Gov. Jones Denies Wasting Gov’t Money Empowering Liberians

first_imgThe Executive Governor of the Central Bank of Liberia (CBL), Dr. J. Mills Jones, has told his critics that he is not wasting Liberian government money by empowering Liberians in the informal business sector to improve their lives.On a three-day tour to the south eastern counties of Sinoe and Grand Gedeh, stopping first in Greenville City where he dedicated CBL’s fourth rural financial institution, he said the quest for financial inclusion of every Liberian bank under his stewardship is to provide loans to empower Liberian businesses.Speaking to hundreds at separate meetings in the two counties, the CBL boss denied claims that he is wasting government resources on Liberians, adding, “The money belongs to the citizens and therefore they need to get access to it.”He told them that for too long Liberians have been poor and it is about time that something is done about it. “We must do something for ourselves and get out of the valley of poverty and this can only be done through hard work,” Gov. Jones told his audiences.Poverty has been the plight of a majority of Liberians for so long that “we cannot see it anymore because we are so used to it. We must change this and if we have to move our country forward, you young people must learn the new tricks because as the saying goes, ‘you cannot teach old dog new tricks.”Gov. Jones said if Liberians continue to do things the same way, and things are not changing, then Liberians should do things the other way around for prompt transformation and results.Some Liberians are claiming that he is wasting the Liberian people’s money by giving out micro loans to empower Liberians. “Whose money am I wasting? The Liberian people own the money and building a strong private sector is not a waste of money,” asserted Gov. Jones.There is a need for Liberians in other parts of the country to have access to small money to build their lives and Monrovia is not Liberia, he said, adding, Liberians have to change the way they do things.He insisted that counties cannot develop without the involvement of every citizen and called on Liberians to put their differences aside and contribute their quota to the development of their counties. In a statement read on behalf of the group, Friends of J. Mills Jones, Secretary General Jerry Barshell called on Gov. Jones to continue the micro-loan scheme because poor parents who could not afford to pay their children’s school fees can now do so through the micro-loan scheme.Responding, Governor Jones thanked the citizens for turning out to welcome him and his entourage and urged those who are benefiting from the micro-loans to pay back the loans on time.Commenting on the Central Bank’s micro-loan scheme, he said that the idea is to help Liberians get out of poverty. “You say in your motto, ‘Where we go you shall go with us,’ but let me say that we are moving to fight poverty and provide economic empowerment for our people,” said Governor Jones amid thunderous applause.Governor Jones’ trip to Zwedru, Grand Gedeh County was based on an invitation from Friends of Dr. J. Mills Jones (FJMJ) organized under the motto “Where You Go, We Shall Go With You.”While in Zwedru, residents pleaded with him and the CBL staff to establish another bank under the micro-loan scheme in the county to enhance their banking services.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


first_imgA Lunchtime Community Carol Service is being held in Trinity Church, beside  the Post Office Main Street, Letterkenny.The service taking place tomorrow, Friday 13th December at 1.15p.m. with carols, readings and a thought for Christmas.So why take a break from work or shopping and come along to join in the celebration and singing. The children of the Ballyraine National School will be performing a piece to put us in the Christmas mood, as well as pieces being read by members of community, business and local interests.This short service will be followed by tea/coffee and the seasonal mince pie.There will be a voluntary retiring collection for St. Vincent de Paul and the Philippines Relief Fund. So come along and catch the spirit of the Christmas season, you will be very welcome.  SOMETHING TO SING ABOUT FOR CHRISTMAS IN LETTERKENNY was last modified: December 11th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:carol serviceletterkennyTrinity Churchlast_img read more

Kevin Durant’s legacy with Warriors also includes charitable impact

first_imgThe legacy will likely focus on the good. Kevin Durant won two NBA titles and won two Finals MVPs before valiantly hoping to lead the Warriors to a third before injuring his right Achilles tendon.The legacy will also likely focus on the bad. Durant fielded endless criticism for leaving Oklahoma City, teaming up with a handful of All-Stars and exuding uncertainty about his future in his final season with the Warriors.The legacy should also focus on Durant’s philanthropy. He won the NBA Cares …last_img read more

Missing ID plate delays confirmation of MH370

first_imgA critical identification plate on the Boeing 777 flaperon washed up on the Reunion Island that would tie it to MH370 is missing because of the effect of sea water on the adhesive that bonds it to the structure.According to a former crash investigator the metal ID plate has almost certainly come away because of the “exposure to sea water.”So what should have been a simple ID exercise now becomes a time consuming forensic investigation.World’s Safest AirlinesWorld’s Top Ten AirlinesWorld’s Scariest LandingA Boeing part number (657BB) painted on to the flaperon confirms the object is from a Boeing 777, the Malaysian Deputy Transport Minister said yesterday.“From the part number, it is confirmed that it is from a Boeing 777 aircraft. This information is from MAS (Malaysia Airlines). They have informed me,” Deputy Transport Minister Abdul Aziz Kaprawi said Friday.The flaperon, has been sent to Toulouse in France to government laboratories, where the police, crash investigators and Boeing representatives expect to verify if it came from MH370.Under French law air crashes are treated as criminal investigations and thus led by the police.Malaysia Airlines MH370 disappeared on March 8 last year with 239 passengers and crew aboard on a flight from KL to Beijing.Investigators will likely have to disassemble the flaperon to find other ID numbers that will link it to MH370.Panels will have batch numbers that will almost certainly tie the flaperon to a production run at particular time that were installed on various 777s including MH370.The 777 that operated MH370 carried the registration 9M-MRO and had a Boeing construction Number 28420 and Line Number 404. Its first flight was on the 14th of May 2002. It had flown 53, 465 hours when it disappeared and had flown 7,525 flights.last_img read more

South Africa works to stop load shedding

first_img19 May 2015The current load shedding incidents are receiving urgent attention with several steps being taken to address this, including the finalisation of the Integrated Energy Plan, says Energy Minister Tina Joemat-Pettersson.“I want to reassure South Africans that the load shedding which prevails is receiving our highest priority for urgent resolution. Partnerships have been established between [the] government, labour, business and civil society to find solutions to our problems, in keeping with the great spirit of our country,” she said.Delivering the Department of Energy’s budget vote this morning, the minister said the government’s urgent response to load shedding had accelerated the finalisation of the much-awaited Integrated Energy Plan.“Once approved by [the] Cabinet, the Integrated Energy Plan will be published as a policy document. This plan will inform our future energy mix and prioritise policy interventions for future programmes within the energy sector,” she told Parliament.Last month, the department announced a package of energy supply and demand options.“This will increase the independent power producer [IPP] energy supply to the grid by means of renewable energy, coal, gas and co-generation by 17 000 megawatts [MW] towards the end of 2022. An annual increase of 2 400MW of additional energy capacity will be added to the grid. Our current circumstances compel us to add a significant amount of electricity generation to the grid in a very short time.”Renewable energyShe said the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) had added to the energy supply capacity and electricity diversity in South Africa over a period of only three-and-a-half years.“Competitive energy prices have been achieved, with a distinct and meaningful possibility to make a real socio-economic difference in the communities where they are located.”Since 2011, the department had procured 5 243MW of renewable electricity in bid windows 1 to 4 and connected 37 projects, with a capacity of 1 827MW, to the national grid.On average, 15% of this energy was delivered to the power system during system peak periods, alleviating pressure on the power system.“The energy contribution should grow to approximately 7 000 gigawatt hours per annum with the first 47 renewable energy independent power producers fully operational and producing at full capacity by mid-2016.”Tariff decreasesThrough the competitive procurement approach, the average per kilowatt hour tariff, in April 2014 terms, for onshore wind had declined by 55% to an average of 62c per unit and for solar photovoltaic by 76% to 79c per unit, Joemat-Pettersson said.“This programme has secured a commitment of about R170-billion in capital investment to the South African economy. South Africans own an average of 48% in all [independent power producers], with black South Africans owning 28% of these projects.”The department had already submitted for concurrence to the National Energy Regulator of South Africa new determinations for an additional 6 300MW for the REIPPPP, as well as 1 800MW for co-generation. Co-generation supply of about 720MW had been secured through Eskom.“In addition, we have revised the approach in relation to the procurement of co- generation in line with the Integrated Resource Plan to assist with the current electricity challenges. The Request for Proposal for the revised co-generation approach, totalling 1 800MW is on track for release to the market.“The announcement of the preferred bidders is expected in the third quarter of 2015. The new approach will ensure that the approval process is expedited and financial close accelerated.”Request for proposalsThe REIPPPP Request for Proposals for an additional 1 800MW from existing bid submissions was on course for release to the market by June 2015. This bidding process would be open to all unsuccessful bidders from all previous bid windows which were ready for re-submission.Her department would also announce the appointment of additional preferred bidders from bid window 4 in early June.Projects under this programme had started to spend on their socio-economic development and enterprise development commitments, said the department.A spending pattern was unfolding, with most spending being allocated for education and skills development, health care, infrastructure, and social housing improvements, among others.The department is engaged in the re-design of the IPP Request for Proposals, paying particular attention to early, efficient and equitable benefits to communities, as well as to a greater local content approach that will strengthen industrialisation in South Africa.Coal-fired powerAdditionally, the minister said that the Request for Proposals in relation to new coal-fired generation was released to the market in December 2014 with the bid submission initially scheduled for June 2015. Given ongoing engagement with the market and the need to ensure a successful procurement phase with firm results, this period would be extended by about two months to the end of August.Preferred bidders for this programme would be announced before the end of the calendar year.Source: SAnews.govlast_img read more

The Fall Of The Celtics, Lakers

first_imgOne of the most heralded rivalries in all of sports, and certainly the most storied in the NBA, is that of the Boston Celtics and Los Angeles Lakers.The Celtics have won a record 17 NBA titles, the Lakers are just one behind. At 33 championships between them, these two franchises have claimed a staggering 50% of all the titles in league history.Their head-to-head rivalry began in 1959, when the Celtics beat the Lakers to win their first of an astonishing eight straight titles, and ten of eleven.  It was the “Bill Russell era,” aptly named that in honor of the team’s starting center and possibly the most tenacious player of all time.  Russell’s star-studded supporting cast, all coached by the legendary Arnold “Red” Auerbach, included Bob Cousy, Sam and KC Jones, John “Hondo” Havlicek, and Tommy Heinsohn.By 1972, the Lakers had moved from Minneapolis to Los Angeles (though they kept the evidently-Minnesotan team name), Lew Alcindor had changed his name to Kareem Abdul-Jabbar, and the prolific sky-hooking center left the Milwaukee Bucks for Tinseltown. That’s the year the Lakers won their first of 16 titles, and never looked back.The 1980s – considered by many the last of the NBA’s glory days – featured the incredible Larry Bird-Magic Johnson rivarly, saw the two teams capture an astonishing share of NBA finals slots (Lakers 8, Celtics 6), with the Lakers taking it all five times, the Celtics three.In head-to-head finals matchups, the Celts won 9 out of 12.To look at their records now, one would think they haven’t played against each other since Larry and Magic were still playing. But it was a mere four years ago when these two teams were kings of their respective conferences, having met in a thriller of a series in 2010: the Celtics led 3 games to 2, the Lakers had to win the last two games to win it all – and they did, edging the Celtics in the seventh and deciding game by a mere four points.That’s not going to happen this year. With 20 games left as of this writing, the teams are an identical 21-41, meaning they would need to win 20 of their next 20 games, just to break even. Oh – that’s not going to happen, either – not by a longshot.Their common destination – hoping for a high lottery pick and watching the playoffs from home – did not arise from similar roads taken. For the Celtics, it’s been a conscious effort to rebuild. They shed their aging talent for young, athletic players with an upside (i.e., nowhere to go but up) and boatloads of future draft picks, so as to avoid repeating their lost couple of decades between the time Larry Bird retired and the new Big Three (Paul Pierce, Kevin Garnett, and Ray Allen) converged.The Lakers, though, made it to Slumsville in a peculiar manner of many trials and many errors. Last year they assembled what looked like an all-star team that could give the vaunted Miami Heat a run for their money, but barely landed a playoff spot and were summarily dismissed in the first round without winning a single game. This year, there won’t even be that.It will be the first time in 20 years, and the second time – EVER – that both the Celtics and the Lakers miss the playoffs.But you can bet that before you know it, they’ll be facing each other in the NBA finals once again – adding new chapters to their fabled feud. TweetPinShare0 Shareslast_img read more