Masimba Holdings Limited (MSHL.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2018 interim results for the half year.For more information about Masimba Holdings Limited (MSHL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Masimba Holdings Limited (MSHL.zw) company page on AfricanFinancials.Document: Masimba Holdings Limited (MSHL.zw) 2018 interim results for the half year.Company ProfileMasimba Holdings Limited is a well-established company in Zimbabwe providing engineering and infrastructure solutions to the agricultural, commercial and corporate sector as well as housing, mining, public and water sectors. The company has three operation divisions; Masimba Construction Zimbabwe, Proplastics and Property Development. Masimba Construction is responsible for design, development, planning, engineering and construction of commercial buildings, private housing developments and earthwork projects in Zimbabwe, and the fabrication and erection of structural steel. The other subsidiaries offer turnkey engineering solutions to the construction industry, aswell as provide reinforcement steel, steel fixing, wire mesh and cutting and bending products. Masimba Holdings Limited is listed on the Zimbabwe Stock Exchange
Andy Ross owns no share mentioned. The Motley Fool UK owns shares of and has recommended Greencore. The Motley Fool UK has recommended Tesco. 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. 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. Enter Your Email Address 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. Over the last week, I’ve seen a few stories indicating that a new round of supermarket price wars may be looming. What does that mean for the share prices of the listed supermarkets?A price war spells trouble for share pricesThe major trade magazine for the sector, The Grocer, has said Tesco (LSE: TSCO) is gearing up to take on the discounters.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…It’s understandable why. According to the most recent data from analyst Kantar WorldPanel, since the start of 2018, the market share of Aldi has grown from 7% to 7.5%. Lidl has increased from 5% to 5.8%.Now with Tesco being more focused on the UK and Ireland after pulling out of many overseas markets (including most recently from Poland), there’s a need for it to maintain market share here.A combination of the threat from the discounters along with a struggling economy and consumer belt-tightening, means food and drink prices are likely to be under pressure.I’ve been positive about Tesco shares recently, but a price war is unlikely to create any winners in the short term. I think the shares are now riskier. Worst hit I think will be the suppliers though, some of which are listed. I think these are best avoided along with Tesco. The suppliers that could be hit hardGreencore is one of these suppliers. The FTSE 250 company is already under pressure. Covid-19 caused a sharp decline in its food-to-go categories and this has led to the group withdrawing guidance and suspending the dividend.Pricing pressure from its customers, at a time when revenues are still only at 60% or so of where the group would expect them to be, will be very unwelcome. The shares have been struggling for a long time. I see little reason now why they will recover. Even a P/E of only 8 wouldn’t tempt me into buying these shares. Another supplier to supermarkets is Bakkavor (LSE: BAKK) which says on its website that it’s “the leading provider of fresh prepared food (FPF) in the UK, with a growing international presence in the US and China.”Its shares are even cheaper on a P/E of six. Like Greencore though, I see little reason to pile into the shares. I think it’s telling that while most shares have recovered a lot of the ground since the stock market crash back in March, this share price has languished. Investors aren’t expecting the future to be bright.The group has had to take many of the same actions as Greencore. It has suspended guidance and the dividend, which both make the shares less investable. The group also saw significant sales declines in April and May during the lockdown. A supermarket price war won’t help its finances.I’d be tempted to avoid supermarkets and their suppliers right now. The former had a ‘good’ crisis but things may be about to get more tricky with events shaping up for a new supermarket price war. The high-calibre small-cap stock flying under the City’s radar If these share prices are all under pressure this small cap recommendation below from The Motley Fool team should perform far better. Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Could a supermarket price war mean trouble ahead for these share prices? 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Please enter your name here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 The Anatomy of Fear Share on Facebook Tweet on Twitter TAGSApopka Police DepartmentLeah BrownMissing Person Alertupdate Previous articleOrange Co. clerk’s office hosts free legal forum: Evictions process in a COVID-19 environmentNext article4 Things to Do Before Traveling Denise Connell RELATED ARTICLESMORE FROM AUTHOR From the Apopka Police DepartmentLast week on Wednesday, July 1, The Apopka Voice received an online plea for help posted in the comments section under the original alert article, that read in part: “Leah is still missing. Please don’t let her become one of the ones no one ever finds again. Not a whole lot is being done currently. Please I beg you to help us. There is a lot more to this situation than is being released and Leah is in danger. Please help us. Please.”On Monday, July 6, the Apopka Police Department confirmed that Leah Brown is currently still missing, stating, “We are following all leads provided.”If you or anyone you know has any information on Leah Brown or the situation that would be helpful, please contact the Apopka Police Department directly at 407-703-1757 or [email protected] alert below, with updates from May 26, 2020:Leah BrownLeah Brown (16 years old) returned home and was left in the care of her parents. A short time later, the Apopka Police Department was notified that Leah had run away again. She was wearing blue jeans, brown thrasher shirt, black jacket with black shoes and carrying a replica Louie Vuitton bag and camo back pack.The Apopka Police Department is asking anyone with information to contact the Apopka Police De-partment at 407-703-1757 or [email protected] with information can also call CRIME-LINE at 1-800-423-TIPS.May 20, 2020Leah Brown, 16 years old, was last seen on May 20, 2020 near the 1800 block of Lake Francis Drive, Apopka, Florida 32712.Missing teen, Leah BrownIt is unknown what Leah was wearing when she left the residence. She has a left nostril piercing and acne scaring on her cheeks. She is 5’02” and weighs 105 pounds with blonde hair and green eyes.The Apopka Police Department is asking anyone with information to contact the Apopka Police Department at 407-703-1757 or [email protected] Support conservation and fish with NEW Florida specialty license plate Please enter your comment! You have entered an incorrect email address! Please enter your email address here LEAVE A REPLY Cancel reply Save my name, email, and website in this browser for the next time I comment.
Aircrew strip for fundraising calendar AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Men and women of 23 Squadron, based at RAF Waddington, in Lincolnshire, have appeared in a nude calendar to raise funds for children’s charity Strut (Short Term Respite Unit Trust).RAF senior officers’ concerns were apparently removed when they saw that the calendar was “tasteful.” The aircrew appear at work in military situations dressed only in their flying boots. The calendar has sold 1,500 copies in two months, and the aircrew hope to sell 5,000 by Christmas, raising £17,000.The calendar is being sold for £7 including post and packing. It will also help the National Kidney Research Fund Lincoln Renal Unit. Advertisement 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. 51 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 28 August 2002 | News
Main image: Tesco by Gordon Joly on Flickr.com 179 total views, 1 views today Tagged with: corporate Funding plastic bag levy Recycling “Over the last year, the money raised from our customers buying single-use carrier bags has resulted in £24 million being awarded to over 2,400 local community projects – all chosen by our customers. I’ve seen first-hand the diversity of brilliant projects, ranging from outdoor classrooms, sports facilities, community gardens, play areas and everything in-between.“In order for even more local projects to benefit from this money, customers will now be invited to vote for their favourite community projects every time they shop with us.”GroundworkTesco is working with environmental improvement charity, Groundwork, to help deliver its Bags of Help scheme. Groundwork’s national Chief Executive, Graham Duxbury, said:“Now that the scheme will be permanently open for applications, we expect even more communities to benefit from fantastic projects that create or provide access to better, healthier and greener places.”Nominations from community groups and customers can be made via Tesco’s BagsofHelp site. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis42 More community groups to receive funding from Tesco’s £24m bag charge fund Supermarket Tesco is changing the way it distributes funding from its Bags of Help initiative. It will give many more charities and groups the chance to share in the £24 million it distributes from the income it receives from charging for plastic bags.From 1 December 2016 Tesco’s Bags of Help initiative will invite customers to vote for their favourite community projects every month. Until now the awards programme has been run every nine months.From 1 December Tesco customers will decide on a monthly basis which groups get grants of up to £5,000, £2,000 and £1,000 in regions across the UK. The money must still be used by groups seeking to use and develop outdoor spaces in ways that will benefit their local community.Voting for the first month’s groups will run in Tesco stores across the UK throughout December. Customers will be able to cast their vote using a token given to them at the check-out in store each time they shop. Each month 600 community groups will receive a grant, three in each of the 200 Tesco regions.7,000 more projectsA community gardening project funded by Tesco’s Bags of Help initiative.Tesco estimates that the monthly funding will mean more than 7,000 projects receive funding from the scheme every year.Matt Davies, UK CEO from Tesco said: Advertisement Howard Lake | 28 November 2016 | News 180 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis42 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.
News Help by sharing this information to go further February 1, 2021 Find out more Organisation EgyptMiddle East – North Africa Follow the news on Egypt Al Jazeera journalist Mahmoud Hussein back home after four years in prison EgyptMiddle East – North Africa News Receive email alerts Reporters Without Borders is stunned and appalled by today’s announcement by the Egyptian prosecutor’s office that 20 Al-Jazeera journalists are to be prosecuted on charges of “undermining national unity and social peace” and “broadcasting false information.”RWB condemns this decision, calls for the withdrawal of all these charges and demands the immediate and unconditional release of all the journalists currently detained.The harassment of the Qatar-based TV network and its journalists must stop. It is just deepening the divisions in Egypt’s increasingly polarized society and is bringing further discredit on the Egyptian authorities in the eyes of international public opinion.Sixteen of the 20 indicted Al-Jazeera journalists are Egyptians. The statement by the prosecutor’s office said they are accused of membership of a “terrorist organization” – an allusion to deposed President Mohammed Morsi’s Muslim Brotherhood party – and “undermining national unity and social peace.”The four foreigners – two Britons, an Australian and a Dutch citizen – are accused of “collaborating with (these) Egyptians by provide them with money, equipment and information (…) and broadcasting unreal scenes to give the impression to the outside world that there is a civil war.”Only eight of the 20 are currently detained. The authorities are looking for the others. The statement by the prosecutor’s office did not name the imprisoned journalists. They include reporter Peter Greste (who is Australian), Cairo bureau chief Mohamed Adel Fahmy (who has Canadian and Egyptian dual citizenship), Baher Mohamed (arrested in a Cairo hotel on 29 December), Abdallah Al-Shami (arrested on 14 August) and Mohamed Badr (arrested on 15 July). Persecution timeline Ever since President Morsi’s removal on 3 July 2013, the authorities have hounded news media and journalists suspected of direct or indirect links with Morsi’s Muslim Brotherhood, which was banned on 23 September and was declared a terrorist organization on 25 December.On 3 July, the authorities closed four local TV stations: Misr 25, which was operated by the Freedom and Justice Party (the Muslim Brotherhood), and Al-Hafiz, Al-Nas and Rahma, three stations that supported Morsi. In reaction to Misr 25’s closure, a new Egyptian station, Ahrar 25, was launched in mid-July.On 5 July, Nilesat, the Egyptian telecommunications satellite operator, blocked three pan-Arab TV stations: Al-Quds and Al-Aqsa (Palestinian stations affiliated to Hamas), and Al-Yarmouk, a Muslim Brotherhood station based in Jordan.In 20 August, police raided the Cairo bureau of the Ihlas News Agency (IHA), a privately-owned Turkish news agency, and arrested its bureau chief, Tahir Osman Hamde. He was held arbitrarily until 4 September. As relations between Turkey and Egypt declined, other Turkish media were also targeted by the Egyptian authorities.On 28 August, the ministry of investment, information and communications technology and media declared Al-Jazeera Mubasher Misr (a Cairo-based Al-Jazeera affiliate) to be illegal and forbidden to operate in Egypt. On 3 September, the administrative court of the State Council announced the closure of four TV stations (or their local bureaux) – Al-Jazeera Mubasher Misr, Ahrar 25, Al-Quds and Al-Yarmouk –for “threatening social peace,” “disseminating rumours and false, misleading reports” and inciting hatred and public disorder. This announcement confirmed measures already adopted arbitrarily.On 10 September, the police raided the Cairo offices of Turkey’s state-owned Turkish Radio and Television Corporation (TRT), seizing production equipment, computers and recordings. Under pressure from the authorities, TRT decided to temporarily suspend its operations in Egypt. Metin Turan, a TRT journalist arrested on 16 August, was released after 100 days in detention.On 12 November, the head of the reportedly pro-Muslim Brotherhood Rassd news network was arrested at his home. The reason for his arrest and his place of detention are still unknown.On 28 November, Hani Salah Eddine, the managing editor of the closed Misr 25 TV channel, was stopped at Cairo airport as he was about to board a flight to London. After responding to a summons to appear before the prosecutor-general, he was arrested on 1 December in an investigation into the “dissemination of mendacious information” and “inciting violence.” News Less press freedom than ever in Egypt, 10 years after revolution News Detained woman journalist pressured by interrogator, harassed by prison staff January 22, 2021 Find out more February 6, 2021 Find out more RSF_en January 29, 2014 – Updated on January 20, 2016 Egyptian authorities to put 20 Al-Jazeera journalists on trial
By admin – January 24, 2018 An 18-wheeler hauling frac sand heads east Friday morning toward Midland on 42nd Street. Local police and transportation officials say there has been a huge increase in sand trucks traveling from the Permian Basin sand mines through the city. The city is planning to enforce a truck routes ordinance banning them from taking high-traffic routes and wants to hire traffic officers to enforce commercial truck rules. Home Local News City seeks to curb truck traffic Smoked Bacon Wrapped French Vidalia OnionFruit Salad to Die ForUpside Down Blueberry Pie CheesecakePowered By 10 Sec Mama’s Deviled Eggs NextStay Pinterest WhatsApp Pinterest Previous articleUTPB student heading to string festivalNext articleFive things you need to know today, Jan. 24 admin RELATED ARTICLESMORE FROM AUTHOR OC employee of the year always learning 2021 SCHOOL HONORS: Permian High School Local News City seeks to curb truck traffic The City of Odessa is preparing to ramp up enforcement of a new truck routes ordinance aimed at curbing most semi-truck traffic within the city limits at a time when police and transportation officials report a surge in such traffic along 42nd Street.The ordinance, approved last summer, effectively eliminates local semi-truck routes in the city by restricting semis to Interstate 20 and Loop 338. Trucks with a delivery in the city limits are required to use the shortest route.And drivers who violate the ordinance could be cited and fined up to $2,000. On Tuesday, the Odessa City Council was expected to approve an agreement with the Texas Department of Transportation to install and maintain signs notifying drivers of the new rules.City officials, who say the through traffic is dangerous, noisy and hard on city roads, described the agreement with TxDOT as one of the final steps in establishing the truck routes, with a target completion date for the installations by March 1. The agreement calls for the city to pay $21,510 for the large truck route signs, which TxDOT would install and maintain.Meanwhile, police and transportation officials say the Permian Basin sand mining boom is bringing a surge of heavy truck traffic through 42nd Street as drivers traveling east on Highway 302 seek a shortcut or a break inside the city.“If there’s a reason for them not to come in here, then they won’t,” said District 4 Councilman Mike Gardner, who supports the greater restrictions and manages an oilfield trucking company. “That settles a lot of your problems.”Before the new ordinance, the city required trucks driving through the city to travel on West County Road, 42nd Street, Business 20, Grandview Avenue, parts of Andrews Highway and the portion of Kermit Highway between West County Road and the loop.Drivers hauling hazardous material were already restricted to the loop and the interstate.Gardner said he also wants the city to act on a proposal by Odessa Police Chief Mike Gerke to train a couple officers in enforcement of heavy truck laws such as weight requirements in an effort to reduce hazards to drivers and damage to city roadways.Gerke and Gardner have pointed to an uptick in sand truck traffic. In the past year, nearly two dozen sand mine projects were announced in West Texas by companies seeking to meet a surge in demand for cheaper frac sand. But only few had opened by the end of December, including Hi-Crush in Winkler County, with several more expected to begin shipping sand in the early months of 2018.“You can see them up and down 42nd Street,” said District 2 Councilman Dewey Bryant, whose bank office is on the thoroughfare. “And it’s going to get worse.” Facebook Twitter Twitter ECISD undergoing ‘equity audit’ WhatsApp Facebook
Top StoriesStates Can Consider Home Delivery Of Liquor/Indirect Sale To Facilitate Social Distancing: SC [Read Order] Sanya Talwar & Nilashish Chaudhary8 May 2020 12:50 AMShare This – x[Updated with Order]The Supreme Court on Friday bserved that the State can consider selling liquor via Home Delivery and/or inculcate indirect sales during the Coronavirus induced lockdown.A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul & BR Gavai made this remark while hearing a petition challenging the opening of liquor shops by various state government.The bench observed that…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?Login[Updated with Order]The Supreme Court on Friday bserved that the State can consider selling liquor via Home Delivery and/or inculcate indirect sales during the Coronavirus induced lockdown.A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul & BR Gavai made this remark while hearing a petition challenging the opening of liquor shops by various state government.The bench observed that passing orders on the plea under Article 32 was not feasible and added that States must effectuate social distancing while selling liquor by considering the other viable options.”We will not pass any order. States should consider indirect sale or Home Delivery of liquor to maintain social distancing”, observed the bench orally”We are not inclined to entertain this petition filed under Article 32 of the Constitution of India. The petition is dismissed.However, it shall be open for the concerned State Government to consider non-direct sale including on-line sale/home delivery of liquor to facilitate social distancing”, stated the order passed by the Court.Advocate Sai Deepak appeared for petitioner(s) in a plea filed by Advocate-on-Record Anindita Mitra and submitted that the opening of liquor shops must not meddle with life of “the common man”.”MHA must make clarifications in this regard, life of the common man must not get affected” , submitted Advocate Sai Deepak.The petitioner further pointed out that the issue was that there were “less shops of liquor than there were buyers which was creating a nuisance”SC is hearing a petition seeking issuance of directions to declare direct contact sales of alcoholic liquors for human consumption at liquor vends/shops during the lockdown period, as unconstitutional, null and void.#LiquorShopsOpen #liquor #Covid_19— Live Law (@LiveLawIndia) May 8, 2020The petition under Article 32 of the Constitution of India had been filed in “public interest”, seeking issuance of a writ, order or direction in order to declare the New Covid-19 Guidelines issued by Respondent Union of India, to the extent they permit the sale of alcoholic liquors for human consumption at liquor vends/shops through direct contact sales during the lockdown period, “as unconstitutional, null and void”.Additionally, the petitioner sought directions for prohibition of sale of alcoholic liquors for human consumption at liquor vends/shops through direct contact sales, during the lockdown period to prevent and control the spread of Covid-19 in India, until National Disaster Management Authority or Centre declares India to be Covid-19 free.Liquor shops shut down all over India after the nationwide lockdown was announced on March 24 and were reopened on May 4.The plea expressly cites chaos which led to ‘unmanageable situations’ around liquor stores in various parts of the country on May 4, as a result of the New lockdown guidelines issued by the MHA on May 1 permitting the opening of liquor vends, to urge the Court to pass such orders. Relying on multiple media reports from various states, the petitioner apprised the Court of the disorderly gatherings at such shops where social distancing norms were flouted and how, in certain places, the police had to resort to lathi charges due to the swell of crowds. The health and safety of all persons gathering at liquor stores, police officials manning the same as well as that of the public at large has been jeopardized as the risk of transmitting COVID-19 increases by reopening these stores, it is contended. “The health and safety of all persons who gather at and around the liquor vends/shops, the personnel of the liquor vends/shops, the police officials who have to be deployed and intervene, passers-by and the public at large is being endangered and jeopardised, increasing the scope for further transmission of Covid-19 amongst the population. The reopening of liquor vends/shops, which rely wholly on direct contact sales to the consuming public, is resulting and will result in unmanageable crowds, leading to the high risk of transmission and spread of Covid-19 due to difficulties in managing physical distancing during such sales, apart from serious issues of maintenance of law and order at such liquor vends/shops.” – Excerpt from the Petition enunciates.Alluding to the guidelines permitting liquor stores to reopen as counterproductive, the petition goes on to raise three pertinent concerns in this regard. First concern expressed is that of public health and hygiene, which would lead to the spread of COVID-19 due to “the impossibility of ensuring physical distancing guidelines at such shops”. Citing the difficulty in maintaining social distancing norms around these stores due to the uncertainty amongst people in terms of the continuance of the lockdown, the petitioner’s second concern is regarding the risk of breakdown of law and order. Lastly, flouting of physical distancing would risk the increase in spread of COVID-19, which in turn would further burden the healthcare system unnecessarily, argues the petitioner. Referring to publications by the Ministry of Health and Family Welfare (MOHFW) and World Health Organization (WHO), the petitioner also asserts that the myth that drinking alcohol prevents COVID-19 has been dispelled. It further adds that drinking alcohol, on the contrary, may be detrimental. “The re-opening of liquor vends, for direct contact sale of liquor for human consumptions at this juncture contradicts the advisories/documents of the Ministry of Health and Family Welfare, Government of India (“MOHFW”) as well as the World Health Organization (“WHO”)… The WHO’s factsheet further states that ‘Alcohol has a deleterious effect on your immune system and will not stimulate immunity and virus resistance” and goes on to state that “Heavy use of alcohol increases the risk of acute respiratory distress syndrome (ARDS), one of the most severe complications of COVID-19.’ – Petition in the Supreme CourtAdditionally, it is contended that alcohol consumption could increase the risk, frequency and severity of interpersonal violence being perpetrated, especially during a lockdown. Thus, it is urged that there’s no rational nexus between the permission to reopen liquor stores and the objectives behind the New Guidelines aimed at containing the prevalent health crisis. “At this juncture there is no rational nexus between the re-opening of liquor vends/shops for direct contact sales and the overarching objective in the New Guidelines of containing the present public health crisis.” Click Here To Download Order[Read Order]Next Story
Comments are closed. A dramatic rise in HR positions has pushed salaries to an all timehigh. The industry is also confident itwill weather any economic storm. Richard Staines reportsThe demand for senior HR professionals has never been higher than in thepast year as the salaries they can command rise and the number of jobs in thesector increase. Research by Salary Survey Publications shows that HR is a growing area witha third more jobs advertised in the sector over the last 12 months than in theprevious year. Figures reveal that since last year the number of HR director level jobsadvertised increased by 11.2 per cent from 456 in the year to March 2000 to 507in the year to March 2001. Average advertised salaries increased from £61,100 to £69,420, although HRdirectors are often paid much more than this because of their overall benefitspackage and can demand salaries far in excess of those advertised. At HR manager level, the number of jobs advertised increased even moredramatically from 2,801 in the year to March 2000 to 3,870 in the year to March2001 – a rise of 38.2 per cent. Their average advertised salaries jumped to £38,345, an increase of 5.6 percent. AmandaMolyneaux, HR systems and strategy adviser at Liverpool’s John MooresUniversity and the SSP report’s author, says the high numbers of jobs availablecan partly be attributed to top HR directors leaving the profession to retire, creatinga vacuum for younger people to fill. She commented, “I would expect it to level out eventually because thedays when most of the people in the top HR jobs were older are in the past. “The younger people could stay at the top for a long time, meaningthere could be fewer opportunities to move up.” Molyneaux believes this could account for the high staff turnover in theprofession but adds that an increase in the number of available jobs could be afactor. “The fact that there is growth could fuel turnover. There has alsobeen expansion in the recruitment industry, which is another sign ofgrowth.” Recruitment consultant Maureen Convery at HR Personnel Partnership thinksthe rise in HR jobs and pay shows that the HR profession is seen as playing anincreasingly important role. She added, “It is the flavour of the month and the industry has becomevery attractive to young people. They are prepared to accept lower wages atfirst and then work their way up – they are fast tracking through their careersand up the pay scales.” The SSP report’s findings are supported by a recent Development DimensionsInternational survey that indicates a 5 per cent rise in HR staff turnover overthe past year to 19 per cent. JonParsons, HR director at the direct marketing company Brann Worldwide toldPersonnel Today that experienced HR people use their contacts to find the bestjobs and are more likely to move on faster as a result. He said, “Myperception is that HR is splitting into two groups – there are a lot of placeswhere it is seen as fairly functional and is a relatively low level experiencefor people. “People in HR are looking for a good experience. As a whole, HR peopleare pretty well networked and have a good view of where the good employers –and where the not so good ones – are. “But when you are young and coming up through the profession you tendto take whatever opportunity you get.” The SSP report shows that the biggest players in the HR job market areelectronics/IT and finance. These sectors together with the communicationsindustry, also tend to pay above the average. Health service pay levels persist in falling below average for all types ofHR posts. By contrast, the biggest increases in average salary levels over thepast 12 months were in electronics and IT, district councils, communicationsand housing. Reductions in average HR salaries appear to be confined to the relativelysmall defence and security industries. Compensation and benefits managers enjoyed salary increases of 7.3 per cent,with average advertised salaries at £47,118. The number of these jobs increasedfrom 167 in the year to March 2000 to 259 in the year to March 2001 – a rise of55.1 per cent. Salaries for assistant HR managers and senior HR officers increased by only2.3 per cent and 2.7 per cent to £26,134 and £25,985 respectively. Molyneaux is cautious about the impact of the predicted economic downturn inthe UK on continued growth of the HR profession and admits that since the NewYear the HR jobs market has cooled slightly. She said, “Since Februarythere has been a decrease in the number of jobs advertised – whether this is ablip or the start of downturn remains to be seen. But nevertheless HR stilllooks healthy.” Jonathan Clark, client services director for consultancy Interim HumanResource Management says HR people will still be in demand even if the downturnhas a significant impact. “They will still be employable irrespective ofwhether there is a downturn because HR people will still be required to managecompanies as they downsize,” he said. Salary Survey Publications Report available on 01488 72705 Senior HR reaps benefits of boomOn 1 May 2001 in Personnel Today Related posts:No related photos. Previous Article Next Article