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    A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

    2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

    The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

    IMF Urges Ghana to Be Strategic in Market Intervention Efforts

    The Nigerian film industry has once again witnessed love take center stage as popular Nollywood actress Eve Esin tied the knot with her Ghanaian partner, Suleman, in a colourful and emotional ceremony held over the weekend in Uyo, the capital city of Akwa Ibom State.

    Nollywood Star Eve Esin Marries Ghanaian Partner Suleman in Glamorous Uyo Ceremony

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    NPA corruption scandal deepens—OSP uncovers new evidence, raises charges

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    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    Accra — It may not even be the official start of December yet, but Ghana’s festive season seems to have found its explosive kickoff. ShattaFest 2025, headlined and organized by Dancehall superstar Shatta Wale, transformed Accra’s Independence Square into a sea of energy, music, and celebration last Saturday night.

    ShattaFest 2025: Shatta Wale Sets Independence Square Ablaze With an Unforgettable Night of Music and Unity

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    Denkyirahemaa’s Legal Advisor Dismisses Injunction Rumours on King’s Coronation

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    Sia’s Estranged Husband Seeks Over $250,000 Monthly in Spousal Support, Citing Lavish Lifestyle During Marriage

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    Inflation falls below 10% for first time in four years, now at 9.4%

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    A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

    2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

    The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

    IMF Urges Ghana to Be Strategic in Market Intervention Efforts

    The Nigerian film industry has once again witnessed love take center stage as popular Nollywood actress Eve Esin tied the knot with her Ghanaian partner, Suleman, in a colourful and emotional ceremony held over the weekend in Uyo, the capital city of Akwa Ibom State.

    Nollywood Star Eve Esin Marries Ghanaian Partner Suleman in Glamorous Uyo Ceremony

    NPA corruption scandal deepens — OSP uncovers new evidence, raises charges

    NPA corruption scandal deepens—OSP uncovers new evidence, raises charges

    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    Accra — It may not even be the official start of December yet, but Ghana’s festive season seems to have found its explosive kickoff. ShattaFest 2025, headlined and organized by Dancehall superstar Shatta Wale, transformed Accra’s Independence Square into a sea of energy, music, and celebration last Saturday night.

    ShattaFest 2025: Shatta Wale Sets Independence Square Ablaze With an Unforgettable Night of Music and Unity

    Denkyirahemaa’s Legal Advisor Dismisses Injunction Rumours on King’s Coronation

    Denkyirahemaa’s Legal Advisor Dismisses Injunction Rumours on King’s Coronation

    Ministry of Health to Collaborate with UCC to Train Health Specialists

    Ministry of Health to Collaborate with UCC to Train Health Specialists

    Sia’s Estranged Husband Seeks Over $250,000 Monthly in Spousal Support, Citing Lavish Lifestyle During Marriage

    Sia’s Estranged Husband Seeks Over $250,000 Monthly in Spousal Support, Citing Lavish Lifestyle During Marriage

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    Nigerian police fire tear gas as protesters gather over separatist leader

    Nigerian police fire tear gas as protesters gather over separatist leader

    ‘Father of our democracy’: Kenya’s Raila Odinga dies in India aged 80

    ‘Father of our democracy’: Kenya’s Raila Odinga dies in India aged 80

    Forty-two killed as bus crashes on South Africa mountain pass

    Forty-two killed as bus crashes on South Africa mountain pass

    Sudan Military leader convicted of war crimes — What it means for Darfur now

    Sudan Military leader convicted of war crimes — What it means for Darfur now

    MIIF probe escalates with Goldridge Refinery in spotlight

    MIIF probe escalates with Goldridge Refinery in spotlight

    Inflation falls below 10% for first time in four years, now at 9.4%

    Inflation falls below 10% for first time in four years, now at 9.4%

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Facebook undersea cable to boost South East Asia internet

Mabel Boamah by Mabel Boamah
5 years ago
in Tech
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Facebook undersea cable to boost South East Asia internet
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Facebook and Google are planning two new undersea internet cables to connect South East Asia to North America.

The project with regional telecoms companies aims to supply faster internet to Singapore and Indonesia.

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This comes after Facebook withdrew three projects to connect the US to Hong Kong with similar cables, following government concerns over spying.

The cables require regulatory approval from the national governments involved.

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“Named Echo and Bifrost, those will be the first two cables to go through a new diverse route crossing the Java Sea, and they will increase overall subsea capacity in the trans-Pacific by about 70%,” Kevin Salvadori, Facebook vice president of network investments, told Reuters news agency.

The cables will be the first to directly connect North America to the main parts of Indonesia, Facebook added.

Echo is due to be completed by 2023, in partnership with Google and Indonesian telecoms company XL Axiata. Bifrost is planned to be completed a year later.

Internet use

Although more than 73% of Indonesia’s population use the internet, the majority access it through mobile data.

Less than 10% use fixed-line broadband, a 2020 survey by the Indonesian Internet Providers Association found.

Facebook said last year it would build 3,000 km (1,8641 miles) of fibre in Indonesia across 20 cities, in addition to a previous deal to develop public wi-fi hot spots.

Read Also: Beneficiaries of  ANZANSI Study project express their positive experiences

The tech giant would also continue efforts on the Pacific Light Cable Network (PLCN), Mr Salvadori said.

“We are working with partners and regulators to meet all of the concerns that people have, and we look forward to that cable being a valuable, productive trans-Pacific cable,” he added.

Previous efforts

The PLCN – funded by Facebook and Alphabet, Google’s parent company – was originally intended to link the United States, Taiwan, Hong Kong and the Philippines.

These plans were withdrawn last year following national security concerns raised by the Trump administration, but Facebook confirmed it was still working on them.

A separate proposal with Amazon to connect San Francisco with Hong Kong through undersea cables was also abandoned last year.

Earlier this month, a further scheme known as the Hong Kong-Americas project was also dropped by Facebook because of “ongoing concerns from the US government about direct communication links between the United States and Hong Kong”.

Facebook said it would “reconfigure” the plans to meet US government concerns.

SOURCE: BBCNEWS

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Loadshedding will occur in parts of the country between April and June - GRIDCo

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A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

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A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

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The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

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Recent News

A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

October 20, 2025
The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

IMF Urges Ghana to Be Strategic in Market Intervention Efforts

October 20, 2025
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