SANTA CLARA — Richard Sherman’s best season as a 49er extends off the field. He is their nominee for the Walter Payton NFL Man of the Year Award, as announced Thursday morning by the NFL.Sherman’s community service efforts extend both near and far, such as through his Blanket Coverage foundation to help low-income students. He’s also spent this season making regular visits to the Santa Clara County Juvenile Hall and donating funds to various causes, such as covering school-cafeteria debts …
12 August 2010Steelmaker ArcelorMittal South Africa has announced a black economic empowerment deal worth over R9-billion that will see a 26% stake in the company being sold to the Ayigobi Consortium and a share trust that represents 8 500 of the company’s employees.In a statement this week, ArcelorMittal says the transaction fulfils key objectives, including moving toward compliance with legislated empowerment equity ownership requirements and positioning the company for future opportunities to achieve improved self sufficiency and growth.“Introducing broad-based BEE shareholders to our operations has been a priority for ArcelorMittal South Africa for some time,” said ArcelorMittal South Africa CEO Nonkululeko Nyembezi-Heita.She said the company started looking at the possibility of an empowerment transaction in 2008, but that the global economic downturn made it impossible to implement a suitable transaction structure at the time. The company resumed its empowerment plans once some normality had returned to the markets.“This is a long term strategic partnership. The Ayigobi Consortium will remain a shareholder for up to 14 years, while the [employee share ownership plan] participants will benefit over a five year period,” she said.Industrial giant, catalyst for growthArcelorMittal South Africa’s new strategic equity partners will be the Ayigobi Consortium, led by Sandile Zungu. Other participants include Mabelindile Luhlabo, Mojalefa Mbete, Pragat Investments, Prudence Mtshali, Phemelo Sehunelo, Zebo Tshetlho, Zico, Oakbay Investments and Mabengela.The remaining 25% of the Ayigobi Consortium will be allocated to women, youth groups and new entrants to the BEE landscape whose composition is still being finalised.“The Ayigobi Consortium is pleased to be given the opportunity to partner ArcelorMittal South Africa. ArcelorMittal South Africa is an industrial giant that remains a catalyst to the realisation of South Africa’s inclusive economic growth and development potential,” said Zungu.“We have the requisite skills, business acumen, commercial experience and strategic networks to assist in making ArcelorMittal South Africa one of the most admired industrial leaders in South Africa and beyond.”New subsidiary createdTo effect the transaction, ArcelorMittal South Africa will transfer all its assets to a new wholly owned subsidiary, ArcelorMittal South Africa Operations (OPCO), in return for 74% of OPCO. The remaining 26% shareholding in OPCO will be 21% held by the Ayigobi Consortium and 5% by the employee share ownership plan.ArcelorMittal South Africa and OPCO will have identical boards of directors, and the Ayigobi Consortium will have the right to appoint one director to the board.“I look forward to welcoming our new partners, including more than 8 500 staff, to our business as shareholders and trust that, together, we will have a mutually beneficial relationship,” said Nyembezi-Heita.ArcelorMittal South Africa, formerly known as the Iron and Steel Corporation (Iscor), is majority owned by the world’s largest steelmaker, Luxembourg-based ArcelorMittal.SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material
15 July 2011 Pretoria Portland Cement (PPC) expects its new US$102-million (R699-million) mill in Pretoria to increase capacity by 30 percent, Business Report reported on Friday.The news followed even as the firm battled flagging sales due to an industry-wide slump.PPC, South Africa’s biggest cement maker, is under pressure in its home market, where the construction industry is struggling to bounce back after a 2009 recession.Managing director of the company’s cement operations, Salim Kader, said that PPC, which has the capacity to produce eight-million tons of cement, expected the new mill at its Hercules plant to boost capacity by 30 percent.The mill was commissioned last year.PPC, which said in May that it was eyeing expansion elsewhere in Africa to compensate for weak sales at home, said it would upgrade its other plants within three to five years.South African Press Association
Share Facebook Twitter Google + LinkedIn Pinterest Sugar will be viewed from many perspectives — history, business ethics, health and nutrition, social justice and, yes, tasting it — when Wilmington College presents its seventh annual Food Symposium March 30.Devised using the theme “Sugar Rushed,” the program will feature a combination of film, food, fun and informed opinions on one of nature’s sweetest and, in recent years, most controversial products.The day will open in Hugh G. Heiland Theatre with a screening of Michele Hozer’s Canadian documentary film, Sugar-Coated, from 10 to 11:40 a.m., followed by a food expo in which agriculture professor Tom Stilwell’s World Foods class will share dishes made from a variety of sugar crops from 11:45 a.m. to 1 p.m.Again this year, the symposium will have a student focus in both planning and presentation, as an interdisciplinary student research panel will present its finidings on all things sugar: history, marketing, nutrition, etc., from 1 to 2 p.m., in the McCoy Room of Kelly Center. Also, a sugar cube sculpture competition will be featured in which contestants can create sculptures out of sugar cubes, using no more than three ingredients: sugar cubes, glue and a coloring of choice.On the heels of past competitions featuring pies, cakes and cookies, this year’s contest, which is open to both the campus and community, will highlight candy-making.Categories include: dipped/covered (such as buckeyes and truffles), pulled/hard/gummies (taffy, rock candy), brittles/barks/toffee bars, diabetic friendly, caramels/fudge/pralines and novelty (specially design such as candies for holidays). Each entry must include a list of ingredients as a precaution for persons allergic to various nuts or other ingredients. The registration form can be found at: https://www.surveymonkey.com/r/HCPYLJVThe audience will be able to sample contest entries from 2:15 to 3:15 p.m. in the McCoy Room. The symposium will culminate with a panel highlighting “Sugar and Wellness” featuring professionals speaking on nutrition, diabetes, activity and low-sugar cooking, from 3:30 to 4:30 p.m., in the McCoy Room.
Share Facebook Twitter Google + LinkedIn Pinterest 180316_RyanMartinAnother dry but cool day today as sunshine dominates once again. Enjoy it, because we will see some changes to the weather pattern as we go into the weekend. Winds will start to ramp back up later this afternoon.Precipitation for tomorrow is farther north and may end up impacting a good half of the state. However, the best action remains in SW Ohio, where we can see a few hundredths to .4”. Some of this heavier moisture runs from Cincinnati up towards Dayton and even over closer to Columbus. With cold air in play we still feel that we have to allow for some wet snow in there, mixing with some rain. Minor accumulations can be seen, especially north of I-70. Everything looks to be done by late tomorrow evening.We are dry for Saturday night, Sunday and Monday, with sunshine and blue sky back in over the state for Sunday. Clouds build Monday, and by Monday night we see scattered showers moving in. However, action for Monday night and Tuesday looks to have a smaller footprint and may be confined to the southern half to third of the state. We will make a final determination on this in our forecast Monday morning. Rain totals can be from .1”-6” in those areas. Clouds will be around over the rest of the state.The biggest change in our forecast this morning comes for next Wednesday. As a strong nor’easter heads up the east coast, we see ample wrap around action on the backside of the low, and it may trigger snow over all of Ohio. We can see a coating to several inches, and the snow looks to go all day long. We will not rule out some 6” snow totals in eastern Ohio before the day is through next Wednesday, but we will wait to put out official snow and precipitation totals until early next week. Snow coverage can be nearly 100% of Ohio. It will be far worse to our east, but we need to stress not to underestimate this storm. Yes, it is hundreds of miles to our east, but the flow around the top will reach all the way back here, and will be enhanced by movement across the great lakes.The rest of the forecast is basically unchanged. We dry down for next Thursday and Friday, but stay cool. Then a front starts to work in for the 24th that has plenty of south flow ahead of it. That should take temps slightly above normal, and then also allow for good rains to fill in later Saturday afternoon through Sunday. Models have diminished the size and scope of this system this morning, but we are not changing the forecast yet. We will revisit this early next week. For now, we are calling for .25”-.75” rains for the 24th-25th with coverage at 70%.The extended pattern shows a strong circulation still for the 27th and 28th. Models suggest we can see the gulf bring up some nice moisture into this low, triggering moderate to heavy rains. It’s early but we are considering raising our rain totals for that part of the forecast period to 1-2 inches, based on a track right across from central MO to Toledo. There is plenty of time for this to change, but this may be a wet finish to the month of March.
Torrential rains continue to batter parts of Gujarat, leading to floods in North Gujarat region. The state authorities have shifted more than 8,000 people from Banaskantha and Patan districts due to flooding in low lying areas while over 250 people stranded in floods were rescued by various agencies like NDRF, BSF and Air Force. According to Principal Secretary (Revenue) Pankaj Kumar, NDRF, Air Force, Army and other agencies are involved in rescue operations in affects parts. “Four choppers for rescue works in Banaskantha have been mobilised,” he said. Meanwhile, the government has issued high alert in North and Central Gujarat districts where the heavy to extremely heavy rains likely. So far, 7 persons have died in rain related incidents since July 20 while death toll since June 1, stands at 73. More than 900 animals have also died either being washed away in floods or in other related incidents.
John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City “We’re back to zero,” said defending MVP and team captain Mary Joy Baron in Filipino. “The past season’s title will be our motivation because we know we have to defend the championship.”“But the team will have a new composition, Michelle [Cobb] will now be our setter, so for me everything’s back to zero,” added Baron.Cobb, who is on her second year, will take on the place Fajardo, who won three Best Setter awards.Baron and the other veterans, though, promised to make it easy for Cobb to transition from a substitute to the team’s main playmaker.“They [the veterans] were very flexible towards their relationship with me,” said Cobb. “They’re adjusting and they’re always telling me that if I draw the ire of coach Ramil [De Jesus] they’ll just keep motivating me and telling me that I am part of the backbone of the team.”ADVERTISEMENT NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Beau Belga not slowing down despite trade rumors AFP official booed out of forum Slow and steady hope for near-extinct Bangladesh tortoises Head coach: Ramil De JesusLast Season: 11-3 (no.2 seed, champion)Key holdovers: Mary Joy Baron, Kianna Dy, Dawn Macandili, Desiree Cheng, Aduke OgunsanyaKey loss: Kim FajardoADVERTISEMENT Don’t miss out on the latest news and information. MOST READ De La Salle is gunning for its third straight title in the UAAP women’s volleyball championship, but such a daunting task isn’t new for the mighty Lady Spikers.The last team to successfully go on a three-peat was La Salle when the girls in green-and-white won the big trophy from Seasons 73 to 75.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutAnd the Lady Spikers have set their sights on a sixth championship in eight years, the most titles in an eight-year period since University of Santo Tomas won seven straight from 1985 to 1991.La Salle, however, will go into Season 80 on a new slate especially after the iconic setter Kim Fajardo graduated in 2017. 2 ‘newbie’ drug pushers fall in Lucena sting LATEST STORIES Read Next Typhoon Kammuri accelerates, gains strength en route to PH Kianna Dy, Season 78’s Finals MVP, was there for Cobb when things got too difficult for the sophomore setter.“I actually told her that her style of play is different from ate Kim’s so we don’t necessarily want her to be exactly like ate Kim,” said Dy. “She has her own strengths, her own weaknesses, ate Kim has her won strengths and her own weaknesses.”“I just tell her to do her best and that we’re all behind her and that she’s not alone,” added Dy.And with the veterans showing support for their young 18-year-old setter, another figurehead in the team is confident La sale won’t go down easily.Dawn Macandili, who was named as the 2nd Best Libero in the 2017 AVC Asian Senior Women’s Volleyball Championship, promised La Salle would be there until the very end to defend the crown.“My confidence is really high right now with this team,” said Macandili in Fiipino. “My teammates are there, my coaches are there to throw us their support no matter what so I’m really confident we’ll go a long way this year.” Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Brace for potentially devastating typhoon approaching PH – NDRRMC View comments