• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 21, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

YEA Commits 150 Electric Vehicles to Boost Shaxi Fleet

Silas Kafui Assemby Silas Kafui Assem
May 30, 2025
Reading Time: 4 mins read
Silas Kafui Assemby Silas Kafui Assem
in General News
0
Malik Basintale, Shaxi, Vehicle

Malik Basintale, CEO OF YEA

The Youth Employment Agency (YEA), under the leadership of Chief Executive Officer Malik Basintale, has committed to providing 150 electric vehicles to ride-hailing service Shaxi as part of an upcoming partnership aimed at tackling youth unemployment in Ghana.

The announcement marks a major move toward green transport solutions while simultaneously addressing the country’s pressing employment needs.

“On behalf of my management and staff of YEA, we would make a few proposals to the partnership we seek to create.

“First, is that we have an existing partnership with a private individual who is bringing about one fifty electric vehicles into the country. He was in my office the last time, and he said he was impressed with the work we’re doing, and he had wanted us to find drivers for him”

Malik Basintale, YEA CEO

The soon-to-be formalised partnership was unveiled by Malik Basintale, who explained how the YEA’s existing arrangement with the private individual importing the vehicles would factor into the plan. All 150 units, Basintale confirmed, will be deployed through the Shaxi platform before drivers are selected.

RelatedPosts

Mahama Directs Extension of Tema-Dawa Railway Line to Boost Industrial Cargo Transport

Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

Basintale indicated that his team has already been instructed to ensure the vehicles are first integrated into Shaxi’s operations. He emphasized that this first phase is only one part of a broader plan to build infrastructure and support systems for youth employment through digital platforms.

20250530 194025
Malik Basintale, YEA CEO With Shaxi Founder Charles Nii Armah Mensah

In line with this, the YEA boss revealed plans to launch what he called an employment bureau, a digital platform that will serve as a connector between job seekers and job creators. 

“Once that is created, we would be able to pass some of these drivers that will be in search of vehicles through our employment bureau”

Malik Basintale, YEA CEO

The system is expected to be operational within weeks and will be central in selecting drivers for the new Shaxi vehicles – But beyond job matching, the YEA is also introducing direct financial support.

ADVERTISEMENT
YEA Shaxi 2
Malik Basintale, YEA CEO, in a meeting with Shaxi Founder Charles Nii Armah Mensah

Every month, for the first 2,000 car owners who register their vehicles with Shaxi, the agency will provide a fuel coupon worth 500 cedis for six months. This incentive, according to Basintale, is designed to attract more young drivers and car owners into the initiative.

“That is an additional incentive to anybody who registers with Shaxi, so if you have a car, the portal will be opened, come through, register with Shaxi,” he said.

He added that, as a sign of his personal endorsement and commitment, he would assume the role of brand ambassador for Shaxi at no cost, a move he described as a show of solidarity and belief in the platform’s potential. “We will hype it, we will get people to understand the credentials.”

The YEA boss also echoed sentiments shared by Shaxi founder Charles Nii Armah Mensah, popularly known as Shatta Wale, about the unique advantages the service provides over competing ride-hailing apps.

Shaxi, he noted, was created by a Ghanaian for Ghanaians, and it offers reduced commission rates and lower financial burdens on drivers.

“Shaxi is free of charge for the Ghanaian. You just have to subscribe with something small and once you do that, you work for a duration, and then you don’t pay anything”

Malik Basintale, YEA CEO
YEA Shaxi 3
Malik Basintale, YEA CEO With Shaxi Founder Charles Nii Armah Mensah

He concluded by encouraging young people and car owners to take full advantage of the partnership, which he described as an opportunity not only to earn but to be part of a larger movement rooted in national pride and economic empowerment.

“Particularly so because it is made in Ghana and owned by a Ghanaian. Not just any Ghanaian, but a powerful leader, 1Don,” he added. With the electric vehicles soon arriving and digital employment frameworks underway, the partnership between YEA and Shaxi signals a bold step in merging innovation, entrepreneurship, and social policy to address Ghana’s employment challenges.

READ MORE: Five-Nation Bloc Commits $16 Million to ADF Reform

Tags: Charles Nii Armah MensahMalik BasintaleShatta WaleShaxiYEA CEOYouth Employment Agency
Please login to join discussion
Previous Post

President Mahama Vows Bold Transformation for Bono Region 

Next Post

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

Subscription Form

Related Posts

Mahama Refers Electoral Violence Report to Attorney-General for Legal Review
General News

Mahama Directs Extension of Tema-Dawa Railway Line to Boost Industrial Cargo Transport

October 21, 2025
Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing
General News

Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing

October 21, 2025
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
General News

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

October 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
General News

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

October 20, 2025
The Administrator of the Ghana Medical Trust Fund, Ms. Obuobia Darko Opoku, Leading the delegation
General News

Ghana Medical Trust Fund Kickstarts Phase Two of Hospital Needs Assessment Tour

October 20, 2025
NPP Presidential Primaries; Kennedy Agyapong On A Countdown To A Showdown
General News

Kennedy Agyapong Leading NPP Presidential Primaries Race with 44.11% Support — Poll

October 20, 2025
Mahama Refers Electoral Violence Report to Attorney-General for Legal Review
General News

Mahama Directs Extension of Tema-Dawa Railway Line to Boost Industrial Cargo Transport

by evansjrOctober 21, 2025
Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing
General News

Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing

by Silas Kafui AssemOctober 21, 2025
Sanae Takaichi Becomes Japan’s First Female Prime Minister
Asia

Sanae Takaichi Becomes Japan’s First Female Prime Minister

by Comfort AmpomaaOctober 21, 2025
Ghana Extends Jubilee, TEN Oil Licences to 2040, Unlocking $2 Billion Investment
Extractives/Energy

Ghana Paying for Past Policy Indecisions as Oil Revenues Decline — Prof. Lord Mensah 

by Prince AgyapongOctober 21, 2025
GSE Trading Volume Crashes 90% in a Quiet Session
Securities/Markets

GSE Trading Volume Crashes 90% in a Quiet Session

by M.COctober 21, 2025
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.
USA

US, Australia Ink Rare Earth Mineral Deal

by Comfort AmpomaaOctober 20, 2025
Mahama Refers Electoral Violence Report to Attorney-General for Legal Review
Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing
Sanae Takaichi Becomes Japan’s First Female Prime Minister
Ghana Extends Jubilee, TEN Oil Licences to 2040, Unlocking $2 Billion Investment
GSE Trading Volume Crashes 90% in a Quiet Session
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.

Recent News

Mahama Refers Electoral Violence Report to Attorney-General for Legal Review

Mahama Directs Extension of Tema-Dawa Railway Line to Boost Industrial Cargo Transport

October 21, 2025
Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing

Prof. Aryeetey Warns Ghana’s TVET Reforms Are Failing

October 21, 2025
Sanae Takaichi Becomes Japan’s First Female Prime Minister

Sanae Takaichi Becomes Japan’s First Female Prime Minister

October 21, 2025
Ghana Extends Jubilee, TEN Oil Licences to 2040, Unlocking $2 Billion Investment

Ghana Paying for Past Policy Indecisions as Oil Revenues Decline — Prof. Lord Mensah 

October 21, 2025
GSE Trading Volume Crashes 90% in a Quiet Session

GSE Trading Volume Crashes 90% in a Quiet Session

October 21, 2025
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.

US, Australia Ink Rare Earth Mineral Deal

October 20, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address