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Mike Tyson packs a punch on his visit to India, says best boxers come from the slums

first_imgWhen asked about the opportunity to make it big in the UFC during the prime of his career, he said: ” I don’t know. They don’t pay a lot of money in MMA … I would not have worked without money,” which lead to crowd gathered to burst into laughter.  COMMENT SUBSCRIBE TO US While the India-Bangladesh Asia Cup 2018 final played on the television sets of a packed media room, Mike was asked if he followed cricket. “I know cricket. I know you hit the ball with a stick. It’s a bit like baseball in a way,” he concluded.READ: Asia Cup 2018: India Beat Bangladesh To Lift Title For The Seventh Time Session ID: 2020-09-09:f4219591c436ad515fe98adc Player Element ID: video_player_5f5864196c870 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen Written By ”Its just different because they are not the big personalities “Now they are all straight guys and I was a young kid going wild, always getting into trouble. I was always in the papers. The new guys are all focused on boxing. The difference is they are not personalities. These guys are straight gentlemen.” His sheer presence had drawn a crowd of fans, who circled the boxing champ by flashing their cameras and reveling chants of ‘Tyson! Tyson!’. To ensure a smooth exit to his car, Mike Tyson had to be escorted by Salman Khan’s bodyguard Shera, who helped him wrestle his way through the crowd. On his trip to the subcontinent for the first time, Mike Tyson spoke of his delight at the launch of the K1 League, he said: “I think the Kumite 1 League format is awesome. ‘Fighting for your country gives it much more incentive.” First Published: 29th September, 2018 11:16 IST On his first visit to India, the boxer was also excited to be a part of this first of its kind MMA league, where the top fighters will lock horns with each other. “I am very excited to be here. This is my first time in India. This is something I never dreamed of before. I am a big fan of MMA. I go to UFC (Ultimate Fighting Championship) in Las Vegas all the time,”  he added.  FOLLOW US Last Updated: 29th September, 2018 17:16 IST Mike Tyson Packs A Punch On His Visit To India, Says Best Boxers Come From The Slums Legendary heavyweight boxer Mike Tyson, marked his maiden visit to India at the launch of the Kumite 1 League. Dylan Dsouza center_img WATCH US LIVE Almost 12 hours later, Mike Tyson’s arrival was marked by a packed press conference to announce the launch of India’s first MMA competition, the Kumite 1 League. The K1 League is the first MMA league of its kind, wherein players will represent their countries in a team format.READ: Legendary Boxer Mike Tyson Launches Kumite 1 League In MumbaiHe might have arrived at the press conference a few hours later than the scheduled time, but no one present at the huge media gathering complained, because it was Mike Tyson after all. Video Player is loading.Play VideoPlayMuteCurrent Time 0:00Loaded: 0%Duration 0:00Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackQuality LevelsFullscreenThis is a modal window. This video is restricted from playing on your current domain Error Code: PLAYER_ERR_DOMAIN_RESTRICTED Mike Tyson, who at the age of 22 became the world’s heavyweight boxing champion, and went on to become the king of the boxing ring with 50 wins to his name. When he asked about why the current crop of boxers don’t capture the imagination of sports enthusiast like they did in Tyson’s era. The boxer who was once considered the most feared men during his time, insisted that the present-day boxer are more straightforward, and not wild like the boxers of his time were.  While Tyson is in the country for the first time, he reveals the itinerary of his trip. During his visit, apart from the customary tourist visit of the Taj Mahal, the former boxing champ has expressed his desire to visit the slums of Dharavi. This comes as no surprise from the American, who’s journey to the pinnace of boxing started from his rough upbringing in the slums of Brooklyn, New York. During his sojour of his Indian visit, he underlines that the best boxers come out of the slums. During the wee hours of Friday, Terminal 2 of the Chhatrapati Shivaji International Airport was left buzzing after it was revealed that former world heavyweight boxing champion was scheduled to touchdown in India for the first time. A large group of fans had swamped the airport to catch a glimpse of the legendary American boxer. And finally, the baddest man on the planet had finally arrived in the country, and the excitement of his fans knew no bounds.  LIVE TV WE RECOMMEND “I am a slumdog, I grew up on the streets of New York. My ambition was to get out of it, and that’s why I’m here today talking to you. They might still call it ‘slum,’ but I still go back there to see my friends.” 1 year ago Priyanka Chopra To Sport Four Different Looks In ‘The Sky Is Pink’ ? 1 year ago Chess Olympiad: Viswanathan Anand leads India’s emphatic fifth round win over Paraguay 1 year ago Juventus forward Cristiano Ronaldo accused of rape, lawyers denies allegationslast_img read more

The treasures of Afrika House

first_imgKingsley Holgate – aka “the grey beard”– and Watson share a moment in front ofthe giant map of Africa in his home. Kingsley with Abu from Abidjan. The voodoo relic that keeps Kingsley safefrom theft during his travels throughAfrica. All it needs to do its job is acigarette and a drop of water once a year. The Dogon granary door Kingsley foundwhile taking his father-in-law George toTimbuktu – in a peanut-butter bottle. The replica of Kingsley’s dhow Anima.(Images: Kathryn Fourie)Kathryn FourieIt’s a steaming bright blue February morning on the North Coast of KwaZulu-Natal. The little beachside town of Zinkwazi is pulsing with heat as I stand under a milkwood tree being barked at by a giant dog.“Aaaibo, thula umsindo Watson!” The woman sweeping leaves in the yard is clearly annoyed by Watson’s incessant barking, and shushes him with a practised swipe of the broom.I’ve disturbed the peace at Kingsley Holgate’s Afrika House by ringing the bell, and my penance is to be attacked by mosquitoes. I swat at my ankles with a notebook and, with it thoroughly covered in blood and bits of broken insect limbs, am shown through the varnished wooden gate decorated with intricate carvings into the Swahili-style house.Walking through Kingsley’s home is a sensory overload. I can hear the deep voice of the grey beard, as he is fondly known, chuckling down a telephone line somewhere in the cool depths of the house.I have three dogs bouncing around my ankles, two parrots speaking rapidly in squawks and hallos, and my eyes are taking in countless carvings, masks, weaponry, plants, pots, stars, beads, cloth and endless bits and bobs neatly arranged from wall to wall. Even the air in here seems to have been sucked in from a secret spiced continent.Kingsley and his wife Gill – nicknamed Mashozi, or “she who wears shorts” – are a well-known couple, famed for their madcap family adventures through Africa and indeed across the world. With a purposeful humanitarian objective and a distinct distaste for living inside the realms of normality, the Holgates have been just about everywhere.Kingsley was born in 1946 in Durban, and primed for adventure from an early age, snacking on the tales of David Livingstone read to him by his father. Used to life in the bush from his family’s missionary work, on finishing school he backpacked all over the world in a special effort to grow his beard.At age 23 he managed to procure the attention of one Gill Adams, who came back to Africa with him. And so their mutual adventure of a lifetime began.Humanitarian adventureKingsley and Mashozi have completed many formal expeditions throughout Africa to implement their aid programmes, such as One Net One Life, which involves distributing hundreds of thousands of mosquito nets to mothers and babies across malaria-infected areas.They also have the Right to Sight programme, which supplies glasses to people who battle with their eyesight, thereby ensuring they can keep working to earn an income. Then they have the Teaching on the Edge programme, which takes mobile libraries and classrooms to some of the most remote spots imaginable.All these projects are to be carried over into their 2009 Boundless Southern Africa Expedition, kicking off in May.From circumnavigating the world along the Tropic of Capricorn, to sailing on Land Yachts across the Makgadikgadi salt pans in central Botswana, the Holgates have set foot in some weird and wonderful places, and tend to bring equally weird and wonderful things back to their homestead.It’s not surprising that a sign outside the main entrance has the following inscription: “Afrika House – A Fusion of the Cultures of the East Coast, Karibu”. Karibu is the Swahili for “welcome”.The Coast of TrinketsAt the base of the staircase that leads up to the Captain’s Bar and incredible views of the ocean sits a gorgeous wooden ape named Abu. He reposes next to a parrot cage, and listens patiently to everything his feathered friend has to say, with one finger in his mouth and a fez on his head. How did he come to live in Zinkwazi?In 2007 the Outside Edge expedition left South Africa, and the crew made their way up through the graceful curve of West Africa. Leaving the gold coast behind them, they entered Côte d’Ivoire, the shoreline of which is sometimes referred to as the “The Coast of Trinkets”.Travelling through Abidjan, Mashozi, an arts and crafts enthusiast, spied a market not to be missed. The crew pulled over to examine the carvings, fabrics, drums and grim-looking swords, but it was the enigmatic Abu that caught Mashozi’s eye.Kingsley wasn’t thrilled at the thought of dragging an ape that weighs as much as small elephant all the way round Africa, and said as much, firmly planting his rather large foot on the ground. Even when the seller dropped his price, Kingsley stood firm.But never underestimate the power of a woman with a passion for purchase. Back on the road, Kingsley was told via radio to look under the blanket in the back of the Land Rover, an early birthday gift from his son Ross and daughter-in-law Anna. Abu the Ape from Abidjan with his finger carved into his mouth for eternity had just scored a ride on the trip of a lifetime.Special medicineAfrican culture is fascinating, and more so because of the way it varies through every turn in a valley and hop over a river. Belief in ancestry and spirituality is everywhere, and in some countries voodoo sits highly among the most powerful of these beliefs.The Outside Edge Expedition reached Lomo, the capital city of Togo, which is famed for the gigantic Akodésséwa voodoo market. The smell of incense punctuated by decaying animal flesh is further heightened by piles of dried heads of every conceivable animal, and people come from as far as Gabon, the Democratic Republic of Congo, Ghana and Nigeria to get their hands on the potent traditional medicine.Kingsley was on a mission for a specific kind of medicine, for protection against theft. In remote areas of Africa, with many days of travel ahead, losing even one piece of vital equipment to sticky fingers is not an option. The voodoo vendor offered him a clay fetish in an empty tortoise shell.The instructions were to chant his name three times – “Kingsley, Kingsley, Kingsley” – over the chaotic noise of the market. Three drops of water a year through the hole in its head and one annual cigarette placed in its mouth would keep it happy enough to protect it Kingsley’s goods.The fetish did its part glued to the dashboard of the Land Rover, and now sits comfortably propped between wooden carvings right at the opposite end of the continent it was created on.Kingsley had told me he had limited time that morning for my interview, but two hours later it was obvious that he was enjoying the show and tell as much as I was.Not one to talk about himself, Kingsley is the ultimate spokesperson for the talent that created the pieces that fill his home. It would take a month to hear the tale behind each gnarled piece of metal; or each intricate Mkondi figure from the Rovuma River, with hands clasping angel wings so rarely seen in African art.Taking George to TimbuktuAt the top of the staircase, next to the giant map of Africa, a beautiful Dogon granary door hangs on the wall.“Ah, yes, that is the door we collected in Mali,” Kingsley says, “when we took George to Timbuktu in a peanut-butter jar.”Of course, how else would one transport ones father-in-law through Africa?Mashozi’s father, George, loved the continent and had always wanted to visit Timbuktu, but never made it there during his days on earth. So, in the spirit of one last adventure, George was packed in a screw-top jar – and everyone was instructed to double-check any powder they used in cooking before they tossed it into the mix, lest George become an additional source of protein.An inland trek of 1000 kilometres from the coast of Mali to Timbuktu led the expedition past the Dogon. These are an ancient people that have carved their homes into the sandstone cliffs of the Bandiagara escarpment, and who are particularly magical, with animism as the focal point of their religion. Leaving the Dogon, George was finally scattered into the Niger River at Timbuktu with the words safari njema, “have a good journey”.Kingsley’s largest artefact is actually in thousands of pieces, packed into storage. Each piece of the massive and ancient dhow has been digitally photographed and marked, ready for reconstruction, a Grindrod Limited initiative to rebuild her as a piece of Swahili maritime culture. When that will be, not even Kingsley knows.“One day, some day,” he says, tugging his beard. “But she was a beauty.”I’m trying to work out where on earth 35 metric tons of Swahili sailing dhow would fit on the property. Perhaps on the roof, next to the pirate flag?Humanism and piracyAmina, the Spirit of Adventure, was the boat that Kingsley and his crew used in the African Rainbow Expedition, sailing with the trade winds all the way to the Somali border. An exact replica sits on a low table outside Kingsley’s Adventure Planning Room (something I have decided everyone should have).As we stand around the model surrounded by tattered maps, reference books and old leather-bound journals, Kingsley tells me a bit about the Amina and his year on board.“She was handcrafted on Chole Island, just south off Mafia, a beautiful island of the Tanzanian coast.“Carrying 10 tons of life-saving mosquito nets, it was a great humanist turnabout – it was dhows such as these that raped Africa, carrying off cargoes of slaves and ivory. And now we were using one to save lives instead.”The story of barefoot days on the creaking wooden deck and sleeping under the stars at night is cut short when Kingsley bounds out the door with a yell.“Watson! Come here now!” The monstrous 7-month-old hip-high hound sheepishly returns, and Kingsley tells me the dog has a taste for Mashozi’s geese … having to explain a mass of feathers when she returns would not have been fun.“Yes, well, it wasn’t easy, that trip,” he continues. “One of our crew, Bruce Leslie, was stabbed in the neck by a pirate, and had to be evacuated. We carried on sailing, but closer to Somalia we had a mutiny as the crew were too scared to continue because of the violent piracy.“So we hired our own little militia, with automatic weapons, and made it safely to the border.” Kingsley must be one of the few people who can fly a pirate flag on his roof with any authority.Just before it’s time to leave, we are up in the Captain’s Bar. Kingsley points to a life-size carving of a weather-beaten man, and tells me you can actually smell his bad breath! Amazed, I immediately lean over with my nostrils flared and inhale.A deep chortle rumbles out behind me. “Just kidding! Life’s a great adventure isn’t it?” I’ve been had by one of the greatest of life’s adventurers, and I don’t mind one bit.Many thanks to Kingsley and Mashozi for allowing me to visit their home, something not many people are privy to. Ngiya bonga kakhulu.Do you have queries or comments about this article? Email Mary Alexander at [email protected] articlesAdventurer spreads his nets wide Rollsing from Cape to Cairo Nando’s blazes into the US Saving priceless African history Tracking elephants across Africa Useful linksKingsley HolgateKingsley Holgate Foundationlast_img read more

Zuma announces changes to Cabinet

first_img13 June 2012President Jacob Zuma announced several changes to his Cabinet on Tuesday, with a new minister and deputy for the transport portfolio underlining its importance in South Africa’s state-led infrastructure drive.Addressing journalists in Pretoria on Tuesday, Zuma said that Sbu Ndebele had been moved from transport to correctional services, while his deputy, Jeremy Cronin, had been moved to public works, also as deputy minister.Ben Martins, who was deputy minister of public enterprises, taking over as transport minister, with Sindisiwe Chikunga coming in as deputy transport minister.Correctional Services Minister Nosiviwe Mapisa-Nqakula moves over to defence, while Defence Minister Lindiwe Sisulu takes over the portfolio of public service and administration, following the recent death of Roy Padayachie.Zuma appointed three other new deputy ministers in Gratitude Magwanishe (public enterprises), Hlengiwe Mkhize (economic development), and Mduduzi Manana (higher education and training).The changes, Zuma said, come in the wake of three vacancies in the national executive, due to Padayachie’s death, the resignation of Economic Development Deputy Minister Enoch Godongwana, and the shifting of former Deputy Minister of Public Works Hendrietta Bogopane-Zulu to the ministry of women, children and people with disabilities.The President welcomed the new Cabinet members and wished them well in their new positions.Source: BuaNewslast_img read more

How Do You Determine Which Partners Will Fuel Your Success?

first_imgHow OKR’s Completely Transformed Our Culture Related Posts Brad AndersonEditor In Chief at ReadWrite Tags:#business#ceo#Entrepreneur#entrepreneurship#Fintech#leader#partner#partnership Trends Driving the Loyalty Marketing Industry Brad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com. Most leaders have been bombarded by the idea that business partnerships are vital to their success. Partners can extend a company’s reach, add new audiences, enhance its value, expand its capabilities, and even boost its reputation by association.Marketing Week pointed out that behemoths like Amazon and Adidas have grown larger as a result of their partnerships — Adidas increased its brand value by 50 percent, mainly thanks to its expanded roster of partners, while Amazon notched a $208 billion brand value rating as a result of its partnerships. Bringing brands like Whole Foods under the Amazon umbrella powerfully changed the company’s sphere of influence.The problem is that while many leaders know they need to pursue partnerships to strengthen their businesses, it’s not clear how they can distinguish capable, dynamic partners from lackluster ones. What’s good for one company can be disastrous for another.Luckily, there are a few ways to determine which partnerships will fuel sustainable growth.1. Look for partners who share your values. Partners who share values may have different methods of fulfilling their needs, but they don’t lose sight of what’s important. Aiming for the same goal also means your business’s chances of achieving its end game are higher — with another force behind its efforts, it’s less likely to lose momentum or pivot without deep analysis.FutureFuel, a fintech platform that enables employers to help employees pay down their student debt, joined forces with partners who shared its goal of eliminating financial roadblocks. By partnering with companies like Colonial Life, FutureFuel underscored its commitment to streamlining student debt repayment and made it easier for employers to participate. “Every employer we speak to understands that multiple generations of employees are struggling with student debt,” FutureFuel’s founder and CEO, Laurel Taylor, says. Its partnerships, combined with its platform, empowers the brand to more quickly touch a larger number of those employers.2. Cultivate partnerships that are equal. Preferences and tendencies don’t necessarily have to be equal within a partnership; a partner with a higher risk tolerance can balance a partner averse to risk. But when other factors — such as money or clout — take precedence and allow one partner to steer the ship, it can damage the entire partnership. The relationship has to be built on collaboration and discussion rather than unilateral decision-making.Mike Whitaker, a serial entrepreneur and accelerator board member, says he learned that leverage lesson the hard way. In 2010, his manufacturing business went under — to the tune of a $15 million loss for Whitaker. He’d become vulnerable to his partners’ position, and when things soured, his choice of partners came back to bite him. “Partnership is strongest when the collective vision is clear, the motivations are the same and the leverage is not one-sided,” Whitaker explains. “If you feel helpless in a partnership, it is not a partnership.”3. Pinpoint partners who are enthusiastic and polite — but not too polite. Besides values, one thing that will sustain a long-term partnership is motivation. Partners who not only share values, but also goals beyond them — such as becoming the go-to provider, building a $100 million company, or establishing a household name — will thrive. But virtual strangers who enter into partnerships can fall into the habit of being polite — so polite that they hide their true interest in a project or effort until their waning enthusiasm torpedoes the whole endeavor.Neil Patel, the marketing expert behind Quick Sprout, has worked with the same partner for more than a decade. He feels their success can be attributed to one thing that holds so many others back: confrontation. “We don’t care if we hurt each other’s feelings. We say what is on our minds. Why? Because we both want to succeed and do what is best for the business. So if one of us is holding back the business or doing something wrong, we make sure we point it out,” he explains. “If you are too afraid to tell your business partner how you feel, you won’t be able to make your partnership work.”Strong partners may provide a lot of capital, expertise, or visibility. While those factors can vary, shared ideologies and equal standing have to exist for partnerships to truly help a business grow. In their absence, one partner will be left holding the bag — and that’s exactly what great partnerships were built to avoid. China and America want the AI Prize Title: Who … What it Takes to Build a Highly Secure FinTech …last_img read more

Maraño stays on beast mode even in charity game

first_imgRobredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games El Nido residents told to vacate beach homes Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Hotel says PH coach apologized for ‘kikiam for breakfast’ claim View comments Sports Related Videospowered by AdSparcRead Next Photo by Tristan Tamayo/INQUIRER.netIt may just be an exhibition game, but Aby Maraño kept her beast mode on.“I’m still on beast mode because I want to set that standard that wherever I’m playing, I’ll always play like that,” Maraño said in Filipino after La Salle surrendered a tough five-set defeat to Ateneo on Sunday in the Battle of the Rivals.ADVERTISEMENT Enjoying the game key to winning, says Valdez Trump strips away truth with hunky topless photo tweet “We played lax. We controlled the first two sets, but in the third and fourth, we didn’t had our first ball. I keep on saying that if we get that first ball, we can set our plays well, and we can quickly kill the ball. But if we don’t, that’s when the game goes long and a rally happens and the ball dies on our court,” she said.Defeated, Maraño said she treasured the rare opportunity to team up anew with past La Salle standouts.“It’s like deja vu,” she said. “It reminded us of the moments which we went through in the UAAP, that when we score, we celebrate. The way we play, our intensity when we score, those feelings gave us flashbacks. Those memories really made me happy,”“Even though we lost, I’m just really happy. My mindset is to play and enjoy and experience this feeling again playing at MOA Arena.”ADVERTISEMENTcenter_img LATEST STORIES MOST READ Don’t miss out on the latest news and information. Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ READ: Battle of the Rivals: Valdez, Ateneo best La Salle in 5 setsMaraño showed no letup and shared that even in a game that has no bearing, she still wants to play at her best.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars“I didn’t really show the swag because the game isn’t that intense, but I want to perform and do all the right thing,” she said.Maraño was in her usual relentless self but she admitted the team let its guard down after grabbing a 2-0 lead. Lacson: SEA Games fund put in foundation like ‘Napoles case’ National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congresslast_img read more

21 days ago​Aston Villa manager Smith wary of Norwich

first_imgAbout the authorFreddie TaylorShare the loveHave your say ​Aston Villa manager Smith wary of Norwichby Freddie Taylor21 days agoSend to a friendShare the loveAston Villa manager Dean Smith is wary of Norwich City and the threat they pose to his side.As two of the teams that were promoted last season, Villa and Norwich know that every point is vital in the Premier League.And a game between the two sides could be seen as a six pointer in the relegation battle.Smith wants to ensure his team are prepared to handle the attacking threat of Norwich.”Anybody who can beat Manchester City in this league is a team to be reckoned with and they’ve done that already at Carrow Road,” Smith said to reporters.”We know they’ve got firepower within their team and they are tough to play against. We had two tough games against them last season and came out on the wrong side of a 2-1 [defeat] both times.”But they won’t have played against this Aston Villa and some of my players won’t have played against them before.”It’s a game we are looking forward to and I’m sure it’s a game both sides will be looking at to get three points.” last_img read more

Bondrating agency gives Nova Scotia its highest credit rating yet

first_imgHALIFAX – The Nova Scotia government says Standard and Poor’s has upgraded the province’s long-term credit rating to its highest ever.In a news release, the province says the rating was upgraded from A+ to AA-, with a stable outlook.The province says the bond rating agency cited “strong fiscal management,” and that Standard and Poor’s credit report notes Nova Scotia is expected to outperform most Canadian provinces in the next two years.In March, the government tabled its 2018-19 budget, which projected a third consecutive surplus of $29.4 million.Much of the fiscal progress came after contract strife with public sector unions, including teachers and health care workers.In a statement, Premier Stephen McNeil says the government has “worked hard with Nova Scotians” to put the province on the right fiscal path.“More people are working in Nova Scotia than ever before, exports are booming and our population is at an all-time high,” said McNeil.“This credit rating is yet another sign that we are moving in the right direction as we build a stronger province together, where everyone can grow and succeed.”last_img read more

TREB CEO concerned about homeowner info being posted online after data release

first_imgTORONTO – The Toronto Real Estate Board is “pressing ahead” with the Competition Bureau’s demand to make home sales data available on realtors’ password-protected websites, but that doesn’t mean the board’s concerns around privacy are gone.In his first interview since the Supreme Court of Canada refused in August to hear TREB’s seven-year fight to keep the numbers under wraps — effectively forcing them to be made public — the board’s chief executive officer John DiMichele told The Canadian Press, “the element of privacy in our opinion hasn’t been settled completely yet.”DiMichele is particularly concerned because he claims to have seen evidence of brokers’ remarks about homeowners being posted online, information that is not included in the home sales data feed TREB had to make available to realtors last Tuesday.“If someone is receiving this data, we have a duty and responsibility to find out if it is coming out of our system because… (they) will say things like elderly gentleman, hard of hearing, knock loud, or children home alone between 3 and 5 p.m.,” he said, noting that codes to access and secure properties could also be included in the remarks.DiMichele wouldn’t reveal how he discovered such violations, but said they had been “brought to our attention” recently.He also refused to discuss in detail what kind of action will be taken against anyone who is caught posting unauthorized information or home sales data without password protections — conditions mandated in a Competition Tribunal ruling that came into effect recently, after the Competition Bureau argued that TREB’s refusal to release the data was anti-competitive and stifled innovation.“I can’t comment about specific cases, but if people are doing these things, we are certainly going to contact them, if they are contactable because right now my understanding is that some of these websites don’t have identifying information,” DiMichele said.“Where are they getting the data? If they are getting it from public records, just let us know. If they are getting it from another source that is not TREB, then there is not much for us to say on that, but if it they are posting this data of a private nature, we certainly have to take initiative.”In early September, the board sent cease-and-desist letters to real estate companies warning it will revoke data access and TREB memberships or bring legal action against members it believes are violating its user agreement by posting sales numbers online “in an open and unrestricted fashion.”The board’s lawyer Brian Facey previously said in an email to The Canadian Press that the letters were an attempt to find out the source of the members’ numbers and “ensure no one has breached their contracts with TREB.”TREB has never said how many letters it sent, but real estate companies Zoocasa and HouseSigma Inc. said they had received letters and had stripped their websites of the data until Sept. 18, when the TREB feed was allowed to be posted.Others, including real estate website Bungol, left the numbers up without password protections.Several realtors who applied for access to the TREB feed complained last week that they weren’t granted access as soon as it became available and many said they were still waiting to get their hands on the numbers as late as last Friday.The board has received about 1,000 requests for access to the feed from the board’s 50,000 members, DiMichele said, but only about 600 of those requests have been fulfilled so far.“Not every delay is on TREB’s side,” he said.“We are fulfilling them on a regular basis, but sometimes the other side is not prepared or we have people that think they want to do this, so they submit an application and go through the process and then they decide not to proceed, but we are working through it the best we can.”Follow @Tara_Deschamps on Twitter.last_img read more