Financial Services Halted Until August 4

first_imgResponding to the strict measures announced President Ellen Johnson-Sirleaf, on Wednesday, July 30, aimed at curtailing the spread of the Ebola epidemic in the country, the Central Bank of Liberia (CBL) has directed all financial institutions, including commercial banks and insurance companies, to ensure full compliance.All financial institutions are hereby further directed to close to the public to allow for the chlorination and disinfection of their premises effective Friday, August 1 to Saturday, August 2, 2014.  Business activities will resume on Monday, August 4, 2014.  All financial institutions are also directed to make further safety measures to protect the public against the Ebola epidemic.The CBL said it will conduct inspection of the premises of financial institutions to monitor compliance with the presidential proclamation. Therefore, all concerned are advised to take note and govern themselves.  All cooperation of the public with this directive is also required.The CBL wants all requests for information and/or clarification forwarded to its Regulation and Supervision Department (RSD).Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

SA heritage comes home

first_imgA slice of South African history – Ahmed Kathrada, Arthur Chaskalson, George Bizos and Denis Goldberg from left to right in the back row, with Richard Stengel, Madiba and Pallo Jordan from left to right in the front. Dr Pallo Jordan, Minister of Arts and Culture, receives the priceless documents from Nicky Oppenheimer. Arthur Chaskalson (left), Ahmed Kathrada (right) and George Bizos (bottom) confer. A jovial Nelson Mandela greets the guests. (Images: Janine Erasmus)Janine ErasmusThe Nelson Mandela Foundation and the National Archives have taken delivery of vital documents relating to the writing of Mandela’s autobiography Long Walk to Freedom and the historical Rivonia Treason Trial respectively, in the presence of Madiba himself.At a ceremony on 29 November 2008 at the offices of the Nelson Mandela Foundation, Arts and Culture minister Pallo Jordan received records from the Rivonia Trial from their previous custodian, De Beers Group chair Nicky Oppenheimer.At the same time, the Nelson Mandela Centre of Memory took possession of 100 hours of recorded conversations made during the writing of Long Walk to Freedom. The collection was handed over by former Rivonia Trial accused Ahmed Kathrada and Time magazine’s managing editor Richard Stengel, who worked with Mandela for almost two years on the book.Chair of the Foundation and eminent linguist Professor Jakes Gerwel presided over the occasion, which brought together not only Mandela and Kathrada, but also other surviving treason trial participants including fellow accused Denis Goldberg and distinguished defence lawyers George Bizos and Arthur Chaskalson.Seminal event in South African history“The prosecution documents are a vital part of the Rivonia Trial, which is such a seminal event in South Africa’s history that it was entered into the Unesco Memory of the World register in 2007,” said Gerwel, adding that still today much of the documentation is missing.In 2009 funds from Unesco will provide for a worldwide audit so researchers working on the project can investigate exactly how much documentation still exists, and where it is held.The Rivonia Treason Trial was so named because it resulted from a raid by South African police on the farm Liliesleaf in Rivonia, near Johannesburg, on 11 July 1963. Resistance leaders from the African National Congress were evading the security police on the farm – Mandela himself lived there masquerading as a gardener and cook called David Motsamayi (“the walker”). He was already in custody when police swooped on Liliesleaf, and joined his fellow accused later for the trial.The trial began in November 1963 and sentence was passed on 12 June 1964. Nelson Mandela and seven other accused – Walter Sisulu, Govan Mbeki, Raymond Mhlaba, Elias Motsoaledi, Andrew Mlangeni, Kathrada and Goldberg – received life sentences.Chief prosecutor Dr Percy Yutar kept a valuable bundle of papers that included a handwritten Mandela diary, a transcript of the trial, Mandela’s four-hour speech delivered from the dock, and a number of photographs. He later attempted to get rid of these collected papers, and others, by putting them on sale to the highest bidder. “This archival heritage is now coming home,” said Gerwel.Accepting the priceless papers, Jordan noted the significance of the month of November in South African democracy, saying that the Rivonia Trial began almost to the day 45 years before, and a decade previously then-president Nelson Mandela received the first interim report of the Truth and Reconciliation Commission from its chair, Archbishop Desmond Tutu.“One of the mysteries of the Rivonia Trial is the fate of its full body of documentation,” said Jordan. “The defence team secured its records against raids by the security police, and we do have some of this documentation in libraries at Wits University and in the UK and other countries.”He mentioned that the prosecution team under Yutar collected copious documentation which should, by law, have been transferred to the National Archives within 30 years of the end of the trial.“However, Dr Yutar took a somewhat elastic view of the notion of public property,” said the minister wryly, “and in the 1990s the documents went on sale on the open market. Nelson Mandela decided not to prosecute his former prosecutor, and fortunately Harry Oppenheimer intervened to keep the records within South Africa.”Nicky Oppenheimer described the Rivonia trial as a seminal event in South African history that changed the world’s perception of what was really going on in the country and mobilised huge international support for the defendants.“My father [the late Harry Oppenheimer] was determined that Yutar’s papers should not leave the country,” said the younger Oppenheimer, “and he bought them for his Brenthurst Library of Africana. My sister [Mary Slack] and I are now proud to pass the papers to the National Archive.”Jordan said he hoped that the example set by the Oppenheimer family would inspire others, whether locally- or internationally-based, who may have purchased trial documents, to return them to the state. “Humanity can only gain by looking the past squarely in the face. We thank the Oppenheimers on behalf of a grateful nation.”Conversations with MadibaKathrada and Stengel handed a collection of audio conversations with Mandela to the Foundation’s Centre of Memory. The conversations, made by the trio in the early 1990s, were part of the preparation for the best-selling Mandela autobiography Long Walk to Freedom, and have lain in storage for over 10 years.“The tapes are a unique archive of Madiba’s often intimate engagement with his own memory,” said Gerwel, “and it is fitting that an archival institution such as the Foundation should take care of them, process them, transcribe them, digitise them, and make them available to everyone. They belong, as a resource, to the world.”Stengel, who was in South Africa in December 1992 to meet with Mandela, described the months leading up to South Africa’s first democratic elections as “perilous”. “I had to wait a few weeks to see Mandela but it was worth it,” he said. “This is the man who, I believe, paved the way for Obama. He grasped history by the lapels and shook it, and it is the greatest privilege of my life to have worked with him.”Long Walk to Freedom, added Gerwel, will be read as long as there are people who believe in justice, equality, fairness and kindness.Do you have queries or comments about this article? Email Janine Erasmus at [email protected] articlesHistory of South AfricaTaking the Nelson Mandela routeFrom Liliesleaf to Robben IslandUseful linksNelson Mandela FoundationThe National ArchivesPolitical trials in South African historyMandela’s Rivonia Trial speechMemory of the World – Rivonia TrialThe Brenthurst LibraryLilliesleaf Trustlast_img read more

Golden Owl Award finalists announced

first_imgShare Facebook Twitter Google + LinkedIn Pinterest During December and January, 10 agricultural educators were named as Golden Owl Award finalists in surprise ceremonies throughout the state.Presented by Nationwide, Ohio Farm Bureau and Ohio FFA, the Golden Owl Award honors agricultural educators for their outstanding contributions in helping future leaders.Nominations were accepted through November 2018. Each of the teachers who were recognized as Golden Owl honorees received a $500 prize and entrance into the final selection stage. One honoree then will be chosen for the grand prize, the Golden Owl Award and $3,000.The 10 finalists for the Golden Owl Award are: Dave StilesIndian Valley High School, Stephanie Conway Bowling Green High School, John Poulson Pettisville High School, Randy EisenhauerShelby High School, Erin Wollett Cardington-Lincoln High School, Michael Spahr Greene County Career Center, Tom Holton East Knox Junior-Senior High School, Shelby Faulkner Ridgemont High School, Holly Jennings Felicity-Franklin High School, and Katrina Swinehart Central State University.last_img read more

Apple Profits Fall And Growth Slows. Welcome To The New Normal

first_imgCognitive Automation is the Immediate Future of… taylor hatmaker 3 Areas of Your Business that Need Tech Now Massive Non-Desk Workforce is an Opportunity fo… Related Posts center_img IT + Project Management: A Love Affair Apple reported its first profit decline in over a decade and bluntly admitted that its growth is slowing. It was, indeed, a strange but not wholly unexpected change of pace for the wildly successful Cupertino company.Despite that bad news, the stock market barely hiccupped. As of writing, Apple shares were virtually unchanged in after-hours trading from their close of $406.13 — a level roughly 42% below their peak just seven months ago. Which means that these diminished expectations are, for now, Apple’s new normal.The Humbling Of AppleIn the January-March quarter, Apple generated $43.6 billion in revenue with a profit of $9.5 billion, compared to $39.2 billion and $11.6 billion a year ago. Profits might be down by a not-insignificant 18%, but the numbers still beat out quarterly estimates of between $41 and $43 billion in revenue. For next quarter, Apple set the bar low, with an expected $33.5 to $35.5 billion in revenue.Apple also set new records for March quarter sales of the iPhone and iPad, for what it’s worth.While Apple quarterly calls — like Apple launch events, Apple ads and the Apple ethos — tend to err on the side of smug, today’s tone was muted. As Apple’s boomtown empire of the last decade begins to look like a gilded age, CEO Tim Cook and CFO Peter Oppenheimer maintained a cautious optimism. Cook expressed frustration over Apple’s ongoing stock swoon and noted that 2012’s “exceptional success” makes year-to-year comparisons “difficult.” Other notable numbers from this quarter:37.4 million iPhones sold, up from 35.1 million during Q2 201219.5 million iPads sold, up from 11.8 million a year agoiPad sales more than doubled in China and JapanMac sales contracted, with just under 4 million sold – a slight dip from a year ago5.6 million iPods sold (down from 2012’s numbers), but Apple commands 70% of the MP3 player marketApple made $5.2 billion from retail stores and expects to open 30 new stores this yearThe company holds $144.7 billion in cash (up from $137 billion in December 2012)Still, Apple Is AppleOf course, even at its humblest, Apple couldn’t resist an opportunity to tout iOS as a more secure ecosystem than Android, which has fallen victim to some high profile malware incidents in the last year.As for what’s next — and how the company will continue to grow — Cook cited the strength of Apple’s ecosystem and “exciting new product categories” for the company’s bright outlook. Cook also turned an eye to untapped overseas markets, which could play a major role if the company plans for another growth spurt: “China has an unusual number of potential firsttime smartphone owners,” Cook said. “That’s not lost on us.”Similarly, Cook touted the possibility of “an exciting new product category,” although of course without even hinting at details or a timeframe. So feel free to believe that he meant the iWatch, or an iTV, or, well, iAnything.Apple also boosted its dividend by 15% and announced a new stock buyback program that aims to return $100 billion to shareholders by 2015, in part by taking some existing Apple shares out of circulation to boost stockholders’ holdings.Image courtesy of Apple Tags:#Apple#earnings last_img read more