12 Jan

Decomposed body of woman found in trench

first_imgDead: Diwantie LakerajThe partially decomposed body of a woman was on Friday morning discovered in a trench at Port Mourant, Corentyne, Berbice.The woman has been identified as 60-year-old Diwantie Lakeraj also called “Christmas” of Lot 66 Freeyard, Port Mourant.The body was discovered face down floating under a bridge at Dispensary Dam. The discovery was made at about 06:00h by persons who were making their way to work. Initial checks revealed no marks of violence on the body.She was identified by the clothing she was wearing by a sister. “Christmas” reportedly left home on Tuesday for church at Albion, Berbice, and never returned home. She reportedly lived alone.The woman is popularly known around the Port Mourant and Rose Hall Town areas where she solicits money and food from passersby.Asodra Ramana, the dead woman’s sister related that the body was found in a crouching position while adding that in the past, she would suffer seizures. It is believed that the woman suffered from one of them and fell into the trench.Her body is currently at the Bailey’s Funeral Home awaiting a post-mortem. Police are investigating the circumstances surrounding the woman’s demise.last_img read more

18 Dec

Imbizo boost for entrepreneurs

first_imgRay Maota The only women graduate, Elizabeth Mokoena (second left), with Imbizo mentor Gideon Selopyane (left); Cedric Buffler, founder of Trident Institute (right); and Debra Marsden, head of business transformation and public affairs at Wiphold. Graduate Ibrahim Baku praised the credibility of the programme saying it wasn’t just corporates trying to look good, and it brought value to his business. Oosthuizen said that Nedbank viewed the small and micro business sector as the lifeblood of the country’s economy. (Images: Ray Maota) MEDIA CONTACTS • Nkosinathi Msiza  Nedbank: Communications  +27 11 295 5360 RELATED ARTICLES • SA’s competitiveness consistent • Investment incentives portal launched • Insights into doing business in SA • Citizens in charge of their destinyTen small business owners from Kliptown, Soweto – part of 48 selected in three provinces – have graduated from an eight-month pilot business programme aimed at helping them improve their business skills and sustain their livelihoods.The inaugural Imbizo Business Acumen Programme is sponsored by long-term insurance company Old Mutual, along with affiliates Nedbank and Women Investment Portfolio Holdings (Wiphold), an investment company focused on the empowerment of black businesswomen.Sixteen graduates received their programme certificates in Mpumalanga on 11 October, while earlier in the month, on 5 October, the Eastern Cape village of Centane saw five of its own graduate from the course, which began in March. The Kliptown ceremony was held on 13 October.Training focused on management skills for income and bank accounts, establishing a market for their specific business and understanding input costs to ensure the growth of their enterprises.A random selection of business owners from Kliptown and the neighbouring areas of Pimville and Eldorado Park took part. Tutorials were held at the Soweto Kliptown Youth centre and a local church alternately. The two criteria, according to the organisers, were that candidates have to be literate as the course involved a lot of writing, and that their businesses are at least six months old.Nedbank’s head of black business partnerships and alternative segments, Jake Oosthuizen, said his company believes in the small and micro business sector, viewing it as the lifeblood of the country’s economy.“Through the Imbizo programme,” he said, “we affirm that belief and our commitment towards building a sustainable economy by supporting the sector, which has the potential to create jobs.”Old Mutual’s support of the programme is made possible through its Masisizane Fund, formed in 2007 from unclaimed shares left over from the company’s demutualisation process.The fund operates as a non-profit company in consultation with the national treasury, and has a mandate that includes developing disadvantaged businesses with the potential of creating jobs, while also ensuring its own sustainability and growth.“We are excited about the success of this programme,” said Masisizane CEO Simphiwe Somdala. “We are hopeful that it will really assist these small businesses to increase their contribution to the country’s economy in the long run.”Retaining Kliptown’s pulseThe Kliptown graduates all run businesses in and around the township. These range from small spazas (small, makeshift shops for daily amenities, usually run from the owner’s home) and taverns to general dealers who supply the township’s catering and retail sector, tourism-orientated operations like tour guides, and those providing IT solutions to the general public and other businesses.Jabu Masuku runs a general dealership, and at the end of the programme committed himself to resisting the urge to help himself to money in the cash register, a habit he had developed to cover living costs not related to the business.“During the programme, we talked about how people from other neighbourhoods own shops in our area, capitalising on the needs of their market,” he reflected.“They take money out of the region, which is not good for its development.”Businesses in the area should benefit the people of Kliptown, he added.Ibrahim Baku, who also runs the same kind of business, praised the credibility of the programme.“We had to submit three months’ worth of data pertaining to our businesses,” he said, “and the improvement the course has made shows that it’s not just for the companies involved to look good.”Success start inwardsKarabo Songo, MD of Olive Communications, was the keynote speaker at the Kliptown event, and he encouraged the graduates to use the tool they had just earned to succeed.“I have always believed that success starts inwards and flows outwards,” he said. “We all have dreams but what is funny is that they diminish as we grow older.”Songo added that the business owners needed to own their success. “If you own a spaza, you need to be able to say it’s the best spaza in your area or region.”Investing in travelling, he said, would expose the graduates to how other businesses similar to theirs are run, which could have an indirect impact on how they run theirs.“Travel is the only thing you buy that makes you richer,” said Songo. “Seeing what others do outside your environment opens up your mind and makes you a lateral thinker.”The graduates were also told to always have positive thoughts for themselves and their business as they are only confined by the walls they build themselves by having negative thoughts.last_img read more

18 Dec

Sanlam buys stake in Malaysian firm

first_img22 May 2013 South African financial services provider Sanlam has acquired a 49% stake in Malaysian short-term insurer Pacific & Orient Insurance Co. Berhard (POI) worth about R814-million. “This transaction is our first foray into the southeast Asia region,” Sanlam Emerging Markets chief executive officer, Heinie Werth, said in a statement on Monday. It forms part of Sanlam’s strategy to pursue growth opportunities in selected emerging markets. “We believe that this transaction will provide us with a platform to gain an understanding of the region and a footprint on which to expand.” POI was established in 1972 and is fully owned by Pacific & Orient Berhad. Its focus is motorcycle insurance; it is the largest motorcycle insurer in Malaysia, with a 40% market share in the sector. “We believe there is a good cultural fit between POI and Sanlam, which will facilitate our focus on strengthening our relationship to drive business growth and establish a mutually beneficial and sustainable partnership,” Werth said. Sanlam also believes that the Malaysian business environment, where the regulator is encouraging international partnerships for local companies, is conducive to growth. “POI is an established entity with a robust business model and a strong market position,” he said. “We are confident that the company offers us a relatively low risk entry into the market and a platform for growth. “We look forward to the partnership with Sanlam and the technical expertise that they will add in exploring future growth opportunities,” said POI’s managing director, Chan Thye Seng. SAinfo reporterlast_img read more

29 Nov

Yap owns up to missed free throws in loss to TNT

first_img“Those mistakes are mine, I will owe up to those misses,” said Yap, who had a game-high 23 points but went 3-of-7 from the free throw line. “I shut down the distractions, but I missed. The other one went in and out, but those misses are parts of the game.”Yap’s first two misses came with 51 seconds left with the game tied at 101.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSMalditas save PH from shutoutSPORTSPrivate companies step in to help SEA Games hostingTNT’s rookie guard RR Pogoy took advantage of Yap’s errors and drilled a long jumper that put the KaTropa ahead for good, 103-101, with 26 seconds remaining.Yap had another chance to tie the game but the most he got was a split. Every 18 seconds someone is diagnosed with HIV View comments Kerber first top seed to lose in 1st round of French Open Don’t miss out on the latest news and information. MOST READ BSP survey: PH banks see bright horizon amid dark global recession clouds BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Lacson: SEA Games fund put in foundation like ‘Napoles case’ Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games Panelo suggests discounted SEA Games tickets for students PLAY LIST 01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast “I regret missing those free throws, if only I could turn back time but I missed. I can’t do anything about it,” said Yap, who finished the conference with a 63 percent conversion rate from the line.“I will own up to my mistakes and move on from there.”Sports Related Videospowered by AdSparcRead Next Pagasa: Storm intensifies as it nears PAR LATEST STORIES PBA IMAGESANTIPOLO—Rain or Shine swingman James Yap took full responsibility of his late-game blunders that allowed TNT to take a 105-102 victory in the PBA Commissioner’s Cup Sunday at Ynares Sports Center here.Those mistakes included three straight missed free throws in the final minute of the game that could’ve tilted the game into the Elasto Painters’ favor.ADVERTISEMENT Palace: Duterte to hear out security execs on alleged China control of NGCPlast_img read more

18 Nov

Brady Denies Football Tampering

first_imgNEW YORK — Tom Brady denied under oath to NFL Commissioner Roger Goodell that he tampered with footballs before the AFC title game, and investigator Ted Wells said in a transcript that he never warned the New England Patriots quarterback he would be punished if he didn’t turn over his cellphone.In a 457-page transcript released on Aug. 4, Brady maintained his innocence in the NFL scandal known as “Deflategate.”He denied discussing air level with the ballboys or even thinking about how inflated the footballs were when he selected them. He also said he’s never asked anyone from the Patriots to tamper with footballs.Brady was suspended four games and the team was docked $1 million and two draft picks after a NFL-sanctioned investigation by Wells found the Patriots supplied improperly inflated footballs for the conference championship game against the Indianapolis Colts, which New England won 45-7.Brady appealed the punishment. Goodell decided to hear the appeal himself and upheld the penalty. Both sides went to federal court, and U.S. District Judge Richard Berman told the sides to work out a settlement. To encourage them, he ordered both Brady and Goodell to appear in court in person during the NFL preseason.The transcript filed by the NFL Players Association included the appeal testimony from Brady and Wells on June 23. Wells explained that he did not believe Brady had nothing to do with the ball deflation because the quarterback refused to provide all of the documents that were requested.“In my almost 40 years of practice, I think that was one of the most ill-advised decisions I have ever seen because it hurt how I viewed his credibility,” Wells testified. “It hurt my assessment of his credibility for him to begin his interview by telling me he declined to give me the documents.”Wells’ investigation found text messages between Brady and a pair of equipment managers — one of whom referred to himself as “the Deflator” — discussing the preparation of footballs for the Jan. 18 game. The Patriots advanced to the Super Bowl and beat the Seattle Seahawks 28-24 for Brady’s fourth NFL title.Although Wells asked repeatedly for Brady’s cellphone, the investigator also testified: “I did not tell Mr. Brady at any time that he would be subject to punishment for not giving — not turning over the documents. I did not say anything like that.”Brady’s lawyers have said that the league made up its rules without proper notice to Brady, and that it didn’t follow its rules at all in some cases.They have also questioned whether Goodell was independent enough to conduct a fair hearing, even though the collective bargaining agreement gives him that authority.(JIMMY GOLEN, AP Sports Writer)TweetPinShare0 Shareslast_img read more