‘Insurance Sector Cardinal to Economic Growth’

first_imgA deputy governor at the Central Bank of Liberia (CBL) has said that insurance is very important in the Liberian economy because it plays a significant role in mobilizing capital resources for growth and development of the economy.Deputy Governor Boima Kamara made the assertion Monday, May 5, in Monrovia, during formal the opening of the 36th Annual General Meeting and Education conference of the West African Insurance Companies Association (WAICA).The 2-day WAICA Meeting is being held under the theme: “Modern Technological Advances and the Development of the Insurance Industry in West Africa.”Based on that, Mr. Kamara told WAICA delegates that the CBL took over the regulation and supervision of the insurance sector in 2009, and began processing or reforming the sector so that to it operates under the relevant provisions of a new financial institution Act of 1999 including the 1999 CBL Act.Following a compressive survey and extensive consultation with the sectors, Mr. Kamara said that the CBL issued a one-year insurance action plan for the first stage of the reform agenda in 2011.According to the deputy CBL Governor, the focus plan was to ensure that all operating insurance companies in Liberia were in compliance with the required minimum capital as well as strengthening the board and management oversight to reduce risk.“The CBL is pleased to announce to you all that this stage of the reform has been successful, and as a result of the exercise, 20 out 26 insurance companies have met the requirements and have been licensed by the CBL to conduct insurance business in Liberia,” he said.However, the CBL Deputy Bank Governor used the occasion to encourage the 20 insurance operators to seize the opportunity to become part of WAICA.He told them that WAICA has lot of opportunities in the future for Liberia.For his part, the Deputy Minister for Administration and Insurance at the Ministry of Transport, J. Levi Demmah, who delivered the keynote address on behalf of the Liberian government, said it was good for West Africans to come together, to discuss issue pertaining to the growth of the economy in the sub-region.Min. Demmah said since its founding, WAICA has established two institutions in Africa and it is building the human capacity of its staff.He also told WAICA delegates to reflect on their past activities as long as the association exists in the West African region.Mr. Demmah also noted that insurance companies in Liberian have faced many challenges over the years, especially where the country is recovering from civil crisis.However, the Deputy Transport Minister said they were farsighted to launch a compulsory vehicle third party registration in the country, which he said will benefit many Liberians when it comes to accident and casualty.In his welcome remarks earlier, the vice-president of WAICA and president of the Association of Insurers in Liberia (AIL), Momo Fortune, thanked participants for attending this year’s 36th Annual General Meeting and Education Conference in Monrovia and hoped that they will achieve their desire goal at the end of the gathering.Mr. Fortune, General Manager & CEO of Mutual Benefits Assurance Company, is expected to be installed into office as the new president of WAICA today, May 6.The delegates are looking at Modern Technological Advances and the Development of the Insurance Industry in West Africa as well as Business Innovation Powered by technology: the expectations of stakeholders in the Insurance Industry in the sub-region.Meanwhile, the West African Insurance Companies Association (WAICA), is a regional association of insurance companies and institutions in English-speaking West Africa.It was founded in 1973 by insurance institutions in the five West African countries, namely; The Gambia, Sierra Leone, Ghana, Nigeria and Liberia.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

FAO, MOA Undertake US$458K Statistics Project

first_imgAgriculture Minister Moses ZinnahThe Food and Agriculture Organization (FAO) and the Ministry of Agriculture and its partners will tomorrow open a US$458,000 Statistics Project at the Ministry of Agriculture sub office in Fendell, outside Monrovia.FAO Representative in Liberia, Mr. Marc Abdala, and the Minister of Agriculture, Dr. Moses Zinnah, will represent their respective institutions at the take-off.The eighteen month project will further support agriculture, mainly by improving the Ministry of Agriculture’s (MoA) statistics and information management capacities.It is being funded by FAO under the technical cooperation agreement with the Liberian Government.The intervention will support the Ministry’s information management system as well as strengthen the institutional capacity to provide, manage, and sustain reliable databases on agricultural performance. It will build on useful synergies with all existing initiatives to better deliver sound results.The Department of Planning and Development at the MoA will be strengthened to ensure reliable and timely statistics for evidence-based planning, policy formulation, and decision making. It will also ensure timely access and availability of reliable data and baseline statistics to guide and support planning and programming processes of partners and the government.The support will further build the capacity of other national counterparts to effectively, efficiently, and independently conduct food security surveys, assessments and other related activities for programming processes.The FAO of the United Nations has expressed delight that the project will provide improved data for better decision making as well as develop methods and standards for food and agriculture statistics in the country.It may be recalled that in 2015 the Government of Liberia through the MoA requested funding from the FAO to support the Department of Planning and Development at the Ministry in order to address its challenges regarding access to accurate, real time data, and baselines for planning and programming.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Breaking News: VERGENOEGEN MAN STABBED TO DEATH BY DRINKING BUDDY

first_imgA porter of Vergenoegen East Bank Essequibo man was earlier this morning found dead in a pool of blood in the village with a stab wound to his left arm. Dead is Nair Khan, 30, of Line Top Vergenoegen, EBE.The alleged murder suspect with whom the victim reportedly had an argument is being sought by the police. More details in tomorrow’s edition of the Guyana Times.last_img

Fort St. John firefighters volunteering at Burn Camp

first_imgThe cost of the Burn Camp is fully covered by the B.C. Professional Fire Fighters’ Burn Fund, at approximately $2,900 a camper, and the Fort St. John Fire Department would like to thank everyone that’s donated. Campers get to do everything from water skiing to arts and crafts, as well as be in a space where they feel safe to express themselves openly. They’re accompanied by doctors, nurses, medical therapists, adult burn survivors and professional fire fighters, who donate their time.Every year the local fire department raises money for the Burn Fund, and this year through fundraisers like its pancake breakfast and Firefighter’s Ball it was able to donate $77,750. Captain Brent Morgan says that although they don’t often deal with many burn survivors in Fort St. John, the camp helps firefighters understand just how many people – and children – are affected. “It’s all over B.C.,” he explains. “This money, it goes to children all over B.C. to help them, no matter how remote the location is.” – Advertisement -Morgan adds that the experience at Burn Camp also helps motivate the firefighters to raise more money next year. “When these guys come back from burn camps, they just can’t believe what the stories are from kids,” he says. “Actually seeing kids with burns and hearing their stories, it hits home for a lot of people and it definitely helps them come back and be all gung ho for raising money for the Burn Fund.” Advertisementlast_img read more

Online site for service seekers

first_imgSANTA CLARITA – The Santa Clarita Valley Resource Center has established a new Web service that enables residents and businesses to easily find volunteer opportunities. Residents can log on to www.scvrc.org and gain access to the volunteer portal, a community-based volunteer management site. Both English- and Spanish-speaking volunteers will be able to register and find opportunities posted by organizations in Santa Clarita. This service is free for all volunteers and the organizations who post the opportunities. In addition to finding volunteer opportunities, there are many features of the Web site a volunteer will find helpful. Volunteers can receive an e-mail called a Volunteer Alert whenever a new opportunity arises that matches their interests and availability. Users of the Web site can also track their service hours, create a personal calendar of upcoming events they have committed to, and track personal goals. “We are extremely excited that we have been able to provide the community with this much-needed volunteer Web site,” said Neil Shah, president of the center’s board. “For many years we have been asked by residents how they can learn about volunteering in the community. Whether they want to inspire a child, feed the hungry or just make the community a better place to live, the paths can be found with this new volunteer portal.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventThe idea for the volunteer portal came from the Nonprofit Leaders Council, a consortium of local nonprofit groups. A member of the foundation, the center provides training and resources to build the capacity of local nonprofit and community service organizations in an effort to better serve the needs of the community. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Huddersfield sign Adama Diakhaby from Monaco

first_img Man United joined by three other clubs in race for Erling Haaland ✍️Welcome to #htafc, Adama Diakhaby! (SE) pic.twitter.com/MP8RTn5tsI— Huddersfield Town (@htafcdotcom) July 20, 2018The 22-year-old is the second player to make the switch from Monaco to the Terriers this summer, joining club-record signing Terrence Kongolo at the club.Huddersfield boss David Wagner expressed his delight at completing the deal.“I’m very happy to be able to welcome Adama to Huddersfield Town today. He is a very hungry young footballer with a strong desire to succeed in England, which is fantastic for our club,” he said. Kevin De Bruyne ‘loves Man City and wants to keep winning’, reveals father REVEALED “Obviously he is still learning and improving at 22-years-old, but he already has many of the qualities that we look for in our attacking players. He’s a direct player who is comfortable with the ball at his feet and with genuine pace, which suits our style perfectly.“We’re really looking forward to working with him on the training pitch and seeing him pull on our blue and white shirt in games, as I’m sure our fans are too!” RANKED targets Diakhaby has featured in the Champions League for Monaco Tony Cascarino backs Everton to sign two strikers for Carlo Ancelotti Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ IN DEMAND Huddersfield have announced the signing of Monaco striker Adama Diakhaby.The Frenchman has signed a three-year deal with the option of an extra year and joins for an undisclosed fee.center_img LATEST The biggest market value losers in 2019, including Bale and ex-Liverpool star Cavani ‘agrees’ to join new club and will complete free transfer next summer LATEST TRANSFER NEWS LIVING THE DREAM 1 Top nine Premier League free transfers of the decade targets moving on Where every Premier League club needs to strengthen in January last_img read more

Mourinho’s Stamford Bridge behaviour criticised by former Red Devil

first_img REVEALED Martial was at the double in the second-half ADVICE Top nine Premier League free transfers of the decade Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury Every time Ally McCoist lost it on air in 2019, including funny XI reactions MONEY Son ban confirmed as Tottenham fail with appeal to overturn red card Ronaldo warned Lukaku how hard scoring goals in Serie A would be before Inter move Ianni goads Mourinho as he celebrates the equaliser RANKED Former Manchester United defender Paul Parker has criticised Jose Mourinho for his role in the touchline chaos during the dramatic 2-2 draw with Chelsea on Saturday.Mourinho reacted furiously to Blues assistant Marco Ianni’s goading after Ross Barkley’s late leveller and had to be held back by Stamford Bridge security. Mourinh reacted furiously “We all know that football has a funny way of throwing egg back in your face, there’s always another game.“When people react and people goad in the way that Chelsea coach did, just remember he’s got to go to Old Trafford yet.”A point at Stamford Bridge further eased the pressure on Mourinho, although he was just seconds away from a second consecutive comeback win.Two second-half goals from Anthony Martial cancelled out Antonio Rudiger’s header, before Barkley slammed home in the sixth minute of stoppage time to rescue Chelsea’s unbeaten start to the season.On Mourinho’s future at the club, Parker doubts his controversial personality will ever change, but argues that could prove irrelevant if the results continue to improve. “You’re asking someone to change their whole manner, their whole persona and completely transform themselves into something different off the pitch,” Parker added.“Will it happen? I think the chances of that are pretty slim.“At the end of the day, if Man United go out and beat Juventus [on Tuesday], as long as the results are right people will look at the results before anything else.”And Parker, who made 146 appearances for the Red Devils, believes United must get going from the start in order to keep the results coming.“They seem to have to get themselves behind to actually react to anything, they don’t seem to be grafting games from the start,” he said.center_img Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade Chelsea boss Maurizio Sarri and Ianni have since accepted responsibility for the drama and apologised to the Red Devils manager, however Parker believes Mourinho will also regret his behaviour.“He shouldn’t have reacted like that,” Parker told talkSPORT.“When you look on the Chelsea part of it, he [Ianni] did it on two occasions – it was completely ridiculous, embarrassing and Chelsea should deal with him internally. But I don’t think Jose’s reaction is what you would want.“Jose should’ve known better than to react in that way because all he did was give everyone what they wanted, and that’s the way it worked out. There must be a little bit of regret on his part that he reacted in that manner. Where Ancelotti ranks with every Premier League boss for trophies won BEST OF no dice LATEST FOOTBALL NEWS 3 3 huge blow REVEALED 3 Which teams do the best on Boxing Day in the Premier League era? “Once they got over that and got themselves back into the changing room at half time, they came out in the second-half and they looked a completely different side.“They’ve got so many good players going forward, why should these players concern themselves with the negative side of the game?“If things are going to stay as they are with Mourinho in charge, we’re going to have to see performances like we saw for 45 minutes yesterday on a regular basis.“We have to see Man United be a side that becomes fearful again.”last_img read more

NCS D-VII: Career day for Christiansen as Ferndale cruises into semis

first_imgJenner Christiansen accounted for 6 total touchdowns, 4 through the air and another 2 on the ground, and No. 2 Ferndale High downed visiting No. 7 California School for the Deaf 57-28 in the quarterfinal-round of the North Coast Section D-VII playoffs, Saturday afternoon at Coach Carlson Wildcat Field.From the opening kickoff Christiansen looked to use every tool in his arsenal to get the Wildcats going.“We had two weeks to prepare for this game,” Christiansen said. “We knew we could use my …last_img

Pair of Brown Tone Velvet Feel Hair Scrunchies Bobbles Elastic Hair Bands – Velvet feel Hair Scrunchies

first_imgHere are the specifications for the Pair of Brown Tone Velvet Feel Hair Scrunchies Bobbles Elastic Hair Bands:Pack of two soft touch, velvet scrunchiesMedium sizedIncludes one in very dark brown and one light brown100% polyesterVelvet feel hair scrunchies. Really reasonably priced and very well made scrunchies which are fantastic for my hair, so i don a single most times. I’m incredibly delighted with this buy.Superior good quality and rapidly supply.Reviews from purchasers :Good Quality for The PriceVelvet feel Hair ScrunchiesI couldn’t find material of velvet ones anywhere on the highstreetJust what i was looking for. Superior high quality and did not obtain in the shops.Fast supply, highly recommendwill use this seller yet again.Beautiful incredibly awesome will be ordering much more arrived in grill time thank you.Wonderful as a present for a pal- she appeared to appreciate them and wears them loads. Only matter i would say os that they most likely will never be terrific for thick hair- sorry.Sent for a present a tiny scaled-down than predicted but excellent good quality for the price . Arrived securely packaged properly in time .Tender, superior high-quality and the correct stretchiness and colors for me, low-priced as well.Two nice scrunchies – get there incredibly quickly.Fast supply, highly recommendwill use this seller yet again.Wonderful quality attractive solution would definitely obtain once again.As they are smooth to snooze in and keep in your hair significantly much better than the silky. Been trying to discover these all over the place, as they are tender to rest in and remain in your hair significantly far better than the silky kinds.Velvet feel hair scrunchies. Really reasonably priced and very well made scrunchies which are fantastic for my hair, so i don a single most times. I’m incredibly delighted with this buy.They are a minimal limited when double wrapped which could pose a difficulty if you have thicker hair.Just what i was looking for. Superior high quality and did not obtain in the shops. Sent for a present a tiny scaled-down than predicted but excellent good quality for the price . Arrived securely packaged properly in time .last_img read more

Farmer earns ₹6 from onions, sends it to CM

first_imgA farmer from Maharashtra’s Ahmednagar has sent a money order of ₹6 to Chief Minister Devendra Fadnavis to protest against crashing prices of onions. Shreyas Abhale said on Sunday that after selling 2,657 kg onions at the rate of ₹1 per kg at the Sangamner market, he was left with only ₹6 after deducting transport costs. “I felt disappointed… decided to send the amount to the CM,” Mr. Abhale said.last_img