Telekom Networks Malawi Plc (TNM) HY2016 Interim Report

first_imgTelekom Networks Malawi Limited ( listed on the Malawi Stock Exchange under the Technology sector has released it’s 2016 interim results for the half year.For more information about Telekom Networks Malawi Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Telekom Networks Malawi Limited ( company page on AfricanFinancials.Document: Telekom Networks Malawi Limited (  2016 interim results for the half year.Company ProfileTelekom Networks Malawi Limited is the major provider of telecommunication services in Malawi; offering a range of products that include post- and pre-paid airtime, interconnections, international incoming and roaming, handsets, equipment and accessories. Additional products and services include smart data packages, a mobile money wallet called Mpamba, Yanga Internet bundles; as well as voice services which include caller tune, call conference and mobile directory services. Value-added services include Me2U which allows customers to share airtime, Pasavute airtime services, and multimedia messaging services. Innovations include the introduction of 3.5g broadband services and high-speed wireless Internet access, voice and data connectivity, and video and music streaming. Telekom Networks Malawi Limited was the first mobile network operator in Malawi and was established as a joint venture between Telekom Malaysia and the then government-owned Malawi Telecommunications Limited (MTL). Telekom Malaysia sold its 60% majority stake in TNM and the telecommunication enterprise is now a wholly-owned Malawi company. Telekom Networks Malawi is listed on the Malawi Stock Exchangelast_img read more

P. O. L. I. C. Y Limited ( Q32019 Interim Report

first_imgP. O. L. I. C. Y Limited ( listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2019 interim results for the third quarter.For more information about P. O. L. I. C. Y Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the P. O. L. I. C. Y Limited ( company page on AfricanFinancials.Document: P. O. L. I. C. Y Limited (  2019 interim results for the third quarter.Company ProfileP.O.L.I.C.Y Limited is an investment company that was established as a liability company. P.O.L.I.C.Y Limited is listed on the Stock Exchange of Mauritius.last_img read more

France: Guy Noves will do things his way

first_imgGood old days: Toulouse have lost that winning feeling, last lifting the Heineken Cup in 2010Noves blames Toulouse’s travails on everyone but himself, criticising the league structure, the FFR and, increasingly, his players. But the truth is he’s a man who has lost the feel for the modern game, unable to build teams capable of playing with pace, power and imagination, a man left behind by the transformation of the Top 14 into the world’s most ambitious domestic leage. True, Toulouse have flared into life at times this season – most notably when they beat Toulon 34-24 – but the impression is that’s in spite of Noves not because of him.Noves ended his  tense radio interview on Monday by informing the presenter in his best schoolmasterly manner that he didn’t care if the English press were critical of what the French national team has become. “I’ll take no lessons from the English press,” he snapped. And of course, he shouldn’t. But if Noves thinks he knows everything there is know after 22 years coaching Toulouse he’s in for a shock. Test match rugby is a school of hard knocks, as Saint-Andre will be able to tell him. To nobody’s great surprise Guy Noves was officially unveiled on Sunday as France’s next coach, with Yannick Bru as his forwards’ coach and Jeff Dubois in charge of the backs. The trio will succeed Philippe Saint-Andre’s existing regime after the autumn World Cup.According to the French press it wasn’t a unanimous decision among the seven-man FFR panel. Jean-Claude Skrela and Didier Retière apparently had reservations about Noves, who will turn 62 the day before he takes charge of his first France international against Italy on February 6.Noves’ age shouldn’t be held against him but the fact is few coaches have been appointed to their first international role in their sixties. Graham Henry was 64 when he guided the All Blacks to the World Cup four years ago, but the Kiwi had been coaching Test match sides since he was 51.Noves’ age means there is an immediate generational barrier between him and his players. The likes of Stuart Lancaster, Heyneke Meyer and Joe Schmidt are in their 40s, just one generation above their charges; Noves is old enough to be the grandfather of some of France’s World Cup squad. Will he be able to tune into the same wavelength as players 40 years his junior?Passionate character: Guy Noves will certainly voice his opinions as France coach‘Arrogant’, ‘dictatorial’ and ‘combative’ are just some of the words that have been used in the past to describe the former schoolteacher, and Noves was in spiky form on Monday morning when interviewed live on Franceinfo, a radio station that is similar in style and content to BBC Radio Four. It wasn’t an easy interview for the presenter and it will probably set the tone for the next four years. One thing’s for sure, the days of British rugby journalists asking questions in English, as they do in Philippe Saint-Andre’s press conferences, are over. Noves has never given the impression that he is much of an Anglophile.Nor has he been overtly friendly to the France national team in the past, a point emphasised by Bernard Laporte on Sunday. The Toulon coach, who was at the helm of Les Bleus from 1999 to 2007, recalled in a radio interview that Noves “was never very helpful [as Toulouse coach] towards the French team. He often blocked the path of the [national] coaches. We couldn’t go and watch training sessions at Toulouse. We shouldn’t forget that.”Laporte also mischievously declared his surprise that Yannick Bru has agreed to work under Noves. The fomer Toulouse hooker spent five years as the club’s forwards coach before leaving in 2011 to work in the same capacity for PSA. “I saw Bru at Toulon three months ago,” said Laporte. “He told me he could never coach again alongside Guy Noves.”Stirring the pot: Old sparring partner Bernard Laporte has been having his sayThere’s no doubt Noves likes to be in control. Charismatic, egoist and defiant, he’s always been his own man, as he demonstrated as a player more than 35 years ago. A wiry, tenacious winger, he was first capped for France in 1977, making a further six appearances before retiring from Test rugby in 1979 at the age of 25. Deep thinker: Noves has been in the game for decades and finally has his chance LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALScenter_img French coach-in-waiting, Guy Noves has had a 22-year coaching education at Toulouse in readiness for the top job. So what do we know about the four-time Heineken Cup winner? Depending on one’s point of view, Noves took a courageous moral decision to retire or he was guilty of spectacular petulance. Named in the France squad for the 1979 Five Nations match against England, Noves declined the selection because he felt he hadn’t fully recovered from a thigh injury. The selectors brought in Frederic Costes, and retained him for the final match of the Five Nations against Scotland.Noves was outraged, telling Midi Olympique at the time that he hadn’t received from the FFR “the least contact, the least sign of interest. Just dismissed! Nobody bothered to find out how I was or what had become of me.”Denying that he was a “big head” for retiring from Test rugby, Noves laid the blame squarely at the feet of the FFR for their lack of respect. He concluded by saying he “will continue to enjoy club rugby, in an ambiance and a lifestyle that agrees with me”.Colourful career: Noves was arrested at Murrayfield back in 2005 in the Heineken Cup final between Toulouse and Stade FrancaisIn response to Noves’ retirement, the then captain of France (and also a Toulouse teammate), Jean-Pierre Rives, said he “feared” Noves would soon walk away from rugby altogether.But he didn’t, playing for Toulouse for another decade before becoming coach of the club in 1988-89. He stood down in 1990 but was back three years later.Last Saturday he oversaw his final home game as his remarkable reign draws to a close with this weekend’s Top 14 semi-final match with Clermont likely to be his last match in charge. Though Toulouse have achieved greatness under Noves – winning an unprecedented four European titles and nine Top 14 crowns – his best days lie in the past. They’ve failed to reach the quarter-final of the Champions Cup in two of the last three campaigns, and last season they didn’t make the Top 14 semi-finals for the first time in 21 years.The Toulouse fans have started drifting away, disenchanted not so much at the lack of success but the sterility of the rugby they’ve witnessed. In the 2011-12 season an average home gate was 20,100, down to 19,519 the following season. This season it has dropped to 16,823.last_img read more

Anglican Communion’s mission director steps down for return to parish…

first_img Press Release Service Associate Rector Columbus, GA Rector Knoxville, TN Curate Diocese of Nebraska Anglican Communion’s mission director steps down for return to parish ministry This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Featured Jobs & Calls Submit an Event Listing Rector Washington, DC Assistant/Associate Rector Morristown, NJ The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Cathedral Dean Boise, ID Anglican Communion Associate Priest for Pastoral Care New York, NY Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Associate Rector for Family Ministries Anchorage, AK Rector Smithfield, NC Priest Associate or Director of Adult Ministries Greenville, SC Rector Tampa, FL New Berrigan Book With Episcopal Roots Cascade Books Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York [Anglican Communion] The director for mission for the Anglican Consultative Council, the Rev. John Kafwanka, is to step down from the role he has held for more than a decade in order to return to parish ministry. He will step down in December to become vicar of Saint Augustine of Canterbury Church, Whitton, in the Church of England’s Diocese of London.“It has been an absolute honor and privilege to serve the Anglican Communion in the past 14 years, 11 of these as director for mission,” he said. “During this period many relationships and friendships have been built within the Anglican Communion and ecumenically, which have immensely enriched my life and my faith. I have learnt a lot and I am going away far richer in my faith and personal friendships than when I came.“I have greatly valued the support of the secretary general and the staff of the Anglican Communion Office, whose company I will dearly miss.“I now look forward to joining the Saint Augustine of Canterbury Church community in the Kensington Episcopal Area of London Diocese, with the hope of growing together as disciples of Jesus and in being small signs of Christ’s hope and love, especially at this time of great challenge.”Responding to the news, the secretary General of the Anglican Communion, the Most Rev. Josiah Idowu-Fearon, said that: “John has been a most valued member of the Anglican Communion Office team. We give thanks for his service as a leader and a colleague and wish him and his family God’s richest blessing in the future.”The Anglican Communion is a family of 41 autonomous inter-dependent national and regional churches present in more than 165 countries around the world. The member churches are supported by an international secretariat, based at the Anglican Communion Office in west London, where a small staff team facilitate joint work in areas including mission, theological education, gender justice, communications, advocacy and international development. Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Priest Scottsdale, AZ Submit a Press Release Canon for Family Ministry Jackson, MS Submit a Job Listing Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Pittsburgh, PA Rector Bath, NC Rector Shreveport, LA Assistant/Associate Rector Washington, DC Tags Rector Martinsville, VA Missioner for Disaster Resilience Sacramento, CA Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Hopkinsville, KY In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector/Priest in Charge (PT) Lisbon, ME Director of Administration & Finance Atlanta, GA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Priest-in-Charge Lebanon, OH Rector Collierville, TN Youth Minister Lorton, VA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Posted Oct 12, 2020 Rector Albany, NY Family Ministry Coordinator Baton Rouge, LA An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Course Director Jerusalem, Israel Director of Music Morristown, NJ Bishop Diocesan Springfield, IL Rector and Chaplain Eugene, OR Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Belleville, IL Featured Events Rector (FT or PT) Indian River, MIlast_img read more

L.A. County Cracks Down on Price Gouging, Fines Up To $10,000 Per Violation

first_img Top of the News STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Name (required)  Mail (required) (not be published)  Website  Community News Business News Make a comment HerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyHe Swears He’s Ready For Another Relationship. Is He Really?HerbeautyHerbeauty Community News 19 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News L.A. County Cracks Down on Price Gouging, Fines Up To $10,000 Per Violation CITY NEWS SERVICE Published on Tuesday, July 7, 2020 | 6:50 pmcenter_img More Cool Stuff Subscribe 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. STAFF REPORT First Heatwave Expected Next Week Your email address will not be published. Required fields are marked * The Los Angeles County Board of Supervisors unanimously approved an ordinance Tuesday to strengthen protections for consumers and small businesses and crack down on price gouging during the COVID-19 pandemic.Supervisor Mark Ridley-Thomas recommended the ordinance, which authorizes civil actions against price gougers and penalties of up to $10,000 per violation.The Department of Consumer and Business Affairs said it has received nearly 2,000 reports of price gouging and over 700 other complaints from a wide variety of consumers since a state of emergency was declared March 4th.“It is unconscionable to exploit people’s fears during a pandemic and force them to pay exponentially more than is reasonable for goods and services, essential or otherwise,” Ridley-Thomas said.“With this urgency ordinance, we now have more tools to protect consumers against price gouging, product hoarding and other predatory practices aimed at turning panic into profit,” he said. “Predators out there should hear us loud and clear today: we will not tolerate their abuse.”DCBA Director Joseph Nicchitta said scammers have no concern for struggling consumers, and said he looked forward to seeing them punished.“Price gouging and coronavirus-related scams hit consumers hard at a time when every dollar matters,” Nicchitta said. “We look forward to working with the Board of Supervisors, county counsel and prosecuting agencies to stop price gougers and scammers who seek to profit from grossly overpriced essential items and fake cures.”Nicchitta said the scams had affected a wide range of victims, from the most sophisticated buyers to the most vulnerable, and were being perpetrated across all sectors of the economy.“The price gouging and scams we’ve seen during this pandemic have been particularly pervasive,” Nicchitta told the board. “Every consumer is a potential victim.”Anyone who believes they have been a victim of price gouging, or who has information regarding potential price gouging, is urged to immediately file a complaint through the county’s Stop Price Gouging app at or by calling 800-593-8222. CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday 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, Pasadenalast_img read more

Donegal Deputy says cutbacks to guidance counsellors must be reversed

first_img Donegal North East Deputy Charlie Mc Conalogue says cutbacks to guidance counsellors must be reversed after an ESRI report highlighted their importance to working class students.The study says students in less well-off schools are more reliant on advice from guidance services than better off schools, where pupils are more likely to have advice from parents who’ve gone through third level.Deputy Mc Conalogue says this underlines the impact of the Government’s cutbacks to guidance counsellors, and says the upcoming budget must be used to reinstate the service.He says it’s effecting the ability of many students to reach their potential……….Audio Player Up/Down Arrow keys to increase or decrease volume. Twitter Twitter Pinterest Pinterest Previous articleOver 2,000 students in Donegal receiving Leaving Cert results todayNext articleLauren Bacall dies at aged 89 News Highland News 365 additional cases of Covid-19 in Republic WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Google+ Google+center_img Facebook Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan fire WhatsApp Donegal Deputy says cutbacks to guidance counsellors must be reversed By News Highland – August 13, 2014 RELATED ARTICLESMORE FROM AUTHOR Man arrested on suspicion of drugs and criminal property offences in Derry 75 positive cases of Covid confirmed in North Facebooklast_img read more

2016 JNU Sedition Case: Delhi Court Summons Kanhaiya Kumar, Umar Khalid, Anirban Bhattacharya & Others On March 15

first_imgNews Updates2016 JNU Sedition Case: Delhi Court Summons Kanhaiya Kumar, Umar Khalid, Anirban Bhattacharya & Others On March 15 LIVELAW NEWS NETWORK15 Feb 2021 11:33 PMShare This – xThe Patiala House Court in Delhi has taken cognizance of the chargesheet filed by the Delhi Police in the 2016 JNU sedition case. The Court of Chief Metropolitan Magistrate has summoned all 10 accused in the case, including Umar Khalid, Anirban Bhattacharya and former JNU Students’ Union president Kanhaiya Kumar, and has directed them to remain present before the Court on…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 Patiala House Court in Delhi has taken cognizance of the chargesheet filed by the Delhi Police in the 2016 JNU sedition case. The Court of Chief Metropolitan Magistrate has summoned all 10 accused in the case, including Umar Khalid, Anirban Bhattacharya and former JNU Students’ Union president Kanhaiya Kumar, and has directed them to remain present before the Court on March 15. “After careful perusal of the charge-sheet and consideration of the material, all the accused persons mentioned herein above are summoned to face trial for the offence under section 1294A/323/465/47 1/143/147/149/120B IPC. Accused persons be summoned through IO for 15.03.2021,” the order passed on Monday stated.Other persons named in the chargesheet include: Aquib Hussain, Mujeeb Hussain Gattoo, Muneeb Hussain Gattoo, Umar Gul, Rayees Rasool, Basharat Ali and Khalid Bashir Bhatt. Background A FIR was registered on February 11, 2016 against unidentified persons for allegedly shouting anti-India slogans during an event on the university campus on February 9, 2016 to commemorate the hanging of Parliament-attack mastermind Afzal Guru. In January 2019, a chargesheet in the case was filed before the Court of Metropolitan Magistrate, naming the above accused persons. The chargesheet alleges that Kumar had incited the mob to shout anti-India slogans and contains CCTV footage, mobile footage and documentary evidence. The chargesheet was however rejected by the Magistrate on January 19, 2019, citing lack of requisite sanctions. [Note: As per Section 196 of CrPC, prosecution for the offence of sedition under Section 124A in Chapter VI of IPC cannot be carried forward without the sanction of the State Government.] In February 2020, the Delhi Government granted sanction to prosecute persons accused of sedition for raising anti-national slogans during the 2016 protest march. They have been charged with offences under sections 124A (sedition), 323 (voluntarily causing hurt), 465, 471 (forgery), 143, 149 (unlawful assembly), 147 (rioting) and 120B (criminal conspiracy) of IPC.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

George Floyd’s brother visits memorial at site of his death

ABC NewsBy ROSA SANCHEZ and ALEX PEREZ, ABC News(NEW YORK) —  Terrence Floyd, the younger brother of George Floyd, on Monday visited the Minneapolis memorial created at the site where his brother died at the hands of a police officer one week earlier.As a crowd gathered around him, Terrance Floyd vowed, “we’re still gonna do this peacefully.”Terrance Floyd advocated for the arrest of the three other police officers at the scene of his brother’s death. He shouted, “one down…” and the crowd replied “three to go!”Terrance Floyd pleaded with the protesters, “educate yourself and know who you are voting for. And that’s how we’re gonna hit ’em.”“Keep my brother’s name ringing,” he told the crowd gathered around the memorial.In an interview with ABC News’ Alex Perez on Sunday night, Terrence Floyd pleaded with protesters to not destroy their cities. He said he understands why people are angry, but he worries his brother’s memory will be overshadowed by the destructive protests.“[S]ometimes I get angry, I want to bust some heads, too,” Terrence Floyd said. “I wanna … just go crazy. But I’m here. My brother wasn’t about that. My brother was about peace. You’ll hear a lot of people say he was a gentle giant.”Speaking to Good Morning America co-anchor Robin Roberts on Monday morning, Terrence Floyd said his brother “would want us to seek justice” but to channel the anger “another way.”“It’s OK to be angry, but channel your anger to do something positive or make a change another way because we’ve been down this road already,” he said. “The anger, damaging your hometown is not the way he’d want.”George Floyd died in Minneapolis on Memorial Day while in police custody. A bystander’s viral cellphone video showed a former police officer, Derek Chauvin, kneeling on Floyd’s neck, while Floyd repeatedly stated “I can’t breathe.” Those final words have become an anthem for the Black Lives Matter movement.Following his death, protests in Minnesota have spread across the country. Some have resulted in vandalism and destruction of property, with many cities issuing curfews in response.Terrence Floyd urged those protesters to “relax.”“Don’t tear up your town, all of this is not necessary because if his own family and blood is not doing it, then why are you?” he told ABC News. “If his own family and blood are trying to deal with it and be positive about it, and go another route to seek justice, then why are you out here tearing up your community? Because when you’re finished and turn around and want to go buy something, you done tore it up. So now you messed up your own living arrangements. So just relax. Justice will be served.”Terrence Floyd said his brother was known around the community for his “positivity” and “motivation,” which “is how he should be remembered.”“Do something positive. Stop making excuses,” he said. “And that’s what I feel is going on: They’re using this as an excuse to be stupid.”On Friday, Chauvin was charged with third-degree murder and second-degree manslaughter in George Floyd’s death. Terrence Floyd wants to see justice served for the other three officers who also responded to the scene.“I want to see all of them get punished to the full extent for what they did to my brother,” Terrence Floyd said. “Because when I saw the videos, not only was the dude on his neck … not only that, you got the other three officers behind the camera, behind the car on him. So he can’t move.”Terrence Floyd said on GMA that he is traveling from his home in New York City on Tuesday to visit the site in Minneapolis where his brother drew his last breath.“I just want to feel my brother’s spirit,” he said. “Just connect with him again.”ABC News’ Morgan Winsor and Emily Shapiro contributed to this report.Copyright © 2020, ABC Audio. All rights reserved. read more

Local government starts recruiting graduate talent

first_imgA graduate development scheme will be launched for local government thismonth to develop its future leaders. The Employers Organisation for Local Government has teamed up with 42councils to recruit graduates, and provide them with a two-year managementdevelopment programme. Fifty-three candidates will start a three-day induction on 23 September forthe National Graduate Development Programme. They will then be placed withindividual councils and rotated through three different management developmentroles, including frontline services, policy and support services. Tim Hodey, consultant on the NGDP, said: “The scheme provides localgovernment with an ideal platform to raise its profile, especially among youngpeople, who make up only 6 per cent of its workforce and who rarely see it asan employer of choice. “It will also stimulate recruitment in the sector at a time when skillshortages are prevalent.” While tight recruitment budgets and intense private sector competition haveundermined individual councils’ attempts to attract graduates in the past, theEmployers’ Organisation for Local Government secured funding of £400,000 upuntil 2004 to market and centrally recruit talent. The councils will pay them astarting salary of £18,417 a year. This has been benchmarked at a level that isaffordable to councils and yet also attractive to ambitious graduates, explainedHodey. The Employers’ Organisation is also developing a post-graduate qualificationfor the participants. Hodey said: “Local government needs people who can develop councils andcreate a fresh approach to the delivery of services. Our graduates have beenrecruited for their management and leadership skills – the future leaders oflocal government.” Carl Gilleard, chief executive of the Association of Graduate Recruiters,said the importance of a co-ordinated, well-marketed recruitment campaign cannotbe underestimated. “You can’t dispel the myths if you are not marketingyourselves. Local government is at last sending out a message that it investsheavily in its future senior managers,” he said. By Mike Broad Local government starts recruiting graduate talentOn 17 Sep 2002 in Personnel Today Comments are closed. Previous Article Next Article Related posts:No related photos.last_img read more

Redfin revenue grows as it races to hire more agents

first_img Tags Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink Email Address* Glenn Kelman (Randy Stewart via Flickr)The hot housing market has crowned another winner: Redfin.The discount brokerage reported revenue of $866.1 million in 2020, up 14 percent year-over-year. While it reported a net loss of $18.3 million, that was an improvement from its loss of $80.3 million in 2019.Like other firms, Redfin got a boost after U.S. home sales surged during the second half of 2020.The brokerage reported $14 million in profits during the fourth quarter, compared to a $7.8 million loss during the same period in 2019. Its quarterly revenue rose 5 percent year-over-year to $244.5 million.The firm said January sales were up 24 percent year-over-year.But inventory has hit “rock bottom,” CEO Glenn Kelman said during an earnings call Wednesday.“The housing market is now like a Soviet-era supermarket with most of the shelves empty,” he said, noting that inventory plunged 26 percent year-over-year in January.During an earnings call Wednesday, Kelman said Redfin faced another unusual challenge last year as the housing market rebounded: too few agents.Read moreRedfin to buy RentPath for $608M Redfin to publish broker commissions Redfin to publish flood data Message* The firm, which employs salaried agents (which it calls lead agents), said during the fourth quarter, customer demand rose 54 percent year-over-year. But even though recruiting was up 79 percent in December and January, Redfin won’t have enough agents to meet that demand until June 2021. “We’re hiring lead agents faster than ever,” Kelman said.Ahead of its earnings report, Redfin announced a deal to buy RentPath for $608 million. The acquisition will allow it to compete for customers seeking rentals and sales.Redfin has positioned itself as one of the more progressive brokerages. It recently said it would publish commission information on its listings, for example. It’s also one of the first firms to list flood data online. But it has also been criticized for its efforts around diversity.During the call, Kelman also acknowledged those efforts, including a company-wide mandate to hire more people of color. He said Redfin turned some customers away because it lacked enough staff.“But what I’ve concluded from this experience is that you have to pay the most attention to diversity when it feels that you can least afford to do so,” he said. “When your company is in crisis and has to reduce costs, or when you’re hiring hand over fist … Those are the moments when people make decisions on instinct surfacing primordial biases.”Contact E.B. Solomont Full Name* glenn kelmanredfinResidential BrokeragesResidential Real Estatelast_img read more