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Atos Origin unveils empowerment deal


first_img9 July 2010French information technology company Atos Origin has announced an empowerment deal that will see a 26% stake in its South African subsidiary being sold to a consortium of black investors, comprising AWCA Investment Holdings (AIH) and Manteo Investments, for an undisclosed amount.Atos Origin provides hi-tech transactional services, consulting, systems integration and managed operations to organisations in a wide range of sectors including telecommunications, media, manufacturing, financial services, transport, healthcare and medical services.“Africa is an important territory in Atos Origin’s overall growth ambitions,” Atos Origin South Africa chairman Winfried Holz said in a statement this week.“This transaction will strengthen our business and will give us a boost to participate in growth opportunities in this fast emerging IT-services market.”Continental expansionAtos Origin South Africa, the company’s sub-Saharan African subsidiary, set up operations in South Africa in 1999. The company now employs 250 people providing IT services to the country’s major telecommunications operators, including MTN, Vodacom, Cell-C and Telkom. The company has business operations in Kenya and Nigeria.“Our new shareholders are experienced business people with networks in many industries. They will help us take our business to the next stage,” said Atos Origin South Africa country manager Adrian Ralph.“Together, we will diversify into new industries such as financial services and the public sector and increase our presence in the rest of the continent.”Value creation, transformationAIH was established in 2008 by 60 black women chartered accountants, all of whom are influential business people and captains of industry, spread across diverse sectors of the economy.The company distributes a portion of its dividends through the African Women Chartered Accountants (AWCA), a non-profit organisation started in 2002 as a platform for aspiring and qualified black women chartered accountants.“This investment is in line with our company’s philosophy to participate in high-growth opportunities where we can add value and create opportunities for our shareholders and AWCA members,” said AIH director Karabo Nondumo.“We are already actively involved in value creation and further transformation of the company.”Strong local managementManteo Investments is owned by Yusuf Surtee, a prominent business man who is well known in the IT, financial and public sector and who has a long association with Atos Origin dating back to 1999.“I have made good experience with Atos Origin in the more than 10 years I have worked with the company,” said Manteo Investments’ Yusuf Surtee.“Atos Origin has a strong local management and has proven to be a reliable partner to South African and international companies, hence I am convinced they are well positioned to further expand.”SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more


Should The NBA Move The 3Point Line Back


More: Apple Podcasts | ESPN App | RSS | Embed Welcome to the latest episode of Hot Takedown, FiveThirtyEight’s sports podcast. On this week’s show (March 1, 2016), we look at why basketball’s old-timers have come out against the Golden State Warriors and Stephen Curry, we ask whether Mark Cuban is right that the NBA should look into moving the 3-point line back, and we wonder if the Pittsburgh Pirates’ Gerrit Cole deserves a higher salary. Plus, a significant digit on how 3-point fever is taking over high school basketball.Stream the episode by clicking the play button above, or subscribe using one of the podcast clients we’ve linked to. Links to what we discussed are here:Ian Levy breaks down just how good Curry’s season has been.On Bill Simmons’s podcast, Kirk Goldsberry advocates for a unique solution to basketball’s supposed 3-point problem.ESPN’s J.A. Adande says Oscar Robertson will never understand Curry.Rob Arthur explains why baseball’s best players are only getting younger.Maybe baseball needs a safety net for younger players, says Fangraphs’ Dave Cameron.Significant Digit: 39. That’s the percentage increase in 3-point attempts between the high-school 3-point attempt leader in 2004-05 and the leader in 2015-16.Here is a video of that leader, Ashtyn “Syrup” Bradley, shooting bombs for his high school team. His true shooting percentage this season is 57.4 percent. Embed Code If you’re a fan of our podcasts, be sure to subscribe on Apple Podcasts and leave a rating/review. That helps spread the word to other listeners. And get in touch by email, on Twitter or in the comments. Tell us what you think, send us hot takes to discuss and tell us why we’re wrong. Hot Takedown read more


Long Bay High Opens today


first_img Recommended for you Long Bay High taking 180 students, will be ready says Minister Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 04 Jan 2015 – It is back to school, back to work for thousands this morning in a brand new year as we transitioned from 2015 to 2016 over the weekend. While most will feel the excitement of newness despite heading back to their same physical environments, it will be different for at least 200 students and the faculty and staff of the new Long Bay High School. The institution, which represents a new era in education says Education officials, will receive its first formers at the school as the phase one roll out of LBHS begins. This morning students were picked up across the island from the various bus locations to support the children coming from Blue Hills, Five Cays, Glass Shack, The Bight, Chalk Sound, Kew Town and other eastern communities for an 8 am arrival at school. Principal of the school is former Education Minister, Dr Carlton Mills and so anticipation and expectations are high. During a ribbon cutting ceremony in November, Minister of Education and Deputy Premier Hon. Akierra Misick led her ministerial colleagues in breaking ground on the construction of phase two which was won by Jamalco; the contractor who designed and built the phase one of the LBHS. Long Bay High School launches as a first form only high school today, but will eventually be a full high school – going from form one to five by 2017. Premier to Open New Salt Cay Clinic Related Items:long bay hills high school, open Cabinet ‘ok’ with spending on upgrades and capital works Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more


Pressure on to get Barbuda people back home


first_img August 30th – One Year since Hurricane Irma named Facebook Twitter Google+LinkedInPinterestWhatsApp#Barbuda, October 10, 2017 – Barbuda, which had to evacuate the entire island population following its decimation by Hurricane Irma is now faced with the 1,800 residents crying to go back home.    Reports online confirm that while these islanders are homesick, their island is still sick and in no shape to take them in.Residents say they are determined to rebuild their lives in #Barbuda but the Government says the return home is not advisable at this stage.   It was also reported in the update, that the healthcare, schools, and social services systems in Antigua are considerably overwhelmed by the addition of the Bardudians who had to move to their country’s main island after their bout with #HurricaneIrma in early September.#MagneticMediaNewsPhoto credit: UN Recommended for you FortisTCI announces bid to hike electricity bills, cites record $42m response to hurricanes as destabilizing Related Items:#Barbud, #HurricaneIrma, #magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsApp New, stringent posture on illegal construction makes fines, personal demolition and possible deportation legal says PDM Minister, law now passedlast_img read more


McInnes condemns racist remarks made at Sinclair


first_imgAberdeen manager Derek McInnes has condemned racial slur made at Scott Sinclair during the Scottish League Cup final.McInnes has slammed the Aberdeen fan who racially abused the Celtic player, but he insists it was a situation regarding an individual rather than a widespread problem for the Pittodrie club.Sinclair revealed his disappointments regarding the situation on social media after seeing a video of the racial slur aimed at him as he had a penalty saved during his club’s 1-0 win at Hampden.Aberdeen defender Shay Logan, who was himself a victim of racial slurs that saw Celtic winger Aleksandar Tonev banned for seven games in 2014, also called the Sinclair incident an utter disgrace.“If using the skin colour of somebody is what you have to do to try to offend a fellow human being you are losing in life,” said Logan, according to the Scotsman.Derek McInnesDerek McInnes insists there isn’t a Premiership title race yet Henry Ikenna Ugwu – January 12, 2019 Aberdeen manager Derek McInnes believes there is no title race despite his side being one of the favourites to lift the Ladbrokes Premiership trophy…“BLACK WHITE ASIAN we are all the same.”McInnes also shares the views of his players as Aberdeen the fan will be punished duly once identifiedHe said: “Any racial abuse, in this day and age, is shocking. It’s embarrassing for the individual. It’s not a club issue for me. It’s the individual.”“That type of comment was maybe normal practice in the Sixties and Seventies, and it was appalling then and shocking then, and even more so now. It’s shocking that Scott Sinclair and any other player is still subjected to that.”last_img read more


Boil water advisory issued at Live Oak Springs resort


first_imgBoil water advisory issued at Live Oak Springs resort Categories: Local San Diego News FacebookTwitter BOULEVARD (KUSI) —  A boil water advisory was issued Friday at the Live Oak Springs resort in southeastern San Diego County.The advisory was issued by the county Department of Environmental Health due to a loss of pressure within the water distribution system for the resort, which includes 92 residential homes, an RV park, cabins, a laundry facility, a market and a restaurant.The advisory will remain in effect until lab analysis confirms the absence of bacteria in the resort’s water, according to the county. February 2, 2018 KUSI Newsroom Posted: February 2, 2018 KUSI Newsroom, last_img


Elite team of US Navy SEALS ordered home from ISIS fight due


first_img KUSI Newsroom Updated: 9:55 PM Posted: July 24, 2019 SAN DIEGO (KUSI) – An elite team of Navy Seals was ordered an early redeployment after “a perceived deterioration of good order and discipline” that made the military Commander lose “confidence in the team’s ability to accomplish the mission.”“The commander of the Special Operations Joint Task Force Operation Inherent Resolve (in Iraq) ordered the early redeployment of a SEAL Team platoon to San Diego due to a perceived deterioration of good order and discipline within the team during non-operational periods,” US Special Operations Command said in a statement Wednesday.A US Defense Department official close to the situation noted the rare case of early redeployment for a SEAL Team platoon, is due to allegations regarding consumption of alcohol during downtime. Consumption of alcohol is a violation of general orders given to troops in overseas campaigns. KUSI Newsroom, center_img Elite team of US Navy SEALS ordered home from ISIS fight due to alleged misbehavior July 24, 2019 Categories: Local San Diego News FacebookTwitterlast_img read more