John B. S. Davies, President, LBDI and President, LBAThe Liberia Bank for Development and Investment (LBDI) has acceded to the peer review of the Prudential Standard Guidelines and Rating System (PSGRS) of the Association of African Development Finance Institutions (AADFI). This makes the Bank the first financial institution in Liberia preparing to be rated by the Association.The AADFI-PSGRS mechanism was co-initiated by the African Development Bank with the aim of assessing Development Finance Institutions (DFIs) in the key areas of Governance Standards, Financial & Prudential Standards and Operational Standards.The PSGRS and the peer review exercise are intended to assist member institutions to identify their strengths and weaknesses with a view to applying remedial measures to ensure that African DFIs reflected international best practices in their operations.LBDI made a statement of intent on becoming a PSGRS compliant development finance institution last week when it hosted a two-day training session on PSGRS compliance for senior and middle-level managers at its 9th Street Corporate office on July 3 and 4.The seminar was facilitated by seasoned AADFI experts, who were led by Mr. Attiogbe Koku Akogoni and his colleagues, Mr. Konate Yacouba and AADFI peer review consultant, Mr. Paul Yuma Morisho.Speaking at the closing ceremony of the seminar, LBDI Chief Executive Officer, Mr. John B. S. Davies, III assured the public that LBDI will be the first bank to successfully pass the litmus PSGRS evaluation test for AADFI rating.“We have no doubt that LBDI will be the first bank in Liberia to achieve this feat,” he said noting, however, that Management will not rest on its laurels, but will work with all stakeholders across the banking industry to ensure that no effort is spared in providing access to finance to the Liberian populace.According to Mr. Davies, LBDI had to first meet the Central Bank of Liberia’s (CBL) requirement on international financial reporting standards (IFRS) before venturing into acceding to PSGRS peer review.“We [LBDI] led the way in meeting the IFRS requirement by the CBL and our report has already been published,” he said.Mr. Davies thanked AADFI for sending the ‘brilliant’ facilitators and said the move to accede to the PSGRS of AADFI is intended to take LBDI to another level and enhance the Bank’s credit rating system in line with international best practices.He noted that it is the responsibility of LBDI to lead by example because the Bank is the premiere development finance institution in the country.The LBDI CEO described his bank’s accession to the PSGRS as another milestone in ensuring that LBDI adapts best practices and sound banking procedures, actions and endeavors in the interest of advancing its strategic plan.“I am aware of the fact that the first attempt by many of our colleague development finance institutions, who are members of AADFI, did not do quite as well as we’ve done in our first revision. That progress is an attestation that Liberia’s banking sector is vibrant and that our regulatory framework is strong,” he said.For his part, the Deputy Director for Regulation and Supervision at the CBL Mr. Michael B. Ogun described as a milestone, the decision by LBDI Management to accede to AADFI’s PSGRS.According to Mr. Ogun, LBDI has crossed the bridge and open the way for other banks to follow suit in order to improve their credit rating.“This landmark gain by LBDI is welcoming because Liberia is not rated. Sierra Leone, Ghana, Nigeria and most of the other countries are rated, but Liberia is not rated,” the CBL Deputy Director declared.He stressed the importance of the country’s banks being rated and said it attracts potential investors. Mr. Ogun challenged AADFI and other credit rating agencies to ensure that LBDI succeeds so that country’s financial institutions will be listed. The Association of African Development Finance Institutions has, since its creation in 1975, continued to promote activities that support African national and sub-regional DFIs in achieving their mandates.Since the adoption of the PSGRS in 2008, it has been used for peer review and rating of DFIs every two years, with the first exercise being conducted during the 2009 CEOs Forum held in Ezulwini, Kingdom of Swaziland in November 2009.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
In light of the University of Guyana’s Medical School losing its full accreditation in 2014, Minister of Public Health Dr George Norton related that the establishment of a new medical building for students to practice, will begin before year-end in the compound of the Georgetown Public Hospital (GPH) with the expectation of regaining its full accreditation in 2017.According to Dr Norton, the new facility will be a four-storey structure costing US million, of which million have already been accumulated through donations of Yesu Persaud, former chairman of DDL. He highlighted that the Ministry’s other means of funding would be through donations of other businesses.“First of all, we have this donation by Mr Yesu Persaud, of million which has taken us a far way and we have other means of getting funds. We would ask other business agencies like DDL to chip in and we plan to approach the alumni and of course we will continue to look at other possibilities,” Norton relayed.The Minister of Public Health also relayed that the construction of the structure will begin soon and though he was not specific, he voiced that it should be completed in order to have the Medical School accredited by 2017.The Medical School in 2014 lost its full accreditation after a visit from the CAAM-HP revealed that a number of recommendations to improve the institution were not adhered to.
Anti-money laundering fight…Inter-agency cooperation a work in progress – UK AdvisorThe Special Organised Crime Unit (SOCU) had previously been cited for not implementing a number of recommendations made by a special security advisor brought from the United Kingdom. Among those recommendations were the institution of cash sniffer dogs at ports of entry.SOCU Advisor Sam SittlingtonProviding an update on the progress SOCU has made since his return early this year, UK-based advisor Sam Sittlington revealed that these specialist dogs are being sourced from the United States and Canada… though they will have to be trained and acclimatised locally.“Regarding the cash dogs, this is in process,” Sittlington explained. “And I’ve spoken to them, and they have a good arrangement for bringing dogs here to be utilised at the airports. That’s very important. Things are just taking their time, but I’m gradually seeing improvements.”Sittlington acknowledged that while dogs here could be used, they are not trained specifically to sniff out cash. He cautioned that, because of the need to train these cash dogs, it would take time to get the programme up and running.“There are dogs being trained in Canada and the US. They have to be brought here and be trained specifically on certain cash, and that takes about three to five months. They have to be introduced to their trainers, and the process of working together has to take place before they can actually be utilised,” Sittlington explained.Interagency cooperationCoordination between different agencies in the anti-money laundering fight is a sore point, especially with the release of a recent United States report that has turned the spotlight on inter-agency fractions.The US International Narcotics Control Strategy Report (INCSR), volume two of March 2018, declared there was a lack of strong interagency cooperation among AML and drug-fighting agencies, adding that these departments did not have adequate human resources and the necessary training for complete effectiveness.It was outlined that Guyana should continue to provide training to “increase awareness and understanding of AML laws within the Judiciary and agencies. The major agencies involved in anti-drug and money laundering efforts, such as the Guyana Police Force (GPF); the Guyana Revenue Authority (GRA); the Customs Anti-Narcotics Unit (CANU); the Special Organised Crime Unit (SOCU), and the Financial Intelligence Unit (FIU), were observed as not being effective enough, owing to “inadequate human resources, insufficient training, and a lack of strong interagency cooperation”.That report had also listed Guyana among many other countries as “major money laundering jurisdictions in 2017”. But according to Sittlington, inter-agency cooperation is an ongoing process.“We have regular inter-agency meetings. That’s an ongoing process. Everyone knows the protocols, everyone knows the importance of collaboration; and that is happening. I can say categorically it is happening, and it’s improving,” the specialist advisor said.
0Shares0000Kariobangi Sharks forward Masoud Juma against Edoret Youth’s Philex Kwemoi. Photo/RAYMOND MAKHAYANAIROBI, Kenya, Aug 19 – Kenyan Premier League side Kariobangi Sharks sailed through to the semi-finals of the GOtv Shield after walloping Division One side Eldoret Youth 5-0 in the quartets played at the Nyayo National Stadium on Saturday.Elsewhere, Bandari’s dream to reclaim the domestic title went up in smoke after succumbing to a 3-1 defeat at the hands of nine-man Sony Sugar. Masoud Juma found the back of the net twice as Duke Abuya, Ebrimah Sanneh and Sven Yiddah netted a goal apiece to round up the rout.Minnows Eldoret Youth had the first chance three minutes after kick-off when Kevin Cheti found himself through on goal, but with only Robert Mboya to beat at Sharks goal, the striker shot wide.Sharks took control of the clash pinning the Eldoret based outfit in their own half with Masoud Juma proving why he is in the national team, scoring the opener at the quarter mark with a simple finish.This is after Eldoret keeper Reagan Wanjala had saved an initial shot from Duke Abuya. Ten minutes later, Kevin Mwanzi hit the upright in what would have been a stunning equalizer for the Division One side.Paul Kamau and Ebrimmah Saneh both came close to adding to Sharks’ tally before the break but fluffed the chances.In the second half, Sharks looked to dictate the pace of the match, both sides had a couple of half chances early on but failed to utilize them. Sharks finally took control of the game creating chances but Eldoret based side looked dangerous on the break.Two quick fire goals in the 57th and 60th minutes put the match beyond Eldoret Youth’s reach; Duke Abuya beat the offside trap to double Sharks’ advantage and three minutes later Masoud Juma got his second when he controlled a Paul Kamau cross before firing past Wanjala.Sven Yiddah and Ebrimah Saneh added two late goals to complete the rout.0Shares0000(Visited 1 times, 1 visits today)
0Shares0000(Visited 6 times, 1 visits today) — Tottenham Hotspur (@SpursOfficial) April 24, 2018The humble, soft spoken Kipchoge whose prowess in road running has edged him into legendary status met a section of the Tottenham team alongside his coach Patrick Sang.Left to right- Tottenham Hotspur players Dele Alli , Victor Wanyama, Serge Aurier and Paulo Gazzaniga with Eliud Kipchoge (centre). PHOTO/Tottenham Hotspur.They had a chit chat with Wanyama himself and head coach Mauricio Pochettino, perhaps both of them whispering to each others’ ears some tips on champion mentality.“Thank you very much for the wonderful day,” Kipchoge tweeted after the meet up at Hotspur Way.Wanyama was at hand to congratulate Kipchoge after his conquest in London, tweeting the Olympic champion alongside Vivian Cheruiyot following their victory.Eliud Kipchoge with Tottenham Hotspur boss Mauricio Pochettino. Photo/TottenhamKipchoge has had a brilliant week as he was crowned the World Marathon majors Champion just after his success in London for a third consecutive season.The 34-year old is expected to give a stab at Dennis Kimetto’s World record during September’s Berlin Marathon.Thank you very much for a wonderful day! https://t.co/XQK1dmCRnN— Eliud Kipchoge (@EliudKipchoge) April 24, 2018 0Shares0000Harambee Stars skipper Victor Wanyama handing over Tottenham Hotspur shirt to three-time London Marathon champion Eliud Kipchoge. Photo/Tottenham HotspurNAIROBI, Kenya, Apr 24- Fresh from earning his third title at the London Marathon on Sunday, Olympic champion Eliud Kipchoge took a bit of his recovery time to drop down to Hotspur Way, home to Tottenham Hotspur to pay a visit to Harambee Stars skipper Victor Wanyama.🥇 Pleased to welcome #LondonMarathon winner @EliudKipchoge and @MaurtenOfficial to Hotspur Way today! 🇰🇪 pic.twitter.com/yfX1xWbqN1
On November 16th next, an Outside the Box workshop called ‘Running with Scissors’ will be attended by business owners from all over the county.The workshop will cover everything from protecting your business, creating the life you want, to reaching your target market and making more money. This workshop has everything a business owner needs to know to create a successful business.The workshop, which takes place at the Letterkenny’s LYIT CoLab Building will have 5 local industry leaders speaking on all things business! The speakers include;Dearbhail Mulhern, Solicitor and owner of Mulhern Solicitors. Dearbhail will talk about how deaths, marriages and births can affect your business and how this can be managed.Joe Coyle Lifestyle and Financial Planning Coach. Joe will be talking about how business owners can create the life they want!Emma Boylan, Marketing Consultant from Outside the Box will help attendees who are struggling with sales, find a faster path to more money by developing a crystal clear message that attracts their ideal prospects and helps them say “Yes!” Bernard Gallagher, Branding Consultant from CBM Signs will show you how you can brand on a budget and still boost your sales with a expense VS investment return.Simon Cosgrove, web designer and consultant from Zynda Media will show attendees how they can build a website that works while they sleep.The speakers combined have vast experience in helping business owners achieve more, two of the speakers have even been nominated for awards for Business Person of the Year.Emma Boylan from Outside the Box commented “We decided to host this workshop as we feel our combined expertise would be useful to any business owner but also we have heard over and over business owners complaining about wasting their time going to workshops that didn’t give them any tangible takeaways. We have spent months developing ‘Running with Scissors’ so every participant will feel they have invested in themselves and their business and will walk away with a plan for success!”The group will be taking the workshop on a road trip around the country in 2017 but wanted their home county to get the first look! To book or find out more contact Emma on 086 3303986 or Book directly here ; https://www.eventbrite.co.uk/e/outside-the-box-presents-running-with-scissors-tickets-29273053491?aff=efbeventA one kind of business workshop comes to town! was last modified: November 10th, 2016 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)
A leading lawnmower supplier has warned people to have their lawnmowers serviced ahead of the grass-cutting season – or face thousands of euros in damage.Kevin Gallinagh of Letterkenny Tool Hire says the sound of lawnmowers up and down the county is not too far away.However he said he wants to advise people that now is the time to get the lawnmowers, including ride-on mowers, out of the garage. “A lot of people don’t realise that lawnmowers, especially ride-on lawnmowers, are very like small cars.“They need to have their engines checked and oil changed regularly and now is the time to do that.“People will start thinking about cutting their grass form as early as the end as February.“More often than not people will simply need a quick oil change and an overall examination. “It’s better to do that now rather than to watch their lawnmowers break down altogether,” he said.Kevin can be contacted on 087 2203307 or 0749122958. LAWNMOWER MANS WARNS – YOU CAN KISS YOUR GRASS GOODBYE! was last modified: February 3rd, 2012 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:Kevin GallinaghLetterkenny Tool Hireride-on lawnmoers
Cristiano Ronaldo has been renowned for decades as one of the greatest athletes on the planet.After being kicked mercilessly for his showboating when he arrived in England at Manchester United, the forward transformed himself into a physical specimen. 📹 Stepping into #CR7DAY like 😁 #CR7JUVE @Cristiano pic.twitter.com/7WzAz4lwDd— JuventusFC (@juventusfcen) July 16, 2018Ronaldo has just seven percent body fat, around three percent less than the average professional footballer.He also has 50 percent muscular mass, four percent higher than the average professional.He was also the fastest player at the World Cup, clocking an incredible top speed of 34 km/h according to FIFA. Ronaldo’s transformation was nothing short of miraculous Many thought at the age of 33, he would begin to slow down and look towards retiring.But that could not be further from the truth.After confirming he would be joining Juventus from Real Madrid, people were left astounded – but not as much as the Juve medical staff.In their regulation tests, it was found the Portugal captain had the physical capacities of a 20-year-old. 1
How Arsenal could line up in Arteta’s first official game in charge – Ozil return? Theo Walcott scored four goals in 16 Premier League games for Arsenal against Chelsea, giving him a ratio of 0.33 goals per game Eden Hazard has scored four goals in 12 Premier League games for Chelsea against Arsenal, giving him a ratio of 0.33 goals per game 7 Every current Premier League club’s best kit from the past decade Tottenham predicted XI to face Brighton with Mourinho expected to make big changes 7 MONEY gameday Every Championship club’s best signing of the decade, including Taarabt and Dack Didier Drogba Chelsea) has scored eight goals in 12 Premier League games against Arsenal giving him a ratio of 0.66 goals/game 7 7 7 NEW ERA At Stamford Bridge in the Premier League, Chelsea have beaten Arsenal 12 times, lost seven and drawn seven. The Blues have also scored 40 goals, with the Gunners managing 29.Chelsea v Arsenal is live on talkSPORT at 17:30 on Saturday 17 August 7 RANKED Ian Wright scored seven Premier League goals in 11 games for Arsenal against Chelsea giving him a ratio of 0.58 goals per game Thierry Henry scored eight goals in 12 Premier League games for Arsenal against Chelsea, giving him a ratio of 0.66 goals per game silverware England’s most successful clubs of the past decade, according to trophies won Football news possible standings Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade How the Premier League table could change after the Boxing Day fixtures Best clips, calls and talkSPORT moments of 2019, feat Hearn, McCoist and more smart causal 7 impact Chelsea v Arsenal is live on talkSPORT at 17:30 on Saturday 17 August here.The London rivals have met 52 times in the Premier League. In the first 26 meetings, Arsenal had a win rate of 54 per cent (W14 D9 L3), while Chelsea have won 54 per cent of the last 26 (W14 D7 L5).If Arsenal striker Pierre-Emerick Aubameyang scores in the game, which is live on talkSPORT, it will be his 150th in the big five European leagues.Here, though, talkSPORT.com is looking at the top scoring players – past and present – in the fixture in the Premier League. highlights Tottenham v Brighton LIVE: talkSPORT commentary and team news for Boxing Day opener ALTERED Robin van Persie scored five goals in 12 Premier League games for Arsenal against Chelsea giving him a ratio of 0.41 goals per game Dennis Bergkamp scored four goals in 17 Premier League games for Arsenal against Chelsea, giving him a ratio of 0.23 goals per game Top nine Premier League free transfers of the decade
“I cannot lie to my fans, I have to go back to Europe,” he has said.At the beginning of 2018 he will return to Inter, but it is expected the Brazil international will leave the San Siro to kick-start his career in Europe. LATEST He returned to his first club after struggling to make an impact at Inter following his 2016 transfer, with a loan spell at Benfica also going poorly.Since heading back to Santos Gabigol has rediscovered his best form, netting 16 league goals to top the Brasileirao scoring charts, and the Estadio Urbano Caldeira club want to try and sign the 22-year-old permanently.However, Gabigol himself has admitted he does not want to stay in his homeland, with a return to Europe preferred. The average first-team salaries at every Premier League club in 2019 revealed Every time Ally McCoist lost it on air in 2019, including funny XI reactions Liverpool news live: Klopp reveals when Minamino will play and issues injury update BEST OF Boxing Day fixtures: All nine Premier League games live on talkSPORT Most Read In Football Green reveals how he confronted Sarri after Chelsea’s 6-0 defeat at Man City Gabigol flopped in Italy on his first try in European football Gerrard launches furious touchline outburst as horror tackle on Barisic sparks chaos Sky Sports presenter apologises for remarks made during Neville’s racism discussion gameday cracker Top nine Premier League free transfers of the decade Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ tense How Everton could look in January under Ancelotti with new signings Gabigol has top scored in the Brazilian top flight since returning to Santos SORRY 2 scrap predicted latest RANKED West Ham have made an offer to sign Gabriel Barbosa, according to reports.Gabriel, known commonly as Gabigol, currently plays for Santos in his homeland on loan from Inter Milan. 2 Earlier this month talkSPORT told you that West Ham, Everton and Crystal Palace have all been keeping tabs on the forward, and now it is claimed that the Hammers have already made an offer for Gabigol.This is according to Sport Mediaset, which says Piero Ausilio, the Inter sporting director, will have to address Gabigol’s future when the transfer window reopens in under two months.