ICE Africa Digital: Day 2 round-up

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Africa “Even in Burundi, there is a young population with a huge willingness to play, but we really needed to fine tune some things such as the price and especially the communication model which seemed like it would have been tailor made for Burundi, but there was always more fine-tuning.” 29th October 2020 | By Daniel O’Boyle It was pointed out that it is often better to have an official platform where, for example, players can make a complaint if something goes wrong. They added that for sustainable growth, affiliates need to think of their long-term strategy: African jurisdictions should not be considered an opportunity to make quick money, but to build a sustainable business, the panelists said. In the discussion, panelists explained that the quality and value of traffic depends heavily on the jurisdiction, it is not right to compare European and African countries as the markets are at such different stages. The speakers contemplated the size of the opportunity for affiliates in Africa and where the key opportunities lie. Individual consideration of jurisdictions was considered essential to success, and understanding the variance of market development between more developed markets in Kenya and Nigeria, and those further behind in Uganda and Ghana. ICE Africa Digital: Day 2 round-up The panelists added that a strong regulatory framework was a necessary ingredient for a strong lottery. This, Muller said, was lacking in some countries. In Kenya and Nigeria, affiliate marketing is nothing new, but in other markets there is very little knowledge about the model. Johnstone was joined by Rosk Kishenkov, online operator Melbet’s head of Africa, and Barney Barrow, group chief executive of Cheza Group. Panelists discussed the future of lotteries, hyper-competitive markets and opportunities for affiliates on the second day of ICE Africa Digital 2020. “During the lockdown there was a lot of growth online with all products, but I think the issue with casino from the beginning, why it has not done quite as well here, is that casino has a lot of graphics,” he said. “Unless you strip it down, so it can be played on mobile phones, and when we say that we mean low-end mobile phones, most people aren’t going to play it.” Adekunle Adeniji, managing director of BetBonanza and Alessandro Pizzolotto, chief executive of STM Gaming, discussed how operators can establish their brands and differentiate their products in “hyper-competitive” markets such as Nigeria. This meant that affiliates should look beyond simply offering bonuses to players, and look at creative solutions such as discounts for retailers. Subscribe to the iGaming newsletter “Sometimes regulators are worried about getting too close to operators, but there are really good examples all around the world where that can be done,” she said. Wojtek Szpil, lottery and betting consultant for the national lottery of Burundi, added that no matter how well-suited a product seems to be for a country, there is usually still more fine-tuning to be done. In a panel titled “Value or volume: how affiliates can succeed in African markets”, Martin Calvert, marketing director at ICS Digital, was joined by Pizzolotto, Income Access ivce presiden tof strategy Sarafina Wolde Gabriel and Betadvisor chief executive Charles Herisson. Pizzolotto, meanwhile, gave his overview of major African markets including Nigeria, which he said needs to see more innovation from new entrants. “National lotteries in Europe are different across Europe too and you can find those differences in Africa,” he said. “The sales and marketing needs to be tailor made for the people who are interested in that product. A key driver in these markets will be internet penetration, the panel agreed. Currently, they said, a lot of traffic comes from WhatsApp and Telegram groups, however this is vulnerable to scams and therefore has not built broad trust among players. The speakers were confident that in the long term, investment into African markets will pay off. With a young demographic of over a billion potential players, the key is to play a part in the development of the mobile and online industries as technology penetration grows throughout the region. Michelle Carinci, managing director of Lottotech, added that close contact between regulators and operators would go a long way to ensuring the regulatory environment is healthy. “Especially in Nigeria, which is our biggest market, the young operators are not willing to take risks,” he said. “They want to copy Bet9ja but become better, but if you’re just copying the bigger players, you will never be better. If somebody invests a million and you invest 100,000, how are you going to beat them at their own game?” “There have been people who’ve tried to translate South African games for Nigeria and it just didn’t work, people just didn’t accept it,” Dawid Muller, co-owner of  lottery and gaming management and support services company Division One. Affiliates should also consider which payment models are available – many African operators are unwilling to offer CPAs, but may work with revenue shares and, eventually, when trust has been built, may move to a hybrid model.center_img The panelists were quick to point out that it was important for a lottery product to be tailored to the specific market it is for, rather than attempting to roll out a product across Africa. Topics: Casino & games Esports Lottery Marketing & affiliates Sports betting Strategy Online casino Sports Affiliates Marketing Online sports betting Sportsbook Management “Look at Nigeria, it’s not been an active market for more than 10 years right now,” he said. “It’s very early. So a provider should put their ears down, listen to the people and find out what they really want.  “I don’t think we’ll see many new things in terms of elements of the lottery, but there are some key things the government will pursue,” he said. “But the last RFP didn’t discourage many people from proposing and I don’t think this one will. This, the panel said, was important as land-based retailers remain a key driver of gaming sales. That in turn means affiliates have the opportunity to tap into this land-based market. The session began with a discussion of the effects of the novel coronavirus (Covid-19) pandemic, which Adeniji said affected African gaming markets in a different way to many European markets. “The first RFP came out in 1999 and was very much based on the UK model. The second was very much along those lines and then the third one started adding more government incentives because by then the South African government could build on a proper foundation.”  The panellists were also in agreement that education would be key. While affiliate marketing would see huge growth in Africa the market had to be educated on how it works practically, and helps operators earn money. Understanding of the markets should be as granular as possible and player values, marketing methods and customer behaviour in each individual jurisdiction should all be taken into account, the speakers continued. “The last six to eight months have been crazy as we all know, and retail here, like many other places, was shut down and everyone went online,” Adeniji said. “In Nigeria people were playing Fifa, people love football and they were playing out the same games from the league on Fifa.” A key consideration for the growth of the market will be the conversion of this retail gaming activity to online, how to do this is still being figured out. The discussion comes as South Africa looks set to launch its fourth National Lottery request for proposals. Muller said he didn’t anticipate the terms to be particularly restrictive or different from the previous iteration. The panel noted that trust in operators and affiliates by players is relatively low as the market converts to online and mobile. As a result, trust in the market, in both directions, is a key element to be developed.. The focus then shifted to lotteries, with a panel moderated by Philippe Vlaemminck of Pharumlegal. Panelists discussed the future of lotteries on the continent, one of the most traditionally successful verticals. Email Address “In South Africa we’re quite spoiled,” he said. “We have an unbelievable legal framework and an unbelievable  regulatory framework.  The panel considered questions of player value in Africa and how to build a sustainable affiliate business in key jurisdictions. Adeniji said that, if an operator or supplier want to learn how to be successful in African markets, rather than looking at what has worked before, it should listen to potential customers. Affiliates should consider different languages for the markets they are aiming to work in, with key languages being French, English and, to a lesser extent, Portuguese. Affiliates need to build a volume of players first and the value will follow, the panelists concluded. “But what I’ve found in the rest of Africa is that they do not have a strong legal or regulatory framework and the environment is filled with, with all due respect, bad guys.” ICE Africa Digital continues today (29 October), with discussions focused on new markets on the continent, handling regulation across jurisdictions and partnerships with local businesses. Register here for the opportunity to hear from some of the leading regulators, operators and suppliers on the continent, and to listen to yesterday’s sessions on-demand. For the first time, ICE Africa included content from iGB Affiliate in the main content stream. This saw AffiliateInsider chief executive Lee-Ann Johnstone moderate a discussion on the opportunities available to affiliates on the continent. Strategy On the other hand, he said the growth in online casino play was not nearly as rapid as it had been in some other regions, which he said was due to the fact that few operators offered online casino products that functioned well on the mobile phones that are more common in Africa. He said the largest increases in play during lockdown came in esports games that resembled traditional sports, such as FIFA,  which tapped into the popularity of football and lack of traditional sports action.last_img read more

Lux Island Resorts Limited (NRL.mu) 2008 Annual Report

first_imgLux Island Resorts Limited (NRL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2008 annual report.For more information about Lux Island Resorts Limited (NRL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lux Island Resorts Limited (NRL.mu) company page on AfricanFinancials.Document: Lux Island Resorts Limited (NRL.mu)  2008 annual report.Company ProfileLux Island Resorts Limited, formerly known as Naïade Resorts Limited, is a collection of premium hotels in the Indian Ocean with running operations in Mauritius, the Réunion Island, the Maldives, China, Vietnam, Turkey, and the United Arab Emirates. The company however, operates as a subsidiary of IBL Ltd as of May 18, 2018. Lux Island Resorts Limited is listed on the Stock Exchange of Mauritius.last_img read more

starafricacorporation Limited (SACL.zw) HY2013 Interim Report

first_imgstarafricacorporation Limited (SACL.zw) listed on the Zimbabwe Stock Exchange under the Food sector has released it’s 2013 interim results for the half year.For more information about starafricacorporation Limited (SACL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the starafricacorporation Limited (SACL.zw) company page on AfricanFinancials.Document: starafricacorporation Limited (SACL.zw)  2013 interim results for the half year.Company Profilestarafricacorporation Limited is an established sugar refinery in Zimbabwe; manufacturing and marketing sugar-based products under two well-known brand names, Goldstar Sugar and Country Choice Foods. Its product range comprises icing sugar, golden syrup, honey syrup and maple syrup. There are only two sugar mills in Zimbabwe and both are owned by Starafrica Corporation; producing products for local consumption and for export to countries in sub-Sahara Africa. Its subsidiary companies are Starafrica Operations (Private) Limited and Silver Star Properties (Private) Limited which is a property division involved in managing commercial, manufacturing and residential premises in Zimbabwe. starafricacorporation Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Is the British American Tobacco (BATS) share price still too cheap?

first_img See all posts by Zaven Boyrazian Opportunities such as this: Zaven Boyrazian does not own shares in British American Tobacco. The Motley Fool UK 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. Looking for new share ideas?Grab this FREE report now.Inside, you discover one FTSE company with a runaway snowball of profits.From 2015-2019…Revenues increased 38.6%.Its net income went up 19.7 times!Since 2012, revenues from regular users have almost DOUBLEDThe opportunity here really is astounding.In fact, one of its own board members recently snapped up 25,000 shares using their own money… So why sit on the side lines a minute longer?You could have the full details on this company right now. 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. One FTSE “Snowball Stock” With Runaway Revenues Zaven Boyrazian | Tuesday, 1st June, 2021 | More on: BATS Is the BATS share price too low?I’ve actually previously explored the possibility of the BATS share price being too cheap. As a quick reminder, looking at the business’s overall performance, 2020 revenue came in flat. But due to margin improvements, operational profits rose by 10%, more than sufficient to cover debt obligations as well as maintain its substantial dividend yield.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…Since then, there has not been much new information published by British American Tobacco’s management team beyond dividend announcements. So why am I looking at this company again? A study into tobacco consumption was recently published that revealed some interesting news for this business and its shareholders.Despite the efforts made by governments to discourage smoking over the last decade, the level of consumption has never been higher. The study showed that at the end of 2019, roughly 1.14bn people around the world were active smokers. What’s more, this figure could continue rising by around 10% a year due to rapid population growth.Before investing in any business, I look specifically for certain competitive advantages that will allow it to thrive over the long term. And in the case of British American Tobacco, it has an incredibly addictive product that continues to attract new customers every year. This makes me believe the current BATS share price is still a bargain with its 8% dividend yield.The regulators are comingBoth the 2018 and 2020 drop in the BATS share price appear to be primarily linked to fears of increased regulation. And I think investors are right to be concerned. It’s no secret that smoking is an unhealthy habit. And the previously mentioned study revealed that in 2019 alone, smoking killed more than 8 million people. To put that in perspective, Covid-19 has resulted in 3.5 million deaths so far.To make matters worse, the vast majority of smokers becoming addicted today are between the age of 15 and 25. Consequently, regulators have begun exploring new restrictions to limit the amount of nicotine in cigarettes. Given this substance is what makes these products so addictive, any limitations would likely have an adverse impact on future revenues.The management team has begun exploring alternative products that don’t carry the same level of health risks. If, or more likely when, these new regulations come into force, British American Tobacco should be able to adapt. But currently, 88% of the firm’s income originates from the sale of cigarettes. Suppose these new laws come into force in the next year or so? This may not be enough time for the business to transition. Therefore in that scenario, I think the BATS share price is likely to drop once again.In its current state, British American Tobacco looks like an undervalued income gem. But add in the looming regulatory threat, the valuation may not be as attractive as it seems. For now, I’m going to be cautious and look for income opportunities elsewhere.center_img Simply click below to discover how you can take advantage of this. The British American Tobacco (LSE:BATS) share price has tumbled over the last 12 months. Having traded at around 3,220p a year ago, the stock is now priced at around 2,710p. That’s a decline of about 16%. While this is nowhere near as large as its crash seen in 2018, it’s still notable. But is this a case of investors being overly cautious? And if so, is the BATS share price trading at a discount? Grab your free report – while it’s online. 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. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Is the British American Tobacco (BATS) share price still too cheap?last_img read more

Bike to School Day this week

first_img The Anatomy of Fear Support conservation and fish with NEW Florida specialty license plate Please enter your comment! Share on Facebook Tweet on Twitter LEAVE A REPLY Cancel reply You have entered an incorrect email address! Please enter your email address here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 TAGSBike to School DayCity of ApopkaPhillis Wheatley Elementary Previous articleState Rep. Jennifer Sullivan Schedules Apopka Office HoursNext articleOrange County Animal Services needs your help Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here Apopka joins with Phillis Wheatley Elementary for a heartfelt tributeFrom the City of ApopkaThe City of Apopka and Phillis Wheatley Elementary will host a special 2017 Bike to School Day event on Wednesday, May 10, with a touching tribute to former student Camari Dennison, who died riding his bike five months ago. The event recognizing National Bike to School Day promotes bicycle safety and healthy benefits of riding bikes to school each day. Activities include a bike ride around the school, bike helmet fittings by the Apopka Police Department, treats and goodie bags.Afterward, students from first and second grades will join Apopka Mayor Joe Kilsheimer to honor Camari Dennison with a special tree planting and plaque presentation. Camari’s kindergarten classmates will present a poem, and Camari’s mother will give brief remarks. Special thanks to Bike to School event support from Amscot Financial and BAM-B Enterprises, which operates McDonald’s restaurants on Main Street and Rock Springs Road in Apopka. Save my name, email, and website in this browser for the next time I comment.last_img read more

House on an Island / Atelier Oslo

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/910946/house-on-an-island-atelier-oslo Clipboard Projects Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/910946/house-on-an-island-atelier-oslo Clipboard Area:  70 m² Year Completion year of this architecture project Manufacturers: Decospan, Kebony, Moelven, Vola, PorsgrundConsultants:Bohlinger + Grohman Ingenieure, NorconsultContractor:Admar ASCountry:NorwayMore SpecsLess SpecsSave this picture!© Nils Vik/D2Recommended ProductsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsWoodHESS TIMBERTimber – GLT HybridWoodTechnowoodPergola SystemsWoodBlumer LehmannFree Form Structures for Wood ProjectsText description provided by the architects. The small house is situated on an island on the south coast of Norway. The site is characterized by smooth and curved rocks that goes down towards the ocean. The house is built for two artists that wanted a house for contemplation and working.  Save this picture!© Charlotte Thiis-EvensenYou enter the project from the backside walking along a small hill. The entrance is a stair that goes through the building taking you to the entrance on the front side. The entrance sequence marks a transition and prepare you for the life on the Island.Save this picture!© Nils Vik/D2Save this picture!SectionSave this picture!© Nils Vik/D2The topography of the site was carefully measured to integrate the rocks into the project. Concrete floors in different levels connect to the main levels of the topography and create a variety of different outdoor spaces. The concrete floors and stairs dissolve the division of inside and outside. The interior becomes part of the landscape and walking in and around the cabin gives a unique experience, where the different qualities from the site becomes part of the architecture. From the concrete floors kitchen, bathroom and fireplace grows up to serve the inhabitants like furniture’s that sits on the rock. Save this picture!© Nils Vik/D2A prefabricated timber structure is placed on the concrete floors and at last a light wood structure covers the cabin to filter the light and direct the views. The wood structure has a depth that creates a play of shadows through the day and a calm atmosphere resembling the feeling of sitting under a tree.Save this picture!© Nils Vik/D2A small annex creates a fence towards the neighbor building and another sheltered outdoor space. All exterior wood is Kebony which is a special heat- treated wood that will turn grey and require no maintenance.Save this picture!© Ivar KvaalProject gallerySee allShow less17-Ton Steel Sculpture Finds a New Home in LondonArchitecture NewsPassive Rowhouse SMETVANDERVEKEN / denc!-studioSelected Projects Share ArchDaily Year:  “COPY” House on an Island / Atelier Oslo Save this picture!© Ivar Kvaal+ 20Curated by Martita Vial Sharecenter_img Architects: Atelier Oslo Area Area of this architecture project House on an Island / Atelier OsloSave this projectSaveHouse on an Island / Atelier Oslo 2018 Photographs “COPY” CopyHouses•Norway Norway Photographs:  Ivar Kvaal, Nils Vik/D2, Charlotte Thiis-Evensen Manufacturers Brands with products used in this architecture project CopyAbout this officeAtelier OsloOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesWoodSummer HouseNorwayPublished on February 08, 2019Cite: “House on an Island / Atelier Oslo” 08 Feb 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MSun Control Window Film in MarkthalBathroom AccessorieshansgroheBath & Shower ThermostatsCabinetsFlorenseCabinet – FloAirWood Boards / HPL PanelsBruagStair Railing – CELLON®LightsLouis PoulsenOutdoor Lighting – Flindt GardenBathroom AccessoriesBradley Corporation USAHigh Speed Hand Dryers – Aerix+BoardsForestOneLaminate – EGGER laminatesAcousticSchöckStaircase Insulation – Tronsole®Metal PanelsRHEINZINKPanel Systems – Horizontal PanelWall / Ceiling LightsA-LightAccolade Wall Light at River Dental OfficeBricksStröherClinker Brick Slips – StiltreuMore products »Save想阅读文章的中文版本吗?岛上小屋/ Atelier Oslo是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Young woman fired from Uyghur radio station, then arrested

first_img RSF_en Organisation China’s Cyber ​​Censorship Figures Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes ChinaAsia – Pacific September 10, 2008 – Updated on January 20, 2016 Young woman fired from Uyghur radio station, then arrested News Reporters Without Borders condemns the dismissal and arrest of Mehbube Ablesh, a member of the Uyghur community in the northwestern province of Xinjiang, who worked for Xinjiang People’s Radio Station. ChinaAsia – Pacific Follow the news on China Receive email alerts News Reporters Without Borders condemns the dismissal and arrest of Mehbube Ablesh, a member of the Uyghur community in the northwestern province of Xinjiang, who worked for Xinjiang People’s Radio Station, a government station based in the provincial capital of Urumqi.After posting articles online criticising provincial leaders and Chinese government policy, she was fired from the station’s advertising department in August and was then arrested by the Urumqi police. According to one of her colleagues interviewed by Radio Free Asia, she is still being held.“As in other provinces with pro-autonomy movements, there is even more censorship and police control in Xinjiang than the rest of China, especially during the month of Ramadan,” Reporters Without Borders said. “There is an urgent need for Uyghur journalists to be allowed to write and express themselves without fear of being arrested and convicted on trumped-up charges of calling for violence or threatening Chinese sovereignty.”Nurmuhemmet Yasin, the author of the 2004 short story “Wild Pigeon,” was sentenced in February 2005 to 10 years in prison for inciting Uyghur separatism. Written in the first person, the story described a young pigeon that was put in a cage by humans and took its own life rather than sacrifice its freedom. The authorities claimed that it was about Yasin’s father, who poisoned himself in similar circumstances, and argued that it therefore contained a political message.Korash Huseyin, an employee of the literary magazine that published the short story, was arrested in November 2005 and was sentenced to three years in prison by a south Xinjiang court. Ismail Tiliwaldi, the Uyghur governor of Xinjiang, said Yasin’s arrest was necessary to maintain stability in the region.Abdulghani Memetemin, a Xinjiang-based writer, teacher and translator, was arrested on 26 July 2002 for providing information to the East Turkestan Information Centre (ETIC), an Uyghur rights and pro-independence group run by Uyghur exiles in Germany. A Kashgar court sentenced him to nine years in prison in June 2003 on a charge of “illegally providing state secrets to foreign organisations.”Reporters Without Borders believes that all of these Uyghurs were unfairly convicted for expressing themselves publicly, and calls on the Chinese authorities to release them. April 27, 2021 Find out more June 2, 2021 Find out more to go further China: Political commentator sentenced to eight months in prison Help by sharing this information News News March 12, 2021 Find out morelast_img read more

‘A Place to Stay Tour’ concert

first_img Pinterest Facebook ‘A Place to Stay Tour’ concert Pinterest By Digital AIM Web Support – February 24, 2021 WhatsApp Previous articleGIRLS HIGH SCHOOL BASKETBALL: Odessa High falls late in close contest to Midland LeeNext article010318_UTPB_WT_A&M_men_04 Digital AIM Web Support Local Newscenter_img TAGS  Facebook Twitter Mid-Cities Church, 8700 State Highway 191, Midland, has scheduled “A Place to Stay Tour” concert from 6 p.m. to 8 p.m. Sunday. “A Place to Stay” is a free Texas-wide concert tour designed to raise awareness for children in the foster care system while educating community members on how to become part of the solution. The event features music from award winning songwriters Radney Foster, Kyle Hutton and more. For tickets or information, go online. WhatsApp Twitterlast_img read more

Kraninger: ‘Will Focus Solely on Serving the American People’

first_img Accountability Banking Committee BCFP Exim Bank Sen Mike Crapo Sen. Sherrod Brown Senate 2018-07-19 Radhika Ojha The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Kraninger: ‘Will Focus Solely on Serving the American People’ Demand Propels Home Prices Upward 2 days ago Kraninger: ‘Will Focus Solely on Serving the American People’ Subscribe Previous: AMDC Hosts Webinar Covering Inclusive Hiring Practices Next: Public Policy Think Tank Discusses Future of GSEscenter_img in Daily Dose, Featured, Government, News About Author: Radhika Ojha Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago On June 16, the Trump administration announced the nomination of Kathleen Kraninger, an Associate Director at the Office of Management and Budget to head the Bureau of Consumer Financial Protection (BCFP). On Thursday, Kraninger appeared before the Senate Banking Committee to answer some tough questions during a hearing on her nomination to lead the Bureau.She appeared before the Committee along with Kimberly A. Reed, who is nominated to lead the Export-Import Bank of the United States.Even before the hearing, Kraninger’s nomination was highly debated with some of the Senate Banking Committee members, led by Ranking Committee Member Sen. Sherrod Brown, writing to Senator Mike Crapo, Chair of the Senate Banking Committee requesting him to postpone the hearing until documents that they had asked from the Trump administration on Kraninger were provided. “A number of members of this Committee have requested relevant documents and other information from the Trump Administration in advance of Thursday’s nominations hearing,” the letter said. “To date, the Administration has not responded to these requests.  If we do not receive responsive information in time to review it before Thursday’s hearing, we will not be able to conduct the kind of oversight and questioning that allows the Senate to perform its constitutional role of providing advice and consent.”The hearing on Thursday kicked off with Crapo giving his reply to the letter. “With respect to Ms. Kraninger, some senators have requested a long list of documents, including, emails, schedules, involvement in memos, White House communications, etc., relating to Ms. Kraninger’s role at OMB with respect to the Administration’s ‘Zero Tolerance Policy’ and the Administration’s response to Hurricane Maria in Puerto Rico,” Crapo said. “These requests are designed to go after certain extraneous Administration policies that the requesters do not like, and go far beyond the practice of this committee’s document production. Indeed, I would not expect this Administration or any administration to release documents related to an ongoing deliberative process.”“It is my hope that, if confirmed, Ms. Kraninger will be more accountable to senators on this Committee than Director Cordray was,” Crapo added. “I look forward to vigorous debate and vote on the nominees.”  In a Q&A that lasted longer than expected, members of the committee asked some difficult questions related to her role at the OMB as well as what one could expect from her if she was confirmed as the Director of BCFP. If confirmed as Director of the BCFP, Kraninger said that she would, “focus solely on serving the American people.”During her testimony, Kraninger hinted at pursuing a similar path as the current Acting Director Mick Mulvaney. She said that she had four initial priorities for the Bureau if confirmed as Director The first priority she said would be to make the Bureau “fair and transparent.” Secondly, Kraninger intends for BCFP to work closely with other financial regulators and the States on supervision and enforcement. Third, she said, “The Bureau must recognize its profound duty to the American people to protect sensitive information in its possession.”And lastly, she said that she would look at making the Bureau “accountable to the American people for its actions, including its expenditure of resources.”The committee is set to vote on confirming her nomination in the week of July 31. Click here to view the hearing.Learn more about Kathy Kraninger’s nomination:Will Kraninger Succeed Mick Mulvaney as CFPB Chief? Tagged with: Accountability Banking Committee BCFP Exim Bank Sen Mike Crapo Sen. Sherrod Brown Senate July 19, 2018 3,313 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Minister asked to drop proposed new stock density rules

first_img Twitter Minister asked to drop proposed new stock density rules Twitter The Agriculture Minister is being urged to withdraw plans to change the qualification rules for the Disadvantage Area Scheme by increasing the stocking density required.Deputy Charlie McConalogue says it’s unfair to force Donegal farmers to extra stock onto their land given the recent wet weather.This week the European Commission has already agreed to bring forward 50 per cent of the annual payment to farmers under the Common Agricultural Policy.Donegal North Deputy McConalogue says farmers in this county need all the help they can get…….. NPHET ‘positive’ on easing restrictions – Donnelly Google+ Pinterest WhatsApp By News Highland – July 27, 2012 Help sought in search for missing 27 year old in Letterkenny WhatsApp Calls for maternity restrictions to be lifted at LUH center_img Facebook Pinterest Facebook Previous articlePSNI to reinvestigate killing of Daniel Hegarty in Creggan 40 years agoNext articleSecurity alert continues in Derry after Waterside pipe bomb attack News Highland 448 new cases of Covid 19 reported today News Google+ Three factors driving Donegal housing market – Robinson RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector publishedlast_img read more