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Masimba Holdings Limited (MSHL.zw) 2019 Annual Report

first_imgMasimba Holdings Limited (MSHL.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2019 annual report.For more information about Masimba Holdings Limited (MSHL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Masimba Holdings Limited (MSHL.zw) company page on AfricanFinancials.Document: Masimba Holdings Limited (MSHL.zw)  2019 annual report.Company ProfileMasimba Holdings Limited is a well-established company in Zimbabwe providing engineering and infrastructure solutions to the agricultural, commercial and corporate sector as well as housing, mining, public and water sectors. The company has three operation divisions; Masimba Construction Zimbabwe, Proplastics and Property Development. Masimba Construction is responsible for design, development, planning, engineering and construction of commercial buildings, private housing developments and earthwork projects in Zimbabwe, and the fabrication and erection of structural steel. The other subsidiaries offer turnkey engineering solutions to the construction industry, aswell as provide reinforcement steel, steel fixing, wire mesh and cutting and bending products. Masimba Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Friday Funnies – The Kurtley Beale falcon

first_imgFriday Sep 10, 2010 Friday Funnies – The Kurtley Beale falcon It’s almost been a week since the incredible test match between the Boks and the Wallabies in Bloemfontein. Who will ever forget the way the game was won, with Kurtley Beale slotting the match winning kick. He will be remembered for another great moment too though, this classic falcon a few minutes from time. ADVERTISEMENTYoung Kurtley Beale has been moved around a lot throughout his short career. A star junior, Beale was touted to make the transition as a top class flyhalf. Things didn’t quite go to plan though, despite coaches desperate to get a man of his talent on the park.He’s played flyhalf, centre, and now finds himself at fullback, a position he’s shone at of late. The man himself says he’s just happy to be in the mix. “Wherever I’m needed I’ll be more than happy to help out, but at the moment we’ve got Quade, Berrick Barnes, Matt Giteau and Anthony Faingaa at flyhalf and centre,” said Beale.“I want to concentrate on one position, though. If you get chucked around you don’t work on the little things you need to pay attention to.”In the last two tests he’s showed his flair, with one break in particular at Loftus Versfeld tearing through the heart of the Springbok defense. It was in Bloemfontein though that we all witnessed this classic falcon (an Aussie term for being hit in the head by the ball).It led to three points for the Springboks, and high embarrassment for Beale, but the measure of the man was seen only a few minutes later as he stepped to slot the winner penalty from over 50 meters out.“I didnt know who was supposed to take the kick; I was busy looking for Gits, but hed left the field. But most of the guys wanted me to take the kick, and I knew I had to stick to the process and not worry about the crowd. I hit it well, but I saw it drifting and I had to wait until the touchies raised the flags,” said Beale afterwards.ADVERTISEMENT“Its definitely a career highlight. To win a match for the Wallabies, it doesnt get better.”Coach Robbie Deans was full of praise for his side, and for Beale, who he had faith in.“I knew it was always going to be a good prospect with KB [Beale],” Deans said. “It must have been pretty humiliating to take a ball in the head in front of a capacity crowd, but he showed a lot to nail that kick,” he added.Both are classic moments from a fantastic test match, so this clip captures a bit of both.ADVERTISEMENTTime: 01:08 Posted By: rugbydump Share Send Thanks Sorry there has been an error Funnies Related Articles 12 WEEKS AGO The results of face-swapping Six Nations… 12 WEEKS AGO Bristol have released another ridiculous… 13 WEEKS AGO WATCH: 120kg prop leaves Scottish player…last_img read more

Ruby Springs PREFAB / Medicine Hat Inc.

first_imgRuby Springs PREFAB / Medicine Hat Inc.Save this projectSaveRuby Springs PREFAB / Medicine Hat Inc. ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/155732/ruby-springs-prefab-medicine-hat-inc Clipboard Save this picture!©  Will Brewster / Medicine Hat Inc.+ 12 Share Photographs:   Will Brewster / Medicine Hat Inc.Text description provided by the architects. The Ruby Springs PREFAB by Medicine Hat Inc. exhibits the best attributes of the modular prefab home. Set against the mountains and trees of the Montana landscape this residence connects to its surroundings both with materiality and porosity. The prefabricated nature of the structure has left its landscape and natural beauty untouched. Save this picture!©  Will Brewster / Medicine Hat Inc.Recommended ProductsWindowsFAKRORoof Windows – FPP-V preSelect MAXWoodEGGERLaminatesDoorsdormakabaEntrance Doors – Revolving Door 4000 SeriesWoodBlumer LehmannFree Form Structures for Wood ProjectsA careful consideration of existing conditions and views creates the optimal orientations and directionalities of the prefabricated modules and the scheme of screens. Save this picture!©  Will Brewster / Medicine Hat Inc.The humble abode is made up of five modular sections which were constructed 130 east in Gallatin Gateway. When transported the components were assembled and the new structure established within the day. Save this picture!©  Will Brewster / Medicine Hat Inc.A system of operable hydraulic screens on the exterior of the building encloses outdoor patio and porch spaces. These screens act as filters for both light and view. Easily operable, these screens can be raised to allow for more porosity or kept in place for visual interest. When raised the screens act as a cantilevered canopy. As the light moves across the closed screens shadows slide across surfaces creating an ever changing façade. Save this picture!©  Will Brewster / Medicine Hat Inc.A series of sliding “barn” doors also encloses parts of the interior. When raised the landscape becomes an extension of the living area. The material of the interior and exterior faces blend together and the natural browns of the surrounding mountains and hayfields become one with the structure.Save this picture!©  Will Brewster / Medicine Hat Inc.Project gallerySee allShow lessLibrary Of The Present: Communal Information In Physical SpaceArticlesPlanned City of Palmas / Urban Recycle Architecture StudioArticles Share Houses “COPY” ArchDaily United States ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/155732/ruby-springs-prefab-medicine-hat-inc Clipboard “COPY” Architects: Medicine Hat Inc. Photographs Ruby Springs PREFAB / Medicine Hat Inc. Projects CopyHouses•United States CopyAbout this officeMedicine Hat Inc.OfficeFollowProductsWoodGlass#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesUnited StatesPublished on August 06, 2011Cite: “Ruby Springs PREFAB / Medicine Hat Inc.” 06 Aug 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldIntegrating Operable Walls in a SpaceGlass3MSafety Window Films in Associated Watch and Jewelry BuyersFaucetshansgroheKitchen Mixers – Talis MWindowsAir-LuxSliding Windows for High-Rise BuildingsSignage / Display SystemsGoppionDisplay Case – B-ClassGlassLAMILUXGlass Roof PR60Manuals & AdviceSikaFirestop SystemsMetal PanelsAmerican MetalcraftRainscreen – RS300Curtain WallsRabel Aluminium SystemsMinimal Curtain Wall – Rabel 35000 Slim Super ThermalWaste Containers / Recycling BinsPunto DesignLitter Bin – PapilonSound BoothsFramerySoundproof Phone Booths – Framery OneCarpetsnanimarquinaRugs – ShadeMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Farm workers win big over Darigold

first_imgThe United Farm Workers union just scored a big victory over 500-farm dairy producer Darigold in the Pacific Northwest. For years farm workers have been struggling at Darigold against racist and sexist harassment, along with brutal and unsafe working conditions.The “Darigold Dozen” — 12 dairy farm workers — filed a wage and hour lawsuit against Darigold member Ruby Ridge farm in 2009. The dozen have finally won their lawsuit and will recover the wages they charge were stolen by Ruby Ridge.  Darigold has also agreed to drop its lawsuit against the UFW and the 12 individual workers, which was filed in retaliation for the workers seeking to recover their wages.In April the UFW held a large picket line at a Starbucks shareholders’ meeting in Seattle.  Starbucks is a huge consumer of Darigold milk. Civil rights leader Jesse Jackson came to the UFW picket line and spoke out in solidarity with the workers during the Darigold struggle.The UFW vowed in a press release that it is still continuing its fight to protect workers at Darigold from retaliation, sexual harassment and unsafe, even deadly, working conditions. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

70 arrested in NYC demanding ‘close the camps!’

first_imgHundreds of people demanding the closing of detention camps on the U.S.-Mexico border joined in an energetic protest that began at the New York Public Library in Manhattan on Sept. 14. Protesters marched to Microsoft’s 5th Avenue store where they sat in the entrance demanding that the company stop doing business with the Immigration and Customs Enforcement agency. When the activists moved onto 5th Avenue, police arrested more than 70 people. A coalition of organizations called the “Close the Camps” action.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img

Open letter to the Yahoo! chairman

first_imgNews News Follow the news on China News After Yahoo! signed the self-censorship pact drawn up by the Chinese government, Reporters Without Borders expressed its consternation. News Help by sharing this information Paris, 16 July 2002 Receive email alerts Robert MénardGeneral Secretary Reporters Without Borders wishes to express its consternation following the announcement that the Chinese language version of the Yahoo! web site is among the 300 web sites and Internet Access Providers that have signed the self-censorship pact drawn up by the Chinese government. The “self-discipline Pact” submitted to the operators on 16 March 2002 by the Chinese Internet Association, and signed by your local representative, is nothing more than a further escalation of the authorities’ attempt to control the circulation of information on the Net, and to put a gag on any form of criticism or any exercising of the right to freedom of expression. In signing this “Pact”, Yahoo! has agreed “not to produce or disseminate harmful documents or any information that could jeopardise national security or social stability; to infringe laws and regulations; to spread false information, superstition or obscenity”. The text also stipulates “the web sites’ cooperation in the fight against Internet crime and the failure to comply with copyright laws”. Reporters Without Borders asks you to seriously consider revoking this decision and withdrawing your signature, and urges you to reject this practice of self-censorship of the content of your web site. By giving up your right to the freedom of expression, by hampering the circulation of information on the Net, by depriving your clients of a rich and varied content, you are demolishing the very foundations of the Internet and of democracy. And you are going against the very history of your own enterprise.By its very nature and since its inception, the Internet has been a vector for the transmission of information and of knowledge, of free exchanges between citizens, peoples and cultures; an area of freedom of expression; a weapon against censorship. And Yahoo! has always defended its image as an “historic” operator in the development of the Web; a pioneer fiercely protective of its independence and that of the web sites hosted on its portals – including controversial web sites.Reporters Without Borders has, in the not so distant past, defended you – when the controversy over the auction of nazi memorabilia on one of your sites was in full swing in France. Our organisation did that in the name of the total freedom from which the Internet should benefit.Reporters Without Borders also fights for the right of Chinese Internet users and operators to enjoy that same freedom. And it has to be recognised that this is not the situation today.The Chinese government has been trying to control the Net since 1997. After having attempted, in vain, to confine the Internet community within its national borders, it then adopted a policy of censorship and self-censorship; of controlling, filtering and spying on web sites and Internet users; a widespread policy of arrests and convictions of cyber-dissidents.Today, 22 of these are behind bars, simply for having downloaded documents about democracy or for having criticised the authorities or the Communist Party. Dozens of international media or human rights organisations’ web sites cannot be accessed from China. For a number of months now, the Internet police and local authorities have been trying to eradicate Internet cafés. Several thousand of these have been forced to shut down. They will only be allowed to reopen if they submit to the government’s demands, notably that of installing spyware products on their computers.Is this really the kind of cyberspace in which Yahoo wants to develop its activities? Is it to enslaved Internet users, whose every move and gesture is controlled, that Yahoo! intends to offer its services? We sincerely hope not.We strongly urge you, therefore, to denounce the signing of this “Pact” and to work, on the contrary, towards the democratic opening-up of the Internet in China. If you fail to do this, the Internet community will have to record that Yahoo! is no longer a “free” operator, attached to freedom of expression on the Internet.Yours sincerely, April 27, 2021 Find out more June 2, 2021 Find out more ChinaAsia – Pacific China: Political commentator sentenced to eight months in prison to go further July 16, 2002 – Updated on January 20, 2016 Open letter to the Yahoo! chairman Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes Organisation ChinaAsia – Pacific China’s Cyber ​​Censorship Figures RSF_en Mr Terry SemelChairman & CEO Yahoo! Inc.701 First AvenueSunnyvale, California 94089United States -For more informations about the censorship of Internet in China, read “The chronicles of the repression” by Reporters without borders March 12, 2021 Find out morelast_img read more

WOC-Led Venture Capital Firm Fearless Fund Backs Data Analytics Platform Streamlytics

first_img ATLANTA–(BUSINESS WIRE)–Feb 23, 2021– Fearless Fund, the first VC fund built by women of color, for women of color, has recently invested in Streamlytics, an ethical data collection company that is working to form proactive relationships with consumers. The data platform, which quietly joined Fearless Fund’s portfolio last fall, was founded by technology and diversity pioneer Angela Benton in 2018, to unify and protect the troves of data produced by consumers across their digital footprint. “We’re thrilled to welcome Streamlytics into the Fearless Fund portfolio,” says Arian Simone, General Partner and Co-Founder of Fearless Fund. “Angela has long been a champion for diversity in the widely underrepresented technology industry and we are proud to invest in her company. Streamlytics is transforming what data ownership means for communities of color.” This investment marks a milestone in Fearless Fund’s efforts to not only support WOC-founded businesses but also close the gap between the minority women who account for 89% of new businesses opened every day and the less than 1 percent of WOC-businesses who receive funding. “We’re proud to announce our partnership with Fearless Fund, whose priorities and goals of unification and representation mirror those of Streamlytics,” said Angela Benton, founder and CEO of Streamlytics. ”We are grateful to be a part of the team and look forward to our continued collaboration to enhance the experience of people of color in tech and encourage diversity throughout the overall industry.” Launched in 2019, Fearless Fund invests in WOC-led businesses seeking pre-seed, seed level or series A financing. Its mission is to bridge the gap in venture capital funding for female founders of color building scalable, growth aggressive companies. The Fearless Fund team also runs The Fearless Foundation, a 501c3 organization with a goal to educate entrepreneurs through training, reduce racial inequities, and empower African-Americans to gain access to capital, as well as the Get Ready Venture Program, a 12-month training program for WOC business owners to acquire the needed training, mentorship, knowledge, and skills needed to gain access to capital. For more information, please visit www.fearless.fund or www.streamlytics.co. About Fearless Fund Fearless Fund invests in women of color led businesses seeking pre-seed, seed level or series A financing. Our mission is to bridge the gap in venture capital funding for women of color founders building scalable, growth aggressive companies. Fearless Fund is built by women of color, for women of color. About Streamlytics Streamlytics provides ethical, human powered data from today’s fastest growing communities across the United States spanning millions of data points. Streamlytics unlocks the power of actual usage data, reflective of how people create data today across all types of platforms, simultaneously. Learn more at Streamlytics.co. View source version on businesswire.com:https://www.businesswire.com/news/home/20210223005307/en/ CONTACT: AZIONE PR Alexis Ford [email protected] KEYWORD: UNITED STATES NORTH AMERICA GEORGIA INDUSTRY KEYWORD: FINANCE CONSULTING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SOURCE: Fearless Fund Copyright Business Wire 2021. PUB: 02/23/2021 09:00 AM/DISC: 02/23/2021 09:01 AM http://www.businesswire.com/news/home/20210223005307/en Pinterest Facebook Facebook WhatsApp Twitter Previous articleTeradata Joins Open Manufacturing PlatformNext articleL3Harris Technologies Awarded Four Additional Payload Mission Data Units for GPS III Follow-on Contract Digital AIM Web Support WhatsAppcenter_img TAGS  By Digital AIM Web Support – February 23, 2021 Twitter WOC-Led Venture Capital Firm Fearless Fund Backs Data Analytics Platform Streamlytics Pinterest Local NewsBusinesslast_img read more

Following Mortgage Fintech Into the Future

first_imgSubscribe Share Save Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Following Mortgage Fintech Into the Future About Author: Scott Dai Following Mortgage Fintech Into the Future in Daily Dose, Featured, Print Features, Servicing  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Scott Dai leads EY FinTech in the Southwest with over 18 years’ financial services industry experience from strategy to operational execution, disruptive capabilities, and technology transformation for top U.S. and global financial services firms. Responsibilities involve resolving complex, enterprise-level issues to designing for the future through delivering with large teams across disciplines. Other passions and responsibilities include talent evaluation and acquisition, operationalizing digital, fintech, and automation capabilities. Previous: Freddie Mac Fund to Help Homeless and Displaced Next: HUD Offers Foreclosure Relief to Tornado Victims Servicers Navigate the Post-Pandemic World 2 days agocenter_img Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Editor’s note: This feature originally appeared in the March issue of DS News, out now. Over the past several years, the largest U.S. banks have invested billions in fintech and fintech startups to strengthen their offerings and position these organizations with new market entrants, evolving technologies, and changing customer preferences. Banks such as JPMorgan Chase (JPMC) have emphasized an enhanced digital profile. Campaigns like “Mobile First, Digital Everything” cater to the 60 percent of U.S. banking consumers who have said they’d be willing to try a financial product from a bank they already use. This rate is higher (83 percent) for younger customers. JPMC also recently launched a pilot for JPM Coin aimed at reimagining how they would like to handle institutional payments.Launched in 2017 and 2016, respectively, peer-to-peer payment app Zelle and artificial intelligence assistant Erica have driven digital activity and subsequent sales from Bank of America’s (BofA) growing pool of 35 million digital customers. BofA’s peers have made similar investments in their retail banking businesses to cater to their customers’ evolving expectations.The largest banks have primarily focused on three fintech investment categories over the past several years: payments and settlements, data analytics, and financial services customer experience. These categories comprise more than 55 percent of all fintech investments made by these banks over the same time. Research suggests these investments will be used to support existing products and customer segments. Multiple fintech startups have received syndicated investments from these banks. Large banks have been active in redefining their strategy and investment in fintech capabilities. Consumer and investment banking continue to be the key focal points for large banks’ agendas through their dominance in market presence and innovation budget (e.g.,artificial intelligence, blockchain). Now, they are leveraging these capabilities and services to win in the traditionally relationship-driven markets such as small business, community, and commercial banking.It’s not a coincidence that JPMC purchased WePay, a small-business payments service, as its first major financial technology purchase. Throughout the organization, the message is consistent: win the customer through enhanced digital customer experience by focusing and investing heavily in financial technology. Another way that large banks have been redefining themselves is essentially building a new bank catering to a new generation without the traditional silos.Goldman Sachs has been building and acquiring capabilities for the last couple of years. It launched Marcus by Goldman Sachs in 2016, made more than 37 acquisitions, and is the top investor in financial technologies among the top 11 US banks. Its goal is clear—building a silo-less, service-driven bank of the future for a segment of customers outside of its traditional investment banking bread-and-butter.What’s different here is that the large banks have new targets they are focusing on beyond their core businesses. This includes small business lending and back-office automation, consumer and commercial real estate, and personal lending. In other words, the traditional strongholds of regional banks. For the regionals, not only is Silicon Valley coming, the big banks are coming as well. Between the startups exposing gaps in customer experiences, the large banks pivoting, and the post-Great Recession regulatory landscape— which introduced new guidelines and compliance challenges—a wave of consolidation can be expected. This is due to customer migration and disparity in the cost of doing business between banks that are technologically capable and those that aren’t.WHAT DOES INNOVATION MEAN FOR REGIONAL AND SUPER-REGIONAL BANKS? As digital adoption increases across demographics, there will be an increasing demand for regional banks to offer digital capabilities. To remain competitive in the age of fintech, regional banks must embrace digital capabilities. This is crucial due to aging current customers and new customers who are not as loyal to the regional banks as the previous generation.These banks must focus innovation on customers and employees. Customers expect to be able to perform basic functions online and on mobile apps, such as:checking balancestransferring fundspaying billspeer-to-peer paymentsdepositing checksBank employees also require basic functions such as:mobile connectivitytools for use in the field by relationship managers and bank employeesThese capabilities no longer set the bar for consumers as they are now basic expectations for most, and the next generation of capabilities is already here. As banks search for new revenue streams, large banks are able to leverage technology to expand their relationships with their customers—which traditionally involve face-to-face discussions—through digital channels and compete more directly with regionals. Many large banks are using fintech to offer the newest technologies and digital experience. Regional banks must focus on providing these basic digital capabilities just to stay competitive with larger national banks. Investments and purchases in new capabilities may give the regionals a boost but they tend to be investments that are outsized for the relative size of the bank.WHY IS INNOVATION DIFFERENT FOR REGIONAL BANKS? Young, digitally savvy, entrepreneurial professionals are migrating into less urban areas due to a number of factors including workplace mobility, starting or joining small businesses, and returning to family businesses. They are also entering the regional bank’s target market. These customers will have very different expectations of what they need from a bank. Staying up-to-date with banking technology is critical to meeting these new customers’ needs. As banks transition more of their operations digitally, the advantage of having local branches and individual relationships has become less valuable. Regional banks must remain ahead of this change and begin investing in digital technologies to remain competitive with larger firms. Their client base is different: banks at the regional and super-regional level also operate under different business models than the largest banks, with greater emphasis on commercial real estate and less on consumer lending. A quick review of the portfolio differences suggests that regional banks should adapt fintech to the demographics and market conditions of their respective region rather than take the one-size-fits-all approach of their national counterparts. For example: » Southwest regional banks tend to have less of their portfolios concentrated in commercial and industrial lending, while exhibiting much higher concentrations in commercial real estate.Residential real estate lending concentration is marginally smaller for southwest regional banks.Consumer lending concentration is four times larger in large banks than in smaller southwest institutions.Southwest regional banks have a sizable agricultural lending business, which, by comparison, is almost non-existent for big banks.HOW CAN THIS BE ACCOMPLISHED FOR LESS MONEY THAN LARGE NATIONAL BANKS?Regional banks should not simply copy the “big bank” blueprint for fintech engagement. Fintech partnerships offer regional banks an opportunity to acquire digital capabilities without having to invest large amounts of capital. Regional banks should tap their strengths, building personal relationships not only with customers but with emerging fintech companies that also seek a personal connection.In speaking with CEOs and founders of fintechs across the geographic and services spectrum, one thing is relatively consistent: they are good at what they do, but they also recognize what they do not do well and they know that having the right relationship with strong business partners is essential to their success. This is where the regionals should deploy their greatest advantage, building personal and business relationships with fintechs in their backyards. Not only are they possible small-business clients; their product could also directly affect the regional bank’s ability to innovate. New due diligence guidelines may need to be evaluated, but it’s a new way to grow together with the fintechs that’s different than incubators, and very different from investment or outright acquisition strategies. It doesn’t require billions in upfront investments.As the Marcus by Goldman Sachs example clearly illustrates, you can start small and grow your capabilities over time, even starting from nothing. Regional banks are not immune to the “Silicon Valley” effect. In fact, one can argue they are even more vulnerable because of new digital capabilities, aging populations, national banks seeking new growth areas, and the effect of new regulatory expectations. Unless the response from the regional and super-regional banks is equally swift and strong, they will be more vulnerable and less in control of their own fate in the coming wave of consolidation and realignment. The Best Markets For Residential Property Investors 2 days ago Banks FinTech 2019-03-06 Donna Joseph Tagged with: Banks FinTech March 6, 2019 3,965 Views last_img read more

Supreme Court Issues Notice On Centre’s Challenge To Kerala HC Judgement Which Quashed Preventive Detention Under COFEPOSA Act

first_imgTop StoriesSupreme Court Issues Notice On Centre’s Challenge To Kerala HC Judgement Which Quashed Preventive Detention Under COFEPOSA Act Radhika Roy19 Nov 2020 3:13 AMShare This – xThe Supreme Court on Thursday issued notice in a special leave petition filed by the Union of India challenging a Kerala High Court judgment which quashed the preventive detention orders passed against two person under Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) was quashed. A Bench comprising of Justices DY Chandrachud and Indu…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Thursday issued notice in a special leave petition filed by the Union of India challenging a Kerala High Court judgment which quashed the preventive detention orders passed against two person under Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) was quashed. A Bench comprising of Justices DY Chandrachud and Indu Malhotra heard Additional-Solicitor General KM Natraj who submitted that the Kerala High Court had exceeded its jurisdiction under Article 226 by substituting the subjective satisfaction of the Detaining Authority with its own wisdom. Accordingly, the Supreme Court proceeded to issue notice in the special leave petition Union of India vs Beevikunju and others. By the judgment delivered on February 19, 2020, a division bench of Justices K Vinod Chandran and V G Arun of the High Court had quashed the detention of Adnan Khalid and Faisal PA who were held for alleged gold smuggling. The case pertains to the detention which arose from the seizure of contraband from the body of a Customs official, while he was smuggling out about 3 kilograms of gold hidden between his legs and held up by four briefs that he was wearing. The official, on being caught, confessed that he had received the contraband from one of the accused, Adnan Khalid. Statements recorded from Khalid and the official revealed a ring operating within the Airport. The Kerala High Court then noted that an earlier case, relating to the second accused, Faisal, consisted of a different modus operandi being employed, with an active involvement of a Customs official. The High Court, after taking into consideration the submissions of the Counsels and the material placed before it, stated that there was a requirement of a connecting link insofar as the finding with respect to a smuggling ring in which Faisal was the kingpin and Khalid was the main co-ordinator, other than the depositions alone, despite having evidentiary value under Section 108 of COFEPOSA. The Court further noted that video footage that was relied upon by the Detaining Authority in both the detaining orders for Khalid and Faisal should have been supplied to the detenu with the facility provided for viewing the same. Additionally, other crucial corroborating material and documents looking into for arriving at the satisfaction of the Detaining Authority were also not supplied. Referring to the case of Arvind Shergill (2000), the Kerala High Court observed that the Court had the power to examine the grounds in the detention order to see whether they were relevant to the objective of the legislation, and if the subjective satisfaction of the authority was based on relevant grounds. In the instant case, the High Court found that the satisfaction arrived at was not substantiated by the documents on record which had been supplied to the detenu. “The need for supply of documents relied on and the necessity for the detaining authority to arrive at a subjective satisfaction of the need for a preventive detention on the basis of substantiating material against the proposed detenu, as supplied by the sponsoring authority are established principles; spoken of by the Hon’ble Supreme Court. We, hence, find the detention order to be bad and both the detenu are liable to be released fortwith”. A stern observation was also made by the High Court on the lack of grasp of the relevant law by the Detaining Authorities and the casual manner in which the detention orders are passed. Noting that preventive detention matters consisted of technicalities, the Court stated that “strict adherence, hence is called for and we find very many of the detaining authorities not being properly educated on the law regarding the subjective satisfaction to be entered in ordering preventive detention.””Though distinguished from an objective satisfaction, a subjective satisfaction also has to be on substantiating materials, which are also to be supplied to the detenu. Otherwise the orders will be vitiated for non-supply of the relevant documents relied on or as in this case there being no application of mind”. On that note, the Kerala High Court had allowed the habeas petitions petitions of the detenu and ordered for their expeditious release.Click Here To Download Order[Read Order] Read the Kerala HC judgment hereNext Storylast_img read more

Benefits for Flowers Center set for Aug. 14 to 15

first_img In addition to the popular play, “Smoke on the Mountain,” there will be pre-show performances by former theater and Choral Club students on Friday night and a reunion of about 100 former students of Ricky Shirley, music director for “Smoke.”“No advance tickets will be sold,” Benson said. “Admission will be donations to the Flowers Center for the Performing Arts. We hope that those who support the arts in our community and the area will be generous in their donations. Tickets for a typical performance would be $15.”Benson said many people from the surrounding area have attend productions in Ozark over the years.“We offer productions that are of interest to a wide range of people,” she said.Most recently, the production, “Always, Patsy Cline,” attracted people from several surrounding counties, Benson said.The Flowers Center for the Performing Arts will be a valuable addition to the Ozark civic complex that includes sports fields, the recreation center and the civic center.The Center will be used by the high school for theatrical productions and by the City of Ozark for community events.“The Flowers Center seats 500, but it is more than a stage and seating ,” Benson said.“It includes rehearsal rooms, dressing rooms and a costume room. It is a wonderful entertainment center for Ozark and the surrounding area.“We invite everyone to come out and enjoy a fun-filled night of entertainment and support the arts in Ozark and the surrounding area.” Remember America’s heroes on Memorial Day Latest Stories Before the building can be opened to the public again, it needs cosmetic improvements and several serious upgrades, including a new roof and a heating and cooling system.Fundraising efforts for the needed repairs will begin in earnest on Aug. 14 and 15 with a local production of the musical comedy, “Smoke on the Mountain,” at the Ozark Civic Center.All proceeds from the production will benefit the Flowers Center for the Performing Arts. “Smoke on the Moutain” will be directed by Margie Benson, who directed theater at Carroll High School for about 20 years.“‘Smoke on the Mountain” is a great family show and all ages will find it entertaining,” Benson said.“It’s the story of the Sanders family that travels from place to place holding revivals. The play is filled with gospel songs — songs that we all know and enjoy. It’s funny, and it’s uplifting.”Because the Flowers Center is locked until the necessary repairs can be made, “Smoke on the Mountain” will be performed at 7:30 p.m. Aug. 14 and 15 at the Ozark Civic Center. The cast will include former Carroll High School students who performed in musicals directed by Benson. Sponsored Content By Jaine Treadwell Around the WebMd: Do This Immediately if You Have Acid Reflux (Watch Now)Healthy LifestyleIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Published 6:13 pm Thursday, July 23, 2009 Plans underway for historic Pike County celebration Skip Benefits for Flowers Center set for Aug. 14 to 15 Book Nook to reopen Troy falls to No. 13 Clemson Pike County Sheriff’s Office offering community child ID kits New life is being breathed into the Flowers Center for the Performing Arts in Ozark.Just a few months ago, the theater seemed destined to be reduced to rubble, but the City of Ozark has acquired the building through a land swap with the Ozark City Board of Education.The center will serve a multi-purpose use with a community theater being central to its purpose. Print Article By The Penny Hoarder You Might Like Hearing called for Highland rezoning With the Troy City Council’s final approval of its long-range plan, what may be one of the most highly debated… read more The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Email the authorlast_img read more