Home Afrika Limited (HAFR.ke) HY2019 Interim Report

first_imgHome Afrika Limited (HAFR.ke) listed on the Nairobi Securities Exchange under the Property sector has released it’s 2019 interim results for the half year.For more information about Home Afrika Limited (HAFR.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Home Afrika Limited (HAFR.ke) company page on AfricanFinancials.Document: Home Afrika Limited (HAFR.ke)  2019 interim results for the half year.Company ProfileHome Afrika Limited is a property development company which provides quality, sustainable and affordable housing for communities in Kenya and other countries in the East Africa sub-region. These include housing developments in golf estates and services hotel apartments. The company implements housing projects which have a long-term positive impact on society and achieves this through alliance partnerships with government, private sector and development partners. Home Afrika Limited designs, constructs and maintains residential and commercial buildings which comply to a regulatory framework for sustainability and conformity. Home Afrika Limited has implemented a regional expansion plan under the name “Go Country” and “Go Africa” which aims to build approximately 1 million homes under a mass housing programme which spans Africa sub-regions. Home Afrika Limited is listed on the Nairobi Securities Exchangelast_img read more

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P2 House Poseidon / Domenack arquitectos

first_imgP2 House Poseidon / Domenack arquitectosSave this projectSaveP2 House Poseidon / Domenack arquitectos Houses Save this picture!© Juan Solano Ojasi+ 20 Share 400 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/773729/p2-house-poseidon-domenack-arquitectos Clipboard “COPY” “COPY” Projects photographs:  Juan Solano OjasiPhotographs:  Juan Solano Ojasi Plot Area:450.00 m2Project Year:2012Project Architects:Juan Carlos Domenack L. and Juan Carlos Domenack C.City:Pucusana DistrictCountry:PeruMore SpecsLess SpecsSave this picture!© Juan Solano OjasiText description provided by the architects. The project is located in one of the highest areas of the cliff that defines the topographical profile of the bay. The terrain´s steep topography has two natural access points, from the front (lowest point) and back (highest point).Save this picture!© Juan Solano OjasiThe highest point was chosen to access the house, where the parking area, main and service entrances were placed. The entrance hall and social core of the house was designed half a floor below, in between the master bedroom area located on the top floor and the children bedrooms area located on the bottom floor. The master bedroom area hoovers over the bay while the children´s area open up to private and independent patios defined by the terrain´s rocky profile.Save this picture!© Juan Solano OjasiThe house´s functional distribution allows parents, located on the top floor, and children, located on the bottom floor, to have absolute intimacy and independence if required while enjoying of the collective family life in the social area that is conceived not only as a meeting point but also as the element that articulates the project.Save this picture!© Juan Solano OjasiSave this picture!SectionSave this picture!© Juan Solano OjasiFrom the exterior, the house is perceived as a hermetic structure, while from the interior the perception is inversed, generously opening up to the various visuals of the surrounding environment.Save this picture!© Juan Solano OjasiProject gallerySee allShow lessImages Released of Moshe Safdie’s First New York ProjectArchitecture NewsWhat Is Sketching in the Digital Age?Articles Share CopyHouses•Pucusana District, Peru Architects: Domenack Arquitectos Area Area of this architecture project 400 Year:  Peru Year:  Area:  2013 m² Area:  2013 m² Year Completion year of this architecture project Photographs P2 House Poseidon / Domenack arquitectos ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/773729/p2-house-poseidon-domenack-arquitectos Clipboard ArchDaily CopyAbout this officeDomenack ArquitectosOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesPucusana DistrictPeruPublished on September 17, 2015Cite: “P2 House Poseidon / Domenack arquitectos” 17 Sep 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – MetrisVinyl Walls3MVinyl Finish – DI-NOC™ Cross HairlinePartitionsSkyfoldVertically Folding Operable Walls – Mirage®SinksThe Splash LabTrough Sink – Monolith A SeriesSkylightsVELUX CommercialModular Skylights in Helmkehof Cultural CenterBathroom AccessoriesBradley Corporation USAWashroom AccessoriesConcrete FloorsSikaDecorative Floor CoatingsMetal PanelsSherwin-Williams Coil CoatingsFluropon® Coating in Thaden SchoolWood Boards / HPL PanelsInvestwoodViroc Nature for Partition WallsMineral / Organic PaintsKEIMMineral Wood Stain – Lignosil®-VeranoDoorsdormakabaEntrance Doors – MAGNEOSinksECOPIXELWashbasin – Light Basin LTBMore products »Read commentsSave想阅读文章的中文版本吗?秘鲁波塞冬P2别墅 / Domenack arquitectos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

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Leadership 101

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Leadership 101 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 27 October 2007 | News  14 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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Protests across U.S. after Ferguson killer cop not charged

first_imgPhiladelphia, Nov. 24.WW photo: Joseph PietteOakland, Calif., Oct. 24.WW photo: Gil RossNew York’s Union Square, Nov. 25.WW photo: John CatalinottoMembers of the Ferguson and St. Louis, Mo., communities started gathering in front of the notorious Ferguson police station on Nov. 24, hours before the pro-cop state prosecutor, Bob McCullough, announced to the whole world the grand jury findings on whether a white police officer, Darren Wilson, would be indicted for killing an 18-year-old African-American youth, Michael Brown, on Aug. 9.Once McCullough stepped to the podium, 20 minutes late for an 8 p.m. start time, he made the predictable but still shocking announcement that there was no probable cause to view the killing of Brown as a crime.  So therefore, another white cop was let off the hook for taking the life of a Black youth.  It was revealed that Wilson shot 12 times at Brown and struck him at least six times.Even bourgeois legal experts were dumbfounded at how McCullough presented the so-called facts in the ruling more as a defense attorney for Wilson, rather than a prosecutor whose job is to supposedly look for testimony to seek an indictment. Instead, McCullough chose to portray Brown as the aggressor and Wilson as the victim.Months before the ruling came down, community activists had marched to demand that McCullough be removed and replaced by a special prosecutor for this case. Gov. Jay Nixon refused to heed this demand.Wilson was exonerated on all five counts of possible indictment charges, ranging from involuntary manslaughter to first degree murder. McCullough began his statement by attacking social media, particularly Twitter, for putting out “false” information after Brown’s murder.Following McCullough’s statement, an understandably outraged Ferguson community took out their anger and frustration at once again being denied justice by setting fire to several police cars, burning some businesses and generally taking to the streets.As the big-business media, led by CNN, repeatedly violence-baited the protests led by disenfranchised Black youth, the police responded with tear gas, bean bags, armored tanks and threatened unarmed demonstrators by pointing guns at them. News media report that more than 60 people were arrested. Interstate 40, located between Ferguson and St. Louis, was blocked by activists.Protests erupt across U.S.Spontaneous demonstrations erupted around the country in protest of this travesty of justice for Michael Brown and all victims of police brutality. More demonstrations are being planned for Nov. 25. Protests have taken place or are scheduled in more than 135 cities across the United States.In Oakland, Calif., some 2,000 anti-racist protesters took to the streets, taking dozens of arrests. Activists blocked Interstate 580 at three different points in succession. Cops shot rubber bullets at looters later that night. Tear gas was used on people on the freeway and also during the looting, which occurred mostly on Broadway, including a Starbucks and Smart N Final. There was at least one bank window smashed and graffiti written on some stores.In Seattle the night of Nov. 24, police made arrests and pepper sprayed militant protesters who taunted cops and threw rocks and fireworks, as well as causing the closure of Interstate 5. The next day, thousands, including hundreds of high school students, again took to the streets. (komonews.com, Nov. 25)In New York City, protesters left Union Square and broke off into separate marches, including one to Times Square and another uptown to Harlem. At Times Square, New York Police Department Commissioner William Bratton (along with members of his security detail) was splattered with fake blood. On Nov. 22, yet another unarmed Black male, Akai Gurley, was gunned down and killed by an NYPD cop in a building stairwell in Brooklyn. Bratton called the cop “totally innocent” even though a New York medical examiner ruled the death a homicide. (nbcnewyork.com, Nov. 24) Thousands of angry protesters later tied up traffic and temporarily shut down the Manhattan Bridge, the Brooklyn Bridge and the Triborough Bridge.Hundreds in Philadelphia, after listening to the broadcast on the Ferguson grand jury’s failure to indict the killer cop, marched angrily with signs and banners through at least five neighborhoods for four hours and blocked two expressway on ramps. More protests are planned.Chanting “No justice, no peace!” a multinational, multigenerational crowd rallied “to stand in solidarity with the people of Ferguson” in downtown Syracuse, N.Y. One demonstrator carried a sign that read, “Death to racism.” The action, called by the local branch of the National Action Network, gathered at noon in front of the Hanley Federal Building. Other organizations represented were the Syracuse Peace Council, Mothers Against Gun Violence, the Answer Coalition, Workers World Party, and students and teachers from the recent anti-corporatization occupation at Syracuse University.Kris Hamel, Imani Henry, Terri Kay, Joe Piette and Minnie Bruce Pratt contributed to this report.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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On the Picket Line: Chicago airport workers win contract victory!

first_imgChicago airport workers win contract victory!Airport workers at both Midway and O’Hare celebrated ratification of their first Service Employees (SEIU) Local 1 contract at Chicago City Hall July 17. This contract with Prospect Airport Services and Scrub Inc. — which covers 2,200 wheelchair attendants, cabin cleaners, baggage handlers and cargo agents — provides a pathway to $15-an-hour and good union benefits!Workers won roughly $8,000 more in wages over the life of the three-year contract, as well as overtime, a grievance procedure, seniority protections, more affordable health care, vacation time and five additional holidays at time-and-a-half pay.This group of workers has been organizing all over the country, with Local 1 leading protests and strike threats since 2016. What helped them win in Chicago was a 2017 City Council ordinance raising wages to $13.80 an hour and language that made it easier for workers to join unions. O’Hare workers’ high-profile allegation of wage theft totaling $1.2 million helped. (Chicago Sun Times, July 17)The next fight in Chicago is to win union representation for fellow workers employed by Total Airport Services Inc. — cabin cleaners, customer service agents, baggage handlers, ramp agents and warehouse agents. (seiu.org, July 17) This is a major breakthrough nationally for airport workers. May it ramp up the ongoing organizing struggle for these workers all around the U.S.!Chicago airport workers celebrate their victory.Nurses in 3 western states are on the move About 400 registered nurses, represented by the California Nurses Association, ratified a new contract July 3 with Oroville Hospital, north of Sacramento, mandating wage increases of 12 percent over four years. They also improved safety in working conditions that addressed outbreaks of communicable diseases, emergencies, disasters and workplace violence. These protections were won to help lower the high turnover rate of RNs. (sacbee.com, July 5)When management of Kalispell Regional Health hospital in northwest Montana refused to recognize the nurses’ petition to the National Labor Relations Board to join SEIU1199NW in mid-June, the nurses opted for an election. With a July 12 vote of 372 to 199, the nurses won union representation. One of their aims is getting KRH to hire more nurses and end the staffing shortage. (SEIU1199nw.org, July 12)Nurses represented by the Washington State Nurses Association at CHI Franciscan St. Joseph Medical Center in Takoma reached a tentative agreement after a 17-hour negotiating session into the early morning of July 13. The union called the deal a “major victory … that achieved gains in all three of our key priorities on wages, staffing and retro pay.” (thestand.org, July 15)National bill of rights for domestic workersThe National Domestic Workers Bill of Rights was introduced in Congress July 15 to finally establish rights for some of the most oppressed workers in the U.S. — domestic workers. These women, along with farmworkers, were not covered by the National Labor Relations Act of 1935, after Southern congressmen refused to vote for it unless white Southerners could continue Jim Crow oppression and abuse of Black housekeepers and sharecroppers.This bill, fought for since 1968, will establish rules so the growing number of nannies, housecleaners and home care workers, who have had to endure low wages (about $10 an hour), unpredictable hours, lack of job security and sexual harassment, will have set wages, hours, overtime, protections and benefits like sick days, and job security. Live-in nannies will have signed contracts and must receive a written termination notice and at least 30 days of severance pay. Given the growth of the aging U.S. population, domestic work is predicted to be the fastest growing job in the next decade.The National Domestic Workers Alliance, founded in 2007 and representing 2 million women — predominantly women of color from as far away as the Caribbean, Latin America, Asia and Africa — is the driving force behind the law. (New York Times, July 15) Its passage will right a racist, sexist wrong and become a small step toward long-overdue reparations.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Purdue’s Lusk Appointed to USDA NAREEE Advisory Board

first_imgHome Indiana Agriculture News Purdue’s Lusk Appointed to USDA NAREEE Advisory Board Facebook Twitter SHARE Agriculture Secretary Sonny Perdue today announced the appointment of 10 members to serve on the National Agricultural Research, Extension, Education, and Economics (NAREEE) Advisory Board, including Dr. Jayson Lusk, Distinguished Professor and Head of the Department of Agricultural Economics at Purdue University“These members of the NAREEE Advisory Board help ensure that our work at USDA is facts-based, data-driven, and customer-focused,” Perdue said. “They bring real-world knowledge and expertise that is invaluable to our efforts.”The NAREEE Board regularly advises the Secretary and land-grant colleges and universities on top national priorities and policies related to food and agricultural research, education, extension, and economics.  The Board’s main objective is to contribute to effective federal agricultural research, education and economics programs through broad stakeholder feedback and sound science. Board members also perform an annual review of the relevance of the research, education, economics, and extension programs at USDA and the adequacy of funding for those programs.The 10 appointees announced today will serve three-year terms that expire September 30. They are (the category of stakeholder that each represents is noted in parentheses): Lisabeth Hobart, Government Relations Manager, GROWMARK Inc., Bloomington, IL (Category B. Farm Cooperatives);Chalmers Carr III, Owner, Titan Farms, Ridge Spring, SC (Category D. Plant Commodity Producer);Dr. Edmund Buckner, Dean & Director, Land Grant Programs, Alcorn State University, Lorman, MS (Category E. National Aquaculture Association);Dr. John Coupland, Professor of Food Science, Pennsylvania State University, University Park, PA (Category H. National Food Science Organization);Dr. Sarah Francis, Associate Professor of Human Sciences, Nutrition and Wellness, Iowa State University, Ames, IA Category J. National Nutritional Science Society);Dr. David Baltensperger, Department Head, Texas A&M University, College Station, TX (Category K. 1862 Land-Grant Colleges and Universities);Dr. James Allan, Executive Director of the School of Forestry, Northern Arizona University, Flagstaff, AZ (Category V.  National Forestry Group);Chad Ellis, Industry Relations, Manager, Noble Research Institute, Ardmore, OK (Category W. National Conservation or Natural Resource Groups);Dr. Robert Zeigler, Director General and CEO Emeritus, International Rice Research Institute, Portland, OR (Category X. Private Sector Organization involved in International Development); andDr. Jayson Lusk, Department Head, Purdue University, West Lafayette, IN (Category Y. National Social Science Association).Each of the 25 NAREEE Advisory Board members represents a specific category of U.S. Agricultural stakeholders as outlined in the Agricultural Act of 2014. The categories  include farming or ranching, food production and processing, forestry research, crop and animal science, land-grant institutions, non-land grant college or university with a historic commitment to research in the food and agricultural sciences, food retailing and marketing, rural economic development, and natural resource and consumer interest groups, among many others. Each member serves a 2-3 year appointment.  Terms for members overlap so that approximately one-third of the Board is replaced and/or reappointed each year.Source: USDA Office of Communications Purdue’s Lusk Appointed to USDA NAREEE Advisory Board SHARE Facebook Twitter Previous article91st National FFA Convention Opens in Indianapolis on the HAT Wednesday Morning EditionNext articleChinese Investor-owned Smithfield Foods Eligible for U.S. Trade Relief Hoosier Ag Today By Hoosier Ag Today – Oct 24, 2018 last_img read more

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Bite size pieces – Cornstore challenge & Ponaire

first_imgAdvertisement Print Email Linkedin Twitter Previous articleMusic and seeing double in BallybunionNext articleAnother first for Limerick Greyhound Stadium admincenter_img WhatsApp Come dine with me fans take note…The Cornstore’s gourmet deli store on Thomas Street in Limerick, the ‘Cornstore At Home’, is launching a great deli challenge for all you creative cooks out there… Home-chefs everywhere are challenged to buy the ingredients for dinner for four people from the Cornstore’s deli for under €50 – that’s including a bottle of wine! After preparing the meal, Sign up for the weekly Limerick Post newsletter Sign Up participants are asked to photograph and upload the results to facebook or twitter, tagging the ‘Cornstore Limerick’ on facebook, and on twitter, @cornstore_limk and @cornstoreathome. Each month, the meal that is deemed to be the best and most creative work will be rewarded with a fantastic prize of dinner for four people in the stylish Cornstore Limerick restaurant. Judges will include Cornstore Limerick Head Chef Maura Baxter, and restaurateur Padraic Frawley as well as industry experts who will be consulted for their personal favourites along the way. The competition kicked off at the start of this month and will run every month. If you think you have what it takes to win the prize, get into the Cornstore At Home deli on Limerick’s Thomas Street and get creative!Gold for Limerick coffee roastersPónaire Coffee Roastery in Limerick is pleased to announce that their persistent attention to detail and tweaking of their roasting techniques, is paying off – all three of the coffees that they submitted to the judging panels at the Guild of Fine Foods this year were awarded Gold Stars. Jennifer says that “Our Brazil Fair-trade coffee that we launched in 2010 was awarded 2 Gold Stars – the judges commented on its “sweet aroma and immediate sweet hit”.  “Our European Espresso Blend earned a Gold Star for its “really good flavours, good balance of acid and wine-gummy finish”.  Our Costa Rica Morning Blend also won a Gold Star for its “balance of flavours and no bitterness”.  These Great Taste Awards add to the 3 Stars awarded in 2010 to the company’s Indian Blend and 1 Gold star awarded to the Connoisseur Blend in 2009 and 2010.  Facebook NewsBite size pieces – Cornstore challenge & PonaireBy admin – August 10, 2011 593 last_img read more

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Broken promises and emoji buttons: What’s next for Sports Direct?

first_img Leave a Reply Click here to cancel reply.Comment Name (required) Email (will not be published) (required) Website But the myriad problems at Sports Direct go far deeper than a debate over hours.Recent revelations over the use of fingerprint recognition technology at the company’s Shirebrook warehouse in Derbyshire led to a fresh wave of accusations last week.Unite claims that the firm has introduced touch pads with emoji-style happy or sad faces to gauge staff satisfaction and indicate whether employees believe they are treated with respect.The catch is that while staff who touch the happy face as they clock in are free to begin work, those who select the sad emoji are automatically identified and called in for a meeting with management.Speaking their mindWillmott adds: “Trust is key to positive and sustainable employment relations and unless staff feedback mechanisms are anonymised, people will not feel they can be open and honest in their responses, which will undermine confidence in the process and the workplace.”Both Willmott and Flynn recognise that Sports Direct’s mainly young and often migrant workforce has compounded problems at the firm.“Lack of awareness of employment rights among 16 to 24-year-olds is an ongoing issue for everyone who cares about deteriorating working conditions and it’s vital that we do all we can to arm these very inexperienced workers with the facts,” says Flynn.“The fact that most of the warehouse people are migrant agency workers from eastern Europe, where suspicion of trade unions is deeply entrenched, is another complicating factor.”While Willmott describes revelations such as a woman forced to give birth in a company toilet because she was frightened to take time off work “truly shocking”, he doesn’t believe that conditions at Sports Direct are typical of employers in the UK.“We still come across businesses with very outdated attitudes, but I believe that they are outliers rather than representative of 21st century corporate Britain as a whole.”As for Hellawell’s surprise survival as chairman of the firm, Unite is biding its time. “Given that the company has been engaged in a £90 million share buy-back and has significantly reduced the number of independent shareholders eligible to vote, the 57% to 43% result was astonishingly close,” says Flynn. “Neither Unite, nor the investors who are demanding real change at Sports Direct, are going away.” Peter MacDiarmid/REX/Shutterstock As Mike Ashley’s company hits the headlines again for its working practices, can it overcome its problems or do the issues run deeper? Virginia Matthews reports.The re-appointment of controversial Sports Direct chairman Keith Hellawell at its recent AGM by the slenderest of majorities was a temporary setback for investors who may have been hoping for a change in leadership at the top.Further resourcesTaylor review urges “good work” for allYet the retailer’s now-broken pledge to reduce zero hours contracts; as well as recent adoption of emoji- style fingerprint technology to record worker satisfaction, may only herald more damaging headlines in the days to come.Following two exposés and a parliamentary inquiry into alleged Victorian working conditions at the firm last year – during which it was accused of treating his 30,000 workers “without dignity or respect” – owner Mike Ashley promised to mend his ways.His core pledges were to replace zero hours contracts with permanent jobs among casual store staff, and to trial a scheme transferring 10 warehouse staff every month from agency contracts to direct employment.According to the trade union Unite, however, the retailer has now broken both of these promises and continues to routinely advertise roles without fixed hours at both Sports Direct and its sister business Flannels.Flexibility or financial nightmare?Unite’s head of campaigns Alex Flynn believes that by abandoning its 2016 pledges so publicly – a volte face which Mr Hellawell himself defended at the AGM – the firm has demonstrated “an almost breathtaking disregard for corporate governance”.While there is no official definition of zero hours contracts, they usually refer to agreements where no guaranteed number of paid working hours are set. An employee may receive 20 hours of paid work one week, say, followed by zero hours the following week.According to the most recent ONS (Office of National Statistics) Labour Force survey, 905,000 people in the UK reported being on a zero hours contract between October and December last year; 13% higher than in 2015.Around a third of those on zero hour contracts are between the ages of 16 and 24, and a fifth are in full-time education; two demographics that are well represented at Sports Direct.These contracts have been welcomed by those who require maximum flexibility, but critics say they make it difficult for staff to juggle financial commitments and may play a part in the UK’s rising rates of mental ill-health.Choice of contractsAccording to CIPD head of public policy Ben Willmott, neither side is wholly right. “The issue of zero hours is quite nuanced and complex,” he says.“We know from our research that only a minority of zero hours contract workers are dissatisfied with their working arrangements, with many students, carers and older workers in particular valuing their flexibility.”“ONS data also shows that less than 10% of zero hours workers would like a replacement job with new hours and less than a fifth of zero hours workers say they want more hours in their current job. Broken promises and emoji buttons: What’s next for Sports Direct?By Virginia Matthews on 12 Sep 2017 in Zero hours, Corporate governance, Employee engagement, Ethics, Personnel Today, Employment contracts “However employers need to ensure they have a clear rationale for using zero hours contracts, that they are managed well and that the flexibility they provide works for both the business and individuals.” Nicely-written article and timely reminder that despite the many advances made by HR professionals in recent times, some UK business owners are beyond redemption Elliott Nicholson 12 Sep 2017 at 10:34 am # Previous Article Next Article One Response to Broken promises and emoji buttons: What’s next for Sports Direct? Reply Related posts:No related photos.last_img read more

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The Miller Family To Sell Utah Jazz

first_img Tags: Utah Jazz October 28, 2020 /Sports News – Local The Miller Family To Sell Utah Jazz FacebookTwitterLinkedInEmailSALT LAKE CITY-Wednesday, Utah Jazz owner Gail Miller and her family announced the NBA franchise will be sold.A press conference is slated for 10:00 am this morning.Miller, the owner and chair of the Larry H. Miller Group of Companies (LHM Group) and her family announced entrance into “definitive agreements” to sell a majority interest in the Utah Jazz and other sports and entertainment properties to Ryan Smith.Smith, a technological entrepreneur, is the co-founder of Provo-based Qualtrics.Included in the pending transaction are the Utah Jazz, the Vivint Arena, the NBA G-League Salt Lake City Stars and management of the Triple A baseball affiliate Salt Lake Bees.Smith has long been a “strong corporate partner” of the Jazz and is the co-creator of the “5 For the Fight” jersey patch, the first philanthropic jersey patch in the history of North American professional sports.5 for the Fight has raised over $25 million since the patch partnership was announced three years ago.Smith expressed his thoughts as follows:“The Miller family has had an unbelievable impact on countless people throughout the Utah Jazz and the other organizations they run. We all owe a great debt to the Miller family for the amazing stewardship they have had over this asset for the past 35 years. My wife and I are absolutely humbled and excited about the opportunity to take the team forward far into the future–especially with the greatest fans in the NBA. The Utah Jazz, the state of Utah, and its capital city are the beneficiaries of the Millers’ tremendous love, generosity and investment. We look forward to building upon their lifelong work.” Written by Brad Jameslast_img read more

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OUSU’s £76,000 budget blunder

first_imgA footnote of OUSU’s budget seen this week by Cherwell reveals that their financial problems in 2008-9 were substantially worse than previously imagined.Last Trinity term, the OUSU Budget forecast the income from Oxford Student Services Limited, a subsidiary company of OUSU, at £80,000. In fact, just £4,717 was raised by OSSL in 2008-9. It is forecast that £28,680 will have been made by OSSL this year.OSSL is the part of OUSU responsible for the publication of the Oxford Handbook, The Oxford Student newspaper, the Fresher’s Guide, and running the Fresher’s Fair.The enormous overestimation was caused by a provision of bad debts of £12,000, six times higher than had been accounted for, and under-performance in advertising revenue.The OUSU Budget itself notes that this figure “was a vast overestimate of what OSSL could make.”The Budget produced by the previous OUSU team forecast a profit of £110 for this year. This was despite the fact that they had made a loss of over £57,000 last year. The current OUSU team forecast a loss of £61,000 for this academic year.OUSU President Stefan Baskerville said, “We have been very open and honest about the failures of the old financial model and we have taken effective and successful steps to make changes and put OUSU on a stable footing to serve students in the future.”The perceived financial stability and competence in the running of OUSU are the main reasons why Oriel Colllege voted this week to re-affiliate, for the first time since 2001.Mark Jesnick, Oriel JCR President said, “I think this OUSU regime has taken huge strides. The biggest thing they have done is change the financial structure and made it more stable and sustainable. This year OUSU has an excellent team and I feel it is in very competent hands.”Oriel’s referendum result had 72% of students in favour in re-affiliation, with 123 votes for and 48 against.Baskerville said, “We are very happy that Oriel students have decided overwhelmingly to have their common room affiliate to OUSU.”last_img read more

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