MoneyGram Renews Confidence in Liberia

first_imgMoneyGram (NASDAQ : MGI), one of the world’s leading money transfer services with over 20,000 branches in Africa, has emphasized its confidence in the Liberian financial sector and reiterated its interest in supporting the financial inclusion agenda of Liberia. MoneyGram is one of the top two international money transfer institutions in Liberia; with its windows at all commercial banks and key business outlets across the country.A statement issued by the company Monday announced that Mr. Francois Peyret, MoneyGram International’s Regional Director for North &West Africa, is undertaking a working tour of Liberia to beef up its business platform in the country. Mr. Peyret’s visit to Liberia today marks what could be the first senior executive visit to the country by a major global financial institution.Whilst in Liberia, Mr. Peyret will hold high-level business development discussions with CEOs and executives of key players in the financial sector and inaugurate the Monrovia Mini-Van Branding Project of MoneyGram.Mr. Kunle Olamuyiwa, the regional operations manager for Anglophone West Africa, and Mrs. Kemi Okusanya, regional business development manager Anglophone West Africa, will accompany Mr. Peyret on the tour. Both executives are members of the MoneyGram North &West African team.On the future of the brand in Liberia, Francois Peyret noted: “Our ambition is to double our network of MoneyGram points of sale in Liberia in the next five years and become the dominant preferred choice for money transfer. To achieve this we shall continue to work with our partners to aggressively offer the best proposition and price to Liberians around the world. We shall continue to be a good corporate citizen, adhering to international best practice on compliance and service quality. We shall innovate and support the Central Bank and the Finance Ministry’s agenda of bringing more Liberians into the financial sector. To achieve this, we are seriously considering introducing our mobile solutions in Liberia that would allow mobile phones to send and receive transactions. As we all know mobile phone penetration exceeds back account penetration by a factor of approx. 1:5 and we intend to leverage this.”MoneyGram offers over-the counter money transfer services in Liberia through its agent partners namely: International Bank, FIBank, LBDI, UBA, Ecobank, Global Bank, GT Bank &Afriland First Bank.Through these agents MoneyGram is now available all over Liberia, in almost 100 locations. From inception to date, MoneyGram International announced that it has undertaken over 2,000,000 transactions valued at over US$500 million, which is a direct cash flow into the Liberian economy.According to MoneyGram, the service is a critical lifeline, allowing Liberians in the Diaspora— especially in the United States— to send money home to loved ones for upkeep, healthcare and education.MoneyGram disclosed that it has invested over a million United Sates dollars in the last five years to market its proposition in Liberia. “Efforts here more recently,” the company added “have included donations of school items-notebooks, waste bins, cash awards, etc. to various high schools and universities valued at over US$50,000.”There has also been a donation of logistics materials to the Monrovia City Corporation in 2010 in addition to various consumer reward schemes like the recently ended Double-Double promo (where lucky customers got their transactions doubled).The brand is currently reputed to be the most popular money transfer in Liberia, with the best price offer in the market, starting at only US$2.00 for sends out of Liberia.MoneyGram, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions, to meet their financial needs. MoneyGram offers money transfer services worldwide through a global network of 327,000 agent locations — including retailers, international post offices and financial institutions — in 200 countries and territories. MoneyGram also offers bill payment services in the United States and Canada.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Earlier snowfall than 2012 unlikely in Fort St. John

first_imgThe first fall dump last year was posted as 4.4 centimetres on October 10th, but it was followed by about 83 more before the month was over. In 2011 it took until the 21st of the month before any snow was recorded, and then it was only 2.2 centimetres, and that was all we got for the entire month. 2010 was the year the airport station recorded 1.8 centimetres on September 1st, and by the end of that month it had received 43 centimetres, which was about seven more than we got in October of that year. According to Environment Canada records, that’s the earliest date Fort St. John has received snow in the last half of the year in this century, but the agency has snowfall records for this city for every month of the year. – Advertisement -In fact the daily record amount for August is about 23 times the average snowfall for that month. We officially received 18.5 centimetres on August 17 in 1973, even though the monthly average is 0.8 centimetres. The July average is zero, but on the 4th of the month in 1999 Environment Canada officially recorded 0.4 centimetres.last_img read more

Chief questions politics behind OPPs revelation it reviewed botched Thunder Bay police

first_img(Stacy DeBungee was pulled from a Thunder Bay river in 2015.)Jorge BarreraAPTN National NewsAn Ontario First Nation leader is questioning the motivation behind the Ontario Provincial Police Commissioner’s decision to reveal the force reviewed Thunder Bay police’s botched death investigation of an Indigenous man found in one of the city’s rivers.Thunder Bay police said Tuesday it had no plans to release the OPP report.OPP Commissioner Vince Hawkes on Monday issued a statement revealing his police force had “recently completed” a review of Thunder Bay police’s flawed investigation into the death of Stacy DeBungee, an Ojibway man, who was pulled from the McIntryre River at 9:30 a.m. on Oct. 19, 2015.Hawkes’ statement was aimed directly at Rainy River First Nation Chief Jim Leonard, Nishnawbe Aski Nation Grand Chief Alvin Fiddler and Grand Council Treaty 3 Ogichidaa Francis Kavanaugh who held a press conference last week criticizing the OPP for refusing to investigate the DeBungee case. The three leaders also called for the RCMP to step in and investigate DeBungee’s case because the region’s Indigenous communities had lost faith in the Thunder Bay police and the OPP.Leonard responded in a letter sent to Hawkes Tuesday questioning the OPP top cop’s motive in suddenly revealing the review of the case. The news came as a surprise to DeBungee’s family and to private investigator David Perry who broke open the case after finding four people who had contact with DeBungee before his death—people who were never interviewed by Thunder Bay police.“That you now announce that a review has been ‘recently’ conducted by the OPP is surprising and troubling for several reasons. Why keep this from the family or me in the face of all our requests dating back to July 2016?” said Leonard in the letter which was also carbon copied to Ontario Premier Kathleen Wynne. “Why did you announce this development publicly on June 5, 2017, without a word of notice to me or the family? Why a mere “review” of the TBPS file when what we sought was an independent investigation? What does “recent” mean? Is it coincident with our letter seeking the intervention of the RCMP?”Leonard’s letter also itemized a number of requests made by the chief, his lawyer, and the DeBungee family for the OPP to review the case. Each of those requests were met with silence from the OPP, according to the letter.In an interview Tuesday, Perry told APTN he was not contacted by the OPP in the course of their review. Perry’s own investigation revealed serious flaws in how Thunder Bay police handled DeBungee’s death. Perry, a former top Toronto police homicide detective, quickly found four people who were with DeBungee the evening before his death. Perry told APTN DeBungee’s debit card was also used after his death and that his identification cards were strewn at the scene along with identification belonging to another individual who has not yet been tracked.Thunder Bay police spokesperson Chris Adams said in an emailed statement the OPP review of the case would not be released because it “is an investigative report.”The chiefs also want the RCMP to investigate the cases of Tammy Keeash, 17, who was living in a group home and found dead in the Neebing-McIntyre Floodway on May 7 and of Josiah Begg, 14, who was found dead in the McIntyre River on May 18.Serious questions still remain around the deaths of three of seven First Nation youth who were the subject of a coroner’s inquest which ended in June 2016. Five of the seven youth died in Thunder Bay’s waterways and three of those deaths were found to be “undetermined.”Perry said there is a strong possibility foul play could be behind some of these deaths. The scenario has also been raised by lawyer Julian Falconer, who represented the Nishnawbe Aski Nation during the inquest. The prospect is additionally heightened by at least two separate cases of Indigenous men who were attacked and thrown into a city waterway.The city’s police service was recently rocked after its police chief J.P. Levesque was charged with breach of trust and obstruction of justice by the OPP for allegedly disclosing confidential information about Thunder Bay Mayor Keith Hobbs.jbarrera@aptn.calast_img read more

Ford is investigating its US emissionscertification process

first_img Post a comment Share your voice 2020 BMW M340i review: A dash of M makes everything better 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value Ford Preview • 2019 Ford Ranger: Bad mudder trucker News • 2019 Ford Ranger recalled for improperly assembled seatbelts 2019 Ford Ranger: It’s got the look More From Roadshow Fordcenter_img Tags More about 2019 Ford Ranger Car Industry Enlarge ImageFord is looking into the way it tests fuel economy for new vehicles, starting with the 2019 Ranger. Emme Hall/Roadshow Ford announced Thursday that it has opened an investigation into its process for certifying vehicles for US fuel-economy and emissions tests. Ford stresses that the investigation is not about the existence of “defeat devices,” as was the case in VW’s Dieselgate scandal. Rather, the automaker is looking into its road-load calculations.Road-load calculations are used for evaluating a vehicle’s rolling resistance and thus for configuring dynamometers used to test for fuel economy and emissions. Engineers can check the mathematical models used to create the road-load figures with coast-down tests, which involve checking how far and for how long a vehicle continues to coast in neutral.Ford does not believe thus far that any testing errors caused errors in terms of fuel-economy figures. “There’s been no determination that this affects Ford’s fuel economy labels or emissions certifications,” the company said in a statement.Ford opened the investigation after “a handful of employees” reported concerns about the tests in September. The automaker says it has hired an outside firm to investigate its road-load testing, as well as a lab that will conduct more coast-down tests. Moreover, the company is looking into “potential changes to our road-load modeling process.” Ford also voluntarily shared information on its investigation with the EPA and the California Air Resources Board.Ford is starting its review by evaluating how it tested the 2019 Ford Ranger, and says that it is also assessing some of its other vehicles.There’s some recent precedent for this type of investigation. In 2014, Hyundai and Kia paid a $100 million civil fine because they had miscalculated road-load data for as many as 1 million vehicles, resulting in incorrect fuel-economy ratings. 2020 Hyundai Palisade review: Posh enough to make Genesis jealous 36 Photos Review • 2019 Ford Ranger review: A midsize truck champ 0last_img read more

IT policy looks to transform Bengal into techproficient welfare society

first_imgKolkata: The Information Technology (IT) policy of the Mamata Banerjee government is aimed at transforming Bengal into a knowledge driven, technologically enabled welfare society, with extensive use of IT for increasing employment opportunities and promoting the state as a preferred investment destination.Chief Minister Mamata Banerjee had formally unveiled the IT policy of the state government on Monday, from the venue of the foundation stone laying ceremony of Silicon Valley IT hub at New Town, which was made available on the website of the state IT&E department on Tuesday.”Our emphasis will be on harnessing emerging technologies to be amongst the top global performers in IT and to spread relevant skillsets in expanding the workplace to areas such as digital marketing, 3D printing, animation, gaming, data analysis, big data and contributing to the electronic value chain. We will forge partnerships for promoting emerging technologies and PPP will be encouraged,” a senior official of the state IT department said.In a significant step to attract the IT companies in the state, the IT department will offer specific fiscal incentives that include 50 percent waiver of property tax for a period of 12 years (as per section 102B of West Bengal Municipal Act 1993) and extra 15 percent Floor Area Ratio (FAR) for IT buildings.”The Incentive Policies offered by the state department of Commerce and Industry and MSME department will be followed mutatis mutandis,” the official maintained.The fiscal incentives assume significance with the Mamata Banerjee government averse to special economic zone (SEZ) status for land to the IT players.”There will be an innovation platform to highlight the achievement of local companies and their cutting-edge research in the field of IT&E will be recognised. We are also coming up with a Centre for Innovation at Bantala, known as Sector VI in the administrative parlance,” the official added.The government is already focusing on creating clusters and hubs on analytics, fintech, animation, hardware etc.last_img read more