Corporate Governance

Reformed realty to ride out rough road- The New Indian Express

The year 2017 could well go down as one of the most painful for the bruised real estate and housing sector, reeling under the short-term disruptive impact of a series of reforms. But then, riding high on these landmark reforms, the regulated and organised realty is set to ride out the rough terrain to emerge as a healthy and sustainable asset class in the medium to long run. The agony of the real estate sector was particularly reflected in the…

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Nestle Nigeria, Partners Boost Youth Entrepreneurship

Peter Uzoho Nestle Nigeria has partnered with Imperial Integrated Consulting to deliver the 6th edition of the National Career Fair, an annual capacity building programme aimed at empowering the youth to become successful employees, entrepreneurs, agripreneurs and game changers in the country. According to the International Labour Organisation (ILO) an estimate of 13.1 per cent of the world’s young people are unemployed. In Nigeria where over 50 per cent of the population are youths, the rate of unemployment was at…

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Robbins Geller Rudman & Dowd LLP Represents Delray Beach in Opioid Epidemic Lawsuit, the First Filing in Federal Court by a Municipality in Florida – News Press Release

Robbins Geller Rudman & Dowd LLP Represents Delray Beach in Opioid Epidemic Lawsuit, the First Filing in Federal Court by a Municipality in Florida Robbins Geller Rudman & Dowd LLPPosted on: 22 Dec 17 In representing the city of Delray Beach against several pharmaceutical manufacturers and distributors related to the nationwide opioid epidemic, Robbins Geller has filed the first action in federal court by a Florida municipality regarding what public health officials have called the worst drug crisis in American…

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SRC cracks whip on associations

Joseph Muchechetere Sikhumbuzo Moyo, Senior Sports ReporterTHE Sports and Recreation Commission will, early next month, haul 18 National Sports Associations before its disciplinary committee for failing to comply with the SRC Act . The associations are being charged under Section 30 of the SRC Act. The associations have defied the SRC on numerous occasions to regularise their positions in terms of the Act. “Corporate governance is the heartbeat of any organisation and as such it occupies a very strategic place…

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FCA wades into LSE executive succession row

The Financial Conduct Authority (FCA) has waded into the bitter battle between activist investor Sir Christopher Hohn and the London Stock Exchange Group (LSE). After the stock market closed yesterday evening, the regulator put out a statement with its chief executive Andrew Bailey (pictured) calling for an ‘orderly process of succession of the CEO and then the chairman as set out by the board’. ‘It is important that everyone supports and contributes positively to that process,’ he added. The move…

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Alba to become world’s largest single site smelter

MANAMA: Aluminium Bahrain B.S.C. (Alba), the first aluminium smelter in the Gulf region, is set to become the world’s largest single site smelter, thanks to the progress on the Line 6 expansion project. There have been steady strides in the construction of its landmark Line 6 Expansion Project in order to meet the First Hot Metal (FHM) schedule on January 01, 2019, according to Shaikh Daij bin Salman Bin Daij Al Khalifa, Chairman of Alba’s Board of Directors. The statement…

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16 sport associations face disciplinary action

TALKING TOUGH . . . Joseph Muchechetere has threatened to come down hard on errant associations Ellina Mhlanga Sports ReporterTHE Sport and Recreation Commission (SRC) is set to take action against 16 non-compliant national sport associations next year. This follows the statement by SRC board chairman Edward Siwela a few months ago regarding some national sport associations that are failing to comply with the country’s supreme sports body’s statutes. The 16 are set to appear before a disciplinary committee which…

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ODCE application on INM chairman’s documents adjourned to January

The documents were given by Leslie Buckley to the Office of the Director of Corporate Enforcement (ODCE), which is investigating corporate governance at the media group. The probe arose from a protected disclosure by former chief executive Robert Pitt. He and Mr Buckley had a disagreement over the proposed acquisition of Newstalk. Mr Pitt has since left the company. In response to a request from the ODCE, Mr Buckley produced 275 documents after reviewing some 40,000 records. Following legal advice…

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Drillers flock to Colorado as sleepiest shale corner awakens – The Denver Post

By Kevin Crowley and Meenal Vamburkar, Bloomberg It’s not exactly the Pike’s Peak gold rush of 160 years but with crude prices on the rise, explorers are returning to the oil-rich rock of Colorado as a way to expand beyond the shale plays of Texas and New Mexico. During the three-year crude-market collapse, as prices fell below $27 a barrel, the Denver-Julesburg Basin northeast of Denver was largely abandoned as explorers tightened down drilling budgets. Now, with prices headed toward…

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Chiyangwa Reported To Fifa Ethics Committee

Zifa president Philip Chiyangwa (left) and Fifa boss Gianni Infantino Zifa and Cosafa president Philip Chiyangwa was yesterday humiliated after the association’s councillors, who make up the electoral college, fiercely resisted his efforts to go ahead with an improperly convened annual general meeting (AGM) at the Yadah Hotel Complex in Harare. BY DANIEL NHAKANISO Chiyangwa had attempted to go ahead with the general meeting which was meant to rubber-stamp former Zifa chief executive Jonathan Mashingaidze’s life ban from football activities…

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Do good companies ICO?

There has been a veritable explosion in the use of initial coin offerings (abbreviated ICO, sometimes also referred to as a token generating event or TGE, or a WTFLOL) to fund startups. Calculating the total investment in these offerings is complicated, but Coindesk puts the total right now at about $3.8 billion cumulatively, with the bulk invested in 2017. That total volume pales in comparison to overall venture funding, which was approximately $41 billion last year and has hit highs…

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PS Kaberia compliments sports press

By AYUMBA AYODIMore by this Author Sports Principal Secretary Kirimi Kaberia on Sunday paid glowing tribute to the role Africa’s journalists have played in fighting corruption and doping in sports and pledged the government’s continued support for Kenya’s sports media. Kaberia called on the media not to relent in their “noble undertaking” by going further to expose those behind corrupt activities and the use of prohibited performance-enhancing substances on the continent. “I urge all of you to continue supporting your…

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Trisha Williams-Singh | Purposeful in pursuit of excellence – ECC committed to quality development of Jamaica’s children | News

Last year, the Early Childhood Commission (ECC) embarked on a thrust to implement creative, cost-effective solutions. The measures were geared at maximising efficiency, productivity, and forging stronger partnerships. Implementation of these initiatives has had an impact on the organisation by reducing operational costs, creating more resource-rich environments within which our children can better learn, ensuring a cadre of more qualified and informed practitioners, as well as attracting increased funding and partnerships. Based on these objectives, the activities of the ECC…

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The Afrikaner privilege machine | News24

It is surprisingly easy to fail at being an Afrikaner. Behave the wrong kind of badly in Stellenbosch and the decision is final: the tribe has spoken. Stellenbosch inhabits a special misty-eyed place in the Afrikaner psyche. Like so many Boland towns, it is disturbingly picturesque. But its clout sets it apart. Unlike Franschhoek or Paarl, it has free-thinking academics, freeloading students and achingly rich Afrikaners who may not be from there, but love calling it home. If you want…

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ANC conference adjourns, to resume 9am Sunday

The party’s 54th national conference has been beset by delays. ANC members sing and dance inside the plenary before the ANC’s national conference begins on 16 December 2017. Picture: Thomas Holder/EWN. JOHANNESBURG – The first day of the ANC’s national conference has ended without the announcement of nominations for the party’s top six leaders. The plenary session at which the issue of credentials ahead of the nominations process was set to be discussed on Saturday night has been adjourned until…

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Kaberia to open writers’ congress

By AYUMBA AYODIMore by this Author Sports Principal Secretary Kirimi Kaberia will give the keynote speech during the opening ceremony of the International Sports Press Association (AIPS) Africa congress at the Nairobi Safari Club on Sunday. National Olympic Committee of Kenya President Paul Tergat, AIPS President Gianni Merlo, AIPS-Africa President Mitchell Obi and Sports Journalists’ Association of Kenya President Chris Mbaisi will also address delegates from 30 countries. Karugor Gatamah, an expert on corporate governance from the Institute of Directors…

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