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Bigears..
So the audited 2019 H2 numbers at 312k scanned crates ( 6 months business) coming in at half of the total laden container throughput for 2019 was just a coincidence..................|o:
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This was the first half years traffic with soft start up,... and based on 2 berths in use not the current 3.
Dac,,.... I'm not focussing on retail at all. You started talking about goods and sales, not me.
The only important number for us is the number of containers being scanned. We don't sell or buy what's in them, and I have shown that their is a difference between a 'laden' container.... and an empty container.
The Bank of Ghana is clearly focussed on laden containers because that actually measures the amount of produce entering and leaving the country.
BUT we scanned all containers,... laden or not,... and the container movement in Tema is now in excess of 1M TEU's--- that is all I am saying.
How many are in transhipment,... whether the 1M includes the transhipment containers and whether the trans-shipment containers are in fact scanned or not.... I do not know.
You say that transhipment TEU's aren't scanned. Can you provide a link confirming that?
"Good facts from bigears. Fooler has mislead again on this one "
What did PF say that you disagree with.
The figures that you are quoting aren't correct. I posted the TEU's handled by Tema ... as published by the Ghana Port Authorities this morning.
... over 1M TEU's.
Why re-post the same mis-information?
Hi Dacorum,..
"You don't order things from abroad if you cannot sell them due to one of the worst global pandemics on record."
Yes I noticed that in Sainsbury's today,... there was no one shopping and nothing on the shelves,.. and then when I went to Wickes.... there was nothing on the shelves,... and those pesky coffee houses weren't selling coffee either,... oh... wait.... yes they were?..---
Why don't you try backing up some of your arguments with actual facts? We would all be happier then,.. because at least we aren't just dealing with conjecture and we can discuss the issues constructively?
How about starting with the actual number of TEU's scanned at Tema,...--?
Big Ears, the Bak of Ghana refers to 'laden' containers not total TEU's processed.
We are scanning ALL containers in to and out of the country and the figures for container movements in much higher.
2019 was 1,000,926 for instance, ... and that was before the opening of the new berths. That will be for the whole port,.. the older part which mainly handle the 'bulk', loose materials and the shallower depth ships,.. etc.,-- although many of those have migrated to Terminal 3 where we are now operating.
https://unity.ghanaports.org/publications/f30f9170c80d45fca326096afac12726.pdf
Hope that helps.
Big Ears...
The Bank of Ghana figures describe the TEU's as 'laden'--- but we are scanning all, containers,..so the container traffic is the important figure... and for 2019, that was 1,000,926 TEU's at Tema.
https://unity.ghanaports.org/publications/f30f9170c80d45fca326096afac12726.pdf
That is from the GPHA, Ghana Ports and Harbour Authority.
Hope that helps.
three putt,
2021-think we are looking at 1.2-1.4 million TEU's at circa $3-4US to WSG per TEU scanned.
If you go for the lows--- 1.2 M x $3= $3.6M= circa £2.75M
If you go for highs---- 1.4M x $4= $5.6M US = circa £4.30M
So, for 2021...probably between £3-4M.
However, the final berth , is due to be completed during the 2nd half of 2021; once that is completed the Port facilities could handle 3.5M teu's/annum,.... so there is considerable potential for the volumes to ramp up,.... it obviously comes down to the ramping up of the port etc., and the relevant bodies developing and growing the business.
If I were baiting you I ask you I would ask you mean when you use the word 'sham'... to describe the company that you are invested in,,,, and then,.. after being called out... you retract, that by saying,.." Mike, I don't mean it in the strictest sense of the word"....
Mmm ...what is the un-strict sense of the word 'sham"-
But hey ho,... I'm not baiting you so please don't respond.
https://chimpreports.com/three-ugandan-airfields-to-be-upgraded-to-international-airports/
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Note:
" In addition, five airfields, kidepo, arua Gulu, Pakuba and Kasese were designated for international entry and exit from within the region,” he said."
ant,.
OK.. i get that. They most certainly have failed to deliver on some fronts over the past few years- But there are now two MSC in place,... and a third ( according to my research arriving in the short term),---
What i didn't understand from your previous post was how see the situation as so binary-- ie 2 MSC's and they are a 'sham'-- ( which is a pretty damming comment)...and yet 3 MSC' and they are ok?-- I find that bizarre,.. but hey,..each to his own. As you say... let's hope the next one isn't far away.
Best.
Ant,.. Fair do's. That is your opinion.
But I have to question what you said, .. your logic and your reasoning.
You said,.. that at present,... even though the company has two long term,.. multi million pound contracts,... up and running... that they are,.. a 'sham'.
Yet if they win one more,.. you will take them seriously.
Would love you to explain that.
Heaven forbid we come on here and post actual research,.. whilst you spout the same old ' another week closer to the next raise"....
Hysterical.
What do you think about the possibility of Uganda and the info found? Is that of any interest to you whatever,.. because the only reference that you have made to it,.. appears to be to **** off the posters who have found those articles.
ahh... just finished reading that article,.. and:
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"“We welcome Brexit. It gives us better opportunities than when the UK was part of Europe”
Keith Muhakaniz
PERMANENT SECRETARY, MINISTRY OF FINANCE, PLANNING AND ECONOMIC DEVELOPMENT
“Interest has dramatically improved. UK credit agencies are now providing more credit to us and other East African countries. The investment promotion and credit facilities that are being made available are also very welcome,” says Mr Muhakanizi.
Collaboration between the Department for International Development (DFID) – through Trade Mark East Africa (TMEA) – and the Uganda Revenue Authority has brought about several trade facilitation projects, including an automated system for customs data, a one-stop border post and an electronic cargo tracking system, which Ugandan officials say will lead to a reduction in clearance time by over 83 per cent in Mutukula on the Tanzanian border from 45 hours to eight hours, and a 79 per cent reduction at Busia on the Kenyan border from 14 hours to three hours, further facilitating intra-African trade for landlocked Uganda.
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So a border crossing too?... did WSG mention a border crossing linked to the airport?
https://uganda.the-report.com/articles/bilateral-relations/
Certainly looks as if UK Plc is open to strengthening relations with Uganda post Brexit so the narrative backs up the theory. Hmm .. very interesting.
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"Uganda – tipped by the Center for International Development at Harvard University to top the list of the fastest-growing economies to 2025 – is receiving plenty of attention. Trade between the two nations is growing, with the Office for National Statistics reporting that Uganda’s exports to the UK more than doubled in the period between 1999 and 2016. However, as Amelia Kyambadde, minister for trade, industry and cooperatives, points out, Uganda still has a large trade imbalance with the UK. “A way forward to improve our trade relations requires investment in value addition and the export of processed agricultural products like coffee and cotton,” she says, calling for UK companies to look at areas such as car assembly, drug manufacture and generator manufacturing in order to take advantage of Uganda’s strategic location and access to regional markets.
Uganda is also a beneficiary of the UK’s focus on Africa infrastructure investment, seen as crucial for the continent’s continued economic development. UK Export Finance (UKEF) recently announced that it would double export credit for Uganda to £600 million from £300 million. Ugandan-born Lord Dolar Popat, the prime minister’s trade envoy to Rwanda and Uganda, said that the facility will help the country to achieve its major infrastructure objectives by providing access to highly competitive long-term finance with very flexible UK content requirements, long tenures and attractive funding costs.
One project already underway is the construction of a new international airport in the Kabaale region. UKEF is providing 270 million euros – its largest-ever loan to an African government – to help support work on the construction of the runway, taxiway and cargo terminal to be carried out by UK infrastructure company Colas. The airport is due for completion in 2021, and will support a number of large-scale infrastructure and energy projects planned in the area.
https://statehouse.go.ug/why-uganda-best-investment-location-africa
Interesting:..... from that link: it identifies 6 airports where work is targeted and is described in the "Uganda’s Priority Sectors for Investment" section....
3. Transport (Aviation)
Title of Project: Upgrade of Priority Air Fields in the Tourism and Oil producing areas to Airports
Project Location: 6 Upcountry Locations
1. Kasese Airport (Kasese)
Project description: Upgrade to international airport construction of runway and associated taxi ways
Project cost: US $ 84 million
2. Gulu Airport (Gulu)
Project description: Upgrade to international airport, widening and strengthening of runway and new terminal
Project cost: US$ 162 million
3. Kisoro Airport (Kisoro)
Project description: Upgrade for tourism, upgrading and strengthening of the runway/ taxiway and apron
Project cost: US$ 20 million
4. Kabale Airport (Kabale)
Project description: New International Airport for the Oil Industry as part of the refinery
Project cost: US$ 192 million
5. Kidepo Airstrip
Project description: Upgrade for tourism benefits
Project cost: US$10 million
6. Arua Airport (Arua)
Project description: Upgrading for regional benefits, paving of the runway
Project cost: US$160 million
Contact: Manager Strategic Planning, Tel. (256) 312 352000 info@caa.go.ug, www.caa.go.ug
3. Transport (Aviation)
Title of Project: Upgrade of Priority Air Fields in the Tourism and Oil producing areas to Airports
Project Location: 6 Upcountry Locations
1. Kasese Airport (Kasese)
Project description: Upgrade to international airport construction of runway and associated taxi ways
Project cost: US $ 84 million
2. Gulu Airport (Gulu)
Project description: Upgrade to international airport, widening and strengthening of runway and new terminal
Project cost: US$ 162 million
3. Kisoro Airport (Kisoro)
Project description: Upgrade for tourism, upgrading and strengthening of the runway/ taxiway and apron
Project cost: US$ 20 million
4. Kabale Airport (Kabale)
Project description: New International Airport for the Oil Industry as part of the refinery
Project cost: US$ 192 million
5. Kidepo Airstrip
Project description: Upgrade for tourism benefits
Project cost: US$10 million
6. Arua Airport (Arua)
Project description: Upgrading for regional benefits, paving of the runway
Project cost: US$160 million