12 Jul

FBC Holdings Limited (FBC.zw) Q32020 Interim Report

first_imgFBC Holdings Limited (FBC.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2020 interim results for the third quarter.For more information about FBC Holdings Limited (FBC.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the FBC Holdings Limited (FBC.zw) company page on AfricanFinancials.Document: FBC Holdings Limited (FBC.zw)  2020 interim results for the third quarter.Company ProfileFBC Holdings Limited (FBC Bank) is a financial institution in Zimbabwe providing financial products and solutions for retail, commercial and corporate banking; with a range of products and services extending from savings deposit accounts and micro-lending in the informal market to foreign market investment, mortgage financing, micro-lending, re-insurance, short-term insurance and stock-brokering services. Its re-insurance division underwrites classes of insurance for fire, engineering, motoring, marine and miscellaneous incidences. FBC Bank is a wholly-owned subsidiary of First Banking Corporation Holdings Limited which is a publicly-traded financial services company in Zimbabwe. FBC Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

14 Jun

Use Crop Insurance to Manage Risk in 2013

first_img By Gary Truitt – Dec 21, 2012 [audio:https://www.hoosieragtoday.com//wp-content/uploads//2012/12/riskwrap.mp3|titles=Use Crop Insurance to Manage Risk in 2013] Previous articleSeed Consultants Market Watch Weekly Comment with Gary Wilhelmi 12/21/2012Next articleDemocrat Ag Leaders Take Different Stance on Cliff Gary Truitt SHARE Crop insurance proved to be a lifesaver for farmers in 2012; and, according to one Purdue expert, it is a good bet for managing risk in 2013. There are many tools farmers can use to manage risk and protect against uncertainty. According to Dr. Chris Hurt, ag economist at Purdue, the best ones are those that protect you on the down side while letting you take advantage of the upside, “The key to risk management is to protect against the potential bad outcomes, but still leave opportunities to capitalize on potential good outcomes.” Hurt says crop insurance in a tool that will do both, “Sometimes growers are hesitant to sign up because the premiums have to be paid regardless of whether coverage is used. But I think a lot more people understand the value after the drought this year. If not for crop insurance, it would be depression in many farming communities right now.” SHARE Facebook Twittercenter_img Use Crop Insurance to Manage Risk in 2013 Facebook Twitter Forward-contracting is another tool, but Hurt says this only protects you against price drops and takes away your chance of cashing in if prices go higher, “Growers should forward-contract only a portion so that, if prices go up, they still have money to gain. It’s common to forward-contract 25-30 percent of expected production for new crop delivery.”  Farmers who do forward-contract can also consider purchasing an out-of-the-money call option against their forward contracts. The option allows the opportunity for farmers to gain revenue if prices go up after contracts are made. An example Hurt gave is that of a farmer who opts to sell corn for $6 per bushel in a forward-contract. By purchasing a call option on futures at $7.50 per bushel, the farmer could add $2.50 a bushel to the $6 if corn prices ended up moving to $10 because of drought. “The call option costs some money but provides upside opportunity in case prices move sharply to the up side,” he said. Home News Feed Use Crop Insurance to Manage Risk in 2013 While we do not have a new government farm program for 2013 yet, Hurt thinks that, when a Farm Bill is adopted, it will contain a safety net program that will not make direct payments to growers but will provide an additional level of protection under crop insurance coverage. For example, if a farmer elected a crop insurance coverage level of 70 percent and the federal government offered an additional 8-10 percent, farm finances would be protected at 78-80 percent. “The foundation of risk management in 2013 would still be crop insurance,” Hurt said. “But this could add another modest layer of protection and build a little more confidence.”last_img read more

13 Jun

Started from the bottom: Dennis Jr.’s long route to TCU

first_imgFirst TCU spring game since 2018 gets fans primed for a highly-anticipated fall Colin Post Texas-Arlington guard Edric Dennis (5) is defended by Georgia State guards Damon Wilson and Kane Williams during the first half of an NCAA college basketball game for the Sun Belt Conference men’s tournament championship in New Orleans, Sunday, March 17, 2019. Georgia State won 73-64. (AP Photo/Tyler Kaufman) + posts ReddIt TCU places second in the National Student Advertising Competition, the highest in school history printTexas-Arlington guard Edric Dennis (5) is defended by Georgia State guards Damon Wilson and Kane Williams during the first half of an NCAA college basketball game for the Sun Belt Conference men’s tournament championship in New Orleans, Sunday, March 17, 2019. Georgia State won 73-64. (AP Photo/Tyler Kaufman)Many new faces will hit the court for the Horned Frogs Thursday night, but one is set to make an impact from the get-go. Alongside returners Desmond Bane and Kevin Samuel, senior Edric Dennis jr. has emerged as a leader for head coach Jamie Dixon’s squad, though he has only been in Fort Worth for a few months.“He brings a lot of intangibles to the table,” Dixon said.  “[He has] the characteristics you want from a point guard: leadership, loud voice.”TCU is Dennis Jr.’s fourth school in five years. He transferred to TCU from UT-Arlington in May. As a graduate transfer, he is eligible immediately for the Frogs.On Thursday, Dennis Jr. will make get his first action at the Power 5 level. “I think it means a lot,” Dixon said about Dennis’ first Power 5 start. “Here’s a guy who’s played himself up, to use that phrase, from lower levels, junior college, and is now playing in his local, Power 5 institution.”Adjusting to a new school and new teammates is nothing new to the 6-foot-3 point guard. In high school, Dennis Jr. spent three years at Skyline High School, a public magnet school in Dallas, before transferring to Desoto High School. Though he was listed as a top-50 player in Texas by Rivals.com during his time with the Eagles, he garnered little attention at the college level.Dennis Jr. started his college career at Hill College, a junior college south of Dallas. There, honorable mention all-conference honors earned him a chance to move to Jackson, Mississippi, and play for the Jackson State Tigers.At Jackson State, Dennis Jr. continued to improve. He finished 10th in the SWAC with 14.7 points per game and averaged 32% from behind the arc.  Once again, the Dallas native would see a bigger opportunity arise, and he announced his transfer to UT-Arlington following the Tigers’ season.The increase in competition would not diminish Dennis Jr.’s game. After sitting out a season due to the NCAA transfer rule, he ranked second on the team with 14.3 points per game in 2018, adding 4.5 rebounds and 2.3 assists as well. “All my life I’ve been a scorer,” Dennis Jr. said. “I’m not your traditional just bring-it-up-pass-the-ball type of point guard. I can do both.”Nevertheless, Dennis Jr. did not believe his journey was over. After TCU saw their roster diminished by transfers and missed the NCAA tournament in March, the talented point guard saw an opportunity to make an impact at the highest level and signed with the Frogs in May.“It’s been fun, very different from the last school I came from,” Dennis jr said. “I want to win. I want to get to the tournament.”Now, learning to run an offense against some of the country’s top competition in a talented Big 12 Conference, Dennis Jr. no longer has to worry about proving himself by way of scoring. Instead, he has learned to develop a skill that TCU fans know well—passing.“I’ve always had the characteristics of a point guard: leading, talking, energy,” Dennis Jr said. “Now I’m balancing being around great players, [a] great coaching staff, and scoring and passing.”Last season, TCU starting point guard Alex Robinson finished with 672 assists on his career, a program record. His 6.9 assists per game ranked first in the Big 12, 2.9 ahead of second place.It’s no doubt that Dennis Jr. has big shoes to fill, but he is confident that he can, once again, exceed expectations. The ferocity with which the fifth-year senior has approached the preseason has already caught Dixon’s attention.“The main thing is his enthusiasm and his toughness,” Dixon said. “Right now, he’s been starting and playing really well.”TCU guard Desmond Bane soars to the hoop during his 26-point performance that led to a two-point victory over Oklahoma State. Photo by Cristian ArguetaSoto.Dennis Jr. will benefit from playing with the most talented roster he ever has had. Bane, named to the preseason All-Big 12 First Team last month, is the Big 12’s lead returning scorer after averaging 15.2 points per game last season.  The senior was also named to the preseason Wooden Award Top 50 list on Tuesday.Down low, Samuel is expected to be one of the most dominant presences in the conference this season. A year ago, the redshirt sophomore averaged 6.9 rebounds per game, good for sixth in the Big 12.“They make my job easy,” Dennis jr said about Bane and Samuel. “Greatest teammates I’ve ever had. Great kids.”TCU fans will get their first look at Dennis Jr. Thursday as the Frogs take on the Southwestern Pirates in their season opener. Tipoff in Schollmaier Arena is scheduled for 7 p.m. “I took the longer route to get here [TCU],” Dennis jr. said. “Now, I’m definitely ready for it.” Taylor’s monster slam highlights big weekend for TCU Athletics Colin Posthttps://www.tcu360.com/author/colin-post/ Colin Posthttps://www.tcu360.com/author/colin-post/ World Oceans Day shines spotlight on marine plastic pollution Despite series loss, TCU proved they belong against No. 8 Texas Tech Facebook The College of Science and Engineering Dean, Phil Hartman, retires after 40 consecutive years Twitter Linkedin ReddIt Facebook Colin Posthttps://www.tcu360.com/author/colin-post/ Colin Posthttps://www.tcu360.com/author/colin-post/ Colin Post is a Sports Broadcasting and Journalism double-major from Houston, Texas. Along with sports writing, Colin hopes to work in sports announcing after he graduates. Twitter Another series win lands TCU Baseball in the top 5, earns Sikes conference award Previous articleWhat We’re Reading: Republicans speculate on election results, new HIV strain discoveredNext articleMen’s basketball shakes off slow first half to beat Southwestern in season opener Colin Post RELATED ARTICLESMORE FROM AUTHOR Linkedinlast_img read more

12 Jun

For Trump, media is public enemy number one

first_img Follow the news on United States January 23, 2017 – Updated on January 30, 2017 For Trump, media is public enemy number one United StatesAmericas Condemning abuses Freedom of expression News NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say Receive email alerts to go further Organisation News Reporters Without Borders (RSF) is alarmed by the new administration’s repeated attacks on the media and blatant disregard for facts in the first three days of Donald Trump’s presidency. RSF calls on Trump and his team to stop undermining the First Amendment and start defending it. News In the first 72 hours since the 45th President of the United States took his oath of office, his administration has executed a coordinated attack on the media and demonstrated a clear disregard for facts. “It is clear that Trump views the media as his number one enemy and is taking every single opportunity to try to weaken their credibility, says Margaux Ewen, Advocacy and Communications Director for RSF North America. Any reporting he deems unfavorable to him, any reporting that does not jibe with his administration’s message of self-aggrandizement, is called false and irresponsible. RSF reminds Trump’s administration that the press does not provide public relations for the President, but reports the truth in order to hold government officials accountable, despite statements to the contrary from White House Press Secretary Sean Spicer. What’s equally alarming is the repeated lies that Spicer and Trump’s advisors are feeding to the press, despite irrefutable photographic evidence to the contrary.” Alternative facts On Saturday, President Trump made use of his first full day in office vigorously attacking the media, referring to them as “among the most dishonest human beings on earth” during a speech he made at C.I.A. headquarters. White House Press Secretary Sean Spicer towed the same line at his first press conference since the inauguration, harshly scolding journalists for “deliberately false reporting” regarding the presence of a bust of Martin Luther King Jr. in the oval office and the size of inauguration crowds. He claimed “photographs of the inaugural proceedings were intentionally framed in a way to minimize the enormous support that had gathered on the national mall.” He then falsely claimed “this was the largest audience to ever witness an inauguration period. Both in person and around the globe.” He proceeded to make several other false statements during the press conference and proclaimed that the media’s “attempts to lessen the enthusiasm of the inauguration are shameful and wrong…We’re gonna hold the press accountable.” Spicer then refused to take any questions from reporters. Yesterday, during an interview with CNN’s Chuck Todd, Senior Trump advisor Kellyanne Conway claimed that Spicer had presented “alternative facts” and after being pressed to answer Todd’s question on why Spicer repeatedly stated falsehoods at Saturday’s press conference Conway said that the Trump administration might have to “rethink their relationship” with the press. “In fact, the simultaneous attacks on the press for so called ‘inaccurate’ reporting and the use of what the administration calls ‘alternative facts’ to counter this reporting are reminiscent of an authoritarian government’s tactics, says Delphine Halgand, Director of RSF North America. The press freedom predators of the world are watching Trump and taking notes. It’s terrifying to think how much more brazen they will be in their attacks on journalists around the world now that the leader of the United States of America is setting a terrible example.” Inaugural incidents On Inauguration day, the U.S. Department of the Interior was banned from Twitter after its account retweeted photographs comparing this year’s inauguration attendance with that of Obama’s 2009 inauguration. In a statement from Jeffrey Ballou, President of the National Press Club, it was alleged that several credentialed reporters were denied access to cover inaugural events. RSF is aware of one such incident which barred CNN from covering the Deploraball on the eve of Inauguration. As riots broke out in Washington, DC on Inauguration day, Washington Post video reporter Dalton Bennett was thrown to the ground by police while covering the arrests of dozens of anti-Trump protesters and rioters. AJC photographer Hyosub Shin was pepper sprayed in the face while covering the same riots in DC. Three journalists were arrested along with rioters and protestors: Alexander Rubinstein from RT America, Evan Engel for Vocativ, and Aaron Cantu, a freelance journalist who has written for Al Jazeera, among other outlets. They have since been charged with participating in a riot and could face up to 10 years in prison and a $25,000 fine. The Guardian has reported that a documentary producer and 2 other journalists arrested while covering these events face the same charges. On January 27, a spokesperson from the United States Attorney’s Office for the District of Columbia told RSF that felony riot charges against Engel had been dismissed. On January 30, the same charges were also dismissed against Rubinstein and two other journalists. The US currently ranks 41 out of 180 countries in RSF’s 2016 World Press Freedom Index.Image credit: NICHOLAS KAMM / AFP News June 3, 2021 Find out more Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF says WhatsApp blocks accounts of at least seven Gaza Strip journalists RSF_en Help by sharing this information June 7, 2021 Find out more United StatesAmericas Condemning abuses Freedom of expression April 28, 2021 Find out morelast_img read more

12 Jun

NASA Extends JPL’s Juno Mission to Jupiter

first_imgScience and Technology NASA Extends JPL’s Juno Mission to Jupiter Mission expanded to explore Jovian rings, moons COURTESY OF JET PROPULSION LIBRARY Published on Wednesday, January 13, 2021 | 3:10 pm STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Community News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community Newscenter_img Subscribe STAFF REPORT First Heatwave Expected Next Week faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes NASA has extended both the Juno mission at Jupiter through September 2025 (left) and the InSight mission at Mars through December 2022. Credit: NASA/JPL-CaltechNASA has extended the Juno mission being managed by Jet Propulsion Laboratory in Pasadena to explore Jupiter through September 2025, expanding the science goals to include the overall Jovian system, made up of the planet and its rings and moons.In addition to continuing to explore the Solar System’s largest planet, NASA’s planetary orbiter will rendezvous with three of the most intriguing Jovian moons.“Since its first orbit in 2016, Juno has delivered one revelation after another about the inner workings of this massive gas giant,” said Southwest Research Institute’s Scott Bolton, Juno principal investigator. “With the extended mission, we will answer fundamental questions that arose during Juno’s prime mission while reaching beyond the planet to explore Jupiter’s ring system and largest satellites.”Proposed in 2003 and launched in 2011, Juno arrived at Jupiter on July 4, 2016. The prime mission operations will be completed in July 2021. The extended mission includes 42 additional orbits including close passes of Jupiter’s north polar cyclones and flybys of the Galilean moons Ganymede, Europa and Io, as well as the first extensive exploration of Jupiter’s ring system.The extended mission represents an efficient advance for NASA’s Solar System exploration strategy. The data Juno collects will complement the goals of the next generation of missions to the Jovian system — NASA’s Europa Clipper and ESA’s JUpiter ICy moons Explorer (JUICE). Juno’s investigation of Jupiter’s volcanic moon Io addresses many science goals identified by the National Academy of Sciences for a future Io explorer mission.The extended mission’s science campaigns expand on discoveries Juno has already made about Jupiter’s interior structure, internal magnetic field, magnetosphere and atmosphere, including its deep atmosphere, polar cyclones and auroras.“With this extension, Juno becomes its own follow-on mission,” said Steve Levin, Juno project scientist at JPL. “Close-up observations of the pole, radio occultations, satellite flybys, and focused magnetic field studies combine to make a new mission, the next logical step in our exploration of the Jovian system.”For example, scientists will target Jupiter’s enigmatic “Great Blue Spot,” an isolated patch near the planet’s equator exhibiting an intense magnetic field, deploying high spatial resolution magnetic surveys during six flybys. As Juno’s orbit evolves, multiple flybys of Ganymede (2), Europa (3), and Io (11) are planned en route to multiple passages through Jupiter’s tenuous rings.The natural evolution of Juno’s polar orbit around the gas giant provides new science opportunities that the extended mission capitalizes on.“The mission designers have done an amazing job crafting an extended mission that conserves the mission’s single most valuable resource — fuel,” said Ed Hirst, Juno project manager from JPL. “Gravity assists from multiple satellite flybys steer our spacecraft through the Jovian system while providing a wealth of science opportunities.” 77 recommended0 commentsShareShareTweetSharePin it Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Make a comment Herbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeauty10 Easy Tips To Help You Reset Your Sleep ScheduleHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeautyHerbeautyUnapologetic Celebs Women AdoreHerbeautyHerbeauty More Cool Stufflast_img read more

2 Jun

One suspect charged in purchase order scam

first_img Pinterest Kenneth Russell The Odessa Police Department has made one arrest in connection with a purchase order scam involving the theft of oilfield equipment, automotive parts and tires from several local businesses, with more arrests expected.Kenneth Randall Russell, 32, was charged at about 5:30 p.m. Wednesday after a theft was reported earlier that day by Loving Electric Company, where Russell was employed, an OPD news release stated. Russell reportedly made two purchase orders from suppliers totaling more than $10,000.The items consisted of copper wire and miscellaneous tools, the release detailed. Russell was later found and interviewed by detectives, where he admitted to appropriating the stolen property and selling it to pawn shops and metal scrap yards.Police charged Russell with theft of property, a state jail felony.Jail records show Russell was taken to the Ector County Detention Center Thursday. No bond was set as of Thursday morning.OPD Spokesman Steve LeSueur said Russell is connected to a number of recent felony theft reports from local businesses involving current or former employees filling out purchase orders with fake names and fake account numbers.The suspects are then selling or pawning the stolen property, the release stated, with one case involving about $30,000 worth of stolen tires.LeSueur said more arrests are expected in the investigation.OPD is encouraging local businesses to check identification cards and verify all information while completing purchase orders, and anyone with information regarding any of these recent cases is encouraged to contact OPD at 432-333-3641 or Odessa Crime Stoppers at 432-333-TIPS. Pinterest By admin – April 19, 2018 Facebook WhatsApp Twitter Facebook WhatsApp Twitter One suspect charged in purchase order scam Local NewsCrime Previous articleDAILY OIL PRICE: April 19Next articleHIGH SCHOOL FOOTBALL: Permian kicks off spring practice adminlast_img read more

31 May

Report: Investors Not Buying Into Housing Market

first_img Previous: The State of Fannie Mae’s Portfolio Next: Measuring RMBS Transactions July 1, 2019 1,680 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Housing Market 2019 Investor Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Report: Investors Not Buying Into Housing Market About Author: Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Although the housing market is booming and mortgage applications increasing by 40% to a three-year high, insight from Forbes found investors may still be wary of investing in housing. “I understand why no one wants to hear about housing. But you should want to hear about housing, because the evidence is overwhelming,” the article states. Rebounding from the housing crash of 2008, Forbes states that 2018 was also a “terrible year for housing,” as mortgage rates rose for the first time in five years, and the U.S. Home Construction ETF dropped 32%. The report, however, states that the market is nowhere near a bust, and that housing is still affordable for most Americans. Unisom’s 2019 Home Affordability Report, however, stated it now takes 14 years for those making a median income to save for a 20% down payment on a median-price homes, meaning many prospective millennial homebuyers won’t achieve homeownership until their 40s.The report states that the monthly payment needed to support a home purchase with a down payment of 20% grew by 12% between 2017 and 2018, far outpacing the growth of income during that period of 6%.The Forbes report also downplayed the notion that millennials will not enter the housing market. “Census Bureau figures show the number of households in America just hit an all-time high at 122 million,” the Forbes report stated. A survey from SunTrust found that more millennials are focusing on homeownership before marriage, as the survey found that among more than 2,000 U.S. adults, nearly half of millennials (aged 22-38) who have been married say they and/or their spouse owned a home before marriage (48%), compared to only 35% of baby boomers (ages 55-73).”People are choosing from many different paths and reaching common life milestones at a wider age span than before, changing when they decide to purchase a home,” said Sherry Graziano, Mortgage Transformation Officer at SunTrust.The survey also found that an increasing number of couples are entering marriage where both individuals own a home. According to the survey, 25% of unmarried women and 21% of unmarried men said, if faced with this decision, they would prefer to sell both places and buy a new one after getting married.  Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Sign up for DS News Daily in Daily Dose, Featured, Investment, Newscenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Report: Investors Not Buying Into Housing Market Demand Propels Home Prices Upward 2 days ago Related Articles Share Save Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Housing Market 2019 Investor 2019-07-01 Mike Albanese  Print This Post Subscribelast_img read more

12 May

Employers must see the person, not the disability

first_img Previous Article Next Article Comments are closed. With thelaunch of the Disability Rights Commission campaign this week, Prime MinisterTony Blair, writing exclusively for Personnel Today, argues that disabledemployees benefit businessHumanresources professionals need little convincing about the contribution peoplewith disabilities make in the workplace. They know that the talent and commitmentof disabled workers will compensate for the small costs of any necessaryequipment or adaptations many times over.In this, HRmanagers and the Government are in agreement – disabled people face enoughchallenges without society creating new ones. The shared challenge for us is toconvince employers and managers that providing disabled people with a fairchance in the workplace is not a burden or even just an opportunity to do theright thing, but can also benefit business performance.The heartof this challenge is tackling prejudice and preconceptions – often held bydecent, well-meaning people who make assumptions based on ignorance. In a way,they too are trapped in a cycle where disabled people are assumed to beincapable of taking up work, and are therefore excluded from the workplace asthey are from so many other parts of society. This, in turn, denies disabledpeople the chance to show what they can achieve, so perpetuating thestereotypes that hold them back in the first place.TheGovernment is working to create the right economic and social conditions sothat everyone can fulfil their potential. As part of this, we are committed tohelping disabled people break down the barriers they face – from school onwards– and challenging preconceptions. Where necessary, this is backed by law toensure that civil rights are enjoyed by all. But it is also providing practicalhelp both to disabled people and prospective employers to ensure that disabledpeople can compete for jobs on equal terms.So,alongside full implementation of the Disability Discrimination Act, and bigincreases in benefits for those who need them most, we have set up the New Dealfor Disabled People, which will be extended nationally next July. This willcapitalise on the excellent work it has done already in helping more than 5,000disabled people into jobs.We havealso provided more practical advice and assistance to help employers recruitand retain disabled people, and ensure their existing employees can stay inwork if they develop a disability or long-term illness. The Access to Workscheme provides practical advice and support to disabled people and theiremployers to help overcome work-related obstacles resulting from disability. The newDisability Rights Commission is an example of this comprehensive approach. Itprovides advice as well as ensuring rights are understood on all sides and, ifnecessary, can be enforced. I want the commission to come to be seen – and Iknow the commission agrees about this – not as a police force for a set oflegal obligations but as a resource to help firms make the changes they need tobring more disabled people into the workforce. It is certainly a resource whichwe in government need to use fully. Although there have been advances –including in my own office – government as a whole is still behind where weshould be. Often thesechanges are so minor that they are a drop in the ocean compared to the widercosts of recruitment. The average cost of adaptations in the workplace is about£50 for each disabled employee. And with a million more people in work thanthree years ago, and the Government committed to the long-term aim of fullemployment, meeting the needs of disabled people will, I believe, become a moreimportant way for companies to attract quality employees.In the end,all that disabled people want is the chance to show what they can do. Allemployers need to do is to see the person, not their disability, and thendecide if they have the skills for the job. And forgovernment – as for HR professionals – the task is to convince employers andmanagers that it is often that easy. And when it is more difficult, there ishelp at hand. Related posts:No related photos. Employers must see the person, not the disabilityOn 12 Dec 2000 in Personnel Todaylast_img read more

7 May

Propertymark declines to reveal how much its ‘misdefinition’ VAT cheque cost

first_imgHome » News » Associations & Bodies » Propertymark declines to reveal how much its ‘misdefinition’ VAT cheque cost previous nextAssociations & BodiesPropertymark declines to reveal how much its ‘misdefinition’ VAT cheque costPropertymark says its finances are now on a ‘sure footing’ and that the VAT declaration to HMRC was entirely voluntary.Nigel Lewis21st July 202001,337 Views Propertymark has declined to comment on how much it paid HMRC last year after it was discovered that it significantly under-paid VAT through a ‘mis-definition’ of its liabilities and exemptions over several years.The error was highlighted within its annual accounts published prior to its annual meeting on 1st July, held via Zoom.In the report, on page 14 it says: “The Finance department has undergone a major review of its processes, systems and procedures.“As part of gaining that financial stability we have identified that our tax position was not properly ordered and that has led to a significant payment to HM Revenue and Customs of outstanding VAT which has arisen through mis-definition of our liabilities and exemptions over a number of years.“We are confident that Propertymark’s finances are now on a sure footing.”Membership dipWriting large cheques to HMRC has not come at an ideal time – Propertymark’s annual report warns of likely reductions in membership in the coming months as Covid forces more agents to shut up shop or sell their businesses to competitors.“To ensure financial stability for the future and recognising the potential pressures on Group income the organisation continues to review its operating procedures,” its annual report says.The Negotiator approached Propertymark to ask how large the payment was to HMRC. In response a Propertymark spokesperson said: “The financial accounts were signed off at the AGM and as the Head of Finance said at the AGM, the VAT declaration was an entirely voluntary declaration.”But industry consultant Andrew Stanton says the VAT error is ‘serious’ because “it’s the government who passes acts of law that legislate on how homes are sold and rented in the UK and it takes great store from industry bodies.“As such these bodies should be decent and fit for purpose; if judged by the proposed ROPA guidelines would the NAEA Propertymark fail muster?”.Propertymark earlier this month announced a major restructure of the organisation following the retirement of NAEA chief Mark Hayward.HMRC propertymark VAT July 21, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

4 May

HII to build US Navy’s first Flight III destroyer

first_imgBack to overview,Home naval-today HII gets contract to build US Navy’s first Flight III Arleigh Burke-class destroyer View post tag: Arleigh Burke-class View post tag: DDG 125 HII gets contract to build US Navy’s first Flight III Arleigh Burke-class destroyer View post tag: Flight III Arleigh Burke June 28, 2017 The U.S. Navy has awarded Huntington Ingalls Industries’ Ingalls Shipbuilding division a contract modification to incorporate the “Flight III” upgrades to the Arleigh Burke-class (DDG 51) guided missile destroyer Jack H. Lucas (DDG 125).The ship is the fifth of five destroyers the company was originally awarded in June 2013.DDG 51 Flight III will incorporate the new Advanced Missile Defense Radar (AMDR) that will replace the existing SPY-1 radar installed on the previous DDG 51 ships. To support the new Flight III systems, the installed power and cooling will be increased accordingly.Flight III destroyers will operate with more personnel, have a wider stern to increase ship’s buoyancy and will have a modified deckhouse to accommodate the radar’s size and weight.HII withheld the value of the flight upgrade modification “due to business sensitivities”.“We have proven our success in the DDG 51 class over the past 30 years, and our shipbuilders are ready now to build the first Flight III ship,” Ingalls Shipbuilding president Brian Cuccias said. “This will be the 35th Aegis destroyer we will build for the U.S. Navy in what has been one of our company’s most successful programs. These ships are in high demand, and this Flight III ship will be the most capable DDG 51-class ship ever built.”DDG 125 is the first ship named for Capt. Jack H. Lucas, who, at the age of 14, forged his mother’s signature to join the U.S. Marine Corps Reserves during World War II. Lucas, then a private first class in the Marine Corps, turned 17 just five days before the U.S. invasion of Iwo Jima and stowed away on USS Deuel (APA 160) to fight in the campaign. During a close firefight with Japanese forces, Lucas saved the lives of three fellow Marines when, after two enemy hand-grenades were thrown into a U.S. trench, he placed himself on one grenade while simultaneously pulling the other under his body. One of the grenades did not explode; the other exploded but only injured Lucas.Lucas is the youngest Marine and the youngest service member in World War II to receive the Medal of Honor. Authorities View post tag: HII View post tag: US Navy Share this articlelast_img read more