Furnmart Limited (FURNMA.bw) 2019 Annual Report

first_imgFurnmart Limited (FURNMA.bw) listed on the Botswana Stock Exchange under the Retail sector has released it’s 2019 annual report.For more information about Furnmart Limited (FURNMA.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Furnmart Limited (FURNMA.bw) company page on AfricanFinancials.Document: Furnmart Limited (FURNMA.bw)  2019 annual report.Company ProfileFurnmart Limited markets furniture and electrical appliances for the domestic market through an international network of retail outlets in Botswana, South Africa, Namibia and Zambia. The company also offers a range of smart credit services. Furnmart retail outlets offer a wide range of home products that includes kitchen appliances such as fridges, freezers, washing machines and microwaves; bedroom products which include bed bases and mattresses, and bedroom furniture, rugs, carpets and curtains; and stylish furniture for the lounge and dining room which includes couches, dining room tables and chairs, and quality carpets and curtains.last_img read more

The FTSE 100’s back above 6,000 points! 3 UK shares I think still look too cheap to miss

first_img Enter Your Email Address Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Extreme investor nervousness forced the FTSE 100 back below the 6,000-point marker during the middle of September. And there it stayed until Friday when several days of sustained upward pressure pushed the UK’s blue-chip index back above this critical level.The FTSE 100 hasn’t benefitted from a miraculous upswing in risk appetite, though. The index moved back through 6,000 points late this week because of fresh weakness in the pound. A large proportion of Footsie companies report their results in foreign currencies, meaning that their profits columns receive a boost when sterling takes a hit.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…Tension across financial markets remains high and I can’t safely predict that I expect the FTSE 100 to keep rising. What I am happy to say, however, is that the Footsie’s packed with shares that are too cheap to miss. Even if the Covid-19-related news flow worsens and the global economic rebound stutters I’m confident that they can continue to deliver exceptional shareholder returns.3 FTSE 100 firecrackers on my radarHere are a few of these low-cost FTSE 100 stocks I’m thinking of adding to my own Stocks and Shares ISA:Aviva provides plenty for value investors to get stuck into today. The FTSE 100 insurance colossus trades on a forward price-to-earnings (P/E) multiple of just 6 times. It carries an eye-popping 10% dividend yield too. Some would say that these readings suggest Aviva’s a classic dividend trap, but I don’t agree. It’s one of the best-capitalised insurers out there with a Solvency II ratio north of 200%. And it has the capacity to raise even more cash through additional asset sales.Fresnillo’s share price has zoomed higher in 2020 as extreme macroeconomic tension has boosted demand for safe-haven silver. Precious metals prices have retraced again recently on significant profit booking. But I’m backing them to rebound strongly thanks to these ongoing fears as well as the support offered by central bank monetary support. I’m not alone, either, with 70% of respondents to a recent Jefferies survey predicting that metals like silver will rise again in value. Fresnillo trades on a rock-bottom forward price-to-earnings growth (PEG) ratio of 0.4. And this makes it too cheap to miss.I reckon AstraZeneca is also one of the best-value FTSE 100 shares out there. As well as carrying a forward PEG multiple of 0.1 the pharmaceuticals giant boasts a meaty 2.6% dividend yield. It’s a stress-free share for investors as medicine demand remains steady through economic downturns and upturns. AstraZeneca’s role as a leading drugs manufacturer in many therapy areas provides an extra layer of security too.These hot tips could help you get rich!AstraZeneca et al are just a taster of the FTSE 100 bargains that you and I can buy right now. They have the capacity to deliver terrific shareholder returns despite the murky macroeconomic outlook. And The Motley Fool’s epic library of special reports can help you discover even more with which to get seriously rich. 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. The FTSE 100’s back above 6,000 points! 3 UK shares I think still look too cheap to miss 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.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Fresnillo. 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. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Royston Wild | Saturday, 10th October, 2020 See all posts by Royston Wildlast_img read more

Synairgen share price fluctuations continue! Here’s what I’d do

first_img 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Synairgen (LSE:SNG) has yet again surprised the markets, as its share price continues to enjoy a fantastic 2020. The company issued £87m worth of new shares this week, and investors were snapping up them up with glee. By the end of Wednesday, the Synairgen share price had climbed 16% since the start of the week.Cashing in on Covid-19Synairgen is a pharmaceutical company specialising in respiratory drug development. Being in a prime position to help combat Covid-19, its share price has risen an astronomical 3,420% year-to-date. From January to April it had risen 1,360%. It then halved, but between July and November it’s risen a further 400%. Given the extreme volatility the share price has seen in this period, it’s clearly not a stock for the faint of heart. It doesn’t offer a dividend, and it’s listed on the notoriously erratic FTSE AIM index. 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…The company’s key selling point is its drug SNG001, which has proved effective in treating the more serious side effects of Covid-19. In particular, it markedly reduced breathlessness in patients who received SNG001 compared to those receiving a placebo.For now, the drug is yet to be licensed, and is still in phase 2 of trials. But that’s not stopped the Synairgen share price rocketing as the company has signed deals with several global partners.Is it all downhill from here?Investors are rightly concerned that once the pandemic is under control, Synairgen profits will take a significant hit. But hope springs eternal. Many investors are counting on it making good progress in developing and marketing other drugs in its portfolio.With its rise to prominence now established on the world stage, there’s no doubt it could continue to grow and prosper. Within the UK it is now a part of a collaborative body of experts in life sciences and progressive research. However, pharmaceuticals is a cut-throat industry, and I think it’s those with a biotech slant that will do the best in the years to come.Synairgen is one such stock and as such I think it could do very well indeed. Of course, this does depend on how the pandemic evolves and how it progresses its other offerings. I think the Synairgen stock remains a risky buy, particularly at an inflated price point. Nevertheless, it’s down 30% from its summer high, so there could be room for further growth yet.An acquisition target?In another scenario, it may get snapped up by a bigger pharma player, particularly if it has the makings of drugs in demand. Severe asthma and COPD continue to plague children and the elderly around the world. The pandemic has highlighted the need for treatments.Just a quick glance at Synairgen’s share price fluctuations year-to-date tells me this is in no way a safe and sure-fire investment. Still, I do think it’s got a lot going for it and if I owned it, I’d be holding for now. Our 6 ‘Best Buys Now’ Shares See all posts by Kirsteen Mackay Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Kirsteen Mackay | Friday, 6th November, 2020 | More on: SNG center_img Kirsteen has no position in any of the shares mentioned. 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. Synairgen share price fluctuations continue! Here’s what I’d do Simply click below to discover how you can take advantage of this. Image source: Getty Images. 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 Addresslast_img read more

10 UK shares I’d buy in 2021 to make a million

first_img 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. 10 UK shares I’d buy in 2021 to make a million Making a million with UK shares may be a more realistic goal than many investors realise. After all, the FTSE 100 and FTSE 250 have delivered annual total returns of around 8% per year in recent decades. As such, a £100k investment, or a £750 monthly investment, would become worth over a million within 30 years at a similar rate of return.However, with the stock market yet to fully recover from its 2020 crash, there are many cheap stocks available to buy. They could produce strong growth in 2021 and in the coming years that increases an investor’s prospects of making a million.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…Undervalued UK shares after the stock market crashUndervalued UK shares that could deliver impressive capital returns include retailers such as Tesco and Next. They have solid online positions that may benefit from a likely shift in consumer demand towards digital channels. Both companies also appear to have strong financial positions, as well as sound strategies that prioritise efficiency and investment to improve their competitive advantages.Similarly, healthcare stocks such as GSK, Smith & Nephew and AstraZeneca appear to be in good positions to capitalise on long-term demographic changes. An ageing world population means that demand for drugs and operations could rise at a solid pace in the coming years. This may provide greater scope for industry operators to deliver rising sales that allow them to command higher valuations relative to other UK shares.Dividend opportunities within the FTSE 100 and FTSE 250Other UK shares that could provide impressive total returns that increase an investor’s prospects of making a million include high-yielding dividend opportunities. Not only could they provide a worthwhile passive income in the near term, as well as dividend growth, they could become increasingly popular among investors at a time when low interest rates are pushing demand away from bonds and cash towards income stocks.As such, the relatively high yields of BAE and Taylor Wimpey could prove to be very attractive. They have forward yields that are in excess of 4.5%. They also appear to be affordable, given their strong balance sheets and enviable market positions. Therefore, their dividend payouts could grow at a relatively fast pace over the coming years as a likely economic recovery catalyses their financial performances.Meanwhile, UK shares such as Unilever, Diageo and Reckitt Benckiser could provide strong dividend growth opportunities. Their exposure to emerging markets and dominant positions within a wide range of consumer goods markets may mean that they can afford to pay fast-rising dividends over the coming years. This could further increase their appeal among a broader range of investors, and may provide higher total returns. In time, they could have a positive impact on an investor’s portfolio performance that increases their chances of making a million. 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Peter Stephens Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens | Sunday, 6th December, 2020 center_img Peter Stephens owns shares of AstraZeneca, BAE Systems, Diageo, GlaxoSmithKline, Reckitt Benckiser, Taylor Wimpey, Tesco, and Unilever. The Motley Fool UK owns shares of Next. The Motley Fool UK has recommended Diageo, GlaxoSmithKline, 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. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Addresslast_img read more

Australia squad for Ireland series

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Find out who is in Michael Cheika’s Wallabies squad for the three-Test series against Ireland Related: Summer tour fixtures and TV detailsMichael Cooper will captain the Wallabies in the first-ever three-Test series against Ireland, which features matches in Brisbane on 9 June, Melbourne on 16 June and Sydney on 23 June. Will Genia and Michael Foley are vice-captains, and the squad has an average age of 25.Golden moment: Jack Maddocks could win his first cap against Ireland (Getty Images)Hooker Jordan Uelese has been ruled out of the series after suffering an ACL injury in Melbourne Rebels’ win over the Blues and has been replaced in the squad by Waratahs hooker Tolu Latu.Australia squad for Ireland series:FORWARDS: Allan Alaalatoa, Rory Arnold, Adam Coleman, Folau Fainga’a, Ned Hanigan, Michael Hooper (captain), Sekope Kepu, Brandon Paenga-Amosa, David Pocock, Tom Robertson, Rob Simmons, Scott Sio, Izack Rodda, Caleb Timu, Lukhan Tui, Taniela Tupou. UPDATED: Australia squad for Ireland seriesMichael Cheika has named five uncapped players in his Australia squad for the Ireland series.In the backs, 21-year-old Melbourne Rebel Jack Maddocks, who was on Rugby World magazine’s list of the 50 Future Stars You Need to Know Now in our May 2018 issue, and Brumbies full-back Tom Banks both have the chance to make their Wallabies debuts.Brumbies hooker Folau Fainga’a, Reds duo Caleb Timu (back-row) and Brandon Paenga-Amosa (hooker) are in line to win their first caps against Six Nations Grand Slam champions Ireland too.Related: Ireland squad to face AustraliaAustralia have also reached an agreement with New Zealand Rugby over the release of Melbourne-born Crusaders back-row Pete Samu and he has joined up with the squad ahead of the Ireland series.Paenga-Amosa was playing in Sydney’s Shute Shield just a year ago before starring in the National Rugby Championship and Wallabies coach Cheika said: “For me, a guy who’s come out of club rugby, Southern Districts in New South Wales and then he played in the NRC, got his opportunity out there, was spotted by the Reds and has taken that opportunity with both hands.New face: Brandon Paenga-Amosa in action for the Reds (Getty Images)“I think Jack (Maddocks) has had a really good year. He’s changed between full-back and wing, and shown a lot of good qualities, good skill and high work-rate. Still got a lot to learn, but I think he deserves the opportunity he’s got.”center_img Jump to it: Wallaby Izack Rodda poses with Irish dancers to publicise the series (Getty Images) BACKS: Tom Banks, Kurtley Beale, Israel Folau, Bernard Foley, Will Genia, Dane Haylett-Petty, Reece Hodge, Samu Kerevi, Marika Koroibete, Tevita Kuridrani, Jack Maddocks, Sefanaia Naivalu, Nick Phipps, Joe Powell, Curtis Rona.Follow Rugby World on Facebook, Twitter and Instagram.last_img read more

Consumer Fraud Unit Protects Against Scams

first_img Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom From the Orange County Government Website Florida gas prices jump 12 cents; most expensive since 2014 LEAVE A REPLY Cancel reply Please enter your name here Share on Facebook Tweet on Twitter UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 You have entered an incorrect email address! Please enter your email address herecenter_img TAGSFraudOrange CountyOrange County Cosumer FraudScams Previous articleApopka Firefighters Head to New York For Memorial Stair Climb EventNext articleA teenager pushes back on technology usage Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your comment! Morales added that the Internet has added more opportunities for fraud. Fancy websites and compelling offers on Craigslist may easily entice people into a trap. The good news is that Morales’ office is here to help local consumers who are victims of fraud.“There are many ways to get conned in today’s day and age, so you have to be vigilant when entering into any type of contract or service agreement with others,” Morales said. This week marks the 18th annual National Consumer Protection Week, which is a coordinated campaign that encourages consumers to take full advantage of their consumer rights and make better-informed decisions.There are more than 100 nationwide and statewide agencies, including the Orange County Consumer Fraud Office, that work with the Federal Trade Commission (FTC) to shut down scams, give consumers a better way to report and recover from identity theft, and expose and stop misleading business practices.Orange County’s Consumer Fraud Office investigates consumer complaints and works to resolve them through mediation. The Consumer Fraud Unit can also issue citations, refer the complaint to other appropriate agencies and even press criminal charges against the egregious party. If the fraud occurred in Orange County during the past two years, the Consumer Fraud Unit will investigate and determine the best course of action.“Florida overall has a large number of transients and Central Florida is particularly transient, which makes the environment perfect for scam artists to prosper,” said Orange County Consumer Fraud Office Administrator Carlos Morales. “Millions of tourists come to our region every year, and predators see this as a golden opportunity. Families on vacation tend to let their guards down because they are here to have fun.”According to the FTC, Florida is ranked No. 1 for fraud and No. 3 for identify theft consumer complaints in the nation.Morales cited several top complaint categories locally, including real estate, merchandise sales, home improvement, consumer services, advance fees, auto sales, travel service, car rental agencies, non-consent towing and landlord versus tenant mobile home issues. For more information on the Orange County’s Consumer Fraud Office and how you can protect yourself from fraud, go to the Orange County Government website, call (407) 836-2490 or email [email protected] read the full article, go here. Save my name, email, and website in this browser for the next time I comment.last_img read more

Haitian Unity Day cheered

first_imgBoston held its annual Haitian Unity Day Parade on May 20, celebrating the victory of the 1804 Haitian Revolution. This great uprising against settler-colonial chattel slavery led to the establishment of the first Black-led republic in the Western Hemisphere.Thousands of Haitians, Haitian-Americans and their supporters marched, along with a wide range of groups that included Haitian workers, students, Fanmi Lavalas Boston and United Steelworkers Local 8751, Boston School Bus Drivers. The march began in Mattapan Square, long a cultural and social hub of Boston’s Haitian community, and continued along Blue Hill Avenue, where the community cheered and danced from their porches.Workers World Party-Boston attended as part of a contingent organized by the Boston School Bus Drivers Union, which will soon enter contract negotiations. Union President Andre François, addressing the crowd from a sound truck, said: “We are here marching against deportations, mass incarceration and racism! You have already earned your permanent residence, come out and claim it!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Indiana Farmers Lead the Way in No-Till Farming

first_img Indiana Farmers Lead the Way in No-Till Farming Home Indiana Agriculture News Indiana Farmers Lead the Way in No-Till Farming By Hoosier Ag Today – Mar 4, 2018 Indiana farmers are once again leading the nation in building valuable topsoil by using soil health management systems in their operations. According to a recent survey, farmers saved nearly 6.3 million tons of valuable top soil from erosion last spring as a result of no-till farming, a conservation practice known for improving organic matter and soil health.The spring conservation transect report shows a small decrease from 2015 in both no-till corn acres (8 percent decrease) and no-till soybean acres (5 percent decrease). Despite this reduction, Indiana has seen a 379 percent increase in the amount of no-till corn and soybean acres in the last 25 years.“There are many variables, such as a mild winter and heavy rainfall, that can impact a farmer’s decision to no-till, and no two years are alike, which is why it’s important to look at these trends over time,” said Bruce Kettler, Indiana State Department of Agriculture Director. “According to this data, Indiana remains a leader in conservation, and Hoosier farmers, on their own volition, continue to take steps to conserve our vital land and water resources.”The transect is an on-the-ground survey conducted every other year by members of the Indiana Conservation Partnership (ICP) that identifies the types of tillage systems farmers are using after crops emerge in the spring. The ICP has been tracking trends since the 1990s.The ICP wants to see more no-till acres across Indiana, as it can reduce soil erosion by 75 percent compared to a conventional (chisel-disk) tillage system. The savings were not only in the soil, farmers who used reduced tillage systems also required fewer passes across the field, and they used less fuel that resulted in over 12 million gallons of diesel saved.“Although all types of conservation tillage help keep the soil on the field where it belongs, no-till is the only method that actually builds soil health and retains soil structure,” said Jill Reinhart, acting state conservationist for Indiana’s Natural Resources Conservation Service. “If you are serious about making your land more adaptive to extreme weather conditions and improving the function of your soil, we encourage farmers move to a combination of no-till, cover crops and other conservation practices such as nutrient management, integrated weed and pest management, and diverse crop rotations.”In addition to no-till, the transect also captures data from other conservation tillage methods, such as mulch-till and reduced-till, that leave at least 30 percent residue cover, which can help reduce soil erosion by 50 percent or more compared to bare soil.“Crop residue keeps the soil from washing off the field, which is good for farmers, soil productivity and our drinking water,” Kettler said.The transect shows that farmers used reduced tillage methods on more than 680,000 corn acres and close to 1.1 million soybean acres last spring.It’s important to Reinhart that people know Indiana farmers are doing good things on a voluntary basis especially with reports of agriculture’s role in the Gulf hypoxia and Great Lakes issues. “A great example in the transect report is the over one million acres of cover crops planted, which when combined with no-till keeps even more nutrients out of our water,” she said. “Taking the time to observe, track and report helps us document efforts like these.”The ICP is wrapping up the fall cover crop transect and that data will be available later in the spring. ISDA maintains tillage transect reports on their website at https://www.in.gov/isda/2383.htm including the most recent results. To learn more about the tillage transect for your county, visit your local Soil and Water Conservation District office found here: https://www.in.gov/isda/2370.htm. Facebook Twitter SHARE SHARE Facebook Twitter Previous articleCommentary: New Food Trends Could Prove Challenging for FarmersNext articleMcKinney Leads Ag Trade Mission to Central America Hoosier Ag Todaylast_img read more

Supreme Court Dismisses Republic TV’s Plea To Quash FIR For Allegedly Trying To Cause Disaffection Among Police Personal As Withdrawn

first_imgTop StoriesSupreme Court Dismisses Republic TV’s Plea To Quash FIR For Allegedly Trying To Cause Disaffection Among Police Personal As Withdrawn LIVELAW NEWS NETWORK17 Dec 2020 12:35 AMShare This – xThe Supreme Court on Thursday refused to entertain a writ petition filed by ARG Outlier Media Ltd (which runs Republic TV channels) against a FIR registered by the Mumbai police against its editors & reporters for allegedly trying to cause “disaffection” among members of the police personnel. A Bench headed by CJI SA Bobde asked the Petitioners to approach the Bombay High Court as…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Thursday refused to entertain a writ petition filed by ARG Outlier Media Ltd (which runs Republic TV channels) against a FIR registered by the Mumbai police against its editors & reporters for allegedly trying to cause “disaffection” among members of the police personnel. A Bench headed by CJI SA Bobde asked the Petitioners to approach the Bombay High Court as the “entire cause of action has arisen in Maharashtra”.The petition has been dismissed as withdrawn with liberty to approach Bombay High Court. Republic TV and its employees were booked by the Mumbai Police for allegedly defaming the service and trying to cause “disaffection” among members of the police personnel. The FIR was registered at NK Joshimarg police station under section 3(1) of the Police (Incitement to Disaffection) Act, 1922, and under Section 500 (Defamation) of IPC, on a complaint filed by sub-inspector Shashikant Pawar of the Special Branch. The channel had sought quashing of this FIR, stating that the channel was only reporting the views expressed by “certain right-minded members of the political dispensation in Maharashtra as well as within the police forces in Mumbai against the brazen manner in which Respondent No. 3 (Param Bir Singh) had conducted himself”. Senior Advocate Siddharth Bhatnagar, appearing fot ARG Outlier submitted that the Petitioner also challenges the “Police (Incitement to Disaffection) Act, 1922” as being unconstitutional and violative of Article 19(1)(a), 19(1)(g) and 21 of the Constitution. “It was colonial act made to regulate nationalistic activities and now it is being used to curb fundamental rights,” he said. At this juncture, the CJI asked the Petitioner as to why it had not approached the High Court. “The Bombay High Court has already upheld the constitutionality of the Act,” Bhatnagar responded. Unconvinced by this submission, the CJI said that the entire cause of action has arisen in Maharashtra and therefore the parties must first approach the Bombay High Court. The petition was accordingly dismissed as withdrawn with liberty to approach the High Court. In the impugned FIR, it was alleged that in a broadcast aired on the channel on 22 October, 2020, scathing allegations were levelled against Param Bir Singh, Commissioner of Mumbai Police, and he was accused of bringing disrepute to the public service by conducting himself in furtherance of his own personal agenda, against Arnab Goswami. The Petitioner-company in its plea said, “The Broadcast clearly refers to sources within the Mumbai police who had expressed their views in this regard. As part of their obligations as journalists, the Petitioners are duty bound to protect such sources and cannot be asked to compromise their identity in the garb of an investigation.” It added, “It has been consistently held by the Supreme Court that the press is an important ingredient of the democracy and, therefore, freedom of press conferred by Article 19(1)(a) of the Constitution of India must be considered as a basic structure of the Constitution.” In the interim, the Petitioner had sought a stay on all further proceedings of this case, including investigation and a direction to the Respondents to not take any coercive action against the channel or its employees. The channel had also challenged the Constitutional validity of Police (Incitement to Disaffection) Act 1922. It submitted that the 248th Interim Report of the Law Commission of India titled “Obsolete Laws: Warranting Immediate Repeal” dated September 2014 recommended a repeal of the said Act on the basis that, “the Act is loosely worded and prone to misuse. Also. the Act does not describe what amounts to ‘disaffection’. This law acts as a Significant curb on the freedom of speech…” and “.. the need for this law should be re-examined in light of its potential infringement of Articles 19(1)(a) and (b) of the Constitution”.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Pharmacist disarms woman who tried to rob him at gunpoint

first_imgWSB(ATLANTA) — Police in Georgia are searching for three women shown on surveillance video attempting to rob a pharmacy before the owner snatched a gun from one of the suspects.Atlanta-area pharmacist Mba Kalu can be seen helping one of the women, who he said had asked to fill a prescription when she pulled a gun on him.“I was helping her because she said she wanted a prescription and I was just waiting for her to pull the prescription out and instead of her prescription, she pulled out a gun,” Kalu of PCI Pharmacy told ABC Atlanta affiliate WSB-TV. “So I just had to react.”Without flinching, Kalu is seen trying to grab the gun away from the woman while another woman sprayed him with what appears to be pepper spray.He eventually wrestled the gun away from the woman before they all ran out of the store.“In this field, it’s something anticipated because of the ongoing opioid abuse,” he told WSB-TV, adding he plans to step up security at his pharmacy by putting in bullet-proof glass and purchasing a gun of his own.The DeKalb County pharmacy, which has been open nearly a year, had already been robbed once before in December by three men armed men wearing masks, which was also recorded on video.None of the suspects has been apprehended, the station reported.Copyright © 2018, ABC Radio. All rights reserved.last_img read more