Lux Island Resorts Limited (NRL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2015 presentation For more information about Lux Island Resorts Limited (NRL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lux Island Resorts Limited (NRL.mu) company page on AfricanFinancials.Document: Lux Island Resorts Limited (NRL.mu) 2015 presentation Company ProfileLux Island Resorts Limited, formerly known as Naïade Resorts Limited, is a collection of premium hotels in the Indian Ocean with running operations in Mauritius, the Réunion Island, the Maldives, China, Vietnam, Turkey, and the United Arab Emirates. The company however, operates as a subsidiary of IBL Ltd as of May 18, 2018. Lux Island Resorts Limited is listed on the Stock Exchange of Mauritius.
Centum Investment Limited (CTUM.ke) listed on the Nairobi Securities Exchange under the Investment sector has released it’s 2020 interim results for the half year.For more information about Centum Investment Limited (CTUM.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Centum Investment Limited (CTUM.ke) company page on AfricanFinancials.Document: Centum Investment Limited (CTUM.ke) 2020 interim results for the half year.Company ProfileCentum Investment Limited is an equity firm specialising in investing in areas of growth, developmental capital and buyouts and seek to make equity investments between US$2 and US$20 million. The company invests in enterprises in the agricultural, education, healthcare, energy, financial services, insurance, information and communication technology, food and beverages, catering, automotive, publishing, real estate, power and FMCG sectors. In the beverage sector, it invests in businesses manufacturing alcoholic and non-alcoholic beverages and carbonated soft drinks. These companies operate in and serve the needs of domestic markets in Africa sub-regions. In most private equity investments, it prefers to acquire a controlling and significant minor stake in the company. The head office of Centum Investment Company is in Nairobi, Kenya. Centum Investment Limited is listed on the Nairobi Securities Exchange
Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Journal, Market Studies, News Sign up for DS News Daily Affordability Home Prices Housing Inventory inventory shortages Zillow 2018-05-01 Krista Franks Brock Housing Inventory Shortages Hitting This Sector Hard May 1, 2018 2,192 Views Related Articles The Best Markets For Residential Property Investors 2 days ago Previous: Are Rising Home Prices Unsustainable? Next: The Industry Pulse: Updates on FDIC, Altisource, and More The Best Markets For Residential Property Investors 2 days ago About Author: Krista Franks Brock Home / Daily Dose / Housing Inventory Shortages Hitting This Sector Hard Data Provider Black Knight to Acquire Top of Mind 2 days ago If the market feels a little competitive this spring, it’s not just your imagination. Home values are rising, inventory is continuing on a downward spiral, and, according to Zillow, “This year’s home-shopping season will be one of the most competitive ever recorded.” Home values ascended 8 percent year-over-year in March, while the number of homes for sale dropped by nearly 9 percent, according to data released by Zillow. The sparse inventory that is available is concentrated at the high end, pricing out many first-time buyers. Alongside these prohibitive market metrics, rental rates across the nation are also on the rise, climbing 2.7 percent year-over-year in March, according to Zillow. “This year’s home-shopping season is shaping up to be even crazier than last, and sadly, the group that will have the hardest time is first-time and lower-income homebuyers,” said Zillow Chief Economist Svenja Gudell.The markets that experienced the greatest increases in home values year-over-year in March were San Jose, where home values jumped 25 percent to a median home value of more than $1.25 million; Las Vegas, where values climbed 17 percent to $260,161; and Seattle, where values are up 15 percent to a median $492,227. These values compare to a national median home value of $213,146. Nine of the 35 largest metros in the United States experienced double-digit home value growth over the past year, according to Zillow’s Home Value Index. Helping drive this ascension in home values, of course, is declining inventory, which has been ongoing since early 2015, according to Zillow. Not surprisingly, the greatest home value increases took place in the same markets where inventories experienced their steepest declines. San Jose posted a 26 percent drop in inventory over the year, followed closely by Las Vegas with a 23.5 percent descent in housing inventory. These declines were outpaced only by Washington D.C., which led the nation with a 27.3 percent descent. In all, inventory deteriorated more than 20 percent in six of the 35 largest metros. After Washington, D.C., San Jose, and Las Vegas were Indianapolis; Columbus, Ohio; and Dallas. More than half—about 51 percent—of homes available for sale are what Zillow considers “high-end,” and only 22 percent are what Zillow considers “entry-level.”In 13 of the 35 largest metros in the United States, at least 50 percent of housing inventory is considered “high-end.”Buyers at the low end of the market “will be competing for the few entry-level homes on the market, which are also the ones appreciating the fastest because of extremely high demand,” Gudell said. She sees signs of relief down the road, saying, “There are some signals a shift may be coming—construction activity is at its highest point in a decade—but buyers shouldn’t hold their breath.” Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Affordability Home Prices Housing Inventory inventory shortages Zillow
The land surrounding an old Chevrolet car dealership building is being eyed by the city. By Donald WittkowskiIt’s not the blockbuster $9 million deal that Ocean City has been hoping to make for a major piece of property owned by local businessmen and brothers Harry and Jerry Klause.Instead, City Council approved a $9,000 agreement Thursday night with Klause Enterprises to lease the land, once the site of a now-closed car dealership, for public parking over the summer.Encompassing nearly an entire block, the property on Simpson and Haven avenues, between 16th and 17th streets, will be used by the city through Sept. 9 for free public parking.City Solicitor Dorothy McCrosson said the site will help provide parking for the adjacent Ocean City Community Center, which houses the library and the aquatic and fitness center, and the Palmer Field recreation complex.“We need parking for all kinds of things,” McCrosson explained of the heavy demand for parking during the busy summer tourism season.Visitors at the Ocean City Community Center, seen in the background to the right, will be able to use the adjacent Klause Enterprises property for parking.McCrosson said the Klause brothers have been “very generous” in allowing the city to use their property for public parking.“It’s a pretty reasonable rental,” she said of the $9,000 lease.The city attempted to buy the same property last year from Klause Enterprises for $9 million, but the deal fell through when the community group Fairness In Taxes circulated a petition drive for a voter referendum to block the purchase.Mayor Jay Gillian recently announced his intention to try to buy the property again. He has ordered a new set of property appraisals as the first step in possible negotiations with the Klause brothers.“We would hope to negotiate the purchase,” McCrosson said.City Council approves a $9,000 parking lease with Klause Enterprises at the same time the city is hoping to negotiate a deal to buy the land.In the meantime, Klause Enterprises has secured preliminary approval from the Ocean City Planning Board to develop the property for 21 single-family homes.The site was formerly occupied by a now-closed Chevrolet dealership. The old building that once served as the dealership’s showroom has a sign in the front window that says the housing project is “coming soon.”The planning board’s preliminary approval is the first step in redeveloping the site. Klause Enterprises would have to secure the board’s final approval before construction could begin on the project.City officials, in their attempts to buy the property, want to preserve the land as public space to protect it from densely packed housing construction that would add to the town’s overdevelopment.“The city’s position is pretty simple: The mayor and Council don’t want to see the property developed with more housing,” city spokesman Doug Bergen said in earlier comments.But for the summer, at least, the property will serve as a public parking lot.An architectural rendering depicts the housing project that Klause Enterprises has proposed on the property.
Thousands of small and medium-sized enterprises (SMEs) are now signed up to provide their digital, data and technology services to government, and public bodies are utilising their expertise to drive the UK’s digital transformation.And this quarter’s newly published sales data shows that we’re having an impact, with sales reaching £3.2 billion, with 48% of this being spent on SMEs. This means that £1.43 out of every £3 is going to SMEs.The latest figures arrive not long after the 3rd birthday of the Digital Marketplace – created in 2014 by Crown Commercial Service (CCS) and Government Digital Service (GDS) to make government procurement easier and more transparent.The platform hosts CCS frameworks including G-Cloud, Digital Outcomes and Specialists and Crown Hosting Data Centres.Niall Quinn, Director, Technology Strategic Category for CCS says: In 2016/17 frameworks available through the Digital Marketplace contributed towards CCS delivering £725 million in savings including commercial benefits for taxpayers.The Digital Marketplace website recorded over 1 million visits in 2017, compared to the same number in the whole of the preceding two years. We’ve started to bring the tools, techniques, technologies and culture of the internet to public procurement and contracting. What we’ve achieved so far is testament to an amazing team and the importance of user-centred, design-led, data-driven and open approaches, but we’ve only scratched the surface. The next 3 years, to 2020, will see a step-change where these approaches are mainstreamed across government. Warren Smith, Director, Digital Marketplace says: In the three years since Digital Marketplace was launched, we have overhauled the public sector procurement landscape, harnessing the expertise of innovative companies and giving thousands of SMEs the opportunity to supply to government for the first time. We’re now planning the next steps of our journey, making the platform and processes more commercial, more flexible and better tailored to the needs of users – both buyers and suppliers.
Locked in Crimson head coach Tommy Amaker intently follows his team. Harvard Men’s Basketball vs. Dartmouth No-look pass Christian Webster ’13 gets off a pass by the seat of his pants. His defender didn’t get the memo. Kicking off Ivy League conference play, better known as the 14-game tournament, the Harvard Crimson men’s basketball team put together an emphatic 76-47 win over the Dartmouth Big Green on Saturday (Jan. 9).The Big Green, who saw head coach Jerry Dunn tender his resignation the day before in a rare midseason departure, fought with the Crimson early on, and actually held a 12-11 lead through the first seven minutes.But after Harvard head coach Tommy Amaker called a 30-second timeout to settle his team down, the Crimson put together a 13-3 run in a five-and-a-half-minute span to go up by nine points. The Big Green never challenged again.“We came out with good pressure defensively from the beginning. We just turned the ball over and went for steals and didn’t get them,” said sophomore guard Oliver McNally, who had four assists and a steal in 15 minutes of play. “Once we took [a few] stupid mistakes out, we started to settle down and build our lead.”Sophomore forward Keith Wright, who led all scorers with a career-high 22 points, went 11 for 16 from the floor. He also pulled down six rebounds and blocked three shots.“The coaches really allow me to feel comfortable,” said Wright. “I worked a lot on my mid-range jumper this summer, and it’s all paying off.”Harvard co-captain Jeremy Lin ’10, the Crimson’s leading scorer, was held to just 11 points on the day, but he made up for his low scoring output by dishing out five assists and recording six steals. At one point in the second half, Lin had four steals in a minute and a half, one of them capped by a thunderous dunk that brought the 1,500 fans at Lavietes Pavilion to their feet.“It’s a nice opportunity to win a conference game when our best player [Lin] doesn’t have an absolutely tremendous offensive day,” said Amaker. “I think that says a lot for our bench and our balance.”Freshman guard Christian Webster, who shot five for six from the field, added 12 points for the Crimson. As a team, Harvard shot a healthy 55 percent.“We have a lot of weapons that offensively allow us to be a dangerous team,” said Amaker.Providing a defensive spark off the bench was freshman forward Kyle Casey, who, after coming off career highs in scoring and rebounding with 27 and eight against Santa Clara, had an outstanding defensive effort, with four blocks.“You can’t key in on one person with our team,” said Amaker. “It’s a nice feeling for us to have — that we have other options that can pick up the slack.”The win was Harvard’s fifth in a row and gave the Crimson a record of 12-3 (1-0 Ivy League), as the team continues the best start in its 99-year history.“A lot of us are really banged up, but we have that motivation, that drive to get a banner up,” said Wright. “We’re working really hard.”The Crimson now take a two-week break before embarking on a three-game road trip against Dartmouth (Jan. 23), Columbia (Jan. 29), and Cornell (Jan. 30). Not enough Dee-fence Crimson guard Dee Giger ’13 drives past a Dartmouth defender. Giger tallied eight points off the bench in 19 minutes for Harvard. Photos by Jon Chase/Harvard Staff Photographer Holding on tight Freshman forward Kyle Casey ’13 protects the ball from a Dartmouth defender. Jeremy Lin … for the win! Karen Lin of Boston (no relation to Jeremy) jokes with Crimson guard Jeremy Lin ’10 during a postgame autograph session. Karen holds a sign with the point guard’s number (4), combined with the letters FTW, signifying both “for the win” and “for Taiwan,” the home of Jeremy’s parents.
The Office of Information Technologies (OIT) worked to stop the spread of spam messages from Notre Dame accounts disguised as invitations to share Google Docs on Wednesday, according to an email sent to the Notre Dame community.According to the email, the spread of these spam messages is a worldwide problem that Google is working to resolve. OIT advised members of the community to be aware that they may receive these messages from people without a Notre Dame email address and is waiting to hear from Google how those who may have accessed the spam message can resolve any problems caused by the email.Tags: Office of Information Technologies, OIT, spam
After 37 summers, the Vermont Mozart Festival will be closing its doors on or before January 15th. Since 1974, the Festival featured world-class performances in beautiful and historic locations around the state. Countless generations of family and friends came together for three weeks each summer to enjoy enchanting classical music under the stars. In recent years, though, the organization began to incur debt from which it simply could not recover.‘In spite of the fact that public support has increased dramatically over the past six years, we have not seen a continuing interest in programming,’ said Executive Director Timothy R. Riddle. ‘The audience has been steadily decreasing. We engaged a wonderful new artistic director to revamp programming, in the hopes of increasing ticket sales. Unfortunately, due to lack of financing, the Festival was unable to continue to move forward with these plans long enough to allow these changes to have an impact.’Riddle was hired on as Development Director in 2005 and promoted to Executive Director in 2007, leading efforts to increase individual and corporate donations and put the organization back into the black.But as fundraising improved, ticket sales dropped. After two years of heavy rain and economic recession, the Festival’s ticket sales had sunk well below expected revenues. Riddle and Board President Richard Parlato announced during August 2009’s Grand Finale concert that the Festival was running a deficit of greater than $400,000.The announcement prompted a swift response from Festival supporters, which helped reduce the deficit by half. The Festival aimed to further reduce debt in 2010 through increased publicity and accompanying ticket sales, by ramping up media coverage and announcing a talented new artistic director, Israeli pianist and composer Gil Shohat. Even the notoriously unpredictable Vermont weather cooperated, with Festival patrons enjoying some of the nicest midsummer evenings in recent memory.However, 2010 ticket sales still remained lower than expected. The Festival was left with a deficit that had crept back up to more than $325,000. Several months were spent pursuing financing with longtime presenting sponsor, People’s United Bank. Vendors patiently waited for payment, but when it became evident that the bank loan request was declined, the organization had no choice but to cease operations.‘I want to thank all our friends and partners for their years of support. The music played a major role in my life and I know in yours. I can assure you this has been neither a simple nor easy decision for the Vermont Mozart Festival board. I will miss all the wonderful summer nights and the magic of the music in our beautiful state,’ said Parlato.The Festival consistently had been named by the Vermont Chamber of Commerce as one of Vermont’s Top Ten Summer Events, and was regarded by its attendees as one of their favorite summer rituals. The Festival was also voted 2010 Best Outdoor Concert Series by Seven Days Magazine and was listed as a Top-Rated Arts Nonprofit by GreatNonprofits.org earlier this year.
A glimpse at what a federal data breach bill should look like will be discussed in the U.S. Senate at a hearing scheduled for Thursday.The Senate subcommittee of consumer protection, product safety, insurance and data security will conduct the hearing, titled “Getting it Right on Data Breach and Notification Legislation in the 114th Congress.”“This hearing will help the committee gain a better understanding of how to develop a clear and consistent national data breach notification standard that will help both companies and consumers when they face data security challenges,” said Sen. Jerry Moran (R-Kan.) in a statement.The hearing will feature testimony from experts to inform efforts in crafting a federal data breach bill, and will focus on issues including the consumer benefits of a uniform federal law in place of disparate state laws, the timeliness of notification to consumers and the definition of sensitive personally identifiable information.The House subcommittee on commerce, manufacturing and trade held a similar hearing last week. The Credit Union National Association signed a letter with several other trade organizations that was submitted into the record for that hearing. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr