Bravura Holdings Limited (CMBI.mu) Q12019 Interim Report

first_imgBravura Holdings Limited (CMBI.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2019 interim results for the first quarter.For more information about Bravura Holdings Limited (CMBI.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Bravura Holdings Limited (CMBI.mu) company page on AfricanFinancials.Document: Bravura Holdings Limited (CMBI.mu)  2019 interim results for the first quarter.Company ProfileBravura Holdings Limited (formerly CMB International) is an investment holding bank situated in Ebene, Mauritius, and invests in Sub-Saharan African markets, with particular attention on Mozambique and Zambia. Whilst the company is a subsidiary of Capital Markets Brokers, the latter is a leading shareholder of the Stock Exchange of Mauritius since its establishment in 1989. The company disseminates its services through its subsidiaries offering financial services, financial advisory, investment banking for businesses and for entities that have focused their investments in financial instruments, including derivatives and equity. Bravura Holdings Limited is listed on the Stock Exchange of Mauritius.last_img read more

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ISA investing: this is what I’ll do if UK share prices crash again

first_imgISA investing: this is what I’ll do if UK share prices crash again Royston Wild | Sunday, 31st January, 2021 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. UK share markets have been steadily sinking in recent days. So far this reflects mild bouts of selling rather than a mass exodus of investors. But it’s clear that financial market confidence is worsening.The FTSE 100 has now lost all of the gains it enjoyed during its strong start to 2021. Hopes that a Covid-19 vaccine would be a silver bullet to the public health emergency are waning. The emergence of new coronavirus strains and problems with vaccine delivery in Europe are tempering optimism of a sharp economic recovery in 2021.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Trying to guess how UK share prices will behave in the short term is a fool’s game. But a blogpost last week from the International Monetary Fund explains why a fresh stock market crash could be around the corner.What did the IMF say?Flagging what it calls “the apparent disconnect between exuberant financial markets and the still-lagging economic recovery,” the IMF raised the idea of “a possible market correction should investors reassess the economic outlook or the extent and duration of policy backstop.”The IMF says that stock investors expect governments and central banks to underpin the economic recovery by maintaining accommodative monetary policy. Policymakers have launched huge quantitative easing programmes and cut interest rates to record lows to support the global economy in the wake of Covid-19.The IMF warns, though, that investors might be too complacent in expecting loose monetary policy to keep rolling on. It notes that while policymakers “need to keep financial conditions easy to provide a bridge to vaccines and to the economic recovery,” it added that “they also need to safeguard the financial system against unintended consequences of their policies.”The IMF said, for example, that a steady increase in interest rates could prompt a fresh stock market crash. It notes that “expectations of very low interest rates for the foreseeable future” is one reason why analysts and investors have explained recent stock market rallies.Getting ready to buy UK shares!It’s clear that a fresh stock market crash could be around the corner, then. But as a long-term UK share investor it’s not something that greatly concerns me. Extreme stock market volatility is nothing new. And over the long term, stock market corrections don’t tend to stop investors from making big returns.Studies show that long-term investors like me make an average annual return of 8% to 10%. This is because UK share prices have always rebounded strongly following crashes. Remember that the FTSE 100 doubled in value in less than a decade following the 2007-08 banking crisis.That annual return isn’t guaranteed, of course. Nor is a doubling in value as the FTSE 100 comes back from last year’s crash. And risks remain in place, especially in the short term.But if UK share prices do crash again, I know what I’ll be doing. Just like in 2020, I’ll be hunting for bargains to buy in my Stocks and Shares ISA. I’ll buy them in the belief that they should rise in value during the eventual economic recovery. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address FREE REPORT: Why this £5 stock could be set to surge Image source: Getty Images center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Get the full details on this £5 stock now – while your report is free. See all posts by Royston Wild Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment.last_img read more

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This penny stock is up 15% in 1 month. Should I buy?

first_img Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. This penny stock is up 15% in 1 month. Should I buy? Nadia Yaqub | Monday, 14th June, 2021 | More on: MTO I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Nadia Yaqub Nadia Yaqub has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Mitie (LSE: MTO) is a penny stock that has been rising. During the last month the shares have risen 15% and they’re up more than 85% during the last year.Of course, past performance isn’t an indication of future returns. But I commented on Mitie being a penny stock that I’d buy in June. And I still hold this view. The company reported its full-year results last week. And the numbers look promising.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The resultsThe 2021 financial year marked the end of Mitie’s four-year transformation. And the company showed resilience through the pandemic. Revenue increased by 19% to £2.6bn. This included a four-month contribution from its Interserve acquisition.But operating profits fell. The company said that the additional profit from contract wins, inclusion of Interserve and associated £6.2m of synergies was “more than offset by the impact of Covid on trading, the ending of certain profitable contracts in the prior year and the reinstatement of incentives and share based payments (which were waived last year to preserve our financial strength)”.Order bookYet I like that Mitie’s order book looks strong. As of the end of March, it stood at £7.2bn, which included £3.2bn from Interserve. This offers revenue stability and transparency, which is something I look for when analysing a company.What is encouraging is that the FTSE 250 firm has managed to either win or renew contracts worth £1.3bn. To me, this highlights that Mitie’s clients think it’s doing a good job, otherwise they wouldn’t have extended their contracts. It also reconfirms the company’s market position and makes it stand out from its competitors.Mitie acquired Interserve in November last year. Most of the acquisition’s order book has contracts that average 15 years in length. What I also like is how Mitie has managed to renew or extend all of Interserve’s major contracts that came up for renewal in the four-month period under ownership. This should prove to be positive for the penny stock in the long term.Net debtMitie is also improving its financial position. The net debt position at the year-end stood at £86.7m compared to the previous year’s £153m. Clearly, a rights issue and refinancing of its credit facility have helped.But it’s good to see that the company’s liabilities are falling and heading in the right direction. I think the shares could rise further on the back on of an improving balance sheet.RisksIt’s clear that Mitie was hit by Covid-19. While restrictions are somewhat easing, I’m not suggesting the pandemic is completely over. The coronavirus crisis could continue to impact profitability just as it did in its 2021 financial year. Another period of low profits may prove to be negative for the shares.But I think things look promising for this penny stock. It’s winning or renewing contracts while the Interserve acquisition seems to be integrating well and is starting to pay off. The four-year transformation plan has come to an end, so investors should start to see the benefits. I’d buy Mitie shares today. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

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Anglican Communion Standing Committee issues report to ACC

first_img Rector Tampa, FL Family Ministry Coordinator Baton Rouge, LA Rector Pittsburgh, PA Priest Associate or Director of Adult Ministries Greenville, SC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Martinsville, VA Anglican Communion, Rector (FT or PT) Indian River, MI Course Director Jerusalem, Israel ACC16, Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Associate Rector for Family Ministries Anchorage, AK Rector Smithfield, NC Priest-in-Charge Lebanon, OH Rector Collierville, TN Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Shreveport, LA Submit a Press Release The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group New Berrigan Book With Episcopal Roots Cascade Books Director of Music Morristown, NJ Tags TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Director of Administration & Finance Atlanta, GA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Assistant/Associate Rector Washington, DC Featured Jobs & Calls Anglican Consultative Council Rector Washington, DC Youth Minister Lorton, VA Submit a Job Listing Canon for Family Ministry Jackson, MS Assistant/Associate Priest Scottsdale, AZ Cathedral Dean Boise, ID Posted Apr 8, 2016 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL [Anglican Communion News Service] The Anglican Communion Standing Committee, which met April 6-7 in Lusaka, Zambia, issued the following report to the 16th Meeting of the Anglican Consultative Council.The Standing Committee met in worship and prayer on 6-7 April at Holy Cross Cathedral in Lusaka, Zambia to effect its regular business and also prepare for the 16th meeting of the Anglican Consultative Council to follow. The Standing Committee expresses its thanks to the Province of Central Africa for its generous hospitality and welcomes the opportunity of hearing African voices on issues facing the world and the Church.The meeting opened with a review of the roles and responsibilities of the Standing Committee, which was particularly useful for the primates on the Standing Committee all of whom were newly elected at the last meeting of the Primates. Secretary General Archbishop Josiah Idowu-Fearon followed with a review of his first ten months in office emphasizing insights he has gained into Anglican ecclesiology through his extensive travels around the Communion. The Secretary General’s report was followed by a discussion of the networks of the Anglican Communion noting those that are currently still active and those that seem to have lapsed.The Standing Committee received a report from the Archbishop of Canterbury on the Primates’ gathering in January 2016 and noted the stated commitment of the Primates to ‘walk together’ despite differences of view. The Standing Committee welcomed the formation of a Task Group as recommended by the Primates to maintain conversation among them with the intention of restoration of relationship, the rebuilding of mutual trust, and healing the legacy of hurt. The Standing Committee considered the Communiqué from the Primates and affirmed the relational links between the Instruments of Communion in which each Instrument, including the Anglican Consultative Council, forms its own views and has its own responsibilities.The Standing Committee spent substantial time reviewing the programme and processes for ACC16 including a brief on its communications strategy. The roles and responsibilities of Standing Committee in the ACC meeting were clarified with specific attention to our work as table facilitators. We noted with regret that some provinces will not be attending ACC16 and that this will result in the loss of their views from our discussions. We hold in our prayers all members of the ACC who will not be with us in Lusaka. The Standing Committee urges all members of the ACC to engage openly and respectfully with each other as we explore the theme of ‘intentional discipleship in a world of differences.’In additional business, the Standing Committee: noted the accounts and approved new trustees for the Anglican Alliance; discussed processes related to the development of possible new Anglican provinces in Sudan, Chile, and Peru; considered the situation of the Church of Ceylon; reviewed the Reports and Financial Statements of the Anglican Consultative Council and of the Lambeth Conference Company; and adopted objectives for the management of the Anglican Communion Office Archives. The Chair, The Rt Revd Dr James Tengatenga, the Vice Chair, Canon Elizabeth Paver, and the following five members of the Standing Committee elected by the ACC were thanked as they complete their terms: Mrs Helen Biggin, Professor Joanildo Burity, The Rt Revd Dr Ian Douglas, The Rt Revd Dr Sarah Macneil and Mr Samuel Mukunya.Members of the Standing Committee:President: The Most Revd and Rt Hon Justin WelbyChair: The Rt Revd Dr James TengatengaVice Chair: Canon Elizabeth PaverElected by the Primates’ Meeting:The Most Revd Dr Philip FreierThe Most Revd Dr Richard ClarkeThe Most Revd Dr Mouneer Hanna Anis [not present at this meeting]The Most Revd Dr Thabo Makgoba [not present at this meeting]The Most Revd & Rt Hon Dr John HolderElected by the ACC:Mrs Helen BigginThe Rt Revd Eraste BigirimanaProfessor Joanildo BurityThe Rt Revd Dr Ian DouglasThe Rt Revd Dr Sarah MacneilMs Louisa MojelaMr Samuel Mukunya [resigned]Secretary General: The Most Revd Josiah Idowu-Fearon Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector/Priest in Charge (PT) Lisbon, ME Missioner for Disaster Resilience Sacramento, CA Curate (Associate & Priest-in-Charge) Traverse City, MI Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Featured Events Submit an Event Listing Rector Bath, NC Rector Hopkinsville, KY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ Press Release Service AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Curate Diocese of Nebraska Associate Priest for Pastoral Care New York, NY Bishop Diocesan Springfield, IL Rector Albany, NY Associate Rector Columbus, GA Rector Knoxville, TN Rector and Chaplain Eugene, OR Anglican Communion Standing Committee issues report to ACC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET last_img read more

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The First 100 Days – Part Two: How Mayor Nelson will…

first_img March 27, 2018 at 3:38 pm Florida gas prices jump 12 cents; most expensive since 2014 Mama Mia Reply March 27, 2018 at 8:26 pm And if the contractors did go to public works to get their hoses back, they would get them back, but only after some tongue lashing and a stern warning from public works, that if they are caught again, they would face a fine. Most of the time the contractors just cursed and showed off, but didn’t go to public works to retrieve their hoses. LOL Some stubborn persistent contractors did get some sizable fines for poo- pooing the city repeatedly. I won’t mention which subdivisions were the worst offenders, but sometimes my husband would make another round again, a few days later, to the same offending subdivisions, and confiscate even more hoses, that they were using again illegally, since they had not bothered going to public works to get their other hoses back. My husband never intended on being a ” water cop”, and I say that jokingly, but honestly that is what it kind of was like, on certain job positions he had in the water department. Good night everyone. Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom March 27, 2018 at 4:10 pm Reply Regarding these water meters needing replaced…..Okay my husband started out as a meter reader, when he first came to the city. He also over the years worked in utility construction of the water system, water, sewer, reuse water line repairs, demolished houses, worked during the hurricanes cleanup, even in other cities, and he even was a water plant operator then became over the water plants, and eventually his title was Assistant Water Resource Superintendent. Did other duties too, I can’t list them all….. Forgive me for plugging my husband, but he knows all about the water department at the city and how it functions, not all the other departments so much, but the water department YES…… 4 COMMENTS Reply Mama Mia Okay, they used to have to get down on hands and knees to read the water meters. Sometime, I think it was give or take, the year 2008, or so, the city updated a massive amount of meters and put in the “so called” touch meters, then I think they changed those, or updated the registers on those,s and put electronic meters, that could be read from the water office by programming in numbers, as each meter has assigned numbers, without having to go out physically to the homes, and get down on hands and knees to read them. It saved a lot of labor. When my husband was over the meters department, he had to keep up detailed reports routinely of stopped meters, or meters that stopped for whatever reason during the month, and had to do up orders to immediately get those meters replaced. If water bill readings stayed the same, he would send out someone to check it out monthly, and they would be changed promptly. Mr. Nelson should first look at the unaccounted water report. This shows just how much water is going through the entire system that is unaccounted for, and not bringing the city in any revenue. He should also look at the unaccounted water program, ( I am assuming there is one now) and see how it is being ran. This will tell him things such as fire department flushings, leaks, stopped meters, malfunctioning meters, etc. It really is hard to determine exactly where the unaccounted water is going. The thing of it is, if the unaccounted water usage is too high, then the city has to answer to the St. John’s Water Management, and they definitely look at it every 4 years, or maybe it was the EPA, not sure….I know my husband and his supervisor, Bob Elmquist, had to go to the SJWM office, and sit down with them for a water audit, and they take it seriously, and the city is then required to go through any recommendations that the city has come up with, and if they don’t come up with some program, to get a grip on unaccounted water, then they step in and tell the city what goes, as they are the ones who issue the water permits to the city…..lol I am sure there are plenty of meters that need changing probably, but all of them, I say no way, not if they are doing what they are supposed to be doing, as this process of changing water meters out is suppose to be an ongoing program, but my husband is retired, so I am just telling Mr. Nelson how it is suppose to be. Reply center_img You have entered an incorrect email address! Please enter your email address here It is not always the meters that have stopped, or malfunctioning, that attributes to the unaccounted water amounts getting too high either. Sometimes it is the contractors working for the developers that illegally hook up to water services that are unmetered, instead of hooking up to the water service nearby that are metered, like maybe the next lot, right next to the adjacent lot. My husband used to have to look for hoses hooked up to unmetered services in the new developments coming in. If he found the hoses, he was required to confiscate them, after taking photos. A lot of hoses! Sometimes a truckload of them. And the thing was that he didn’t know if it was a few gallons of water they used, or thousands they had used. Sometimes the owner of the hose would confront him, and he would have to tell them, it is illegal, and you can get your hose back by coming to public works. If they carried on, and got hostile, he informed them he was required to call the police. I don’t know how this is handled now days, but really this should be referred over to code enforcement, instead of an employee handling it, as they are more empowered to handle hostile situations, and have more authority…..my recommendation! On another note, he had orders for meters randomly pulled and sent off for testing, not at the customer’s request either. Just part of the plan, to get a grip on unaccounted water….hope this info helps you Mr. Nelson with the future water woes and the water meter subject. Mama Mia UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Editor’s Note: This is the second in a five-part series about Apopka Mayor-Elect Bryan Nelson entitled “The First 100 Days”. The series will outline the expected path Nelson will take in his first 100 days in office. What are his priorities? How will he lead Apopka? What will the budget look like under a Nelson administration? How will he handle the City staff and who will his department heads be? To read part one of the series, go here.Part Two: Workdays and unexpected expensesBy Reggie Connell/Managing Editor of The Apopka VoiceBy any measurement, the 2018 mayoral election maintained a level of negativity and attacks not seen by Apopka for some time – if ever. Perhaps it was because both candidates announced their intentions to run a year before election day that caused things to get ugly early. Maybe it was a trickle-down effect from the national political scene. Or possibly it was because elections involving an incumbent and a challenger demand that opponents compare and contrast themselves, which tends to lead to ugliness.Despite the tone of the election, Apopka Mayor Joe Kilsheimer and Mayor-Elect Bryan Nelson have communicated cordially since the results were known. There have been two conversations between them – one on election night, and another to discuss the transition. “They were nice discussions,” said Nelson. “He wanted to know if I was supporting some things that were ongoing between the end of his term and the beginning of mine. He also called me on election night and congratulated me.”Nelson also said this on his Facebook page after his initial visit with Kilsheimer: “Mayor Joe Kilsheimer invited me to City Hall to catch me up on pending issues that will be facing the city over the next several months. We had a great discussion and I appreciate his help in the transition. We need our community to work together for the betterment of  Apopka. Thank you Mayor Kilsheimer for reaching out and for your time.”But setting cordiality aside, according to Nelson, he was informed by Kilsheimer of two upcoming expenses that will definitely impact the next budget, and perhaps every budget in his first term. “I’ve got some interesting expenses coming up that I was not planning on like $15-million to replace 40,000 water meters and another $1-million to replace a fire truck. I heard there were some issues with billing and with the meters, but I didn’t know to what extent, so that was somewhat of a shock.”The Apopka Voice reached out to the City about the water meters and the replacement fire truck, requesting details and a statement from Public Services Director Jay Davoll and Apopka Fire Chief Chuck Carnesale. In response, Apopka Public Information Officer Robert Sargent released these two statements.About the water meters, he said:“The city does not have 40,000 meters. That is inaccurate. We have 22,000 potable water meters in our service area. We also have 7,600 reclaimed meters. We have no indication yet that the cost of system improvements would be $15 million. I think that number may have been mentioned at a past city council meeting as an example of unexpected costs to illustrate why a utility assessment is important. We are conducting an assessment of the city’s water metering system, and we expect to receive a final report soon with definite details.”About the replacement fire truck, he said:“The city is looking at options to replace a 17-year-old fire truck. The $1-million (cost) is not accurate to what the city could pay. This topic will be discussed at the next city council meeting.”Despite the surprising news or the specific details, Nelson is moving forward with the options available to him. “I told him (Kilsheimer) to go ahead and get the RFP (Request for Proposal) going because that takes some time. So if we are going to do one, let’s not wait. He (Kilsheimer) said the life expectancy of a water meter is 10 years. If that’s the case you’d like to get them on a schedule that every 2 1/2 years we do 25% of them… then you wouldn’t have to do them all at once. So that would be an option. Can we do an older section this year, and a newer section next year? It’s definitely something I need to dig into. But $16 million is a big chunk of the budget.”The first week:Nelson made it clear that a top priority for him is to bond with his staff and employees. His plan is to borrow from the “workday” idea of former Florida Governor Bob Graham who worked 100 jobs across the state during his gubernatorial campaign in 1977. Nelson plans to mirror that effort and work alongside City of Apopka employees.Former Florida Governor Bob Graham at one of his “workdays”. “The first thing I want is to try to get everybody to buy into our mission,” Nelson said. “And the best way to do that is to understand where they are coming from. The first week will be getting to know the employees. I’m planning on getting out into the field. I’ll get on the garbage truck, go to the wastewater treatment plant, ride along with the police officers, get on a fire truck, go see the Parks and Recreation and work with these folks. I really want to get a better feel for what they do… maybe spend half a day with them. A lot of people want to feel appreciated and know that their voice matters. A lot of people want to support City Hall but have not had a real reason to do that. The goal is to find out what they do and then be easily accessible to them to solve problems. If it’s a serious issue, I will have an open door policy with them.”Nelson plans to do these workdays with every department. For Graham, the workdays made for good television and garnered ample newspaper coverage as well. But he did follow a couple of rules in order to stay legitimate in the eyes of voters. He worked the entire shift. He only allowed the press to be present for a part of that shift. And he did all aspects of the job. Many believe it was how a relatively-unknown legislator was able to win the nomination and later the election.Nelson has already won an election, therefore the “workdays” have to be seen from a different perspective. Will this time with City staff and employees bond them? Will they buy into his mission? Will he understand the jobs and departments better by working with them? It’s an unusual way to begin a term, but one that seems to suit the hands-on approach Nelson wants to employ.For Wednesday: Part three of “The First 100 Days”, is all about the budget. It’s clear one of Nelson’s mandates was to cut spending, but how will he accomplish this? How will he recoup the lost revenue when the red light cameras are turned off? How will he increase general fund reserves? And what about the unexpected expenses?To read part one of the series, go here. LEAVE A REPLY Cancel reply Please enter your name here Please enter your comment! Mama Mia TAGSDecision Apopka 2018Mayor-Elect Bryan Nelson Previous articleFlorida Hospital expands program for patients with autism, developmental delays and other special needsNext articleOrange County Youth leadership Conference leaves lasting impression with students Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter March 27, 2018 at 10:40 pm Save my name, email, and website in this browser for the next time I comment.last_img read more

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Winners of ICFM Professional Fundraising Awards

first_imgBest use of the telephone in fundraising: Medecins Sans Frontiers for its Sudan Appeal Donor Conversion, working with Personal Fundraising Partnership.Best direct marketing campaign – donor development: Intermediate Technology Development Group for its Drought-defying Water Power Appeal, working with Whitewater.Most effective corporate fundraising campaign: Mencap and Transco for the Transco/Mencap Safety Charity Challenge.Best use of events in fundraisingL Kirkwood Hospice for its Millennium Madness.Best use of payroll giving: NCH for its in-house payroll giving.Best direct marketing campaign – donor recruitment: Concern for its Lifesaving Lunch, working with Whitewater.Professional fundraiser of the year: Richard Turner of FARM-Africa.Volunteer fundraiser of the year: Michelle Lewis, aged 18, who has raised over £1 million for various charities over the past 10 years.Lifetime achievement in fundraising: Ian Ventham, Royal National Lifeboat Institute. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  16 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The winners of the 2001 ICFM and Professional Fundraising Magazine awards have been announced.The Awards seek to recognise excellence in fundraising. This year the judges were looking for evidence of best practice and innovation. The winners are:Regional or local campaign of the year: Big Issue in the North, for its Christmas Appeal 2000. Advertisement Winners of ICFM Professional Fundraising Awards Howard Lake | 30 July 2001 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

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New appointments at British Lung Foundation Scotland

first_img Tagged with: Management Recruitment / people Wendy Halley has been appointed as the Development Officer for Scotland. Her main focus will be supporting and developing the network of patient-based voluntary Breathe Easy support groups. There are currently nine groups in Scotland and the team wants to triple this number in the future. Wendy joins from Scottish Screen, the national organisation for film and television, where she spent six and a half years as Human Resources Manager. Two new fundraising appointments have been announced at British Lung Foundation Scotland.Andrew Powrie-Smith will be managing the team as Head of the British Lung Foundation Scotland. He will oversee raising public awareness on lung illness, develop fundraising strategies and make the voices heard of people in Scotland living with a lung illness.Andrew comes from the British Red Cross where he was Head of Corporate Partnerships in Scotland for four years, and has also worked for a fundraising consultancy. Advertisement  29 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img New appointments at British Lung Foundation Scotland Howard Lake | 5 May 2003 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

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U.S. Ethanol Production Hits 15 Week Low

first_imgHome Energy U.S. Ethanol Production Hits 15 Week Low U.S. Ethanol Production Hits 15 Week Low SHARE Facebook Twitter Previous articleLicensed Grain Facilities Can Apply for Temporary or Emergency StorageNext articleEducation Key to Understanding FAA Drone Regulations Gary Truitt Facebook Twitter By Gary Truitt – Oct 13, 2016 According to EIA data analyzed by the Renewable Fuels Association, ethanol production averaged 962,000 barrels per day (b/d)—or 40.40 million gallons daily. That is down 18,000 b/d from the week before and tied for the lowest total in 16 weeks. The four-week average for ethanol production stood at 978,000 b/d for an annualized rate of 14.99 billion gallons.Stocks of ethanol stood at 19.4 million barrels. That is a 3.9% decrease from last week and the lowest total since the week ended 11/13/2015.Imports of ethanol remained flat at zero b/d for the seventh week in a row.Gasoline demand for the week averaged 389.1 million gallons (9.264 million barrels) daily. Refiner/blender input of ethanol averaged 916,000 b/d.Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.38%. SHARElast_img read more

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RFA: EPA Must Allow RIN Markets to Work

first_img Facebook Twitter RFA: EPA Must Allow RIN Markets to Work Home Energy RFA: EPA Must Allow RIN Markets to Work Previous articleFirst Farmers Bank & Trust to Open New BranchesNext articleEU to Buy More Soybeans from US After Deal Made Hoosier Ag Today Facebook Twitter The most effective way to reduce the prices American consumers are paying at the pump is to let Renewable Identification Numbers (RINs) do the job they were intended to do by stimulating increased ethanol production and blending, the Renewable Fuels Association wrote in a letter to House Energy and Commerce Subcommittee on Environment Chairman John Shimkus (R-Ill.) and Ranking Member Paul Tonko (D-N.Y.).The subcommittee held a hearing yesterday morning on RINs, which are used to demonstrate compliance with annual Renewable Fuel Standard blending obligations.“RIN credits are the engine that drives the RFS. Not only are RINs used to demonstrate compliance with annual RFS blending obligations, but they also serve as a critical economic incentive to expand the production and use of renewable fuels,” RFA explained to the lawmakers. “Studies show that higher RIN prices facilitate deeper discounting of ethanol-blended fuels (such as E15 and E85) relative to gasoline, and that wider discounts lead to greater consumption of these blends. In turn, greater demand for E15 and E85 stimulates increased production of ethanol, which leads to increased RIN generation and larger supplies,” the letter noted.Contrary to the rhetoric coming from some in the refining industry, RINs aren’t negatively affecting the financial performance of refining companies, since merchant refiners who do not blend ethanol recoup their RIN costs by slightly marking up their selling price of gasoline blendstock, RFA explained to the lawmakers. Multiple economists and outside experts have testified to this fact.Additionally, “there is no evidence to support the notion that RINs push retail gas prices higher. In fact, RINs and retail E10 gas prices tend to be negatively correlated, with periods of high gas prices occurring during periods of low RIN prices and vice versa,” RFA explained.EPA’s recent issuance of approximately 50 small refinery compliance exemptions from 2016 and 2017 RFS requirements has increased RIN stocks to nearly 3.1 billion RINs—more than double the level of RIN stocks just two years ago, RFA explained in its letter. As a consequence, RIN prices have dropped from 95 cents in late November 2017 to just 25 cents today, decreasing the incentive for blenders and refiners to increase volumes of E15 and other higher-level ethanol blends.These small refiner waivers have destroyed demand for ethanol, RFA wrote. “Despite very favorable blending economics (i.e., ethanol is priced 70 cents per gallon below gasoline at the wholesale level), ethanol blending activity has slowed in 2018….The 2018 weekly ethanol blend rate has been below year-ago levels in 21 of 28 weeks so far. Meanwhile absolute blending volumes have lagged year-ago volumes in 18 of 28 weeks, including 16 of the past 20 weeks,” RFA explained.“U.S. ethanol producers and farmers across the country who have invested in this important value-added market opportunity are extraordinarily concerned by EPA’s recent intrusion into the RIN market, and believe it irreparably undermines the integrity of the Renewable Fuels Standard,” RFA wrote. “Providing waivers from RIN obligations to wealthy oil companies that are recovering RIN costs in the crack spread, creating new RINs not tied to a specific gallon of biofuel to accommodate the retroactive granting of a small refinery waiver, and forgiving the RIN obligations of a certain refinery in bankruptcy proceedings when the source of that refinery’s financial distress was well understood to be unrelated to its RFS obligations are all examples of EPA’s wanton disregard for the statute and its biofuel demand destruction campaign. All of this must end. EPA must allow RIN markets to work,” RFA concluded.A copy of RFA’s letter to the lawmakers is here.Source: The Renewable Fuels Association SHARE By Hoosier Ag Today – Jul 25, 2018 SHARElast_img read more

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Italian photographer freed after being held hostage for three weeks

first_img November 3, 2006 – Updated on January 20, 2016 Italian photographer freed after being held hostage for three weeks RSF asks International Criminal Court to investigate murders of journalists in Afghanistan RSF_en to go further March 11, 2021 Find out more News Situation getting more critical for Afghan women journalists, report says News AfghanistanAsia – Pacific Follow the news on Afghanistan Receive email alerts AfghanistanAsia – Pacific News Afghanistan : “No just and lasting peace in Afghanistan without guarantees for press freedom” May 3, 2021 Find out more June 2, 2021 Find out more News Organisation Reporters Without Borders welcomes the release of Italian photographer Gabriele Torsello today, three weeks after he was taken hostage in southern Afghanistan. The news was announced by the Italian NGO Emergency, which operates in the area. Reporters Without Borders welcomes the release of Italian photographer Gabriele Torsello today, three weeks after he was taken hostage in southern Afghanistan. The news was announced by the Italian NGO Emergency, which operates in the area.Emergency said in a statement: “At around 10 a.m. (1:30 p.m. in Afghanistan) today, 3 November, the Emergency hospital in Lashkar Gah received a telephone call saying Gabriele Torsello could be found on the road to Kandahar. An Emergency team went there and took him to Italian government representatives. Emergency immediately contacted his family, the Italian foreign minister and the ambassador in Kabul.”Torsello’s release was preceded by a phone call from Torsello to the hospital at 7:30 p.m. yesterday, which ended 10 days of silence from him and his abductors. In it, Torsello said he was “all right” but still did not know when he was going to be freed. His abductors had always preferred to communicate through the Italian-run hospital, which does not accept military protection.In the course of the call, Torsello had also asked in a tired voice: “Where is my son? He should be taken to his grandmother’s.”The campaign in Italy and other parts of the world on behalf of Torsello played an important role in his release. Italian foreign minister Massimo D’Alema said all possible channels of mediation were being used. Gen. Ismatullah, the head of all the police forces in southern Afghanistan, had recently confirmed that Torsello was still being held in Helmand province.More than 1,300 people had signed a petition launched by Reporters Without Borders and the UK-based National Union of Journalists (of which Torsello is a member) calling for his release. Help by sharing this information last_img read more

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