Swaziland Property Investment Limited (SPROP.sz) 2000 Annual Report

first_imgSwaziland Property Investment Limited (SPROP.sz) listed on the Swaziland Stock Exchange under the Property sector has released it’s 2000 annual report.For more information about Swaziland Property Investment Limited (SPROP.sz) reports, abridged reports, interim earnings results and earnings presentations, visit the Swaziland Property Investment Limited (SPROP.sz) company page on AfricanFinancials.Document: Swaziland Property Investment Limited (SPROP.sz)  2000 annual report.Company ProfileSwaziland Property Investment Limited (SWAPROP) is a property investment holding company which derives its income from interest on loans with its subsidiary companies and interest on investment accounts. Wholly-owned subsidiaries linked to SWAPROP include Plaza Park Limited, The Hub Limited, Tincwadzi Properties Limited, Nhlangano Mall Properties and Elwandle Properties Limited. The subsidiary companies own their own properties and generate income from property rentals and related revenue sources. SWAPROP also has interests in legal entities which pool securities and other assets on behalf of shareholders, unitholders and beneficiaries. Swaziland Property Investment Limited is listed on the Swaziland Stock Exchangelast_img read more

National Foods Holdings Limited (NTFD.zw) HY2010 Interim Report

first_imgNational Foods Holdings Limited (NTFD.zw) listed on the Zimbabwe Stock Exchange under the Agri-industrial sector has released it’s 2010 interim results for the half year.For more information about National Foods Holdings Limited (NTFD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the National Foods Holdings Limited (NTFD.zw) company page on AfricanFinancials.Document: National Foods Holdings Limited (NTFD.zw)  2010 interim results for the half year.Company ProfileNational Foods is Zimbabwe’s largest food manufacturer. The company was established in 1920 and produces a broad range of basic foods including maize meal, flour, cooking oil, margarine, rice, salt, snacks, biscuits, pasta, sugar beans, baked beans, popcorn, as well as soap and a full range of animal feed. Recently, a maize based cereal has been added to the National Foods product portfolio. The company’s iconic and home-grown brands Red Seal, Pearlenta, Gloria, Mahatma, Better Buy, ZimGold, National Foods Stockfeeds, Iris, Zapnax, KING and most recently Allegros Popticorn are loved across the length and breadth of Zimbabwe. Gloria and Red Seal have been trusted and esteemed brands in Zimbabwe for almost a 100 years. The company has 2 major shareholders; Innscor Africa Limited 37.73% and Tiger Brands 37.45%. The National Foods Workers Trust, which was established in 1985 by way of a Donation also owns 9.85% of the company. The beneficiaries of the Trust are the National Foods Ltd non-managerial employees. The company is listed on the Zimbabwe Stock Exchange. National Foods has manufacturing sites in Harare, Bulawayo and Mutare from which it distributes its products throughout Zimbabwe. Our people work passionately to add value to the lives of our customers and consumers through our products; striving to continuously improve our existing products as well as progressively adding new categories to our portfolio. National Foods Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Forget the Sirius Minerals share price! I’d invest in Eurasia Mining now

first_img CORRECTION: An earlier version of this article stated that EUA’s share price rose alongside the price of platinum; this has been corrected to palladium.If you, like me, are an investor in  Sirius Minerals (LSE: SXX), chances are the wait to see what happens next for the polyhalite miner feels like a long one. There have been no announcements about the fertiliser producer’s future since Anglo American made a formal proposal to buy it out for 5.5p a share in an all-cash deal.  5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Wait and watch It’s now up to the miner’s shareholders to decide whether to accept AAL’s offer or not. If SXX management is considering any other alternative financing sources or offers from other companies, we don’t know. And going by its expressed opinion on the AAL offer, it doesn’t look like it either. There’s little left for me as an investor to do now, but watch the events as they unfold.  While I’m waiting, however, there are plenty of other stocks to assess. In fact, in the mining industry itself, there are other options to consider. One of these is AAL itself, and not just because it could acquire SXX. Another is FTSE 100 Anglo-Australian mine Rio Tinto, which offers a high dividend yield and has seen a healthy rise in share price over the past five years as well.  The promise of precious metals Yet another option is the metal miner Eurasia Mining (LSE: EUA), whose share price doubled in the last week, coinciding with a sharp increase in the price of palladium during this time. Platinum is EUA’s key revenue source, with palladium, iridium, rhodium, and gold adding marginally to the revenues as well.  So far its revenue comes from the West Kytlim mine in Russia. But it’s developing two other mines in the region as well – Monchetundra and Semenovsky. Of these, Monchetundra has reserves of platinum, gold, nickel, and copper. With even more reserves of platinum waiting to be mined here, the rise in platinum price adds further value to Eurasia Mining. It’s also a positive for the miner that platinum prices are expected to continue rising over time. Its mine in Semenovsky is expected to mine gold and silver. Prices of both precious metals have risen in the recent times too.  Good progress If EUA’s future looks bright, its present isn’t too bad either. In 2018, its revenues grew almost 14 times from 2017 as its West Kytlim mine ran for its first full season of mining. It also made gross profit during the year. Moreover, it was issued the mining license for the Monchetundra project at the end of 2018. It’s now also expanding exploration to the Monchetundra flanks project, after receiving the go ahead for it in December last year.  Like in the case of Sirius Minerals, it’s always worth remembering that mining projects have a long gestation period. Investing in miners early is an exercise in patience. Unlike SXX though, EUA has proven demand for its products, and has started generating revenue. I’m positive on it.  Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Manika Premsingh owns shares of Sirius Minerals. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this.center_img Manika Premsingh | Saturday, 8th February, 2020 | More on: EUA SXX Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Forget the Sirius Minerals share price! I’d invest in Eurasia Mining now Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address See all posts by Manika Premsinghlast_img read more

Stock market recovery: why I’d buy and hold good value UK shares

first_imgSimply click below to discover how you can take advantage of this. Get the full details on this £5 stock now – while your report is free. Image source: Getty Images Defining what’s a good value UK share isn’t an exact science. It’s clearly subjective, since every investor will have their own viewpoints on what constitutes an undervalued buying opportunity.However, a good value investment is likely to combine two major elements. Price and quality. Through focusing on achieving both of these attributes, it may be possible to focus on the most attractive buying opportunities.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Over time, they may provide a greater chance of delivering capital growth in a potential long-term stock market recovery.Attributes that make good value UK sharesWhile it can be tempting to simply buy the highest-quality shares, or the cheapest stocks, combining the two elements may provide a greater opportunity to generate capital growth. Buying good value UK shares has been a relatively successful strategy for some investors in the past. This has involved purchasing a strong company at a price that doesn’t reflect its long-term financial prospects.Clearly, assessing the quality of a company is very subjective. For example, it may include financial strength, a unique product, access to a diverse range of markets, or a solid management team that has a long track record of success.Similarly, different measures can be used to determine whether a stock is cheap. They include, but are not limited to, earnings multiples and comparing asset values to current share prices.By focusing on good value UK shares, rather than exclusively on cheap or high-quality stocks, it may be possible to reduce risk and improve overall returns. This could lead to a stronger portfolio performance in a potential long-term stock market recovery.Identifying the best buying opportunities todayOf course, many good value UK shares continue to face difficult outlooks. A stock market rally over the coming years is by no means guaranteed. Risks such as coronavirus and political uncertainty could weigh on the stock market’s performance over the short run, as well as in the long term.However, the FTSE 100 and FTSE 250 both currently trade below their all-time highs. This suggests there may be a number of companies that trade at lower prices and on lower valuations than they have averaged in the past.Similarly, some companies may be struggling in the short run to deliver sales growth. But these also have the financial means to survive a period of difficulty to benefit from a potential global economic recovery.Through buying such companies now and holding them over the long run, it may be possible to obtain a relatively high return. As such, now could be the right time to focus on buying good value UK shares. Certainly while the stock market continues to trade at a relatively low level. And while investor sentiment towards some industries is somewhat weaker than has been the case in previous years. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address FREE REPORT: Why this £5 stock could be set to surge See all posts by Peter Stephens Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Peter Stephens | Friday, 5th February, 2021 Stock market recovery: why I’d buy and hold good value UK shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

Analysis: All-action Jack Nowell lays down England marker

first_imgWith Stuart Lancaster pondering whether to start him against Ireland, Jack Nowell helped inspire Exeter Chiefs to a 32-21 victory over Harlequins. We analyse his performance. In a neat metaphor for his entire performance, the 21 year-old then bounces off the deck onto his feet to involve himself in the next phase:So far, we have touched on intuition and tenacity as weapons in Nowell’s armoury. This last piece of play encapsulated both:Trusting his team’s system entirely, Nowell stays in the defensive drift and waits for Whitten to tackle Marland Yarde before pouncing and latching on in a study position:AttackThe above might suggest Nowell did not have much time to contribute when the Chiefs were on the front foot. That would be entirely inaccurate. He looked perpertually dangerous, beginning with this restart:Not content with shrugging off Ward, he also beats Charlie Matthews and it is only a cover tackle from Care that fells him. Getting to his feet again, Nowell adds another couple of metres in another snapshot of desire and determination.Setting off from first-phase set-piece, he caused a different sort of trouble from this lineout not long afterwards:Exploding off Slade, Nowell’s angle is too good for Casson and hauls his side past the gain-line:In the second half, two runs ended in Exeter crossing the line. First, this outside break:Referee Matt Carley disallowed what would have been an 11th try of the domestic campaign for Thomas Waldrom after consulting with his television match official, deeming Hill’s pass to have drifted foward.With another look, we can nitpick and say Nowell could have held his depth slightly more. Similarly though, his retention of width,  vision and communication – signalling to Hill – are impressive and will stand him in good stead on England duty:Lastly, the try that did count – that of Slade, which was manufactured by a blistering step and deft offload from the man of the moment:Test matches are blown open by such dexterity. Nowell did as much himself a year ago at Murrayfield, setting up Mike Brown.This particular intervention is worth a closer look. Essentially, he takes out three defenders in a space of three metres: TAGS: Highlight Releasing 12 members of his wider squad into Aviva Premiership action, Stuart Lancaster earmarked this weekend as one for fringe England players to impress their credentials for more prominent involvement further down the Six Nations road.Despite a 32-21 defeat to Exeter Chiefs at the Twickenham Stoop, two Harlequins did just that – Danny Care showing verve and ambition, Nick Easter offering grind and guile.Three men outside of Lancaster’s central training group shone for the visitors too. Henry Slade bagged a mammoth 27 points in another classy effort, teak-tough Sam Hill did a mountain of dirty work and Dave Ewers proved a monstrous pest.Given the nature of England’s tournament thus far though, there is unlikely to be many changes ahead of a potentially Grand Slam-deciding date in Dublin. In fact, just one man has a chance of breaking into the side.Having trained with the starters at Pennyhill Park all week, Jack Nowell had a stage to shine and underline why he should usurp Jonny May in the 15 to face Ireland. The Cornishman absolutely aced the assignment.“Sharp”, “strong” and “irresistible” were all adjectives used by Rob Baxter in the aftermath. Here are the areas in which Nowell caught the eye.Kick coverageGranted, this is perhaps not the sexiest place to start. Still it is an area sure to be pivotal for both back threes on Sunday. Though Nowell was deployed at outside centre by Baxter, he showed excellent awareness and positioning when called upon, starting with this bout of kick-tennis early on:For many spectators, this facet of the game  is frustrating and banal. That may be true, but it will certainly be happening on March 1. It also requires forward thinking. In this sequence, watch where Nowell is as full-back Phil Dollman strikes downfield:This is the off-the-ball, unseen graft Lancaster really values. Nowell tracks back 35 metres to cover Nick Evans‘ reply, catching on his own 22. Showing impeccable technique, he turns sideways – a small thing, but eradicating the possibility of a knock-on – to claim before sending a kick back:Later in the first half, we come to something for which Lancaster publically praised the young Chief during last season’s Six Nations:With Exeter down to 14 men following the sin-binning of Ian Whitten, Nowell is covering the right wing channel. He must be able to field any probing kicks in back-field and, if the opposition move it wide, rush up into the primary line to make a tackle.Reading body language is the key skill in play, and Nowell must second-guess as to which option Evans will take when the fly-half receives the ball:As it happens, Evans goes out on the ball. Even so, Nowell was in no danger. A screenshot details how he has made the right call, pulled out of a defensive press and begun to back-track rapidly:Finally, Nowell pulled off some excellent anticipation and classy counter-attack as the hosts looked to get back into the tie during the second period. Tracking Care’s chip, he steps to beat the scrum-half and provide a target for his forwards:DefencePerhaps Nowwell’s strongest points are proactivity and enthusiasm. Quite simply, he wants to make as many contributions as possible. When Harlequins had the ball, this was obvious.Aside from dealing with kicks, he hunted work as a tackler and even at the breakdown. Despite being blocked by Tom Casson at the opening kick-off, he manages to bring down Ugo Monye:Such energy set the tone for Nowell’s afternoon – a hugely industrious one. As Harlequins enjoyed a spell of dominance close to the start, he sought out Dave Ward to make this important tackle:The contact is low and solid, forcing Ward to deck quickly and therefore allowing Exeter’s forwards to compete at the ensuing ruck. More impressive though is how Nowell picks out the carrier from distance. Notice his body angle here: LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS BATH, ENGLAND – DECEMBER 27: Jack Nowell of Exeter Chiefs looks on during the Aviva Premiership match between Bath Rugby and Exeter Chiefs at Recreation Ground on December 27, 2014 in Bath, England. (Photo by Dan Mullan/Getty Images) May made a few glaring errors against Italy. Lancaster may well choose to leave the Gloucester man out on that basis. In spite of conceding two penalties – one for a high tackle on Ward, the other for failing to roll away on bringing down Netani Talei – Nowell looks in red-hot form. He could thrive in Dublin.Thanks to BT Sport and Premiership Rugby for the match footage. Follow this link to buy tickets to the Premiership Rugby Final.last_img read more

Washington National Cathedral donates 5,000 masks found in storage to…

first_img Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Hopkinsville, KY Rector Martinsville, VA Submit a Press Release Assistant/Associate Rector Morristown, NJ Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Health & Healthcare Rector Tampa, FL Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Washington, DC Associate Rector Columbus, GA Canon for Family Ministry Jackson, MS Bishop Diocesan Springfield, IL Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Curate (Associate & Priest-in-Charge) Traverse City, MI Curate Diocese of Nebraska Associate Rector for Family Ministries Anchorage, AK Family Ministry Coordinator Baton Rouge, LA Rector Shreveport, LA Rector Collierville, TN Course Director Jerusalem, Israel Director of Administration & Finance Atlanta, GA Press Release Service Priest Associate or Director of Adult Ministries Greenville, SC New Berrigan Book With Episcopal Roots Cascade Books Rector Belleville, IL Washington National Cathedral donates 5,000 masks found in storage to hospitals Rector and Chaplain Eugene, OR Assistant/Associate Priest Scottsdale, AZ center_img Priest-in-Charge Lebanon, OH TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector/Priest in Charge (PT) Lisbon, ME Cathedral Dean Boise, ID Missioner for Disaster Resilience Sacramento, CA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group A worker carries boxes of respirator masks out of Washington National Cathedral on March 25, 2020. Photo: Danielle E. Thomas/Washington National Cathedral[Episcopal News Service] A severe shortage of masks and other medical equipment is putting health care workers at risk and limiting their ability to treat COVID-19 patients, and hospitals are hoping donated supplies come in soon. On March 25, two Washington, D.C., hospitals got a donation from an unlikely source: a stash of masks that was recently discovered in the crypt of Washington National Cathedral.The cathedral has donated the 5,000 respirator masks to MedStar Georgetown University Hospital and Children’s National Hospital. The masks were purchased after the 2006 avian flu scare, according to the cathedral’s communications staff, “to allow clergy to provide pastoral care without putting their own health at risk” in the event of a future outbreak.The masks were kept in storage on the cathedral’s crypt level and forgotten about until a stonemason found them during routine maintenance work. Cathedral staff consulted the manufacturer and Centers for Disease Control and Prevention guidelines and concluded that the masks, which had never been opened, were safe to use.“In these difficult and trying times, the cathedral community is doing everything we can to help protect the most vulnerable among us from the effects of the coronavirus pandemic,” the Very Rev. Randolph Hollerith, dean of the National Cathedral, said in a press release. “We have made significant adjustments to our worship programs and made church services available for streaming online, and now we’re prepared to take this additional, proactive step to ensure thousands have access to protection that otherwise may never have been available to them.”In response to a critical shortage of donated blood, the National Cathedral will also hold a blood drive with the American Red Cross on March 27.– Egan Millard is an assistant editor and reporter for Episcopal News Service. He can be reached at [email protected] Featured Events Rector Pittsburgh, PA Tags Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Director of Music Morristown, NJ Youth Minister Lorton, VA Submit an Event Listing Featured Jobs & Calls Rector Smithfield, NC Assistant/Associate Rector Washington, DC By Egan MillardPosted Mar 25, 2020 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector (FT or PT) Indian River, MI An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Submit a Job Listing Rector Bath, NC Rector Albany, NY COVID-19, Rector Knoxville, TN The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Associate Priest for Pastoral Care New York, NYlast_img read more

Who’s Moving? FRAME appoints its first CEO, plus more charity recruitment news

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Advertisement Tagged with: Charity People Recruitment / people International Federation of Robotics elects new President & VPProfessional non-profit organisation the International Federation of Robotics has elected Milton Guerry as its new President, and Klaus Koenig as Vice President. Guerry heads the SCHUNK USA team as its President based in Morrisville, North Carolina. He is also a member of the Robotic Industries Association’s (RIA) Board of Directors, and began his career in the automotive industry. Koenig serves as CEO of KUKA’s Robotics division based in Augsburg, Germany. He joined KUKA AG in July 2017 as Chief Operating Officer, before which he had held various leadership positions in the German automotive industry.   518 total views,  2 views today FRAME has appointed its first CEO, while Lloyd Bank Foundation’s first and only Grant Manager for Wales is retiring – amongst other sector moving news.  And finally: First CEO for FRAMEFRAME, the medical research charity committed to reducing the number of animals used in scientific testing, has appointed its first Chief Executive Officer. Celean Camp has joined FRAME from the Association of Child Protection Professionals, where she was Director and responsible for delivering the organisation’s strategic plan and its services across the UK. Her previous roles have included Operations Manager at Accessible Arts & Media and Charity Manager at the Institute for Effective Education. Celean has a MA Hons in Psychology from the University of Aberdeen and a MSc in Psychology from the Open University.Image: FRAME CEO, Celean Camp (left) and FRAME Chair of Trustees, Dr Anna Cadogan (right). Three trustees for SuletsStudent homes charity Sulets, one of the largest student accommodation providers in Leicester, has appointed three new trustees, including a new Chairman, to its Board as it looks to grow its presence and investment in the city and provide more affordable accommodation.  Entrepreneur Paul Groves (pictured) is the newly appointed Trustee Board Chairman and is currently COO at energy technology company Arq. Richard Osborne, Regional Director of Excello Law, and Tim Matthews, who has held leadership positions at Wolseley UK, T.M. Lewin and Wickes, also join the board.  All three will be at the heart of the decision-making process, and bring commercial experience to Sulets. They will provide expert knowledge as the company seeks to own and develop its own property to invest in Leicester and bring more affordable rent to students in the city. About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. NSPCC appoints Director of Communications and MarketingThe NSPCC has appointed David Hamilton as Director of Communications and Marketing. Hamilton is joining the charity from the same position at The Scout Association. At Scouts, he introduced a strategy to modernise the movement’s image and increase its reach, relevance and reputation, and in 2018, launched a new brand for the 113-year-old movement. In his new role, Hamilton will be responsible for NSPCC and Childline marketing and communications activity across the UK. He will lead a team of over 100 people across public relations, media, marketing, digital, data insights and volunteer and staff communications.  519 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Who’s Moving? FRAME appoints its first CEO, plus more charity recruitment news  Lloyds Bank Foundation Grant Manager for Wales retiresLloyds Bank Foundation for England and Wales is saying goodbye to its first and only grant manager for Wales after 23 years. Mike Lewis, 59, from Brecon, is retiring from the Foundation and worked as a manager for Lloyds Banking Group for 14 years before joining it. Since then he has held roles as a trustee with the Wales Council for Voluntary Action (WCVA), as the Wales representative of the UK grants committee with Comic Relief and chaired the Wales Funders Forum. Lewis also helped set up the Wales Advisory Group that now has members across the Welsh Government and local government, WCVA, charities, sector experts and Lloyds Banking Group Wales Ambassador, and is currently a Wales National Advisory Committee member for BBC Children in Need.Image credit: Aled Llywelyn Melanie May | 18 March 2020 | News Blue Cross welcomes Chris Burghes as CEOCEO of Blue Cross, Sally de la Bedoyere, will be stepping down at the end of June to retire after five years. The charity has announced the appointment of Chris Burghes who will join to lead the organisation from 1 June 2020. Burghes was previously the CEO of the Royal Free Charity, the charitable arm of the Royal Free London NHS Foundation Trust. He has a wealth of experience in the day-to-day management of charities, gained both at the Royal Free and the Fire Fighters Charity.last_img read more

Caltech Joins Lawsuit to Block Administration’s New Visa Rules

first_img Subscribe Top of the News Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Caltech, USC and four other research institutions and public universities have filed suit in federal court to block the U.S. Department of Homeland Security and the U.S. Department of Labor from implementing rules to limit the number of foreign high-skilled workers allowed to work in the United States.Also party to the action are the Presidents’ Alliance on Higher Education and Immigration and business, manufacturing, trade, and labor organizations.The plaintiffs allege the administration’s new rules, published Oct. 8, are “designed to substantially restrict, if not outright eliminate the H-1B visa category.” The H-1B program allows high-skilled workers to come temporarily to the United States to perform services in a specialty occupation.The complaint alleges that H-1B workers are “critical members of U.S. higher education institutions, performing ground-breaking new research and educating thousands of American students. All this productivity, in turn, creates net new jobs for the domestic labor market. And H-1B visa holders inject ingenuity, entrepreneurship, and cultural diversity across the United States.”In the Caltech community, including the Jet Propulsion Laboratory, more than 160 scientists, engineers, and scholars are active visa holders and currently contribute to the Institute’s research and educational enterprise, according to Caltech. These individuals provide knowledge and perspective “that has advanced scientific discovery, supported the development of new instrumentation, and accelerated the Institute’s contributions to society overall.”“Seminal achievements in science and technology, as well as the ability of institutions like Caltech to respond to today’s most critical challenges, depend on the contributions of ambitious and original scholars from around the world,” said Caltech president Thomas F. Rosenbaum. “To this end, the H1-B visa program has helped the United States become the destination of choice for these immensely talented individuals, providing security in their employment status. If these rules stand, they will undercut an historical advantage for American universities and industry, to the detriment of society as a whole.”Ken Cuccinelli, the senior official performing the duties of the DHS deputy secretary, and Patrick Pizzella, the deputy labor secretary, told reporters earlier this month that the measures are being implemented using an expedited process because of the coronavirus pandemic’s impact on the U.S. workforce.“With millions of Americans looking for work and as the economy continues its recovery, immediate action is needed to guard against the risk that lower-cost foreign labor can pose to the well-being of U.S. workers,” Pizzella said.The H-1B program is popular with U.S. technology companies and other firms that say they struggle to find enough engineers, computer scientists and other highly skilled workers. The program has a cap of 85,000 visas per year, awarded using a lottery system and typically are valid for three years.Last year, U.S. Citizenship and Immigration Services estimated there are more than 583,000 H-1B visa holders working in the United States. About 70 percent of H-1B visa holders are from India, according to a report by Rand using federal data. An additional 15 percent are granted to applicants from China. No other country accounts for more than 2 percent.One of the proposed changes would shorten the visas’ validity to one year for workers who are hired through third-party consulting firms.Opponents of the H-1B program say it incentivizes companies to replace their American employees with cheaper foreign labor.The new DHS rule represents sweeping changes to H-1B eligibility. The complaint by Caltech, USC and their co-plaintiffs alleges that the new DHS rule “redefines what qualifies as a `specialty occupation,’ tightening the category of individuals who will qualify.” It also lowers the validity period of visas issued to H-1B workers employed at third-party job sites from three years to one year, while imposing “burdensome compliance requirements regarding third party contracts.”The lawsuit says the new rule “is a poison pill that would destroy the whole H-1B system” by raising the minimum wages paid to H-1B workers and workers with EB-2 and EB-3 visas to artificially high levels that vastly exceed what comparable domestic workers are paid. The suit also says the Department of Labor has calculated that its new rule “will result in at least $198.29 billion in costs imposed on employers over a 10-year period.”The lawsuit, filed on Oct. 19 in the U.S. District Court for Northern California, asks for the DHS rules, which become effective Dec. 7, and the Department of Labor companion rules, which took effect when they were announced, to be enjoined pending the outcome of the lawsuit.In addition to Caltech, the other higher education institutions joining the lawsuit are Cornell University, Stanford University, the University of Southern California, the University of Rochester, and the University of Utah. The other plaintiffs include the Chamber of Commerce of the United States, the National Association of Manufacturers, the National Retail Federation, the Bay Area Council, the American Association of International Healthcare Recruitment, the Presidents’ Alliance on Higher Education and Immigration, and Arup Laboratories. More Cool Stuff Education Caltech Joins Lawsuit to Block Administration’s New Visa Rules CITY NEWS SERVICE Published on Monday, October 19, 2020 | 9:55 pm Name (required)  Mail (required) (not be published)  Website  Make a comment Your email address will not be published. Required fields are marked * Herbeauty8 Yoga Poses To Overcome Stress And AnxietyHerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyHow To Lose Weight & Burn Fat While You SleepHerbeautyHerbeautyHerbeauty10 Special Beauty Tips That Make Indian Women So BeautifulHerbeautyHerbeautycenter_img Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News STAFF REPORT First Heatwave Expected Next Week 32 recommended0 commentsShareShareTweetSharePin it CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img

KBKG Welcomes Two New Directors to Atlanta-Based Operation

first_img By Digital AIM Web Support – February 24, 2021 Facebook Twitter Local NewsUS News KBKG Welcomes Two New Directors to Atlanta-Based Operation WhatsApp Pinterest TAGS  Twitter WhatsApp Pinterest Facebook Previous articleHR for Health Is Launching a Brand-New Software InterfaceNext articleModzy Research Reveals Challenges and Opportunities with AI Implementation in 2021 and Beyond Digital AIM Web Supportlast_img read more

Medical Council Of India Has No Power To Make Any Reservation For In-Service Candidates; States Have: SC Constitution Bench [Read Judgment]

Top StoriesMedical Council Of India Has No Power To Make Any Reservation For In-Service Candidates; States Have: SC Constitution Bench [Read Judgment] LIVELAW NEWS NETWORK30 Aug 2020 10:43 PMShare This – xThe Constitution Bench of the Supreme Court has held that Medical Council of India has no power to make any reservation for in-service candidates in Post Graduate Medical Course in any particular state. The bench comprising Justices Arun Mishra, Indira Banerjee, Vineet Saran, MR Shah and Aniruddha Bose observed that the power of Medical Council of India Act is referable to Entry 66, List…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Constitution Bench of the Supreme Court has held that Medical Council of India has no power to make any reservation for in-service candidates in Post Graduate Medical Course in any particular state. The bench comprising Justices Arun Mishra, Indira Banerjee, Vineet Saran, MR Shah and Aniruddha Bose observed that the power of Medical Council of India Act is referable to Entry 66, List 1, which is a limited source of power to lay down standards. It held that the Medical Council of India regulations providing for reservation for in-service candidates in PG Medical Courses are ultra vires the Medical Council of India Act.The Court has however clarified that the judgment will apply only prospectively and will not affect any admissions already made. Justice M R Shah, who read out the judgment, expressed  gratitude to all counsels for helping the constitution bench to decide the issue through virtual court.The Court further observed that States can make regulations to provide reservation for in-service doctors in PG medical course and suggests that States may ask such beneficiaries to serve in rural, hilly and tribal areas for five years.ReferenceTamil Nadu Medical Officers’ Association and others had filed a writ petition before the Apex Court challenging Regulation 9(4) and (8) of the Post Graduate Medical Education Regulations, 2000, as framed by the Medical Council of India. They had mainly contended that “the coordination and determination of standards in institutions for higher education” is within the exclusive domain of the Union, medical education under Entry 25, List III, though made subject to Entry 66 of List I, being an Entry in the Concurrent List, the State is not denuded of its power to legislate on the manner and method for admissions to Post Graduate Medical Courses.The Three judge bench, while referring the case to larger bench had noted the contentions of the petitioner that that “the coordination and determination of standards in institutions for higher education” is within the exclusive domain of the Union, medical education under Entry 25, List III, though made subject to Entry 66 of List I, being an Entry in the Concurrent List, the State is not denuded of its power to legislate on the manner and method for admissions to Post Graduate Medical Courses. In Dinesh Singh Chauhan case, a three-judge bench had held that the state cannot provide reservation to in-service candidates to PG Courses. It was also held that Regulation 9 to be a complete Code and a provision for determining the inter-se merit of the candidates including by giving weightage of marks as an incentive to eligible in-service candidates who have worked in notified remote or difficult areas in the State, which is just, reasonable and necessary in larger public interest. The Bench headed by Justice Kurian Joseph, observed: “We are of the view that Dinesh Singh Chauhan (supra), has not considered the legislative Entries in respect of the contentions 10 we have noted above. Apparently, it appears no such contentions were raised before the Court. Same is the situation with regard to the non-reference with respect to the three Constitution Bench decisions we have referred to above. As far as Modern Dental (supra) is concerned, perhaps the judgment had not been published by the time the judgment in Dinesh Singh Chauhan (supra) was rendered.”What Constitution Bench Held?The issue considered by the Court was whether under the scheme of the Constitution and the provisions of the Postgraduate Medical Education Regulations, 2000 made by the Medical Council of India under Section 33 of the Indian Medical Council Act, 1956, a State has any power to reserve seats for admission in postgraduate medical degree courses for the medical professionals working in governmental organisations (in-service doctors) within that State? Justice MR Shah and Justice Aniruddha Bose delivered separate judgments but both of them held that the States possess the power to reserve seats for in-service doctors. Justice MR Shah observed that Entry 66 List I is a specific entry having a very limited scope and it deals with “coordination and determination of standards” in higher education. The words “coordination and determination of standards would mean laying down the said standards. It was also held that the Medical Council of India which has been constituted under the provisions of the Indian Medical Council Act, 1956 is the creature of the statute in exercise of powers under Entry 66 List I and has no power to make any provision for reservation, more particularly, for in­service candidates by the concerned States, in exercise of powers under Entry 25 List III. It was further observed that Regulation 9 of MCI Regulations, 2000 does not deal with and/or make provisions for reservation and/or affect the legislative competence and authority of the concerned States to make reservation and/or make special provision like the provision providing for a separate source of entry for in­service candidates seeking admission to postgraduate degree courses and therefore the concerned States to be within their authority and/or legislative competence to provide for a separate source of entry for in­service candidates seeking admission to postgraduate degree courses in exercise of powers under Entry 25 of List III. if it is held that Regulation 9, more particularly, Regulation 9(IV) deals with reservation for in­service candidates, in that case, it will be ultra vires of the Indian Medical Council Act, 1956 and it will be beyond the legislative competence under Entry 66 List I, Justice Shah said, while also holding that Regulation 9 of MCI Regulations, 2000 to the extent tinkering with reservation provided by the State for in­service candidates is ultra vires on the ground that it is arbitrary, discriminatory and violative of Articles 14 and 21 of the Constitution of India; The Court further held the State has the legislative competence and/or authority to provide for a separate source of entry for in­service candidates seeking admission to postgraduate degree/diploma courses, in exercise of powers under Entry 25, List III. However, it also observed that policy must provide that subsequent to obtaining the postgraduate degree by the concerned in­service doctors obtaining entry in degree courses through such separate channel serve the State in the rural, tribal and hilly areas at least for five years after obtaining the degree/diploma and for that they will execute bonds for such sum the respective States may consider fit and proper. The Court clarified that the present decision shall operate prospectively and any admissions given earlier taking a contrary view shall not be affected by this judgment Justice Bose observed that there is no bar in Clause 9 of the Postgraduate Medical Education Regulations, 2000 as it prevailed on 15th February 2012 and subsequently amended on 5th April, 2018 on individual States in providing for reservation of in-service doctors for admission into postgraduate medical degree courses.The Court observed that the view expressed in the State of Uttar Pradesh & Ors. vs. Dinesh Singh Chauhan [(2016) 9 SCC 749] to the extent it has been held in the said decision that reservation for the said category of in-service doctors by the State would be contrary to the provisions of 2000 Regulations, is incorrect.Click Here To Download Judgment[Read Judgment] Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story read more