“We urgently need your advice on how you could use your influence to convey a message to stop what we consider to be politically motivated actions” it reads. And less than a year, emails revealed Vadym thanking him for making him meet with his father, Joe Biden.

 

This is breaking news, we shall keep you informed. Kindly check Fox news for more also.

Source : Fox news

Kamlinksgh@gmail.com. Twitter @Mawunya_


October 15, 2020
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Government of Rwanda has approved cannabis for export according to reports, becoming the second Central African country to legalize marijuana  cultivation. However, the use of marijuana is still prohibited.

 

 

According to Reuters,  Rwanda officials are currently in talks with European and American companies of growing the herb plant in Rwanda and how to process it to meet rising health complications. The move is also expected to boost Rwanda’s economy in the near future that has been hit by coronavirus. Other nations in Africa also legalized the herb for industrial and medicinal and commercial purposes. Typical example is Ghana. Zimbabwe, Swaziland, Malawi have all legalized it for same purposes.

 

To many, cannabis may just be the next ‘gold’ because of it’s high demand across the world. There’s currently a huge international market for the herb. Rwanda alone is expected to increase her revenue from cannabis in the global market worth $345 billion.

 

The thing is cannabis does not grow well in most places so if any country’s geographical location supports its growth, then it’s good news I think

Kamlinksgh@gmail.com. Twitter @Mawunya_


October 9, 2020
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iPhone 12 series is reported to have been leaked prior to its formal launch day, October 13 according to Gadgets 360 news.

 

 

Apple is expected to launch its much anticipated iPhone 12 series at its October 13 Apple event.

 

Specifications of 2020 iphone models have emerged on one of China’s microblogging website, Weibo. They include iPhone 12 mini, iPhone 12 pro, iPhone 12 and iPhone 12 pro max. All are expected to come with OLED super Retina XDR displays.

 

Kang, an account on Weibo leacked details about iPhone 12 series according to Gadgets 360.

 

Kamlinksgh@gmail.com. Twitter @kamlinks_


September 18, 2020
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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”

Kamlinksgh@gmail.com

Twitter @Mawunya_

 

 


September 15, 2020
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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.

 

Kamlinksgh@gmail.com

Twitter @Mawunya_


September 12, 2020
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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

Kamlinksgh@gmail.com

@Mawunya_


September 1, 2020
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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.

Kamlinksgh@gmail.com

Twitter @Mawunya_


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