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The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings due to worries their fast-growing financing products are harming consumers, the agency said on Thursday. The watchdog, which does not currently oversee BNPL companies or products, will issue guidance or a rule to align sector standards […]
The post U.S. consumer watchdog plans to regulate ‘buy-now, pay-later’ companies appeared first on The Black Chronicle.
\t On Friday, internet and international calls were cut off across the West African nation in anticipation of the election results, according to locals and international observers in the capital, Conakry.
\t This was the third time that Conde matched-up against Diallo. Before the election, observers raised concerns that an electoral dispute could reignite ethnic tensions between Guinea's largest ethnic groups.
Nigeria's top police official on Saturday ordered the immediate mobilization of all officers to ``reclaim the public space from criminal elements masquerading as protesters'' after days of peaceful demonstrations over police abuses and then violent unrest that left at least 69 people dead.
\t The police order could further heighten tensions in Africa's most populous country after its worst turmoil in years. Nigeria's inspector general of police, M.A. Adamu, ordered colleagues to ``dominate the public space'' while announcing that enough is enough, a statement said.
\t Nigerians on Tuesday evening watched in horror as soldiers fired on a peaceful crowd of mostly youthful demonstrators singing the national anthem in the country's largest city, Lagos, with Amnesty International reporting at least 12 killed.
\t Some dismayed Nigerians then criticized President Muhammadu Buhari for not mentioning the killings and instead warning citizens against ``undermining national security.''
On Saturday, Nigerians living in the United Kingdom marched through London to condemn the shooting of people protesting police brutality. Demonstrations have also been in the US and South Africa.
The government has insisted that the protests, while well-intentioned, were hijacked by thugs who looted and burned vehicles and businesses in the two days after the soldiers opened fire.
\t Buhari has said 51 civilians were killed, along with 11 police officers and seven soldiers.
\t The scenes in Nigeria have struck a chord with the Black Lives Matter movement in the United States, and the shootings by soldiers sparked immediate international condemnation.
\t By not taking action against security forces, some Nigerians have warned, the president could inspire further abuses.
Some business owners took advantage of the relative calm to open. Others were out to inspect the damage to their premises.
\t The new police order came even as a 24-hour curfew loosened for the first time Saturday in Lagos, a city of some 20 million where glittering wealth and grinding poverty are in sharp contrast, inflaming grievances over inequality and corruption.
\t The police inspector general ``enjoins law-abiding citizens not to panic but rather join forces with police ... to protect their communities from the criminal elements,'' the statement said.
\t Elsewhere in Lagos, some youth took to the streets again Saturday, but this time to clean up some of the debris after the turmoil. Charred vehicles remained in some parts of the city.
\t ``Alot of harm has happened to people's business and our heart goes out to them,'' said one volunteer, Monica Dede.
\t As for the way forward in Nigeria, she said, ``we will still be heard, we will not be shut up, we will definitely push for what we believe in as the youths of Nigeria. We are part of the system, we are part of this governance.''
By Stacy M. Brown, NNPA Newswire Senior National Correspondent @StacyBrownMedia The lines are long, but Black voters are demonstrating their will to vote. In Texas, Georgia, Virginia, North Carolina, and Indiana, African Americans’ resiliency and resolve have never been as severely tested. They have gone to great lengths to overcome voter suppression, discouragement, misinformation, gerrymandering, […]
The post Voter Suppression Tactics and Long Lines Fail to Quell Resolve of Black Voters appeared first on Afro.
AS the pandemic drags on, following COVID-19 prevention guidelines can feel more and more challenging.This kind of fatigue is not unique to pandemic precautions like sticking with social distancing, masking up and keeping your hands washed. With all kinds of health-related behaviour changes - including increasing physical activity, eating healthy and decreasing tobacco use - at least half of people relapse within six months.
For 62-year-old shopkeeper June Findlay, the COVID-19 crisis can’t end soon enough, not because of the toll it has taken on her business, but due to the toll it’s taking on her. “I’m fed up of it,” Findlay, of Montego Bay, St James, told The Sunday...
PRESIDENT Emmerson Mnangagwa’s son, Tarirai David Mnangagwa, was allegedly duped of US$4 million after he was booted out a company which he co-funded. BY DESMOND CHINGARANDE The directors of Hozheri Stone Crushers Private Limited have already appeared in court where they were granted $20 000 bail each by Harare magistrate Judith Taruvinga, who remanded them to November 27. The accused, Elizabert Mushiringi, Chad Cecil Mupandanyama and Alec Mawere, who were represented by Tatenda Ndhlovu and Reginald Chidawanyika, were charged with fraud. Allegations are that on September 29, 2017 Mushiringi and Mupandanyama registered a company called Wozheri Stone Crushers Private Limited with the Registrar of Companies under number 8640/2017. According to their memorandum of association, Mnangagwa was a major shareholder with a 60% stake, Mushiringi had 5% while 15% were controlled by Mupandanyama. It is alleged Mushiringi and Mupandanyama owned 40% on registration, but only took 20% indicating they would allot the remaining shares later. Since the formation of the company in 2017, Mnangagwa took on his role of financier and was tasked to scout for other investors. It is the State’s case that on July 2, 2018, Mushiringi and Mupandanyama after realising that Mnangagwa had brought in viable investment in the company, allegedly connived to boot him out of the company. The State alleges Mushiringi and Mupandanyama allegedly fraudulently removed Mnangagwa from the directorship and replaced him with Mawere and updated the records at the Registrar of Companies. It is alleged when the complainant was removed, he was never told of the development and he continued rendering services to the company. On October 10 this year, during the verification of account opening at CBZ Bank, the complainant got to know that the accused persons had used fake company documents to resign him from the company, which then prompted him to report the matter to the police. Armed with a warrant of search, detectives from Commercial Crimes Division proceeded to Gweru and seized the company documents used in the commission of the offence. The State alleges Mnangagwa suffered a prejudice of US$4 million of the investment due to the accused person’s misrepresentation.
By Associated Press Undefined STEPANAKERT, Nagorno-Karabakh (AP) — Rocket and artillery barrage hit residential areas in Nagorno-Karabakh on Saturday hours after the United States hosted top diplomats from Armenia and Azerbaijan for talks on settling their decades-long conflict over the region. The heavy shelling forced residents of Stepanakert, the regional capital of Nagorno-Karabakh, into shelters, as emergency teams rushed to extinguish fires. Local officials said the city was struck with Azerbaijan's Smerch long-range multiple rocket systems, a devastating Soviet-designed weapon intended to ravage wide areas with explosives and cluster munitions. Nagorno-Karabakh authorities said other towns in the region were also […]
The post Fighting over Nagorno-Karabakh goes on despite US mediation appeared first on Black News Channel.
… -third of the population is African American.
As she speaks to cheering … -third of the population is African American.
That has given Democrats hope … in a round-table with African American men. As always, she wears …
… of a 46-year-old African American man in Minneapolis, Minnesota, … minimise the situation”, asking why Black Americans have to be so angry … was 6 per cent for Black Americans (12.7 per cent … believe the dedicated support for Black Americans is necessary to make …
(Trinidad Guardian) “I didn’t eat myself to this. I am not a glutton.”
The article Trinidad: 600-pound man seeks help for surgery appeared first on Stabroek News.
The proposed Gautrain extension plan has been broken down into 5 phases that will eventually see 19 new stations.
By DANICA KIRKA Associated Press LONDON (AP) — A police force in England says it will try to stop people from leaving Wales, which has started a 17-day lockdown to slow a surging rate of coronavirus infections. The Gloucestershire Constabulary will patrol routes from Wales and pull over drivers they believe are making long journeys. Travelers without a good excuse will be asked to turn around. If they don't comply, officers will inform their Welsh counterparts so they can take action because Gloucestershire police don't have the authority to fine people traveling from Wales, the department said. The situation illustrates […]
The post No escaping from Wales: UK police to enforce travel ban appeared first on Black News Channel.
AN internal audit has exposed over 180 “voluntary workers” who were bleeding Marondera Municipality amid reports that they were each claiming $60 per day for doing menial jobs such as guarding communal boreholes and digging trenches. BY JAIROS SAUNYAMA This was revealed in a recent council audit committee report. The auditors noted several discrepancies where at some sites five people were said to be guarding a single borehole, amid reports that the “guards” were seconded by mostly MDC Alliance councillors. Marondera town has 11 MDC Alliance councillors and one for Zanu PF. It has emerged that each of the councillors seconded at least 15 workers to perform paid voluntary work. “Audit was concerned with the number of voluntary workers which was sky rocketing,” read part of the report. “The concern was that a single borehole was being manned by five people and to some extent people were attending malfunctioning boreholes. Audit cited loss of revenue.” Council early this year drilled 16 boreholes using devolution funds to ease water challenges, with five of them malfunctioning. According to the audit report, a number of voluntary workers were not reporting for duty but claimed daily allowances. “The audit manager said he received reports from the finance committee chairperson that there were some volunteers who were being paid yet they were not at work. The chairperson said internal audit should do the investigations and report accordingly,” read the report. The local authority is currently operating on a shoestring budget after revenue flows were affected by the current COVID-19 pandemic that resulted in revenue collection falling by 50%.
By LEKAN OYEKANMI Associated Press LAGOS, Nigeria (AP) — Nigeria's top police official on Saturday ordered the immediate mobilization of all officers to 'reclaim the public space from criminal elements masquerading as protesters' after days of unrest and demonstrations over police abuses that left at least 69 people dead. The police order could further heighten tensions in Africa's most populous country after some of its worst turmoil in years. Nigeria's inspector general of police, M.A. Adamu, ordered colleagues to 'dominate the public space' while announcing that enough is enough, a statement said. Nigerians on Tuesday evening watched in horror as […]
The post Nigeria's police order massive mobilization after unrest appeared first on Black News Channel.
