Thorntons in profit warning as sales falter

first_img Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap THORNTONS issued a profit warning yesterday, becoming the latest retailer to flag a worsening consumer environment and announce plans to close stores as spending habits change.The chocolatier, which has 371 owned stores and 229 franchise outlets, said profit before tax and one-off items fell 8.5 per cent to £8.3m in the 28 weeks to 8 January, due in part to severe winter weather around Christmas and to the rising cost of raw material like cocoa.Thorntons said it expected underlying profits for the year to 30 June would be around the previous year’s level of £6.1m, compared with analysts’ average forecast of £6.8m. New chief executive Jonathan Hart said the firm will take advantage of over 200 lease expiries in the coming years to reshape its business.“I think it’s clear that the size of the portfolio is going to be reduced going forward.” However he said that all 200 stores would not be offloaded. KCS-content whatsapp Tags: NULL Wednesday 16 February 2011 8:12 pm Show Comments ▼ Share whatsapp Thorntons in profit warning as sales falter last_img read more

Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) 2018 Prospectus

first_imgSwan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2018 prospectus For more information about Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) company page on AfricanFinancials.Document: Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu)  2018 prospectus Company ProfileSwan Life Limited (formerly The Anglo Mauritius Assurance Society Limited) offers services such as life assurance, pensions, actuarial, and investment businesses in Mauritius. The company also provides life, car, home, health, travel, and boat insurance products, education and retirement plans, investment plans, wealth management, and stockbroking services for individuals. Swan Life Limited is headquartered in Port Louis, Mauritius. Swan Life Limited is listed on the Stock Exchange of Mauritius.last_img read more

Willdale Limited (WILD.zw) 2019 Abridged Report

first_imgWilldale Limited (WILD.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2019 abridged results.results for the full year.For more information about Willdale Limited (WILD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Willdale Limited (WILD.zw) company page on AfricanFinancials.Document: Willdale Limited (WILD.zw)  2019 abridged results.results for the full year.Company ProfileWilldale Limited manufactures and markets a range of clay brick products for the Zimbabwe building and construction sector. Its clay brick range includes face brick, semi-face brick, common brick and paving bricks for walkways, patios, swimming pool surrounds and garden landscaping. The bricks are either manufactured with a rustic, smooth or brushed finish. Willdale Limited has a range which includes economy plaster, special ground solutions and decorative building products which include window sills, faggots and klompies. The company was listed on the Zimbabwe Stock Exchange in 2003 after a demerger from Mashonaland Holdings Limited and is the only brick company listed on the ZSE. Willdale Limited is listed on the Zimbabwe Stock Exchangelast_img read more

3 FTSE 100 dividend stocks I’d buy to get a 5% cash income for life

first_img Image source: Getty Images. 3 FTSE 100 dividend stocks I’d buy to get a 5% cash income for life 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. What’s the best way to generate a cash income? With best-buy cash ISA interest rates hovering around 1%, you’d need a pot of £2m to generate an annual income of around £20k. To generate the same income from a portfolio of dividend stocks yielding 5%, you’d only need £400k.Of course, dividends aren’t guaranteed, as this year’s events have shown. But many companies have maintained their payouts or have already restarted dividend payments. Today I want to look at three FTSE 100 dividend stocks I’d buy for a regular income.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…Long-term growth from healthcareThere aren’t many certainties in the world. But I think we can be sure that demand for modern healthcare will continue to grow for the foreseeable future. My main healthcare investment is GlaxoSmithKline (LSE: GSK), the FTSE 100 pharmaceutical and consumer health group.Glaxo is a popular dividend stock, but in recent years performance has been held back by the declining sales of former blockbusters that have lost patent protection. One big example of this is asthma medicine Advair. More recently, vaccine sales have fallen as the Covid-19 pandemic has restricted non-emergency healthcare activity.However, I expect the headwinds from the pandemic will soon start to reverse. Looking further ahead, GSK has a number of new products that should support medium-term growth. I also expect the planned separation of the group’s consumer business (which owns brands such as Sensodyne) to improve performance.At current levels, Glaxo stock offers a dividend yield of 5.2%. I see this as a good level to buy for long-term investors.A family-focused dividend stockFTSE 100 asset manager Schroders (LSE: SDR) (LSE: SDRC) — which manages more than $500bn of investor assets — might not seem like a family firm. But Schroders’ founding family still has a controlling stake in this 216-year old firm.I think this family ownership is reflected in the conservative, long-term strategy employed by the group.For income investors, investing in family firms can make sense. The firm’s controlling shareholders won’t want to lose what might be their main source of income. In my experience, dividends paid by family firms are often more affordable and sustainable than at comparable firms with no long-term ownership.I see Schroders as one of the best dividend stocks in the FTSE 100. The shareholder payout hasn’t been cut for more than 30 years. And if you buy the non-voting Schroders (LSE: SDRC) class of shares today, you can look forward to a 5.4% dividend yield.A sinful 8% dividend yieldTobacco stocks divide opinion like few others. But the reality is that in financial terms, selling cigarettes is still a very large and profitable business. As I write, FTSE 100 stock British American Tobacco (LSE: BATS) offers a well-supported dividend yield of 8.5%.There are very few other companies that can offer such strong cash flows for shareholder returns. But tobacco stocks are out of favour at the moment. That’s left BATS trading on a modest valuation of around eight times earnings.Owning this dividend stock isn’t without risk. Regulations on tobacco sales could change in the future. The decline in smoking rates could accelerate. And BATS’ large debt pile could cause problems for the firm.However, I suspect that industry leaders like this one will be able to manage these problems and continue to reward shareholders. I rate the stock as a dividend buy. 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. Enter Your Email Address Simply click below to discover how you can take advantage of this. Roland Head owns shares of British American Tobacco and GlaxoSmithKline. The Motley Fool UK has recommended GlaxoSmithKline and Schroders (Non-Voting). 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.center_img Roland Head | Saturday, 22nd August, 2020 | More on: BATS GSK SDR SDRC Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Roland Head 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. “This Stock Could Be Like Buying Amazon in 1997”last_img read more

Are Ocado shares the perfect buy in the new UK lockdown?

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. Stuart Blair | Tuesday, 12th January, 2021 | More on: OCDO Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address 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. Are Ocado shares the perfect buy in the new UK lockdown? Simply click below to discover how you can take advantage of this.center_img “This Stock Could Be Like Buying Amazon in 1997” John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Stuart Blair has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon. The Motley Fool UK has recommended Tesco and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. 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. Image source: Getty Images Our 6 ‘Best Buys Now’ Shares Ocado (LSE: OCDO) was one of the top performers in the FTSE 100 in 2020. Indeed, while the FTSE 100 fell 11% in 2020, the Ocado share price rose a staggering 87%. This rise was spurred on by increased demand and rising revenues. But it has left shares expensive and there are worries about the company’s long-term direction. As such, with the UK in lockdown number three, is it now a good time to invest in the online supermarket, or are there cheaper and better options out there?Impacts of the new UK lockdownWhereas a new lockdown is usually negative news for the FTSE 100, it often provides a boost for Ocado. This is because more customers try to avoid supermarkets, and Ocado is a logical alternative. Indeed, the Ocado share price has risen over the past week and is close to its all-time high achieved in September.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…But while good in the short-term, questions still abound over whether online grocery shopping is the future. Tim Steiner, the chief executive of the company, certainly thinks so. He stated last year that “the world as we know it has changed”, and it will not change back after the pandemic. This optimistic viewpoint signals that the Ocado share price may continue to rise, even once the pandemic is over.But I’m not as convinced. I do think that Ocado has a very strong business, and of course, it is well suited to the current climate. However, these are exceptional times, and I cannot see revenues continuing to rise after the pandemic.Ocado has also struggled to make a profit these past few years, mainly due to increased investment in other areas. While it is good to see a company expanding, I would still like to see it making a profit, especially at a time when demand is soaring. This can be contrasted with the traditional retailers like Tesco, Sainsbury, and Morrison’s, each of which has seen strong profits.Are there other reasons I’m not buying Ocado shares?The overvaluation of shares isn’t the only reason why I’m leaving Ocado shares on the shelf. For example, the introduction of Amazon Fresh into the UK is sure to add competition and take market share away from Ocado.There are also problems with the company’s technology sector. Indeed, in October last year, Norwegian robotics company AutoStore filed a lawsuit against Ocado claiming patent infringement. Although Ocado have dismissed these claims, it is still not ideal for the company. I believe it may also place a strain on the Ocado share price over the next few months.Finally, the company is not immune from the impacts of Brexit. Customers have recently been warned that there may be food shortages, and inconvenience is expected to follow. This is one reason why I believe many customers will revert back to traditional supermarket shopping after the pandemic. As such, while the Ocado share price may rise in the short term, I’m less convinced about its long-term future. See all posts by Stuart Blairlast_img read more

Wallabies Wycliff Palu and Will Skelton both heading home with injuries

first_imgTuesday Sep 29, 2015 Wallabies Wycliff Palu and Will Skelton both heading home with injuries The Wallabies have lost forwards Wycliff Palu and Will Skelton after they both picked up injuries during their 65-3 win over Uruguay on Sunday. Scans confirmed that both Palu (hamstring) and Skelton (pectoral) will be out for the remainder of the tournament. James Hanson and Sam Carter have been called up as their replacements in the Wallabies squad. One of the most respected players in recent times for the Wallabies, Palu’s Rugby World Cup ended when he was replaced at half-time against Uruguay, after missing the Wallabies opening match against Fiji through injury. Skelton was substituted midway through the second half of that match with what was initially believed to be a shoulder injury but scan results on Monday showed he had sustained a pectoral injury. The 23-year-old will consult a surgeon on his return to Australia.Wallabies Head Coach Michael Cheika said it was disappointing to see the tournament end for Palu and Skelton after solid contributions by the pair throughout the international season. “Very few players have the opportunity to play for the Wallabies, let alone at a Rugby World Cup, so from that perspective I’m really gutted for them. “From a team perspective, they both play important roles in the side and it is disappointing that we need to replace players in our squad.” Their replacements, Hanson and Carter, have had an active role with the Wallabies this international season and played in the Test against the USA in Chicago earlier this month. Hanson has 10 Wallabies caps, having debuted in the 2012 Bledisloe Cup Test at Suncorp Stadium, while Carter has donned the gold jersey 12 times since debuting in 2014. Both players will join the squad looking for their maiden Rugby World Cup appearance. Cheika said he had complete faith in Hanson and Carter to fill the void left by the duo for the remainder of the tournament. “Both James and Sam have been part of the team at various stages this season and I am confident they will be able to step up and grasp the opportunity they have been given.” The Wallabies arrived in London on Monday evening for their third Rugby World Cup Pool A match against England at Twickenham this Saturday.View Australia vs Uruguay HighlightsADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Rugby World Cup , Wallabies Related Articles 25 WEEKS AGO If you can get your head around it, these… 47 WEEKS AGO You’ve never seen any Rugby World Cup drop… 49 WEEKS AGO TOP 10: Rugby World Cup 2015 was filled with… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

House in Mexilhoeira-Grande / Marco Arraiolos

first_imgCopyHouses•Portimão, Portugal Projects Photographs:  João MorgadoText description provided by the architects. The house, with a required implementation polygon defined in a development plan, is inserted in a batch of reduced dimensions, with southern exposure and views over the river mouth of the estuary of Alvor.  Save this picture!© João MorgadoRecommended ProductsEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEACeramicsTerrealTerracotta Baguettes in Vork CenterCeramicsApavisaTiles – JewelsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsThe project inverts the logic of immediate social/private, being the occupation at ground level, of the total area of deployment, made with private and service areas – bedrooms, bathroom and laundry. Save this picture!© João MorgadoOn this foundation rests a top floor with sloping roof, retreated to the south, resulting in a terrace that develops along the whole facade. On this floor are the social areas – living room, dining room and kitchen, taking advantage of the exposure and the outdoor area in terrace, sheltered by the very construction from the prevailing winds from the north.  Save this picture!plan 01The sloping roof, white, of single water and with a finish as the walls, allows a partial occupation at floor level 2 and gives a mono materic character to the built. Save this picture!plan 02Slightly changing the dimensions of predefined threshold and fence, sought to a minimal intervention on the existing topography.  Save this picture!plan 03The retreat to the south “undoes” the volume and allows it to track the slope where it inserts, minimizing the impact of the construction and while seeking a certain recollection and privacy of who inhabits the south terrace, from the street main access to the north.Save this picture!© João MorgadoProject gallerySee allShow lessYellow River Art Centre / WaaArticlesSerpentine Gallery Pavilion 2012 / Photos by Danica O. KusArticles Share Architects: Marco Arraiolos Year Completion year of this architecture project House in Mexilhoeira-Grande / Marco Arraiolos Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/244035/house-in-mexilhoeira-grande-marco-arraiolos Clipboard “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/244035/house-in-mexilhoeira-grande-marco-arraiolos Clipboard Photographscenter_img ArchDaily Portugal 2011 “COPY” Save this picture!© João Morgado+ 24 Share House in Mexilhoeira-Grande / Marco ArraiolosSave this projectSaveHouse in Mexilhoeira-Grande / Marco Arraiolos Year:  CopyAbout this officeMarco ArraiolosOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesPortimãoPortugalPublished on June 15, 2012Cite: “House in Mexilhoeira-Grande / Marco Arraiolos” 15 Jun 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogShowershansgroheShower MixersVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldIntegrating Operable Walls in a SpaceLightsVibiaLamps – NorthCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemSkylightsVELUX CommercialAtrium Longlight, DZNE GermanyHanging LampsLouis PoulsenLamp – PH ArtichokeTiles / Mosaic / GresiteHisbalitMosaic Tiles – TexturasAcousticMetawellAluminum Panels – Acoustic SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteWall / Ceiling LightsA-LightWall Grazer Concealed LightsDoorsBuster and PunchDoor Hardware – Pull BarMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

The Big Give highlights charities with matched giving opportunities

first_img Howard Lake | 3 February 2009 | News Tagged with: Digital Major gift The Big Give, the site that aims to encourage and inspire effective giving, is now highlighting those charities that have been offered matched funding by third party organisations. It is part of a campaign to help donors increase the value of their donations amid the recession.Charities with matched funding will now appear at the top of relevant searches and will be included in the new “Double Your Donation” area.Matched funding can be available from government, councils, private donors and grantmakers. For example, the government’s £50 million Grassroots Grants fund offers matched funding as it aims to provide long-term funding for Community Foundations.This new matched funding feature will be promoted to donors this week.If charities have matched funding that they would like to promote on The Big Give they should send details to [email protected] About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  18 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Big Give highlights charities with matched giving opportunitieslast_img read more

National AgrAbility Workshop set for Lexington

first_img By Andy Eubank – Mar 2, 2014 National AgrAbility Workshop set for Lexington Facebook Twitter Home Indiana Agriculture News National AgrAbility Workshop set for Lexington Previous articleIndiana Yield Winner gets Red Carpet Treatment in San AntonioNext articlePurdue Makes List of Top Ranked Ag Colleges Andy Eubank Farmers and other professionals with disabilities can receive training and learn about issues related to disability in agriculture at the 2014 AgrAbility National Training Workshop.The workshop will be March 31 to April 3 at the Downtown Lexington Hilton, 396 W. Vine St., Lexington, Ky. Participants can attend preconference sessions, breakouts, tours and special events. Participants can also attend a banquet with a benefit auction for farmer and rancher scholarships.A keynote address will be given by Josh Bleill, a Marine corporal and community spokesperson for the Indianapolis Colts. Bleill is a disabled war veteran who was activated for a tour of duty in Iraq in 2006 and lost both of his legs. He is author of a book, One Step at a Time: A Young Marine’s Story of Courage, Hope, and a New Life in the NFL.“The AgrAbility National Training Workshop is a great opportunity for farmers, rural health professionals and AgrAbility staff to come together to network with each other and to participate in special tours and breakout sessions regarding farming with disability,” said Kylie Hendress, AgrAbility engagement coordinator based at Purdue University.Session topics include beekeeping; aquaponics; agritourism; marketing products; assistive technology for agriculture; veterans in agriculture; women in agriculture caregiving; and how to manage and cope with a disability.Hotel rooms are available at a conference rate of $95 per night. Online hotel reservations must be made by March 7. Participants can get detailed conference information at https://workshop.agrability.org/2014/ and register online at www.conf.purdue.edu/agrability. Early-bird registration ends March 7, with conference registration closing on March 28. There will be no on-site registration.For more information, contact Hendress at 800-825-4264 or [email protected] Source: Purdue Ag Communications Facebook Twitter SHARE SHARElast_img read more

Journalist freed but opposition weekly raided again

first_img Another Voix de Djibouti reporter arrested in Djibouti City July 17, 2020 Find out more DjiboutiAfrica May 18, 2007 – Updated on January 20, 2016 Journalist freed but opposition weekly raided again La Voix de Djibouti is not run by “opposition illiterates,” RSF says December 9, 2020 Find out more August 4, 2020 Find out more DjiboutiAfrica News News to go furthercenter_img Help by sharing this information Djibouti: Detained reporter’s home searched, Facebook account hacked Receive email alerts News RSF_en Reporters Without Borders today welcomed the release of journalist Houssein Ahmed Farah, a contributor to the opposition weekly Le Renouveau and member of the Movement for Democratic Renewal (MRD), but condemned another raid on Le Renouveau that followed his release.Farah was freed on 13 May after a judge ruled there was not enough evidence to establish that he wrote an article published in the newspaper on 26 April linking President Ismaël Omar Guelleh to an alleged “sex scandal” involving a businessman from Dubai.Within hours of his release, police from the department of criminal and special cases carried out another raid on Le Renouveau’s premises in the capital’s Hayableh neighbourhood, where newly acquired printing material was being stored.As a result of the seizure of printing material in an earlier raid in February, the newspaper was unable to appear for a month. The material was never returned. Distribution of the newspaper has again been halted since the 13 May raid.———————————07.05.2007 – Brother of opposition weekly’s editor jailed againReporters Without Borders today condemned the imprisonment for the second time this year of journalist Houssein Ahmed Farah, a contributor to the opposition weekly Le Renouveau and brother of its managing editor, Daher Ahmed Farah. The state prosecutor yesterday ordered him detained in the capital’s Gabode prison.“The government has been hounding Le Renouveau for years,” Reporters Without Borders said. “After the arrest of four of its employees and the seizure of most of its equipment and material in February, the newspaper had a lot of problems and was unable to publish for several weeks. This is the country’s only opposition newspaper, and the authorities should allow it to operate in a normal fashion, without harassing its staff.”Houssein Ahmed Farah, who is also a member of the opposition Movement for Democratic Renewal and Development (MRD), and Hared Abdallah Barreh, the newspaper’s distribution manager, were arrested at their homes on 3 May by police from the department of criminal and special cases, who held them at their headquarters, on the north side of the capital, and did not tell them the reason for their arrest for two days.Their arrest appears to have been prompted by a report in the newspaper on 26 April linking President Ismaël Omar Guelleh to an alleged “sex scandal” involving Abdallah Hamiri, a businessman from Dubai who, at Guelleh’s request, collects consumer tax at the port of Djibouti, taking over the role previously carried out by the customs department.The report accused Hamiri of sexually abusing one of his female employees. Hamiri did not bring a libel action, but the state prosecutor announced that the newspaper would nonetheless be prosecuted. When Farah and Barreh appeared before the prosecutor yesterday, he ordered Barreh’s release but placed Farah in pre-trial custody. Follow the news on Djibouti Organisation Newslast_img read more