‘We’re trying’: Thibodeau offers update on Butler situation Nadine Lustre’s phone stolen in Brazil Gov’t to employ 6,000 displaced by Taal Thirdy Ravena became Ateneo’s de facto playmaker with nine points and six assists.Aljun Melecio carried La Salle’s offense with 21 points on 5-of-18 shooting with seven rebounds.RELATED VIDEOhttps://web.facebook.com/inquirersports/videos/2068953749816041/ Sports Related Videospowered by AdSparcRead Next Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Phivolcs: Slim probability of Taal Volcano caldera eruption Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES Tim Cone, Ginebra set their sights on elusive All-Filipino crown Don’t miss out on the latest news and information. Allen Durham still determined to help Meralco win 1st PBA title For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. The Blue Eagles improved to a 5-1 record, half-a-game behind leader Adamson University which holds a 5-0 card, while the Green Archers dropped to a 3-3 slate and managed to hold on to the fourth spot.Ateneo meant business early on and outscored the Green Archers 16-8 in the second quarter to take a 28-21 lead heading into the break.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThat seven-point lead eventually ballooned to 17 in the third quarter when Tyler Tio scored on three-pointer with seven seconds left in the period for the 50-33 buffer off a 7-0 Ateneo run.“We just focused on what we had to do and we did it well,” said Ateneo assistant coach Sandy Arespacochaga who was aware of the effect the returning Kib Montalbo had on La Salle’s overall performance. MOST READ View comments Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Ateneo took care of business and overpowered De La Salle, 71-55, in the rivals first matchup of the UAAP Season 81 men’s basketball tournament Saturday at Mall of Asia Arena.ADVERTISEMENT Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Montalbo injured his right thumb late September and was expected to miss almost a month of action but he forced his way and suited up for the Green Archers in their game against the Blue Eagles.“We had a strategy on playing defense and that was the big emphasis coming into this game.”Ateneo limited La Salle to just 18 field goals in 62 attempts and that stifling defense also translated to 28 turnovers on the part of the Green Archers.The Blue Eagles’ non-stop pressure also forced the Green Archers to a lot of one-on-one situations with La Salle tallying just three assists while Ateneo had 14.Angelo Kouame put up 20 points, 13 rebounds, and five blocks for Ateneo while Anton Asistio added 12 points.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew
By Shemuel FanfairLess than two weeks after being apprehended by Police in Berbice, Mark Royden Williams, called “Smallie”, along with another accused, Sherwin Nero, also known as “Catty”, appeared at the Demerara High Court on Tuesday in connection with the murder of businessman Kumar Singh, called “Mango Min an” which occurred 10 years ago.Mark Royden Williams, called “Smallie” along with Sherwin Nero, also known as “Catty” appeared at the High Court on TuesdayOn August 30, 2007, four gunmen invaded Singh’s Cove and John, East Coast Demerara home during which the businessman was shot and killed. It was in July 2008 that the two suspects were initially charged for the capital offence but the duo, escorted to court amid heavy security on Tuesday, could not enter pleas due to the defence’s objections that offered several citations to support its case.Nero has a pending constitutional motion which contends that nine years waiting for a trial violates Article 144 of Guyana’s Constitution which stipulates for an accused to have a trial within reasonable time.Murdered businessman Kumar Singh, called “Mango Man”Defence Counsel for the two accused, Nigel Hughes, cited Justice Simone Morris-Ramlall’s recent ruling that the State breached the constitutional rights of former murder accused, Basil Morgan who was committed to stand trial in October 2014 after being arrested in 2010.Hughes in his address before Justice Brassington Reynolds told the court that the murder charges against the two should be discharged but the Judge granted the prosecution time to respond to his objections. In his lengthy application, Hughes cited a recent Caribbean Court of Justice (CCJ) determination that a period of six years was not reasonable time for an accused to be granted trial. Hughes, however, conceded that the CCJ did not arrive at arithmetic calculation to specify what a reasonable time was.The attorney further explained that Nero intended to rely on a now deceased witness who had offered an alibi for the whereabouts of the accused, contrary to the State’s case placing “Catty” at the scene of the crime. This witness died two years ago which was some three years after the Preliminary Inquiry (PI) was finally closed in 2012. The defence said either the prosecution could impose an indefinite stay on the murder indictment or the court should discharge the case without trial.State Prosecutor Shawnette Austin relayed to Justice Reynolds of the State’s request for time to respond as the prosecution was not given instructions on Nero’s pending constitutional motion.Williams escaped prison in July 2017 after being sentenced to death in February for the 2008 Bartica massacre. During his escape, prison officer Odinga Wickham was killed and the century old prison was reduced to ashes. Williams was recaptured on October 9, 2017 on his way to Suriname. He was a passenger in a minibus which was intercepted at Weldaad, West Coast Berbice.The case came up for High Court trial in June 2014 but was prevented from continuing due to an objection by one of the then three accused. The next hearing for the current case is set for November 23.
For information, call Sgt. Dan Lowe, (562) 945-8250. Suspicious package causes evacuation WEST WHITTIER – Two businesses were evacuated and traffic was diverted Thursday morning for about 35 minutes after a suspicious package was discovered near Washington and Pioneer boulevards, sheriff’s officials said. The package turned out to be a roll of magazines, said Deputy Ruben Duran. It was found at about 10:45 a.m. by an employee of Cedar Pine Construction, but sheriff’s arson-explosives officials determined it was harmless, Duran said. Concert to end symphony’s season WHITTIER – “Festive Finale,” a free concert marking the end of the Rio Hondo Symphony’s 74th season, will be held at 3 p.m. Sunday in the Vic Lopez Auditorium at Whittier High School, 12417 E. Philadelphia Ave. Included will be solos by two winners of the group’s annual Young Artists Competition. Connie Kim-Sheng, 15, pianist from La Crescenta, will perform Prokofiev’s “Piano Concerto No. 1 in D Flat Major.” She is a sophomore at Flintridge Preparatory High School. The winner in the woodwind and brass category was Angela Marie Cross, 20, an alto saxophonist from Northridge, who will perform the “Alto Saxophone Concerto” by Henri Tomasi. Wayne Reinecke, completing his 19th year as conductor and music director, will begin the afternoon with Smetana’s “Overture” from the “Bartered Bride.: The concert will end with Deliebes’ “Sylvia Suite.” For more information, call (562) 947-5907. Interfaith dialogue set for Monday NORWALK – Cerritos College and the Global Consortium will hold an interfaith dialogue with Judea Pearl, father of slain journalist Daniel Pearl, at 7 p.m. Monday in Room 155 of the Wilford Michael Library and Learning Resource Center on campus, 11110 Alondra Blvd. American University professor Akbar Ahmed and a representative from the United Nations will also participate in the event. Judea Pearl founded the Daniel Pearl Foundation, through which he has worked with Ahmed, chair of AU’s Islamic studies program. The pair have jointly received the 2006 Purpose Award for fighting intolerance, conflict and terrorism through dialogue and exchange. For more information, call John Haas, (562) 860-2451, Ext. 2726. Peace coalition to show movie WHITTIER – The Whittier Area Peace and Justice Coalition will present the movie, “The U.S. vs. John Lennon,” at 7 p.m. May 3 at St. Matthias Episcopal Church, 7056 Washington Ave. For more information, call (562) 587-6270. – From staff reports 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WHITTIER – The Whittier Police Department will hold a checkpoint targeting drunken drivers today. The checkpoint will run from 10 p.m. today to 3 a.m. Saturday in the area of Whittier Boulevard and Mills Avenue. The checkpoint is part of the department’s efforts that coincides with the “Drunk Driving. Over the Limit. Under Arrest” nationwide campaign. The message to the public in part will be, “report drunk driving – call 9-1-1.” Funding for the program comes from a grant from the California Office of Traffic Safety through the National Highway Traffic Safety Administration. Officers also will be checking for unlicensed motorists or those who are driving with a suspended license.
But can any of Rodgers’ critics honestly, hand on heart, claim that a different line up would definitely have led to a better result?Would the inclusion of Glen Johnson, Steven Gerrard, Mario Balotelli, Dejan Lovren, Jordan Henderson, Philippe Coutinho and Raheem Sterling magically have denied Madrid victory?All the ‘Liverpool have a proud European heritage’ talk in the world can’t hide the fact that, at this moment, Madrid are on a different level. That is not defeatist, it’s a fact.The current Champions League holders had won 11 consecutive games going into the Liverpool game, and their scoring sequence was as follows: 5-8-5-2-2-5-5-3-3-4-4.Liverpool had lost three, drawn two and won two of their last seven Premier League games, and lost their last two Champions League matches, including a 3-0 humbling at Anfield against Madrid.There were men in red sat on the subs bench at the Bernabeu who recently laboured to defeat at Newcastle, Basel and West Ham, as well as at home to Aston Villa and Madrid, and a tedious 0-0 draw with Hull at Anfield.And yet their exclusion from the starting line up was supposedly trampling on Liverpool’s history. Being comprehensively outclassed 3-0 on home turf was surely more embarrassing.Indeed, the respective form of both clubs meant that, before the line ups were announced, an ex-Liverpool player told talkSPORT his old club faced “an impossible job in Madrid… I don’t think I’ve ever said that about a Liverpool fixture before.”Meanwhile, Andy Gray told us the Reds were in for a “torrid time” in the Spanish capital.As it was they lost 1-0 to quite probably the best team in Europe right now. Disappointing? Yes. Shaming the history of Liverpool Football Club? Get a grip.For an alternative view, see what this Liverpool legend had to say: ‘RODGERS HAS ALIENATED A LOT OF FANS‘ 5 5 5 The Telegraph’s Henry Winter pursued the trampled heritage theme in his match report… 5 5 And the tabloids got stuck in, too… The hand-wringing over Liverpool’s line up against Real Madrid in the Bernabeu is truly nauseating.Brendan Rodgers made a calculated decision to change his team and it made sense. Losing 1-0 to the best team in Europe doesn’t change that.Gary Lineker was quick to accuse Rodgers of admitting defeat before a ball was kicked and criticised his team selection in light of “Liverpool’s stature”. All very emotive, but successful football managers don’t make decisions based on emotion, and a successful manager is what Rodgers is trying to become.The Northern Irishman utilised his squad with another demanding match coming up, against runaway Premier League leaders Chelsea. Juggling resources is what the biggest and best clubs do, but only time will tell if Rodgers can do it successfully.Rather than ‘throwing a white towel’ – which is an insult to the 11 players selected by Rodgers – you could easily argue Liverpool’s manager dropped a load of underperforming players.Those men will now be fresh for the Chelsea game and quite possibly hungry to prove a point.On top of that, the players selected at the Bernabeu acquitted themselves well, and Liverpool hero Dietmar Hamann has told talkSPORT that he wouldn’t be surprised to see some of the so-called ‘second string’ start against the Blues.Meanwhile, the fact Liverpool lost 1-0 in Madrid has increased the criticism of Rodgers’ team selection. Liverpool’s team was much changed for the match at Real Madrid
The Donegal choir singer who claims she was verbally abused by a priest will not step inside her church again as long as he remains there.Singer SaraSara Laughlin says she cannot go back into St Bridget’s church in Lettermacaward after a fall-out with Fr Shane Gallagher.Ms Laughlin and Fr Gallagher have both disputed the chain of events in which the singer claims left her in tears after being accused of singing a popular music song. Bishop Philip Boyce yesterday intervened in the row and gave Sara an assurance that the matter has been resolved.Teacher Ms Laughlin said she accepted this assurance from Bishop Boyce but said she did not know how the matter will be resolved.“I cannot return to that church as long as Fr Gallagher is there because I am still afraid after what happened between us.“The Bishop has given me an assurance it will be resolved and I have to take him at his word. Fr Shane Gallagher“He apologised to me and said this was not a Diocesan opinion but the opinion of one person.“He said he has heard me perform before at Knock and really enjoyed it.“He asked me to put my faith in him that this matter would be resolved and I am doing that,” she saidHowever, in a statement issued yesterday by his solicitor, Fr Gallagher said he was not aware of what resolution had been arrived at.Fr Gallagher said he now hoped to draw a line under the matter and serve the people of his parish. It is not believed that Bishop Boyce was aware that Fr Gallagher was issuing a statement on the matter.Fr Gallagher said he remains unaware of any details which may resolve the matter.“I was happy to learn of the announcement that this matter has been resolved. I was not a party to the resolution of it and did not in any respect contribute to it, nor did I have any advance notice of it.“As of 12.05 p.m. today, I remain unaware of any details of the resolution announced. I wish to take this opportunity to refute the allegations made against me. “I am hurt and appalled that a private conversation with Ms. Sara Laughlin regarding the suitability of a particular song she sang at Communion time, during a Mass I celebrated last Saturday evening for her grandmother and uncle, has been so unfairly distorted and that, in consequence, I have been so vilified and abused in the social media over the past 36 hours.“In the interests of the people whom I serve in Leitirmacaward and Doochary, I hope to be permitted draw a line under the matter and, to this end, I will be making no further comment,” he said in his statement.Ms Laughlin said she has received huge support from friends, family and complete strangers since the incident occurred on Saturday night.Among those who contacted who was up to nine different priests whom she knows through her work with the church.“I didn’t go on to Facebook to start any campaign against Fr Gallagher.“But I had to write down what happened to me and to explain to people why I would not be singing at my church again.“But the entire issue took on a life of its own as people felt I was very badly treated,” she said.SINGER VOWS TO STAY AWAY FROM CHURCH UNTIL BISHOP RESOLVES ROW was last modified: October 8th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Fr Shane GallagherLettermacawardSara Laughlin
LETTERKENNY hospital breast cancer consultant Michael Sugrue was part of a new agreement hammered out by local TD Joe McHugh and Health Minister Leo Varadkar in Dublin today.Earlier this week Mr Sugure had complained that he was being prevented from doing his job because of cutbacks and a transfer of services to Galway. This was denied.Today’s meeting on Cancer services at Letterkenny General Hospital was attended by Senior members of the Saotla University Hospital Group, HSE, NCCP, Department of Health as well as a number of Donegal cancer community groups and Oireachtas members, Minister for Health Leo Varadkar and Minister of State Joe McHugh. The TDs welcomed “very positive discussions and agreements” in addressing the current challenges facing the cancer care unit at the hospital.It was agreed at the meeting that the application for a General Surgeon will be submitted by the end of April, appearing before the Committee in May; the re-advertising of two GP positions for the Unit to help support the current team; the submission of a locum to be appointed from within the Saolta Group. Discussions will take place over the coming weeks regarding the arrangements for that locum.It was also confirmed that the process of recruiting an Advanced Nurse Practitioner for the unit had commenced. This post has been approved with the aim of providing long term support to the Unit and was welcomed by those at the meeting.Commenting on the meeting, Minister Varadkar, “I welcome the constructive outcomes from this meeting and commend all sides for working together in order to benefit both the women of Donegal who avail of the service, but also for the staff. These measures will ensure the long term sustainability of the important services.” Also commenting on the meeting, Minister of State Joe McHugh TD, “I would also like to thank those who attended this morning’s meeting.“There was a genuine spirit for joint cooperation from all the relevant parties today and the commitments given by both the Saolta Group, and the HSE in terms of supporting the long term viability of the hospital is both a welcome relief for those who avail of the service but also to the women of Donegal and the staff at the hospital who work so hard.“In addressing the current backlog at the hospital, assurances were given that the current waiting list for referral patients would be cleared by the beginning of April and the Saolta Group again reiterated their firm commitment to the services continuing at LGH while encouraging continued cooperation between LGH and Galway University Hospital.” BREAST CANCER CONSULTANT AGREES WAY FORWARD AFTER MEETING WITH VARADKAR AND McHUGH was last modified: February 27th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:cancer servicesdonegalJoe McHughLEO VARADKARletterkennyMICHAEL SUGRUE
Four Donegal tourism projects have received much-needed funding boosts to the tune of almost €200,000.Donegal Minister Joe McHugh has welcomed funding for the four projects under the Leader programme.The four projects are in Killybegs, Bruckless, Dunfanaghy and Kerrykeel. “This is great news for different parts of the county and a great mix of heritage and community ideas,” Minister McHugh said.“The Leader programme is a hugely valuable support for local projects and community work.“I am delighted to see ideas being backed like the Bruckless Railway Community Park and gas lamp restoration in Dunfanaghy.“Alongside that there are plans to restore the old school community centre in Kerrykeel and a sea safari from Killybegs. “All four projects have the opportunity to bring a new dimension to their area whether it’s by engaging more with the local community or offering something new to attract people to the area.”The Leader projects which have been approved for funding are* €12,300 for a feasibility study on the development of Bruckless Railway Community Park and Playground on a 3 acre site beside the community centre.* €17,792 for Dunfanaghy Tidy Towns to install a replica of the original gas Lamp onto the existing plinth in the Market Square.* €66,337 for Internal renovation of the Old School Community Centre in Kerrykeel * €115,230 for Killybegs Sea Safari to purchase and construct a rigid Inflatable Boat for sea tours.Minister McHugh said: “The investment is really significant, not least the backing for the renovation works in Kerrykeel and Killybegs Sea Safari.“All the projects have an ambition to bring something to their communities and that is what Leader support is all about. Fingers crossed for great results for these projects in the coming months and years.”Four Donegal tourism projects get €200,000 in funding was last modified: August 6th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
Chelsea were this morning assessing the condition of striker Fernando Torres, who missed training yesterday because of illness.The Spaniard is expected to be passed fit to join the Blues squad for Saturday’s match against Bolton.Torres is likely to be among the substitutes at Stamford Bridge, where Chelsea will be looking for their first win in six games.Follow West London Sport on TwitterFind us on Facebook
If Will Rogers never met a man he didn’t like, science never metaphor it didn’t force. The history of science is replete with examples of metaphors not only trying to explain phenomena, but actually driving scientific research. Many times thoughtless metaphors have said more about current social values than science. So argued Mary Midgley, a “a freelance philosopher, specialising in moral philosophy,” in an article on New Scientist:The trouble with metaphors is that they don’t just mirror scientific beliefs, they also shape them. Our imagery is never just surface paint, it expresses, advertises and strengthens our preferred interpretations. It also usually carries unconscious bias from the age we live in – and this can be tricky to ditch no matter how faulty, unless we ask ourselves how and why things go wrong, and start to talk publicly about how we should understand metaphor.The article was developed from her book, The Solitary Self. But did her conclusion learn the lessons of history? Here is a short list of metaphors she found in science over the centuries:Nature, the clock: Scientists in Newton’s day envisioned the world as a mechanical clock wound up by God.Nature, the billiard game: Early atomists interpreted everything as colliding billiard-ball atoms. Rousseau applied this to “social atomism.”Nature, the war of all against all: Thomas Hobbes’ metaphor of a war of individuals “accidentally launched a wider revolt against the notion of citizenship,” Midgley said. “The slogan made it possible to argue later that there is no such thing as society, that we owe one another nothing.”Nature, the capitalist: Laissez-faire capitalism, Midgley argued, is an application of atomism to economics.Nature, the competitor: Spencer and Darwin used the metaphor of competition to interpret nature, although Midgley asserts that “Charles Darwin actually hated much of it, flatly rejecting the crude, direct application of natural selection to social policies.” Whether or not his emotions against competition were derived from science or from his cultural milieu is another question.Nature as selfish genes: “Evolution has been the most glaring example of the thoughtless use of metaphor over the past 30 years, with the selfish/war metaphors dominating and defining the landscape so completely it becomes hard to admit there are other ways of conceiving it,” Midgley complained.Nature as self-organization: D’Arcy Thompson, Brian Goodwin, Steven Rose and Simon Conway Morris have worked on the metaphor of unfolding organic forms, “a kind of self-organisation within each species, which has its own logic.” Contrary to the long-held view of nature red in tooth and claw, Goodwin has written that humans are “every bit as co-operative as we are competitive; as altruistic as we are selfish.”So did Midgley argue that we need to rid science of metaphors? No; she proposed new and better ones suitable for the 21st century – the language of integrated systems:Now the old metaphors of evolution need to give way to new ones founded on integrative thinking – reasoning based on systems thinking. This way, the work of evolution can be seen as intelligible and constructive, not as a gamble driven randomly by the forces of competition. And if non-competitive imagery is needed, systems biologist Denis Noble has a good go at it in The Music Of Life, where he points out how natural development, not being a car, needs no single “driver” to direct it. Symphonies, he remarks, are not caused only by a single dominant instrument nor, indeed, solely by their composer. And developing organisms do not even need a composer: they grow, as wholes, out of vast and ancient systems which are themselves parts of nature.She did not reveal whether she is an admirer of John Cage’s “chance music,” but his kind of music seems to be the only kind that emerges without a composer. All other symphonies are usually composed and performed by intelligent design. It could be argued, though, that even John Cage purposefully chose to produce his works in certain directed ways. He had to choose to sit at a piano, for instance, and decide not to play for 4 minutes and 33 seconds, turning pages at pre-designed “movements.” For the metaphor to work, Cage would have had to step aside and do absolutely nothing – but even that would be a choice.Metaphors bewitch you (07/04/2003). If Mary Midgley wants to criticize earlier scientists for imposing their social values (like competition) on nature, then how can she avoid being criticized for imagining nature to be a self-organizing system? The next philosopher in future years could just as easily sneer at Midgley’s own misguided conceptions of nature, just as she sneered at evolutionists for being guilty of the most thoughtless uses of metaphor. Is it even possible for humans to perceive nature without metaphors? If you look at the list, all of the suggested metaphors have presupposed intelligent agency: clocks, billiards, warfare, competition, selfish genes, symphonies. Intelligence in the atomistic view is a little harder to spot, until you recognize that colliding atoms presuppose natural laws: spherical shapes, and consistent physics of collisions. Theists draw on the metaphor of a Creator as Architect, Designer, Maker, and Overseer. That is how God describes himself. So if every other metaphor already presupposes intelligent agency, then theism must be the most accurate one. Metaphors, therefore, can be true. If metaphors are inescapable, the symphony one is a good one. God becomes the composer and conductor, His creatures the obedient yet skilled musicians, the instruments the capabilities, skills and talents he has endowed on his works. The music is extended in time, with moments of tension and relaxation, periods where the listener is uncertain where the work is headed, but all working toward a planned finale. Remove the sheet music and the conductor, though, and you get nothing but endless tuning exercises that all sound alike. Eventually the musicians leave and the music stops, having gone nowhere. John Cage might be happy, but not the rest of us, who know design when we see it and hear it. The fact that audiences vastly prefer Mozart to John Cage just might reveal something about reality.(Visited 184 times, 1 visits today)FacebookTwitterPinterestSave分享0
23 October 2006Africa received record high foreign direct investment (FDI) inflows of US$31-billion in 2005, with good prospects for another increase in 2006, the United Nations’ trade and development body said last week.Releasing its World Investment Report 2006, the UN Conference on Trade and Development (Unctad) said that FDI inflows into Africa grew by 78% in 2005 compared to 2004, driven by a sharp rise in corporate profitability and high commodity prices over the past two years.“Prospects are good for another increase in 2006 given high project commitments, large numbers of investors eager to gain access to resources, and a generally favourable policy stance for FDI in the region,” Unctad said in a statement.The share of foreign direct investment in fixed capital formation projects in Africa also increased, Unctad said, from 12% in 2004 to 19% in 2005.However, the report noted that Africa’s FDI inflows in 2005 were mostly concentrated in a few countries and industries, while its share of global FDI remained low at about 3%. Sub-Saharan Africa’s US$17.9-billion share of global investments, for example, was dwarfed by the US$34.5-billion which flowed into Western Asia in 2005.But viewed in relation to average earnings, sub-Saharan Africa had a promising year.“In relation to its gross domestic product, sub-Saharan Africa’s foreign direct investment was quite high – 30.2% compared to 22.7% worldwide,” Dirk Willem te Velde, a trade and investment specialist with Britain’s Overseas Development Institute, told Associated Press.The UN defines FDI as ownership of at least 10% of a firm by a foreign company. Economists take both inward and outward FDI as signs of a healthy economy.SA gets biggest, most diversified shareAccording to Unctad’s report, South Africa was Africa’s largest FDI recipient in 2005, experiencing a sharp jump in inflows to $6.4-billion – 21% of Africa’s total – from only $0.8-billion in 2004. This was thanks mainly to Barclays Bank’s $5.5-billion acquisition of SA’s Absa Bank.Investment Inflows to South Africa were also the most diversified in 2005, being channelled into energy, machinery and mining as well as into banking, which received the largest share.Africa’s top 10 recipient countries – South Africa, Egypt, Nigeria, Morocco, Sudan, Equatorial Guinea, the Democratic Republic of Congo, Algeria, Tunisia and Chad – accounted for close to 86% of the continent’s total FDI, with eight of these countries receiving over $1-billion in FDI.At the other extreme, Unctad noted, FDI inflows remained below $100-million in 34 African countries, many of which have limited natural resources and low manufacturing capacity “and, as a result, are among the least integrated into the global production system.“Some countries have also experienced political instability or civil war in the recent past, which destroyed much of their already limited production capacity.”The report also found that FDI inflows to Africa were concentrated in a few industries, notably oil, gas and mining. Six oil-producing countries – Algeria, Chad, Egypt, Equatorial Guinea, Nigeria and Sudan – accounted for about 48% of the continent’s investment inflows.Africa’s FDI outflows, according to the report, remained small in 2005 and came from a few countries – with Egypt, Liberia, Libyan Arab Jamahiriya, Morocco, Nigeria and South Africa accounting for over 80% of total outflows.The continent’s largest transnational companies were also from a small number of countries. “In 2004, nine of the top 10 non-financial African transnational corporations ranked by foreign assets were South African,” Unctad said. These were:Sasol (petrochemicals)Sappi (paper)MTN (telecommunications)Steinhoff (household goods)Barloworld (diversified industrial)Naspers (media)Nampak (packaging)Gold Fields (metals)Datatec (Information technology)Sasol (16th) and Sappi (23rd) were also ranked among the top 25 transnational firms from developing countries.Textile firms pull outThe report found that a number of transnational corporations in the textile industry had pulled out of Africa because quota advantages for African countries declined after the end of the Multi-fibre Arrangement (MFA) in 2005.“Although countries such as Kenya, Mauritius, Lesotho, Swaziland and Uganda had begun to receive FDI for their textile and apparel industries due to the African Growth and Opportunity Act (Agoa), the trend changed following the end of the MFA in 2005,” the report states.“In Mauritius there was a 30% contraction in the volume of garments manufactured in 2005 following the departure of Hong Kong (China)-owned companies. In Lesotho, six textile TNCs closed, with a loss of 6 650 jobs.“The setback demonstrates that the impact of trade-related initiatives can be short-lived in Africa, where domestic capabilities are inadequate for quickly absorbing and continuing production processes.“It also underscores the fact that Africa’s industrial progress requires competitive production capacity, in addition to better market access and more welcoming regulatory frameworks.”SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo material