ILO and the Central Bank of Iraq launch new financial initiative supporting youth and small and medium enterprises from host communities and displaced populations in Iraq [EN/AR]
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With support from the Government of the Netherlands, the initiative will provide young women and men and small businesses with access to much-needed financial services that will help them start and develop their own businesses, while addressing barriers to decent self-employment.
31 March 2021
Erbil, Kurdistan Region of Iraq (ILO news) The International Labour Organization (ILO) and the Central Bank of Iraq (CBI), with support from the Government of the Netherlands, have launched a new financial inclusion initiative to support host communities and displaced persons in Iraq. The initiative will target young Iraqis and forcibly displaced entrepreneurs as well as existing businesses to access much-needed financial services that will help them start and develop their own businesses, while addressing o
Ship shape: vibration sensors improve onboard maintenance
Ship shape: vibration sensors improve onboard maintenance
2021 January 28, 10:00
CEST
By investing in SKF s Enlight ProCollect system for its tankers, Solvang will look to reduce unplanned downtime and maintenance costs.
Gothenburg, Sweden, 28 January 2021: Norwegian ship owner Solvang has introduced predictive maintenance to its fleet of tankers by investing in the new system for manual vibration monitoring, Enlight ProCollect from SKF.
Solvang, which transports a variety of petrochemicals, will use SKF s QuickCollect vibration sensors and ProCollect app to monitor a range of onboard rotating equipment. This will allow the company to identify equipment failure early, helping it to reduce unplanned downtime and maintenance costs.
AGI want tax regime that will make local producers competitive
The Association of Ghana Industries is calling on the government to introduce a tax regime that would make local producers competitive especially with the commencement of the Africa continental free trade Area agreement (AFCFTA).
Speaking to Citi Business News, Johnson Opoku-Boateng, Director of Business Development Service at AGI, says that the introduction of tax reliefs for local manufacturers will boost their production and better serve the economy.
“AGI is concerned about unfair competition and unfair trade practices. We should also be looking at the tariff regime. Instead of saying you want to reduce taxes for products that are coming from outside the country, that is finished products, so that you’d have volume coming in and based on the volume then you’re going to be having a lot of money from taxes, juxtapose that against Ghanaian industries who are employing Ghanaians here. They are going to be on the l
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