Regions: Europe Nordics Sweden Casino & games Swedish regulator Lotteriinspektionen has fined Sveska Spel’s bricks-and-mortar gaming business Casino Cosmopol SEK8m (£688,300/€780,200/$880,400) for failing to comply with licence requirements for money laundering and terrorist financing.The regulator found a number of serious and systematic deficiencies during an investigation of the land-based casino chain, which operates four venues across Sweden. In its ruling, the Lotteriinspektionen said Casino Cosmopol may have been used for money laundering activities. It identified shortcomings across a number of areas over a period of seven months from January 1 to July 31, 2018. The regulator, which is expected to announce the first licensees for the re-regulated Swedish market this week, said Casino Cosmopol must now amend its measures to comply with the points set out in its ruling. These changes must then be added to its licence application to ensure the company complies with money laundering rules in Sweden. The regulator cited a number of examples where customers were failed by the company, including in relation to risk-based routines, where a player spent SEK99,000 on slot machines in a single evening. The casino did not record these transactions and could only present the amounts to the regulator after reviewing security camera footage. Although Casino Cosmopol maintained that proper monitoring is in place, the regulator disagreed, saying that transactions at slot machines are not recorded or monitored and documented in a sufficiently systematic manner, ordering the company to improve its approach. Shortcomings were also identified in terms of the risk assessment of customers, finding it in breach of Chapter 2 Section 3, of the Money Laundering Act. Casino Cosmopol said that 99.7% of its customers are identified as low-risk under its current system, but the regulator questioned this, citing the case of one player who had lost SEK2.835m since 2016 and been reported to the Finance Department for suspected money laundering three times in 2016-17. The customer in question was classed as low-risk by Casino Cosmopol, which the regulator said was evidence of a flawed system. It added that the company’s current processes do not take into account a customer’s actions before they registered as a casino customer. The regulator also highlighted several cases of insufficient customer knowledge, including a failure to identify customers who were losing significant amounts of money. It was found to have breached Chapter 3 of the Money Laundering Act and terrorist financing rules when failing to impose additional measures on a particular customer who had lost SEK2.835m since 2016. The regulator also noted that the current transactions systems in place at the casino are not compatible with the Money Laundering Act, and outlined its concerns about a lack of documentation. For example, casinos are required to document all business relationship or single transactions of €2,000 or more, but Casino Cosmopol failed to do so with 153 visitors that met this criteria.Last week, Svenska Spel announced details of a new joint campaign with senior police officials and sporting administrators, aimed at neutralising a perceived raised risk of match-fixing following re-regulation. In September, Svenska Spel also named Scarlett Roa as its new sustainability manager with responsibility for matters such as business ethics and anti-corruption issues.Image: Per-Olof Forsberg Subscribe to the iGaming newsletter Casino Cosmopol fined over money laundering failures Swedish regulator Lotteriinspektionen issued the fine to the Sveska Spel subsidiary AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 28th November 2018 | By contenteditor Topics: Casino & games Finance Legal & compliance Email Address
Tullow Oil Plc (TLW.gh) listed on the Ghana Stock Exchange under the Energy sector has released it’s 2007 interim results for the half year.For more information about Tullow Oil Plc (TLW.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Tullow Oil Plc (TLW.gh) company page on AfricanFinancials.Document: Tullow Oil Plc (TLW.gh) 2007 interim results for the half year.Company ProfileTullow Oil Plc is the largest independent oil and gas exploration and production company with operations in Africa, Europe, South Asia and South America. The company has a portfolio of over 120 licenses spanning 22 countries; including multi-well operations in Ghana and Uganda. Tullow Oil Plc was founded by Aidan Heavey in 1985 in Ireland as a gas exploration business operating in Senegal. Acquisitions of BP’s North Sea Gas Fields in 2000, Energy Africa in 2004 and Hardman Resources in 2007 greatly enhanced the Group’s operations in Africa and Mauritania and added high-impact exploration licenses in South America. The company head office is in London, United Kingdom. Tullow Oil Plc is listed on the Ghana Stock Exchange
Sefalana Holding Company Limited (SEFALA.bw) listed on the Botswana Stock Exchange under the Industrial holding sector has released it’s 2019 annual report.For more information about Sefalana Holding Company Limited (SEFALA.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Sefalana Holding Company Limited (SEFALA.bw) company page on AfricanFinancials.Document: Sefalana Holding Company Limited (SEFALA.bw) 2019 annual report.Company ProfileSefalana Holdings Company Limited is a major retail operation with interests in the wholesale and retail distribution of fast-moving consumer goods in Botswana, Zambia, Lesotho and Namibia. It operates 20 major supermarkets under the retail name Sefalana Shopper; 25 cash-and-carry outlets trading under the name Sefalana Cash and Carry; 3 hyperstores trading as Sefalana Hyper Store; 4 liquor stores trading as Sefalana Liquor; and one cigarette distribution outlet trading as Capital Tobacco. The company also sells tractors, agricultural equipment, construction equipment, power-generating plants, water pumps, EDM locomotives and spares, and has franchise dealerships for MAN, TATA and Honda. Well-known subsidiaries in the Group include Foods Botswana, Commercial Motors, Mechanised Farming, Vintage Travel and Tours and Kgalagadi Soap Industries. Sefalana Holding Company Limited was founded in 1974 and its head office is in Gaborone, Botswana.
Cim Financial Services Ltd (CIM.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2020 interim results for the third quarter.For more information about Cim Financial Services Ltd (CIM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Cim Financial Services Ltd (CIM.mu) company page on AfricanFinancials.Document: Cim Financial Services Ltd (CIM.mu) 2020 interim results for the third quarter.Company ProfileCim Financial Services Limited (Cim Group) is headquartered in Mauritius that is regulated by the bank of Mauritius as a non-banking deposit taking institution and licenced by the Financial Services Commission as a credit financing institution offering a range of credit. The company avails individual consumers, SMEs and large corporates with financial services such as consumer finance, crediLimited t card, forex, leasing and factoring. Cim Financial Services is listed on the Stock Exchange of Mauritius.
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. No savings at 50? I’d invest in top UK shares Image source: Getty Images I’d also consider this. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays, Bunzl, GlaxoSmithKline, Intertek, Tesco, and Unilever. 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. Grab your free report – while it’s online. Simply click below to discover how you can take advantage of this. One FTSE “Snowball Stock” With Runaway Revenues Harvey Jones | Friday, 18th June, 2021 If I had no savings at 50, I’d scour the stock market for top UK shares to help me build up a pension pot for my retirement. I’m happy to accept the added risk of investing in individual stocks, and with retirement still 15-20 years away, I can look past the inevitable short-term volatility.The attraction of choosing a range of top UK shares from the FTSE 100 and FTSE 250 is that they offer both share price growth and dividend income. I’d reinvest all my dividends while I’m still working, then draw them as income after I retire.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…I’d start with FTSE 100 stocksI’d keep a pot of rainy-day cash on instant access for emergencies, but I wouldn’t hold long-term savings in cash. Today’s deadly combination of rock-bottom interest rates and rising inflation will destroy its value in real terms.My first step would be to invest in an index-tracking fund that follows the fortunes of the FTSE All-Share. That would instantly give me a broad spread of stocks. Then I’d start scouring the market to find some best-buy UK shares that I reckon could outperform.I can see plenty of opportunities, as Covid restrictions ease and the economy reopens. The recovery will be bumpy. And so will stock market performance. That doesn’t worry me too much. Even best-buy UK shares will experience their ups and downs, but over 15 or 20 years, I’d hope they would deliver a superior return to cash.I’d start by hunting down the best UK stocks to buy on the FTSE 100. I’d start by examining household names such Aviva, Barclays, Barratt Developments, Tesco and Unilever.I’d also dig up other top UK shares such as BAE Systems, Bunzl, GlaxoSmithKline, Intertek Group and M&G. Before buying any of them, I’d check carefully to make sure they aren’t overvalued, and how much dividend income they offer. I’d also check debt levels are under control, revenues are recovering after the traumas of the last year, and management is committed to rewarding shareholders through dividends and buybacks.I’d buy a spread of top UK sharesI’d also look for top UK shares with a defensive ‘moat’, which makes it hard for new competitors to gain a foothold.Starting at 50, time is of the essence. I’d start feeding lump sums into the market right away, and possibly set up a regular monthly payment too. I’d first target two or three stocks, then aim to expand my portfolio to between 10 and 15, to spread risk, as I always have to accept that returns aren’t guaranteed with share investing.If the stock market did crash, I wouldn’t panic. Instead, I take the opportunity to buy more of my favourite stocks at the lower price. I’m betting that 15 years is long enough for my portfolio to start bearing fruit. Then I’ll stay invested into retirement, for continued income and growth.Top UK shares would be my priority, but I’d also add some overseas investment funds for further diversification. 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. 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. 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Howard Lake | 28 April 2000 | News First WAP ad campaign AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 19 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisement WAP ‘phones might be the latest thing, but they’ve already carried their first ad campaign. The advertisement was launched by Football365. Of course charities don’t have to follow suit, and should avoid falling for technology-for-technology’s sake, but would anyone like to guess when the first charity appeal will be sent via mobile phones?For the record, UK Fundraising would guess that it will happen by the end of this year, and it will be by a US emergency aid charity. The campaign will probably be donated as a means of promoting a particular network or brand of mobile phone. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 21 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 17 May 2005 | News As well as offering a foot in the door for the growing number of people wanting to work for this and other charities, the scheme will provide support for important areas of Cancer Research UK’s work.Annette Breeden, Head of Volunteering at Cancer Research UK, said: “at Cancer Research UK we receive a huge number of requests from people interested in taking up voluntary placements with us. This internship programme aims to address this demand and provide relevant and interesting experience for those wishing to get into the charity sector, as well as being a fantastic opportunity to increase the number of valuable volunteers within Cancer Research UK.” Cancer Research UK launches pilot internship scheme Cancer Research UK is launching a pilot internship scheme for summer 2005, offering unpaid posts in fundraising, marketing and communications, in response to the huge demand for work experience at the charity. The programme will be aimed at penultimate year students, recent graduates or those looking to change career paths. The unpaid placements will cover fundraising, marketing and communications and will last approximately 10 weeks, with one internship offered for six months.Cancer Research UK will also provide training to enhance personal development and advice on how to get started in the charity sector. Advertisement Tagged with: Recruitment / people Volunteering About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis According to Third Sector magazine, a mystery donor survey by telemarketing agency Pell & Bales has found that only 42% of the 39 top-100 charities approached recommended that the donation be made by Gift Aid.Pell & Bales approached the major charities using email, post and telephone and attempted to achieve three objectives – to request information, make a complaint and donate money.The results were astonishing. Third Sector reports that, “out of 117 attempts to pledge a monthly direct debit donation, only 66 were successful. And one charity took 210 days to return the confirmation and thank the donor.” Advertisement Howard Lake | 6 June 2005 | News 21 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Pell and Bales find top charities still not promoting Gift Aid enough The would-be donor received different responses depending on which medium they used to contact the charities. For example, Gift Aid was suggested by all channels by only 8% of the charities contacted. Only 13% managed to thank the donor irrespective of the channel used; but then 13% also failed to thank the donor at all, no matter what channel was used.A previous survey by Pell & Bales had even found charities using different versions of forms for donors, depending on which medium they were using to communicate with them.Regrettably, the promotion of Gift Aid is getting worse. The 2004 figure of 43% is four per cent down on that reported by Pell & Bales in their survey of 2003.While Karl Holweger, chief executive of Pell & Bales, acknowledged that some charities were doing well, “a larger number seem virtually inert”, he said, adding “these are the grateful dead. They need to wake up.”Pell & Bales carried out its survey from May 2004 to January 2005. Tagged with: Research / statistics About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
https://www.youtube.com/watch?v=ErRHJlE4PGI By Gary Truitt – Jan 6, 2015 SHARE Facebook Twitter Local chicken SHARE Home News Feed Local chicken This is a very funny video and says a lot about today’s consumer.The really scary thing is, I think I have met these people Facebook Twitter Previous articleWhat Does Oil in the $40 Range MeanNext articleMonsanto Corn Rootworm Management Program Expanding Gary Truitt
Receive email alerts November 11, 2015 – Updated on January 20, 2016 Deep concern : Journalists repeatedly targeted by Libyan militias Six imprisoned journalists to finally appear in court in Istanbul News News As they are not dependent on any state entity, Libya’s militias are completely uncontrollable and their weight is all the greater because the political and military balance of power is volatile due to the rivalry between the competing factions in Tripoli and Tobruk.Militias have been responsible for 31 attacks on Libyan journalists this year and they do not hesitate to kidnap those who dare to report or criticize their abuses. The latest case is that of Mohamed Neili, a photographer working for the Chinese news agency Xinhua, who went missing in still unclear circumstances on 29 October. According to our sources, he was on his way to a district south of Tripoli when he was reportedly abducted by gunmen in broad daylight.The case recalls freelancer Mohamed El Hedi Dango’s abduction in Tripoli on 29 October 2014 by a militia affiliated to Fajr Libya on the grounds that he was said to have been a supporter of the former Gaddafi regime. We have been told that he is still held in Misrata.“There is an urgent need for light to be shed on these disappearances,” said Yasmine Kacha, head of Reporters Without Borders’ Maghreb office. “In the absence of a Libyan government, we appeal to the United Nations Support Mission in Libya and its new special representative, Martin Kobler, to address the need to combat impunity and, in particular, the militia threat to journalists.”The latest cases registered by Reporters Without Borders include a car chase involving two journalists on 2 November. Freelance photographer Mohamed Rhouma and freelance reporter AbdelMonem Jhimi were pursued by gunmen in a car while returning from a reporting visit to the southwestern city of Sabha.They fortunately succeeded in hiding and called relatives, who went to meet them and gave them the necessary protection so that they could return home.Reporters Without Borders has been voicing deep concern about militia attacks on journalists since June 2013.Libya is ranked 154th out of 180 countries in the 2015 Reporters Without Borders press freedom index. LibyaMiddle East – North Africa RSF_en Help by sharing this information On Libyan revolution’s 10th anniversary, authorities urged to guarantee press freedom News June 24, 2020 Find out more News to go further Organisation LibyaMiddle East – North Africa Reporters Without Borders condemns the latest militia attacks on Libyan journalists. The Libyan state’s disintegration and the failure to punish those responsible for such crimes has created a climate of violence that is extremely dangerous for the right to information. February 23, 2021 Find out more Follow the news on Libya Well-known Libyan journalist missing since his arrest December 17, 2019 Find out more