Gamma Civic Limited ( 2006 Annual Report

first_imgGamma Civic Limited ( listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2006 annual report.For more information about Gamma Civic Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Gamma Civic Limited ( company page on AfricanFinancials.Document: Gamma Civic Limited (  2006 annual report.Company ProfileGamma-Civic Limited is a Mauritian company that provides services in construction, building materials, civil engineering contracting, equipment hiring, hospitality, lottery, corporate secretarial services, energy, trading activities, plant, and property investments. The segments that the company operates through are building materials, contracting, investments, lottery, corporate services, and others. Gamma-Civic Limited is listed on the Stock Exchange of Mauritiuslast_img read more

Diamond Trust Bank of Kenya Limited ( 2009 Annual Report

first_imgDiamond Trust Bank of Kenya Limited ( listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2009 annual report.For more information about Diamond Trust Bank of Kenya Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Diamond Trust Bank of Kenya Limited ( company page on AfricanFinancials.Document: Diamond Trust Bank of Kenya Limited (  2009 annual report.Company ProfileDiamond Trust Bank of Kenya Limited is a financial services and insurance group providing products and services to clients in Kenya, Tanzania, Uganda and Burundi. The company offers a diverse range of products for transactional banking as well as a full service offering for mortgages, asset financing and an insurance premium finance facility. Its treasury services include spot and forward foreign exchange transactions, cross currency swaps and deals, fixed income securities, corporate bonds, fixed income securities, structured treasury products and money market products. Its trade finance services include letters of credit, documentary and clean collections, negotiation of export bills, suppliers credit financing and bank guarantees. Formerly known as Diamond Trust of Kenya, the company changed its name to Diamond Trust Bank Kenya Limited in 1997. Its head office is based in Nairobi, Kenya. Diamond Trust Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

Stock market volatility is spiking again! This is what I’d do now with FTSE 100 stocks

first_img Enter Your Email Address Royston Wild | Thursday, 14th May, 2020 | More on: SMDS SSE Image source: Getty Images. Is anyone really surprised that investor confidence has begun to sink again? The fluid nature of the coronavirus crisis, allied with the huge economic and political implications of the pandemic, always meant that more stock market volatility was likely. The FTSE 100 index for one is currently down 220 points in Thursday trade and dealing at three-week lows.Another indicator of this rising tension is illustrated by today’s spike in the VIX gauge. The so-called Fear Index has jumped to its highest level since mid-March, a time when market makers were of course selling everything, including the kitchen sink.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…Sage adviceIs the start of fresh volatility something that long-term investors need be concerned with, though? Not likely. When it comes to calculating the returns from your shares portfolio 10, 20, or 30 years from now, the impact of current choppy conditions will hardly make a dent.That’s not to say that investors should ignore the social, macroeconomic, and geopolitical issues that are shaking investor confidence today, however. Indeed, I recently explained why the Covid-19 outbreak – again a major strain on stock markets in Thursday business – could have serious long-term implications for banking stocks.As I say, though, the volatility itself shouldn’t put you off from pursuing your investment goals. Instead, share pickers should be using fresh falls across share bourses as an opportunity for some savvy dip buying. Warren Buffett famously opined that “be fearful when others are greedy and greedy when others are fearful.” When the Sage of Omaha speaks, it’s clearly worth sitting up and taking notice.Buy some FTSE 100 starsAgain, any rounds of dip buying are unlikely to make a massive difference to overall profits over the longer term. But we all love to nab a bargain, right? And these new drops on the FTSE 100 make some terrific blue chips look even more attractive.Take DS Smith as an example. As a shareholder in the packaging play myself, I consider the 22% share price dip during the past three months as an inconvenience and nothing more.This is a Footsie share that has roughly trebled in value since 2010 and one which, owing to its terrific geographic span across both developed and emerging markets and its focus on the exploding e-commerce segment, should create mighty returns over the next decade too. Its low forward price-to-earnings (P/E) ratio of 11 times provides brilliant value in light of all the above.I don’t own SSE shares but I consider this one to be too cheap to miss, too. It carries an undemanding P/E multiple of around 14 times and a mighty 6.5% dividend yield. This share has fallen 26% in value since mid-February, an even greater decline than that of DS Smith. It’s a mystery to me given that the utilities giant’s operations won’t be subject to the same near-term cyclical headwinds as the boxbuilder. It therefore looks quite oversold in my book and, like many other FTSE 100 companies, worthy of serious attention. “This Stock Could Be Like Buying Amazon in 1997” 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. Royston Wild owns shares of DS Smith. The Motley Fool UK has recommended DS Smith. 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. Simply click below to discover how you can take advantage of this.center_img Stock market volatility is spiking again! This is what I’d do now with FTSE 100 stocks 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! 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. 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. See all posts by Royston Wildlast_img read more

Scottish Mortgage is down 20%: should I buy today?

first_imgScottish Mortgage is down 20%: should I buy today? Enter Your Email Address See all posts by Roland Head Get the full details on this £5 stock now – while your report is free. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Roland Head has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon and Illumina. The Motley Fool UK owns shares of NIO Inc 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. FREE REPORT: Why this £5 stock could be set to surge Image source: Tesla Our 6 ‘Best Buys Now’ Sharescenter_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. 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. Simply click below to discover how you can take advantage of this. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. The Scottish Mortgage Investment Trust (LSE: SMT) has become a superstar of the UK fund sector in recent years. The trust’s positions in growth stocks such as Tesla, Amazon and NIO have paid off with big gains.The Scottish Mortgage share price has risen by 120% over the last year, compared to a gain of just 35% for the FTSE All-Share Index. Over 10 years, the results are even better. SMT is up by 670%, versus a gain of just 23% for the FTSE All-Share.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…However, there may be trouble in paradise. Although SMT’s managers have taken profits on big winners such as Tesla in recent months, the firm remains heavily exposed to such names.The recent correction we’ve seen in US tech stocks has hit SMT’s share price, which has fallen 20% since peaking on 15 February. I’m wondering whether this could be an opportunity for me to buy Scottish Mortgage shares for my portfolio — or whether it’s the start of a larger slump.How I’m approaching thisScottish Mortgage is an investment trust. In simple terms, it’s a company that invests its own money in other companies. Investors can buy shares in Scottish Mortgage to benefit from growth in the trust’s portfolio.This means that to understand the valuation of the trust, I need to look at its shareholdings. The largest holdings will have the biggest impact on SMT’s share price, so I started with these.At the end of January (the latest data available), Scottish Mortgage’s five largest holdings were Chinese e-commerce group Tencent, genetic sequencing firm Illumina, online mega-giant Amazon, and electric car firms Tesla and NIO.Are these top stocks heading for a crash?All of the five stocks I’ve listed are growing fast. They all have strong valuations, but I have to admit Tencent, Illumina, and Amazon don’t look as expensive as I expected.In a market sell-off, I’d expect these firms, and many of SMT’s other holdings, to suffer short-term losses. But from the top five holdings I’ve listed, the only two that concern me are Tesla and NIO.NIO has yet to turn a profit. I don’t know when it will. This makes valuation difficult, in my view.The situation with Tesla is a little more complicated. This business is larger and more developed — and it is profitable. However, even the best business in the world is a bad investment if it’s too expensive. And this is what I think about Tesla.With a market-cap of £465bn, Tesla is valued at twice the combined value of Ford, BMW, Volkswagen, and General Motors. That just doesn’t make sense to me. I think Tesla’s valuation has got too far ahead. Many years of growth are already priced into this business, in my view.Scottish Mortgage: my verdictMost of Scottish Mortgage’s investments look expensive by conventional measures. But the trust’s growth record suggests to me its managers are skilled at looking ahead and spotting businesses that can change the world.Even so, SMT’s exposure to Tesla and other electric vehicle companies is too risky for me to accept. If big US tech stocks enter a period of correction, I think Scottish Mortgage’s share price could have a lot further to fall. I’m not comfortable buying at the moment. Roland Head | Thursday, 11th March, 2021 | More on: SMT last_img read more

England v Wales: The Preview

first_imgFinishersChris Ashton has cut a solitary figure out wide in England’s first two foreign forays, but he is undoubtedly a world-class finishing talent, so expect any glimmers of a half-chance to be snaffled up with relish by the wing. Ashton and David Strettle will have to use all of their defensive nous to keep the Welsh wide men at bay. Fergus McFadden and Greig Laidlaw have both found to their detriment in the first two games that getting in front of North and Cuthbert, is the easy part, but stopping them with a sniff of the tryline, is an altogether different proposition.VerdictOn paper, even though England have a home-advantage, it looks like Wales’ game to lose. They have more experience, power and shown more finishing prowess than the hosts to date, but sport has a funny way of upsetting the perceived natural order, and England, under Stuart Lancaster, will go into the game with nothing to lose. Expect the hosts to come out with credit after a valiant performance, but for the Welsh to take the game by four points. I’ll say, Wales 23-19 England. Enjoy the game!England v Wales, Twickenham, Saturday 25th February, ko: 4pm, LIVE BBC1England: Foden; Ashton, Tuilagi, Barritt, Strettle; Farrell, Dickson; Corbisiero, Hartley, Cole, Botha, Parling, Croft, Robshaw (capt), Morgan.Replacements: Webber, Stevens, Lawes, Dowson, Youngs, Flood, Brown.Wales: Halfpenny, Cuthbert, J Davies, Roberts, North, Priestland, Phillips, Jenkins, Owens, A Jones, AW Jones, Evans, Lydiate, Warburton, Faletau LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Coaching mind gamesUnusually, there have been no ‘famed’ Gatland barbs thrown in the direction of Twickenham. Not yet anyway. Whether that’s out of respect for rookie international coach, Stuart Lancaster, or whether he has encountered one public backlash too many – his comments about a prop faking an injury in the wake of the Rugby World Cup semi-final didn’t go down too well – no one will know, but for the moment, the mutual respect between opposing camps is almost unheard of.BackrowsDavid Strettle will be desperate for some attacking ballWales have their inspirational captain Sam Warburton back and we will soon see if his dead leg against Ireland has dulled any of his scavenging instincts around the breakdown. England’s own No 7, captain Chris Robshaw has acquitted himself well, but this will surely be the toughest test yet for a player who doesn’t regularly play at openside for his club, Harlequins. Elsewhere Tom Croft will be looking to get around the park and do his bit at the back of the lineout, while the destructive Ben Morgan will be hoping to smash a few holes in the Wales defensive line to free his support runners. Wales will assign Dan Lydiate to be  Morgan’s silent assassin, a brief he fulfilled so effectively against Sean O’Brien at the Rugby World Cup. Toby Faletau, who has been relatively quiet so far in the competition, will also be looking to make plenty of ball carries deep into England territory.HalfbacksMuch has been made of the fledgling England half-back combination, and rightly so. To say England’s No 9 and No 10 are wet behind the ears is an understatement, they have just three caps between them, so expect the always abrasive Mike Phillips to try and give Lee Dickson a verbal and physical assault for 80 mintues. If England can get on the front foot however, Dickson can provide the quick service to a flat-lying Owen Farrell to test the Wales backline. The duel between the seemingly nerveless Farrell and Rhys Priestland, who was similarily mistrusted for his inexperience before coping with such aplomb again England in August, will be fascinating. Free of the shackles of kicking responsibility, expect Priestland to be at his creative best, trying to unleash the Welsh juggernauts in midfield Manu Tuilagi will bring added ballast to the England midfield against WalesOwain Jones, Rugby World EditorThe big one. At least for those fans either side of Offa’s Dyke. 2012 is a very rare vintage in the recent history of these great rivals because Wales will amble out at Twickenham as nailed-on favourites, for only the second time in quarter-of-a-century. Even in 2008 where they gained a first win in 20 years, in the 26-19 win, Wales still went in as long-shots. This week, England have been trumpeted as underdogs, but history tells us the margins will be wafer-thin. England currently edge the all-time table with 56 victories to Wales’ 54, so expect a ‘seat of the pants’ thriller.New boys v big boysFollowers of the Red Rose may well shift uneasily in their seats when they realize this is England’s most inexperienced First XV since 1989. A bold selection by Stuart Lancaster sees an England side which has amassed just 182 caps between them, with seven starters boasting less than three caps. Compare this to Wales’ bench which has 230 caps and you can see why the visitors hold the advantage when it comes to experience. Another area Wales have the edge is size. Only Leigh Halfpenny stands under 6ft in their backline, and five of their backs, Mike Phillips, Jamie Roberts, Jonathan Davies, George North and Alex Cuthbert weigh in at over 16 stones. It is a truly gargantuan backline and England give away more than two stones a man to their adversaries, but the England defence is nothing if not resolute and they will not be giving yards away cheaplyPunchy: Mike Phillips will look to put pressure on DicksonSet-pieceOne of Wales’ few weak points is in the lineout. After misfiring all-too frequently during the Ireland and Scotland games, they will be hoping the inexperienced Ken Owens can find his jumpers on a regular basis. Warren Gatland will have certainly parachuted in the experienced Alun Wyn Jones to shore up any weaknesses. Correspondingly, Stuart Lancaster will want England debutant Geoff Parling to be delivering his team-mates with clean ball off the top and Dylan Hartley to be at his miscreant best, trying to upset the Welsh rhthym. Up front, Alex Corbisiero had his best game for England against Italy and Dan Cole is maturing into a fine tighthead, but they’ll be up against Lions props Adam Jones and Gethin Jenkins, for who the term ‘world-class’ is regularly bandied about.center_img England’s Left Wing David Strettle (L) catches the ball as Scotland’s Dave Denton (R) comes in to make a tackle during the 6 Nations International rugby union match between Scotland and England at Murrayfield Stadium in Edinburgh, Scotland on February 4, 2012. England won the game 13-6. AFP PHOTO / ADRIAN DENNIS (Photo credit should read ADRIAN DENNIS/AFP/Getty Images) Replacements: Hibbard, James, R Jones, Tipuric, L Williams, Hook, S WilliamsReferee: Steve Walshlast_img read more

Ulstrasound backlog at LGH should be cleared in six weeks – HSE

first_imgNews Ulstrasound backlog at LGH should be cleared in six weeks – HSE 75 positive cases of Covid confirmed in North Pinterest Further drop in people receiving PUP in Donegal By News Highland – August 29, 2012 Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Facebook Google+ WhatsAppcenter_img Twitter Main Evening News, Sport and Obituaries Tuesday May 25th Google+ Twitter RELATED ARTICLESMORE FROM AUTHOR WhatsApp Previous articleFour-day digital technology and media conference gets underway in DerryNext articleHogan predicts backlash against people not paying household charge News Highland The HSE says a waiting list for ultrasound scans at Letterkenny General Hospital should be cleared wihin six weeks, after extra sessions were organised and an imaging room dedicated to the backlog.A direct referral system has been in place for three years between Donegal Primary Care, GPs in the county and the hospital. However, the HSE says since February, a backlog has developed, with 550 GP referrals awaiting scans at the moment.The HSE says the waiting list grew due to a number of factors, including staff on maternity leave and an increase in GP referrals. Outpatient ultrasounds and emergency referrals continued to be carried out as normal. 365 additional cases of Covid-19 in Republic Gardai continue to investigate Kilmacrennan firelast_img read more

Mac Lochlainn says Seanad may hold key to resolving bin charge controversy

first_img WhatsApp 365 additional cases of Covid-19 in Republic By admin – June 17, 2016 Facebook Padraig MacLochlainn who narrowly lost out on a seatA Donegal Senator says the Seanad has the power to scrap the new “Pay by Weight” waste charging regieme.After some waste companies indicated standing charges could increase by as much as 200% in some cases, Sinn Féin is to move a motion in the Seanad next Wednesday seeking to prevent that from happening.The Government has threatened bin collection companies with fresh regulations.However Senator Padraig McLochlainn says if the Government don’t stop the system entirely, the motion will be put forward and is expected to be passed…………Audio Player Up/Down Arrow keys to increase or decrease volume. WhatsApp Pinterest Mac Lochlainn says Seanad may hold key to resolving bin charge controversy Twitter Facebook Homepage BannerNews Man arrested on suspicion of drugs and criminal property offences in Derry center_img Google+ Twitter Previous articlePete Donegan wins Donegal Snooker ChampionshipNext articleGRA reject Assistant Commissioner’s station closure comments admin RELATED ARTICLESMORE FROM AUTHOR 75 positive cases of Covid confirmed in North Main Evening News, Sport and Obituaries Tuesday May 25th Further drop in people receiving PUP in Donegal Pinterest Google+ Gardai continue to investigate Kilmacrennan firelast_img read more

Two men wrongfully convicted of murder freed after 43 years behind bars

first_imgkickstand/iStock(NEW YORK) – There were bullet holes in the window screen and the curtains, but the main witness said the two shooters were inside and at the foot of her bed.The witness said she saw the muzzle flashes from two guns, but ballistics testing said that the bullets at the scene were fired from only one gun.People at a nearby party said they heard the gunshots, and if the shots were fired inside the bedroom, auditory testing said that wouldn’t have been possible. And there were dozens of people at that birthday party down the street from the shooting that would have testified that the suspects were at the party — therefore providing an alibi — that weren’t called as witnesses during the trial.But these pieces of evidence and the shifting story of the witness were not considered during a two-day trial in 1976, and two men landed in jail as a result. One was sentenced to death, and the other was sentenced to life in prison.On Thursday, they are walking free after a review of their case prompted the newly-formed Conviction Integrity Review (CIR) division of the State’s Attorney’s Office in Florida determined that they “no longer has confidence in the integrity of the convictions or guilt of the accused,” according to a report on the state’s investigation.Clifford Williams, who is now 76, and his nephew Nathan Myer, who is 61, had their convictions vacated. The last time they were free men, they were 33 and 18-years-old, respectively.They each spent 43 years behind bars for a murder that not only did they not commit, but that someone else had confessed to years after the killing.“I feel very happy, and very sad that it took 43 years,” said Margaret Good, the attorney who represented Clifford Williams during his appeal.Good, who retired from law last year, said that she “had just started in the public defender’s office” months before she was assigned his case. She told ABC News that because various evidence — including the ballistics data and witness testimony — was not presented in the original trial, it was not part of the record and “in the appeal you only get what’s in the record.”The murder in question was the May, 1976 shooting death of Jeanette Williams, who was not related to Clifford Williams but was renting an apartment from him when she was murdered.Nina Marshall, who some witnesses said was in a romantic relationship with Jeanette Williams at the time, was in bed with her and was also shot by the assailant but survived and escaped the apartment and flagged down a passing car to get help.The case largely rested on Marshall’s account of the shooting to police — which, investigators note in the report, “changed significantly over time.”Marshall was the one that said that there were two shooters inside the bedroom, and subsequently identified Williams and Myers as the shooters. The report notes that prior to the shooting Williams was a “well-known heroin dealer and had a significant record.”Both men have maintained their innocence throughout the process, including on the morning of the shooting.At one point, Myers — a recent high school graduate whom witnesses said had received a scholarship to play football in college — was offered a deal if he testified against his uncle, but declined it, according to the state report.Myers was the one who ultimately got himself and his uncle out of jail. After reading a newspaper article in prison about the creation of a unit in Florida to review wrongful state convictions, he wrote a letter detailing their case.In that letter, he also included a copy of an affidavit from a man who said that another person — Nathaniel Lawson, now deceased — had confessed to the 1976 murder.“I just can’t imagine that,” Good said of the idea that Myers knew that someone else had confessed to the crime, but they were still the ones being held legally responsible.The CIR unit released a 77-page report on the case and their subsequent review, which includes the accounts of dozens of witnesses who were at the party when the shots rang out.Those witnesses, according to the report, placed Myers and Clifford Williams at the party when the shots rang out. The report also included the account of the man who heard Lawson’s confession and the findings of the investigation which were able to independently place Lawson at the scene. “While no single item of evidence, in and of itself, exonerates Defendant Myers or Defendant Williams, the culmination of all the evidence, most of which the jury never heard or saw, leaves no abiding confidence in the convictions or the guilt of the defendants,” the report states.“It is the opinion of the CIR that these men would not be convicted by a jury today if represented by competent counsel who presented all of the exculpatory evidence that exists in this case fort the jury’s consideration,” the report states.Myers thanked the State’s Attorney’s Office and the Innocence Project of Florida, who filed the motion necessary for their charges to be cleared and who helped in their representation.“I lost almost 43 years of my life that I can never get back, but I am looking ahead and will focus on enjoying my freedom with my family,” Myers said in a statement released by the State’s Attorney’s Office.Florida is one of 33 states that compensate individuals who were wrongly imprisoned and subsequently exonerated. The state stipulates that individuals can receive $50,000 per year that they were wrongfully convicted but with a cap of $2,000,000. The compensation law excludes anyone with either one prior violent felony or more than one non-violent felony.Myers will be eligible for such compensation, but Williams will not: The Florida Times-Union reports that Williams had two prior felonies before the 1976 shooting. Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Legal immigrants with jobs in the marijuana industry are being denied US citizenship

first_img(ABC News) Oswaldo Barrientos stands outside the mayor’s office in Denver after meeting about immigration and the marijuana industry. (DENVER) — Denver Mayor Michael Hancock sat at a round wooden table, shaking his head in disbelief before dropping his head into his hands in his sprawling downtown office Tuesday afternoon.He was listening to a group, including two permanent legal U.S. residents, tell him the federal government is crushing their dreams of full citizenship and even threatening their ability to travel without fear of detention, all because of their employment in Colorado’s nearly two-decade-old legal marijuana industry.Medical marijuana has been legal in Colorado since 2000, and recreational weed became legal in 2014. But cannabis is still illegal in the eyes of the federal government, meaning agencies like the Department of Homeland Security’s U.S. Citizenship and Immigration Services (USCIS) can simply ignore the marijuana laws of Colorado and 33 other states — not to mention the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands.Oswaldo Barrientos said he and his mother emigrated from El Salvador 29 years ago — when he was a baby — and he got his green card at 13. By the time he turned 30, he felt it was time to finally trade it in for full citizenship.“The American life is the only life I’ve known and lived,” he told ABC News.But Barrientos said he felt blindsided during his citizenship interview last fall when the immigration officer suddenly started asking questions about his job at a marijuana dispensary, without first explaining the potential consequences of his answers.“From that second, I was trapped,” said Barrientos. “I was led down a path to confess in my interview that I broke the law, that I willingly had known that I had broken the law.”Barrientos’ immigration lawyer, Bryce Downer, said citizenship interviews typically have a comfortable vibe until, at some point, it “takes another turn.”“By the end, they’ve led you down this path to openly admitting you’ve engaged in felonious activities and you’ve essentially admitted to drug trafficking, drug distribution and drug manufacturing, which for immigration purposes, can be viewed as an aggravated felony or a controlled substance violation,” said Downer.Barrientos was not charged with any crimes. But a couple weeks after his interview, he says he received a denial letter in the mail. The reason, according to the letter, was that working in the marijuana field constitutes a lack of “good moral character.”The federal government’s recent scrutiny of legal permanent residents working at marijuana dispensaries came as a shock, says Kristi Kelly, executive director of the Colorado-based Marijuana Industry Group.“There was a significant change in federal enforcement priorities with the administration change between President [Barack] Obama and President [Donald] Trump,” Kelly said.USCIS says it’s simply enforcing the law.“Marijuana is illegal under federal law, and, as a federal agency, USCIS is required to adjudicate based upon federal law,” said spokeswoman Deborah Cannon in a statement. “Despite state laws that may allow medical marijuana use, the Supreme Court has held that Congress’ authority under the Commerce Clause empowers it to prohibit drug distribution and possession, even if the prohibited activities are not also illegal under state law.”Cannon added that USCIS “evaluates each case on its unique circumstances, and examines each case based upon its unique circumstances to determine whether an individual merits a favorable exercise of discretion in order to grant adjustment.”In a letter sent Wednesday to U.S. Attorney General William Barr obtained by ABC News, Hancock asked the Department of Justice to provide guidance to its employees to correct what the mayor calls an “injustice.”“Denver believes hardworking and law-abiding immigrants should be allowed to participate in the legal cannabis industry without fear that such participation will disqualify them for lawful residency in the United States or prevent the opportunity to obtain permanent citizenship,” the letter reads. “We respectfully request that the U.S. Department of Justice uphold Colorado’s states’ rights by respecting our voters and providing guidance to all DOJ employees clearly indicating that legal immigrants shall not be penalized for working in the legitimate cannabis industry.”“Denver understands the need for federal laws and regulations regarding citizenship and immigration, but we are seeing the heartbreaking effects that those federal laws and regulations are having on our residents,” Hancock wrote.Kelly says her group has tried to spread the word to the immigrant community since first hearing about the federal crackdown in the summer of 2017. The group quickly produced a public service announcement in English and Spanish.“When you’re talking about breaking up families,” Kelly said, “education is the only way we can effect any kind of change.”National nonprofit groups, like the Immigrant Legal Resource Center, have also begun warning immigrants about tangling with weed.Statistics on how many people have been denied citizenship because of their ties to the marijuana industry were not immediately available, Cannon said.“I thought I was a shoe-in” for citizenship, admitted Barrientos, one of two legal residents who attended the Tuesday meeting with Denver city officials. “Twenty-nine years of me being here, not breaking the law in any way, at least on a state level. I’ve done everything by the book.”Barrientos got a job at a marijuana dispensary after learning his mother was diagnosed with stage 3 melanoma in 2014.“I didn’t get into it because I’m some kid in his mom’s basement, bored, and all he does is smoke pot,” he said. “I truly am interested in the benefits this industry can bring on a medicinal level.”Barrientos said after his denial letter, he became afraid to leave the country — something he said he never even considered until speaking with Downer and his team at NOVA Legal, an immigration law firm in Denver.“The first thing they told me was, ‘Do not travel internationally,’” Barrientos said. He had been planning a trip to the Cayman Islands with his girlfriend and her family.Downer said the risk is real.“If he were to travel outside of the United States and come back in, he will likely be detained because it’s now part of his official file,” said Downer.Samantha — a 29-year-old health care worker who asked to not use her real name because she fears government reprisal during her appeal process — faces a similar battle, even though she hasn’t worked in the marijuana industry for years.Samantha told ABC News she immigrated to the U.S. from Europe as a young girl. Now a legal permanent resident, she was also recently denied citizenship. She worries about traveling on her European passport to visit a sick 94-year-old relative because she may be detained if she tries to re-enter the United States, her home since age 7.“All she says she wants to do before she passes away is see me,” she said, referring to her family member. “[And I want to] tell her that I love her, that she’s always with me no matter what happens.”Samantha said she worked at a dispensary for less than a year.Oswaldo Barrientos stands outside the mayor’s office in Denver.“One of the things I remember learning in [one college class] was about the benefits of cannabis and the research that has come out and is being done right now. And I remember how helpful it’s been for PTSD, for our veterans and reducing anxiety and cancer,” she explained. “I thought this would be a really wonderful field to get into, and I would feel like I’m helping people. That’s all I’ve ever wanted to do in my life.”Samantha said she had a similar experience to Barrientos when she applied for her citizenship.“I went in and sat down with the officer. He was very nice, he was personable,” Samantha said. “He asked, ‘Were you actively involved in the exchange of money for marijuana goods?’ — which I was. I would work at the cash register.”She received her rejection letter a few months later in the mail, with the government also citing a “lack of moral character” for her work in the industry.Toward the end of Tuesday’s meeting, Hancock apologized to Barrientos and Samantha.“I’m sorry this is happening to you. This is horrible,” Hancock told them.Hancock promised to use his “bully pulpit” to draw attention to the issue and said he’d send a letter to U.S. Attorney General William Barr asking for further clarification.Both Barrientos and Samantha are appealing their decisions, but their lawyers said it will be a lengthy and expensive process that may end in the same result.“I’m American. Denver is my home. I feel as native as anybody else who had been born here,” said Samantha. Copyright © 2019, ABC Radio. All rights reserved.last_img read more

British Gas creates training academy

first_imgRelated posts:No related photos. British Gas creates training academyOn 8 Oct 2002 in Personnel Today British Gas has created its own engineering academy to tackle the sector’sskills shortages. The academy pulls together all of British Gas’ engineering training and willco-ordinate engineering recruitment, skills training and apprentice developmentacross the company. Rod Kenyon, director of the British Gas Engineering Academy, said thecompany had decided to tackle the shortage of skilled engineers head on. “Engineers are the public face of the company, carrying out more than 6million jobs in customers’ homes every year. The move underlines our commitmentto investing in people, skills and training to meet the future needs ofcustomers.” The new academy will work closely with external bodies, including theGovernment and the utilities industry to promote engineering training and toreduce skills shortages. Earlier this year British Gas announced it was hoping to recruit anadditional 3,000 engineers over the next three years. Kenyon said although the company is on target to recruit the numbersrequired, skills shortages are particularly acute in London and it isdeveloping a programme to entice more people from the capital into trainingapprenticeships. He said shortening the length of apprenticeships meant they can now becompleted in a year, making a career at British Gas more attractive. Previous Article Next Article Comments are closed. last_img read more