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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.
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.
NATIONAL University of Science and Technology (NUST) students last week held an online demonstration against failure by the university to release transcripts and other administrative concerns. BY PRAISEMORE SITHOLE On Friday, students were forced to stage an online demonstration after realising that their plans for in person protest would be quashed by security details at the campus clad in civilian clothes. In an interview yesterday, the student representative council (SRC) information secretary Muziwenkosi Moyo said the failure by the institution to issue graduate transcripts triggered the demo. “These graduates need transcripts and it’s a basic thing that should be done to enable them to look for jobs. “The NUST online registration system has been down for about five months, and students cannot access it to re-register,” Moyo said. “We cannot have a whole NUST failing to have something working, such basic things as online registration of students. “We are already beginning to question what our fees money is used for. Failure to offer services is disrespectful because we are paying fees,” he said. Moyo also alleged that there were students who were not attending lectures for almost 11 months. “This stream last saw a book in December 2019 and l don’t think that such a scenario has happened at any institute. “The affected students were enrolled in March 2019 and no communication has been sent to them on the way forward,” he said. Moyo added: “There is also poor communication, for example, fees were hiked at a time students had already registered. “No formal communication is sent. There is no proper orientation of students and as a result some new students threatened to drop out as they now regret enrolling at NUST.” The university director of communication and marketing Thabani Mpofu when contacted for comment said questions should be sent through his email. “Send the questions on my email and I will respond to them,” Mpofu said. He had not responded by the time of going to print.
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — There were no clear signs that an attack last year on two New Zealand mosques was imminent, but police should have done a better job vetting the lone gunman when he applied for a gun license, and intelligence agencies should have focused more on threats such as white supremacism, according to a new report. Among 44 recommendations, the report released Tuesday says the government should establish a new national intelligence agency. The report details how the attacker, white supremacist Brenton Tarrant, was able to live a solitary, almost ghostlike existence […]
The post Report finds lapses ahead of New Zealand mosque attack appeared first on Black News Channel.
On March 26, 2012, Pope Benedict XVI visited Cuba. The three-day visit came after years of tension between the church and the Cuban government. It was the first papal trip since Pope John Paul II visited 14 years ago. During his visit, Pope Benedict XVI, pushing for Cuba toward freedom, said, I am convinced that Cuba, at this moment of particular importance in its history, is already looking to the future, and thus is striving to renew and broaden its horizons.
Around 200,000 attended the Mass in Santiago de Cuba, including people from as far as Miami. However, many attendees said they were pressured to attend by employers or members of the Communist Party. One attendee was removed by security after he started shouting negative comments about the government.
Hubs in the UK are starting the rollout by vaccinating the over-80s and some health and care staff.
Lewis Hamilton said he has suffered \"one of the hardest weeks for some time\" after testing positive for coronavirus.
2020 has been a year like no other in our recent memory.
[SAnews.gov.za] African Union Chairperson, President Cyril Ramaphosa, has rallied for support of the African Continental Free Trade Area (AfCFTA) which comes into operation in January 2021.
[Nation] President Uhuru Kenyatta has kicked off an official tour of the Vatican City with a meeting with Pope Francis and discussions on matters including the Covid-19 pandemic and the Catholic Church's investments in Kenya's health and education sectors.
Charles H.F. Davis is an assistant professor of higher education at the U-M Center for the Study of Higher and Postsecondary Education. He has more than a decad
Tyronn Lue has taken the wheel of a team burdened with win-now pressure and is driving it toward an unprecedented season in the midst of a pandemic. Better believe he’s channeling his inner Phil Jackson and preaching adaptability. “The biggest word for us this season is to be able to adapt,” said Lue, who played […]
In Columbus, Ohio, a venue hosted an R&B concert, which hosted 500 people despite the coronavirus pandemic. According to The... View Article
The post 500 people attend Trey Songz concert, club cited for virus violations appeared first on TheGrio.
[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.
By SONIA PÉREZ D. Associated Press PURULHA, Guatemala (AP) — A strengthened Tropical Storm Eta made landfall on Cuba early Sunday and had its sights set on the southern tip of Florida after leaving dozens dead and over 100 missing in Central America, where it hit last week as a major hurricane. Eta breached Cuba even as searchers in Guatemala were still digging for people believed buried by a massive, rain-fueled landslide. Authorities say 15 people are confirmed dead and at least 109 are missing in Guatemala, many of them in the landslide in San Cristobal Verapaz. Pope Francis on […]
The post Eta makes landfall on Cuba as Guatemala searches for victims appeared first on Black News Channel.
The Rock's Teremana Tequila Set to Shatter to Records for First Year Sales
THE Progressive Teachers Union of Zimbabwe (PTUZ) has blasted government’s one-size-fits-all approach in responding to COVID-19 at schools, saying its approach will likely endanger the health of learners up to next year. BY HARRIET CHIKANDIWA Their assertions come after a number of schools have been recording COVID-19 cases, sending panic among parents, teachers and learners at a time the country is also experiencing an increase in the number of infections. Government, however, has shot down calls to shut down schools, insisting that prerequisite measures to protect learners and teachers were in place. “The government is adamant that in spite of an acute increase of COVID-19 cases among school-age children, schools will continue to operate. Over 30 schools and over 600 pupils and teachers have been affected, and the government seems to have adopted a one-size-fits-all approach in which it waits for COVID-19 to run riot in a school and then close the school,” the PTUZ president Takavafira Zhou told NewsDay in an interview. “There has been severe disruption of children’s education as infected children contaminate other children and adults. It is beyond doubt that pupils at school tend to have a wide transmission circle which can endanger parents,” he said. Zhou said it was sad that the Primary and Secondary Education ministry did not have alternative plans except to send children home from the affected schools while other schools remain open. “Action is urgently needed to make schools safe for teachers and learners and to reduce infection in Zimbabwe. Control of the virus requires an excellent test, track and trace system. “The present situation in many of the worst-affected schools is characterised by confusion, secrecy, mistrust, fear, demoralisation, uncertainty and exhaustion. The ministry has remained far detached from the pathetic situation in schools,” Zhou said. l Follow Harriet on Twitter @harrietchikand1
South Africa’s gross domestic product saw an expected surge in growth between July and September this year. The country’s annual figures rose by 66.1 percent after the Covid-19 restrictions were uplifted.
The economy had in the prior three months recorded a contraction of 51 percent during the nationwide lockwide.
The Africa’s most industrious economy was in a major recession even before the pandemic hit and later on proceeded to a further contraction.
Compared with the same period a year earlier, GDP shrank by 6% in the third quarter after a revised 17.5% contraction in Q2.
This major growth was mainly recorded from manufacturing, trade, and mining.
However, the recovery remains vulnerable, with power shortages and slow structural reforms likely to weigh on sentiment.
Unemployment also remains low at 30 percent yet it needs 5 percent economic growth to guarantee jobs. But the current projected growth rate is expected to be -8 percent.
Temple says he thinks he might have been exposed to the virus after spending time with family in Louisiana.
Pope Francis has donated 100 000 euros to a fund helping hundreds of thousands of people displaced by a violent Islamist insurgency ravaging northern Mozambique, a bishop says.
[WHO] Forty-five (45) new COVID-19 cases were identified out of 1974 samples tested today. This brings the cumulative number of confirmed cases to six thousand, one hundred, and twenty-nine (6129). To date, five thousand, five hundred, and ninety-six (5696) patients have recovered, with no one in the past 24 hours. The number of active cases is three hundred and eighty-two (382) and fifty-one (51) deaths.
As citizens in Ghana picked the country's next president this week, Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, recalled the impact of former President Jerry Rawlings, who died on Nov. 12 at the age of 73.
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.
Stopping the Exploitation of Prisoners and Their Families Requires More Comprehensive SolutionsBy 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 at […]
The post Stop the exploitation of prisoners and their families appeared first on Atlanta Tribune.
