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	<title>The Daily IIJ &#187; Economic Reporting</title>
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	<link>http://inwent-iij-lab.org/Weblog</link>
	<description>A Weblog by the International Institute for Journalism of GIZ</description>
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		<title>Sierra Leonean Question Teltac Operation</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/05/21/sierra-leonean-question-teltac-operation/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/05/21/sierra-leonean-question-teltac-operation/#comments</comments>
		<pubDate>Mon, 21 May 2012 09:29:17 +0000</pubDate>
		<dc:creator>Ibrahim Joenal Sesay, Sierra Leone</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9567</guid>
		<description><![CDATA[Questions from various departments in the country mostly Sierra Leonean have raise eyes brows on the operation of Teltac in the country. They pointed out that they are not seen what teltac is doing in the country but yet teltac is collecting huge sum of money on the country’s International Gateway. The Lebanese company is [...]]]></description>
			<content:encoded><![CDATA[<p><em><strong>Questions from various departments in the country mostly Sierra Leonean have raise eyes brows on the operation of Teltac in the country.</strong></em></p>
<p>They pointed out that they are not seen what teltac is doing in the country but yet teltac is collecting huge sum of money on the country’s International Gateway.</p>
<p>The Lebanese company is manding the country’s only international gateway as a consulting firm that is managing the international gateway which many people does not understand their operations let alone their corporate social responsibility to the nation.<span id="more-9567"></span></p>
<p>Oneness a local base organization Secretary General Foday Faya told this press that they are wounding about the safety of the country’s information system. “Our organization as we stated Oneness we want is to flow in every area in life, if  Sierratel is charge with the responsibility to control the gateway they should have done it with all seriousness but we know that they are not capable for such responsibility.”</p>
<p>He reflect to on  huge sum of money mobile operators are paying to them just for the international gateway but  create no impact on the lives of Sierra Leoneans and even for Sierratel to beef its telephone and internet facility.</p>
<p>He alleged that teltac together with Sierratel are lobbing round government not to liberalize the gateway because they are benefiting from it. “The monopoly of the gateway was due to the non insistence of a national regulator but now we can boast of the National Telecommunications Commission (NATCOM) who is more vibrant to crack down any security risk information. What not give them the mantle of leadership to monitor such than foreigners who is just here to do business and when any thing occurs they will be the first to live,” he asked.</p>
<p>Some said the name of Teltac has not being mention in any social gathering not to talk about their Corporate Social Responsibility to the nation during their years stay in the country.</p>
<p>“We have records of all private company and their activity in the country; Teltac doesn’t adhere to its corporate social responsibility. I can challenge any body to come with their evidence that shows that this is what Teltac has done to this or that community or group,”</p>
<p>An Information Officer, Osman Conteh said they had some information that cabinet to grant Teltac a renewal of its international gateway contract with Sierratel and to extend Sierratel’s international gateway Exclusivity Period (EP). He  added that such approach if it is true demonstrates at best ignorance of the laws that govern the nation’s telecommunications sector or at worst.</p>
<p>“The outright disregard for the provisions within the Telecommunications Act of 2006 and Amended in 2009 that direct the independent regulatory body, the National Telecommunications Commission (NATCOM) to oversee the international gateway renewal process for the EP and grant approval for no more than three additional years is at threat. The Telecommunications Act, 2006, provides for the Chairperson of NATCOM upon extensive review to grant an extension to the exclusive use of the gateway,’’ he said.</p>
<p>Currently subscribes are experiencing serious chock when ever thay want to make or receive call outside the country.</p>
<p>“We want to get quality and cheaper communication to enjoy the value of our money,’’ they shouted.</p>
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		<title>‘Comium, we have the best Network’</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/05/07/%e2%80%98comium-we-have-the-best-network%e2%80%99/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/05/07/%e2%80%98comium-we-have-the-best-network%e2%80%99/#comments</comments>
		<pubDate>Mon, 07 May 2012 10:24:11 +0000</pubDate>
		<dc:creator>Ibrahim Joenal Sesay, Sierra Leone</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9466</guid>
		<description><![CDATA[In the light of various complaints about the quality of mobile network providers, the Chief Commercial Officer for Comium Liberia and Sierra Leone Joe Amara Bangali Jr. has said that Comium Sierra Leone has the best network in the country. Mr. Bangali made this remarks while responding to questions from SALONE TIMES over the weekend [...]]]></description>
			<content:encoded><![CDATA[<p><em><strong>In the light of various complaints about the quality of mobile network providers, the Chief Commercial Officer for Comium Liberia and Sierra Leone Joe Amara Bangali Jr. has said that Comium Sierra Leone has the best network in the country.</strong></em></p>
<div id="attachment_9467" class="wp-caption alignright" style="width: 214px"><a href="http://inwent-iij-lab.org/Weblog/2012/05/07/%e2%80%98comium-we-have-the-best-network%e2%80%99/dsc09333-2/" rel="attachment wp-att-9467"><img class="size-medium wp-image-9467" src="http://inwent-iij-lab.org/Weblog/wp-content/uploads/2012/05/DSC09333-204x300.jpg" alt="" width="204" height="300" /></a><p class="wp-caption-text">Chief Commercial Officer for Comium Liberia and Sierra Leone Joe Amara Bangali Jr</p></div>
<p>Mr. Bangali made this remarks while responding to questions from SALONE TIMES over the weekend at the Company’s  Headquarter in Freetown. “We are always here to give the best and we are giving the best that is why we are the best network in the country”<span id="more-9466"></span></p>
<p>He said no other company can stand their tariffs plant and the value added services in the country. Comium he went on is offering free calls to 39 destinations in the country which he said is one of their biggest offers to their subscribers. “Not only that we have the biggest number of subscribers in Bo and Kenema”</p>
<p>He pointed out that they have covered 80% of populated area in the country. He said beside their unbeatable 9 units tariffs in all the cities in the country including Freetown subscribers can get access to the super tariff which is 5 units per minute.</p>
<p>In relation to his news appointment to over see Comium Liberia, Mr. Balgali said he has a Commercial Director in Liberia, “All I am doing is planning and making policy, I can visit to see what we have put in place enacted, ” he said.</p>
<p>He went on to say he will also ensure discipline in the company from all sectors. He said it does not only mean that he should station in that country but to over see and implement policies. “I am ok with the added responsibility.”</p>
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		<title>NPA RECOVERS OVER ONE HUNDRED MILLION LEONES</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/05/07/npa-recovers-over-one-hundred-million-leones/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/05/07/npa-recovers-over-one-hundred-million-leones/#comments</comments>
		<pubDate>Mon, 07 May 2012 10:14:05 +0000</pubDate>
		<dc:creator>Ibrahim Joenal Sesay, Sierra Leone</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9461</guid>
		<description><![CDATA[Despite frantic effort from the National Power Authority (NPA) to provide 24 hours electricity to this nation the NPA has been meeting stiff challenges in the collection of its bills. It has therefore taken proactive measures in its bid to collect its bills. The latest move take by the NPA clearly indicts such people as [...]]]></description>
			<content:encoded><![CDATA[<p><strong><em>Despite frantic effort from the National Power Authority (NPA) to provide 24 hours electricity to this nation the NPA has been meeting stiff challenges in the collection of its bills. It has therefore taken proactive measures in its bid to collect its bills.</em></strong></p>
<div id="attachment_9462" class="wp-caption alignright" style="width: 202px"><a href="http://inwent-iij-lab.org/Weblog/2012/05/07/npa-recovers-over-one-hundred-million-leones/dsc00789/" rel="attachment wp-att-9462"><img class="size-medium wp-image-9462" src="http://inwent-iij-lab.org/Weblog/wp-content/uploads/2012/05/DSC00789-192x300.jpg" alt="" width="192" height="300" /></a><p class="wp-caption-text">NPA General Manager</p></div>
<p><em>The latest move take by the NPA clearly indicts such people as the company was able to recover over One Hundred and Fifteen Million Leones in one operation. <span id="more-9461"></span></em></p>
<p><em>The arrest came at a time the company is putting mechanism in place to source funds  for the sustenance of the plants at Kingtom when Bumbuna would have shut down on May 10 this year. </em></p>
<p>Public Relations Officer of NPA Victor Wilson Clarke said they noticed that people have not changed their attitudes despite their effort to provide sustainable electricity in the city. “They are still in the habit of stealing energy. We are able to recover such due to the raid we made together with the Police in some areas we notice there are of such habit,”</p>
<p>Mr. Clarke said, NPA is spending Le 2 billion weekly to upkeep the Kingtom machine and Le 1 billion weekly to Bumbuna despite their output to NPA. Currently they are supplying 7 mega watts in Freetown which is far from its original 18 mega watts.</p>
<p>Mr. Clark said they are going to continue to change to prepaid meters in the remaining areas under NPA purview.</p>
<p>He also disclosed that NPA will conduct an excise to cut down sticks that are very closed to the cables to avoid any damage on them during the rains.</p>
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		<title>BUMBUNA SHUT DOWN…NPA TO COUGH UP LE 7 BILLION</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/05/04/bumbuna-shut-down%e2%80%a6npa-to-cough-le7-billion/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/05/04/bumbuna-shut-down%e2%80%a6npa-to-cough-le7-billion/#comments</comments>
		<pubDate>Fri, 04 May 2012 17:22:21 +0000</pubDate>
		<dc:creator>Ibrahim Joenal Sesay, Sierra Leone</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9408</guid>
		<description><![CDATA[Sierra Leoneans have expressed great concern over the announcement that the National Power Authority (NPA) is to temporarily  shut down Bumbuna on May 10 this year. This according to record is the second time in one year Bumbuna is shutting down. It was first shut down in February. The May 10th shut down will cost  [...]]]></description>
			<content:encoded><![CDATA[<p><strong><em>Sierra Leoneans have expressed great concern over the announcement that the National Power Authority (NPA) is to temporarily  shut down Bumbuna on May 10 this year. </em></strong></p>
<p>This according to record is the second time in one year Bumbuna is shutting down. It was first shut down in February. The May 10th shut down will cost  NPA Le 7 billion to help sustain the Kingtom plant until Bumbuna comes on again.</p>
<p><span id="more-9408"></span></p>
<p>This was confirmed to SALONE TIMES  by the Public Relations Officer of NPA  Victor Wilson Clarke. He said the  shut down of Bumbuna in May  will pave the  way for them to do maintenance and also wait for the  water level to increase. &#8220;We  depleted our funds in February with the hope that Bumbuna will not shut down again this year.&#8221;</p>
<p>In February , Mr. Clark said, the NPA spent Le5 billion to  upkeep the Kingtom machine. He pointed out that Bumbuna is currently supplying 7 mega watts in Freetown which is  far from its original 18 mega watts. This he said is due to the drop in the water level.</p>
<p>Reacting to the current trend of blackout in the city, Mr. Clark said their machines are in good order but there is shortage of Marine Fuel Oil (MFO) in the country. &#8220;The MFO is bought by National Petroleum (np) which have  promised to come with supply by next week. We have not got enough fuel to run the engine.  Meanwhile only one or two machines are running,” he said. When the abnormality is over, Freetown will once again enjoy almost 24 hours electricity supply to their homes and offices.  Most government offices this Press visited yesterday including State House reported that they have been in total blackout for the past two days. It was learnt that government owes NPA billions of Leones for non payment of utility bills.</p>
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		<title>Pollution from mining poses threat on residents in Zambia&#8217;s Copperbelt</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/04/27/pollution-from-mining-poses-threat-on-residents-in-zambias-copperbelt/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/04/27/pollution-from-mining-poses-threat-on-residents-in-zambias-copperbelt/#comments</comments>
		<pubDate>Fri, 27 Apr 2012 12:54:58 +0000</pubDate>
		<dc:creator>Newton Sibanda</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Political reporting]]></category>
		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[mining]]></category>
		<category><![CDATA[Pollution]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9380</guid>
		<description><![CDATA[By NEWTON SIBANDA LUSAKA, Zambia-CHRISTINE MULENGA has lived in Mufulira’s sprawling kanoyo township, on the fringes of MufuliraMine since 1998. She has not seen the economic benefits of the mining activities in her vicinity, but can attest to the toll it has taken on both her health and living environment. Frail and pale, Mrs Mulenga [...]]]></description>
			<content:encoded><![CDATA[<p>By NEWTON SIBANDA<br />
LUSAKA, Zambia-CHRISTINE MULENGA has lived in Mufulira’s sprawling kanoyo township, on the fringes of MufuliraMine since 1998. She has not seen the economic benefits of the mining activities in her vicinity, but can attest to the toll it has taken on both her health and living environment.<span id="more-9380"></span><br />
Frail and pale, Mrs Mulenga attributes her frequent chest pains and constant cough to the emissions from Mopani Copper Mines’ (MCM’s) copper smelter.<br />
“We hope the government can do something to help us. We are really suffering,” said Mrs Mulenga as she emerged from her tin roofed rondavel whose roof has almpst been eaten away by rust.<br />
“the sulphur dioxide is eating away our roofs and we have chest pains and constant cough. My husband is always sick. Every two days, he is sick,” she said.<br />
She is not alone in this plight, attributed to the historical liabilities of mining. Her neighbour, Webster Kabwe points to the cracking walls of his house which are cracking due to blasting at the mine.<br />
That is besides the corrosion of the roof from sulphur dioxide emissions and the resultant respiratory problems.<br />
Mr kabwe, a former sportsmaster under the Zambia Consolidated Copper Mines (ZCCM) which owned the mine prior to privatisation, is now unemployed.<br />
He has lived in this area for 15 years and can attest to the menace of the sulphur dioxide emissions in the area.<br />
“A lot of people have respiratory problems because of the sulphur dioxide. My wife was admitted a year ago for respiratory problems,” Mr Kabwe recounted.<br />
“If only Mopani could have the technology to trap sulphur dioxide. It is the biggest problem we are facing,” he added.<br />
“I haven’t seen any benefits (from mining). We just see our copper being dug away leaving us with nothing but suffering.”<br />
Charcaterised by ochre dust and almost barren soils that do not support any vegetation, kankoyo now looks like a formidable candidate for declaration as a place of desolation.<br />
The situation is of concern to not only the residents, but also local politicians and the central government.<br />
“We can’t even grow vegetables here because they only last a while and dry, all because of sulphur dioxide. This looks more like a desert and yet there used to be green grass here,” says Mpelembe ward councillor Chilufya Chomba.<br />
“We are worried about our children. We don’t know what the effects will be in 20 years,” Mr Chomba said.<br />
He says besides the health hazard, residents are concerned about the corrosion of their iron sheets by the sulphur dioxide emissions.<br />
Mr Chomba feels MCM should ‘give back to the community’ by way of replacing the roofing sheets because most of the residents of the former mine township are unemployed and cannot afford the cost of replacement.<br />
He says measures must be urgently put in place to reduce the emissions.<br />
“When I was working for the mine in 2006, they promised to solve this problem by 2009 but this has not happened.<br />
If there are resources, relocation would be appreciable because we can not appreciate our people living in this environment,” Mr Chomba said.<br />
Kankoyo member of parliament (MP) is equally concerned and has warned that he will ‘take the bull by its horns’ if MCM does not address the pollution problem.<br />
“A reminderto MCM that it will not be business as usual. I want to work with them differently because I am here to serve the people. They should stop polluting Kankoyo,” Mr Chabala said.<br />
“I promised in the election campaign to bring this (pollution) to an end and it should,” he said.<br />
The MP says there are a lot of respiratory diseases like tuberculosis (TB) in the area and ‘we don’t know whether it is ordinary TB or it is caused by pollution.’<br />
Mr Chabala says that if MCM fails to reduce emissions by 2013, it should relocate Kankoyo residents.<br />
“I am willing to mobilise people to sue MCM if they don’t reduce emissions by 2013,” Mr Chabala said.<br />
Last month, Local Government minister minister Professor Nkandu Luo said MCM should compensate the households in Mufulira&#8217;s Kankoyo area because the acid emissions from the mine were causing a lot of suffering.</p>
<p>Speaking during the launch of the 2010 State of Human Rights report in Zambia dubbed &#8216;Human Rights and the Environment&#8217; in Lusaka yesterday, Prof Luo said she was frightened with what was happening to the people of Kankoyo.</p>
<p>&#8220;There is need for the ZEMA Zambia Environment Management Agency to look at many activities to do with the environment with a bright eye. In the past, where we were not strict, today those communities are facing serious environmental problems. Emissions from Mopani are causing a lot problems to the community in Kankoyo,&#8221; she said.</p>
<p>&#8220;I am frightened with what is happening to the people of Kankoyo. We need to protect these people and Mopani should compensate these families because of the sufferings they are going through.&#8221;</p>
<p>MCM has acknowledged the historical pollution problems it inherited after privatisation and is keen to solve them through investment in gas capturing equipment. . Before privatisation, sulphur dioxide had been released into the atmosphere unchecked since the 1930s when the Mufulira mine was first constructed.<br />
At present, over half of all sulphur dioxide emissions are captured and turned into sulphuric acid at the first acid plant, which was opened in 2006.<br />
It is anticipated that on completion of the final phase of the project, around 97 percent of all sulphur dioxide emissions at Mufulira mine will be captured, a development the mine management describes as a world-class environmental performance.<br />
MCM Chief Executive Officer Danny Callow is proud of the development: “We look forward to the day soon when sulphur dioxide emissions will be a thing of the past at Mufulira. I am pleased that we are now able to tell our neighbours that this day will be sooner than they expected.”<br />
Mr Callow added; “We inherited the decades-old problem of sulphur dioxide emissions and have invested heavily to tackle it. Mufulira is one of only few smelters in the whole country, and as well as our own ore, it processes ore from other mines on a tolling basis.<br />
We see our investment to clean up Mufulira as making much of Zambia’s copper industry more environmentally sustainable.”<br />
MCM expects to complete its work to capture sulphur dioxide emissions at its Mufulira smelter by the end of next year, 18 months ahead of the Zambian government’s target of 2015 and the target in the environmental management planthe company established shortly after privatisation.<br />
But until this feat is achieved, life will remain miserable for the 20,000 residents of this environmentally degraded and impoverished township whose history is tied to the building of the mine in 1932.</p>
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		<title>Nigerian workers warn FG against further deregulation</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/04/25/nigerian-workers-warn-fg-against-further-deregulation/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/04/25/nigerian-workers-warn-fg-against-further-deregulation/#comments</comments>
		<pubDate>Wed, 25 Apr 2012 18:31:46 +0000</pubDate>
		<dc:creator>Bimbola Oyesola</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9355</guid>
		<description><![CDATA[Bimbola Oyesola The Nigeria Labour Congress (NLC), yesterday warned the Federal Government that organized labour would not hesitate to call out its members and other Nigerians to resist vehemently further deregulation of the downstream sector. The President of the NLC, Comrade Abdul Wahed Omar, who was speaking at the Quadrennial National Delegate Conference of the [...]]]></description>
			<content:encoded><![CDATA[<p style="padding-left: 30px">Bimbola Oyesola<br />
The Nigeria Labour Congress (NLC), yesterday warned the Federal Government that organized labour would not hesitate to call out its members and other Nigerians to resist vehemently further deregulation of the downstream sector.</p>
<p><span id="more-9355"></span><br />
The President of the NLC, Comrade Abdul Wahed Omar, who was speaking at the Quadrennial National Delegate Conference of the National Union of Food, Beverages and Tobacco Employees (NUFBTE) in Abeokuta, capital of Ogun State said that labour would be up in arms if the federal government should go ahead to increase the pump price of petroleum again under the pretense of deregulation as being conveyed in some advertisings going on now.<br />
“Labour will call out Nigerians, should there be any form of deregulation now because that would be contradicting the understanding we have with the government. Besides there are clear indications that Nigerians are ready to take up government on deregulation based on the current revelation from the subsidy probe”, he said.<br />
On whether Nigerians could still trust labour to provide the required leadership based on how the January fuel protest was handled by labour, the Congress president said that Nigerians and workers in particular still trust labour in the issue of fighting for the masses.<br />
”We don’t have problem on that, when the government goes ahead with the deregulation and mobilise for mass action to protest against it then we will see whether Nigerians will come out or not, until then, but right now all labour is saying is that there is no basis for further deregulation”, he stated.<br />
The NLC President noted that the reports of the probe committee on the subsidy has further substantiated labour’s position that government was actually not subsiding any pump price as those in governance want the people to believe but decided to deregulate in order to get more money to spend.<br />
He lamented that the increase in the pump price of petroleum in January has further worsen the conditions of workers and other low income group earners in the country.<br />
In his words: “The much publicized minimum wage has been rendered insufficient for Nigerian workers with the increase in the pump price as announced by the Federal Government in January. The cost of living precipitated by the increase in the fuel price, has actually eaten deep into the workers wages”.<br />
Comrade Omar however said that Labour would give the National Assembly necessary support to ensure that the probe report was not swept under the carpets and ensure that all those found culpable are brought to book.<br />
He maintained that both the NLC and the general masses are behind the National Assembly in their recent step to nip corruption in the downstream sector of the economy in the bud, stressing that the protest in January has actually achieved a lot by initiating the action for the probe.<br />
“It is evident that there is wide corruption in the downstream sector of the economy, how can one explain over two trillion being expended for something that you budgeted 2.6 billion for, why did it jump to that level, Nigerians deserve answer to all that and we are ready to see to the successful implementation of the probe”, he insisted.<br />
Omar also challenged the Nigeria political class to learn from some labour leaders like the NUFBTE incumbent President, Comrade Lateef Oyelekan who was able to implement lots of capital projects without borrowing from any financial institutions.</p>
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		<title>Niger Delta: FG charged to review amnesty programme</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/04/23/niger-delta-fg-charged-to-review-amnesty-programme/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/04/23/niger-delta-fg-charged-to-review-amnesty-programme/#comments</comments>
		<pubDate>Mon, 23 Apr 2012 06:22:07 +0000</pubDate>
		<dc:creator>Bimbola Oyesola</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>
		<category><![CDATA[Sneak In]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9282</guid>
		<description><![CDATA[&#160; By Bimbola Oyesola The Nigeria government might have taken the right step when it instituted the amnesty programme about three years ago, but with the militants returning to their business of blowing off oil installations, opinion leaders believe that the Nigeria President, Goodluck Jonathan may need to do more. Hence President Jonathan has been [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;</p>
<div id="attachment_9283" class="wp-caption alignleft" style="width: 240px"><a href="http://inwent-iij-lab.org/Weblog/2012/04/23/niger-delta-fg-charged-to-review-amnesty-programme/oil-plant/" rel="attachment wp-att-9283"><img class="size-full wp-image-9283" src="http://inwent-iij-lab.org/Weblog/wp-content/uploads/2012/04/oil-plant.jpg" alt="" width="230" height="172" /></a><p class="wp-caption-text">Oil installation in the Niger Delta, Nigeria</p></div>
<p>By Bimbola Oyesola<br />
The Nigeria government might have taken the right step when it instituted the amnesty programme about three years ago, but with the militants returning to their business of blowing off oil installations, opinion leaders believe that the Nigeria President, Goodluck Jonathan may need to do more.<span id="more-9282"></span></p>
<p>Hence President Jonathan has been charged to review the amnesty programme in order to forestall the resurgence of militia activities in the Niger Delta.</p>
<p>Addressing a press conference on amnesty and the renewed violence in the region, a youth leader, Timi Frank, a youth leader in the Niger Delta noted that there was need for both the National Assembly and the Presidency to probe the activities of the amnesty office in the region as it has failed to live up to expectation.</p>
<p>“If the amnesty is working, why are the youths going back to blow up refineries? We need peace in the region and this is why we are calling on the president to intervene,” he said.</p>
<p>He stated that the amnesty which was initiated to make the ex-militia gainfully engaged in dignified jobs after training has also failed to fulfill the purpose.</p>
<p>According to him, most of the ex-militia who had gone for trainings are yet to get jobs after several months that they have returned to the country.</p>
<p>“We are challenging them to come out with the data base of how many people they have trained and how many are now gainfully employed. If there is no employment, then it is a total failure,” he said.</p>
<p>The youth leader who stressed that his interest was for peace to reign in the region, lamented that some of the agreements entered with the militia at the inception of the amnesty are not being implemented.</p>
<p>“This is a dangerous signal, we in the Niger Delta do not want the experience of the past to recur. That is why we are calling on the president to investigate the amnesty office, why are the oil installations still being blown up despite billions of naira being given to the programme?” he queried.</p>
<p>Frank, who was one of the leaders that initiated the amnesty programme, however appealed to the militants to take the way of peace instead of destruction while maintaining that only empowerment of the youths and sincerity of the leaderships could ensure sustenance of the amnesty programme in the Niger Delta.</p>
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		<title>&#8220;Insurance Is All About Trust &#8220;- Says CBG First Deputy Governor</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/04/19/insurance-is-all-about-trust-says-cbg-first-deputy-governor/</link>
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		<pubDate>Thu, 19 Apr 2012 16:45:28 +0000</pubDate>
		<dc:creator>Mamadou Edrisa Njie</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>
		<category><![CDATA[Ghana and Nigeria.]]></category>
		<category><![CDATA[Liberia]]></category>
		<category><![CDATA[Sierra Leone]]></category>
		<category><![CDATA[The Gambia]]></category>
		<category><![CDATA[West African Insurance Companies Association]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9262</guid>
		<description><![CDATA[The West African Insurance Companies Association (WAICA) a regional association of insurance companies and institutions in English West Africa, is holding its 34th Annual General meeting. The meeting dubbed &#8220;Professional and Ethical Behaviour in the Insurance Industry&#8221; and is taking place from 15th to 17 th April, 2012 at the Kariaba Beach Hotel and the [...]]]></description>
			<content:encoded><![CDATA[<p>The West African Insurance Companies Association (WAICA) a regional association of insurance companies and institutions in English West Africa, is holding its 34th Annual General meeting.<br />
The meeting dubbed &#8220;Professional and Ethical Behaviour in the Insurance Industry&#8221; and is taking place from 15th to 17 th April, 2012 at the Kariaba Beach Hotel and the meetings is been hosted by the Insurance Association of the Gambia (IAG).<br />
WAICA was founded in 1973 by five English speaking countries of West Africa – The Gambia, Sierra Leone, Liberia, Ghana and Nigeria. The meeting brought together about 200 insurance practitioners.<span id="more-9262"></span><br />
Reading a prepared statement on behalf of the Minister of Finance and Economic Affairs, Mr. Basirou Njie deputy first governor Central Bank of the Gambia (CBG) said that the theme of the conference &#8220;Professional and Ethical Behaviour in the Insurance Industry&#8221; is indeed apt adding that insurance is all about trust.<br />
According to him, the customer places his or her trust in a company and expects that it will deliver upon its promises at the agreed time or event.<br />
He added that buyers of insurance policies also need the reassurance that their interests are safe guarded at inception as well as during the lifetime of the policy noting that they would be treated fairly and their benefits and claims paid promptly.<br />
&#8220;Oversight is primarily the responsibility of the owners and directors,&#8221; and as a result, he  said it is their cardinal responsibility to establish code of ethics, including laying down rules on behaviour and attitude to be observed by the staff and management when conducting their duties effective, the messager must be the message.<br />
&#8220;It cannot be the case of preaching &#8216;do as I say&#8217;, but rather, &#8216;do as I do&#8230;&#8221;<br />
The only way to guarantee a better future for the insurance industry, he said is to create it saying that government cannot and will not guarantee the success of the industry, but was quick to say that government does have primary role in promoting the growth of the industry and ensuring that individuals companies play by the rules.<br />
He re-echoed that the government of The Gambia is unreservedly committed to the development of the Gambian insurance industry.<br />
As recently, CBG first governor stated that as 2007, the Central Bank of The Gambia raised the regulatory capital of insurance companies noting that the increase of the minimum capital requirement helped strenthen the risk bearing capacity of the insurance companies. In addition, to enhancing their ability to underwrite big ticket risks.<br />
These, he explained is to protect policy holders and ensure that business is cnducted safely and soundly, the industry wolud continue to be regulated, but in a manner that does not stifle innovation.<br />
According to Mr. Njie, the insurance industry plays a pivotal role in economic growth and development.<br />
For this fundamental reason, he pointed out that the health of  country&#8217;s insurance industry is closely linked to the health of its economic.<br />
In addition, to providing risks transfer services, the industry facilitates trade and commerce, mobilises saving for investment and ensures efficient allocation of capital. According to recent data, he said the growth of the industry in Africa remains minuscule despite that insurance has been practised on the continent for more than 100 years.<br />
Africa, Njie added has an insurance penetration of roughly 1.0 percent and less than 10 percent of the insurable population is actually insured.<br />
He continued that South Africa alone accounted for 70 percent of the African Insurance market adding that the financial services industry within the continent, particularly the banking sector.<br />
For example, in The Gambia the assets of the insurance industry accounts for less than 0.8 percent of the total financial sector assets.<br />
Therefore, the potential for growth of the industry is huge, he stated.<br />
To realise the potential, the industry must offer the right products to the right segments of the market, leverage on technology to increase outreach, explore market consolidation in order to reap the benefits of economics of scale and equally important, formulate and rigorously implement code of good practices.<br />
In his welcome address, Mr. Dawda Sarge vice President of WAICA, Managing Director/ Chief Executive Officer (CEO) Prime Insurance Company.-The Gambia,  reiterated that the theme for the two-day meeting is indeed ‘interesting and appropriate’ considering the scale and scope of professional chicanery and ethical misconduct in their financial systems in recent times.<br />
“We do recognised that the consequences of bad business practices could very well jeopardize our collective efforts to sustain economic growth, employment creation and poverty alleviation.”<br />
Therefore, as a professional body, he pointed out that WAICA fully appreciates and understands the true value of investing in awareness creation in best practice approaches and good governance in the industry.<br />
He then salute the WAICA Executive Committee and Secretary General for choosing the topic and giving them an opportunity to discuss and share perspectives on a very important and timely subject.<br />
Mr. William B. Coker secretary general and chief executive officer WAICA delivered the vote of thanks.</p>
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		<title>AS SUBCRIBERS ROBBED… COURT SLAM COMIUM LE 30 MILLION</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/04/18/as-subcribers-robbed%e2%80%a6-courtslam-comium-le-30-million/</link>
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		<pubDate>Wed, 18 Apr 2012 09:44:14 +0000</pubDate>
		<dc:creator>Ibrahim Joenal Sesay, Sierra Leone</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9244</guid>
		<description><![CDATA[One of Sierra Leone’s mobile companies Comium was slammed Le30 million by the High Court of Sierra Leone. The matter which was under the late Justice Samuel A. Ademusu in the  Civil Division of the High Court of Sierra Leone on Monday 16th April, got a judgment after the death of Justice Ademusu. The case [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_9245" class="wp-caption aligncenter" style="width: 235px"><a href="http://inwent-iij-lab.org/Weblog/2012/04/18/as-subcribers-robbed%e2%80%a6-courtslam-comium-le-30-million/dsc09333/" rel="attachment wp-att-9245"><img class="size-medium wp-image-9245" src="http://inwent-iij-lab.org/Weblog/wp-content/uploads/2012/04/DSC09333-225x300.jpg" alt="" width="225" height="300" /></a><p class="wp-caption-text">Comium Commercial Director Joe Amara Bangali Jr.</p></div>
<p><strong><em>One of Sierra Leone’s mobile companies Comium was slammed Le30 million by the High Court of Sierra Leone.<span id="more-9244"></span></em></strong></p>
<p>The matter which was under the late Justice Samuel A. Ademusu in the  Civil Division of the High Court of Sierra Leone on Monday 16th April, got a judgment after the death of Justice Ademusu.</p>
<p>The case  involved  Jemima I. M. M’Cormack as  Plaintiff and Comium (SL) Limited  30<sup>d</sup> Wilkinson Road, Yata Building in Freetown, as the  Defendant.</p>
<p>The judgment which was delivered on April 10<sup>th</sup>, 2012 before the court by the Honourable Judge Justice Katutsi. The late Justice Ademusu explained the background to the case and  went to state that the Plaintiff Jemima I. M. M’Cormack was employed by the Defendant as a Desk Receptionist on the 12<sup>th</sup>, May 2006 and confirmed as a permanent staff on 25<sup>th</sup> July, 2006.</p>
<p>The judgment went further  to explain that while on official duty, the  Plaintiff fell ill in Bo on 7<sup>th</sup> November 2006 and was brought  down to Freetown by the Defendant  and had her admitted at the Cupid Nursing Home  on the 9<sup>th</sup> December, 2006 until she was  removed from the hospital by her mother due to poor condition. The Plaintiff according to the judgment did not contact the Defendant, Comium until after 18 months when the Defendant received a letter from a lawyer.</p>
<p>Having considered the totality of the evidence before the court, the late Judge referred to some of the claims made by the Plaintiff as ridiculous, frivolous and without merit.   In that respect, the court dismissed all the above claims for want of evidence with regards the Plaintiffs claim for NASSIT contributions for seven months that she has worked. The late Judge in his judgment agreed that the contribution should be paid by the Defendant according to the evidence and held that contributions made by the Plaintiff are not  claimable and therefore dismissed.</p>
<p>Again the judgment took an examination  of the Plaintiff’s letter of confirmation of her employment dated 25<sup>th</sup> July 2006 and  held that the Plaintiff was not served with a notice of termination of her services.</p>
<p>In view of this, the late Judge states that the Defendant (Comium SL Limited) is liable for unlawful termination of the Plaintiff’s employment and further held that the Defendant is liable to pay the salaries of the Plaintiff from 1<sup>st</sup> January 2007- 1<sup>st</sup> November 2008.</p>
<p>Concluding, the Judgment among other things held that the Plaintiff is entitled to an award on  humanitarian grounds which was assessed at Le30 million and ordered that the said sum be paid to the Plaintiff for  medical treatment.</p>
<p>And the judgment of the late Justice Ademusu ordered that the salary due to the Plaintiff from 1<sup>st</sup> January, 2007 to 30<sup>th</sup> November, 2008 be paid. Lawyer Ibrahim Kanu representing the Plaintiff while Renner Thomas and Co for the Defendant.</p>
<p>The judgment came at a time subscribers were crying that the company is robbing them. According to some of the subscribers what the company is advertising is contrary to what is happening more especially on the tariff plan.</p>
<p>Comium to Comium was advertised 9 units per minute but the company is deducting 10 units per minute. Off Net peak Comium to other networks 15 units per minute but they are deducting 17 units per minute. Off peak Comium to other network s15 units per minute but they are deducting 19 units per minute. This according to them is a criminal offence which should be taken care of.</p>
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		<title>IFAD: The State Of Rural Poverty Today</title>
		<link>http://inwent-iij-lab.org/Weblog/2012/04/15/ifad-the-state-of-rural-poverty/</link>
		<comments>http://inwent-iij-lab.org/Weblog/2012/04/15/ifad-the-state-of-rural-poverty/#comments</comments>
		<pubDate>Sun, 15 Apr 2012 11:22:32 +0000</pubDate>
		<dc:creator>Mamadou Edrisa Njie</dc:creator>
				<category><![CDATA[Economic Reporting]]></category>
		<category><![CDATA[IFAD]]></category>
		<category><![CDATA[Rural Poverty Report 2012]]></category>

		<guid isPermaLink="false">http://inwent-iij-lab.org/Weblog/?p=9230</guid>
		<description><![CDATA[The population of the developing world is still more rural than urban: some 3.1 billion people or 55 percent of the total population, live in rural areas, according to International Development Fund for Agricultural Development (IFAD), 2011 report on rural poverty. However, between 2020 and 2025, the total rural population will peak and then start [...]]]></description>
			<content:encoded><![CDATA[<p>The population of the developing world is still more rural than urban: some 3.1 billion people or 55 percent of the total population, live in rural areas, according to International Development Fund for Agricultural Development (IFAD), 2011 report on rural poverty.<br />
However, between 2020 and 2025, the total rural population will peak and then start to decline, and the developing world’s urban population will overtake its rural population, the report added.<br />
The report cited Latin America  and the Caribbean, and the East and South East Asia where the number of rural people is already in decline.<span id="more-9230"></span><br />
Elsewhere, the growth of rural populations is slowing, while numbers will start to decline around 2025 in the Middle East and North Africa and in South and Central Asia, and around 2045 in sub-Saharan Africa.<br />
Despite massive progress in reducing poverty in some parts of the world over, the past couple of decades-notably in East Asia-there are still 1.4 billion people living on less than US $1.25 a day, and close to one billion people suffering from hunger are children and young people.<br />
The IFAD 2011 rural poverty report revealed that neither of these facts is likely to change in the immediate future, despite widespread urbanisation and demographic changes in all regions.<br />
South Asia, with the greatest number of poor rural people, and sub-Saharan Africa, with the highest incidence of rural poverty, are the regions worst affected by poverty and hunger.<br />
Levels of poverty vary considerably however, not just across regions and countries, but also within countries.<br />
The livelihoods of poor rural households are across regions and countries, and within countries. Livelihoods are derived, to varing degrees, from smallholder farming-including livestock production and artisanal fisheries-agricultural wage labour, wage or self-employment in the rural non-farm economy and migration.<br />
While some households rely primarily on one type of activities, most a vital role in most seek to diversify their livelihood base as a way to reduce risk.<br />
Agriculture, the report stated also, plays a vital role in most countries-over 80 percent of rural households farm to some extend, and typically it is the poorest households that rely most on farming and agricultural labour.<br />
However, non-farm income sources are generally important across regions, and income gains at the household level are generally associated with a shift towards more non-agricultural wages and self-employment income.<br />
Rural poverty result from lack of assets, limited economic opportunities and poor education and capacities, as well as disadvantages rooted in social and political inequalities.<br />
Yet, large numbers of households move in and out of poverty repeatedly, sometimes within a matter of years, the report highlighted.<br />
So, while there are rural households  that find themselves in chronic, or persistent poverty, relatively large proportions of people are poor only at specific points in time.<br />
Households fall into poverty primarily as a result of shocks such as ill health, poor harvest, social expenses, or conflict and diseases.<br />
Mobility out of poverty is associated with personal initiative and enterprise.<br />
It is highly correlated with household characteristics such as education and ownership of physical assets, and it is also dependent on good health.</p>
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