Minister Lekstrom says investor confidence is up

first_imgMeanwhile, he says he wants to remain positive about the fate of oil and gas prices. [asset|aid=1541|format=mp3player|formatter=asset_bonus|title=d58d2428269eb7414a4643c39f664de2-Lekstrom 2_1_Pub.mp3] The next sale is scheduled for July 15th. Lekstrom says he cannot speculate on if there will be another dramatic increase in sales again.For more information on the results of Wednesday’s Oil and Gas Land Rights Sales, Click HereAdvertisement The Minister of Energy, Mines and Petroleum says strong oil and gas land rights sales are proving investor confidence. More than 178 million dollars in bonus bids were made on Wednesday. That is more than two and a half times the 68 million dollar total for the five previous months. Lekstrom says it revolves around how much capital industry has freed up at any given time. – Advertisement -[asset|aid=1540|format=mp3player|formatter=asset_bonus|title=d58d2428269eb7414a4643c39f664de2-Lekstrom 1_2_Pub.mp3] He says British Columbia is the one of the most competitive jurisdictions in North America in which to do business. Lekstrom says when he sees these kinds of numbers, he knows that BC can continue investing in health care and education. Advertisementlast_img read more

Payroll flap shows bigger is not better

first_imgThe truth of this argument is borne out by the LAUSD’s ongoing payroll debacle. It seems that the unwieldy size of the district has had a debilitating effect, producing what can only be called an “economy of waste.” The school district’s new payroll system, which is part of a $95 million accounting package, is full of glitches. Teachers haven’t been properly paid for months and are justifiably fed up. These are not the six-figure salaried executives who can absorb a skipped paycheck or two. Some have lost good credit scores, cars and even homes, according to union representatives. Now the district is preparing to spend another $10 million to hire a consulting firm to fix the mess that the first contractor made. This is savings? This is efficiency? Not even close. This payroll fiasco is sure to become one of the LAUSD’s most expensive bungles, right up there with the Belmont Learning Center, the nation’s most expensive school. And the public will surely pick up the bill. Clearly, as in the LAUSD case, when organizations get too big, they start to become grossly inefficient. The primary goal changes from doing the function it was created to do to simply maintaining the bureaucracy. For the sake of the teachers, the LAUSD must solve the payroll problem, even it it takes another $10 million to hire the nation’s experts on the system. But never again should the LAUSD boosters use the economies-of-scale argument to fight back legitimate debate about breaking up the district. It just doesn’t fly.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Every time the issue of breakup arises in regard to the massive Los Angeles Unified School District, the same arguments about economies of scale surface. As the reasoning goes, a centralized bureaucracy such as the LAUSD’s can save money on standardized functions such as buying supplies, repairs and maintenance and processing payroll. But if the LAUSD were split into several smaller districts, the bigger-is-better crowd argues, there would be waste and redundancy. But such a blanket bigger-is-better pronouncement is really too broad to reflect how things work in the real world. According to studies of the public sector we’ve seen, cost-effectiveness in service delivery reaches optimum levels in service areas of 100,000 to 200,000. Beyond that, citizens often lose touch with the public agency, which is then free to add layers of bureaucracy and is often unwilling to jettison antiquated work rules. And huge bureaucracies often lack businesslike value systems that give us the most bang for the buck. last_img read more

TRANSFER FIGHT! Man United and Liverpool both plotting moves for PSV star

first_img1 Jetro Willems Manchester United and Liverpool are keeping track of PSV Eindhoven defender Jetro Willems, according to reports in Holland.Willems, who is currently sidelined with a knee injury, has stalled on signing a new contract with the Dutch side and could leave in a cut-price deal next summer.According to Dutch outlet Eindhovens Dagblad, the 21-year-old will only consider penning a new deal when he returns to action, but may take the opportunity to jump ship to the Premier League.United could even make a swoop for Willems in January after losing Luke Shaw to a broken leg earlier this week.Willems joined PSV in 2011 and became the youngest-ever international player to play at a European Championship in 2012.last_img read more

LETTERKENNY TO LAUNCH SCHEME TO FILL VACANT BUSINESS PROPERTIES

first_imgLetterkenny is to examine new ways of attracting businesses to the town in a bid to create jobs and develop a number of long-term vacant properties.The issue was raised at last night’s meeting of the Town Council during which a call was made to incentivise new start-up businesses.Cllr Dessie Lakrin said a number of initiatives could be considered including the reduction of rates for new companies. “I’m not talking about sandwich bars or that as much as they are creating their own employment.“I am talking about emerging businesses who need to be developed as they try to get off the ground.“They should not be in a position where they have to pay €10,000 or whatever in rates straight off. We should introduce a sliding fee for them,” he said.Ends LETTERKENNY TO LAUNCH SCHEME TO FILL VACANT BUSINESS PROPERTIES was last modified: April 12th, 2011 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)last_img read more

JUDGE TELLS DEFENDANT – “YOU’RE A NUISANCE TO SOCIETY, YOU DESERVE TO BE PUT AWAY”

first_imgTerence McDonagh.Johnny McDonagh.COURTS: A judge has slammed the behaviour of a man who has consistently re-offended and told him he was a complete menace to society. Judge John O’Hagan told the Johnny McDonagh that he deserved to put away as he was a ‘public nuisance’ at a hearing at Letterkenny Circuit Court last week. Johnny McDonagh and his brother Terence McDonagh appeared in court in relation to an incident in which they threatened to damage the property of a man whose son owed them money.Terence McDonagh of the Big Isle, Letterkenny, was charged with threatening to damage the property of Martin Gildea at Correnagh, Letterkenny, on dates on December 11th and December 18th, 2013.Johnny McDonagh of 12 Glendale Manor, Letterkenny, was charged in relation to the offence on December 18th.The court was told how Mr Gildea now lived in constant fear, and had sleepless nights since the two incidents in 2013.The court dispute was over a sum of money Terence McDonagh said that Mr Gildea’s son owed him.On December 11th, 2013, Mr Gildea saw a vehicle approach his home, he was able to identify the driver to be Terence McDonagh.Mr McDonagh asked Mr Gildea was his son Joey in? Mr Gildea responded that he wasn’t.The defendant then said, ‘Well tell ‘J’ I’m looking for him’ before he jumped back in the car which sped off down the lane and out of sight.On December 18th, Terence McDonagh returned but this time had his brother Johnny McDonagh was with him.The pair of them went around to the back of the house and as they walked around the front an irate Johnny McDonagh met Mr Gildea and said, “Where is Terence’s money, if he doesn’t get it, I’ll burn this house down and I’ll do damage to you.”The pair jumped in their vehicle and again sped off, Mr Gildea was left shaken following the exchange and immediately contacted Gardaí.In his evidence Mr Gildea told the court that his life had been severely altered since that incident, and he now lived in fear.Mr Gildea told the court, “I’m afraid that somebody is going to interfere with my family and hurt them, I live in constant fear, and every time I hear a car and get nervous.“It has affected my wife too, and it’s just a horrible feeling to have all the time, to think that someone is out there that wants to hurt your family.”Both Terence and Johnny McDonagh were arrested on December 20th, 2013, but neither of the defendants made any admissions to the charge.The court was told that Terence McDonagh had nine previous convictions including charges relating to road traffic offences, criminal damage, stolen property, and threatening and abusive behaviour.However, in recent years he had not come to the adverse attention of Gardaí, and the court heard he had suffered serious spinal injuries in a car accident.On the other hand Johnny McDonagh had a vast amount of serious previous convictions ranging from charges relating to burglary, possession of an offensive weapon, public order offences and assault.Defence counsel for Johnny McDonagh, Charlotte Simpson, said that her client had serious issues with alcohol and substance abuse, and since he took efforts to address those problems had not committed any offences in the last ten months.The court then heard how Johnny McDonagh was a 24 year-old father of two, who was expecting a third child in June.In relation to the charges against Terence McDonagh, Judge O’Hagan said he had not been in trouble since and clearly had made an effort to stay out of trouble.He adjourned the case against Terence McDonagh for one year on condition that he engage on a one on one basis with the Probation services and undertake regular appointments.However, Judge O’Hagan said that Johnny McDonagh was a public nuisance, a menace to society and ought to be put away.Judge O’Hagan said, “Johnny McDonagh is a public nuisance, you’re a menace to society and you deserved to be put away.“You’ve a string of serious offences, and have consistently re-offended over the years, you don’t seem to have learned from your mistakes.“The probation report submitted on you, indicates that you have a low I.Q. and have addiction issues and a poor work ethic, you don’t seem to want to conform and become part of society.“However, I’m willingly to undertake a ‘leap of faith’ and I’ll adjourn the case for a year on the condition that he, too, engage on a one-to-one programme with probation authorities.”The court services were given liberty to re-enter the cases within the year if necessary.JUDGE TELLS DEFENDANT – “YOU’RE A NUISANCE TO SOCIETY, YOU DESERVE TO BE PUT AWAY” was last modified: May 4th, 2016 by Mark ForkerShare 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:courtsJohnny McDonaghMenancenewsNuisancepropertyTerence McDonaghthreatlast_img read more

DONEGAL-BORN RUGBY STAR’S JERSEY SELLS FOR INCREDIBLE €243,000

first_imgA rugby jersey worn by a Donegal-born rugby star has fetched an astonishing £180,000 (€243,000) at auction.The man himself Dave GallaherThe All Blacks rugby jersey, dating back 110 years, belonged to Dave Gallaher.Gallagher, born in Ramelton, wore the shirt during the 1905 tour of the British Isles and swapped it with Wales captain Gwyn Nicholls after a match. It went under the hammer at Rogers Jones & Co in Cardiff where it had been expected to sell for £20,000 – £40,000.The buyer was based in the UK and bid over the phone.After getting the shirt, Nicholls subsequently gave it to a van boy at his laundry business, Thomas Mahoney, whose family have kept it ever since.David Rogers Jones, of Rogers Jones & Co, said: “We’re totally astonished. The bidding started off at about £35,000 and lasted for about 10 minutes, going up and up and up.“We were hoping to break the previous world record for a rugby shirt of £22,000 and have certainly done that.” A bronze statue of Gallaher, who died in 1917 in Belgium while serving in World War One, was unveiled outside the home of New Zealand rugby, Eden Park, in 2011.Donegal is very proud of its connections with Gallaher and Letterkenny Rugby Club have even named their ground after the star.His grand niece visited the club on the shores of Lough Swilly only last week while visiting Ireland.Rob Love, who was instrumental in bringing some of the All Black stars to Letterkenny to help open their park, said “Donegal is very proud of its connections with Dave Gallaher and the fact that h was born here.“It’s a pity we don’t have a couple of those jerseys sitting about but we’re still very proud to be associated with all that Dave Gallaher achieved.” DONEGAL-BORN RUGBY STAR’S JERSEY SELLS FOR INCREDIBLE €243,000 was last modified: October 9th, 2015 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:All BlacksDAVE GALLAHERRameltonRUGBYlast_img read more

MAN RUSHED TO HOSPITAL AFTER FALL FROM CLIFFS

first_imgBREAKING NEWS: A man has been rushed to hospital by helicopter after a serious fall from cliffs at Cruit Island.The man has suffered a number of injuries and was rushed to Letterkenny General Hospital by the Coast Guard Rescue 118 helicopter in the past few minutes.The man was believed to have been climbing when he lost his footing and fell. The Gaoth Dobhair Coast Guard team were first on the scene and contacted Malin Head Coastguard who tasked the Rescue 118 helicopter to the scene.It’s understood the man has suffered serious head injuries.“The man fell from cliffs and he has been flown to Letterkenny General Hospital for treatment for his injuries,” said a Malin Head Coast Guard spokesman.The helicopter has been called into action on a number of occasions in recent days.  MAN RUSHED TO HOSPITAL AFTER FALL FROM CLIFFS was last modified: August 29th, 2013 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:cliffsCruit IslandfallRESCUE 118last_img read more

Strong Second Round Pushes Men’s Golf Up the Leaderboard

first_imgStory Links Print Friendly Version The Drake University men’s golf team finished the first day of the SIUE Derek Dolenc Invitational tied for fifth place thanks to a strong second round to finish the day. The Bulldogs are currently two strokes back of the fourth-place Creighton.”I was proud of the team today and how they battled,” said Drake head coach Matt Lewis. “It was a very long day with warm and windy conditions in the morning before becoming calm in the afternoon.”The Bulldogs fired a second-round 287 to move into a three-way tie for fifth place after finishing the first round tied for seventh place. All five of Drake’s competitors matched or bettered their first-round totals in the second round, including senior Chase Wicklund who followed up a first-round 72 with a 69 in the afternoon to finish the first two rounds tied for ninth on the par-71 track.Tim Lim also fired an even-par round in the afternoon for a 36-hole total of 143 (72-71), which was tied for 19th.”The first round we had three solid scores and were just missing a fourth score,” Lewis said. “The second round we played better as a team and we lead by Tim and Chase. We are right in the thick of things and definitely know we have a great opportunity tomorrow.” Sophomore Lucas Scherf fired back-to-back 74’s to end the day tied for 40th, and freshmen Silvester Tan and Nick Pittman finished tied for 59th, 151 (78-73), and 67th, 153 (77-76), respectively.Drake will tee off in the third and final round of the event on Tuesday morning. Following the Derek Dolenc Invite, the Bulldogs return to Des Moines where they will host the Zach Johnson Invitational on Sept. 30-Oct. 1.SIUE Derek Dolenc InvitationalRounds 1&2Drake ResultsTeamT5. Drake, 295-287 – 582IndividualsT9. Chase Wicklund, 72-69 – 141 T19. Tim Lim, 72-71 – 143T40. Lucas Scherf, 74-74 – 148T59. Silvester Tan, 78-73 – 151T67. Nick Pittman, 77-76 – 153center_img Rounds 1 & 2 Results last_img read more

South Africa improves competitiveness

first_img7 September 2011 South Africa improved its ranking in the World Economic Forum’s (WEF’s) latest Global Competitiveness Index, climbing four places to 50th out of 142 countries surveyed, while claiming top spot for regulation of exchanges and second place for soundness of banks. Published on Wednesday, the annual Global Competitiveness Report was first released in 1979 and has since evolved into the prime authority on relative competitiveness among most of the world’s nations. Respondent numbers have grown over the years, with the 2011-12 report covering 142 countries and some 14 000 respondents.Gains in key areas South Africa’s overall ranking, after slipping nine places last year – from 45 to 54 – recovered to 50 in 2011-12, thanks mainly to impressive gains in accountability of private institutions, strength of investor protection and technological readiness. The country was ranked: 1st for regulation of securities exchange.1st for strength of auditing and reporting standards.2nd for soundness of banks.2nd for efficacy of corporate boards.3rd for protection of minority shareholders’ interests.3rd for availability of financial services.4th for financing through the local equities market.7th for effectiveness of anti-monopoly policy.8th for legal rights. “Since these factors are categorised by the World Economic Forum as sustainability issues, their superior ratings are indicative of a highly positive long-term outlook for the South African economy,” Miller Matola, CEO of the International Marketing Council of South Africa, said in a statement on Wednesday. “These combined attributes make South Africa the most competitive economy in the region.”2nd in Africa; 2nd among BRICS South Africa’s 50th overall ranking is sub-Saharan Africa’s highest, and Africa’s second-highest after Tunisia, which dropped from 34th place in 2010-11 to 40th place in 2011-12 owing to the political upheaval in the country. Among its fellow BRICS nations, South Africa is ranked second only to China (in 26th place), ahead of Brazil (53rd), India (56th) and Russia (66th). Matola said the narrative of the WEF report clearly indicated trust in South Africa, at a time when trust was returning only slowly in many parts of the world. “We could have fared considerably better had we not lost further ground in the categories in which we scored poorly last year – labour policies, health and education. “We need to improve our rankings in these criteria if we are to continuously move up the rankings.”34% market data, 66% perception Matola said the results were “an indication that the reality and perception of competitiveness in South Africa is improving at a pace ahead of that of many other countries. “The World Economic Forum derives about 34% of its score values from actual market data and 66% from perception. That South Africa has scored well on both counts is both highly gratifying and encouraging. “Of importance, too, is our third ranking for protection of minority shareholders’ interests,” Matola added. “South Africa’s strong performance in the financial market and corporate governance dimensions is an indication that the country is deemed a safe destination for business and investment. “This is a positioning the country will have to work hard to maintain amidst florid debates about open market policies.” Ewald Muller, a senior executive at the South African Institute of Chartered Accountants, said the standings would further enhance the country’s competitiveness in attracting foreign direct investment. “Given a clear account based on international standards, backed by strong regulation and robust corporate governance allows investors open and easy access to assessing the risks and rewards associated with corporate South Africa,” Muller said in a statement. SAinfo reporterlast_img read more

SA Women’s Sevens aim high in Amsterdam

first_img16 May 2014 Springbok Women’s Sevens coach Renfred Dazel on Thursday said he had high hopes for his team at the IRB Women’s Sevens world series event in Amsterdam as they completed their preparations for their toughest assignment of the year.Challenging pool Playing in their only World Series event of the season, the Springbok Women will face Russia, Australia and France in a challenging pool, with Australia posing the biggest threat as they are only two points behind Women’s World Series log leaders New Zealand going into the final leg of the competition. Russia, meanwhile, are also among the eight core teams on the World Series circuit and tied for fourth place in the standings with England. France participated in the Dubai and China tournaments, and will draw confidence from their victory against Dazel’s team in the Hong Kong Invitational plate semifinal in March. The tournament will run over two days.A tough onslaught Given the high quality of the opposition, Dazel expects a tough onslaught, but he was excited to see his team in action against some of the best sides in the world. “Australia plays a good running style of rugby and they have skilful players, so we are expecting a good challenge against them,” said Dazel. “Russia, on the other hand, plays a more physical game and they have some speed, so the contrast between those two attributes is something we will have to watch out for. “France, meanwhile, play a unique style of rugby, which is very different to last season. We faced them in Hong Kong and we were not successful on that occasion, so the players are hungry to give it another go.”Seeking improvement The Springbok Women’s Sevens won only one of their five matches at last year’s Amsterdam World Series event, but Dazel said he was keen to see a vastly improved showing from his charges in the next two days. “We certainly hope to deliver a much better performance this year because I believe as a team we have a better understanding of the game,” he said. “We are currently in a centralised training program, which involves spending a fair amount of time on conditioning and technical skills, so we are better prepared than last season.”Women’s World Series qualification While the team’s performance will not have a direct influence on their path to qualify for the 2016 Rio Olympic Games, Dazel said a good performance would be vital to boost the team’s confidence ahead of the qualifiers for the 2014/2015 IRB Women’s World Series, which are expected to be held in France later this year. The top four teams on the 2014/2015 World Series log at the conclusion of the competition will qualify automatically for the Olympic Games. “The tournament will definitely give us a good idea of where we are compared to the teams on the World Series circuit and it will also provide a platform from which we can build going into the qualifiers,” Dazel concluded.SPRINGBOK WOMEN’S SEVENS SQUAD Lorinda Brown, Rachelle Geldenhuys, Nosiphiwo Goda, Veroeshka Grain, Zenay Jordaan (captain), Jacqueline Kriel, Nomaphelo Mayongo, Lamla Momoti, Zintle Mpupha, Marithy Pienaar, Fundiswa Plaatjie, Vuyolwethu Vazi SAinfo reporterlast_img read more