ENL Limited (ENL.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2019 annual report.For more information about ENL Limited (ENL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the ENL Limited (ENL.mu) company page on AfricanFinancials.Document: ENL Limited (ENL.mu) 2019 annual report.Company ProfileENL Limited is a diversified conglomerate engaged in sustainable value creation in the following sectors: real estate, hospitality, agro-industry, commerce, logistics and fintech. Operations are driven by its main subsidiaries, namely, Rogers, ENL Property and ENL Agri. The Company also holds sizeable stakes in Eclosia and New Mauritius Hotels ENL Limited is listed on the Stock Exchange of Mauritius.
Shoprite Holdings Plc (SHOPRT.zm) listed on the Lusaka Securities Exchange under the Retail sector has released it’s 2019 annual report.For more information about Shoprite Holdings Plc (SHOPRT.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Shoprite Holdings Plc (SHOPRT.zm) company page on AfricanFinancials.Document: Shoprite Holdings Plc (SHOPRT.zm) 2019 annual report.Company ProfileShoprite Group of Companies is an investment holding company with an extensive international network of retail and wholesale food and non-food outlets. The holding company is based in South Africa (RSA) and operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other. The group has more than 2 600 outlets in 15 countries across Africa and on Indian Oceans islands. Shoprite Group of Companies expanded into Africa from 1995; the first supermarket that opened outside of South Africa was in Lusaka, Zambia. The subsidiary company in Zambia falls under Supermarkets Non-RSA, which incorporates established brands in its stable; Shoprite, Checkers, Checkers Hyper, Usave and Hungry Lion. The company strives to offer a one-stop shopping destination for consumers, with a comprehensive range of food, household products, furniture, pharmaceuticals, appliances, and hair and beauty products. Shoprite Group of Companies is listed on the Lusaka Stock Exchange
Image source: Getty Images I also think this stock is a strong candidate for my ISA: Kevin Godbold | Tuesday, 30th March, 2021 | More on: ALU NWF There are only a few days left to make the most of the current Stocks and Shares ISA allowance. We can put as much as £20k into an ISA in the current year and the allowance will reset on 6 April. So it’s a good time for me to look for shares to buy. Why I think Alumasc is a share to buy nowAt the beginning of February, building products supplier Alumasc (LSE: ALU) delivered a strong set of half-year results. Revenues and earnings were higher than last year. Net debt and the pension deficit were lower. And the directors declared an interim dividend underlining their confidence in the outlook for trading.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…City analysts expect a triple-digit percentage bounce-back in earnings for the full trading year to June 2021, and high single-digit progress the following year. Meanwhile, the forward-looking valuation looks modest. And with the share price near 174p, the dividend yield looks set to be around 5.5%.However, Alumasc’s fortunes are tied to the building and construction industry. And there’s a lot of cyclicality in the firm’s operations. The share price has already risen a lot since the Covid-crash last year. And the shares now change hands near the top of a price range established for around 20 years. Nevertheless, I’m tempted to put some of the shares in my ISA and hold them for the long term.A steady businessNWF (LSE: NWF) operates as a specialist distributor of fuel, food, and animal feeds. I’ve admired the business for some time because of its steady nature and consistent financial and trading record. Revenue, earnings, and shareholder dividends have been on a gradual climb upwards for years.In February, the company released its half-year results report covering the period to 30 November 2020. And the figures show a bit of a dent in revenues and earnings because of the pandemic. However, the directors didn’t miss the interim dividend but held it flat compared to the previous year.The outlook remains positive. And the directors expect the business to be resilient through whatever other challenges the pandemic may yet throw at it. The company expects to resume its growth strategy based on organic and acquisitive progress.The valuation looks fullHowever, there’s no coronavirus bargain for me to pick up here. With the share price near 221p, the stock has already exceeded its pre-Covid level. In fact, the share recovered fast and was already at its pre-crash level by 1 May. I reckon the market was quick to recognise the strengths of the business.Looking ahead, City analysts expect the full year to May 2021 to deliver a single-digit percentage dip in earnings followed by a single-digit recovery the following year. And against those forward predictions, the earnings multiple is just above 12. The anticipated dividend yield is around 3.3%. Of course, forecasts can change.Given the slow rate of growth on offer, we could argue that the valuation looks full. And another risk is that the stock is almost at its previous high just before it crashed during the financial crisis. 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The high-calibre small-cap stock flying under the City’s radar 2 shares to buy as the new ISA allowance comes in on 6 April Kevin Godbold has no position in any share 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. 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. See all posts by Kevin Godbold
Changes for next week?Front row aside, the medics are tending to two of Scotland’s standout players in Ryan Wilson and Duncan Taylor. Even if he doesn’t have to, Cotter has indicated he may want to shuffle his deck and give all of his tourists game time. So we could see the destructive running of Dave Denton and/or Josh Strauss (John Barclay is another injury worry).Tough battle: Japan’s Rikiya Matsuda clashes with Stuart Hogg. (Photo: Getty Images)Peter Horne might be swapped with Ruaridh Jackson in the ongoing search for Finn Russell’s ideal understudy, and elsewhere in the backs Damien Hoyland deserves a second start if Cotter is still aiming for “organised chaos”. If he is, there’s an argument for giving Henry Pyrgos a start ahead of Laidlaw, but Cotter isn’t much of a gambler and will want to keep the spine of his team intact.The bench may well see some changes, in particular getting Edinburgh-born Stormers centre Huw Jones a first cap to tie him to Scotland. Super Scot: Ryan Wilson, one of Scotland’s stand-out players, on the attack v Japan. (Photo: Getty Images) Open wide: Greig Laidlaw sets up an attack, something Scotland could do more. (Photo: Getty Images)Get it moving, GreigOn the other hand, Scottish captain Greig Laidlaw wasn’t there to entertain, but to play Test match rugby. He milked (and kicked) every penalty he could get from favourable referee Ben O’ Keeffe and although the final scoreline was comfortable, Scotland never really got out of second gear.The speed of the Japanese defensive line put the Scots under constant pressure. Frequently, the ball was placed back by a tackled player with Laidlaw still some way off. With the defence reset, big carriers like the Ryan Wilson and the Gray brothers found it much harder to punch holes and build momentum to unleash the backs.At times it was too ponderous, never more so than during the Munster-style keep ball to run down the clock in the final minutes. With the win already secure, where’s the ambition? Smart start: Japan’s Shota Horie scores an early try v Scotland. (Photo: Getty Images)Front row depth will be testedTry-scorer WP Nel left the game just past the hour mark with a knee injury, while stalwart loosehead Al Dickinson went off after just three minutes. The rejuvenated Moray Low should be able to fill in if required although Nel said after the game that he should recover in time. Rory Sutherland had a good enough 77 minutes to earn a start ahead of Gordon Reid who has been called up to the tour in place of Dickinson. Scotland trailed for much of the first half of their first Test on tour in Japan, but came back to lead 16-10 at half-time and ended up winning 26-13. Rory Baldwin suggests what might be learned from this hard-fought match. Things are a little less clear cut at hooker, where Stuart McInally had a wobbly day at the set piece, misfiring on a few throws and getting his positioning wrong on an attacking lineout close to the Japanese line when, had he gathered Wilson’s pop pass, he would have had a great scoring chance. However the converted back row put in some big tackles, and showed the ball-carrying ability that makes him perhaps the most well-rounded challenger to Ross Ford – if he can sort the lineout. Fraser Brown played well off the bench too and Ford could potentially recover from injury to earn his 100th cap. Scotland coach Vern Cotter has at least one pleasant selection problem ahead of the second Test. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS TAGS: Japan If Japan control their discipline, it will be a much tighter game The hosts had two yellow cards, were down to 13 men at one point and conceded 16 penalties including a penalty try for Rikiya Matsuda’s slap down of a try-scoring pass to Tommy Seymour. They were penalised for technical offences right the way through.If they can cut that from their game in the second Test, it will be a much closer affair next weekend in Tokyo despite the continued absence of Rugby World Cup stars Michael Leitch and Ayumu Goromaru. The dynamic duo of Amanaki Mafi and Hendrik Tui will always keep Scotland honest at the breakdown, and if Japan improve their concentration in terms of discipline and handling next week, Scotland will need to step it up a level or two to win the series in the comfort they would like to. Japan know how they want to playLuckily for Scotland the Brave Blossoms only really clicked once during the first Test, and that was ten minutes in. Scrum-half Kaito Shigeno launched a superb counter-attacking try that will have Scotland defence coach Matt Taylor in tears, but it delighted the home crowd at the Toyota Stadium.The buzz from the crowd whenever Japan attempted to run the ball – which was always, even with just 36% possession overall – showed the way the fans want their team to play. When it works as it did under Eddie Jones in the World Cup, it is highly entertaining, but they did not execute sufficiently well to get past a dogged Scottish team on Saturday.
Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Andy Hook says: Priest-in-Charge Lebanon, OH Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Associate Rector for Family Ministries Anchorage, AK Advent, Rector Knoxville, TN Comments (9) Curate Diocese of Nebraska Rector (FT or PT) Indian River, MI November 28, 2012 at 9:41 pm I also thank you for those questions, and will engage actively with them in this season of waiting. May you be blessed also, in your waiting. Featured Events Assistant/Associate Rector Morristown, NJ November 28, 2012 at 7:30 pm Thank you for those questions as I have a dream of relocating next year in my continuing retirement years to be closer to most of family. I’m expectant and hopeful that God will have a purpose for me in that new setting. Posted Nov 28, 2012 Submit a Job Listing TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Priest Associate or Director of Adult Ministries Greenville, SC Rector/Priest in Charge (PT) Lisbon, ME Director of Music Morristown, NJ Associate Rector Columbus, GA Presiding Bishop on Advent: ‘What is it that you are most waiting for?’ Jen Lovejoy says: The Rev. Janet Campbell says: In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 (The Rev.) Frank J. Corbishley says: Comments are closed. An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Rector Albany, NY Course Director Jerusalem, Israel Rector Martinsville, VA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET December 3, 2012 at 1:09 pm Having just come through a painful year in which I experienced intense dismay, anger and grief before finally realizing the deep peace in what I’ve learned, I’m waiting for the next lesson. How will I wait? I hope with greater trust that what may appear to be irrevocable loss is by God’s grace a chance to grow in wisdom and gentleness — dare I say in holiness? November 29, 2012 at 3:26 pm We are always living in Advent, since we are always waiting for something. As a liturgical season Advent allows us to focus on this ever present aspect of our lives. We continually live in the already/not yet-ness of salvation & fulfillment. How to package that in a sermon? “What are you waiting for?” is a question I have posed more than once. “How are you waiting for it?” is, I think, the challenge here. How to put that challenge to my people in a sermon! And how to put that challenge to myself in my life! These are good questions to ruminate on. My thanks to the PB! Susan Fiore says: November 30, 2012 at 2:46 pm Waiting for a birth to take place! What a powerful image. As a hospital chaplain I have had the experience of offering pastoral care for a mother who has just experienced a loss in a fetal death. I can appreciate somewhat that some mothers refrain from telling many people about a pregnancy – what is ‘something happens’. The sadness is deepened by the struggle as to whether to tell any one of the fetal demise.Waiting is a risky thing. But often there is no clear choice between taking action and waiting. The PB has put the ball in all our courts. We are reminded of the peculiar nature of Advent – waiting, but active, aware, alert waiting for the moment when we are called to step up and act – wisely, deliberately, and our of our readiness to give our best. Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Presiding Bishop Katharine Jefferts Schori Curate (Associate & Priest-in-Charge) Traverse City, MI Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Bath, NC November 28, 2012 at 6:59 pm That’s pretty thin stuff coming from a scientist who is also the PB. Dolly Parton’s book about chasing one’s dream offers more meat. [Episcopal Church Office of Public Affairs] Noting that Advent is a time of waiting for “the coming of the Prince of Peace, the one who will reign with justice over this world,” Episcopal Church Presiding Bishop Katharine Jefferts Schori focuses on two questions in her Advent 2012 message: “What is it that you are most waiting for?” and “How are you going to wait this year?”The presiding bishop’s Advent 2012 message, videotaped in the Chapel of the Good Shepherd on the grounds of the General Theological Seminary in New York, is available here and below.[ooyala code=”g1dng0Nzoej7ckb522uHMSq8VoCJ1LOD”]The first Sunday of Advent is Dec. 2.In addition to the video, the following is the text of Jefferts Schori’s Advent 2012 Message.Advent 2012As you prepare for the season of Advent, I would commend two questions to your musings and your prayer and your meditation: What is it that you are most waiting for? And, how are you going to wait this year?I’m struck this particular season by the waiting of several women in Christian history. Mary obviously, waiting for the birth of the Promised One in her part of the world, a child born for the whole world.Also Elizabeth, mother of John the Baptizer, who comes before Jesus. Elizabeth has been promised a child in her old age, these are both very unexpected births, they are waiting.And I’m struck particularly this year by Elizabeth of Hungary, a saint of the Church who lived in the thirteenth century, who was betrothed as a child herself, married at 14, a mother of three by the time her husband died when she was 20. She spent her life giving it away, giving it away both physically through her means and through her presence and her healing. She was an icon of generosity.What is it you wait for this year? Is it an opportunity to meet the surprising around you? Is it an opportunity to reflect on what is most needed in your heart and in the world around you? How are you going to wait for that gift? Are you going to wait actively? Engaged? Honing your desire? Stoking the passion within you for that dream? Are you going to wait for a dream that will bless the whole world?That’s what Christians wait for in the season of Advent – of the coming of the Prince of Peace, the one who will reign with justice over this world. I believe that’s what the world most needs, this year and every year.May your season of waiting be fruitful and blessed. May it be filled with surprise and a willingness to engage that surprise.A blessed Advent.The Most Rev. Katharine Jefferts SchoriPresiding Bishop and PrimateThe Episcopal Church The Rev. Robert W Harvey says: Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Featured Jobs & Calls Raymond Hoche-Mong says: Rector and Chaplain Eugene, OR Rector Tampa, FL Cathedral Dean Boise, ID Rector Shreveport, LA Submit an Event Listing Press Release Service Submit a Press Release Katherine Lawrence says: Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem December 4, 2012 at 4:17 am I, too, have come through a profoundly painful year of those same emotions, dismay, anger and grief as well as fear. All these have been a vessel through which God has taught me about his grace and about patience. I have also learned to lean on Him more and more, to give over to him the struggles and the joys of my life, for He can do more than I can even imagine if I just let Him. So this Advent, I will be waiting for “further instructions” if you will. My life has changed so drastically that I really don’t know where I am headed (not that I really knew before either), so I will wait by listening for God’s direction more intently and purposefully. A good practice to engage in, I believe. Blessings and a happy Advent to you all. November 29, 2012 at 11:17 am I also expected a more pithy address from the PB; somehow expecting her to provide a framework, maybe answers, maybe more informative content. Then I started to think about what the question of “what am I most waiting for” means at this moment in my own faith journey. Indeed, merely ruminating about the question, and further being surprised at some of the answers that appeared made me realize tht indeed the meat of the message is in the personal reaction to the question. Advent is a task of engagement to the deep preparation one must do to prepare a new way of waiting, receiving, seeing, believing that which the LORD is offering to me as a believer. I will pray for your continued journey Raymond and ask your prayers for mine. I am dealing with what it means to have lost my mother in November and now becoming the matriarch of my family, what it means to be relaunching my business, and having the wherewithal to reinvest in doing my art and writing. What am I waiting for when by the accounts of others I need to just be working? To be experienced in the process I would guess. Happy Advent. Bishop Diocesan Springfield, IL Rector Hopkinsville, KY Family Ministry Coordinator Baton Rouge, LA (The Rev.) Charles V. Dayc says: Associate Priest for Pastoral Care New York, NY Rector Belleville, IL Youth Minister Lorton, VA Rector Pittsburgh, PA Assistant/Associate Rector Washington, DC Rector Washington, DC Director of Administration & Finance Atlanta, GA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Missioner for Disaster Resilience Sacramento, CA Canon for Family Ministry Jackson, MS Rector Smithfield, NC December 4, 2012 at 12:48 pm She said the name Jesus! Granted it was in a sentence about John the Baptist, and she said it with a smirk, but she did say Jesus! That’s the first time I’ve heard her use the name Jesus in one of her video addresses in well over a year! Perhaps our PB is beginning to realize that the Episcopal Church is not about gay people, straight people, poor people, rich people, black people, white people, or even red people, but about Jesus! I do hope she uses the name more often. Assistant/Associate Priest Scottsdale, AZ Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Tags Rector Collierville, TN This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 New Berrigan Book With Episcopal Roots Cascade Books
May 20, 2016 at 5:23 pm I am so proud of the Episcopal Church as it has become a place for ALL people. Our parish is sort of like the United Nations in that it has people from all over the globe. We are a congregation ministering to ALL> Video Tags Video: Mobile Loaves and Fishes Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Shreveport, LA Martha Richards says: Posted May 19, 2016 Rector Hopkinsville, KY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit an Event Listing Associate Rector Columbus, GA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Knoxville, TN Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Washington, DC Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Featured Events Rector Tampa, FL Rector (FT or PT) Indian River, MI Rector and Chaplain Eugene, OR An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Submit a Job Listing Director of Administration & Finance Atlanta, GA Missioner for Disaster Resilience Sacramento, CA Bishop Diocesan Springfield, IL Comments are closed. Featured Jobs & Calls Canon for Family Ministry Jackson, MS Submit a Press Release Episcopal Office of Public Affairs, Cathedral Dean Boise, ID Director of Music Morristown, NJ Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Priest Associate or Director of Adult Ministries Greenville, SC Rector Smithfield, NC New Berrigan Book With Episcopal Roots Cascade Books Assistant/Associate Rector Washington, DC Assistant/Associate Rector Morristown, NJ Rector Albany, NY Assistant/Associate Priest Scottsdale, AZ Curate (Associate & Priest-in-Charge) Traverse City, MI Family Ministry Coordinator Baton Rouge, LA Rector Pittsburgh, PA Press Release Service Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Comments (1) Rector Martinsville, VA [Episcopal Church Office of Public Affairs press release] On Thursday, May 19, Thursdays at 2 will feature Mobile Loaves and Fishes, a food truck ministry in the Diocese of Rhode Island.Every Thursday at 2 pm Eastern, a new video illustrating the work of congregations and individuals will be posted on the Episcopal Church’s Facebook page here and YouTube Channel here.Produced by the Episcopal Church Office of Communications, other videos featured onThursdays at 2 include:• Re-membering and Re- Imagining, a report from the House of Bishops.• Double Down on Love, an original song from the Thad’s Band in Santa Monica, CA, Diocese of Los Angeles• The Slate Project, an Episcopal, Lutheran and Presbyterian congregation that exists online and in person.• The Rev. Canon Stephanie Spellers, Presiding Bishop’s Canon for Reconciliation and Evangelism, providing an update on recent church planting meetings.• The Rev. Scott Claasan of St Michael’s University Church reflecting on how music and surfing led him back to church.In production for future Thursdays at 2:• Church on the Square, an Episcopal and Lutheran church plant successfully celebrating its first year in Baltimore, MD.• The Abundant Table whose mission is to connect the land with spirituality and community in the Diocese of Los Angeles.For more information contact Collins at [email protected] Priest-in-Charge Lebanon, OH Rector Belleville, IL Rector Bath, NC Curate Diocese of Nebraska In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Associate Priest for Pastoral Care New York, NY Rector Collierville, TN Course Director Jerusalem, Israel Youth Minister Lorton, VA Associate Rector for Family Ministries Anchorage, AK This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector/Priest in Charge (PT) Lisbon, ME
Pinterest Crane ISD hit hard by state funding cuts Twitter Facebook Pinterest Local NewsEducation Facebook Twitter A combination of depressed property values and the state eliminating a type of school funding has prompted Crane ISD to not renew some of probationary contracts for next year.Superintendent Janet Hunt said people in the agreements were told Friday that the district would not renew their contacts for the 2018-19 school year. There were 29 teachers on probationary contracts in the school district.“I truly wish that the people who made the decision to cut school funding were made to be present when,” it was time to tell people they will not have a job next year, Hunt said in an email.“This is a difficult task at best, but in a small town it is terrible,” she wrote.Hunt could not be reached for comment on how many people were notified Friday and what types of positions they held.In a statement, Hunt said Crane is not the only district struggling with budget issues due to state funding for public education being cut.In 2015-16, Crane’s tax base was $1.5 billion, so its tax collection was around $16 million.In addition, the state sent the district $7 million so Crane’s total budget was $26 million, the statement said. However, due to the state recapture program known as Robin Hood, the district sent back $8.3 million to the state.In 2016-17, the tax base sank to $850 million, so tax collections shrank proportionately to $9 million. The state sent the district $8.3 million, so their total budget was about $20 million, the statement said. Crane ISD had to return $2.7 million for recapture.In 2017-18, the district’s tax base was still around $850 million, but the state cut its additional state aid for tax reduction by $5.2 million giving Crane no foundation money from the state. The statement said that left the district with a $12 million budget. Its projected expenses are going to be more than $16 million.“So the combination of depressed property values and the state doing away with ASATR has been a ‘double hit.’”But the statement said the district remains hopeful that the future will bring some relief. WhatsApp WhatsApp By admin – March 25, 2018 Previous articleLETTER TO THE EDITOR: Tomorrow is up to usNext articleCity hits pause, revises downtown grants admin
Related Articles Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Nomura’s Penalty in Mortgage-Backed Securities Lawsuit Increased to $839 Million Sign up for DS News Daily Nomura Holdings and the Royal Bank of Scotland (RBS) have agreed to pay an extra $33 million in addition to the $806 million a judge ordered them to pay for allegedly misrepresenting the quality of mortgage-backed securities sold to Fannie Mae and Freddie Mac in the run-up to the financial crisis, according to media reports.The total brings the penalty to $839 million for Nomura and RBS in a suit brought about by the GSEs’ conservator, FHFA, in 2011, according to a report from Reuters. The Agency alleges it suffered monumental losses when the sponsor of the mortgage-backed securities, Nomura, and the securities’ underwriter, RBS, did not follow underwriting guidelines on 68 percent of a sample of a bundle of securities backing more than $2 billion worth of mortgages sold to the GSEs prior to the financial crisis of 2008.In May after a two-month non-jury trial, U.S. Judge Denise Cote found Nomura and RBS liable for its role in the sale of the shoddy mortgage-backed securities to Fannie Mae and Freddie Mac and ordered the two banks to pay $806 million in penalties. Nomura and RBS agreed to pay the $33 million if they pay at least $413 million for state law violations alleged by the FHFA. If the amount the banks pay for state law violations is reduced to $272 million, the parties agreed to let Cote decide how much of the extra $33 million should be paid, according to Reuters. According to the agreement, any amount for state violations that is less than $272 million will void the agreement.Nomura was one of 18 lenders sued by the FHFA in 2011 to recoup U.S. taxpayer costs following the government’s $188 billion bailout of Fannie Mae and Freddie Mac in 2008, after which the government seized control of both Enterprises. Nomura was the first one of the lenders to take the FHFA to trial; 16 lenders settled with the FHFA for a combined total of about $18 billion and the other lender sued, RBS, is awaiting trial in a case separate from the Nomura one.The FHFA has a separate suit pending against RBS in the U.S. District Court in Connecticut over the selling of about $32 billion worth of faulty mortgage-backed securities to Fannie Mae and Freddie Mac before the crisis. The bank had set aside about $3 billion for a possible settlement but reports surfaced that the FHFA might ask as much as $7.7 billion. The case should go to trial sometime next year if a settlement is not reached. In late August, RBS lost a bid to have the FHFA’s suit dismissed. Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Secondary Market The Best Markets For Residential Property Investors 2 days ago Tagged with: Fannie Mae FHFA Freddie Mac Lawsuits Mortgage-Backed Securities Nomura Holdings Royal Bank of Scotland Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Fannie Mae FHFA Freddie Mac Lawsuits Mortgage-Backed Securities Nomura Holdings Royal Bank of Scotland 2015-09-04 Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Print This Post Share Save Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Los Angeles Drops Mortgage Discrimination Suit Against JPMorgan Chase Next: Housing and the Economy Have Returned to a Virtuous, Supportive Cycle The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Nomura’s Penalty in Mortgage-Backed Securities Lawsuit Increased to $839 Million September 4, 2015 1,508 Views Subscribe
Calls for maternity restrictions to be lifted at LUH Facebook By News Highland – January 23, 2014 Three factors driving Donegal housing market – Robinson Twitter Pinterest Guidelines for reopening of hospitality sector published WhatsApp Google+ NPHET ‘positive’ on easing restrictions – Donnelly Facebook Google+ Pinterest WhatsApp 2,000 tonnes of waste to be sent back across border from Fermanagh News Work has begun this week to return thousands of tonnes of illegally dumped waste from Fermanagh back across the border.Approximately 2,000 tonnes of waste from a site near Killadeas is being brought to a fully authorised landfill site in the Republic, the third such project in the current financial year.The North’s Environment Minister Mark H.Durkan says that over the past 12 months, approximately 8,000 tonnes of illegally dumped material has been brought back across the border from County Tyrone, half from a site near Omagh, and half from a site close to FivemiletownHe says the continuation of work to remove and repatriate waste from these three sites shows the administration’s commitment to tackling illegal waste. He’s welcoming the cooperation of the authorities in the republic, and says this latest operation should take up to five weeks to complete.The Fermanagh site was identified almost ten years ago, and the person responsible for it was jailed and fined 10,000 pounds. Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Previous articleColeman has minor soft tissue injuryNext articleNWRCBG launches new website News Highland RELATED ARTICLESMORE FROM AUTHOR Almost 10,000 appointments cancelled in Saolta Hospital Group this week