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Continuing the Integrated Supply Chain Management Concept

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Core Principles of Integrated Supply Chain Management Integrated Supply Chain Management (ISCM) is built on a foundation of core principles that guide its implementation and ensure the attainment of sustainable value. One of these principles is the concept of the remote cause, which emphasizes the importance of conducting a thorough review of all established norms, processes, and procedures before initiating any activity. This ensures a comprehensive understanding of the environment in which decisions and actions are made. The ultimate goal is to achieve efficiency and optimization, resulting in what is known as Absolute Value. Understanding Absolute Value Absolute Value refers to the actual gain derived from an activity, decision, or action. It represents the life-cycle composite gain, which is directly correlated with three key aspects: Predictive Results : The maximum returns achievable through strategic planning and execution. Progressive Results : The accelerated rate of ret...
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GCB Bank Launches Hajj Account for Tamale's Muslim Community

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A New Financial Tool for Muslim Pilgrims in Ghana The introduction of the GCB Hajj Savings Account has been met with widespread approval from Islamic scholars, youth, and community leaders in Tamale. This initiative is seen as a significant step forward in helping more Ghanaian Muslims prepare both financially and spiritually for the annual Hajj pilgrimage to Mecca. At the launch event held in Tamale last Thursday, religious leaders praised GCB Bank for developing an innovative product that caters specifically to the needs of the Muslim community. The account is designed to support individuals in their journey toward fulfilling one of the five pillars of Islam. Sheikh Abdul Mumin, the Head of the Shia Community in Tamale, described the product as unique and emphasized the importance of planning and saving. He said, “Allah, the most merciful, is the ultimate provider, but that does not mean we should sit idle. We must make the effort to plan and save gradually, and Insha Allah, we wi...
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GNPC Hosts 7th APPO NOC CEOs Meeting in Accra

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Key Event in Africa’s Energy Sector The Ghana National Petroleum Corporation (GNPC) is set to host the 7th edition of the African Petroleum Producers’ Organization (APPO) National Oil Companies (NOCs) CEOs Meeting in Accra, scheduled for September 14-15, 2025. This significant event will serve as a crucial platform for high-level discussions among leaders in the African petroleum industry. Bringing Together Industry Leaders This flagship APPO initiative will gather CEOs and senior executives from 19 African oil-producing countries. The primary goal of the meeting is to foster strategic dialogue on regional collaboration, innovation, and sustainability within Africa’s petroleum sector. The gathering aims to create a space where ideas can be exchanged, challenges can be addressed, and opportunities for growth can be explored. Leadership and Influence Kwame Ntow Amoah, Acting Chief Executive Officer of GNPC and current Chair of the APPO NOC CEOs Forum, will lead the meeting. His role...
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Human Capital Development: Solving Low Employee Engagement

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Understanding Human Capital Development Every organization aims to have responsible and engaged employees who can contribute to the success of the business. The more educated the workforce, the more skilled they become in contributing to productivity. Businesses are therefore focused on increasing profitability with the available resources at their disposal. This has led to a growing interest in human capital development and a growing recognition for investment in it through lifelong learning within organizations. Gallup research highlights a global productivity loss of $9.6 trillion (9% of global GDP) due to low employee engagement, with only 23% of global employees currently engaged in their jobs because of a significant lack of “someone encouraging their development.” According to a 2024 Gallup survey, this is a key indicator of human capital decline. Only 30% of U.S. employees strongly agree that someone at work encourages their development. In theory, human capital is found to ...
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T&A Stadium Sparks Debate on Government Spending and CSR Policies

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A Model of Efficiency and Community Development President John Dramani Mahama recently highlighted the Tarkwa and Aboso Sports Stadium, commonly known as ‘T & A Park,’ during his first media engagement to discuss the achievements of his administration in the initial months. His recognition was not random; he praised the facility as an example of cost-effective sports infrastructure. This stands in stark contrast to the rising costs associated with government-led projects. During a question-and-answer session on sports infrastructure, the President pointed to the Tarkwa Gold Fields Stadium as a prime example of wise investment. He noted that the stadium, built for football activities, cost approximately $13 million. In comparison, when the Government of Ghana constructed a similar stadium, it required hundreds of millions of dollars. The President emphasized that the Tarkwa stadium is a standard facility that can accommodate around 10,000 people. His conclusion was straightforward...
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Dollar Slumps as Dong Rises

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U.S. Dollar Weakens Against Vietnamese Dong Amid Global Market Shifts The U.S. dollar experienced a decline against the Vietnamese dong on Wednesday morning, reflecting broader global currency movements. The greenback was trading near a four-year low against the euro, signaling ongoing uncertainty in international financial markets. At the commercial banks, Vietcombank sold the U.S. dollar at VND26,457, marking a 0.04% decrease from the previous day’s rate. On the black market, the currency was valued around VND26,535, showing slight variations in exchange rates across different platforms. Meanwhile, the State Bank of Vietnam adjusted its official rate downward by 0.04%, setting it at VND25,198 per dollar. Globally, the U.S. dollar remained under pressure, trading near a four-year low against the euro and hitting a one-month low against the Japanese yen. This trend came as traders anticipated a likely interest rate cut from the Federal Reserve later in the session. The anticipation ...
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Hong Kong Needs to Attract Mainland Tech Firms and Boost Small Business Growth

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Hong Kong Chamber of Listed Companies Proposes Strategies to Enhance the City's Economic Standing The Hong Kong Chamber of Listed Companies (HKCLC) has proposed several strategies aimed at enhancing the city’s economic standing, particularly in attracting mainland technology firms and boosting market activity for smaller listed companies. These recommendations were presented to Chief Executive John Lee Ka-chiu during a recent consultation session ahead of his Policy Address. Chan Ka-keung, the new chairman of HKCLC, emphasized that while Hong Kong has successfully attracted many mainland technology and biotechnology firms in recent years, there is still room for improvement. He pointed out that over 200 listing candidates are currently in the pipeline, but many of these companies use their fundraising to expand operations on the mainland or internationally rather than establishing a presence in Hong Kong. "If these mainland start-ups have more of their operations in Hong Ko...
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Robert Prevost Ascends: First American Elected as Pope Leo XIV Leads Catholic Church

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Stay tuned for our real-time blog updates on the selection of Pope Leo XIV. Vatican City: On Thursday evening, Cardinal Robert Prevost, an American-born missionary and high-ranking Vatican official, was chosen as the new pope, marking the first time in the church’s 2000-year existence that an American has held this position. He will take the title of Pope Leo XIV. The announcement took place around 6:05 pm local time when white smoke started rising from the comignolo – the copper and steel flue situated above the Sistine Chapel – ascending into the evening skyline over Rome. The crowd in St Peter’s Square, which included pilgrims, visitors, and clerics, broke out into cheers and clapping. Amidst a throng of elated pilgrims, the exclamation "habemus papam!" ("we have a pope") filled the air during a breathtaking Roman sunset. They celebrated the installation of the 267th pontiff through waving flags, enthusiastic cheers, ...
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Social Skill List

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Here are 50 different social skills for kids. Social skills are diverse and it is common for individuals to adopt their own style of socializing. How Are My Social Skills Checklist A Self Rating Checklist That Helps Children Understand Teaching Social Skills Social Skills Lessons Social Skills For Kids To have well-developed social skills is to be able to adjust your behavior according to the present situation and goal. Social skill list . Some social skills are quite complicatedlike understanding its important to be assertive when a friend is being bullied or understanding staying silent when you dont agree with a call from the umpire. We have created a list of 50 social skills that we feel are valuable for teens to learn as they start their transition into adulthood. You take time to truly understand others and are considerate to their needs. Look for teachable moments where you can help your kids do better. List of Social Skills for Kids. The following social skills che...
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HESTA Super Fund Keeps WiseTech Global in Sights

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The news: HESTA has added WiseTech Global to its monitoring list because of worries regarding the technology firm’s management practices, executive leadership, and workplace environment. The context: The superannuation fund worth $91 billion stated in an official release that they had doubts about the logistics software firm’s capability to implement required modifications aimed at reinstating investors' trust. The document highlighted issues concerning the behavior and decisions made by Executive Chair Richard White, the perceived lack of independence within the WiseTech board, doubts about company leadership and potential successors, as well as reports of early inquiries initiated by the Australian Securities and Investments Commission. WiseTech has experienced several turbulent months due to personal issues involving White, which have included complaints from former employees along with claims made by his ex-partner Linda Rogan , resulting in the ste...
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