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The New Revolution In Transportation Is Here- Raba Rides

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Do you still hustle with transport to and from work? Do you still hustle with transport when travelling? Worry no more Raba Rides is here for you. Raba Rides is a start-up in the ride-sharing software development industry. Raba Rides offers transportation services to the Ghanaian public in a modality different from current ride-sharing apps.

That is, while current ride-sharing apps allow the user to request a ride from a waiting driver, Raba seeks to approach this from a carpooling point of view, where both drivers and passengers have control over the starting point and destination of a trip, and fees are split between them.

What is carpooling?
Carpooling (also car-sharing, ride-sharing and lift-sharing) is the sharing of car journeys so that more than one person travels in a car, and prevents the need for others to have to drive to a location themselves.

Ultimately, the business is building a sharing economy, allowing people in urban cities (primarily in Africa) to leverage technology in order to access resources for their well-being and productivity through community, togetherness and mutual support; and the starting point of this vision is with a ride-sharing (carpooling) platform that allows car-owners and passengers who are heading the same way at a specific time to meet each other, share a ride, network and share costs.

Based on our research we have identified that both drivers and passengers go through the following hustle:

Queuing and tussling for space in tro-tros.
Stress and tiredness in acquiring transportation.
Sullying of outfits due to dust and tussling with others.
Time wasting due to the uncertainty of arrival of these cars.
Taking multiple vehicles to get to the said destination.
Long hours in traffic due to a large number of cars on the road.
Drivers unsure of when and where they are to source/pick their passengers.
Fuel cost borne alone by private drivers.

Solution
Raba Rides is a cheaper alternative, convenient to drivers (who will do pickups at designated spots on their already decided routes), and equally rewarding to them as cost of fuel and car maintenance is split amongst passengers in compensation for space provided, and rewards are given for their efforts.
It is also useful to both drivers and passengers because both were already planning to go a certain way, as such neither is taking the inconvenience of derailing a route for their counterpart.

The process is also simple and stress-free: one just needs to sign up to create or book a ride, then meet the driver or passenger at designated stop (at specified time), and be on their way to the destination. Since rides are planned and booked in advance, Raba Rides offers an advantage in the time factor as people can properly plan their routes and day in general, whether drivers or riders.

Raba Rides is for you if you are :
A private car owner
You use your car for individual/family/private trips

A private bus or taxi owner
You use your car for transportation services to regularly scheduled routes

A professional driver
You offer private transport services to organised groups: in churches, workplaces, schools, tourists, etc.

An individual
You are looking to move on your daily routes in a cheaper and more organized way

An organized group
Looking to make one-off trips to an event, a tour, etc

Moving up and down in town can sometimes be stressful — thick traffic, long waits at the bus stop, expensive fares, winding unending queues, so much fuel money spent and more carbon emission. Don’t you think there has to be a less stressful and better way to move to and from work, school, church or an event? If you own a car and you wish to help others breathe a sigh of relief from the stress of moving from point A to B, then Raba Rides is the best way to help. Raba Rides is also for you if you don’t own a car and wish there was a more comfortable but inexpensive way to move about.

Sign up now to book a ride

Raba Rides – #Sharingiscaring

Business

SSNIT Calls For A Review Of Contribution Rate.

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The Social Security and National Insurance Trust (SSNIT) has called for a review of the contribution rate of workers to enable it to sustain the pension scheme and to pay workers higher pensions.

Currently, the contribution rate is 11 per cent of basic salary but SSNIT wants it reviewed to 19.2 per cent.

At the Volta Regional forum in Ho to discuss issues related to pensions, benefit computation, among others, the Director-General of SSNIT, Dr John Ofori-Tenkorang, said there was the need for a discussion on what the correct funding rate should be for the scheme.

The forum was organised by the Trade Union Congress (TUC) in collaboration with SSNIT.

Participants were taken through practical details of how to estimate their pensions.

Dr Ofori-Tenkorang said the benefits that pensioners received as compared to the contributions they make showed that there was a chance that SSNIT might not be able to meet its obligations in the future especially when more and more pensioners come on board.

“We have had external actuaries who come and look at our scheme every three years and some of their suggestions they have been making is that we should come up with an appropriate funding rate to sustain the scheme,” he said.

The time, he said, had come for the country to build a robust and sustainable scheme that would still be there for generations to come.

No cheating

Responding to claims that SSNIT pensions were low, Dr Tenkorang debunked such claims, stating that there were no myths surrounding benefit computation and that pensions were “a direct reflection of salaries of workers on which they contribute”.

He described SSNIT as a “generous scheme”, explaining that the lowest paid pensioner earns more than a lowest paid worker in active service despite meagre contributions.

According to him, the system put in place did not create the opportunity for SSNIT workers to steal people’s pensions and in a situation whereby there was a wrong computation of benefits, it could be easily rectified.

“SSNIT does not cheat workers. I can’t cheat you; SSNIT workers cannot cheat you too. If they don’t even pay you the right amount, they can’t put that money in the pocket because wrong computation can easily be corrected,” he told members of labour groups and workers at the forum.

The SSNIT boss mentioned that SSNIT had embarked on an aggressive public education agenda to promote knowledge of the scheme among others and for that matter has rolled out the second phase of infoshop in five universities to empower next generation of workers on their right to the scheme.

TUC

The Deputy Secretary General of TUC, Mr Joshua Ansah, said pensions had been a major concern for workers in Ghana and that was why they felt it necessary to bring the top hierarchy of SSNIT to address the concerns for workers.

He urged workers to take an active interest in their social security and retirement planning.

Source: Citi Business News

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Ghana Leads Africa In Gold Production

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South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as continental leader to Ghana.

The country that led global gold production for a century and extracted about half the bullion mined to date is now Africa’s second-largest gold producer. Output is shrinking as operators capitulate to stubbornly high costs, regular strikes and the geological challenges of tapping the world’s deepest mines.

Meanwhile Ghana, a country whose gold-mining industry dates back to the 19th century, is benefiting from lower-cost mines, friendlier policies and new development projects.

South African industry stalwarts AngloGold Ashanti Ltd. and Gold Fields Ltd. are shifting their focus to other countries — including Ghana — where deposits are cheaper and easier to mine. The largest remaining gold miner in South Africa, Sibanye Gold Ltd., is cutting thousands of jobs and diversifying into platinum-group metals as it struggles to contain costs.

The difficulties facing South African gold mines mean output is contracting even though it’s got the world’s second-largest reserves of the metal, according to estimates from the U.S. Geological Survey.

In Ghana, gold output jumped 12% in 2018, according to data from the country’s Chamber of Mines. Small producers account for the largest share of the total, although the nation also hosts some of the world’s biggest gold miners, including No. 1 producer Newmont Goldcorp Corp. While Newmont is exploring in Ethiopia, Ghana is the only place in Africa where it operates.

“It’s an important part of our portfolio and, geologically we see really good potential to continue to expand,” Chief Executive Officer Gary Goldberg said in an interview. “We’re very happy operating in Ghana.”

The West African nation’s output will get a further boost when AngloGold Ashanti’s Obuasi operation, previously overrun by illegal miners, restarts later this year. Production from Obuasi is forecast at 350,000 to 450,000 ounces of gold annually during the first 10 years.

The Obuasi operation “will be an engine for growth” for AngloGold, CEO Kelvin Dushnisky said in September. The company is investing as much as $500 million to revive the mine.

Gold Fields, which has operated in Ghana for 26 years, says authorities there understand what makes for a “sound” business environment. The country cut corporate taxes in 2016 and in 2017 changed Gold Fields’ mineral royalty to a sliding scale based on the gold price, from a 5% flat rate.

“The government of Ghana’s 10% free-carry stake in all mining companies provides a level of security to the investment,” said Sven Lunsche, spokesman for Gold Fields.

Back in South Africa, a dearth of exploration and investment means the sector that once powered Africa’s most-industrialized economy will continue to shrink, said Mineral Resources and Energy Minister Gwede Mantashe. As South Africa’s 130-year-old industry limps toward its final years, mining investors must look beyond gold for better returns, he said.

“Gold is an old sector and naturally it will decline,” Mantashe said. “New minerals that are discovered are becoming more important.”

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Kasapreko Donates To Chief Imam To Mark EID-UI-FITR

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Ghana's leading and most successful beverage company, Kasapreko Company Limited has donated one of it’s latest innovations, Smart Choice flavoured water and other brands including Awake Purified Drinking Water, Storm Energy drink, Chocomalt, Kiddy Pack drinks to the National Chief Imam, Sheikh Dr. Usamanu Nuhu Sharabutu to mark this year’s Eid-UI-Fitr.

Presenting the donation at the office of the National Chief Imam in Accra, Mr. Chris Addo – Sarkodie, Marketing Manager at Kasapreko said the donation was in line with their social responsibility and given the reverence and stature of the National Chief Iman, the company felt it proper to undertake this exercise.
He also maintained that they look forward to stronger relationship with the Office of the Chief Iman in the ensuing years.

National Chief Imam Sheik Dr. Osmanu Nuhu Sharubutu applauded Kasapreko company Limited for the kind gesture and used the opportunity to pray for the entire nation – appealing to Muslims to bridge the gap between the rich and poor by way of giving to the needy and less privileged in the society and the Muslim community.

Sheikh Aremeyaw Shaibu (Spokesperson for the National Chief Imam), who received the donation expressed appreciation for the kind gesture.

Chief Imam ended the ceremony with a prayer that Allah blesses the company in all its endeavours.

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Kasapreko Wins Most Admired Brand In Africa

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Kasapreko company limited, one of the leading and most successful beverage producing company in Ghana emerged among the Top 25 most admired brands in Africa. This was announced at the 7th annual Brand Africa report in Belgium on the 24th May 2019.

Kasapreko company limited is the only Ghanaian business that made it to the top 25 most admired brands in Africa, according to the report unveiled by Johannesburg Stock Exchange (JSE) in partnership with Geopoll , Kantar, Brand Leadership and Africa Business Magazine.

Brand Africa 100 is a Pan Africa survey and ranking of Africa’s best brand developed by Brand Leadership. The rankings are based on comprehensive survey by Geopoll, a global leader in providing high quality market research in emerging markets and strategies analysis weighted by consumer admiration and Kantar, the world leading Data, Insight and consulting firm.

Kasapreko Company Limited beats brands such as Amarula, Jumia , Kenya Airways, Ethiopian Airlines, Star Beer, Kwese among others in the categories of Alcoholic Beverages, Retail, Aviation, Food , Media and Personal Care.

Commenting on the award, Mr. Richard Adjei, Managing Director of Kasapreko said, This honour is dedicated to the hard working staff of the company, Key distributors and partners for their continues support and growth to the organisation.

He also thanked the customers and consumers of kasapreko brands on the continent which has seen the company been ranked as the most indigenous Ghana beverage provider in Africa.

Mr. Gerald Bonsu, the commercial Director also added that the company’s brand portfolio holds the most loved brands such as Alomo Bitters, Storm Energy Drink, Awake Purified Drinking Waater , K20 Whiskey, sold in the world.

Mr. Bonsu assured that the Flagship brand of the product of KCL , Alomo Bitters is in its 20th Anniversary. Alomo Bitters which is a scientifically formulated herbal alcoholic beverage has met all international students selling in many countries across the world.

Kasapreko Company limited is a multi National total beverage company having with product line categories such as Water, Wine, Cuder, Liquor and whiskey.

The company has bagged several awards including West Africa Business Excellence Awards, Export Manufacturing company of the year, Alcoholic Bitter of the year (Alomo Bitters, Manufacturer of the year (Kasaperko Company Limited) , Best Local Tax Compliance Company of the Year by Ghana Revenue Authority, ISO Certified Company and Ghana Club 100 among others …

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