Connect with us

Business

Amazon buys ZOOX, a self-driving car company

Published

on

Amazon buys ZOOX, a self-driving car company

Amazon buys ZOOX: The company aims to build autonomous vehicles that people will be able to order like taxis, and will now do the same under Amazon’s direction, it indicated.

Zoox was developing robotic vehicles without steering wheels, brakes, and accelerator pedals, according to Independent.

The news was first reported on Thursday by The Information before being announced by Amazon.

The purchase gives Amazon control of a 1000-person team, which had previously been designing prototype vehicles for travel in urban areas.

The Financial Times reported that Amazon intends to let the self-driving company run independently.

This is similar to how Amazon manages the video game streaming website Twitch.

The Information hypothesized that the technology could be used in robots that travel on the sidewalk, something which the company is already experimenting with.

It could also be used to control drones, which could deliver Amazon packages.

It is reported that Amazon will pay over $1bn (£804.9m) for the company, although the company has not confirmed that price.

Amazon is also expected to invest billions in the company to bring its products to market.

“This acquisition solidifies Zoox’s impact on the autonomous driving industry,” said the Chief Executive Officer, Zoox, Aicha Evans.

“We have made great strides with our purpose-built approach to safe, autonomous mobility, and our exceptionally talented team working every day to realize that vision. We now have an even greater opportunity to realize a fully autonomous future.”

The Wall Street Journal reported last month that the companies were in advanced talks and the deal could value Zoox at less than the $3.2bn it achieved in a funding round in 2018.

“Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience,” said Jeff Wilke, Amazon’s CEO of Worldwide Consumer said in a statement. “Like Amazon, Zoox is passionate about innovation and about its customers, and we’re excited to help the talented Zoox team to bring their vision to reality in the years ahead.”

This is not the only entry into the self-driving space that Amazon has taken.

The shopping giant participated in a $530m funding round early last year in self-driving car startup Aurora Innovation.

It also tested self-driving trucks developed by the company Embark, which also works with the Alphabet-owned Waymo and Tesla.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Fake Beta Malt selling in the Ghanaian market – ABL warns public

Published

on

Fake Beta Malt selling in the Ghanaian market

Fake Beta Malt selling in the Ghanaian market – ABL warns public

Fake Beta Malt selling in the Ghanaian market: The Accra Brewery Limited (ABL) has cautioned the public to be wary of an unregistered Beta Malt brand that has not been approved by the Food and Drugs Authority (FDA) but has found its way onto the market.

ABL is advising consumers to be vigilant at the point of purchase and look out for only Beta Malt produced by the company and approved by the FDA with registration number FDA/DK 10-033.

ABL, in a statement, said it is the sole producer and distributor of the Beta Malt brand of International Breweries PLC, Nigeria, and is not approved for sale in Ghana.

It also noted that the infiltration of the Ghanaian market by another brand of Beta Malt is illegal and distributors of same are liable to be dealt with in accordance with section 110 of the Public Health Act, 2021 (Act 851).

Further, it said Ghana’s Food and Drugs Authority has not licensed the importation of any brand of Beta Malt into Ghana.

The public has, therefore, been encouraged to report any suspicions they may have to the offices of the FDA either physically or by calling 0551112224 or 0551112225.

Continue Reading

Business

List of Real Estate Houses With Their Prices And Locations in Ghana

Published

on

List of Real Estate Houses With Their Prices Regimanuel Grey Estate

List of Real Estate Houses With Their Prices And Locations in Ghana

List of Real Estate Houses With Their Prices: Real estate in Ghana is booming and there are many options to choose from if you are a foreigner or a local. Ghana has some of the best real estate developers who build quality and sustainable properties for use. Every one of us needs our own accommodation or shelter at a point in our lives so it makes perfect sense to invest in real estate in Ghana. The Ghana real estate market in 2019 was exceptional.

The coming year looks even more promising. To help in your search for that perfect estate house, we have created a list of estate houses with their prices and locations within Ghana so you can easily make a choice and contact them for a physical viewing and a great deal.

Real Estate Houses for Sale in Ghana

Here is a comprehensive list of estate houses in Ghana with their prices and locations as well as their developers. Buying an estate house is a good investment as it comes with the land and a good neighborhood. You can also decide to build your own house if you prefer that.

The Greens Estate

The Greens Estate

The Greens Estate is a new and luxurious estate located in community 25, Tema. You will find a modern, pleasant and satisfying home that has eco-friendly features as well as a wonderful community. You can take a 360-degree tour of the estate houses even before you arrange a physical viewing.

Prices and Location

Units Location Price (GHS)
The Neem Tema Community 25
456,867
The Oak Tema Community 25
581,962
The Pine Tema Community 25
413,356
The Oak Plus Tema Community 25
679,862

 

The Sohenko Courts

The Sohenko Courts

This estate is composed of many townhomes. Which form the Sohenko Estates. You can contact them to request a viewing of these magnificent estates.

Prices and Location

Unit Location Price ($)
5 Bedroom Mansion North Legon
210,000
4 Bedroom Townhouse North Legon
175,000
4 Bedroom House North Legon
190,000
3 bedroom Semi-detached Adenta
145,000
3 bedroom TownHouse North Legon
160,000
2 Bedroom TownHouse North Legon
95,000
2 Bedroom TownHouse North Legon
120,000

Paradise Estates

Paradise Estates

The Paradise Estates is a plush estate located within the East Legon Hills. This estate in Ghana has been well planned out to serve its residents on an aesthetic and practical basis. You will enjoy coming home to this serene estate from Paradise Estates in East Legon. There are many houses for sale in Ghana at East Legon but Paradise estate is one of the best you can get.

Prices and Location

Unit Location Price (GHS)
3 Bedroom Luxury Home East Legon Hills
951,807
4 Bedroom Luxury Home East Legon Hills
1,574,561

 

23 Odum Estates

23 Odum Estates

If you are ever in Accra and want to stay in a luxurious and well-built estate, then the 23 Odum would be a great option. 23 Odum has all the facilities to make your stay a very comfortable one. They have the following facilities at your disposal:

– 24hr Backup Power

– Excellent Roads

– 24hr Security

– Swimming Pool

– Kids Play Area

– Integrated Solar Power (optional)

– Fibre Broadband Connectivity

– Electric charging Station (optional).

Prices and Location

Units Location Price ($)
4 Bedroom Townhouse Dzorwulu
385,000

Adom City Estate

List of Real Estate Houses With Their Prices Adom City Estate

The Adom City Estates can be found in the Eastern region at the border with the Greater Accra region. This real estate company has a number of estates around Ghana which they have developed and some of which are still under construction, like the Adom City Estate Community 25 project in Tema. Tema has witnessed many changes over the past few years and one of the major ones is the real estate sector.

Adom City Estates has 3 estates: the Adom Hills, Adom Court, and the Community 25 project. They have proven to be one of the best real estate companies in Ghana and have won multiple awards. This is mainly because of the affordability of their estates. Affordability in real estate in Ghana is still very relative but Adom real estate is doing a great job in the middle and lower class category.

Prices and Location

Units Location Price (GHS)
2 Bedroom Tema 200,000
2 Bedroom Kasoa 170,000
3 Bedroom Tema 270,000
3 Bedroom Kasoa 230,000
4 Bedroom Tema 400,000
4 Bedroom Kasoa 350,000

The Adom Courts at Kuntunse, Adom Hills at Apra, and the last in Tema, Community 25 are some of the best estates in Accra. If you are interested in living on the periphery of the city then these estates would be ideal for you. Adom Estates have very competitive prices for 3 bedroom houses and more in Ghana.

Lakeside Estate

List of Real Estate Houses With Their Prices Lakeside Estate

The Lakeside Estate is a very beautiful and well-organized estate in Ghana. You can find the Lakeside Estate at Ashale-Botwe in Accra. This estate is ideal for families as it has all the necessary amenities like a park for recreation, a hospital, and more. There is currently Lakeside Estate property for sale at good prices so make sure to check the table below to know the current prices. There are a few lakeside estate houses for rent which you might want to take advantage of as well.

Many people search for Lakeside Estates land for sale because Lakeside is one of the best Estates in Accra. You can get a 2 bedroom house at Lakeside  Estate at a very affordable price. Lakeside Estate townhomes and Lakeside estate apartments are a real asset to have.

Prices and Location

Unit Location Price ($)
2 Bedroom Semi-Detached (Shell) Adenta Municipality 57,000
2 Bedroom Detached (Sea Shell) Adenta Municipality 99,750
3 Bedroom Detached (StarFish) Adenta Municipality 125,000
3 Bedroom With BQ (Super Starfish) Adenta Municipality 155,000
4 Bedroom Executive With An Outhouse (Dolphin) Adenta Municipality 210,000

 

Regimanuel Grey Estate

Regimanuel Grey Estate

The Regimanuel Grey Estate company has contributed greatly to real estate in Ghana. They have truly aided in the major housing deficit that Ghana is struggling with. Some of the estates that Regimanuel Grey have built include the following:

  • East Airport development includes the Regimanuel Estates Golden Gate, Silver Bells, Platinum Place and Diamond Hills.
  • Meridian Garden at Klagon
  • Eagles Palace at Sakumono
  • Katamanso is close to Ashiyie which includes the Regimanuel Adom Gate Estates.
  • Balloon Gate at Kwabenya

Regimanuel Grey Estates are well-planned communities of over 600 executive single and two-storey houses and 240 luxury apartments set in a serenely landscaped environment including a beautiful community centre, pool and tennis courts. With close to 1000 buildings, Regimanuel grey is one of the most sought after estates in Ghana.

Below are the Regimanuel Estate prices for consideration. As one of the major real estate companies in Ghana, you can be assured of quality service.

Prices and Location

Unit Location Price ($)
Detached 2 Storey  Sakumono 650,000
Semi-Detached 2 Storey Sakumono 595,000
3 Bedroom Apartments Klagon 270.000
RG-3 Katamanso 234,000
2 Bedroom Apartments Klagon 190,000
RG-7 Katamanso 150,475
2 Bedroom Apartments Kwabenya 125,000
RG-1 Katamanso 83,400

Trasacco Valley Estates

Trasacco Valley Estates

Trasacco is undoubtedly one of the best real estate companies in Ghana with a credible reputation. Many people like to take pictures at Trasacco Valley due to the exquisite finishings. Some of the Trasacco developments include the following: Trasacco Springs, Cantonments Development.

There are many Trasacco homes for sale in Ghana right now that you can view and purchase. You can get the prices of houses in Trasacco Accra, Ghana in the table below. The Trassaco Ghana house prices are estimated based on the data from the Meqasa website.

Prices and Location

Units Location Price (GHc)*
2 Bedroom Arjinganor, East Legon 250,000 – 1.6M
3 Bedroom Arjinganor, East Legon 650,000 – 3.5M
4 Bedroom Arjinganor, East Legon 1M – 7M
5 Bedroom Arjinganor, East Legon 2.7M – 13.5M

 

*These prices are approximations based on data taken from the Meqasa website.

 

Continue Reading

Business

What is the full meaning of SWIFT code?

Published

on

Society for Worldwide Interbank Financial Telecommunication What is the full meaning of SWIFT code?

What is the full meaning of SWIFT code?

SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in ‘XXX’) refer to the head or primary office. SWIFT codes are formatted as follows:

  • First 4 characters – bank code (only letters)
  • Next 2 characters – ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters – location code, the passive participant will have “1” in the second character (letters and digits)
  • Last 3 characters – branch code, optional – ‘XXX’ for primary office (letters and digits)

Read more: Find SWIFT codes of all banks in Ghana

Continue Reading

Trending