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This week’sinventory market rout deepened Wednesday on issues that rising numbers of coronavirus infections within the U.S. and Europe will push governments to deliver again restrictions on companies. The Dow…
\t On Friday, internet and international calls were cut off across the West African nation in anticipation of the election results, according to locals and international observers in the capital, Conakry.
\t This was the third time that Conde matched-up against Diallo. Before the election, observers raised concerns that an electoral dispute could reignite ethnic tensions between Guinea's largest ethnic groups.
By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are drifting in mixed trading on Wall Street Friday, as another zig-zag week for markets closes out following their abrupt loss of momentum this month. The S&P 500 was down 0.1% in morning trading after giving up a small gain in the first few minutes of trading. It's still on pace for a gain of 0.4% this week after a two-day slump followed up on a two-day gain. The Dow Jones Industrial Average was virtually flat at 27,901, as of 10:23 a.m. Eastern time, and the Nasdaq composite was […]
The post US stocks drift as another bumpy week of trading nears end appeared first on Black News Channel.
Ex-CIC boss Gitogo paid Sh154m on early exit
Thursday, June 4, 2020 0:01
By VICTOR JUMA |
Mr Tom Gitogo when he was CIC Insurance boss.
FILE PHOTO | NMG
Former CIC Insurance Group #ticker:CIC chief executive Tom Gitogo was paid Sh154.4 million when he cut short his employment contract on October 9, 2019, the insurer has disclosed in its annual report.
Mr Gitogo’s five-year contract was to end in February this year but he left before the end of his term for unexplained reasons.
Mr Gitogo joined CIC in 2014 when he replaced Nelson Kuria who retired after holding the chief executive position for many years.
Mr Gitogo steadily bought the company’s shares and still held 11 million shares by December 2019 when he was ranked ninth among the top 10 shareholders, according to the annual report.
There has been a lot of conversation revolving around law enforcement’s interactions in Black communities and with people of color.
While, it was expected that Black males would be the majority of those who responded, I was surprised to see the number of women that had guns pointed in their faces by members of law enforcement.
Additionally, the mental health aspect of having a member of law enforcement to point a loaded gun in your face, while threatening verbally to kill you, is a traumatic event for most.
The policies set forth for many years prior to me being elected to the General Assembly has created a deep framework into the fabric of our state and nation that empowers law enforcement to act in the manor that has become the norm in black households.
The fact that a Black mother has to educate her Black child at a very young age further contributes to the fear and distrust that they associate with the sight of law enforcement.
The commitment by Democratic presidential nominee Joe Biden to help increase opportunities and recognize the plight of African Americans as outlined in an exclusive editorial with Black Press USA resonated quite loudly with African American publishers and national board members from the National Newspaper Publishers Association (NNPA).
Three Caribbean Community (Caricom) countries have registered deaths from the coronavirus (COVID-19) over the past 24 hours, while others that have not registered cases in recent months, are now doing so.
