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first_img Sharing is caring! Share Share Share 9 Views   no discussionscenter_img Tweet LocalNews AID Bank reports decline in nonperforming assets by: – November 8, 2011 AID Bank in Goodwill. Image via: Investdominica.comThe Agricultural Industrial and Development Bank (AID Bank) has reporting a steady decline in the level of nonperforming assets at the financial institution.Chairman of the AID Bank Board of Directors Ambrose Sylvester says proactive measures by the bank’s officials have now resulted in a 13% decrease in nonperforming loans.He says the AID Bank is hoping to reduce it by a further 10 percent within the next year.“Over the last 3 or 4 years there has been a steady decline in the level of nonperforming assets which today is now in the region of 13.5%-13.9%, coming from three years ago almost 24%. We have set ourselves a target of 10% within the next year or two. We have made frequent contact with customers, following up with them,” he explained.He explained that a loan only becomes nonperforming with interest in arrears after three months. “So there is a red flag by the second month and you need to follow up with them. There are a number of chronic delinquent customers but those in the more recent times; we try our best to follow up with the clients to ensure that they remain true to their obligations,” he said.Meantime the AID Bank has introduced a new mortgage plan for single persons earning 2,500 dollars or less and couples earning 4 thousand dollars or less.A number of persons stand to benefit from that facility.Dominica Vibes Newslast_img read more

first_imgThe USC men’s volleyball team concludes its season on Friday, squaring off against crosstown rival UCLA ahead of the Mountain Pacific Sports Federation playoff tournament set to begin Saturday, April 20.Last chance · Junior Tanner Jansen (above) and the Trojans have the opportunity to hurt UCLA’s seeding in the MPSF playoffs. – Ralf Cheung | Daily TrojanThe 2013 campaign marks a drastic change of fortunes for the Trojans, who are on the outside of the playoff bubble after winning a berth in the NCAA championship game in 2012. The club has followed up last season’s 26-7 record with a disappointing 6-17 mark and is coming off a 3-1 loss to UC Santa Barbara on Wednesday (23-25, 19-25, 25-21, 17-25).The Trojans were once again led by sophomore outside hitter Cristian Rivera, who notched 19 kills. Redshirt freshman outside hitter Austin Rysyk also reached double figures with 11 kills, while graduating senior libero J.B. Green added 12 digs in his second consecutive start.However, USC was once again outdone in each of the major statistical categories, as the Gauchos registered significantly more blocks (16 to six) and digs (42 to 38) while hitting .259 to USC’s .135.The loss marked the fourth consecutive time the Trojans lost their immediate game following a win, as they failed to capitalize upon a resounding 3-0 sweep of Cal State Northridge Saturday on senior night. USC head coach Bill Ferguson heaped considerable praise upon Green and setter Chris Trefzger, the team’s two seniors, whose presence in the starting lineup invigorated a struggling Trojan squad.“Our team, player by player, has a ton of respect for them and rallied around them to play well,” Ferguson said. “It was the first time this season that all three pin attackers hit above .300. We had more service errors than I would have liked, but we generally served well and that allowed us to block and dig more.”Though the losses of Trefzger and Green won’t affect the team as drastically as last year’s departures of All-Americans Tony Ciarelli and Steven Shandrick, Ferguson made no attempt to downplay the significance of senior night for his two seniors and their impact on the team’s performance.“It’s always tough, especially with guys like J.B. and Chris, who do everything the right way and don’t get as many opportunities as the other guys,” Ferguson said. “Our team is better for having had those guys, and though they’re not on the floor as much, both I and the team have been better with those guys involved in our program.”With a playoff spot already clinched, UCLA will look to improve its seeding, while the Trojans are left to play the role of spoiler to disrupt the Bruins’ game plan in whatever manner possible.“We didn’t have great matchups against [UCSB and UCLA] the first time, and we were pretty beat up during that stretch,” Ferguson said. “We didn’t do well enough and as a group we can give them a better match.”Regardless of the positioning of the match, Ferguson promises to have his guys ready to face a hard-charging UCLA squad.“I always say that if you can’t get up for that match, you don’t have a pulse,” Ferguson said. “They’re fighting to be in the top half of the playoff bracket. We don’t have anything after that match, so it will keep us motivated and working hard so that we can continue the great rivalry.”last_img read more

first_imgBut even though teams understand what’s coming for them, the full arsenal is something to behold: Durant started rolling early, running into jumpers off screens, beating the defense in transition for dunks, twisting to his left for fallaway mid-range shots. He also was fouled, visiting the line for 15 total free throws (he hit 14).What made him even more lethal were the 3-pointers: Durant hit four of them in the first half, in a 12 for 17 start from the field overall for 38 points before intermission. It’s the second-most points anyone has ever scored in one half a playoff game – lending credence to Kerr’s lofty claim that Durant authored “one of the great performances I’ve ever seen in my life.”Durant was less definitive, saying he felt he could have made a few more shots.“I just keep on humming no matter what,” he said. “I just play my game through it all.”Related Articles There was no way to stop Durant on Friday night, as he cruised to 50 points in a series-clinching 129-110 victory – the kind of win most expected Golden State to have against the outgunned Clippers throughout the series.But on the heels of upstart victories in Game 2 and Game 5 in Oakland, the Warriors realized almost nothing would come easily in a surprisingly tough six-game series. Capping one of his best series for Golden State with a new career playoff high, Durant proved to be the trump card.Lou Williams ruminated: “We tried everything.” When Durant’s at his best, there is no answer.“He’s the ultimate weapon, because there’s no defense for Kevin,” Warriors coach Steve Kerr said. “No matter what anybody does, he can get a good shot. And he knew we needed him badly.”There are few secrets when it comes to Durant. There might not be a comparable player in NBA history with his 7-foot height, his 7-foot-5 wingspan, his guard-like handle and his feathery touch. As the Clippers attempted to counter his mobility with smaller defenders like Beverley, he simply found ways to shoot over the competition. What the Clippers are saying the day after Luka Doncic’s game-winner tied series, 2-2 Clippers hope they can play to their capabilities, quell Mavericks’ momentum For Lakers’ LeBron James, Jacob Blake’s shooting is bigger issue than a big Game 4 victory Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img LOS ANGELES — At a certain point, Patrick Beverley was out of answers.He turned the question around: How would you have tried to guard Kevin Durant better?“We didn’t say, ‘Man, c’mon, give us 50 tonight.’ Course not,” Beverley said. “He’s a hell of a player. The shots he took, he made some tough shots. If you were the coach what would you tell us to do?”The Clippers point guard let his question hang in the room, packed with more than five dozen media members. There was only silence. Kerr said the Clippers pushed the Warriors to play their best by the end of the series, and Durant was no exception. After a quiet Game 2 in a 31-point meltdown that allowed a Clippers comeback, Durant came out the next game and scored 38. For the last four games of the series, Durant averaged 41.5 points per game, taking more shots and carrying the load offensively for one of the most talented teams in NBA history.Once the series was over, several of the Clippers felt free to express their awe of Durant’s mastery on the offensive end – Lou Williams, himself a scoring wizard, said he was amazed by Durant’s Game 3 performance in the wake of withering criticism.“Even the game that he came out, and was like, ‘I’m Kevin Durant. Y’all know who I am,’ ” Williams said. “That’s a bold statement to make when you’re about to see some guys that’s extremely competitive. And he came out that game, and he said, ‘I can really shoot over these guys.’ And he did it. So it wasn’t lack of effort on our part. He’s an all-world professional, and he proved himself.”Next question. Clippers vs. Mavericks Game 5 playoff updates from NBA beat reporters Kristaps Porzingis ruled out as Clippers, Mavericks set for Game 5; Follow for game updates last_img read more

first_imgIn the dark days of early apartheid rule half a century ago, on 26 June 1955, over 3 000 representatives of resistance organisations made their way through police cordons to gather on a dusty square in Kliptown, then a freehold area 40km south of Johannesburg.Walter Sisulu Square in Kliptown, Soweto, commemorates the signing of the Freedom Charter in 1955. (Image: Gauteng Film Commission)This was the Congress of the People, who met to draw up the Freedom Charter, an alternative vision to the repressive policies of the apartheid state.At the time, Nelson Mandela had to stay concealed to avoid the police. On the second day, the authorities broke up the gathering, but not before the charter was adopted as a guiding document. It remains the cornerstone of African National Congress (ANC) policy to this day, and is seen by many as the foundation of South Africa’s 1996 Constitution.That dusty field has now been declared a national heritage site, and on 26 June 2005 President Thabo Mbeki lit a flame of freedom in Kliptown to mark the opening of the Walter Sisulu Square of Dedication – and 50 years of the Freedom Charter.R375m upgrade for KliptownConstruction of the Walter Sisulu Square began two years ago, spearheaded by development agency Blue IQ. The square will have a park, a marketplace with 700 stalls for traders, about 17 shops and offices, a multipurpose centre and a hotel.Unskilled labour has been used in the construction work, as have about 90 small, medium and micro enterprises, more than half of which were created to help the project.Kliptown, now part of Soweto, is a sprawling collection of settlements around 40km from the Johannesburg city centre, with a thriving informal business area where the people of Soweto do their shopping. Some 85% of the township consists of informal settlements.Established in 1903 and one of the oldest urban multiracial settlements in the Johannesburg area, Kliptown has long been neglected, and many of its old buildings are now dilapidated.With its history, it is hoped that Kliptown will become “a world-class tourist destination and heritage site offering local and international visitors a unique experience,” according to Blue IQ.The square and monument will form part of the Greater Kliptown Development Project, a massive effort to redevelop the area and make it more habitable and conducive to business.Some R375-million has been put aside for Kliptown’s revival, R293-million from Blue IQ and R30-million from the City of Johannesburg. Project areas include the upgrade of the Kliptown railway station, a market, the relocation of people in informal settlements, new houses, and a new 250-bay taxi rank, which is already complete.The Walter Sisulu SquareWalter Sisulu was a delegate at the 1955 Congress of the People, a major figure in the anti-apartheid struggle, deputy president of the ANC, underground activist and Rivonia treason trialist.Released from prison in 1989, he died in 2003, the year the R160-million Walter Sisulu Square of Dedication project was initiated. Its design was awarded to architects and urban designers StudioMAS.Today the construction of the north and south sides of two squares, one of which is the original square where people gathered to approve the charter, is at roof level.The complex consists of two long, narrow buildings encompassing the squares, with 10 columns on the eastern edge, representing the 10 clauses of the Freedom Charter.Not just a construction projectBut this is not just a construction project. Enormous effort has gone into relocating traders from Union Street, renovating their historic warehouses – in some cases they are more than 70 years old – and creating new functions for the buildings.Between the two squares, on the northern end, is a tall tower, the Freedom Charter Monument. Here a freedom flame was lit by Mbeki, providing a landmark beacon to surrounding suburbs.Opposite this tower, in the middle of the southern building, another tower is rising into the air. The base of this tower will contain a kwashisanyama, a place for preparing food.The north and south buildings will contain offices, banks, retail space, a tourism office, an art gallery and the community hall. The search is on to place a restaurant and boutique hotel in the buildings.Housing and wetlandsThe city and the province are committed to building 7 100 houses in the coming years – 5 700 RDP houses and 1 400 houses for rental. So far only four houses have been completed, and 1 195 stands have been given services, in preparation for building.Housing is a complex issue in Kliptown. The densely packed population of about 45 000 people needs to be systematically moved before houses can be built. In addition, electricity, water and sewage connections have to be installed.The nearby wetlands and parks have been cleared and cleaned, employing about 50 people, with a view to employing another 170 people.According to Blue IQ, the purpose of the Kliptown project is to redevelop this traditional apartheid-style buffer zone township between Johannesburg and Soweto into a desirable and prosperous residential and commercial locality.The aim is to use Kliptown’s rich history, as the meeting ground of the Congress of the People and the birthplace of the Freedom Charter, as a tool to boost tourism and transform the fortunes of the settlement.The Congress of the PeopleThe Congress of the People was a dramatic affair held over two days and attended by 3 000 delegates from all over the country, including 320 Indian, 230 coloured and 112 white South Africans.It came about through the efforts of the Congress Movement, which was made up of the ANC, the SA Indian Congress, the Coloured People’s Organisation (later the SA Coloured People’s Congress), and the Congress of Democrats – white South Africans who identified with the movement.“When the great day was upon us,” wrote one participant afterwards, “we set out on our journey to Kliptown, many of us travelling hundreds of miles, wondering what was going to happen. For it was not as if we had been allowed to campaign in peace. Every meeting was watched by the special branch, our organisers were hounded and arrested, documents seized in raids.“Cars and lorries were stopped, contingents held back on one or other pretext until it was too late to continue their journey. Yet in spite of all the harassment and interference, about 3 000 delegates pierced the police cordon and arrived at Kliptown, where a patch of open ground had been prepared to seat the huge throng.“Just imagine the problems of organisation – 3 000 delegates had to be fed and housed. But from every point of view the Congress was an outstanding success.”The various clauses of the charter were introduced, there was an opportunity for impromptu speeches from delegates present, and the clauses were then read out and acclaimed by a show of hands. The Isitwalandwe/Seaparankoe – the highest honour awarded by the ANC – was awarded to Chief Albert Luthuli, president of the ANC, Yusuf Dadoo and Father Trevor Huddleston.Only Father Huddleston was able to accept his award at the Congress of the People, as Luthuli and Dadoo were under banning orders and unable to attend.In the afternoon of the second day proceedings were brought to an sudden close by the arrival of a large detachment of police bearing sten guns.They took over the speakers’ platform, confiscated all the documents they could find, announced that they had reason to believe that treason was being plotted, and took the names and addresses of all delegates before sending them home.But the Freedom Charter was signed a year later by Luthuli, and has remained the central document in ANC policy ever since.Sources:City of JohannesburgSouth African History OnlineAfrican National CongressBlue IQWould you like to use this article in your publication or on your website? 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first_imgAdvice from Sibusiso Vilane, “You’ve got to dream and then set out to achieve your dreams.” (Image: Sibusiso Vilane)Sibusiso Vilane is the first African, and one of only a handful of people, to accomplish the Explorers Grand Slam – the Goliath Challenge. He is a walking, talking advertisement for perseverance and resilience, spreading the message that “we Africans can reach great heights” around the world.Vilane has endured glacial temperatures and violent snow storms to become one of fewer than 150 people to climb the highest peak on all the continents. Once he had completed the Seven Summits, Sir Ranulph Fiennes goaded him into taking on a real challenge – the Goliath Challenge. Goliath, or the Three Poles Challenge, recognises adventurers who have climbed Everest and have walked unaided to the North and South poles. “There will be challenges but it’s about just being persistent and not giving up,” has been Vilane’s advice to children that he gives motivational talks to. (Image: Sibusiso Vilane)last_img read more

first_imgA second successive honor for Ronaldo was expected after a season in which the Portuguese eclipsed his award counterparts in the trophy stakes.As well as Spanish league and Spanish Super Cup success, Ronaldo scored twice in the Champions League final against Juventus to win European soccer’s elite competition for the third time in four seasons.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutRonaldo’s coach at Madrid, Zinedine Zidane, was crowned coach of the year.FIFA has shifted its award ceremony from its usual January slot to October so players are judged across a season — based on the typical European schedule — rather than the calendar year. Don’t miss out on the latest news and information. Japan ex-PM Nakasone who boosted ties with US dies at 101 QC cops nab robbery gang leader, cohort Metta World Peace joins Lakers’ G League team as assistant coach Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games The women’s award honored the Netherlands’ success at the European Championship in August. Lieke Martens, who scored in the final win over Denmark, won the player’s award and Sarina Wiegman collected the coaching accolade.The Puskas Award for best goal went to Arsenal striker Olivier Giroud for a scorpion-style kick. The Puskas Award-winning goal from an overhead back-heeled strike came on New Year’s Day in Arsenal’s 2-0 victory over Crystal Palace in the English Premier League. MOST READ Stronger peso trims PH debt value to P7.9 trillion CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPAcenter_img View comments LATEST STORIES Read Next Kin of Misamis Oriental hero cop to get death benefits, award — PNP Portuguese soccer player Christiano Ronaldo, second from right, and son Cristiano Ronaldo Jr., right, sit beside Argentinian soccer player Lionel Messi, left, and wife Antonella during the The Best FIFA 2017 Awards at the Palladium Theatre in London, Monday, Oct. 23, 2017. (AP Photo/Alastair Grant)LONDON — Cristiano Ronaldo has caught up with Lionel Messi to become a five-time winner of FIFA’s best player award.The Real Madrid forward was crowned player of the year on Monday at the FIFA Best ceremony at the London Palladium theater attended by runner-up Messi and third-placed Neymar.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH Kammuri turning to super typhoon less likely but possible — Pagasa Brace for potentially devastating typhoon approaching PH – NDRRMClast_img read more

first_img​Arsenal boss Emery: Martinelli not a strikerby Paul Vegas21 days agoSend to a friendShare the loveArsenal boss Unai Emery does not see Gabriel Martinelli as a striker despite his two goal performance against Standard Liege on Thursday.Playing as the Gunners’ leading man, Martinelli took his season tally to four from two starts in the resounding 4-0 victory.But Emery does not think the Brazilian will continue to play as a number nine.He said: “He prefers to play as a left winger – he also played as a right winger. I am using him as a striker because he played in that position in Brazil.”Striker is not the best position for him. But the first thing in his mind is to help us.”Tonight his performance and his aptitude was amazing.” About the authorPaul VegasShare the loveHave your saylast_img read more

first_imgClemson's Deshaun Watson celebrates winning the national titleTAMPA, FL – JANUARY 09: Quarterback Deshaun Watson #4 of the Clemson Tigers celebrates with the College Football Playoff National Championship Trophy after defeating the Alabama Crimson Tide 35-31 to win the 2017 College Football Playoff National Championship Game at Raymond James Stadium on January 9, 2017 in Tampa, Florida. (Photo by Kevin C. Cox/Getty Images) CFB PlayoffTwitter/PlayoffThis Monday, the Alabama Crimson Tide and the Clemson Tigers will meet in the College Football Playoff title game – capping off what’s been an incredible 2015 season. But we’re already looking ahead to 2016. We have a feeling that fans of every other team in the nation are too.Last year, we put together a list of the 13 teams that could eventually prevail and win the national championship. Three of those teams – Clemson, Alabama and Michigan State – reached the College Football Playoff. Of course, two of them are in the title game.This year, we’ve gone ahead and done the same. Unfortunately, given the tier-system in college football regarding talent, the field is never wide open. Year over year, the same programs, more or less, are capable of putting together title contenders. In some sense, college football is more predictable than many of the other popular sports in our country.Which 13 teams actually have a chance to play for it all next year? Let’s find out:The Only 13 Teams That Can Win >>>Pages: Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14last_img read more

first_imgzoom Ireland’s maritime transportation group Irish Continental Group (ICG) has decided to dispose of Jonathan Swift, a high speed craft. ICG said it has entered into a memorandum of agreement (MOA) to sell the vessel to Spanish shipping company Balearia Eurolineas Maritimas for EUR 15.5 million (USD 19.14 million).As explained, the disposal will generate a book profit for ICG of approximately EUR 14 million. The proceeds will be used for general corporate purposes.The 6,000 gross ton vessel is to be delivered by the end of April 2018, according to the group.Jonathan Swift was commissioned by and delivered to ICG in 1999 at a cost of EUR 38.8 million. It has since operated on the company’s Dublin – Holyhead route.The vessel will be replaced in ICG’s fleet by the 2001-built high speed craft Westpac Expres which was recently redelivered following a period of twenty months on external charter. It is currently undergoing a refurbishment program.A month ago, ICG placed an order with German shipbuilder Flensburger Schiffbau-Gesselschaft & Co.KG (FSG) for the construction of a cruise ferry worth EUR 165.2 million. Upon completion, it will be the largest cruise ferry in the world in terms of vehicle capacity, the company claims.last_img read more