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Could Ethical Capital Exist?
Former Ivorian CEO of Credit Suisse, Tidjane Thiam, has joined the Council for an Inclusive Capitalism — a US organisation which brings together some 20 world business leaders and advocates for a virtuous vision of the market economy and is officially in partnership with the Vatican as of Tuesday’s announcement. Tidjane is among a group of investors and leaders of major global corporations — often referred to by some as "gatekeepers," who are supposedly committed to "reforming capitalism for the good of humanity" and who want to promote the private sector's drive to make capitalism operate more in line with justice, inclusion and sustainable development.
These leaders — who represent more than 10.5 trillion USD in assets under management, are scheduled to meet annually with Pope Francis and Ghanaian Cardinal Peter Turkson.
Turkson is one of two African cardinals expected to succeed Benedict XVI in 2013 and become the first "black pope" in history.
Critics have called it a stunt to invite sympathy. Yet Amuriat says campaigning without shoes is a protest and that those who do not get its symbolism are missing a point.
Uganda is due to hold a general election on January 14. Amuriat and another opposition candidate, Bobi Wine have had their rallies violently dispersed by security forces or been arrested.
In mid-November, scores of people were killed as security forces attempted to quell protests against the arrest and detention of Bobi Wine.
Police has accused the candidates of addressing huge gatherings in contravention of regulations on COVID-19 prevention.
Swollen feet
In an interview with one of the dailies in Uganda, Amuriat said his feet hurt a lot and has to pour cold water on them in between campaign stops for some relief.
Doctors have cautioned him on the potential danger of contracting tetanus from cuts to his feet.
Yet Amuriat remains adamant. He says by refusing to wear shoes, he’s standing in solidarity with people whose wealth and opportunities have been stolen by the country’s longtime ruler Yoweri Museveni.
JUST IN: FDC presidential candidate Patrick Amuriat has been arrested at the border of Rubirizi and Bushenyi districts. The reason for his arrest is yet to be known📹 @MukhayeD#MonitorUpdates#UGDecides2021 pic.twitter.com/xopK4FMoD0
— Daily Monitor (@DailyMonitor) December 4, 2020
Museveni, in power since 1986 is seeking a new term. In 2017, he changed the constitution to remove age limits that would have stopped him from seeking re-election.
FDC is Uganda’s largest opposition party. In 3 previous elections, the party fronted veteran activist and retired army colonel Kizza Besigye for president.
Rashida Jones, a cable news industry veteran, will be MSNBC's next president, NBCUniversal News Group Chair Cesar Conde said Monday.
VICE-PRESIDENT Constantine Chiwenga has been left with egg on the face after the High Court gave nurses a green light to continue working flexible hours which the VP in his capacity as the Health minister had banned. BY RICHARD MUPONDE Chiwenga, through the Health secretary Jasper Chimedza on October 19 directed provincial medical directors to resume normal working hours for all nurses, saying the flexi working hours were creating artificial staff shortages. However nurses objected to the decision by the Health ministry to scrap the flexible working hour system so that they could work for 40 hours a week. In his judgement last Friday Justice Happias Zhou in case number HC7099/20 ruled that the nurses could continue working flexible hours despite the noting of an appeal by government against the initial judgment by Justice Mafusire of November 20, which reversed the termination of flexible hours by Chiwenga. “It is hereby ordered that the application be, and is hereby granted and notwithstanding the noting of an appeal against the judgment of this Honourable Court dated 20 November, 2020 under Reference Case No. HC6507/2020, that the 1st to 3rd respondents remain barred from implementing the directive by the 3rd respondents on the 19th of October 2020,” Zhou ruled. The Zimbabwe Nurses Association (ZINA) led by their president Enock Dongo on November 8, approached the High Court seeking to bar Chiwenga from implementing his directive. Justice Mafusire ruled in their favour, but Chiwenga appealed the decision and at the same time he also ordered the nurses to go back to work. ZINA then approached the court seeking an order to allow the nurses to continue working flexible hours as their appeal was being heard. On October 21, ZINA wrote a letter to Chimedza objecting to the order, and accusing the Health Ministry secretary of making unilateral decisions. The nurses argued that the flexible working hour system was a product of agreement within the Health Service Bipartite Negotiating Panel (HSBNP) and said that the ministry's circular ran contrary to the other communication they received on May 11, 2020, where it was put clearly that the flexible hour system would remain in place because it reduced exposure to COVID-19. Flexi-hours were introduced in November last year following an agreement between nurses and government to cushion the financially incapacitated nurses who could not afford to come to work every day because of poor salaries.
Temple says he thinks he might have been exposed to the virus after spending time with family in Louisiana.
As citizens in Ghana picked the country's next president this week, Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, recalled the impact of former President Jerry Rawlings, who died on Nov. 12 at the age of 73.
Stopping the Exploitation of Prisoners and Their Families Requires More Comprehensive SolutionsBy Dr. Benjamin F. Chavis Jr. 2020 brought renewed global focus to issues of social justice in America. From the racial disparities and inequities highlighted by the COVID-19 pandemic to the killings of George Floyd and so many other Black and Brown Americans at […]
The post Stop the exploitation of prisoners and their families appeared first on Atlanta Tribune.
PANIC has gripped the ruling Zanu PF party after two senior party officials on Sunday tested positive for COVID-19 with confirmed cases likely to go up as results of mass tests done recently continue to pour in. BY MOSES MATENGA Zanu PF secretary for administration Obert Mpofu and the party’s director for Information Tafadzwa Mugwadi are now in isolation at home together with affected members of their respective families. The Zanu PF COVID-19 scare comes as Zimbabwe has recorded 291 deaths with 10 of them having been recorded on Saturday only. Ministry of Health and Child Care COVID-19 statistics yesterday showed that there are 10 718 cases of the virus that have been recorded throughout the country. However, the country has also recorded 8 880 recoveries. The party’s secretary for Health David Parirenyatwa yesterday told NewsDay in an interview that the party was now on high alert, adding that all measures were being put in place to curb the further spread of the deadly virus at their headquarters situated in Harare, which also houses a number of party bigwigs and staff. The Zanu PF headquarters also plays host to several party meetings. “What we did last time was to screen people and the results are coming in batches and all those who have been found to be positive have been asked to go into self-isolation and to come back after the prescribed date,” Parirenyatwa said without confirming the actual number of those affected. “When we started the COVID-19 tests as a party, the first batch had five cases but that was about two months ago. So we are now going symptomatically and we check on anyone who would have developed the symptoms. The first time, we did a mass test but now we are following the national policy and that is what we are doing,” he said. Parirenyatwa said the party was putting on a lot of measures to reduce the spread of the virus that has already claimed millions of lives internationally. “We are putting a lot of measures now; we screen people at the gate, we do temperature checks and all the normal routine. We are intensifying that and even in our lifts, we have put COVID-19 measures, and as people get into other offices we make sure prevention protocols are observed,” he said. Mugwadi yesterday took to microblogging site Twitter to announce that he was self-isolating at home and is adhering to all medical tips to suppress the virus. “I will adhere to every medical tip as I battle this pandemic with my family,” Mugwadi wrote on his social media account. Acting Zanu PF spokesperson Patrick Chinamasa was not immediately available to comment on the matter. However, workers at the ruling party headquarters who spoke on condition of anonymity said there were fears that quite a number of people at the party offices could have contracted COVID-19. Most of the officials work from the building and were feared to have been in close contact with the infected. To make matters worse, they were currently reportedly deployed across the country for the party district co-ordinating committee (DCC) elections, whereas a
South Africa’s gross domestic product saw an expected surge in growth between July and September this year. The country’s annual figures rose by 66.1 percent after the Covid-19 restrictions were uplifted.
The economy had in the prior three months recorded a contraction of 51 percent during the nationwide lockwide.
The Africa’s most industrious economy was in a major recession even before the pandemic hit and later on proceeded to a further contraction.
Compared with the same period a year earlier, GDP shrank by 6% in the third quarter after a revised 17.5% contraction in Q2.
This major growth was mainly recorded from manufacturing, trade, and mining.
However, the recovery remains vulnerable, with power shortages and slow structural reforms likely to weigh on sentiment.
Unemployment also remains low at 30 percent yet it needs 5 percent economic growth to guarantee jobs. But the current projected growth rate is expected to be -8 percent.
President-elect Joe Biden has chosen retired General Lloyd Austin, who oversaw U.S. forces in the Middle East under President Barack Obama, to be his defense secretary. Austin, who would be the first Black U.S. secretary of defense, was a surprise pick over Michele Flournoy, a former top Defense Department official who was considered the leading contender for the job. Flournoy would have been the first woman defense secretary. The news was first reported by Politico.
#BlackGirlMagic will soon be coming to The Atlantic’s board of directors. The media platform is joining the ranks of companies such as Netflix, Uber, and AT&T who have recently added […]
The post Former ESSENCE CEO Michelle Ebanks Joins The Atlantic’s Board Of Directors appeared first on Essence.
The Cuban government freed U.S. aid contractor Alan Gross, who had been in captivity for five years, on Dec. 17, 2014. Gross had been sentenced to 15 years in prison in 2011 after his effort to create a way to communicate outside of the Cuban governments control. The government cited humanitarian grounds as the reason for Gross release.
In response to the prisoner release, U.S. President Barack Obama announced that the U.S. would resume full diplomatic relations with Cuba, which includes opening an embassy in Havana. There hasnt been any diplomatic relations between the U.S. and Cuba since 1961. The prisoner release was part of a deal negotiated in secret over 18 months. Canada hosted most of the talks that led to the deal. Pope Francis also hosted a meeting at the Vatican to help with negotiations between the two countries.
Talks began in early 2015 between the two countries over how to restore diplomatic relations after five decades. Both sides made demands ahead of the talks. Cuba asked the U.S. to remove its name from a list of states that sponsor terrorism. The U.S. insisted that its diplomats should be allowed to work freely and meet with dissidents in Cuba. A second round of talks was scheduled for late Feb. to hammer out these issues and more. Meanwhile, reaction to the resumed relations with the U.S. has been mixed in Cuba. Some praised the move while others were skeptical.
With diplomatic relations restored, the ban for Americans traveling to Cuba was lifted. Before Dec. 2014, Americans could only travel to Cuba with permission from the U.S. State Department. After Dec. 2014, tourists from the U.S. still had to go as part of a religious, educational, and cultural group, but the travel ban being lifted made it easier in other ways for Americans visiting Cuba. Internet access, an embassy, and the use of credit cards were soon available for the first time to assist Americans while in Cuba. Also, the U.S. government began allowing Americans to bring small quantities of items back from Cuba, including
The City of Cape Cape Town will be closely eyeing liquor outlets this festive season, as alcohol-related trauma incidents could place an unnecessary burden on the city's hospitals amid the Covid-19 pandemic.
Press Release - On 1 December every year, the global community comes together to mark World AIDS Day to show support for people living with HIV and to remember those who have lost their lives to AIDS.
MSNBC has announced its plan to shake up the network in a significant way. WSJ reports that Rashida Jones, the... View Article
The post Rashida Jones to succeed Phil Griffin as President at MSNBC appeared first on TheGrio.
Pope Francis called for dialogue between Egypt, Ethiopia and Sudan on Saturday, urging them not to let a dispute over a dam on the Nile lead to conflict.
Catholic cardinal Wilton Gregory said Pope Francis' appointment is an affirmation of the heritage of Black Catholics.
[Monitor] Budaka District in Bukedi Sub-region has registered about 5,016 gender-based violence (GBV) cases in a less than nine months.
Saint Peter's Basilica throws its doors open to visitors on Monday, marking a relative return to normality at the Vatican and beyond in Italy, where most business activity is set to resume.
Italy's lockdown not only extinguished most business activity in the country, but radically disrupted Italians' personal lives, including attending mass.
The Argentine pontiff is not yet expected to lead any public religious ceremonies either in the basilica, which can accommodate 60,000 people, or in Saint Peter's Square, as the Vatican seeks to avoid crowds.
Across Italy's tens of thousands of churches, Catholics will be able to attend not only masses but also weddings and funerals, provided they abide by a series of measures, including wearing masks and sitting or standing well spaced apart.
More than 800,000 commercial activities which have been under lockdown since Prime Minister Giuseppe Conte imposed restrictions on March 9 should be able to reopen on Monday, said Confcommercio, Italy's largest business association.
Rudy Giuliani, President Donald Trump's personal attorney and the face of his longshot legal challenges to overturn the presidential election results, has been hospitalized after testing positive for Covid-19. The 76-year-old former New York mayor was admitted to Georgetown University Hospital on Sunday, a source familiar with the matter confirmed to CNN. Giuliani appeared to confirm his positive diagnosis, hours […]
