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Posted by: | Posted on: May 31, 2020

Fifa block summer transfers for out-of-contract stars and consider third window

first_imgPREMIER LEAGUE players will be blocked from switching clubs before the delayed end of the season — even if they are out of contract.And Fifa are considering a one-off, third transfer window next term because the summer trading spell will be so short.1 Premier League stars out of contract in July – like Chelsea’s Willian – will be blocked from joining new clubs before the end of the delayed seasonCredit: AFP or licensorsThe likes of Chelsea schemer Willian and Spurs defender Jan Vertonghen will nominally be free agents from July 1.Fifa’s legal director Emilio Garcia Silvero admitted they cannot demand contracts that expire in June be extended.But he revealed they will simply refuse to ratify any attempts to register with another club until the 2019-20 season has been either completed or officially closed.That will avoid players moving for the conclusion of the campaign.Garcia Silvero said: “Fifa cannot extend the contracts beyond June 30 but the transfer windows will not be the same and the players will not be able to be registered.“It means the market will not open on July 1.“And if a loan ends on June 30, the player should return to his club but the window would not be open and the return transfer would not be processed.”Most Read In SportTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battle’I ACCEPT’McGregor accepts Silva fight at UFC catchweight of 176lbs in huge super-fightTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramPicturedA CUT ABOVEMike Tyson shows two-inch cut ‘picked up in training’ ahead of boxing returnPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’The summer transfer window normally runs from July 1 to the start of September, with the other for the month of January.But in the 2020-21 season, a third window is set to be introduced, possibly in October or November.Fifa regulatory director James Kitching added: “This would be dealt with flexibly, as long as the total 16-week transfer  period is not extended.”Premier League to become ‘TV event’ with ‘four matches a day’ behind closed doors at Wembley in June or Julylast_img read more

Posted by: | Posted on: May 14, 2020

Official: agreement for the reduction of salaries in Alavés

first_imgAt the backside of the effort made by the gamers The thought of ​​transferring the entity ahead and stopping it from going to very purple numbers has prevailed, in addition to making sure that each one non-sports workers of the entity can obtain their salaries at the finish of the month. They’re the weakest in this story. ✅ 𝗢𝗙𝗜𝗖𝗜𝗔𝗟: Workers and Technical Corps attain an agreement with the Membership to scale back their salaries– Deportivo Alavés (@Alaves) Could 10, 2020 The membership has issued a press release in which it welcomed the agreement reached and thanked all the events concerned for the effort. A number of days in the past, the most shareholder already gave the footballers the instance of the Baskonia basketball professionals, who had closed an agreement relevant to all Euroleague groups. In it, they waived 20% of the wage in case of not returning to the European competitors and 15% in the event that they play once more.Neither the Alavés gamers nor the membership needed to supply the particulars of the quantity they’ll resign. For now the share has not transcended however that may be a matter of hours with 30 gamers on the campus. As well as, there are additionally educated workers. All the golf equipment have given particulars of the offers however in this case it’s thought of “confidential”.Be that as it could, The ERTE situation in line with which the Asier Garitano gamers stopped receiving 70% of the wage is now not operational. Exercise returns tomorrow and the new situations needed to be closed. Maybe for this motive, Alavés has been one of the final groups to hold out the COVID-19 and medical exams, in addition to beginning coaching after most of the others. The agreement needed to be shelved earlier than returning to Ibaia.center_img Deportivo Alavés has closed the situations for lowering the workers’s wage the day earlier than they return to coaching. They’ve been lengthy and sophisticated negotiations, however they’ve already reached their vacation spot. No less than for now. Dealing with the situations of the subsequent season, fairly related conditions could be reproduced.last_img read more

Posted by: | Posted on: January 19, 2020

Chot Reyes gets back at old foe

first_imgCarpio 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 The two coaches first met when Gilas Pilipinas and El Alma Argentina crossed paths in Seville, Spain as the Filipinos gave the Argentinians all they could handle and even threatened a massive upset against the fifth ranked team in the world which featured the likes of Luis Scola, Pablo Prigioni, and Andres Nocioni. Unfortunately for the Philippines, Argentina got its act together late and eked out the 85-81 win.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSBack on the throneThree years later they met again, with Reyes back in the fray for the Philippines and Lamas now calling the shots for the Akatsuki Five.Reyes welcomed Lamas’ entry to the Asian basketball circuit, saying, “The good thing about playing against good coaches is that it demands you to be at your best.” LSGH completes improbable climb, upsets Mapua for first crown Steam emission over Taal’s main crater ‘steady’ for past 24 hours Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene MOST READ View comments Photo from Fiba.comSmart Gilas Pilipinas’ 77-71 victory over Japan on Friday wasn’t just any other win for coach Chot Reyes. It also allowed him to get back at one of his past tormentors.The outspoken mentor finally scored a victory at the expense of Japan coach Julio Lamas, the same bench tactician who handled Argentina back in the 2014 Fiba World Cup.ADVERTISEMENT Jake says relationship with Shaina ‘goes beyond physical attraction’ Sports Related Videospowered by AdSparcRead Next Coco’s house rules on ‘Probinsyano’ set Jo Koy: My brain always wants to think funny Jake says relationship with Shaina ‘goes beyond physical attraction’ Don’t miss out on the latest news and information. Kiss-and-tell matinee idol’s conquests: True stories or tall tales? OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson It’s too early to present Duterte’s ‘legacy’ – Lacson With Japan down 38-29 at halftime, Lamas made moves that paved way for Japan to fight back from 14 points down using with 12-0 blast that gave them 40-37 lead to set up the close finish.“I think coach Julio made great adjustments to start the third quarter and even took the lead in the third. We had to make our counter adjustments and I think that proved to be important in this ballgame,” he said.Reyes also noted that the coaching landscape in the continent has also improved through the years.“All over Asia, every team have great coaches. It demands you to be at the top of your game and your adjustments, your focus has to be at a very high level because one slip up could mean the ball game,” he said.Reyes will have his hands full again on Monday as he engages on another coaching chess match against Chinese Taipei head coach Chou Chun-san.ADVERTISEMENT LATEST STORIESlast_img read more

Posted by: | Posted on: December 26, 2019

Cristiano Ronaldo to Juventus: 2018/19 Champions League odds revealed

first_imgThe odds for the 2018/19 Champions League have been revealed ahead of the new season, as Europe’s elite prepare to battle it out once again.It was announced on Tuesday that Real Madrid talisman Cristiano Ronaldo will be signing for Juventus, which has of course had an effect on both teams’ chances. 11 three-way race 11 7. Liverpool – 12/1 Where every Premier League club needs to strengthen in January targets The biggest market value losers in 2019, including Bale and ex-Liverpool star =3. Bayern Munich – 8/1 Cavani ‘agrees’ to join new club and will complete free transfer next summer Kevin De Bruyne ‘loves Man City and wants to keep winning’, reveals father =8. Manchester United – 16/1 11 =3. PSG – 8/1 =8. Atletico Madrid – 16/1 Tony Cascarino backs Everton to sign two strikers for Carlo Ancelotti 11 11 Top nine Premier League free transfers of the decade 11 REVEALED Madrid have won the competition for the last three seasons, but have now lost both their manager and star player this summer.The chasing pack will see this as their best chance to finally snatch the trophy away from Los Blancos.You can see the top ten from Skybet’s odds list below. TOP WORK LATEST Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ RANKED =3. Real Madrid – 8/1 =1. Barcelona – 6/1 Man United joined by three other clubs in race for Erling Haaland IN DEMAND 11 11 targets 11 Liverpool’s signings under Michael Edwards – will Minamino be the next big hit? 10. Tottenham – 20/1 =3. Juventus – 8/1 =1. Manchester City – 6/1 LIVING THE DREAM Ronaldo will join Juventus for £99m Latest Transfer News 11 11 moving on Chelsea confident of beating Man United and Liverpool to Sancho signinglast_img read more

Posted by: | Posted on: December 25, 2019

Iraqi baby to receive medical aid

first_img The child has myelomeningocele spina bifida, considered the most severe form, Hudgins said. Baby Noor was given slim chances of survival by her doctors in Iraq, noted Adam Roberts, pastor of Shepherd of the Hills United Methodist Church in Douglasville, the church to which Stone and Morgan belong. The care is to be provided for free, Hudgins said. The surgery and accompanying care would cost $200,000 if it were billed. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! ATLANTA – An Iraqi infant with a severe birth defect began her journey Friday to the United States, where she will receive medical care at the urging of U.S. soldiers who discovered her during a raid. Noor al-Zahra, 3 months old, and her family took off in a military transport plane from the Baghdad airport on the first leg of a trip that was to bring them to Atlanta today. Noor – also known as “Baby Noor” or, to the Americans, “Baby Nora” – was discovered by troops three weeks ago during a raid on a house in Abu Ghraib, the poverty-stricken town west of Baghdad that is home to the notorious prison. The soldiers noticed paralysis in her legs and what appeared to be a tumor on her back, said Debbie Stone, a social worker in suburban Douglasville. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE Soldiers subsequently learned that the child had spina bifida, a birth defect in which the backbone and spinal cord do not close before birth. The “tumor” on the baby’s back was actually a fluid-filled sac containing the spinal cord and membranes that are supposed to cover the spinal cord. It is not yet clear how much physicians will be able to do to help her after she gets to Atlanta, said Dr. Roger Hudgins, the pediatric neurosurgeon who agreed to take the case. Stone received an e-mail about the infant from her friend, Lt. Jeff Morgan, who asked her to see if she could arrange for medical assistance. Morgan and Stone began working to arrange help in the United States, and Children’s Healthcare of Atlanta agreed to treat the child. Doctors have seen e-mailed photos of Baby Noor and received some medical information, but they will need to do a full evaluation before attempting surgery, Hudgins said. last_img read more

Posted by: | Posted on: December 22, 2019

Donegal’s ETB schools open as usual tomorrow

first_imgThe 15 ETB Schools under the direct management of Donegal Education and Training Board (ETB) will not be impacted by the proposed strike day announced by ASTI (the Association of Secondary Teachers of Ireland), scheduled for implementation tomorrow.This is because the majority of teachers who work in the schools and centres under the management of Donegal ETB are members of TUI (Teachers’ Union of Ireland).Dr Martin Gormley, Director of Schools, has advised that Donegal ETB schools have been inundated with calls from parents seeking information on the matter. Speaking today Dr Gormley stated “The message from the Donegal ETB Schools is that our doors are very much open and that all classes and school activities are not affected in any way by the ASTI strike days or by the supervision issue.”There are in total 27 post primary schools in Donegal. The 15 schools under the management of Donegal ETB and who will not be affected by the strike actions are:ABBEY VOCATIONAL SCHOOL, Donegal TownCOLÁISTE AILIGH, Leitir CeanainnCOLÁISTE NA CARRAIGE, CarrickCOLÁISTE PHOBAIL CHOLMCILLE, Tory IslandCRANA COLLEGE, BuncranaDEELE COLLEGE, RaphoeERRIGAL COLLEGE, LetterkennyFINN VALLEY COLLEGE, StranorlarGAELCHOLAISTE CHINEÁL EOGHAIN, BuncranaGAIRMSCOIL MHIC DIARMADA, Arranmore IslandGAIRM SCOIL CHÚ ULADH, CloghanMAGH ENE COLLEGE, BundoranMOVILLE COMMUNITY COLLEGE, MovilleMULROY COLLEGE, MilfordST CATHERINE’S VOCATIONAL SCHOOL, KillybegsDonegal’s ETB schools open as usual tomorrow was last modified: November 7th, 2016 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)last_img read more

Posted by: | Posted on: December 22, 2019

Man described as “plague to town” is remanded in jail by Judge

first_imgA man described as a “plaque on his town” has been jailed.Michael Dowd appeared at Letterkenny District Court in Co Donegal today after breaking his bail conditions. Detective Garda John O’Sullivan said part of his conditions from a previous case on January 8th ordering Dowd to remain drug and drink-free.However, Garda O’Sullivan said there are now four new charges for 20-year-old Dowd for public order offences for incidents in Ballybofey.He said “I’m objecting to bail for this man. He is a plague and a threat to the people of Ballybofey every time he takes drinks and goes down the town.“He becomes extremely aggressive and is dangerous to Gardai. I was here in court when he swore he would not drink but he has not kept that promise.”Solicitor for the accused, Mr Gordon Curley, said his client has an issue with drink but is not a “bad individual” when he is sober.The court was told that Dowd, of Donegal Road, Ballybofey, has completed just 20 hours of a 120-hour community service sentence he received last April.Judge Paul Kelly refused bail and remanded Dowd in custody until next Monday, February 26th.Man described as “plague to town” is remanded in jail by Judge was last modified: February 21st, 2018 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:arrestbailBallybofeycourtdonegaldrunkGardaiMichael Dowdlast_img read more

Posted by: | Posted on: December 19, 2019

Dating of Impacts and Impacts of Dating

first_imgEarth and Neptune were both on stage this week with stories of impacts.  How do scientists know when they occurred?Neptune:  A comet struck Neptune 200 years ago.  That’s what planetary scientists are claiming, according to National Geographic.  The data only “suggests” this explanation, according to Space.com.  Since nobody witnessed the impact in 1810 (Neptune had not even been discovered yet), how do they know?  The data consists of elevated carbon monoxide levels in the outer atmospheric layers of Neptune compared with the lower layers, as measured by the Herschel spacecraft.  According to one of the authors of a paper on the hypothesis, “The higher concentration of carbon monoxide in the stratosphere can only be explained by an external origin,”  Another author added, “From the distribution of carbon monoxide we can therefore derive the approximate time, when the impact took place.”    According to the articles, similar techniques were used on Saturn to suspect an impact about 300 years ago.  The only impacts on gas giants witnessed by humans have been on Jupiter.  Scientists estimate the one that hit Neptune was twice as big as the first fragment of Comet Shoemaker-Levy 9 that struck Jupiter in 1994.Earth:  A new impact crater was found in the deserts of Egypt, according to Space.com – one of the most pristine ever found.  National Geographic has a good picture of it.  Because of its lack of erosion, they estimated the crater formed within the last 2,000 years.  Called Kamil Crater, it is 147 feet in diameter and 52 feet deep.  This leads astrophysicists to estimate the characteristics of the impactor: “Based on their calculations, the team thinks that a 4.2-foot-wide (1.3-meter-wide) solid iron meteor weighing 11,023 to 22,046 pounds (5,000 to 10,000 kilograms) smashed into the desert—nearly intact—at speeds exceeding 2.1 miles (3.5 kilometers) a second.”    Based on estimates of the number of impactors orbiting our region of the solar system, the scientists estimate that 1,000 to 10,000 such impactors should strike earth each million years.  Why are more not found?  An Italian scientist explained, “The reason why they are rare, however, is that, on Earth, weathering rates are high—small craters are usually easily eroded or buried.”For more on crater count dating methods, see this list of search bar results.Which is easier: (1) to make up a story about something in the past that was not observed, or (2) to predict when something will happen?  If planetary scientists can tell us when and where a meteor will strike and form a crater, that would be very impressive.  “Too many variables!” they would rightly complain.  But those same variables are time-independent.  When you see them predicting 1,000 to 10,000 impacts each million years, that would be 4.5 to 45 million craters over the assumed age of the earth.  It smells like a theory-rescuing device to say they were all eroded and weathered away.  Not all portions of the earth erode at the same rate.  Geologists tell us there are some rock outcrops 3.8 billion years old.  Surely some evidence, direct or indirect, of 45 million craters should be detectable beyond the 176 National Geographic said have been discovered.    It appears there is some potential for testing deep time here.  Take the assumed flux of material, the assumed age of the earth, the compositional content of the impacting material, the geological column, reasonable erosion rates, and research the question: is there evidence for this much meteoritic or cometary material in the rock record of our planet?  Let’s not just take the secular geologists’ word for it.  They are wedded to deep time.  It would never occur to them to doubt their spouse: besides, it would be in bad taste.  It’s up to the untied to ask such questions.(Visited 14 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Posted by: | Posted on: December 18, 2019

Swallows edge SuperSport for MTN8 title

first_img25 September 2012Experience was the key, said coach Zeca Marques, as Moroka Swallows edged SuperSport United 2-1 at Orlando Stadium in Soweto on Saturday to lift the MTN8 title for the first time since 1979.“You can’t change a winning formula and you can’t buy experience and this is what we got today,” he said at a post-match press conference.“We won it because of experience. Youth is great, but it’s got to be balanced.“Today we proved that with experience we can achieve things.”‘It’s a great feeling’Marques, who was an assistant coach to Gordon Igesund before Igesund was signed to coach Bafana Bafana, added: “This will go down in my memory forever. It’s a great feeling, a great moment for the team, for the club, for our supporters, for our sponsors.“I’m so happy for the supporters. They have suffered the last few years. I’m so happy for the players, they played like real fighters. They showed what they are made of.”Man of the match Georgi Nergadze produced an industrious performance for the Birds in the midfield and also struck their first goal with a real pearler of a shot from distance.On SuperSport’s side, their best attacking moments came through Sameehg Doutie, who showed off some insightful touches, but was quiet in the second half of the contest.Early chanceMidfielder Felix Obada had a good chance to fire Swallows into the lead in only the second minute when he latched onto a well-weighted through ball on the right hand side. He had plenty of time to shoot, but composure was missing from his effort, which flew wide of the right hand upright.The Soweto club looked to have settled the faster of the two teams as they made the better early impression, but after only five minutes they found themselves behind.Doutie set up Franklin Cale for the score with a superb defence-splitting ball across the top of the goal box, which took advantage of Swallows’ defence line being only slightly out of alignment. It was enough to put Cale five metres clear of the nearest defender, mere metres from the goal.GoalHe met the ball in stride with his left foot and steered it to the right of Swallows’ goalkeeper Greg Etafia, who tried to close down the angle, but was done in by the perfection of the pass.When SuperSport broke up a promising Swallows’ attack on the quarter-hour-mark, Sibusiso Zuma found Doutie in space on the right flank. He then picked out his Cale on the right with a floated pass across the top of the goal box. Cale met the ball on the volley, but his effort was disappointing and was sliced well wide of the goal.The Pretoria club looked good on the counter-attack, but they were caught out with a sucker-punch shortly after that.Swallows’ replySwallows attacked down the right and then brought the ball back inside to Lefa Tsutsulupa. As he made to shoot, the ball was knicked away from him, but it fell to Nergadze, right out in front on the top of the goal box.He pounced on the ball, striking a powerful shot high into the side of the netting to goalkeeper Rowen Fernandez’s right to level the scores at 1-1.Masatsantsa came close to retaking the lead when a free kick from Cale found Fransman in the Swallows’ box, but his header passed narrowly wide of the mark.With just over half-an-hour gone, SuperSport had an excellent opportunity to edge ahead, but it came to nought.One-twoA quick one-two between Doutie and Zuma put Doutie through with only Etafia to beat, but the Swallows’ netminder saved well to his left after he had cut down the angle.A short while later, Etafia dropped the ball from a corner kick, but SuperSport were unable to make him pay for his error.The teams turned with the scores level at 1-1.Cale tested Etafia with a free kick early in the second stanza, but the goalkeeper passed the test.Lerato Chabangu then had a chance to beat Fernandez with a free kick, but his shot passed over the top of the goal.Oh so closeJust before the hour-mark, Swallows came as close to scoring as one can get without actually scoring.They began with an attack down the right before a ball inside found Katlego Mashego in the middle. He attempted a shot, but it was blocked.The ball, however, fell to Nergadze, who found Tsutsulupa with a header on the left. The midfielder crossed, but Fernandez steered the ball away from the goal with a dive and a swat with his outstretched right hand.It fell to Chabangu, who met the ball on the volley and cracked a shot towards goal. Fernandez was unsighted, but somehow it didn’t cross the line as he and Mor Diouf combined to scramble it away.Shape and flowBoth teams created openings without being able to follow through with a finish as the game lost some of its shape and flow.Cale tried out Etafia again with a long-range effort, but the goalkeeper punched his speculative shot from distance away.Chenene was off-target for Swallows from a tight angle and Siyabonga Nomvethe, on as a substitute, then headed wide for the Birds.WinnerOnly three minutes remained when Bennett Chenene beat the offside trap to race onto a lobbed pass. Fernandez came out to challenge him, but Chenene made good use of the bounce of the high pass to direct the ball over the goalkeeper’s head and into the empty net.The Swallows’ players, bench and supporters erupted with joy, while SuperSport’s players’ shoulders slumped. Time was almost up and they knew it.Five minutes of additional time was played, but the score went unchanged and Swallows claimed their first MTN8 title in 33 years.Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Posted by: | Posted on: December 18, 2019

Anglo’s Zimele helps SMMEs

first_imgMampho Selokoma, the enterprising owner of Bustique 244.(Image: bbqonline)MEDIA CONTACTS• Dr Lia VangelatosActing head of Zimele+27 11 638 9111Lucille DavieMining giant Anglo American has not forgotten the little guys – its enterprise development arm Zimele is lending a hand to small and medium enterprises, helping them to grow.With a little help from Zimele, protective clothing manufacturer Bustique 244 has seen its fortunes soar over the past year or so.“Previously, my company was faltering and not operating profitably,” says owner Mampho Selokoma. “However, acquiring Zimele’s assistance has significantly improved my business model, enabled quicker turnarounds, and set me on the road to profitability.”Zimele has been running since 1989 and supports sustainable small and medium enterprises, particularly in rural and peri-urban mining communities.Over a four-year period it has provided R567-million (US$64-million) in funding to black entrepreneurs. Some 1 085 companies have received support through 1 481 loans, collectively employed 19 575 people, and achieved a collective annual turnover of R2.4-billion ($270-million).Breaking into the marketBustique 244 manufactures quality and tailor-made protective clothing, primarily boiler and conti suits, used in the mining and construction sectors. A conti suit is a two-piece workman’s overall.The word zimele comes from Zulu and Xhosa and means “to be independent” or “to stand on one’s own feet”.“This support has also enhanced Bustique 244’s future prospects, as doors have been opened recently for potential orders with Anglo American’s supply chain, including its Kumba Iron Ore, Platinum and Thermal Coal businesses,” adds Selokoma.Selokoma says she has been in business since 2006, after extensively researching the protective clothing industry. Spotting a gap, she started small but in the past year or two she has been able to scale up with assistance from Zimele and the Department of Trade and Industry (DTI).“While Bustique 244 demonstrated great potential, the company was faltering because its owner Mampho Selokoma lacked the business experience, skills and financial resources to break into the market and achieve long term gains,” says Dr Lia Vangelatos, acting head of Zimele.“Zimele identified that it could make a real difference in the prosperity of Bustique 244, by offering financial support, as well as mentorship in key facets of her business.”Bustique 244 satisfied Zimele’s key criteria: that it has the capacity to grow substantially, and that it will create employment within the sector.“As such, Zimele is highly satisfied with what Bustique 244 has achieved thus far, as the company has not only gone from strength to strength, but has made real difference to the prosperity of the local community,” adds Vangelatos.Zimele provided a loan of R809 000 ($91 000) to Bustique 244 in 2011 – this enabled the company to take on an order from construction company WBHO, which built three of the 2010 World Cup stadiums and is involved in the King Shaka Airport in Durban, the Gauteng Freeway Improvement Project, and the ongoing Kusile Power Station, among others.The DTI has provided a R1-million loan ($112 000) to Selokoma for machinery.Secret of successSelokoma was born in Soweto, and holds qualifications from the Wits Graduate School of Public Development Management, and the Graduate Institute of Management Technology.She has worked in the retail banking, corporate and tourism sectors, in particular Pepsi Cola International, South African Breweries, Katekane Investments, and South African Tourism, for the past 20 years.Her secret to success is that she has been scrupulously careful about paying back the loans as soon as she receives payment from the contractors.“They know we are reliable, and like what we are doing,” says Selokoma. She sees reliability as her competitive advantage, together with the good quality of her products, and delivering on time. This has given the confidence to apply for more loans in the future.Selokoma employs four permanent staff, and takes on extra workers on a contract basis. She operates in the Northern Cape and Gauteng, and recently offered 80 workers temporary contracts in the Cape. She is confident that as the company grows she will take on more permanent staff.“We are growing in leaps and bounds. We can market freely, knowing that the future is good,” she enthuses.Selokoma was invited to speak at the 2012 Enterprise Development conference, held in Midrand in November. She saw it as an opportunity to “provide a considerable boost to her career aspirations, but inspire others to match her business achievements”, according to the BBQ website.Four funds for businessesZimele has four funds that focus on emerging black businesses. The Supply Chain Fund focuses on procurement and business development opportunities for black-owned and managed SMEs within Anglo American’s supply chain.The Khula Mining Fund manages mining-related investments as a joint initiative with Khula Enterprise Finance Limited, a government entity that promotes SME development.The Community Fund supports entrepreneurs and small businesses in the communities in which Anglo operates, by means of loan finance and hands-on guidance and support from a network of small business hubs.The Green Fund targets investment opportunities that specifically focus on environmental risks and improving the long-term environmental welfare of local communities. Areas of particular focus include reducing carbon emissions, energy and water consumption, and improving waste and emissions management, as a contribution to sustainable development.last_img read more