Deacons (East Africa) Plc ( 2016 Annual Report

first_imgDeacons (East Africa) Plc ( listed on the Nairobi Securities Exchange under the Retail sector has released it’s 2016 annual report.For more information about Deacons (East Africa) Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Deacons (East Africa) Plc ( company page on AfricanFinancials.Document: Deacons (East Africa) Plc (  2016 annual report.Company ProfileDeacons (East Africa) Plc sells a diverse range of clothing, footwear and accessories for men, ladies, children and babies through retail outlets in Kenya, Uganda, Rwanda and Tanzania. The company also sells a range of gym and sports apparel and household products. The latter includes dining and crockery ware and kitchen ware. Deacons (East Africa) Plc markets well-known fashion brands which includes 4u2, Angelo, Mr Price, Truworths, Babyshop and Bossini. Sports and fitness brands include Adidas, Reebok and LifeFitness. Its household and kitchen ware products are marketed under Mr Price Home. Deacons (East Africa) Plc is listed on the Nairobi Securities Exchangelast_img read more

BT’s share price has fallen to 170p. Here’s why I’m still not buying

first_imgBT’s share price has fallen to 170p. Here’s why I’m still not buying BT’s (LSE: BT.A) share price just continues to fall. This time last year, the FTSE 100 stock was trading at around 235p. Today, though, the shares are changing hands for around 170p.From a value investing perspective, BT certainly stands out right now. As a result of its share price fall, the stock currently trades on a rock-bottom forward-looking P/E ratio of just 7.2 – less than half the median FTSE 100 P/E of 15.4 – and sports a dividend yield of a huge 9%. However, I’m still not tempted to invest in the telecommunications giant. Here are a few reasons why.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Poor financial performanceMy first issue with BT is the group’s financial performance has been pretty poor recently. Just look at the company’s half-year results in late October – adjusted revenue fell 2%, adjusted EBITDA declined 3%, and normalised cash flow tanked 38%. The interim dividend was also held flat at 4.62p per share. I’d want to see some signs performance is improving before investing in the company.Balance sheet problemsAnother issue is BT’s balance sheet – it doesn’t look good. For example, at 30 September, net debt stood at £18.3bn. By contrast, equity on the balance sheet was £10.3bn and the company’s market-cap is currently about £16.9bn. There’s also a monster pension deficit on the books. This is concerning, to my mind, as highly-leveraged companies can be vulnerable in an economic downturn. Given that we could be towards the end of the current economic cycle, I think investing in BT right now is a risky move.Dividend cut riskI also remain convinced BT’s dividend is at risk of a cut in the near term. The fact the yield has risen to nearly 9% suggests the market shares the same view.One red flag here is the fact the full-year dividend payout has been held flat at 15.4p per share for a few years now. This pattern often precedes a cut. It’s also worth noting the consensus dividend forecast for the year ending 31 March 2021 is 12.2p per share. In other words, many analysts believe a cut is on the horizon.Given the company’s large debt pile, its huge pension deficit, and its increasing capital expenditures, I wouldn’t be surprised at all if BT’s dividend payout was cut.The trend is not your friendFinally, from a technical analysis point of view, the share price trend here remains down. As my colleague Kevin Godbold recently pointed out, shares are more likely to continue a trend than they are to reverse direction. So, right now, investing just doesn’t seem wise.Of course, at some stage in the future, BT could turn things around and see an increase in its share price. However, given the company’s lack of momentum at present, I think there are much better FTSE 100 stocks to buy at the moment. Edward Sheldon, CFA | Tuesday, 28th January, 2020 | More on: BT-A Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Edward Sheldon has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Edward Sheldon, CFA Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shareslast_img read more

This Day in History: Magna Carta Sealed

first_img Free webinar for job seekers on best interview answers, hosted by Goodwill June 11  From The History Channel Following a revolt by the English nobility against his rule, King John puts his royal seal on the Magna Carta, or “Great Charter.” The document, essentially a peace treaty between John and his barons, guaranteed that the king would respect feudal rights and privileges, uphold the freedom of the church, and maintain the nation’s laws. Although more a reactionary than a progressive document in its day, the Magna Carta was seen as a cornerstone in the development of democratic England by later generations. John was enthroned as king of England following the death of his brother, King Richard the Lion-Hearted, in 1199. King John’s reign was characterized by failure. He lost the duchy of Normandy to the French king and taxed the English nobility heavily to pay for his foreign misadventures. He quarreled with Pope Innocent III and sold church offices to build up the depleted royal coffers. Following the defeat of a campaign to regain Normandy in 1214, Stephen Langton, the archbishop of Canterbury, called on the disgruntled barons to demand a charter of liberties from the king.In 1215, the barons rose up in rebellion against the king’s abuse of feudal law and custom. John, faced with a superior force, had no choice but to give in to their demands. Earlier kings of England had granted concessions to their feudal barons, but these charters were vaguely worded and issued voluntarily. The document drawn up for John in June 1215, however, forced the king to make specific guarantees of the rights and privileges of his barons and the freedom of the church. On June 15, 1215, John met the barons at Runnymede on the Thames and set his seal to the Articles of the Barons, which after minor revision was formally issued as the Magna Carta.The Magna Carta The charter consisted of a preamble and 63 clauses and dealt mainly with feudal concerns that had little impact outside 13th century England. However, the document was remarkable in that it implied there were laws the king was bound to observe, thus precluding any future claim to absolutism by the English monarch. Of greatest interest to later generations was clause 39, which stated that “no free man shall be arrested or imprisoned or disseised [dispossessed] or outlawed or exiled or in any way victimised…except by the lawful judgment of his peers or by the law of the land.” This clause has been celebrated as an early guarantee of trial by jury and of habeas corpus and inspired England’s Petition of Right (1628) and the Habeas Corpus Act (1679).In immediate terms, the Magna Carta was a failure–civil war broke out the same year, and John ignored his obligations under the charter. Upon his death in 1216, however, the Magna Carta was reissued with some changes by his son, King Henry III, and then reissued again in 1217. That year, the rebellious barons were defeated by the king’s forces. In 1225, Henry III voluntarily reissued the Magna Carta a third time, and it formally entered English statute law.The Magna Carta has been subject to a great deal of historical exaggeration; it did not establish Parliament, as some have claimed, nor more than vaguely allude to the liberal democratic ideals of later centuries. However, as a symbol of the sovereignty of the rule of law, it was of fundamental importance to the constitutional development of England. Four original copies of the Magna Carta of 1215 exist today: one in Lincoln Cathedral, one in Salisbury Cathedral, and two in the British Museum.For more on this story and for videos from The History Channel, go here. Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address here LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment. TAGSMagna Carta Previous articleCity Council confirms new Fire ChiefNext articleFood Allergy, Intolerance, & Sensitivity: What’s the Difference? Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here The Anatomy of Fear Please enter your comment!last_img read more

Pyrus House / ‘Snow AIDe

first_img “COPY” Projects ShareFacebookTwitterPinterestWhatsappMailOr Clipboard 2015 Save this picture!© Jungmin Seok+ 36 Share ArchDaily photographs:  Jungmin SeokPhotographs:  Jungmin SeokSave this picture!© Jungmin SeokRecommended ProductsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWindowsJansenWindows – Janisol PrimoMetallicsSculptformClick-on Battens in Ivanhoe ApartmentsText description provided by the architects. Pyrus House was started from the desire of home theater. The client determined to go to suburban area of Ansung City, where is 80Km away from the central Seoul. Ansung is famous for pear production.  A pear orchard is adjoined about 2M below the east side of the site. The condition of the site is a linear pattern from south to north and approaching road is parallel to the westward side of the site.Save this picture!DiagramThe client couple and a son will live in this house and his grandmother will stop from time to time. The main concern of design is to define a relation between home theater and other programs. Because vibration and sound could disturb whole house, it should be independent and related at the same time. The required size of the home theater is 5m in width and 7m in length at least and effect of natural light should be minimized.Save this picture!© Jungmin SeokOur strategy was placing the home theater parallel and below the road. Other spaces embrace it at various distances. Windowless wall of the home theater keeps the house private from the road. Since it is semi underground space, a sunken deck was adjoined for ventilation and natural light.Save this picture!© Jungmin SeokFrom the narrow entrance hall, the space between upper level master zone and lower level home theater is dramatically exposed to high ceiling and dark mass of Master zone is floating over dining space, where is open to pear orchard view.  The child’s room on upper level has high ceiling with attic space, where is his secret playground. Open gate guide to family room. It is open to mountain views to the north and east side while overlooking in between space. Narrow corridor leads to open master bathroom and master bedroom.Save this picture!© Jungmin SeokProject gallerySee allShow lessExhibition: ARCHI DEPOT TOKYOEventDoll’s House / BKK ArchitectsSelected Projects Share South Korea Year:  CopyHouses•Anseong-si, South Korea Pyrus House / ‘Snow AIDeSave this projectSavePyrus House / ‘Snow AIDe Photographs Year:  “COPY” Area:  270 m² Area:  270 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Architects: ‘Snow AIDe Area Area of this architecture project Houses Pyrus House / ‘Snow AIDe 2015 CopyAbout this office‘Snow AIDeOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesAnseong-siSouth KoreaPublished on July 06, 2015Cite: “Pyrus House / ‘Snow AIDe” 06 Jul 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogVentilated / Double Skin FacadeTechnowoodClick Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisOxidized Copper: Nordic BrownAcousticKvadrat AcousticsAcoustic Panel System in AMOREPACIFIC HeadquartersStonesCosentinoSilestone® Surfaces – Loft SeriesWoodLunawoodThermo Timber and Industrial ThermowoodLightsLouis PoulsenOutdoor Lighting – Flindt PlazaTiles / Mosaic / GresiteLove TilesPorcelain Tiles – NestAluminium CompositesMetawellAluminum Panels for Interior DesignMetallicsRHEINZINKZinc Roof Systems – Double Lock Standing SeamStoolsWilkhahnOffice Stool – Aline-SBulbs / Spots / Wall LightsUniosHorticultural Luminaire – Kobe FloMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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

ChipIn offers free way to collect money online from social networks

first_imgChipIn offers free way to collect money online from social networks AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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 Researching massive growth in giving.  16 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis ChipIn is a US-based service, soft-launched in May 2006, that allows people and their friends to collect money or chip in to a collection for a charity or other project. Currently it does not charge for its services, whether you are an organiser, participant, or recipient.ChipIn’s creators say that it “makes collecting money from your social network easy by automating the time-consuming process of soliciting and collecting monetary contributions.”The service is not aimed solely at charities and nonprofit organisations. Indeed, most of the uses that the site suggests for its service are personal and individual, such as a birthday or wedding present, sharing rent, splitting bills, office parties, and group travel. Advertisementcenter_img Tagged with: Digital Howard Lake | 19 July 2006 | News To set up a ChipIn appeal you need to plan to ask at least three people via email, and set a target of between $10 and $3,000. You need to select a closing date: appeals can not just run and run.You can choose whether you want to make your ChipIn private or public, and the site now offers tools that enable users to add links to their ChipIn on their website or blog.Participants can contribute to a ChipIn using PayPal or any major credit card, and they are not required to register or provide any personal information to contribute.ChipIn does not collect any funds until the event is successful, at which point it sends participants a “Thank You” email. If the event total is not reached in time you can choose to collect whatever money has been pledged or cancel the event/appeal and not charge the contributors.As such this is not a rival to the established online donation services offered by Justgiving, Bmycharity and Charities Aid Foundation. Given it’s US origins there is for example no facility to add a Gift Aid declaration for donations to registered charities.However, it could prove a useful tool for organisations keen to exploit the possibilities of social network giving. More importantly though it could help fundraisers think through the essential elements of setting up an online appeal. In addition, as social network sites such as MySpace, Bebo and SecondLife gain popularity and user numbers, such a non-charity specific method of giving could prove popular and therefore another channel for charities.ChipIn is not unique. Its features are similar to those of dropcash and, for example, although the latter currently charges 8.9%. The UK’s .net magazine featured ChipIn recently and gave it a 59% chance of survival. Gift Hub described it as “Grassroots giving through technology. Nice idea”.At the very least it qualifies as one of the small but growing number of fundraising or giving-related “Web 2.0” services that UK Fundraising has been following and reporting on.To find out how easy it is to set up a ChipIn we’ve created one for UK Fundraising:last_img read more

Charity Bank raises nearly £5 million in subordinated debt

first_img Advertisement Charity Bank has announced the successful raise of nearly £5 million in subordinated debt as well as plans to attract an additional £10 million in new equity investment from charities, trusts and foundations.This capital will enable Charity Bank to grow its support for the social sector and increase its capacity to respond to a growing demand for repayable finance, including the significant unmet demand for unsecured funding.Charity Bank has grown its loan book by an average of 28% over each of the past four years and is now seeking to secure further investment to meet its objective of doubling its lending to charities and social enterprises by 2024 and extending its offering to smaller organisations where the funding gap is most acute.As a regulated, deposit-taking bank, Charity Bank can leverage equity investment to multiply its social impact: for every £1 of capital raised, Charity Bank can raise about £7 in deposits from retail savers and therefore lend approximately £8 to organisations delivering positive social change.78% of Charity Bank borrowers that took part in its recent social impact study say their project would not have gone ahead without the funding, and 30% said it helped keep their organisation afloat.Ed Siegel, Chief Executive, Charity Bank, said:“We believe that the current expansion of our investor base represents a potentially very powerful opportunity for many charities, trusts and foundations looking to use social investment as one means to achieve their social objectives. We will leverage every pound of the investment we raise to make around £8 of loans to help charities and social enterprises fulfil their missions and tackle some of the most challenging issues facing UK society today.“Further equity investment will help Charity Bank become an enduring institution that can continue responding to the needs of the sector and allow more savers to put their money to work for the benefit of society. Having recently made our 1000th loan, we’re now in a strong position to move into the next stage of our growth journey, supported by £10m in new equity investment and the recent successful raising of almost £5 million in subordinated debt.”The subordinated debt initiative – which benefitted from specialist advice and capital raising support from ClearlySo and Allia C&C as well as the impact wealth manager Tribe Impact Capital – successfully attracted nearly £5m in long-term capital, raised almost exclusively from eligible individual investors that will benefit from the Community Investment Tax Relief (CITR) that is attached to the offering. Melanie May | 28 November 2019 | News Tagged with: Charity Bank Finance AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  422 total views,  2 views today Charity Bank raises nearly £5 million in subordinated debt  423 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via read more

Seed Consultants Market Watch 10:29 update with Gary Wilhelmi 11/26/2012

first_imgHome Market Market Watch Seed Consultants Market Watch 10:29 update with Gary Wilhelmi 11/26/2012 Previous articleSeed Consultants Market Watch Morning with Gary Wilhelmi 11/26/2012Next articleMatt Hutcheson Named Product Manager for Seed Consultants, Inc. Hoosier Ag Today Seed Consultants Market Watch 10:29 update with Gary Wilhelmi 11/26/2012 By Hoosier Ag Today – Nov 26, 2012 SHARE S&P 1402 off 7 with support at 1380Cattle call steady to higher and hogs steadyWatch show lists in cattle and boxed tradeDec hogs are at a $4 premium to cashPork margins positivePork supplies plentifulIraq and Jordan shop for wheat but US is noncompetitive188,000 of soy oil sold sine 11-14 to unknowns and ChinaGulf corn and soybeans steadyCorn is three month consolidationJapan was lead buyer of corn last week due to shipment delays out of Brazil Facebook Twitter SHARE Facebook Twitterlast_img read more

Community Leaders Gain Perspective on the Local Impact of Agriculture

first_imgHome Indiana Agriculture News Community Leaders Gain Perspective on the Local Impact of Agriculture Community Leaders Gain Perspective on the Local Impact of Agriculture By Gary Truitt – Oct 6, 2015 SHARE Facebook Twitter Helping community leaders understand the journey corn and soybeans take from farm to business was the goal of the recent “Follow the Grain Tour” sponsored by Indiana Corn Growers Association and Indiana Soybean Alliance’s Membership and Policy committee. On Sept. 29, economic development leaders from various state and local agencies attended the tour which provided attendees a clear picture of idea of how agriculture – from family-owned grain and livestock farms to food processing – can bring value to our local and state economies.“The Follow the Grain Tour gave farmers like me a chance to show local civic and economic leaders the value that modern agriculture brings to our state and communities,” said Don Wyss, a corn and soybean farmer and ISA vice president. “Through traveling the path that grain takes from the farm to the end consumer product, tour attendees gained a firsthand knowledge of the countless ways that agriculture can build strong communities and local economies.”The tour began at Prairie Farms located in Fort Wayne, Ind. and then traced the journey of corn and soybeans backward, from the food processing plant to a family farm. Tour attendees visited Kuenhert Dairy Farms and soybean processor Bunge North America, and then concluded at Wyss Family Farms, a family corn and soybean farm. “At the Indiana Economic Development Association, we define economic development as ‘the facilitation of investment that leads to long-term community prosperity,’” said Lee Lewellen, executive director of the Indiana Economic Development Association. “Nothing fulfills that definition for Indiana better than 21st century agriculture. Many times, we talk about attracting technology and innovation to Indiana, but on the Follow the Grain Tour, we got to see that Indiana’s ag industry already embodies technology and innovation.”The tour built off the conversation began at the Indiana Livestock, Forage & Grain Forum about the ways that livestock production, as well as corn and soybean farms, benefit rural communities. Annually, Indiana’s animal agriculture industry contributes $7.3 billion in economic output and provides more than 38,000 jobs for Hoosiers.“Participating in the Follow the Grain Tour was a great opportunity to see the direct impact of farming on both the local and world economy,” said John Urbahns, Fort Wayne vice president of economic development. “Farming plays a much bigger role in supporting other local industries than most people realize. Without producing the raw goods in our community we wouldn’t have the opportunity to host many of the companies that call Indiana home.” Facebook Twitter SHARE Previous articleCrude Oil Hits 5 Week HighNext articleInternational Battle lines Being Drawn Over TPP Gary Truittlast_img read more

Tar Spot Reduced Corn Yield Significantly in 2018; What Will 2019…

first_img Tar Spot Reduced Corn Yield Significantly in 2018; What Will 2019 Bring?Purdue Extension Field Crop Pathologist Darcy TelenkoChances are, if you’re a farmer, you’ve heard about tar spot in corn by now. Hopefully, though, you haven’t had to deal with it yet like some Northern Indiana farmers. Purdue Extension Field Crop Pathologist Darcy Telenko says this is still a new disease, popping up in the US for the first time in 2015, with little research done. But after last year, Telenko wants more data after finding that it can lead to severe yield loss.“What we’re trying to do is just gather that information to really understand a bit about this pathogen and how do we manage it. At the end of the (2018) season, we estimate that we saw 20-50 bushel yield losses in some of those hard hit fields.”11 counties up near the Indiana/Michigan state line have fields with a positive test result for tar spot. Telenko says it’s easy to spot tar spot as it looks like someone splattered the leaf with tar from a paint brush.“The unique thing about this is if you touch that leaf, it’s almost like a raised bump, and if you scratch at it that spot is not going anywhere. If it’s an insect or some other issue, it generally will rub off. Some of the other diseases may be sporulating, you might get some of those spores on your fingers, but again the tar spot, it’s a raised bump, looks like a black spot, but it could be anywhere from a spot to an elongated lesion and there may be hundreds a little spots there.”Telenko said that last year was the “perfect storm” for tar spot and it exploded early in the canopy causing those significant yield losses. What about this year?“As of 2-3 weeks ago, we are starting to see more activity. We have research plots up at Pinney (Purdue’s research farm on the Porter-LaPorte county line) and it’s moved in the lower canopy and it’s slowly making its way up, but I’ve been in fields this past week that have 100 percent infection and the corn is infected all the way to the top. That being said, most of our corn is reaching R5 maturity, so I don’t know the yield impacts will be as bad as we saw last year, but we do have some severely infected fields.”You can learn how to submit a crop disease sample here.Listen to the full interview with Telenko below for more info on tar spot and other diseases impacting corn and soybeans across the state.Purdue Extension Field Crop Pathologist Darcy Telenko SHARE Facebook Twitter Facebook Twitter By Eric Pfeiffer – Sep 5, 2019 SHARE Tar Spot Reduced Corn Yield Significantly in 2018; What Will 2019 Bring? Home Indiana Agriculture News Tar Spot Reduced Corn Yield Significantly in 2018; What Will 2019 Bring? Previous articleU.S. Ag Follows Japan Announcement with Trade MissionNext articleRyan Martin’s Indiana Farm Forecast for September 6, 2019 Eric Pfeifferlast_img read more

Community radio station closed down on the grounds that it was operating illegally

first_img RSF_en August 31, 2005 – Updated on January 20, 2016 Community radio station closed down on the grounds that it was operating illegally Help by sharing this information News Reporter killed in ambush after police protection withdrawn February 10, 2017 Find out more October 20, 2014 Find out more Reporters Without Borders today condemned the closure on 26 August of Capiibary-based community radio station Ñemity FM in northern Paraguay, on the grounds that it was operating illegally. The organization view this closure as an arbitrary measure aimed at silencing this station in particular. Brazilian journalist murdered at home in Paraguay Receive email alerts ParaguayAmericas to go further February 14, 2020 Find out more News Organisation Follow the news on Paraguay Latin America’s community radio – a key service but vulnerable ParaguayAmericas News News Reporters Without Borders today condemned the closure of Capiibary-based community radio station Ñemity FM in northern Paraguay in a 26 August raid by officials from the National Commission for Telecommunications and around 200 policemen who confiscated its equipment on the grounds that it did not have licence. The raid was ordered by the prosecutor of the city of Curuguaty.”As most of Paraguay’s community radio stations do not have any official authorisation to broadcast, we view Ñemity FM’s closure as an arbitrary measure aimed at silencing this station in particular,” the press freedom organisation said.”We call on the authorities to speed up legislation for community radio stations so that they can broadcast freely, without constant fear of being closed or their equipment being seized,” Reporters Without Borders added.The station’s equipment was already confiscated on 3 July 2002.The World Association of Community Radio Broadcasters said Ñemity FM began all the paperwork necessary for official approval a year ago and obtained a promise from the authorities that it would be allowed to continue operating in the meantime. The delays in processing the application have been due to administrative obstructiveness that is the result of an obvious lack of political will to legalise radio stations that serve as a mouthpiece for the general public, the association added.Reporters Without Borders has registered two other press freedom violations affecting community radio stations this month.The studios of radio Quebracho Poty in northeastern Paraguay were destroyed by a firebomb on 2 August, while Daniel Martínez and Álvaro Mondito of radio El Puente de La Teja received anonymous phone calls in early August advising them to “take care of themselves.” Previously, the station received e-mail warnings that a demonstration would be held outside to demand the closure of what was a “den of iniquity.”last_img read more