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Could Ethical Capital Exist?
Former Ivorian CEO of Credit Suisse, Tidjane Thiam, has joined the Council for an Inclusive Capitalism — a US organisation which brings together some 20 world business leaders and advocates for a virtuous vision of the market economy and is officially in partnership with the Vatican as of Tuesday’s announcement. Tidjane is among a group of investors and leaders of major global corporations — often referred to by some as "gatekeepers," who are supposedly committed to "reforming capitalism for the good of humanity" and who want to promote the private sector's drive to make capitalism operate more in line with justice, inclusion and sustainable development.
These leaders — who represent more than 10.5 trillion USD in assets under management, are scheduled to meet annually with Pope Francis and Ghanaian Cardinal Peter Turkson.
Turkson is one of two African cardinals expected to succeed Benedict XVI in 2013 and become the first "black pope" in history.
Critics have called it a stunt to invite sympathy. Yet Amuriat says campaigning without shoes is a protest and that those who do not get its symbolism are missing a point.
Uganda is due to hold a general election on January 14. Amuriat and another opposition candidate, Bobi Wine have had their rallies violently dispersed by security forces or been arrested.
In mid-November, scores of people were killed as security forces attempted to quell protests against the arrest and detention of Bobi Wine.
Police has accused the candidates of addressing huge gatherings in contravention of regulations on COVID-19 prevention.
Swollen feet
In an interview with one of the dailies in Uganda, Amuriat said his feet hurt a lot and has to pour cold water on them in between campaign stops for some relief.
Doctors have cautioned him on the potential danger of contracting tetanus from cuts to his feet.
Yet Amuriat remains adamant. He says by refusing to wear shoes, he’s standing in solidarity with people whose wealth and opportunities have been stolen by the country’s longtime ruler Yoweri Museveni.
JUST IN: FDC presidential candidate Patrick Amuriat has been arrested at the border of Rubirizi and Bushenyi districts. The reason for his arrest is yet to be known📹 @MukhayeD#MonitorUpdates#UGDecides2021 pic.twitter.com/xopK4FMoD0
— Daily Monitor (@DailyMonitor) December 4, 2020
Museveni, in power since 1986 is seeking a new term. In 2017, he changed the constitution to remove age limits that would have stopped him from seeking re-election.
FDC is Uganda’s largest opposition party. In 3 previous elections, the party fronted veteran activist and retired army colonel Kizza Besigye for president.
Military sales by the arms industry’s 25 largest companies totaled US$ 361 billion in 2019, 8.5 per cent more than in 2018, according to a new study released Tuesday by the Stockholm International Peace Research Institute (SIPRI).
The top five positions are occupied by US defence giants. Together with seven other US companies, they represent 61 per cent of global sales.
After the USA, China accounted for the second largest share of 2019 arms sales by the top 25 arms companies, at 16 percent. The six West European companies together accounted for 18 percent.
The two Russian companies in the ranking accounted for 3.9 percent.
For the first time, a Middle East company has become a top arms supplier in the world.
Edge, based in the United Arab Emirates, occupies the 22nd position, and accounts for 1.3 percent of total arms sales of the top 25 firms.
For senior SIPRI researcher Pieter Wezeman, the high demand for weapons from local governments and the will of the countries in Middle East to become independent from foreign manufacturers are favouring the growth of Middle Eastern companies.
THE Sports and Recreation Commission (SRC) and Zifa fight is set to escalate after the former promised to get rid of “bad apples” from the football mother body’s executive committee, following the suspension of association general-secretary Joseph Mamutse. BY Kevin Mapasure SRC chairman Gerald Mlotshwa hinted that the supreme sports body was prepared to suffer the consequences of Fifa sanctions, that may accrue from the current clean-up exercise in football administration. Zimbabwe risks being suspended if Fifa deemed the SRC actions as interference. While there is a collective public hiss at the mention of such consequences, which would see the national teams being banned from participating in international tournaments as well as the closing of financial tapes from the world governing body, the SRC had said it would not be deterred by threats of sanctions. The SRC board members and secretariat yesterday had a three-hour engagement with members of the media in Harare where they made it clear that the threat of sanctions would not stop them from doing what they felt was right. Following the suspension of Mamutse by the SRC over a litany of allegations, among them authorisation of the national teams’ unsanctioned trips to South Africa for the Cosafa tournament, the two parties have been at each other’s throat and more heads may roll from the football mother body. “There has always been that engagement, I talk regularly with Zifa president Kamambo (Felton), I talk to one or two other board members. It is a relationship that we are nurturing and the actions we are taking should not be interpreted as us severing that relationship. It is just that when we see certain errant individuals doing certain things and they are asked to account for their actions, they just keep quiet as if to say you cannot touch us,” Mlotshwa told NewsDay Sport. “We have identified the problems within Zifa and the way we are approaching it is strategic. We are alive to the fact that not everyone at Zifa is a rotten apple. When I speak to Kamambo, he is a very sincere about what he wants to do. But look you have a president and then other persons, and ask to what extent are they accountable to him and to what extent do they share his vision, is it national interest or individual interests. We have identified who some of these people are, you will see in the coming days we will start to weed out these people and pluck them from Zifa without destablising the organisation.” He said they tried to solve Zifa’s problems in private, but in some cases the football body was not forthcoming until SRC decided to intervene. “The suspension of the secretary-general was not something that happened overnight. Let us go back to the last Afcon finals, let’s go back to Zifa coming to government with a begging bowl saying help us we can’t fly out to Cairo. So the SRC took the responsibility to fundraise for Zifa. Money was raised, the team travels and then the next thing we hear is that Zifa officials and councillors have chartered an aeroplane to go to Cairo, but we
THE chaos that has been the hallmark of Zanu PF district co-ordinating committee (DCC) elections continued yesterday in different parts of the country with re-runs and failure to produce results, while in some areas ballots were found thrown in bins amid suspicions of massive vote rigging. BY KENNETH NYANGANI/BLESSED MHLANGA/MOSES MATENGA/ GARIKAI MAFIRAKUREVA Zanu PF party chairperson Oppah Muchinguri-Kashiri yesterday said the party will order re-runs in some areas due to the chaos. Due to the volatile nature of the DCC elections, polling stations had to be guarded by members of the Zimbabwe Republic Police, which the party however said they were not going to pay them. “The police were there to maintain peace and order, and this is not a service that is open only to Zanu PF but to every organization across the board when they have their activities and need police presence,” Muchinguri-Kashiri said. However, police normally charge per hour when they provide security details for private functions. In Muzarabani North, results of the elections started trickling in yesterday, and Muzarabani North MP who is also the Energy Minister Soda Zhemu landed the chairmanship post. Deputy Finance minister and Zaka East MP Clemence Chiduwa was voted chairperson for the Zaka district with 3 582 votes to his opponent, whose name was only given as Chitara, managed 300 votes. Another MP Davison Svuure (Zaka Central) landed the vice chairmanship post after polling 1 988 votes, while his close contender Paradzai Chakona garnered 1 291 votes. However, in Mutare the DCC elections were so chaotic that some original ballot papers were found thrown in bins, which raised fears of rigging. NewsDay is reliably informed that the ballot papers that were thrown into bins were found at First Class Academy School in Sakubva ward 3. A police report was then made. Four candidates namely, Binali Yard, Clever Muparutsa, Ivan Mbengo and Cecilia Gambe are eyeing the Mutare DCC chairmanship. One of the candidates who spoke to NewsDay on condition of anonymity said: “There is now a deliberate plot to delay the process and to frustrate my supporters so that they do not cast their votes. Just imagine we found used original ballot papers at First Class Academy in ward 3 thrown in various bins, this is rigging.” The elections have now spilled into the third day in Mutare and yet some centres in Chikanga have not yet received ballot papers. The Zanu PF provincial secretary for administration Kenneth Saruchera said he was not able to comment about the chaos to media. However, a re-run of the DCC elections was ordered in 14 of the 26 wards in the province. In Mangwe district, Matabeleland South, some wards did not vote amid allegations that the presiding officers did not turn up, especially in Empandeni ward. In response to the chaotic scenes at the DCC elections, Muchinguri-Kashiri during a media briefing warned all rogue elements within the party, saying that there will be a clampdown on anyone who attempts to cheat their way into power. Muchinguri-Kashiri said
With the holiday season upon us and many adventure seekers preparing for December road trips, father-and-son team Kingsley and Ross Holgate offer some valuable pointers for those hitting the open road.
1998: US President Bill Clinton opens a State visit to China in Tiananmen Square, where a protest movement for democracy was brutally suppressed nine years earlier.
2008: South Korea lifts its ban on US beef imports and President Lee Myung-bak urges the country to move past the dispute that has paralysed his Government with weeks of tumultuous protests.
In deciding its first cases on the issue, the US Supreme Court gives the nation's legally married gay couples equal federal footing with all other married Americans and also cleared the way for same-sex marriages to resume in California.
2014: The leaders of Britain, France, Germany and other European nations commemorate the 100th anniversary of World War I and vow to preserve peace on the continent.
The Supreme Court says President Trump can forge ahead with a limited version of his ban on travel from six mostly Muslim countries.
[MAP] Rabat -- There are in Morocco those who take advantage of freedom and the climate of democracy that prevail in the Kingdom to serve personal interests and undermine institutions and officials , said the central director of the judicial police, Mohamed Dkhissi.
In Texas, a family who performs gospel music together contracted COVID-19 after recording a virtual concert for fans this summer.... View Article
The post 5 members of gospel-singing family get COVID-19 after virtual concert appeared first on TheGrio.
MINNEAPOLIS (AP) — Protests were largely peaceful and the nation’s streets were calmer than they have been in days since the killing of George Floyd set off sometimes violent demonstrations over police brutality and injustice against African Americans.
In Washington, where authorities ordered people off streets before sundown, thousands of demonstrators massed a block from the White House on Tuesday evening, following a crackdown a day earlier when officers drove peaceful protesters away from Lafayette Park to clear the way for President Donald Trump to do a photo op with a Bible at a church.
Thousands of people remained out in New York City on Tuesday night, undeterred by an 8 p.m. curfew, though most streets were clear by early Wednesday.
Protesters also marched in Los Angeles; Miami; St. Paul, Minnesota; Columbia, South Carolina; and Houston, where the police chief talked to peaceful demonstrators, vowing reforms.
Floyd died after a white Minneapolis police officer pressed his knee against the handcuffed black man’s neck as he cried that he couldn’t breathe.
BY MIRIAM MANGWAYA HARARE Mayor Jacob Mafume, who is being accused of parcelling out residential stands, has been granted $30 000 bail by High Court Judge Justice Benjamin Chikowero. Mafume appealed to the High Court after he was denied bail by magistrate Bianca Makwande who said he was likely to interfere with witnesses in the matter. But Justice Chikowero ruled out that Makwande had misdirected herself by denying Mafume bail. He was ordered not interfere with witnesses, to surrender his passport and to continue residing at his given residential address, as part of his bail conditions. It is alleged that Mafume allocated residential stands to his sister Rotina Mafume and secretary at his law firm Rutendo Muvuti without following due process. The State alleges that in March this year Mafume allegedly called housing director Admore Nhekairo asking him to allocate stands to Rotina and Muvuti but the council had closed interviews for home seekers. But Mafume allegedelly used his influenced responsible council employees to allocate the stands to the two. Rotina and Muvuti were allocated the stands valued at $219 938 although they were not on the waiting list. More to follow…
… ’s “The Situation Room” that African-Americans will have more confidence in … poll shows only 42% of African-Americans say they would definitely or … , to the Tuskegee experiment on African-Americans being intentionally injected with a …
… history as the first African-American to lead the country’ … and is the only African-American to have headed U. … in the Army, especially among African-American officers and enlisted soldiers, … defense secretary, the first African-American to be chosen for the …
Pope Francis called for dialogue between Egypt, Ethiopia and Sudan on Saturday, urging them not to let a dispute over a dam on the Nile lead to conflict.
Despite uncertainties over Joe Biden’s approach to trade with China, major U.S. companies are optimistic about the business outlook under the new administration.
By Associated Press Undefined High tides flooded St. Mark's Square in Venice on Tuesday, propelled by winds that were stronger than predicted, and an experimental system of inflatable barriers wasn't activated to prevent water from invading the lagoon city. The system, while still in an experimental phase, gets activated when high tides are predicted to reach at least 1.3 meters (4 feet, 4 inches). Tuesday's tide was predicted to reach 1.25 meters. Instead, it kept rising, to a height of 1.38 meters, in late afternoon. Some shops were flooded, and Venetians waded in water as they scrambled to set out […]
The post High tide floods Venice as dike-on-demand wasn't activated appeared first on Black News Channel.
IN-FORM Zimbabwean golfer, Robson Chinhoi continued with his run winning the Ugandan Open Championships with 10 strokes ahead of his nearest rival Deo Akope in Kampala. BY FREEMAN MAKOPA It has been a fruitful two months for Chinhoi, who also won the second leg of the Safari Tour Golf Series at the par 72 Royal Nairobi Golf Club in Kenya and walked away with the top prize at the weekend following a brilliant round of five-under-par 67 in the closing round. Chinhoi shot past his rival with an impressive five under par 67 and finished all rounds with a total of 15 under par 273, while his opponent Akope posted three under par 69 for a total of five under par 283 to settle for the second prize. Zimbabwe Professional golfers Association (ZPGA) president Tongoona Charamba hailed the performance of the team, adding that corporates should support local talent. “It was great watching and playing in the same field with our fellow Zimbabwean who became the eventual winner on a record score of -15. Obviously, the inspiration is from how the other guys do in the events we play in and when we spoke about it during our practice rounds, we agreed that one of us should win. “As ZPGA, we are so proud of Robson Chinhoi for his exploits and hardworking, great talent that he is. I seriously ask our corporates to support him and others to get to the next level. We can't have such talent going to waste. The boy belongs to the biggest league. Chinhoi, Nyasha Muyambo and I made the cut. The other Zimbabweans who took part were Liberty Gumisa, Pride Sembo, Farayi Chitengwa and Morton Kombayi. We went better as a country as I competed and finished second last year at Victoria Serena,” he said.” This was a tough encounter with the defending champion Madalitso Muthiya from Zambia, finishing fourth after two under par 70, which could give him a total of two under par 286, a shot better than another top Uganda player Philip Kasozi. In addition, six-time winner Dismas Indiza from Kenya finished on level par total of 288 after a 71 in the final round to finish in sixth place. lFollow Freeman on Twitter @freemanmakopa
By Stacy M. Brown, NNPA Newswire Senior National Correspondent As citizens in Ghana are poised to pick the country’s next president, Congresswoman Maxine Waters (D-Calif.), Chair of the House Financial Services Committee, recalled the impact of former President Jerry Rawlings, who died on November 12, at the age of 73. “President Jerry Rawlings played a critical role in the history of Ghana, leading the country for twenty years and overseeing its transition to a stable, multiparty democracy,” Waters noted. “President Rawlings was democratically elected in 1992 and again in 1996 and presided over numerous economic and political reforms. When his […]
The post Waters Remembers Ghanaian President Jerry Rawlings on Eve of Country's Election appeared first on Black News Channel.
[Monitor] British and American diplomats have asked President Museveni to leverage on South Sudan leaders to hold election after the Ugandan leader proposed that only a vote can resolve the political and security impasse in Juba.
MINNEAPOLIS, United States (AP) — Prosecutors yesterday filed a tougher charge against the police officer at the centre of the George Floyd case and charged three other officers, delivering a victory to protesters galvanised by a death that roused racial tensions and unleashed coast-to-coast unrest.
The new charges were sought by Minnesota Attorney General Keith Ellison, who called the protests unleashed by the death “dramatic and necessary”, and said Floyd “should be here and he is not”.
Hundreds of protesters were in New York City's Washington Square Park when the charges were announced.
Some of the rockiness of the days since Floyd's May 25 death dissipated on Tuesday night, with demonstrations continuing around the country, but without major reports of violence.
New York police said about 280 people were arrested on protest-related charges Tuesday night, compared with 700 a day earlier.
[New Zimbabwe] THE chairperson of the CEO Africa Roundtable, Oswell Binha has described Finance Minister Mthuli Ncube's much-taunted Transitional Stabilisation Programme (TSP) \"a story of missed targets\".
The Cuban government freed U.S. aid contractor Alan Gross, who had been in captivity for five years, on Dec. 17, 2014. Gross had been sentenced to 15 years in prison in 2011 after his effort to create a way to communicate outside of the Cuban governments control. The government cited humanitarian grounds as the reason for Gross release.
In response to the prisoner release, U.S. President Barack Obama announced that the U.S. would resume full diplomatic relations with Cuba, which includes opening an embassy in Havana. There hasnt been any diplomatic relations between the U.S. and Cuba since 1961. The prisoner release was part of a deal negotiated in secret over 18 months. Canada hosted most of the talks that led to the deal. Pope Francis also hosted a meeting at the Vatican to help with negotiations between the two countries.
Talks began in early 2015 between the two countries over how to restore diplomatic relations after five decades. Both sides made demands ahead of the talks. Cuba asked the U.S. to remove its name from a list of states that sponsor terrorism. The U.S. insisted that its diplomats should be allowed to work freely and meet with dissidents in Cuba. A second round of talks was scheduled for late Feb. to hammer out these issues and more. Meanwhile, reaction to the resumed relations with the U.S. has been mixed in Cuba. Some praised the move while others were skeptical.
With diplomatic relations restored, the ban for Americans traveling to Cuba was lifted. Before Dec. 2014, Americans could only travel to Cuba with permission from the U.S. State Department. After Dec. 2014, tourists from the U.S. still had to go as part of a religious, educational, and cultural group, but the travel ban being lifted made it easier in other ways for Americans visiting Cuba. Internet access, an embassy, and the use of credit cards were soon available for the first time to assist Americans while in Cuba. Also, the U.S. government began allowing Americans to bring small quantities of items back from Cuba, including
Saint Peter's Basilica throws its doors open to visitors on Monday, marking a relative return to normality at the Vatican and beyond in Italy, where most business activity is set to resume.
Italy's lockdown not only extinguished most business activity in the country, but radically disrupted Italians' personal lives, including attending mass.
The Argentine pontiff is not yet expected to lead any public religious ceremonies either in the basilica, which can accommodate 60,000 people, or in Saint Peter's Square, as the Vatican seeks to avoid crowds.
Across Italy's tens of thousands of churches, Catholics will be able to attend not only masses but also weddings and funerals, provided they abide by a series of measures, including wearing masks and sitting or standing well spaced apart.
More than 800,000 commercial activities which have been under lockdown since Prime Minister Giuseppe Conte imposed restrictions on March 9 should be able to reopen on Monday, said Confcommercio, Italy's largest business association.
Stopping the Exploitation of Prisoners and Their Families Requires More Comprehensive Solutions By Dr. Benjamin F. Chavis Jr. 2020 brought renewed global focus to issues of social justice in America. From the racial disparities and inequities highlighted by the COVID-19 pandemic to the killings of George Floyd and so many other Black and Brown Americans […]
The post Op-ed: Stopping the Exploitation of Prisoners and Their Families Requires More Comprehensive Solutions appeared first on Afro.
Hubs in the UK are starting the rollout by vaccinating the over-80s and some health and care staff.
By ERIC TUCKER Associated Press WASHINGTON (AP) — A federal judge on Tuesday dismissed the criminal case against former Trump administration national security adviser Michael Flynn but pointedly noted that a pardon Flynn received from the president last month does not mean that he is innocent. The order from U.S. District Judge Emmet Sullivan was expected in light of the pardon from President Donald Trump that wiped away Flynn's conviction for lying to the FBI during the Russia investigation. Sullivan acknowledged in his 43-page order that the president's broad pardon powers required dismissal and that the decision to pardon him […]
The post Judge dismisses Flynn case following pardon from Trump appeared first on Black News Channel.
“I’ve dedicated my career to health and wellness. My role as Zillow’s health advisor is a continuation of my commitment to prevention and population health,” said Dr. Benjamin, who founded the Bayou La Batre Rural Health Clinic in Alabama.
Senate Majority Leader Chuck Schumer (D-N.Y.) said Monday that Joe Biden is considering cancelling $50,000 in student loan debt for low income students.
[New Times] Antoine Kambanda has continued to make news since he was named Rwanda's first-ever cardinal back in October, and was later created towards the end of last month.
The United Nations Security Council on Monday struck Burundi off its political agenda citing peaceful elections recently conducted in the country.
In a statement presented by South African president Cyril Ramaphosa, the 15-member body said the broadly peaceful elections had marked a new phase for central African country.
South Africa holds the Council's presidency for December.
The development means Burundi is close to ending nearly six years of international isolation.
\"Burundi has received, with joy, the noble decision taken by the UN Security Council of withdrawing Burundi from its political agenda,\" government spokesman Prosper Ntahorwamiye said in a statement aired on the state broadcaster.
The government of Burundi had stated on many occasions that the country no longer posed a threat to regional peace and security, and demanded that the Security Council end its mandatory reporting on Bujumbura.
Le Conseil de sécurité de l’#ONU a pris note de l’amélioration des conditions de sécurité au #Burundi et des priorités annoncées par le Président #Évariste_Ndayishimiye pour son gouvernement en juin 2020,à la suite d’élections qui se sont déroulées de façon globalement pacifique. pic.twitter.com/N3pCn4lg1T
— MAECD (@MAEBurundi) December 7, 2020
In May, Burundi held a presidential election which was won by Evariste Ndayishimiye, candidate of the ruling National Council for the Defense of Democracy - Forces for the Defense of Democracy (CNDD-FDD) party.
Ndayishimiye was hurriedly sworn in after the untimely death of president Pierre Nkurunziza in June.
Rights violations continue
The Council encouraged donor countries which had suspended aid to Burundi to continue dialogue towards resumption of development assistance.
A report by a UN watchdog in September said human rights violations were still being committed in Burundi, including sexual violence and murder.
The country was plunged into a crisis in April 2015 when Ndayishimiye’s predecessor Pierre Nkurunziza decided to run for a controversial third term, which he ultimately won in July 2015.
His candidature, which was opposed by the opposition and civil society groups, resulted in a wave of protests, violence and even a failed coup in May 2015.
Hundreds of people were killed and over 300,000 fled to neighboring countries.
