Bank of Ghana Governor Ernest Addison ruled out providing more loans to the government to help narrow the budget shortfall, saying it would put exchange-rate stability at risk.

The central bank shelved its zero-financing policy this year to lend the government 10 billion cedis ($1.7 billion) to help mitigate the impact of the coronavirus pandemic on the West African economy. Ghana’s budget deficit is projected to reach 11.4% of gross domestic product by the end of December, against an initial target of 4.7% of GDP.

“The wide fiscal gap raises important financing issues,” Addison said in a speech late Thursday, in the capital, Accra. “Its financing should not be by recourse to central bank funds, as this will weaken the central bank’s ability to serve as the anchor of monetary- and exchange-rate stability.”

The cedi has had its most stable spell in more than a decade this year, weakening 2.6% to the U.S. dollar. That’s even as the global health crisis drove Ghana’s ratio of debt to gross domestic product to 71% in September, the highest in four years.

“Going forward, difficult decisions will have to be taken to reorganize public finances and expenditure priorities, while exploring more sustainable revenue sources,” Addison said.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].

Nigeria’s Air Peace began Lagos to Johannesburg flights on 17 December 2020, using its sole B777-200ER.

The 4,511-kilometre route currently has no direct competition and is operated twice-weekly with an elapsed time of six hours in both directions.

It leaves Lagos at 0100, arrives Johannesburg at 0800, departs at 1100, and arrives back at 1600.

South African Airways has operated the route for years on which the airline had over 232,000 seats – its most – in 2014. It’ll resume the route on a daily basis from 1 February 2021.

Arik Air operated it until 2017 and depending on the year it variously used B737-800s, A330-200s, and A340-500s.

Virgin Nigeria operated it briefly in 2012 using A330-200s.

At its peak in 2014, Lagos – Johannesburg had over 462,000 seats, but this diminished to just 179,000 in 2019.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].

The COVID-19 pandemic has triggered a funding crisis for global Non-Governmental Organisations (NGOs) when they are needed most. As tax revenues from donor countries continue to shrink, and corporate social responsibility (CSR) budgets dwindle, NGOs must utilise all available measures to achieve potential savings without compromising the quality and quantity of their aid.

One way where potential savings could be achieved is through satellite connectivity. Continuous developments in the satellite industry offer a prime cost-cutting opportunity for cash-strapped NGOs. This is especially true for those operating across the African region, where satellite communication is already an established tool among the NGO community, so there is existing ground infrastructure to receive the satellite signals.

Notably, satellites have unique characteristics; such as their global unrivalled reach, as well as their reliability and resilience that enables them to provide truly ubiquitous coverage, covering 99% of the world’s population. Then there is also their rapid deployment that exceeds any currently available infrastructure.

Considering that limited connectivity infrastructure poses a major challenge to many NGOs, especially those operating in underdeveloped areas, satellite communication across these regions should be easily accessible and affordable.

Frank Bauner, CEO of IABG Teleport

Historically, an NGO would commission satellite links per location or project. Today, however, it is possible to establish a pool bandwidth for all remote locations across an expansive region like Africa, and save up to 25% of an NGO’s very-small-aperture terminal (VSAT) budget, by using the available bandwidth in an efficient way, without impacting the user experience.

This is because time-division multiple access (TDMA) technology allows private bandwidth pools to be set up with customisation of bandwidth allocation per remote location. And due to the vast coverage of satellite beams, it is possible to add all remote locations across Africa within one single beam – SES’s NSS-12 satellite is ideal in this instance, as it covers the entire African continent.

The specific solution is called Private Supra-regional Pool Bandwidth (PSPB), and the idea behind it is quite simple. Instead of procuring a single link for each location, a private pool bandwidth is established for all remote locations in the region. NGOs can also combine forces and procure the bandwidth together to reduce individual costs. But in order to ensure that unused bandwidth within the network is only used by other remote locations from the NGO, this pool bandwidth has to be private.

This means that the degree of efficiency achieved by the pool bandwidth, increases with the number of remote locations connected to it. This creates the opportunity for NGOs to join forces and maximise the cost-saving benefits. With a growing number of sites, even in one time zone or country, the probability of a simultaneous internet use will decrease. This probability then decreases even further when sites are located across different regions and time zones.

To put this into context, IABG has leveraged SES’s NSS-12 C-band capacity since June 2020, in order to upgrade our broadband satellite network infrastructure and support cost-effective iQ modems for African NGOs.

Thanks to the very powerful and economical new modem generation, IABG Teleport is enabling NGOs with connectivity services delivered via satellites with a low one-time investment.

Frank Bauner, CEO of IABG Teleport

Over and above these cost-saving benefits, the private pool bandwidth also allows backup service for sites that are connected via terrestrial networks. This backup service comes at no additional cost. Terrestrially-connected sites can be connected as a backup link to the pool bandwidth. In case of an outage of the terrestrial link, the connectivity can therefore be continued by the VSAT pool bandwidth.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].

The Wildlife & Environment Society of South Africa (WESSA) has announced that 58 Blue Flags will be flown at 48 beaches, six marinas and by four sustainable tourism boats around South Africa over the forthcoming 2020/21 Blue Flag season.

Nineteen Pilot sites received recognition for their efforts in working towards the minimum requirements for Blue Flag Status.

The Blue Flag programme is focused on the conservation of marine and coastal habitats, and is designed to raise environmental education and awareness, and increase sound environmental practices among tourists, local populations and beach management.

To achieve Blue Flag status, as many as 33 different criteria spanning four aspects of coastal management must be met and maintained: water quality, environmental education and information, environmental management, and safety and services.

You can find the full list of Blue Flag beaches detailed below.

Western Cape

Beach Region Municipality
Silwerstroomstrand Western Cape City of Cape Town
Clifton 4th Western Cape City of Cape Town
Camps Bay Western Cape City of Cape Town
Llandudno Western Cape City of Cape Town
Muizenberg Western Cape City of Cape Town
Strandfontein Western Cape City of Cape Town
Mnandi Western Cape City of Cape Town
Bikini Western Cape City of Cape Town
Melkbosstrand Western Cape City of Cape Town
FishHoek Western Cape City of Cape Town
Kleinmond Western Cape Overstrand
Hawston Western Cape Overstrand
Grotto Western Cape Overstrand
Castle Beach Western Cape Overstrand
Witsand Western Cape Hessequa
Preekstoel Western Cape Hessequa
Lappiesbaai Western Cape Hessequa
Jongensfontein Western Cape Hessequa
Gouritzmond Western Cape Hessequa
Stilbaai Wes Western Cape Hessequa
De Bakke Western Cape Mossel Bay
Hartenbos Western Cape Mossel Bay
Klein Brak Western Cape Mossel Bay
Santos Western Cape Mossel Bay
Glentana Western Cape Mossel Bay
Robberg 5 Western Cape Bitou
The Waves – Keurboomstrand Western Cape Bitou
Nature’s Valley Western Cape Bitou
Lookout Western Cape Bitou
The Dunes Western Cape Bitou
Singing Kettle Western Cape Bitou

KZN

Beach Region Municipality
Marina KwaZulu-Natal Ray Nkonyeni
Trafalgar KwaZulu-Natal Ray Nkonyeni
Southport KwaZulu-Natal Ray Nkonyeni
Umzumbe KwaZulu-Natal Ray Nkonyeni
Hibberdene KwaZulu-Natal Ray Nkonyeni
Ushaka KwaZulu-Natal Ethekwini
Durban North Beach KwaZulu-Natal Ethekwini
Point KwaZulu-Natal Ethekwini
Amanzimtoti KwaZulu-Natal Ethekwini
uMhlanga Main KwaZulu-Natal Ethekwini

Eastern Cape

Beach Region Municipality
Hamburg Eastern Cape Amathole
Dolphin Eastern Cape Kouga
Kings Eastern Cape Nelson Mandela Bay Metro
Humewood Eastern Cape Nelson Mandela Bay Metro
Hobie Eastern Cape Nelson Mandela Bay Metro
Kariega Eastern Cape Ndlambe
Kelly’s Eastern Cape Ndlambe

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].