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Could Ethical Capital Exist?
Former Ivorian CEO of Credit Suisse, Tidjane Thiam, has joined the Council for an Inclusive Capitalism — a US organisation which brings together some 20 world business leaders and advocates for a virtuous vision of the market economy and is officially in partnership with the Vatican as of Tuesday’s announcement. Tidjane is among a group of investors and leaders of major global corporations — often referred to by some as "gatekeepers," who are supposedly committed to "reforming capitalism for the good of humanity" and who want to promote the private sector's drive to make capitalism operate more in line with justice, inclusion and sustainable development.
These leaders — who represent more than 10.5 trillion USD in assets under management, are scheduled to meet annually with Pope Francis and Ghanaian Cardinal Peter Turkson.
Turkson is one of two African cardinals expected to succeed Benedict XVI in 2013 and become the first "black pope" in history.
In May, Burundi held a presidential election which was won by Evariste Ndayishimiye, candidate of the ruling National Council for the Defense of Democracy - Forces for the Defense of Democracy (CNDD-FDD) party.
Ndayishimiye was hurriedly sworn in after the untimely death of president Pierre Nkurunziza in June.
Rights violations continue
The Council encouraged donor countries which had suspended aid to Burundi to continue dialogue towards resumption of development assistance.
A report by a UN watchdog in September said human rights violations were still being committed in Burundi, including sexual violence and murder.
The country was plunged into a crisis in April 2015 when Ndayishimiye’s predecessor Pierre Nkurunziza decided to run for a controversial third term, which he ultimately won in July 2015.
His candidature, which was opposed by the opposition and civil society groups, resulted in a wave of protests, violence and even a failed coup in May 2015.
Hundreds of people were killed and over 300,000 fled to neighboring countries.
IN-FORM Zimbabwean golfer, Robson Chinhoi continued with his run winning the Ugandan Open Championships with 10 strokes ahead of his nearest rival Deo Akope in Kampala. BY FREEMAN MAKOPA It has been a fruitful two months for Chinhoi, who also won the second leg of the Safari Tour Golf Series at the par 72 Royal Nairobi Golf Club in Kenya and walked away with the top prize at the weekend following a brilliant round of five-under-par 67 in the closing round. Chinhoi shot past his rival with an impressive five under par 67 and finished all rounds with a total of 15 under par 273, while his opponent Akope posted three under par 69 for a total of five under par 283 to settle for the second prize. Zimbabwe Professional golfers Association (ZPGA) president Tongoona Charamba hailed the performance of the team, adding that corporates should support local talent. “It was great watching and playing in the same field with our fellow Zimbabwean who became the eventual winner on a record score of -15. Obviously, the inspiration is from how the other guys do in the events we play in and when we spoke about it during our practice rounds, we agreed that one of us should win. “As ZPGA, we are so proud of Robson Chinhoi for his exploits and hardworking, great talent that he is. I seriously ask our corporates to support him and others to get to the next level. We can't have such talent going to waste. The boy belongs to the biggest league. Chinhoi, Nyasha Muyambo and I made the cut. The other Zimbabweans who took part were Liberty Gumisa, Pride Sembo, Farayi Chitengwa and Morton Kombayi. We went better as a country as I competed and finished second last year at Victoria Serena,” he said.” This was a tough encounter with the defending champion Madalitso Muthiya from Zambia, finishing fourth after two under par 70, which could give him a total of two under par 286, a shot better than another top Uganda player Philip Kasozi. In addition, six-time winner Dismas Indiza from Kenya finished on level par total of 288 after a 71 in the final round to finish in sixth place. lFollow Freeman on Twitter @freemanmakopa
[African Union] African Union Heads of State and Government have underscored the urgent need for member states to kick-start trading activities, under the African Continental Free Trade Area (AfCFTA). The decision was adopted during a virtual meeting of the 13th Extra Ordinary Session of the Assembly of the Union on the AfCFTA, held on Saturday 5 December 2020, under the Chairmanship of H.E. Mr Cyril Ramaphosa, President of the Republic of South Africa and Chairperson of the African Union (AU). The summit is taking place
Nigeria is Blacklisted by the USA
On Monday, the United States placed Nigeria - for the first time, on a religious freedom blacklist; A core issue for the outgoing administration which often counted on strong evangelical Christian support while playing down other human rights concerns among allies. Mixed Reactions
Frank Tietie, a local human rights lawyer, shares his reaction to the news, \"I think it's coming quite a bit late because we are looking at facts that have been on the ground for many years, a situation where religious minorities in this country suffered helplessly, persecuted and the most painful part of it is there hasn’t been that kind of strong commitment on the part of the government.\" Nigeria is the base of Boko Haram, Islamist extremists whose 11-year insurgency has taken over 36,000 lives and spread to neighbouring countries.
Anegbe Gideon, a civil servant, takes a defiant stance - believing that national issues should be resolved internally, \"Nigeria cannot lay low to the US whatsoever because what binds them is different from what binds us together. We are Africans, they are out there on their own and they cannot force us to dance to their own tune, it is not possible.\"
A Religious Melting Pot
Isaac Akpegi, a trader, wants more visibility and respect for all Nigerians found within the country's borders, \" The sentiment that is in this country is the same one religion, they ((Referring to President Muhammadu Buhari, a Muslim) didn't even put any other religion. It is only one religion that is ruling and the ruling that they are doing now is bondage to indigenous (tradition) of Nigerians.\" As a multi-religious society, Nigeria navigates a delicate balance between Muslims, Christians and others in between. However, the Nigerian people's rising concerns require action for a truly harmonious co-existence.
According to Senator Chuck Schumer, President-electJoe Bidenis considering forgiving $50K for student loan borrowers. Schumer made the announcement Monday during... View Article
The post Schumer says Biden ‘considering’ forgiving $50K in student loan borrowers appeared first on TheGrio.
By ZEKE MILLER and JONATHAN LEMIRE Associated Press WASHINGTON (AP) — President Donald Trump celebrated the expected approval of the first U.S. vaccine for the coronavirus as the White House worked on Tuesday to instill confidence in the massive distribution effort that will largely be executed by President-elect Joe Biden. Trump declared that the expected approvals are coming before most people thought possible. 'They say it's somewhat of a miracle and I think that's true,' Trump said. He led the event celebrating 'Operation Warp Speed,' his administration's effort to produce and distribute safe and effective vaccines for COVID-19. The first […]
The post Trump takes vaccine victory lap, boosting shots confidence appeared first on Black News Channel.
