Standard Bank Malawi Limited 2005 Annual Report

first_imgStandard Bank Malawi Limited ( listed on the Malawi Stock Exchange under the Banking sector has released it’s 2005 annual report.For more information about Standard Bank Malawi Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Standard Bank Malawi Limited ( company page on AfricanFinancials.Document: Standard Bank Malawi Limited (  2005 annual report.Company ProfileThe Standard Bank of Malawi is a financial services institution in Malawi providing products and services for personal and business banking, corporate and investment banking, and Treasury and Capital Management. The company provides a wide range of products; from transactional accounts, electronic banking and short- and long-term savings accounts to vehicle and equipment finance, bancassurance, structured finance, corporate lending and foreign exchange. The Standard Bank of Malawi also provides financial services to the government of Malawi, parastatals, financial institutions and international counterparts. It is a subsidiary of Standard Group in South Africa. The organisation was previously known as the Commercial Bank of Malawi and opened its first branch in Limbe in the Blantyre District in 1970. Today, the financial institution has a national footprint with 19 branches in the major towns and cities of Malawi. Standard Bank of Malawi is listed on the Malawi Stock Exchangelast_img read more

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A concept from physics called negentropy could help your life run…

first_img LEAVE A REPLY Cancel reply 5 steps to minimize energy loss and maximize progressBy Alison Carr-Chellman,, Dean, School of Education and Health Sciences, University of DaytonLife is full of small decisions: Should I pick up that sock on the floor? Should I do the dishes before bed? What about fixing the leaky faucet in the bathroom?Leaving a sock on the ground is a manifestation of a concept from physics you may have heard of: entropy. Entropy is a measure of how much energy is lost in a system. If a system loses too much energy, it will disintegrate into chaos. It takes only a little bit of energy to pick up one sock. But if you don’t take care of your yard, let pipes stay clogged and never fix electrical problems, it all adds up to a chaotic home that would take a lot of energy to fix. And that chaos will leach away your time and ability to accomplish other things.The good news is that entropy has an opposite – negentropy. As a researcher who studies social systems, I have found that thinking in terms of negentropy and energy can help you fight against entropy and chaos in daily life.Small bits of entropy can pile up into big problems that take a lot of energy to fix. Carlos Ciudad Photography/Moment via Getty ImagesMinimize energy loss, maximize progressIn both physics and social systems, energy can be defined as the capacity or ability to do work. For more than two decades, I have studied social systems in schools, community dialogues, universities, corporations and nonprofit organizations. During that time I’ve observed that energy losses are a constant – for example, meetings of four people to plan meetings for seven people, or everyone’s worst nightmare, meetings that could have been accomplished through email. These small frustrations can even build to a point where good employees start quitting.After thinking about energy for so long, I began to wonder – as others have – whether applying physics concepts to social systems could help them run better.Over the past four years, my colleagues and I developed a theory of negentropy and, using interviews and case studies, have studied how energy is lost or gained in many types of systems – including in higher education, leadership for online education, workplace organizations and online learning settings.Our work suggests that when people keep the idea of negentropy in mind and take actions that limit or reverse energy loss, social systems are more efficient and effective. This might even make it easier for people to achieve larger goals. In other words, yes, you should pick up that sock, and yes, you should improve your meetings, and doing so may allow you to see other ways to avoid future energy losses.Energy loss in your daily life is just like heat leaking out of a badly sealed house.Passivhaus Institut, CC BY-SA5 steps for negentropic successFrom my colleagues’ and my research into negentropy, we have come up with five steps to reverse energy loss in in daily life.1: Find the entropy.Identify places where energy is lost in the social systems in your daily life. It’s helpful to think of it like a thermal map of the outside of your house that highlights where heat – or energy – is lost. A badly sealed window leaks heat energy. A poorly organized kitchen makes things hard to find. A badly designed new employee onboarding system can lead to serious legal problems later.2: Prioritize the losses.Identify the largest or most annoying losses and those that draw your attention most often. For example, perhaps that leaky kitchen faucet drives you crazy. Fixing it might make room in your mind to consider other improvements to your kitchen that would make it more functional.3: Come up with a plan.Identify actions that will reverse the energy losses you noted and plan ways to address the highest priorities first. You could start by fixing the leaky faucet or picking up your socks; if pre-pre-planning meetings are causing your organization a lot of trouble, analyze the problem and figure out how to fix it.4: Try it out and pay attention.Put the ideas into action, but stay focused on energy gains and losses. As you try to implement negentropic ideas, keep track of what works, how much effort it took and ideas you come up with for future negentropic actions.5: Go beyond fixing and maintenance.As you work to reverse energy losses, you may find that at times you are actually maintaining a social system that isn’t beneficial no matter how smoothly it works. Spending time improving an orientation to introduce new workers to a company culture may not be very useful if the culture itself needs to change. The best way to apply the idea of negentropy to social systems is to not only improve the small processes, but also look at the big picture and see if the status quo itself promotes energy loss.Seeing things through a negentropic lens won’t solve a bad relationship or help you love a job you hate – those are complicated issues. However, if you begin to notice where energy is lost in your life, it will be easier to prioritize and act in ways that can improve the social systems around you.This article is republished from The Conversation under a Creative Commons license. You have entered an incorrect email address! Please enter your email address here The Anatomy of Fear Please enter your comment! TAGS5 TipsChaosDaily LivingEnergyEntropyGainsLifeLossesNegentropyPhysicsResearchSocial SystemsThe Conversation Previous articleIf God had all the information…Next articleEverything coming to Hulu in April Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name herecenter_img Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Save my name, email, and website in this browser for the next time I comment. Support conservation and fish with NEW Florida specialty license plate Entropy is the process of losing energy and this can apply to physics and social systems alike. JamesBrey/iStock via Getty Images Share on Facebook Tweet on Twitterlast_img read more

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Arts Council relaunches Private investment in Culture survey

first_imgArts Council relaunches Private investment in Culture survey Tagged with: arts Arts Council England research  75 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 Melanie May | 12 April 2016 | News Advertisement  74 total views,  1 views today 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 The Arts Council is calling for England’s arts and culture organisations to take part in its relaunched Private Investment in Culture survey.The survey was the main source of information on how the private sector engaged with the arts and culture sector for 30 years but was discontinued following the 2011/12 survey. It collected information on business investment, individual giving and income from trust and foundations.The Arts Council is relaunching it this year in recognition of he growing importance of private philanthropy within the arts and culture sector and the lack of high quality data on the subject.The findings are expected to generate valuable insights that will help arts and culture organisations optimise their approach to private fundraising, as well as providing guidance for funders and donors looking to shape policy and invest in the sector.The Council is inviting all arts and culture organisations based in England to take part in the survey. Participants should be senior managers with responsibility for development, fundraising, finance and/or operations, who have access to financial data on fundraising and who can answer on behalf of their organisation.All respondents will receive an advance copy of a detailed report, allowing them to benchmark their organisation against their peers, and will also be entered into a prize draw to win one of five £200 Amazon gift vouchers.The survey is being managed by MTM on behalf of Arts Council England. More information and a link to the survey is available on the Arts Council’s site.last_img read more

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Statement of President Raúl Castro

first_imgPhoto: www.cubaminrex.cuThe Cuban government released the following statement by President Raúl Castro on Dec. 17.Since my election as President of the State Council and Council of Ministers I have reiterated on many occasions our willingness to hold a respectful dialogue with the United States on the basis of sovereign equality, in order to deal reciprocally with a wide variety of topics without detriment to the national independence and self-determination of our people.This stance was conveyed to the U.S. government both publicly and privately by Comrade Fidel on several occasions during our long-standing struggle, stating the willingness to discuss and solve our differences without renouncing any of our principles.The heroic Cuban people, in the wake of serious dangers, aggressions, adversities and sacrifices, have proven to be faithful and will continue to be faithful to our ideals of independence and social justice. Strongly united throughout these 56 years of Revolution, we have kept our unswerving loyalty to those who died in defense of our principles since the beginning of our independence wars in 1868.Today, despite the difficulties, we have embarked on the task of updating our economic model in order to build a prosperous and sustainable Socialism.As a result of a dialogue at the highest level, which included a phone conversation I had yesterday with President Obama, we have been able to make headway in the solution of some topics of mutual interest for both nations.As Fidel promised on June 2001, when he said, “They shall return!” Gerardo, Ramón and Antonio have arrived today to our homeland.The enormous joy of their families and of all our people, who have relentlessly fought for this goal, is shared by hundreds of solidarity committees and groups, governments, parliaments, organizations, institutions and personalities, who for the last 16 years have made tireless efforts demanding their release. We convey our deepest gratitude and commitment to all of them.President Obama’s decision deserves the respect and acknowledgement of our people.I wish to thank and acknowledge the support of the Vatican, most particularly the support of Pope Francisco, in the efforts for improving relations between Cuba and the United States. I also want to thank the government of Canada for facilitating the high-level dialogue between the two countries.In turn, we have decided to release and send back to the United States a spy of Cuban origin who was working for that nation.On the other hand, and for humanitarian reasons, today we have also sent the American citizen Alan Gross back to his country.Unilaterally, as has always been our practice, and in strict compliance with the provisions of our legal system, the concerned prisoners have received legal benefits, including the release of those persons that the government of the United States had conveyed their interest in.We have also agreed to renew diplomatic relations.This in no way means that the heart of the matter has been solved. The economic, commercial and financial blockade, which causes enormous human and economic damages to our country, must cease.Though the blockade has been codified into law, the President of the United States has the executive authority to modify its implementation.We propose to the government of the United States the adoption of mutual steps to improve the bilateral atmosphere and advance towards normalization of relations between our two countries, based on the principles of International Law and the United Nations Charter.Cuba reiterates its willingness to cooperate in multilateral bodies, such as the United Nations.While acknowledging our profound differences, particularly on issues related to national sovereignty, democracy, human rights and foreign policy, I reaffirm our willingness to dialogue on all these issues.I call upon the government of the United States to remove the obstacles hindering or restricting ties between peoples, families and citizens of both countries, particularly restrictions on travelling, direct post services and telecommunications.The progress made in our exchanges proves that it is possible to find solutions to many problems.As we have reiterated, we must learn the art of coexisting with our differences in a civilized manner.We will continue talking about these important issues at a later date.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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‘No human being is illegal’

first_imgThe Haiti Action Committee held a rally in San Francisco on June 24 at the United Nations Plaza to protest the mass expulsions of Haitians by the Dominican Republic. Pierre LaBossiere of the HAC spoke about how second and third generation Dominicans who are classified as Haitian have been stripped of citizenship and declared “migrants.” Other speakers decried how vigilante mobs and legal authorities alike are pushing people out of their homes and taking their property. Anyone who is Black and under the age of 85 may be classified as Haitian, even if they were born in the DR and have no ties to Haiti. They are being expelled from the country and made stateless.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img

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RSF calls for release of photographer arrested after appeal court ruling

first_img News News RSF_en News Receive email alerts February 3, 2016 – Updated on March 8, 2016 RSF calls for release of photographer arrested after appeal court ruling June 15, 2020 Find out more to go further Help by sharing this information Follow the news on Bahrain October 14, 2020 Find out more Tenth anniversary of Bahraini blogger’s arrest German spyware company FinFisher searched by public prosecutors Coronavirus “information heroes” – journalism that saves lives March 17, 2021 Find out more News The sentence was originally imposed nearly a year ago, on 17 February 2015, when Fardan was convicted of “trying to participate in an illegal demonstration,” a charge brought against him following his arrest in December 2013. RSF regards today’s appeal court decision and arrest as arbitrary and demands his immediate and unconditional release.“We also call on the Bahraini authorities to stop such practices, which are designed to intimidate independent journalists, and to free all journalists held on trumped-up charges,” said Alexandra El Khazen, the head of RSF’s Middle East desk. “Journalists in Bahrain are persecuted by the regime.”Fardan’s lawyer, Mohamed Mehdi, told RSF that his client was shocked by the appeal court’s decision, especially as he recently married and has been working for the past year for Gulf Daily News, a local paper. Mehdi has decided to ask for the sentence to be commuted to community service or a fine.Fardan worked for the Nurphoto, Demotex and Sipa photo agencies when he was arrested at his home in Abu Saiba, in western Manama, at 3 a.m. on 26 December 2013 and, according to the information obtained by RSF, was beaten at the time of his arrest. He was freed two weeks later on bail of 100 dinars (245 euros) pending trial.That was not his first run-in with the authorities. He had already been arrested in a café in August 2013 for covering demonstrations in Manama. On that occasion, he was released after a few hours.A total of 12 professional and non-professional journalists are currently detained in Bahrain, which is ranked 163rd out of 180 countries in the 2015 Reporters Without Borders press freedom index. BahrainMiddle East – North Africa BahrainMiddle East – North Africa Organisation Reporters Without Borders (RSF) condemns a Manama appeal court decision today upholding internationally-known photographer Ahmed Al Fardan’s three-month jail sentence and his arrest after the hearing to begin serving the sentence.last_img read more

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Freddie Mac’s STACR Program Receives Prestigious RMBS Award

first_img  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Secondary Market Freddie Mac’s STACR Program Receives Prestigious RMBS Award Demand Propels Home Prices Upward 2 days ago June 12, 2015 1,109 Views Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. The Best Markets For Residential Property Investors 2 days ago Tagged with: Freddie Mac Risk Transfer RMBS STACR Program Structured Agency Credit Risk The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Share Savecenter_img Previous: Presidential Candidates Urged to Address Housing Crisis on Campaign Trail Next: HUD Secretary Castro Says There Is Some ‘Agreement’ Between Parties on Housing Reform Freddie Mac Risk Transfer RMBS STACR Program Structured Agency Credit Risk 2015-06-12 Brian Honea Financial news and data service GlobalCapital has named Freddie Mac’s Structured Agency Credit Risk (STACR) offerings the RMBS Deal of the Year, according to an announcement from Freddie Mac.The RMBS Deal of the Year award is one of the premier capital markets awards recognizing issuers, investors, banks, and law firms that push securitization and help rapidly changing markets move forward, according to Freddie Mac. This was the second major award Freddie Mac’s STACR offerings have received in the last two years; last year, GlobalCapital’s parent company, Euromoney, honored STACR with the Global Structured Deal of the Year Award.”We are proud of our role in leading market innovations that return value to the nation and move housing forward,” said Kevin Palmer, VP of Credit Risk Transfer at Freddie Mac. “We created a new asset class with STACR that has brought a significant amount of private capital into the mortgage market and demonstrated the viability of multiple types of risk transfer transactions involving single-family mortgages.”Freddie Mac began the STACR program in the second half of 2013 as part of the Enterprise’s goal of reducing risk to taxpayers by increasing private capital’s role in the mortgage market. According to Freddie Mac, the GSE was the first agency to market credit risk transfer transactions with STACR and Agency Credit Insurance Structure and now features an investor base that includes more than 160 unique investors. The demand for STACR transactions has been growing steadily since the first one in 2013, and the recent STACR offerings were the first of their kind to sell first loss and actual loss risk, according to Freddie Mac.The STACR offering in late May priced at $425.6 million was Freddie Mac’s fourth this year and 13th overall. Freddie Mac has laid off a substantial portion of credit risk for more than $280 billion in unpaid balances on single-family mortgages through STACR transactions, according to the GSE. The enterprise has issued $10 billion in STACR bonds to date, representing reference pools of $292.6 billion through 13 issuances. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Freddie Mac’s STACR Program Receives Prestigious RMBS Award Sign up for DS News Daily Subscribelast_img read more

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PSNI renew appeal for information relating to fatal collision

first_imgPolice have renewed their appeal for any information following a fatal single vehicle collision on the Feeny Road in Dungiven on Sunday morning past.The 19 year old driver of a black Volkswagen Golf died after his car left the road at around 3:30am.Constable McNee of the Collision Investigation Unit said they are particularly keen to hear from witnesses or anyone who saw the deceased’s Golf travelling on the Feeny Road prior to the crash and anyone who may have stopped at the scene after this. Previous articleIrish Water announce €1 million upgrade of Glenties Water Treatment PlantNext articleNewtownstewart bar targeted by thieves for third time News Highland Twitter Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA Facebook PSNI renew appeal for information relating to fatal collision Important message for people attending LUH’s INR clinic WhatsApp Nine til Noon Show – Listen back to Monday’s Programme Google+ Facebookcenter_img DL Debate – 24/05/21 RELATED ARTICLESMORE FROM AUTHOR Pinterest News, Sport and Obituaries on Monday May 24th By News Highland – May 8, 2018 Homepage BannerNews WhatsApp Arranmore progress and potential flagged as population grows Twitter Google+last_img read more

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Pharmacist under investigation for alleged PPE hoarding, price-gouging: Warrant

first_imgKameleon007/iStock(NEW YORK) — A New York pharmacist is under federal investigation for allegedly price-gouging N95 masks during the coronavirus pandemic, according to a federal search warrant.Homeland Security Investigations (HSI) agents and New York Police Department detectives recently seized 6,500 N95 masks from Richard Schirripa’s Madison Avenue and Long Island residences. Schirripa had been selling N95 respirator masks, an in-demand piece of personal protective equipment, at a markup, according to court records.The U.S. has the highest number of COVID-19 cases worldwide, with more than 577,000 people testing positive. As hospitals across the country battle supply shortages, the Department of Health and Human Services has targeted the hoarding of the scarce PPE, and HSI has been scouring the internet for evidence of price gouging.According to a search warrant document, a tipster called HSI earlier this month with information “that Richard Schirripa was allegedly selling bulk PPE at inflated prices throughout the New York area.”In a recorded phone call with an undercover HSI agent, the pharmacist allegedly boasted of his mask supply and the inflated price he could charge.“The masks I have, I bought prior to the outbreak in the U.S. When it hit China, I went out to get large quantities and unfortunately I paid very high for them, but you know something, when you have something no one else has, it’s not a high price,” Schirripa allegedly told the agent, according to the search warrant application. “I used to sell a box of these for like $20, now it’s like $15 a mask.”NYPD detectives and federal agents began surveillance and witnessed “Schirripa engage in hand-to-hand transactions consistent with his repeated bulk sale of PPE, including masks” over two days last week, according to the search warrant application.On April 9, the undercover agent met Schirripa, who allegedly sold him 15 boxes of N95 commercial-grade masks and one box of N95 surgical-grade masks for nearly $2,700, according to court records.Agents and federal prosecutors are reviewing the evidence to see what, if any, charges would be filed.Schirripa was unable to be reached for comment.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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Precision Pipeline selected by TC Energy to help construct Keystone XL

first_imgPPL will be responsible for hiring an estimated 1,600 union workers over the two-year construction period Precision Pipeline selected to help construct Keystone XL project. (Credit: Michal Jarmoluk from Pixabay) Precision Pipeline (PPL) a MasTec company, has been awarded a contract from TC Energy Corporation (“TC Energy”) for the construction of the Keystone XL Pipeline in Montana and South Dakota.“We are extremely proud to put PPL employees and more than 1,600 American union members to work on completing this important infrastructure project, which will also provide a boost to local economies along the project route,” says Bobby Poteete, President of PPL. “As a Wisconsin business, we’re proud to be awarded such a large contract for a significant North American infrastructure project and we look forward to working with TC Energy, local communities and businesses to bring Keystone XL to life.”“We are proud to be associated with such a well-thought-out project that has evolved into being inclusive to all its constituents. With a significant equity investment by the Indigenous communities and a commitment to construct the project with an all-union workforce in the U.S., Keystone XL is a critical infrastructure project that has evolved significantly over the last few years. Today, Keystone XL is one of the most diversified infrastructure projects in this country,” says José R. Mas, Chief Executive Officer of MasTec, Inc.PPL will be responsible for hiring an estimated 1,600 union workers over the two-year construction period. “We are committed to hiring locally and giving priority to qualified local and Indigenous businesses, and strive to be a leader in promoting opportunities,” says Michael Hyke, Vice President of Midwest Operations at PPL.According to TC Energy, in addition to job creation, the Keystone XL Pipeline Project is expected to contribute $55 million in annual property tax revenues, with millions in economic benefits going directly to education and essential community services alone. PPL is 100% committed to safety, the communities it works in and to being part of something bigger than the project. “With added focus on improving the health and safety of our environment, our people and overall well-being of the communities we work in, we truly make a difference during the construction of each infrastructure project and beyond,” adds Poteete. Source: Company Press Releaselast_img read more

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