Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Could be good or bad for Tally “Glint app that lets customers pay with gold goes into administration” https://www.dailymail.co.uk/money/cardsloans/article-7495057/Glint-app-lets-customers-pay-gold-goes-administration.html
“Boohoo has poached Samantha Helligsø from Missguided” https://www.dailymail.co.uk/money/news/article-7489939/Boohoo-poached-Samantha-Helligs-Missguided.html
“Integrated infrastructure delivery company AECOM has been awarded Phase Two of the Tema Port Expansion Project (TPEP) in Ghana, on behalf of Meridian Port Services (MPS), operator of the container terminal.
Phase One of Terminal Three was formally opened for shipping business on 28 June, following successful tests and simulation exercises of the project by MPS. An official ceremony was held during which a symbolic key was handed over to the MPS operations team.”
http://www.sashippingnews.com/2019/09/17/phase-two-of-tema-port-expansion-project-in-ghana/
Ours could be next???
“Government has commenced investigations into alleged Illegal trade and export of Rosewood from Ghana.” + “On Wednesday, September 4, 2019, the Committee led by its Chairman and Deputy Minister of Lands and Natural Resources, Benito Owusu-Bio, stormed the Tema Port on a fact-finding mission into the allegations. The visit was also aimed at strengthening security at the ports.” The “strengthening security” only raises the importance of WSG’s role ......
https://quamitv.com/government-probes-illegal-rosewood-export-at-tema-port/
If it is then ambitious roll out is to follow “support further business growth and expansion via their 'game changing' banking app. There is an additional remit for the Programme Manager to help the business with further expansion into the European market.”
Job role at tallymoney? “task of helping the business to prepare for a planned IPO and profitable exit of a Private Equity investor” https://www.indeed.co.uk/m/viewjob?jk=c65d2b3c96440729&advn=6129553239221557&adid=310145935&from=serp&dest=http%3A%2F%2Fwww.indeed.co.uk%2Fjob%2Fsenior-project-manager-programme-manager-contract-c65d2b3c96440729&desth=23b939c5c138b9d538f7b58b2efabab2&prevUrl=https%3A%2F%2Fwww.indeed.co.uk%2Fm%2Fjobs%3Fq%3DProject%2BManager%2BFintech&tk=1djfkl6eb96ou800&dupclk=1&acatk=1djfklevb92ck800&pub=6917c08ec3ecf6012dd26f3773156e870cace3277f6b99df
Yeah am really hopeful with the French offering $15bn in credit http://www.intellinews.com/france-reportedly-offers-iran-15bn-instex-credit-line-for-sanctions-protected-trade-165651/ and the recently seizes tanker’s oil (worth $140million) sold sunshine will beacon soon fingers crossed!!!
Three or four big announcements (Tema, Iran, ME, Africa) could send the share price into outer space??!!
Rob Macaire the U.K. ambassador to Iran had an interview with an Iranian economic news ageny #asianews emphasizing on the continuous trade work between UK and Iran. His message “@UKinIran’s trade section continues to work with #UK companies that want to do business with #Iran.” https://twitter.com/tradegovukMENA/status/1165849472007639042 We May get an early Christmas gift??!!
https://www.portstrategy.com/news101/world/americas/mexican-port-in-line-for-four-new-terminals Mexico terminal undergoing expansion and they were in Tema recently https://twitter.com/EmbamexGhana/status/1164930717626830850 “Very fruitful meeting with top executives from the #GhanaPortsAuthority in #TemaPort, the largest one in the entire #ECOWAS region and beyond. This single port will be receiving some of the world’s largest container ships, opening interesting opportunities for trade with #Mexico” good PR for WSG? Time will tell I guess
WSG yielding results?? https://kasapafmonline.com/2019/08/scandal-customs-officer-at-tema-port-evades-tax-on-his-business-shop-closed-down/ Hopefully will add to why WSG is needed and the benefits the authorities will get in return.
Arial view of MPS Terminal 3 at Tema Port rolling the operations over the newly constructed yard space and filling up nicely.
50% complete and the 2nd half is in progress ahead of schedule. https://youtu.be/-01uv-jO9rY Revenue on its way!!
More diplomacy happening behind the scenes https://www.bbc.com/news/uk-49362182 seized oil tanker to be released - bodes well with yesterday’s announcement that enable the sale of aircraft parts. All fingers crossed we get our contract and many more in the ME!!!
WSG gets a mention https://twitter.com/novice14_uk/status/1162030529279090689?s=20 Every little helps!!!
Interesting:
Aerei da Trasporto Regionale, better known as Franco-Italian planemaker ATR, has been granted permission to supply parts to Iran by the US Office of Foreign Asset Control. This comes as positive news to Iran Air in particular; it operates a fleet of 13 ATR-72s. https://simpleflying.com/atr-iran-parts-permission/
This just as the new terminal is coming into operation for domestic flights https://twitter.com/aviationirancom/status/1158631507222773760
Oliver Todd, DIT Iran’s new Trade Director having his first meeting with Tehran Chamber of Commerce to discuss joint collaboration on trade delegations and developing #UK #Iran trade relations https://twitter.com/tradegovukMENA/status/1158957043975426050
Am upbeat as Tema may not be the only opportunity for WSG - if all goes well Takoradi was part of the masterplan too https://new-ndpc-static1.s3.amazonaws.com/CACHES/PUBLICATIONS/2016/05/03/Volume+2-+3a-1.pdf and incidentally today the country has initiated a 475-million-dollar port expansion project at the Takoradi Port https://www.politicalanalysis.co.za/ghana-invests-475-million-dollars-into-takoradi-port-expansion-project/
Lots of ongoing diplomacy https://europediplomatic.com/2019/07/15/jcpoa-more-eu-states-willing-to-join-instex/amp/ “We have had unanimity on the need on the one hand to make INSTEX, the instrument we've put in place to have legitimate trade with Iran, faster and more operational” + “"The issue of whether INSTEX will deal with oil or not is a discussion that is ongoing among the shareholders." - if all else fails the seized oil tanker of Gibraltar is holding $120million of crude - could easily be used as a credit line to pay any creditors for services rendered???....