Corporate Governance

State capture will be investigated

Jacob Zuma has given his final address as party leader after a delay of several hours following a meeting to discuss court rulings and accreditation issues. President Jacob Zuma addresses delegates at the ANC’s 54th national conference on 16 December 2017. Picture: Thomas Holder/EWN JOHANNESBURG – President Jacob Zuma has opened the 54th African National Congress’s (ANC) national conference at Nasrec with an assurance that state capture will be investigated and a warning that party members should not turn to…

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2018 Boards of Hershey Trust Company and Milton Hershey School Are Elected

New Chairman and Vice Chairman and Two New Members Are Announced HERSHEY, Pa. (PRWEB) December 15, 2017 The Hershey Trust Company Board of Directors and the Milton Hershey School Board of Managers announced the election of Robert C. “Bob” Heist as Chairman and Jan Bergen as Vice Chairman, effective today. Current Chairman Velma Redmond and member James Mead retired, as previously planned. Maria Trinh Kraus and Michela English were elected as new members of the Boards, effective Jan. 1, 2018,…

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Workshop seeks to promote links between domestic and FDI firms

The number of domestic businesses joining supply chains for FDI firms remains limited, especially in the key fields of automobile manufacturing and assembling, electronics and industrial machinery, said Nguyen Manh Linh, deputy director of the centre for developing supporting industry enterprises under the Institute for Strategic and Policy Studies of the Ministry of Industry and Trade. He noted that only a few of domestic enterprises are capable of meeting the quality requirements of FDI companies due to restrictions in production…

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Youths in local government – NewsDay Zimbabwe

We continue with the endeavour to encourage more young people to get involved in the politics and governance of the country particularly ahead of next year’s general elections. By MIRIAM TOSE MAJOME There was never a better time to consider running for office in public service. There are always opportunities for young people to enter politics to participate and influence policy in both national and local government. Qualified and interested people can contest for either Parliamentary seats or roles as…

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Notice to Shareholders of Parnell Pharmaceuticals Holdings, Ltd regarding Extraordinary General Meeting

PR Newswire SYDNEY, Dec. 15, 2017 SYDNEY, Dec. 15, 2017 /PRNewswire/ — Parnell Pharmaceuticals Holdings Ltd. (OTC PINK:PARNF) company Director, Robert Joseph is providing this Notice to shareholders for consideration in advance of voting at the Extraordinary General Meeting called for Friday, 29th December 2017, at 9:00am (Australian Eastern Standard Time). In the last 12 months, Company executives have pursued multiple deals, the most important, and the most desirable, of which are: Zydax for human use (being the licensing of the…

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#Steinhoff: Govt and business working together to protect pensions, financial markets

Johannesburg – SA Inc will embark on a number of initiatives to protect pensioners and South Africa’s financial markets following the Steinhoff fallout, according to Finance Minister Malusi Gigaba. Gigaba was speaking at a briefing following a meeting with the CEO Initiative, leaders of the JSE and the manufacturing sector, as well as the head of the Independent Regulatory Board of Auditors (IRBA) and executives of the Black Business Council at the JSE on Friday. “Government takes the developments regarding…

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Kessler Topaz Meltzer & Check, LLP Announces Investigation of Uber Technologies, Inc. on Behalf of Investors

RADNOR, Pa., Dec. 15, 2017 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP announces that it is investigating Uber Technologies, Inc. (“Uber” or the “Company”) on behalf of the Company’s investors. Since June 2014, Uber has raised over $10 billion from investors through private fundraising rounds, either directly or indirectly through pass-through investment vehicles.  Those fundraising rounds resulted in the issuance of Series D, Series E, Series F, and Series G Preferred Stock to investors and investment…

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Bank of America appoints new board director

Bank of America’s Board of Directors have appointed Dr. Maria Zuber as a director, effective immediately. Zuber, 59, currently serves as the E. A. Griswold Professor of Geophysics and the vice president for research at Massachusetts Institute of Technology (MIT), where she is responsible for research administration and policy. She chairs the National Science Board, having been appointed as a member by President Barack Obama in 2013. Since 2010, she has also served as a senior research scientist at the…

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Vanguard Newspaper Nigeria – Professionals must place employer’s interest above self – CIA | Nigerian Bulletin

By Oboh Agbonkhese LAGOS—PROFESSIONALS in all sectors must place public or employer’s interest above self. The absence of this selflessness has been a great challenge in the country, results of failures in corporate governance and inefficient administrative processes and procedures. This was the position of Dr. George Chima, President/Chairman of Council, Chartered Institute of Administration, CIA, at the institute’s induction of new members and annual general meeting in Lagos. According to Dr. Chima, “we read and hear about professionals who…

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Shareholder Class Action Filed Against Acorda Therapeutics, Inc. – ACOR

RADNOR, Pa., Dec. 14, 2017 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action lawsuit has been filed against Acorda Therapeutics, Inc. ACOR, -2.82% (“Acorda” or the “Company”) on behalf of purchasers of the Company’s securities between April 18, 2016 and November 14, 2017, inclusive (the “Class Period”). Investors who purchased Acorda securities during the Class Period may, no later than January 18, 2018, seek to be appointed as a lead plaintiff…

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Massive turnout as 5000+ Jobseekers, CEOs, Professionals attend 2017 National Career Fair

Source: Nathan Nathaniel Ekpo/ Massive turnout has been recorded at this year’s edition National career fair annual symposium on career information, business development, employment and economic opportunities for students, young professionals and SMEs, as it witnessed the attendance of over 5000 jobseekers, CEO, and Professionals Returning for its 6th succession, the capacity building program which is designed to reduce the growing unemployment rate in Nigeria assembled top HR executives, various captains of industries, top organizations, and entrepreneurs, to coach prospective…

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Government ‘drops’ plans for powers to investigate universities

The Government has dropped controversial plans to amend legislation before Christmas to allow for investigators to be appointed to examine wrongdoing by universities, according to well-placed sources. Minister for Education Richard Bruton announced plans earlier this year to allow for Government-appointed inspectors to investigate issues of concern in legislation due be passed before Christmas. This followed allegations of serious corporate governance issues at University of Limerick (UL), while senior staff in other institutions were accused of taking a “wild west”…

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CFI boardroom squabbles over as Rudland quits

Hamish Rudland resigned from the CFI board yesterday, a day prior to the agro-industrial group’s extraordinary general meeting (EGM) which was meant to fire him, marking the end of Stalap representation on the CFI board. Rudland’s resignation follows the exit of four other board members as, Stalap which owns a 41 percent stake in CFI and Messina investments which in concert with other parties holds over 42 percent, battle for control of the agro-industrial concern. Last month, CFI acting chairperson,…

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Fitch Affirms Sparkassen-Finanzgruppe at ‘A+’; Outlook Stable

(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: Sparkassen-Finanzgruppe – Rating Action Report here FRANKFURT/LONDON, December 13 (Fitch) Fitch Ratings has affirmed German saving banking group Sparkassen-Finanzgruppe’s (SFG) Long-Term Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook and Viability Rating (VR) at ‘a+’. The Support Rating (SR) has been affirmed at ‘5’ and the Support Rating Floor (SRF) at ‘No Floor’. At the same time, Fitch has affirmed the ‘A+’ Long-Term and…

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