Exposed: Sky-high airport parking fees as travelers pay hundreds for brief stays

• READ MORE: Holidaymaker shares the 'clever' bag that meets Ryanair's baggage rules - yet offers four times the space because of its 'ingenious' sections

Travelers heading out on their summer vacations might end up paying nearly £200 for airport parking for a four-day trip.

New information shows that parking for brief periods is nearly 90 percent pricier in England compared to Scotland.

However, there is an alternative that many are unaware of, which proves to be more cost-effective, as per research from the price comparison site Confused.com – indicating that individuals are paying more by not evaluating their choices.

With millions of British people getting ready to travel overseas for sunny vacations, many will pay to park their vehicles near the terminals — averaging £93.90 for four days in a short-term parking lot.

Four days under a long-term stay plan results in an average cost of £59.

The priciest parking was located atLondonCity Airport, with a price tag of £189 for under a week.

Nevertheless, a representative from London City Airport mentioned that only 10 percent of their travelers arrive by private vehicle, adding, 'those who do use our parking facility appreciate the convenience of walking to our terminal from any part in just a few minutes.'

The prices represented the minimum available on the websites of UK airports over four dates, including two periods in August and two in October, encompassing a range of peak and off-peak times, along with weekends and weekdays.

Prices vary significantly throughout the country. Parking at Scottish airports is half the cost compared to England, where it is 17 per cent above the UK average.

Some smaller regional airports in Scotland provide free parking, which helps reduce the average cost.

Wales has the distinction of having the highest average long-stay cost among UK regions – £81, which is 93 per cent higher than Scotland's average.

In addition to comparing parking costs, a survey of 2,000 Brits found that fewer than a quarter of those planning trips compare the cost of parking at airports with that of hiring a taxi.

However, this study revealed that travelers typically spend an average of £92 on a taxi ride to and from the airport – frequently making it a more cost-effective choice.

Staying away from the car might ease some of the stress related to parking at the airport.

One third of the people surveyed are worried about their vehicle getting damaged while parked, with 19 percent fearing it might be stolen, and another third concerned about the time required to get from the terminal to the parking area.

'Although airport parking is typically convenient, the price can be difficult, particularly during busy travel periods. Some travelers may end up paying more than necessary because they book at the last minute or fail to check their choices,' said Alvaro Iturmendi, a travel insurance expert from Confused.com.

Our study revealed that over one in five (21 percent) individuals prefer driving and parking in an airport car park as their chosen airport transfer method.

So, discovering methods to lower the expense could make the decision more appealing.

Making sure to reserve ahead of time, investigating on-site park and ride options, and evaluating if sharing a taxi is feasible can help lower expenses, Iturmendi mentioned.

Arranging your airport transfer in advance, similar to booking flights and lodging, can significantly impact your total travel expenses.

London's City Airport has been reached for a response.

This year, management at Gatwick Airport – the second-largest airport in the UK – proposed increasing parking fees and drop-off charges.to obtain permission for a second runway.

The suggestions were included in a submission to the Planning Inspectorate, which had mentioned that Gatwick must guarantee that at least 54 per cent of passengers reach it via public transportation if it aims to extend its services.

The airport's top executive stated that the primary method to reduce the number of car arrivals by half is to increase fees—particularly because they have no influence over the railway system.

Read more

Read More

Science Museum Magic Meets Africa Job Forum: Malawi's Official Edition

Addis Ababa, July 9, 2025 (ENA) -- The Science Museum in Addis Ababa showcases Africa's excellence, highlighting Ethiopia's leadership. The third Africa Job Creation Forum, held in Addis Ababa, provided significant insights not only for Malawians but also for young people across the continent, according to Kadzamira Boniface, Chairperson of SMEDCO in Malawi.

In conversation with ENA, Kadzamira Boniface, Chairperson of Malawi's Small and Medium Enterprises Development Corporation (SMEDCO), voiced strong appreciation for Ethiopia's capital, emphasizing its significant role in demonstrating Africa's capacity for generating employment.

The third Africa Job Creation Forum, with the theme "Promoting Job Creation and Economic Resilience via Regional Integration, Digital and Financial Inclusion within Agricultural Value Chains in the AfCFTA Market," took place in Addis Ababa from July 7 to 9, 2025.

"This is my first time visiting Ethiopia, particularly in Addis Ababa. Previous visits were only brief; however, this is the first time I'm truly experiencing the city," Kadzamira said.

The chairperson referred to the city as "remarkable," highlighting its beauty, cleanliness, and energy, which exceeded his expectations. "In my view, it doesn't look like an African city. It's beautiful, clean, and I am completely impressed, as I never expected to see something like this. It's truly amazing."

He was equally touched by the kindness and generosity of the Ethiopian people.

"The standard of hospitality has been outstanding. It feels like home, almost like a second home." He shared his appreciation for the Addis Ababa Science Museum.

We are completely astonished. It went beyond what we anticipated. It's hard to describe. This encounter has been truly extraordinary for me, and I think for everyone who visited that science museum.

He mentioned that his trip to the Science Museum in Addis Ababa created a long-lasting impression, enhancing his admiration for Ethiopia's mix of historical importance and contemporary progress.

"You have demonstrated the potential of Africa, establishing yourself as a pioneer in this area. The Science Museum was incredible. It symbolizes the excellence of Africa," he said.

In the meantime, the chairman of SMEDCO in Malawi also stated that the 3rd Africa Job Creation Forum aligned closely with his objectives in the country.

He characterized the forum as "a distinctive chance to gain important perspectives not only for Malawians, but for African young people in general."

The gathering played a key role in promoting education and teamwork, he mentioned.

"The Forum has provided a valuable learning experience. I believe we will return to our countries with renewed energy. We are prepared to share the knowledge we have acquired here with our communities," explained the chairperson of SMEDCO.

He added that the key lessons from the conference were the significance of regional cooperation, sharing of technology, and supporting women and young people in business ventures.

The findings will significantly support SMEDCO's initiatives to foster small and medium-sized businesses in Malawi, with an increased emphasis on local skills and equitable development.

In conclusion, Kadzamira conveyed hope for Africa's future, highlighting Ethiopia's rise as a hub of innovation and an example of intentional development, independence, and regional collaboration.

The insights acquired in Addis Ababa are anticipated to influence Malawi's economic plan, emphasizing empowerment and technological progress for a more prosperous future, he mentioned.

Provided by SyndiGate Media Inc. (Syndigate.info).

Read More

Will U.S. tariffs drive China's manufacturing mouse out of the Asean maze?

"Each investment is a risk," and Chinese factories are experiencing "significant losses" by manufacturing in Southeast Asian countries subjected to Trump's tariffs, as reported by industry experts.

Chinese exporters, such as Huang Yongxing, are seeking clear responses to begin producing and delivering products from their factories located in China or Southeast Asia.

And the responses— or at least the updates— that Huang receives, he posts on his social media account through weekly updates that have become popular among owners of small and medium-sized businesses as unpredictable and changing tariff policies from Washington keep reshaping the profit margins for manufacturers.

They are now confronted with a long-term challenge regarding investments, as some of their international factories are facing the threat of US President Donald Trump's "reciprocal"tariffs as high as 40 percent on 14 nations, many of which are key markets for Chinese exports.

Are you curious about the most significant issues and developments happening globally? Find the information you need withSCMP Knowledge, our latest platform featuring curated content including explainers, FAQs, analyses, and infographics, presented by our acclaimed team.

Trump's action, revealed on Monday, places Southeast Asia—China's biggest export market—within Washington's trade focus, simultaneously impacting Chinese exporters' transshipment plans across the region.

Uncertainty surrounds the U.S. approach to transshipment, as high tariffs are hinted at without clear implementation plans, causing significant concerns for Chinese investors looking to invest abroad.

In reply, numerous Chinese firms—those that have already gone global and others intending to expand internationally—have had limited choice but to proceed cautiously.

Huang, a lighting product exporter located in Zhejiang province, has had to frequently adjust its plans to establish a factory in Cambodia because of the changing trade policies under Trump in recent months.

"Customers were urging me to establish production in Southeast Asia, but this involves double costs—maintaining my Chinese factory while investing in a new one," he mentioned in a recent video shared on WeChat, China's widely used messaging application.

Due to underdeveloped local supply chains, it will require at least two years to acquire new clients. The actual cost would be twice as high, yet there would be only a single source of revenue.

Six of the 10 Association of Southeast Asian Nations members are impacted, with Cambodia, Thailand, Indonesia, Laos, and Myanmar encountering tariffs between 25 to 40 percent. Among these, Laos and Myanmar would face the highest tariffs at 40 percent, making the cost increase render Chinese companies' method of re-exporting to the US through these nations almost ineffective.

Influenced by years of increasing trade measures and policy changes, the current weighted average tariff on Chinese imports is estimated at 42 per cent, as reported by Morgan Stanley. UBS estimates the rate at43.5 per cent.

No matter what decision you make, it always seems incorrect," said another lighting supplier, Levi Tan, from Guangdong province. "Those individuals who have already constructed factories are unable to sleep at night.

Industry experts have cautioned that, although the "going global" trend remains strong, increasing uncertainty about tariffs is quickly reducing the strategic options available to Chinese exporters.

"Without consistent expectations, each investment becomes a risk," noted supply-chain expert Liu Kaiming, who has experience with rerouting models.

Cambodia currently possesses a relatively comprehensive industrial chain specifically in the garment sector, while Laos and Myanmar only have isolated factories," Liu explained. "If they are placed on the high-tariff list, re-exports from Laos and Myanmar would become nearly impossible, and Chinese factories operating there will certainly face significant losses.

Liu stated that he is convinced Southeast Asia will remain a crucial factor in reshaping China's supply chain, although he noted that the process is turning out to be significantly more challenging than many companies had originally anticipated.

From enhancing production capabilities to raising capital, all expenses are increasing," Liu stated. "Trump's policy changes happen so often that many business owners feel as if whatever they do is the wrong decision.

Hardware exporter Kevin Huang from Guangdong shared similar worries, pointing out how ongoing modifications in US tariff regulations are increasing immediate risks. "Some of my colleagues have just completed establishing their factories but are now experiencing cash-flow difficulties," he mentioned.

With his American clients "experiencing losses and postponing payments," Huang stated: "I'm afraid to keep shipping right now, and all I can do is get ready to handle the bad debt."

Some local producers, however, perceive an unforeseen benefit.

"If Southeast Asia faces tariffs, we could potentially gain a competitive advantage," stated Wang Shui, a pet product manufacturer based in Guangdong.

We don't fear tariffs. Provided we can offer high-quality items, customers will continue to place their orders. Numerous products are beyond the production capabilities of Southeast Asia.

Nevertheless, Wang recognized that the overall trade situation was becoming more unstable.

Whether remaining in China or venturing overseas, manufacturers are encountering extraordinary uncertainty," he expressed. "As US policies change constantly, no one can predict what will come next.

More Articles from SCMP

Why the 'Hermès' and 'Chanel' of Chinese lychees are so highly desired

It's time for companies to cease benefiting from Israel's 'economy of genocide'

Award-winning data scientist She Yiyuan returns to China for a new position after many years in the United States.

Style Edit: Richard Mille introduces the exclusive RM 30-01 Le Mans Classic to celebrate the historic car race that inspired its name.

This piece was first published in the South China Morning Post (www.scmp.com), a top news outlet covering China and Asia.

Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.

Read More

Precise oil and gas measurement boosts economic stability

Engineers and Brew Solutions Limited has positioned itself as a top provider of creative solutions within the oil and gas sector. The company's recent organization of the first Oil and Gas Measurement and Metering Summit in Accra highlights its dedication to fostering transparency and responsibility in the industry.

The summit, themed “Revealing Worth via Precise Measurement: The Secret to Optimized Performancegathered together industry professionals to talk about the significance of precise measurement and suggest methods to enhance the sector.

Professionals recommend accuracy to minimize damages and enhance openness

The conference provided a venue for professionals in the field to exchange insights and optimal methods related to measurement and metering, highlighting the significance of accuracy within the oil and gas industry. Focusing on reliable metering can help Ghana reduce losses, increase income, and promote openness in the sector.

In his speech during the summit, Mr. Reynolds Brew, the Managing Director of Engineers and Brew Solutions, highlighted that precise measurement is essential for improving efficiency, delivering value to stakeholders, and reducing waste and expenses.

He briefly mentioned, "Precise measurement is not only a technical necessity, but also a crucial business factor that can determine the success or failure of oil and gas projects. We need to focus on accurate measurement to realize the maximum potential of our sector."

Mr. Reynolds Brew also emphasized the major economic consequences of incorrect metering, referencing the PIAC 2024 report which stated that Ghana lost about US$170 million as a result of flaring 28.5 billion cubic feet of natural gas in the upstream oil industry. This loss signifies a considerable gap in revenue that might have been directed toward other beneficial uses.

Mr. Emmanuel Bedzrah, head of the Select Committee on Energy, urged the government to quickly obtain its own metering systems to guarantee high-quality and efficient operations within the oil and gas sector, along with effective monitoring and evaluation.

As per his statement, it would offer an autonomous way to confirm information from international oil producers and protect the country's resources.

"Those who have been conducting the measurements for us are no longer here, so they now handle their own measurements, and the only individual present is either from customs or GRA. We don't have any government-provided metering equipment to verify the producer's measurements or ensure accuracy. Therefore, we need to invest in metering systems and ensure quality to increase revenue," he said.

Mr. George Nii Tettey, a measurement engineer based in the UAE, emphasized the significance of precise metering in minimizing losses. He provided an example of an oil field that produces 100,000 barrels daily, where a 1% error in the metering system leads to an annual loss exceeding US$20 million.

"We should return to the fundamentals and examine the metering systems we've put in place over the years," Mr. Tettey stated. "Are they being checked? Are they being adjusted? Are they even approved before installation?" He highlighted the importance of ongoing reviews and controls to guarantee precise measurement.

The summit also addressed the importance of implementing advanced metering systems, including ultrasonic meters and co-release meters, within oil and gas operations. Mr. Tettey proposed check metering, in which one meter performs the primary measurement while another verifies the readings, as a method to detect and correct inaccuracies.

Present at the summit were leading figures from the oil and gas industry, CEOs and managers of specific companies, government officials, and more.

About Engineers and Brew Solutions Limited:

Leveraging its knowledge and dedication to quality, Engineers and Brew Solutions provides a variety of services such as detailed EPCI solutions, emission control and tracking, design and upkeep of metering stations, calibration support, and integration of SCADA systems.

Guided by the fundamental principles of accuracy, enthusiasm, and excellence, the company's team of specialists exceeds expectations, guaranteeing clients the most effective solutions tailored to their requirements. Having a demonstrated history of successful local and global projects, Engineers and Brew Solutions is the preferred collaborator for professionals in the oil and gas sector, offering dependable and effective solutions for metering and measurement requirements.

Provided by SyndiGate Media Inc. (Syndigate.info).

Read More

EY Celebrates 25 Years of Excellence

…celebrating 25 years of outstanding achievement and influence

By Kingsley Webora TANKEH

Ernst & Young (EY) Ghana has officially begun its Silver Jubilee festivities in Accra, marking 25 years of providing outstanding professional services and playing a role in Ghana's economic development.

Under the theme, 'EY’s 25 Years in Ghana: A Story of Excellence and Impact,' the anniversary represents a major milestone for EY — one of the leading global firms offering services in Assurance, Strategy and Transactions, Tax, and Consulting. Since its founding in 2000, EY Ghana has been instrumental in influencing the nation's business environment, promoting innovation, and creating a legacy based on trust, integrity, and perseverance.

The event launch gathered clients, former students, regulators, and interested parties to consider EY Ghana's progress and its impact on both the private and public sectors. The previous Country Managing Partner, Ferdinand, provided an engaging overview, emphasizing the company's development, obstacles, and successes over the last two and a half decades.

Delivering the main speech, well-known corporate governance specialist and Chairman of MTN Ghana, Dr. Ishmael Yamson, highlighted the lasting principles that have shaped EY Ghana's achievements. "Today, we come together not only to mark an achievement but to recognize the essence of perseverance, creativity, and teamwork that has characterized EY Ghana throughout its 25-year journey," he said.

He attributed the company's expansion to the commitment of its employees, the confidence of its customers, and the assistance from its former associates.

In his speech, Emmanuel Adekahlor, Country Managing Partner at EY Ghana, highlighted the company's contributions through three main areas: client support, employee growth, and involvement in the community. "For the last 25 years, EY Ghana has assisted businesses with change initiatives, tax adherence, financial reporting, strategy, and auditing. We have also worked alongside government bodies to reinforce organizations and influence policy," he mentioned.

EY Ghana remains committed to assisting major regulatory bodies such as the ICAG, SEC, GSE, BOG, and NIC in promoting governance and compliance throughout the financial sector.

Being a people-focused organization, EY Ghana continues to focus on closing the skills gap by hiring graduates and offering training initiatives that provide young professionals with the skills needed to succeed in an ever-changing global economy. Several former participants of these programs now occupy leadership positions across various sectors in Ghana and internationally.

Outside the boardroom, EY Ghana's influence reaches communities via its global corporate responsibility initiative, EY Ripples. So far, the company has engaged more than 1,000 young individuals through programs like 'Sponsor a Child', academic sponsorships, future skills development, and community engagement efforts.

Looking forward, Mr. Adekahlor highlighted EY Ghana's forward-looking approach: "Over the next 25 years, we are ready to increase our speed. Having a strong base established, we are focusing on innovative technologies such as AI and eco-friendly solutions to support our clients in growing and adjusting within a quickly changing environment."

He ended by thanking EY Ghana's clients, regulators, former employees, and team members for their consistent support and collaboration. EY Ghana's Silver Jubilee festivities will extend throughout the year, featuring a range of activities such as an alumni networking cocktail, a corporate gala, a year-end thanksgiving ceremony, and the publication of a commemorative book detailing the company's journey from 2000 to 2025.

EY Ghana

EY Ghana is part of EY Global Limited, a private company based in the UK that is limited by guarantee. The firm has been operating in Ghana since 2000, offering services in Assurance, Strategy and Transactions, Tax, and Consulting. EY operates in more than 150 countries, supporting clients in expanding, evolving, and functioning effectively, while fostering trust and assurance in financial markets and global economies.

Provided by SyndiGate Media Inc.Syndigate.info).

Read More

Essential Health Reforms Must Be Non-Negotiable

NIGERIA, the most populated nation in Africa, still faces difficulties with its public health system, which has been dealing with long-standing and complicated issues. Hence, it is essential to ensure every citizen has access to high-quality medical care, and establishing confidence in healthcare institutions has now become a critical national focus.

On June 30, Health and Social Welfare Minister Mohammed Pate revealed during a meeting of the Ministerial Oversight Committee in Abuja that the federal government's tax reform will enhance health financing. He mentioned that the recent tax law enacted by President Bola Tinubu will raise government revenue, which will subsequently support essential services such as healthcare. These kinds of assurances are not unprecedented.

Nigeria has depended significantly on outside financial support for its health initiatives, but the government is now committed to altering this situation. Well said.

Interestingly, Nigerians, particularly the elite, allocate between $1.1 billion and $2 billion each year for medical travel. This drains the economy.

As part of this initiative, Pate revealed the intended distribution of N32 billion, approximately N140 per person, over a six-month period to enhance access to high-quality healthcare across the country.

This distribution, which is not sufficient and applies to the timeframe from April through June 2025, is expected to be made available by the end of August.

However, although this influx of money is a beneficial move, it does not fully tackle the underlying, structural problems affecting the healthcare system.

Ongoing insufficient funding has resulted in hospitals being poorly equipped, facing shortages of critical medications, and lacking proper infrastructure. The share of the budget dedicated to the health sector since 2001, when Nigeria set a goal of 15 percent, shows that the nation has repeatedly fallen short of realizing the goal of Universal Health Coverage.

A significant lack of healthcare workers exists. Numerous physicians and nurses keep looking for improved prospects overseas because of unfavorable working environments and minimal compensation. As per a study, more than 16,000 doctors are said to have left in the past five to seven years.

Although rural regions face challenges in accessing healthcare services, numerous urban areas deal with hospitals that are short-staffed, partially because of long-standing corruption that has turned internship positions for medical students into a financial opportunity, thereby preventing many skilled medical personnel from entering the system.

The industry faces challenges including poor policy enforcement, disjointed health insurance systems, and instability, resulting in millions of people lacking essential care and having restricted access to healthcare services.

Approximately 20 percent of the more than 30,000 Primary Health Centres spread throughout Nigeria are completely operational. The remaining ones are unable to deliver fundamental primary healthcare services, as reported by the National Primary Health Care Development Agency.

Regrettably, the systematic casualization of medical staff, which was initially meant to be a temporary solution for staffing shortages, has turned into a dilemma for numerous doctors whose pay is considerably less than that of their full-time counterparts, despite carrying out the same responsibilities.

Temporary medical staffing, often referred to as locum work, was implemented by the government to swiftly address personnel shortages in hospitals, particularly when administrative processes caused delays in official hiring under the federal service system.

Medical professionals working under temporary agreements, some of which are renewed on a monthly or quarterly basis, are not eligible for regular benefits, such as pension contributions, health coverage, paid time off (including maternity and paternity leave), residency or advanced training opportunities, risk and on-call allowances, and chances for career advancement or official acknowledgment.

These difficulties demand a planned and comprehensive strategy. Nigeria needs to focus on healthcare, boost financial resources, enhance salaries and overall conditions for medical personnel.

The Nigerian administration must create a temporary staffing policy that will outline the procedures for hiring, overseeing, compensating healthcare workers, and guaranteeing prompt and equitable payment.

PHCs need to be improved, supplied with necessary resources, and have sufficient personnel. There must be enough financial support for medical services, and people should be able to obtain health coverage.

Successful healthcare reforms can decrease the impact of illnesses, reduce death rates, and enable more Nigerians—no matter their income level or geographic location—to obtain the medical care needed for improved health and greater productivity.

Provided by SyndiGate Media Inc. (Syndigate.info).

Read More

150+ Pharma Firms Registered in Nigeria — ACPN

The Association of Community Pharmacists of Nigeria (ACPN) has revealed that Nigeria currently has more than 150 licensed pharmaceutical manufacturers, with at least five of them accredited by the World Health Organization (WHO) for Good Manufacturing Practice (GMP), marking a significant achievement that highlights the sector's increasing capabilities amid ongoing obstacles.

This information was disclosed before the organization's 44th National Conference, which is set to take place in Awka, Anambra State, from July 22 to 27, 2025.

During a pre-conference media briefing, the National Chairman of ACPN, Ambrose Ezeh, told journalists that the pharmaceutical industry is steadily progressing towards becoming a multi-billion-dollar sector.

"Never doubt it, the pharmaceutical industry keeps expanding despite all challenges," Pharm. Local manufacturers, including well-known Nigerian investors, are constructing Active Pharmaceutical Ingredient (API) facilities with investments reaching tens of millions of dollars.

These initiatives are transforming the framework of the game and contributing to the establishment of pharmaceutical security in Nigeria.

He provided examples of major pharmaceutical companies, including Fidson Healthcare, which has been significantly involved in the manufacture of anti-retroviral medications, Emzor Pharmaceuticals, which recently established a Cephalosporin facility, and Jawa Pharmaceuticals, an Indian firm that has introduced a beta-lactam production unit in Nigeria.

As per Ezeh, due to recent funding and planned growth initiatives, the sector is expected to increase from its present estimated worth of $2 billion to up to $10 billion within the next five years.

The ACPN also praised Codix Healthcare for setting up a local facility to produce in-vitro diagnostic kits and medical supplies, enhancing the nation's ability to be self-sufficient in critical health products.

He mentioned that although there have been improvements, the association pointed out that the industry still needs intentional assistance from the government.

We call on the government at every level to assist pharmaceutical producers by offering specific incentives, such as access to equipment and raw materials that comply with GMP requirements.

"Local production offers significant potential for generating employment, fostering economic development, enhancing international trade, and strengthening national security," Ezeh stated.

He cautioned that poorly executed policies, like the contentious MEDIPOOL initiative, might hinder advancement if those involved, such as pharmacists, are not adequately included in discussions.

"Policies should not be created independently. The Federal Ministry of Health needs to engage more with stakeholders involved in pharmacy practice prior to implementing changes," he added.

The ACPN also urged the government to revise the Fake Drug Act to impose harsher consequences for violators and to completely enforce the National Drug Distribution Guidelines (2015), designed to clean up Nigeria's disordered pharmaceutical supply network.

Shifting focus to professional politics within the health sector, Pharm. Ezeh voiced his frustration regarding what he referred to as "the ongoing subordination of pharmacists and other healthcare professionals by physicians," whom he blamed for shaping policies in their own interest.

He stated: "The government keeps favoring doctors who desire that every title, position, or benefit in the healthcare sector be reserved solely for members of the Nigerian Medical Association (NMA)."

This challenges the independent judgment of other skilled healthcare practitioners.

Ezeh also raised the question of why only doctors are selected as Chief Executive Officers of federal health institutions, and expressed concern that even though a consultant level for pharmacists was introduced in 2015, many hospitals continue to refuse to adopt it.

We, as a profession, have invested millions in training for the fellowship program that paves the way to becoming a consultant, but we face obstacles at every stage," he stated. "Ironically, doctors who get government-sponsored training frequently leave the country, while pharmacists who finance their education themselves are blocked from career advancement.

The group also took a strong position against the proposed National Health Facility Regulatory Authority (NHFRA) Bill that is currently under consideration by the National Assembly, cautioning against any effort to combine the Pharmacy Council of Nigeria (PCN) with other regulatory agencies.

It is one of the factors that enabled Nigeria to reach WHO Maturity Level 3 in medicine regulation. A merger would reduce our efficiency and disrupt years of advancement.

He mentioned that international best practices in nations such as the United States, the United Kingdom, Canada, and South Africa involve having independent pharmacy councils to ensure professional standards and public safety.

With the Awka conference approaching, the ACPN reaffirmed its dedication to reforms aimed at guaranteeing the availability, access, and affordability of safe and high-quality medicines in Nigeria.

The vision is distinct," Ezeh stated. "We will continue to advance, as the scripture mentions, 'I, the Lord, bring down the tall tree and cause the low tree to grow tall, I have spoken and I will accomplish it'.

Provided by SyndiGate Media Inc. (Syndigate.info).

Read More

How Tanzania Can Forge Homegrown Dollar Billionaires

Dar es Salaam. Tanzania is being encouraged to implement deliberate economic policies aimed at creating dollar billionaires and enhancing its global economic influence. According to a new wealth report, the country currently has only one dollar billionaire and a limited number of high-net-worth individuals. The Africa Wealth Report 2023 indicates that Tanzania has 2,400 individuals with a net worth exceeding $1 million. Out of these, only six have assets above $100 million, while the country has just one billionaire despite being the second-largest economy in East Africa. Also read: 435 Tanzanians join the billionaires' club - The Citizen Tanzania While the number of millionaires has risen by 20 percent over the past decade, economists believe this figure could be much higher if the country had strategic policies to support fast-growing local investors capable of expanding into international markets. "The government could significantly boost some of our wealthy entrepreneurs by matching or even partially matching their capital. That alone could reduce our reliance on imports," said Dar es Salaam-based entrepreneur Amina Salum. Experts cite the United States and China as examples of countries that have used state support to create global economic powerhouses. In 2024 alone, the US government allocated over $180 billion in subsidies to domestic companies. Firms such as Boeing, Intel, Amazon and Tesla have benefited from subsidies, tax exemptions and government-backed loans to support research, manufacturing and exports. Such policies have enabled the US to remain a global tech leader, create millions of jobs and use multinational corporations as ambassadors of national influence. China, through institutions like the China Development Bank, has extended low-interest loans and subsidies to companies such as CCCC and China Railway Engineering Corporation, enabling them to execute infrastructure projects across Africa and Asia. Backed by their government, these companies have expanded aggressively, securing contracts in many countries, strengthening China’s global economic influence. Level playing field no longer enough Tanzania has long promoted a “level playing field” approach for all businesses. But analysts say this neutral policy risks holding back local firms with the potential to create wealth and export influence. "Tanzania needs a strategy to support businesses that have proven capacity to create jobs, grow exports and increase tax revenues," said Prof Abel Kinyondo, an economist at the University of Dar es Salaam. He said targeted support could include direct financial subsidies, time-limited tax relief to reduce operating costs and credit guarantees to help companies access large-scale capital. "Strategic preferential treatment works. Ethiopia is already applying it in aviation. Their national airline is now among the best in Africa because it enjoys specific government support," he said. Prof Kinyondo emphasized the need for strong oversight and transparency, saying only experienced, high-performing entrepreneurs should be considered for such support. Another economist, Prof Dickson Pastory of the College of Business Education, said empowering local investors can also enhance national security by reducing dependency on external suppliers for essential goods. "For crucial sectors, supporting domestic production guarantees supply. It also improves Tanzania’s competitiveness in the global economy," he said. While financial subsidies may be challenging for developing countries, Prof Pastory said tax exemptions could achieve similar results. "Reducing tax burdens allows businesses to expand and create more jobs, ultimately boosting national GDP," he noted. BoT support mechanisms already in place The Bank of Tanzania (BoT) has on several occasions expressed willingness to support local businesses through the Export Credit Guarantee Scheme (ECGS) and the SME Credit Guarantee Scheme (SME-CGS). These aim to help private-sector players with bankable projects access financing even when they lack sufficient collateral. In June 2023, at the height of the dollar shortage, BoT governor Emmanuel Tutuba said the central bank had taken steps to encourage domestic production and promote import substitution. He said the BoT board had visited several strategic sites to assess opportunities to boost exports and foreign exchange earnings. "We wanted to know what investors need to scale up production and exports, especially in terms of financial support." Provided by SyndiGate Media Inc. (Syndigate.info).

Read More

Chinese AI Stocks Rise on DeepSeek Momentum as Beijing Seeks Growth Boost

Artificial intelligence is set to become "a key driver for China's modernization," according to Huachuang Securities, aligning with the positive perspective of Morgan Stanley, UBS, and other institutions.

Chinese artificial intelligence (AI)Stocks are anticipated to resist a slowdown in various sectors, as the mainland utilizes technology to enhance business efficiency and stimulate economic recovery, as per investors and analysts.

Companies including Meituan and Xiaomiwere expected to gain from an influx of AI adoption that would reshape business strategies, as per Morgan Stanley, with investors seeking new success stories followingDeepSeek's breakthroughIn the field of generative AI technology, China Asset Management, one of the largest mutual fund companies on the mainland, stated last month that the nation's AI implementation—currently at a 5 percent adoption rate—is poised for rapid expansion, akin to the growth of personal computers in the 1980s.

"Artificial intelligence is likely to serve as a major force behind China's modernization," stated Yao Pei, an analyst from Huachuang Securities, in a report released this month. "There are numerous factors driving AI development, and it is anticipated that AI will integrate into every sector," particularly in electronics, computing, and media, Yao mentioned.

Are you curious about the most significant issues and developments happening globally? Find the information you need withSCMP Knowledge, our latest platform featuring curated content including explainers, FAQs, analyses, and infographics, presented by our acclaimed team.

DeepSeek's unexpected rise this year brought China's technology shares back into the public eye, fueling hope that the nation could still take the lead in AI despite U.S. export restrictions. Investors are now spotting fresh opportunities in the sector following their investments in platform-focused developers of large language models likeAlibaba Group Holding and Tencent Holdings. Alibaba holds ownership of the Post.

China's largest online travel agencyTrip.com Group, short-video platform operator Kuaishou Technology and budget e-commerce operator PDD Holdingsinclude companies that are poised to benefit from AI applications, as noted by Morgan Stanley. Additional possible winners are electric vehicle manufacturers.BYD and Nio, as well as a manufacturer of home appliancesMidea Group, it was mentioned in a report in May.

In contrast to the US, which held an advantage in AI computing, China prioritized efficiency—highlighting income derived from AI-driven products and cost reductions resulting from increased productivity, according to the US investment bank.

"A more competitive AI environment is expected, with DeepSeek possibly encouraging rivals like ByteDance, Tencent, Alibaba, and others to lower model costs and integrate AI into their business processes," it stated.

The worldwide AI infrastructure market, valued at $35.4 billion in 2023, is expected to expand at a yearly growth rate of 30 percent between 2024 and 2030, according to Kate Lakin, research director at Putnam Investments in the United States, in a report released last month. She noted that this growth might face temporary interruptions due to shifts in U.S. policies regarding technology exports to China and evolving tariff situations.

The global wealth management division of UBS stated in a report released on Tuesday that the enduring long-term development in artificial intelligence will continue to fuel growth within the technology sector, noting that the effect of American technological restrictions on major Chinese tech companies would be minimal.

"The advanced productive forces exemplified by AI are expected to serve as the key driver in overcoming the 'middle-income trap' and redefining the global economic structure," China Galaxy Securities stated in a report released in June.

More Articles from SCMP

Steel, automobiles, copper: the expanding range of US import taxes by type, not origin

The IPO journey of FWD illustrates the ups and downs of the Hong Kong market.

Will Trump's 'Large and Stunning Bill' create chances for China?

Leading technology and telecommunications companies in Hong Kong join forces to fight digital deception

This piece was first published in the South China Morning Post (www.scmp.com), a top news outlet covering China and Asia.

Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.

Read More

CarePal Co-Founder Piyush Jain Honored with 2025 Harvard Innovation Award

NewsVoirMumbai (Maharashtra) [India], July 10: Piyush Jain, Co-Founder and CEO of CarePal Group and Impact Guru, has received the 2025 Alumni Innovation Award from the Harvard Kennedy School (HKS) Alumni Board at Harvard University. Piyush, who graduated from the 2013 Master's in Public Policy Program at HKS, was selected from a strong competition for his significant contributions to healthcare financing in India. Over the past ten years, Impact Guru, which was nurtured at the Harvard Innovation Labs, has already assisted more than 50,000 patients and involved 4.5 million donors worldwide, making Piyush a leader who has effectively applied technology-based innovation to create broad social impact by addressing complex issues in healthcare. The Award honors HKS alumni who exhibit outstanding leadership, ingenuity, and commitment to bringing about positive change for individuals and communities through technology. In addition to his work at Impact Guru, Piyush has also co-founded CarePal Money - a healthcare lending platform and CarePal Secure - a health protection and insurance marketplace. CarePal Money provides zero-interest healthcare loans in India and has already helped over 1,200 patients within 18 months to access non-critical treatments without financial burden by collaborating with healthcare providers and lending institutions. CarePal Secure offers innovative health benefits and insurance plans for more than 200,000 customers, addressing vital gaps for India's underinsured middle class and lower-income population. Piyush was recognized with the award on Friday, May 16, 2025, at the Harvard Kennedy School during the Forum as part of the alumni reunion weekend.

Piyush Jain, Co-founder and CEO of CarePal Group, stated, "I am deeply honored to have received the Alumni Innovation Award from Harvard Kennedy School. This recognition is particularly meaningful to me because ImpactGuru (and CarePal) was initially conceived during my time as a student as part of a PAE (Policy Analysis Exercise) project and was nurtured at the Harvard Innovation Lab. What started as an academic endeavor has evolved into a real-world mission - to make healthcare more affordable and accessible for millions of families in India and beyond. I sincerely appreciate the faculty, classmates, and the HKS and Harvard community that supported bold ideas and purpose-driven entrepreneurship. I feel privileged to share this remarkable honor with my co-founders, committed team members, supportive investors, empathetic hospital partners and doctors, courageous patients and their families, generous donors, and all our insurance and lending partners who have consistently believed in our mission. We are dedicated to working diligently on our mission to ensure that no one dies due to a lack of funds for healthcare in India and to positively support the healthcare financing needs of over 1 million customers by 2030." Other award recipients at Harvard this year included Natalia Gavrilita, former Prime Minister of Moldova, who received the Alumni Public Service Award. At the same time, Sebastian Burduja, Romania's Minister of Energy, was awarded the Emerging Global Leader Award. Carol Finney, Director of Harvard University's MPA/ID Program, received the Julius E. Babbitt Memorial Volunteer Award, and Lisa B. Sloane was recognized with the HKS Fund Outstanding Alumni Award. CarePal is an integratedhealthcare financeA system that integrates a medical lending marketplace (CarePal Money), insurance and protection services (CarePal Secure), and a crowdfunding platform (Impact Guru) for healthcare funding. Our goal is to ensure that essential and elective treatments are accessible and affordable for all households in India. (ADVERTORIAL DISCLAIMER: The following press release has been provided byNewsVoir. ANI will not be held responsible in any manner for the content thereof)

Read More