Nigerian Breweries Plc (NB.ng) 2011 Abridged Report

first_imgNigerian Breweries Plc (NB.ng) listed on the Nigerian Stock Exchange under the Beverages sector has released it’s 2011 abridged results.For more information about Nigerian Breweries Plc (NB.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Nigerian Breweries Plc (NB.ng) company page on AfricanFinancials.Document: Nigerian Breweries Plc (NB.ng)  2011 abridged results.Company ProfileNigerian Breweries Plc is the largest brewing company in Nigeria producing the nation’s favourite brew, STAR. The company boasts one of the most modern brew houses in the country producing a popular range of lager, stout, malt drinks, ready-to-drink beverages, cider, carbonated soft drinks and energy drinks for local consumption and for export. Lager brands include STAR, Heineken, Gulder, Goldber, “33 Export”, Life, More and Stella; the stout brand is Legend; the malt brand is Amstel Malta; the ready-to-drink brand is Ace Passion; the cider brand is Strongbow Apple Cider; the soft drink brand is fayrouz and the energy drink brand is Climax. Nigerian Breweries Plc has 11 breweries, 2 malting plants and 26 sales depots; enjoys a growing export market; and offers sales and logistic and marketing support to merchants and vendors. Brands in the product portfolio are available in 13 countries including the United Kingdom, South Africa, the United States and various countries in Middle-East and West Company. Its company head office is in Lagos, Nigeria. Nigerian Breweries Plc is listed on the Nigerian Stock Exchangelast_img read more

Why I think the Auto Trader Group share price is a winner

first_img Enter Your Email Address Jabran Khan has no position in any of the shares mentioned. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Buying a car can be a nightmare, but thanks to technology and the people at Auto Trader (LSE: AUTO), the process of locating the perfect vehicle could not be easier. The buying part is still down to you, however.Background, rise and competitionFounded in 1975 by John Madjeski, (who would go on to own Reading FC, if you know your football) the original platform consisted of a printed magazine circulated weekly throughout different regions. 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…By investing in new technology the website for Auto Trader arrived in 1996. 2008 saw the mobile site, before the popular mobile application became available in 2010.Fast forward to the current day and it is estimated that approximately 80% of UK automotive dealers use Auto Trader platforms. Across its platforms there are almost 60m visits per month, with the majority of those visits coming via mobile devices. Since Auto Trader’s emergence, many others have attempted to gatecrash the party and steal away some market share. Car Gurus and Motors.co.uk are just two traditional platforms currently navigating the industry. Throw into the mix that Facebook marketplace has exploded onto the scene and the ever growing popularity of free advertisement site Gumtree, it makes for an interesting smorgasbord of options for buyers and sellers. PerformanceWhen last year’s year end results were revealed, Auto Trader reported a 15% increase in pre-tax profit for the year. Pre-tax profit rose to £242.2m in the year to March 31 from £210.7m last year. Revenue increased 9% to £293m boosted by the launch of new products and higher yielding advertising packages. Reviewing the share price performance in the previous 12 months, Auto Trader has seen an approximately 30% increase. Impressive figures and the fact that the company expects a low double-digit increase in earnings in the coming year is a further sign of a blossoming business. Profits and dividend per share have increased year on year for the previous four years, which can only be a good omen. It is not a coincidence that within the last two months Goldman Sachs and UBS have upgraded Auto Trader based on “long term opportunities,” and “a more positive outlook on media.”What to do nowAnalysts at Liberium Capital calculate that Auto Trader’s market share is five times that of the next player, Gumtree, and as the leader in the market, Auto Trader “benefits from strong virtuous circle effects and very high barriers to entry.” Despite the ever increasing chance of an economic downturn, I feel Auto Trader possesses the ability to withstand general macroeconomic weakness and continue to flourish.If you are looking to invest in a stock that you will hold for a long time, and you’re ready to be patient and watch it grow, then I believe Auto Trader may be for you. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Why I think the Auto Trader Group share price is a winnercenter_img Image source: Getty Images. 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. Jabran Khan | Saturday, 22nd February, 2020 | More on: AUTO 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Jabran Khanlast_img read more

Retirees: 1 trick to max out your passive income with dividend stocks

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Peter Stephens | Friday, 3rd April, 2020 See all posts by Peter Stephens 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. Retirees: 1 trick to max out your passive income with dividend stocks 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. Enter Your Email Address Image source: Getty Images Our 6 ‘Best Buys Now’ Shares The stock market’s recent challenges mean that a number of stocks have relatively high dividend yields at the present time. As such, many investors may be seeking to improve their passive income through purchasing high-yielding stocks.While this can be a sound strategy, considering a company’s dividend prospects over the long run could be a better idea. A high yield today may not translate into a growing and sustainable passive income in the coming years.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…As such, focusing on dividend prospects, rather than solely on dividend yield, could be a shrewd move – especially after the market crash.Dividend prospectsThe dividend prospects for any business can be measured by their affordability, as well as by their potential to rise over the long term. In terms of affordability, there is little point in buying a stock with a high yield when its dividend payments are unlikely to be met over the medium term.Therefore, assessing a stock’s headroom when making its shareholder payouts is a worthwhile move. This can be achieved by dividing net profit by dividends paid to determine how many times a company is able to make its shareholder payout. A figure of less than one suggests that dividends could be reduced in the near term.As well as checking the affordability of a company’s dividends, it makes sense to consider their growth potential. This is arguably more subjective than considering dividend affordability, since it hinges to a large extent on the future profitability of the company in question. However, by considering its operating environment, past dividend growth, and the attitude of its management team towards reinvesting profits, it is possible to ascertain the likelihood for dividends to rise at a fast pace over the long term.Buying opportunitiesClearly, at the present time the prospects for dividend stocks are relatively challenging. Investors may become cautious about the affordability and growth prospects of dividends across a range of companies.However, history shows that while economic challenges can be painful in the short run, the global economy has always recovered from recessions to return to growth. Therefore, today could be a good buying opportunity while many stocks have high yields and low valuations. They may still be able to post resilient shareholder payouts and raise them at an above-inflation pace over the coming years.Relative appealCertainly, there may be less risky means of generating a passive income at the present time. You are less likely, for example, to lose money on cash or bonds. But those assets also fail to have the passive income potential of stocks, and would require a larger amount of capital to produce a similar income level due to their lower returns.As such, now could be the right time to buy dividend shares to enjoy a relatively high passive income. By assessing their dividend prospects, in terms of affordability and growth potential, you can enjoy a higher income return. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Gamba’re! A guide book for rugby fans going to the World Cup in Japan

first_img* This article was originally published on rugbyworld.com in April 2019 as part of a book competition. Follow Rugby World on Facebook, Instagram and Twitter. Brighton rocks: Japan players celebrate beating South Africa on the Sussex coast at RWC 2015 (Getty) Gamba’re! A guide book for rugby fans going to the World Cup in JapanMore than 600,000 overseas fans are expected to visit Japan during the World Cup and most will be encountering a language and culture of which they have little understanding. Angus Turvill, an award-winning translator, and Etsuko Okahisa, a university teaching colleague, have sought to address that with their ingenious guide for English-speaking visitors.Called Gamba’re! – which means ‘come on!’ – the portable guide provides information about the host venues and cities, tips on etiquette and, most challengingly, attempts to teach the rudiments of the Japanese language.BUY NOW with Amazon For those of you with a knack for foreign tongues, it’s entirely possible you will take several strides down the route of learning Japanese. The book is well thought out and we particularly like the illustrations used for numbers. One is ichi, pronounced ‘itchy’, so there’s a picture of someone itching. Two is ni, pronounced ‘knee’, hence a picture of a knee. And so on.For numbers 11-19, you merely add the word for ten (jū) in front, thus jū-ichi is 11.Big numbers: England fans are expected to account for 24% of the overseas visitors heading to Japan 2019Much of it is logical but of course in reality it’s far more complex than that – there are three types of script, including thousands of Kanji characters – and for many the value of the language sections will be learning the simple phrases needed for everyday use.Kon’nichi-wa (good day), arigatō (thank you) and the multi-purpose sumima’sen (excuse me, sorry, thank you, etc) will take you a long way, and X ni ikita’i desu (I want to go to X) should be gold dust – providing you can understand enough of the answer!A grainy day: why not try a sand bath on Beppu BeachThe key point really is making an effort. As co-author Okahisa says: “The people you meet will be very happy if you try to speak some Japanese.”The tips on etiquette for visitors are also most valuable. Eating or drinking whilst walking down the street is frowned upon but lifting a bowl or plate towards your mouth in a restaurant, or making a slurping sound when eating noodles, is fine.If you go to an izakaya (Japanese pub), you will often be given an appetizer which you’ll be charged for whether you eat it or not – it’s a kind of cover charge. Drinking expressions haven’t been forgotten – chant ikki, ikki! if someone is downing a drink in one! LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS TAGS: Book ReviewJapan center_img Turvill and Okahisa, supported by renowned illustrator Harry Venning, have done an excellent job and the specificity of the subject – Japanese knowledge for rugby fans – means anyone intending to head to the tournament in the autumn would be wise to snap up a copy of Gamba’re!BUY NOW with Amazon In addition, the publishers have created five short videos entitled Essential Japanese for Rugby Fans. “They are a free resource and we hope they will be really useful and enjoyable for fans going out to Japan,” says Turvill. You can watch the free videos here. Lion tamer: ex-Japan footballer Yasutaro Matsuki at the launch of the mascots for Japan 2019 (AFP/Getty) Taxi drivers and restaurant staff don’t expect to be tipped and, contrary to what you might expect, Japan is still primarily a cash society and a lot of ATMs don’t accept foreign cards.Visitors are advised to carry a handkerchief because often toilets don’t have hand-drying facilities and as for when to take your shoes off indoors, there’s almost a whole page on that.Naturally, the authors have provided masses of information on what to see and do in the vicinity of the match venues, including the various travel cards available.Two to watch: New Zealand and Ireland are among the favourites for the tournament (Getty Images)And there’s also a bit of history about rugby in Japan, which saw the sport first played there in 1866 in Yokohama.We were fascinated to discover that the original rugby shirts of the national team had two open flowers and one bud. The intention was to keep the third bud until Japan played England, that being where rugby originated. In the event, the third blossom appeared when Japan played Oxford University in 1952.Related content: Japan give England a scare in 2018 autumn seriesIn blossom: the flowers of the Japan rugby crest have an interesting history (Sportsfile/Getty Images)The book, which includes an appendix of general vocab and phrases, has a gentle underlying humour to it. For example, get the Japanese for “It’s a try!” slightly wrong and you could end up saying “It’s a tiger!” The reader is regularly advised to refer to what the authors call the Vowel Haka for a guide to pronunciation (the word for hooker is fukkā…)last_img read more

Juan Martin Hernandez’s incredible banana-swerve kick vs the All Blacks

first_imgTuesday Sep 11, 2012 Juan Martin Hernandez’s incredible banana-swerve kick vs the All Blacks Argentina were buoyed by the return of mercurial flyhalf Juan Martin Hernandez for their match against New Zealand in Wellington, but while he couldn’t influence the final 21-5 result, he did come up with this magical bit of play in the second half. Hernandez, widely recognised as one of the most naturally gifted players in the game, missed the Pumas’ 16-16 Rugby Championship draw with South Africa in Mendoza due to a groin injury. He returned against the All Blacks, proving his worth with not only his strong defence, but his well placed tactical kicking too, including one clearance in particular that caught the eye.A few years back Dan Carter came up with a freak kick (albeit from the kicking tee), and against Carter’s All Blacks Hernandez’s natural ability came through as he kicked one of the best touch finders you’re likely to see.If you watched the game live, you’ll know how tense things were at that stage, so to serve that up in what were challenging Wellington conditions was quite a feat.Argentina play Australia next, on the Gold Coast, and coach Santiago Phelan has rewarded his forwards for their stong performance. There are only two changes to the side that faced New Zealand, and they come in the backs, where Martin Landajo replaces Nicolas Vergallo at number nine, while Lucas Gonzalez Amorosino slots in at fifteen, with Martin Rodriguez moving to the bench.Argentina team to play Australia:Lucas Gonzalez Amorosino, Gonzalo Camacho, Marcelo Bosch, Santiago Fernandez, Horacio Agulla, Juan Martin Hernandez, Martin Landajo, Juan Martin Fernandez Lobbe, Juan Manuel Leguizamon, Julio Farias Cabello, Patricio Albacete, Manuel Carizza, Juan Figallo, Eusebio Guinazu, Rodrigo Roncero. Replacements: Agustin Creevy, Juan Pablo Orlandi, Leonardo Senatore, Thomas Leonardi, Nicolas Vergallo, Martin Rodriguez, Juan ImhoffDo you think this kick was intended, or are we getting excited about a bit of luck? Let us know in the comments below!ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life Reports30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Johnson, Livingstone and Paddick commit to Legacy10 campaign

first_img Howard Lake | 8 February 2012 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: legacies Legacy10 The three major London Mayoral candidates, Boris Johnson, Ken Livingstone and Brian Paddick, are supporting the Legacy10 campaign by committing to leave at least 10% of their estates to charity in their wills.Legacy10 campaigns to ask individuals across the UK to pledge 10% of their estate to charity. Founder Roland Rudd invited the candidates to show their support for the campaign, which has seen many people from sport, business, and the arts take the pledge.Mayor of London, Boris Johnson, said: “I am pleased to give my support to the Legacy10 campaign. I think this is a fantastic idea, rightly promoting leaving a legacy for charitable purposes in order to ensure that this becomes the norm, rather than the exception to the rule.”Labour candidate Ken Livingstone said: “Londoners have a proud history of charitable giving, and so I am very happy to personally support the Legacy10 initiative.”Liberal Democrat candidate Brian Paddick said: “I am proud to support the Legacy10 campaign. So many London charities and arts institutions stand to benefit from the forthcoming inheritance tax changes, and I hope everyone in this great city signs up to this exciting initiative.”Last month the three major political parties’ leaders all signed up to the Legacy10 campaign.According to the 2011 Legacy Market Snapshot by Legacy Foresight, currently only 7% of the UK population leave a gift to charity in their will, yet 74% of them donate to a charity in their lifetime.www.legacy10.com. Johnson, Livingstone and Paddick commit to Legacy10 campaign  27 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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.last_img read more

Seven more journalists, writers and bloggers arrested in Saudi Arabia

first_img NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say Saudi Arabia is ranked 172nd out of 180 countries in RSF’s 2019 World Press Freedom Index. News to go further March 9, 2021 Find out more News Nine Saudis, including seven journalists, writers and bloggers, were arrested by the Saudi authorities from 16 to 21 November, according to sources on the ground. Several of these journalists had written about sensitive issues such as human dignity in Saudi Arabia, religious conservatism and progress towards reforms. Others had criticized the public debate and had indicated support for prisoners of conscience. RSF joins Middle East and North Africa coalition to combat digital surveillance Saudi media silent on RSF complaint against MBS They also include two women journalists: Zana Al-Shahri, who works for the online magazine Al-Asr, and Maha Al-Rafidi, who works for the daily Al-Watan. News This latest wave of arrests brings the total number of imprisoned journalists and bloggers to at least 39. The most recent previous wave of arrests was in April when six journalists and writers were detained: Nayef Al-Handas, Yazid Al-Faifi, Abdullah Al-Duhailan, Thumar Al-Marzouqi, Mohammed Al-Sadiq and Bader Al-Ibrahim. None of them has so far been formally charged. RSF_en Middle East – North Africa Saudi Arabia Condemning abusesProtecting journalistsOnline freedoms Freedom of expression center_img April 28, 2021 Find out more Receive email alerts Organisation Middle East – North Africa Saudi Arabia Condemning abusesProtecting journalistsOnline freedoms Freedom of expression News “On the one hand, the regime tries to project an image of openness and modernization, but on the other, it persists in gagging the press and online media,” said Sabrina Bennoui, the head of RSF’s Middle East desk. June 8, 2021 Find out more “This new wave of arrests sends a very bad signal as regards press freedom, and shows that the Saudi authorities are going from bad to worse. Instead of reforming and opening up to diverse and pluralistic journalism, Saudi Arabia is plunging further down the dead-end street of repression and isolation.” Follow the news on Saudi Arabia Help by sharing this information Reporters Without Borders (RSF) condemns a new wave of arrests of journalists, writers and bloggers in Saudi Arabia, which shows the regime is moving in the opposition direction from its stated desire to allow more openness. The detainees include Bader Al-Rashed, a blogger and journalist with the daily Al-Riyadh; Waad Al-Muhaya, the presenter of a podcast on the Thmanyah online media outlet; Abdulaziz Al-Hies, a journalist writing for many media outlets including Alaraby; and two bloggers on the online apprenticeship platform Rwaq, Musab Fuad and Fuad Al-Farhan. November 26, 2019 – Updated on December 9, 2019 Seven more journalists, writers and bloggers arrested in Saudi Arabialast_img read more

Working in the Clouds

first_img About Author: Steve Comer  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Steve Comer is the Director of the Financial Services sales team at Hyland, a leading provider of content services solutions to better manage content, processes and cases. Comer has spent the past 12 years working with financial services customers to develop strategic plans to improve their operational efficiencies through the use of OnBase, an enterprise-class solution for capture, workflow, business process management, and case management capabilities. Previous: Shedding Light on Reconstruction Costs Next: Consolidated Analytics Acquires Carrington Property Services Tagged with: Cost Savings Servicers Technology The Best Markets For Residential Property Investors 2 days ago Cost Savings Servicers Technology 2019-02-06 Donna Joseph Editor’s note: This feature originally appeared in the February issue of DS News, out now.It’s a cliché, now, to say, “We’re going to the cloud.” The technology, nearly two decades old, is ubiquitous in 2019. It fuels the economy, connecting clients with companies in an immediate way that demands trust and honesty. Look no further than the smartphone in your pocket to see how the cloud is enveloping consumers on a daily basis. Updates to apps, including social platforms and communication portals, are pushed out via the cloud, saving users the hassle of loading and reloading software on every device they own on a regular basis. It also fuels the work of financial institutions. Embracing the cloud often translates into significant cost savings and operating efficiencies for traditional banks and credit unions, wealth firms, and other financial services providers. In today’s market, the technology is more vital than ever, as loan-servicing consolidation continues and more financial institutions are taking on larger portfolios—and, as a result, more risk. As the industry heats up, originators and servicers are looking to technology to help minimize risk and maximize reward. The cloud can help. The cloud makes access to information via various devices quick and convenient. Users no longer have to access a dedicated machine to get work done.A simple way to see this impact is through cloud-based office programs that allow employees to access document creation tools via web browser or app. Companies discover cost savings when outsourcing the management of these applications and systems to a dedicated and trustworthy cloud vendor. For financial institutions that want to make sure loan servicing files are complete, ensure the quality of their loans, and access data from certain documents within those loan file packages, hosting in a purpose-built cloud solution can be an ideal way to send and share information. But even financial institutions that are hesitant to embrace the full breadth and depth of the cloud can benefit from it. Cloud-based file-sharing applications offer a way for default services departments to safely and swiftly share and manage information with clients and third party vendors.SAFETY AND SECURITYThe right cloud-based file sharing platform will allow you to securely share loan-related documents with clients and third parties such as investors and title companies without the need for your IT department to get involved. File-sharing solutions that use a purpose built cloud as a foundation provide some of the best security available. Unlike on public file-sharing sites, financial institutions maintain ownership and control. Documents are securely stored in the privately managed cloud and accessed by approved users. In short, the solution provides:Role-based security: You control who shares content, what content they can share, and with whom it is shared.Revocation of access: When an employee changes roles or leaves the company, you can easily lock the account to ensure that person can no longer access private customer information.Simple transfer of ownership: As employees change roles or move to different departments, a system administrator can immediately change viewing and sharing privileges. This ensures employees have access and sharing rights to the information they need to do their jobs.Access permissions are easily managed and an audit trail is created for easy review. Users can track any interactions that are happening and reach out to approved users to better understand decisions.PEACE OF MINDIn the past, organizations have fought the concept of cloud technology because control is vital to their success. Control of the processes, control of the infrastructure, control of documents and data. However, there will always be the possibility for things to happen that outside of their control, and when those things happen, the downtime leads to lost productivity, revenue, and brand reputation. The mortgage industry ebbs and flows based on volume and loan quality, all of which can be impacted by technology. Cloud-based technologies allow a servicer to stop thinking about preventing all possible disasters and focus more on how quickly you can recover. Cloud based services provide quick data recovery for emergency scenarios ranging from natural disasters to data breaches to simple power outages.AUTOMATED PROCESSESBy combining cloud-based file sharing with a content-services platform that provides, for example, intelligent-capture technology coupled with a sophisticated workflow engine, you can create a fully automated program that extends the reach of your content services platform to employees, clients, and partners. Allowing work processes to be triggered by specific events or the introduction of documents/data to the system decreases the potential for errors upstream. For example, after documents are captured into the system for a particular loan or request, the solution can use information like loan number and contract level automatically to create file-sharing folders populated with specified documents for external sharing. Actions like loan approvals, rejections, or modifications can trigger the real-time creation of cloud-based folders, making all associated documents immediately available to the appropriate employees and third-party contacts. You’ve now eliminated the need to manually mine documents for certain criteria, determine who should have access to which information, and export that information for publishing.SO LONG, SHADOW FILESBefore the implementation of cloud-based technology, employees would often be forced to mine and pull documents, then burn them onto a CD or thumb drive. This practice made version control a nightmare, as files (and copies of files) were often saved to local drives or shared in several locations. Email is another culprit for what many call “shadow files.” These are document versions that are regularly referred to by employees and customers, but which are no longer up-to-date or contain missing information. There could also be a host of documents tied to one loan but stored in multiple places, creating a time-consuming and manual search-and-confirm project for employees. It is still not uncommon to see companies that have dedicated departments of anywhere from five–25 full-time employees who are dedicated to nothing but research. The cost of human capital alone is worth reevaluating these technologies. Cloud-based file sharing solutions provide more consistency and control over the documents and data that are required to navigate the lending process effectively.SUPERIOR CUSTOMER EXPERIENCEAs with any technology consideration, hard costs (and associated ROI’s) tend to be the driving factor. In today’s competitive landscape, though, those organizations that provide the best customer experience are leading the charge while the rest fall behind. When a servicer can eliminate the work of managing servers and storage devices, they have greater flexibility to focus more on customer experience. Delivering customer delight by easily tracking missing documents, assembling complete loan packages, and making those packages accessible may provide the best ROI of all. Today’s client expects faster response times since their digital experience in other venues and with other servicers provides this immediate response. That means everyone involved in the process must remain connected, even if they reside outside the financial institution’s four walls as vendors or remote employees. Cloudbased tools like file-sharing solutions can provide the groundwork for that end-to-end experience.Finally, one last best practice is to ensure the vendor you choose for cloud-based file sharing has the experience necessary to deliver a safe and secure platform. To ensure the security of your information, make sure the vendor hosts your solution in a cloud where your data is not comingled with other companies’ and is protected with an encryption key unique to your organization. Also, ask where your data will be stored and backed up. If you’re one of the 65 percent of organizations (according to Association for Information and Image Management research) that still don’t have some level of sanctioned, cloud-based sharing standards in place, this is the year to re-examine your content-sharing strategy. Maintaining ownership over your information might seem like an insurmountable feat, but it is achievable. You can control and secure your information. You can protect your organization and you can empower your employees to safely share, as it is an inherent element of modern business. The Best Markets For Residential Property Investors 2 days ago February 6, 2019 2,566 Views center_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Working in the Clouds Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, News, Print Features Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Working in the Cloudslast_img read more

Farewell To Justice Hosbet Suresh

first_imgColumnsFarewell To Justice Hosbet Suresh Colin Gonsalves, Senior Advocate12 Jun 2020 7:22 AMShare This – xJustice Suresh died last night in his sleep. The lockdown prevents us from being with him at the funeral. I have known him for 30 years, through my activism days at Bombay, my practice in the Industrial Courts and the Bombay High Court and then as the Chairman of the Human Rights Law Network till his death. He had lived a good life, was happy and content till the end, though he railed…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?LoginJustice Suresh died last night in his sleep. The lockdown prevents us from being with him at the funeral. I have known him for 30 years, through my activism days at Bombay, my practice in the Industrial Courts and the Bombay High Court and then as the Chairman of the Human Rights Law Network till his death. He had lived a good life, was happy and content till the end, though he railed against injustice with increasing vigor with every passing day. It was a joy arguing before him in the High Court. We knew that if it was a contract labor case he would protect their services. If it was a slum demolition case he would stay the eviction. No doubt about it. That was the nature of the Judge. He was unflinchingly in favor of the working people. He had another Judge like him on the bench -Justice Daud- with whom we went for many fact findings into state atrocities. I have never met two Judges like them in my life. Justice Suresh joined the High Court late. He would often complain to us that since he had radical views he was seldom assigned writ jurisdiction cases where he could hold the government to task. Rather he was given boring final hearing of suits and other civil matters. It was his innings after he retired when he rose in stature as one of the finest human rights activists in the country.Human rights work gave him a new life and inexhaustible optimism and energy .He travelled the country on the invitation of leftist political formations and NGOs going to the areas where State atrocities had taken place, reaching immediately after the event to console the victims. He would sit among them sometimes for days collecting facts and recording testimonies. He would then come out with a report and do a press conference. The many reports that he completed during his lifetime, if recovered, would be an elaborate account of the major human rights violations in the country.He would be so quick and thorough in his gathering of facts and assessment of the situation that he would beat, by far, any official Commission of Inquiry. After the Bombay riots he completed his report so exhaustively and thoroughly that the Justice Shrikrishna Commission of Inquiry Report (his best work ever) was left in the shade.I went with him on many inquiries enjoying the travelling by train and by bus and on two occasions by canoe. I remember once while travelling somewhere in Karnataka, on my pleading, he readily agreed to stop the bus so that we could go swimming in the lake unmindful of the warnings of the locals that if was full of crocodiles. The Manipur trip, where I went with Justice Suresh to elaborately document the rape, killings, torture, enforced disappearances and fake encounters by the Manipur Police and the para military forces was the high point of our lives. As we walked out of the airport we entered a different world with security forces racing up and down the road and people merging into the background. With calmness men, women and children told us of the incredible level of violence. I remember we interviewed a man who was holding his intestines out of his stomach in his hands. I have no doubt that it was because he was a retired Judge that we were able to go to distant places, take photographs, holds meetings and make fiery speeches. That was the situation in every fact finding. Without Justice Suresh we would have been stopped at every stage and perhaps arrested repeatedly. With him we activist were like lions. He protected us, he encouraged us, even instigated us. It was during that fact finding in Manipur that IromSharmila and Justice Suresh met. She was still studying. She followed us on a cycle, standing at the back of the crowd listening to the speeches. They obviously had a lasting effect. A few months later when the Manipur Police massacred people in the market in blind rage and retaliation for the killing of a Jawan, Sharmila went on a fast to death without consulting anyone. That was the beginning of her historic and inspiring protest against the Armed Forces Special Powers Act .He probably lifted the spirits of tens of thousands of young activist who saw in his innate radicalism a confirmation of their own anger against injustice. He was loved dearly. He relished this love. It made him stronger and took away whatever loneliness he might have felt as he grew older. It took away the pain from his body when he went into his eighties and gave him stamina and endurance. He would stay in run down hotels without demur. He made no demands from those who had invited him to do fact findings. When he had friends around he would love to have a little drink.After Justice Daud died, he often used to lament that they were no retired Judges left to carry on his work. He could not find anyone equally consistent, determined and ideologically firm. It was a new era of pompous globalized Judges who had lost their constitutional moorings. He joined the Human Rights Law Network – a collective of 150 lawyers covering the country –and saw it grow from a small group of 3 stationed at Mumbai to a pro bono network crossing the country. Even when he was too indisposed to work he would come for the trustee meetings. It will be nigh impossible to replace him.Towards the end of his life he was greatly distressed when the Bombay High Court took custody of his grand -daughter and gave her to her father. He loved the child dearly and it broke him to lose her. This was the only time I saw him despair .When I hear of the death of a friend I am consoled by the fact that he did not suffer and went peacefully in his sleep. It is not death but the suffering before death that causes distress. I am sad for us – those he left behind who miss him terribly –but I am happy for him for he goes to a better place. Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Louisville’s top cops refuse to answer questions on Breonna Taylor case

first_imgPatrick Smith/Getty ImagesBy KARMA ALLEN, ABC News(LOUISVILLE, Ky.) — Louisville’s top police officers walked out of a committee hearing on Monday, refusing to answer questions amid an ongoing investigation into the city’s handling of the case of Breonna Taylor, a young Black medical worker who was fatally shot by plainclothes officers.Louisville Metro Police Chief Rob Schroeder and the city’s chief of public safety Amy Hess left the hearing without answering queries from city lawmakers on Monday, citing a pending lawsuit against the police department and the city.The officials had agreed to testify before the Government Oversight and Audit Committee about the city’s response to ongoing protests over Taylor’s death.It was the first scheduled hearing related to the Metro Council’s investigation into Mayor Greg Fischer’s administration and its handling of the large-scale protests that followed the 26-year-old woman’s death.Attorneys for Schroeder and Hess argued that they couldn’t answer the questions due to a federal lawsuit filed Thursday by the American Civil Liberties Union of Kentucky and the NAACP. It names Schroeder, Mayor Fischer, Louisville metro government and the police department among the defendants.“If we’re compelled to proceed today and we’re here voluntarily and prepared to proceed, the law requires it be done in closed session,” David Gaurnieri, an attorney for Hess, said.Schroeder’s attorney, Joey Klausing, made a similar argument, saying a testimony in open court this early on in the case could jeopardize the officers’ defense.“He [Schroeder] has been named in a 47-page civil rights lawsuit, which I haven’t even had the opportunity to talk to him about,” Klausing said, noting that the suit came in late Thursday night. “He’s not just been named in his official capacity. He’s been named in his individual capacity as well.”“To have him be compelled to testify here today would be in contradiction to the statutes that have been promulgated by our legislature,” he added.The four-hour hearing was supposed to focus on how the police department handled protests in the wake of Taylor’s death in March, but the attorneys claimed there was too much overlap between the topics on the hearing agenda and those mentioned in the excessive use of force lawsuit.After their departure, council members voted 10-1 to issue subpoenas to compel the officials to testify.Taylor’s death on March 13 sent shock waves around the country. Louisville police officers had executed a no-knock search warrant and used a battering ram to forcefully enter the young woman’s apartment.Taylor and her boyfriend, Kenneth Walker, got out of bed around midnight when they heard a commotion outside. After a short exchange with police, Walker fired his gun in self-defense, saying he thought his home was being broken into, according to police.The plainclothes officers returned gunfire, firing several shots and fatally hitting Taylor, police said.It was later revealed that the police had been looking for two men who they believed were selling drugs out of a house located near Taylor’s home. Police obtained a no-knock warrant to search Taylor’s apartment because they had reason to believe the men had used her apartment to receive packages.One of the officers, Brett Hankison, was fired in June amid intense pressure from the public. Jon Mattingly and Myles Cosgrove, the other officers involved, were placed on administrative reassignment, but civil rights activists say all three men should be charged. Copyright © 2020, ABC Audio. All rights reserved.last_img read more