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By JOYCE M. ROSENBERG AP Business Writer NEW YORK (AP) — When Chris Hyland caught the coronavirus, his ordeal went beyond being sick and exhausted — he couldn't help his business partners manage the virus's impact on their company just as the outbreak was sweeping across the world. Hyland and his wife and children became ill in early March. Customers were cutting back orders at his employee management software business, The Happiness Index. Revenue was plunging and the London-based company was forced to furlough 12 of 20 staffers. Hyland tried to handle the crisis while also taking care of himself […]
The post For business owners with COVID, virus is just one struggle appeared first on Black News Channel.
Nationwide protests have taken place since October 7 despite the disbanding of the controversial Special Anti-Robbery Squad (SARS) police unit.
The demonstrators have been accused of attacking police stations and personnel.
The rallies which are mostly attended by young people have become avenues to vent against corruption and unemployment.
Rights groups say at least 15 people have been killed the demonstrations began in early October.
[allAfrica] As of October 22, the confirmed cases of Covid-19 from 55 African countries have reached 1,676,284. Reported deaths in Africa have reached 40,482, and recoveries 1,376,878. To date, 258,922 cases are active and 15,866,858 tests have been administered.
Condé Might Snag a Third Term
Preliminary results of Guinea's weekend election for four of the country's 38 voting districts released by electoral commission chief Kabinet Cisse late Tuesday showed a strong lead for current president Alpha Condé who is seeking a controversial third term.
Kabinet Cissé, the Electoral Commission Chief, read out the results as follows, \"Professor Alpha Condé, RPG-Arc-en-ciel, votes obtained: 104,450, or 49.13%. Mamadou Cellou Dalein Diallo, UFDG, 85.658, or 40,29%.\"
Voting Fraud?
Meanwhile, the main challenger Cellou Dalein Diallo, who had claimed victory Monday. dismissed it as fraudulent. Celebrations in Conakry of Diallo's self-proclaimed victory quickly descended into violent clashes with security forces, in which several youngsters were shot dead, opposition officials said.
Since his public self-proclaimed victory, Meanwhile in a seeming response to Diallo's self-proclaimed win, security forces dressed in riot gear surrounded Diallo's residence in the capital in what could appear to be the government's response.
Fode Oussou Fofana, vice-president of the UFDG, \" The current state of our counting of more than 80% clearly indicates that our victory in the first round is indisputable.\"
Proper Conduct
The election is said to have been transparent, lawful and properly conducted - as per statements from the African Union's mission head in Guinea and the ECOWAS monitoring mission head National results are expected later this week.
GOLD deliveries to the State-run Fidelity Printers and Refiners (FPR) slowed to 14,76 tonnes during the nine months to September, from 20,64% tonnes delivered to the facility during the same period last year, official data has shown. BY FIDELITY MHLANGA Experts blamed the COVID-19-inspired national lockdown for the slowdown. FPR statistics also showed that large-scale gold mines had overtaken artisanal miners in shipments to the formal gold market after selling 976,66kg of the bullion during the period, compared to 385,47kg from small-scale miners. Authorities had targeted a 35-tonne gold output this year. However, with only two months before year end, analysts yesterday said there were little chances miners will ramp up output to achieve this target. Lack of imported inputs because of the closure of foreign manufacturers and inability by FRP to match prevailing gold prices on the parallel market, are among the factors that will militate against this target, according to experts. Small-scale gold producers funnel most of their output to the parallel market where it fetches higher prices than those prevailing at FPR. Economic analysts also said the decline was unavoidable given that during the initial stages of the lockdown announced by government to limit the impact of COVID-19 in March, FPR struggled to pay producers. “Small-scale and artisanal miners look for alternative parallel market buyers who pay in cash,” economist Victor Bhoroma said. “Small-scale miners want instant gratification. Any procedures that delay payment will be detrimental to deliveries,” he told NewsDay Business. Bhoroma said the decline in gold deliveries would have dire implications to foreign currency inflows to the economy as the bullion contributes significantly to exports. He said without leakages, gold could easily earn the country US$2,5 billion annually. Investment analyst Enock Rukarwa said COVID-19 only added to a crisis that was already affecting domestic trade. “COVID-19-induced restrictions might be igniting dents in deliveries emanating from supply chain disruptions and thin accessibility to markets, but factors like payment delays and parallel market premiums cannot be underestimated,” Rukarwa said. “Gold being the anchor for our export receipts, a bearish sentiment in this sector is disastrous,” he said. The Reserve Bank of Zimbabwe has reviewed its contentious foreign currency retention threshold for gold to 70% from 55%, to improve shipments to the formal market. However, deliveries have not responded positively. The apex bank has also given small-scale gold producers 100% foreign currency retention to plug leakages. The country’s gold export receipts to August declined by 4,9% to US$641,3m, from US$674,4m earned during the comparative period in 2019. Gold and tobacco are the country’s top forex generators, but revenues continue to decline. In 2019, gold export receipts went down 28% to US$946m from US$1,33bn prior year. Tobacco also dropped by 7% to US$846,7m from US$907,8m in 2018.
1. Last Chance: The Second and Final Presidential Debate Tonight What You Need To Know: The second and final Presidential Debate is scheduled to be held tonight on the campus of Belmont University in Nashville, TN. With new changes in place, the 90-minute debate will begin at 9 PM ET/8 PM CT/6 PM PT. 2. […]
Black children of the diaspora are engaging with political problems back home in new ways. In London and Coventry, we have seen protests against Nigerian police brutality and the viral #EndSARS hashtag. More recently, #CongoIsBleeding began trending online as people try to raise awareness.
Adidas Is Reportedly Looking To Sell Reebok
Like Like Love Haha Wow Sad Angry 1 Tweet (ThyBlackMan.com) One of the hallmarks of President Donald J. Trump’s success in the private sector, and now the public sector, is his openness to working together with a diverse group of people to get things done. As a businessman, President Trump worked with the NAACP in […]
Sen. Kamala Harris won't be traveling for the next few days after a couple of staffers associated with her campaign have tested positive for COVID-19.
Suspected Allied Democratic Forces (ADF) rebels freed more than 1,300 prisoners in an assault on a jail in Beni, eastern Democratic Republic Congo.
Only about 100 prisoners after the attack on Kagbayi prison on Tuesday morning.
The ADF are a Ugandan rebel group with bases in eastern Congo.
\"We had a count before the escape of 1,456 (prisoners), 110 (of them) stayed and I thank them for that. Some 20 (escapees) have already returned and I know that others are on their way back. We'll do a tally, and work out how many have come back\", said Modeste Bakwanamaha, the mayor of Beni.
Kagbayi prison is used to hold errant army soldiers and militiamen captured in fighting, including some from the ADF.
Jail breaks are common in Congo where conditions in detention facilities are said to be very bad.
THE UK'S only black (Afro-Caribbean) female professor of Computer Science, Dorothy Monekosso, has been awarded...
The post Barrier-breaking computer science professor awarded Honorary Fellowship of the Chartered Institute for IT appeared first on Voice Online.
San Francisco passed the Caution Against Racially and Exploitative Non-Emergencies (CAREN) Act Tuesday, making racially-based 911 calls illegal.
[IMF] The regional outlook is broadly unchanged since the June 2020 Regional Economic Outlook Update. In 2020, economic activity is expected to contract by 3.0 percent, but then recover by 3.1 percent in 2021. This represents a drop in real per capita income of 4.6 percent over 2020-21, which is larger than in other regions. This outlook is subject to significant downside risks, particularly regarding the path of the pandemic, the resilience of the region's health systems, and the availability of external finan
The Dallas Weekly’s Co-Publisher and CEO, Patrick Washington sits with ACLU and Crystal Mason, an African American woman who was convicted of attempting to cast an illegal vote during the U.S. Presidential election in 2016.
DAWN Properties Limited shareholders on Tuesday approved a historic resolution which will see the company being acquired by hotel group African Sun Limited in exchange for shares in the hotelier. BY Taurai Mangudhla An extraordinary general meeting held in the capital approved two major resolutions, effectively completing the voting process. This was despite reports the deal is under investigation by markets regulator, Security Exchange Commission amid concerns minorities will be prejudiced as shares are being sold below prevailing market rates. In terms of the proposal, the entire issued ordinary shares of Dawn will be acquired in exchange for an issuance of the African Sun Limited ordinary shares listed on the Zimbabwe Stock Exchange through an issuance of one African Sun ordinary share for every 3,988075746 Dawn ordinary shares held, company secretary Markus de Klerk said in a circular on results of the extraordinary general meeting (EGM). “Shareholders are advised that all resolutions put to the vote at the EGM of shareholders of Dawn Properties Limited held on October 19 2020 were passed,” de Klerk said. The first resolution was that the proposed transaction being the offer made by African Sun to acquire up to 1 005 of the issued share capital of Dawn by means of a share swap through the issuance of 616 126 718 new African Sun ordinary shares to Dawn shareholders at a swap ratio of one African Sun ordinary share for every 3,988075946 Dawn ordinary shares. The resolution clearly specified that Dawn shareholders who accept the offer will become shareholders in African Sun and Dawn may become a subsidiary of African Sun. The second resolution was in respect of directors’ authorisation and empowerment to take all steps and actions to give effect to the first ordinary resolution and to implement the transaction including signing all resolutions and agreements for the purpose. Both resolutions sailed through with a 91,11% vote inclusive of Arden Capital Limited’s votes and 86,15% exclusive of Arden Capital Limited’s votes, respectively. Arden Capital, formerly Brainworks, is the majority shareholder in Dawn with just under 52% shareholding. Dawn owns hotels that are being leased by African Sun. African Sun is also controlled by Arden Capital. Dawn recently announced plans to terminate its listing on the Zimbabwe Stock Exchange (ZSE). In a half year results statement for 2020, Dawn said the board received an offer from African Sun Limited to acquire 100% of the issued shares of Dawn in May this year. African Sun has stated that upon completion of this transaction, Dawn will be delisted from the ZSE.
University of Maryland play Jordan McNair died of heat exhaustion in 2018. His parents want to save other student-athletes. By Mark Gray After losing their son to heat exhaustion during summer practice at the University of Maryland in 2018, Marty McNair and Tonya Wilson have dedicated their lives to making sure parents of other student […]
The post VIDEO: McNair Family Talks Safety as College Football Season Opens appeared first on Voice and Viewpoint.
