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Limited access to new agricultural technologies and delays in registering these put farmers at a disadvantage to overseas producers, who already have other advantages, including government subsidies, Absa says, adding that local farmers must be helped to gain access to markets beyond South Africa’s borders. “In addition, we insist that the farmers we finance use the most up-to-date agricultural technologies,” he said. “We need to address this holistically, and the Department of Agriculture has a significant role to play in this.” 8 September 2009 “In essence, we will fund the farmer, and the farmer will pay us with agricultural production.” As a result, many farmers operated at a loss, while around three percent simply left the business, Absa says, adding that farmers have no option but to control costs, become more productive and gain access to new markets. SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material Financial assistance “But that is easier said than done,” Janovsky said. “Local farmers are already the best in the world, and they are as productive as what the natural resources in South Africa allow. “But, as it now stands, most cannot simply produce more crops on the same land or increase the rate at which their cows produce calves.” In South Africa, farmers who want to export have to do it all by themselves, Absa says, adding that export is out of reach for all but the biggest players due to huge costs and legal constraints – and this is where the country’s banks have a role to play. South African farmers need to access new markets and implement the latest technology if they are to become more competitive, while banks must expand their roles and introduce new products for the sector, says banking group Absa. “The truth is, on equal terms, South African farmers can compete with any farmer in the world, but farmers are hamstrung and many will not survive,” Janovksy said. “There is enormous potential, but it is being limited by access to international markets.” New agricultural technologies Rising input costs “Increasingly we are involved in the complete production and sales chain,” Absa Agribusiness GM Ernst Janovsky said in a statement last month. “For example, Absa Agribusiness will not only provide crop finance and insurance to a farmer, but will also act as broker, buyer and seller of his produce. According to the bank, South African farmers are facing difficult times, with input costs rising by more than 30% in 2008 – instead of the usual average annual three percent rise – due to rising fuel and fertiliser costs Janovsky said this required banks to help farmers manage price and production volatility. Price volatility could be dealt with through forwards, derivatives and futures contracts, while production risk could be limited through insurance products covering adverse climate conditions, disease and parasites. According to Absa, new agricultural technologies, like drought- or disease-resistant seeds, and new planting and irrigation techniques, are critical in overcoming biological limitations to increased productivity.
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In a must-win game against India for Bangladesh to inch closer towards the semi-final spot, bowling coach Courtney Walsh said that the team will play according to the pitch condition at Edgbaston.”I think it’s on the day what the surface has to hold and how well we react on the day,” International Cricket Council quoted Courtney Walsh as saying.Bangladesh are currently at the seventh position of the teams standing with seven points. With two games remaining, they will play against India and Pakistan respectively.Walsh stated that Bangladesh will analyse the situation during the match and if there will be any help for the spin bowlers, then they will introduce spinners early to take a wicket. Although in the initial overs he wants seamers to swing the ball and give early breakthrough.”We have to assess what’s going to happen here in Birmingham. If the wicket’s going to turn then it’s best for us to have a spinner bowling earlier as well trying to get an early wicket. But obviously with the new ball if there is going to be any swing or movement, we would want the seamers to use it as well,” Walsh said.Walsh further added that he is preparing his every bowler to bowl with the new ball so he has many options available for the first powerplay. Bangladesh have skipper Mashrafe Mortaza, Mustafizur Rahman, Mohammad Saifuddin, and Rubel Hussain in their bowling attack.”We are just trying to get everybody ready; saying anybody could bowl with the new ball. We have got three seamers playing now and Rubel Hossain played in one of the games before. So, any of those guys could bowl with the new ball because we are trying to get them ready for that,” Walsh added.advertisementBangladesh will play against India on July 2 at Edgbaston in Birmingham.Also Read | World Cup 2019: Pakistan supported India for the first time since partition, says Shoaib AkhtarAlso Read | Sportsmanship of few champions got tested, they failed badly: Waqar Younis slams Team IndiaAlso See
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Roma captain Daniele de Rossi: Retirement ever closerby Carlos Volcano10 months agoSend to a friendShare the loveAS Roma captain Daniele de Rossi admits he senses his career is coming to the end.The 35-year-old has been out since October 28 with a cartilage injury, and is unlikely to be fit to face Juventus on Saturday.“When I was young I’d have signed in any way to play half the Serie A games I have,” De Rossi told DAZN.“I’m a lucky guy, I’ve done the job I love, in the city I love, with the people I love. It weighs on me to look over the ravine, because I know the end is near, especially with this injury.“I’ve tasted what it means to be away from the squad, and I know it’s going to hurt me when I stop doing this job.“Whether that’s six months, a year, or three years, time is running out on my career.“This is the most serious injury of my career, it’s a cartilage problem, I’ve suffered a serious injury. It would be very serious if I were to tear it again at 35.“It takes time, I’ve started running and kicking the ball but I’m still behind.“The future? I have this dream of being a Coach, and if I have to think about all the things a Coach has to do what scares me most is doing 100 interviews a week!” TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say
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About the authorPaul VegasShare the loveHave your say Ex-Molde defender Toivo: What Man Utd players can expect from Dempseyby Paul Vegas10 months agoSend to a friendShare the loveFormer Molde defender Joona Toivo is happy for Mark Dempsey over his return to Manchester United.Ole Gunnar Solskjaer’s long-time assistant has followed the Norwegian to Old Trafford and was back helping out at Carrington for the first time this week alongside Mike Phelan, Michael Carrick and Kieran McKenna.”He was really enthusiastic in his coaching. As a person, he has this fire in him – everything is done to the full,” Finland international Toivo told the Manchester Evening News.”I think he is great at creating fighting spirit in the team and encouraging players to be the best they can be. He has a lot of knowledge about football and understands the game really well.”There was a lot of concentration on first touches and observing the play with Mark in training: where and how you took the first touch. He played as a midfielder when he was a player and he often said ‘play what you see’. By that, he also meant to keep it simple and to not try difficult stuff.”He was really like a friend. He’s a guy who loves to tell stories and jokes and loves to make people laugh and play pranks.”
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Wolves captain Coady: Past week among best of careerby Paul Vegas12 days agoSend to a friendShare the loveWolves captain Conor Coady says the past week was one of the best of his career.The men in old gold won three matches in nine days going into the international break, including eye-catching victories at Besiktas and Manchester City. Coady told the club’s website: “We won’t forget it. It was an amazing week for this football club, we beat Watford, went to Besiktas and put the effort in with such a small squad, and then went to the home of the champions and put in a brilliant performance.“It was massive for us because a lot of people spoke, saying how we started slow, but we were learning. A lot of players haven’t played in the Europa League before, we’ve had an awful lot of games, and the most important thing was we were listening to the manager after every game and learning. We’ve got a break, which we need, but we’ll move on as soon as possible.” About the authorPaul VegasShare the loveHave your say
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Legislation aimed at improving the management of public debt was passed on November 30 in the Senate. The Public Debt Management Act will repeal the Loan Act of 1964 and several enactments related to the raising of loans by the Government. Minister of Justice, Senator the Hon. Mark Golding, who opened the debate, explained that while the existing legislative framework establishes some of the basic principles governing public debt, it does not include a comprehensive regime of public debt management based on modern best practices. “It is therefore intended to introduce a single law that will, among other things, set out clear objectives for the management of public debt; mandate the preparation of a public debt management strategy (to be presented annually to Parliament); prescribe a framework within which decision making will be made on the management of public debt; and establish accountability and reporting requirements,” Senator Golding said. He said that under the Act, there will be no set debt ceiling; instead, provisions will be made for loan ceilings to be prescribed from time to time by Ministerial Order subject to affirmative resolution of the House of Representatives. “In prescribing the loan ceiling, the Minister of Finance will have to take account of and act in a manner that is consistent with the level of total debt specified in the fiscal responsibility framework,” he informed. The legislation also requires that a high level public debt management committee be established with a view to ensuring coherence among fiscal, monetary and debt policies. Senator Imani Duncan Pryce noted that the Bill brings to life, the fiscal responsibility framework that was passed a few years ago. “Too often, in the past, we find things off the balance sheet not reported and unknown to the people of Jamaica. What this particular Act does is give the Jamaican people the confidence that this Government is committed in taking bold steps in accountability and transparency for the betterment of Jamaica,” she stated. Leader of Opposition Business in the Senate, Senator Arthur Williams, while stating that the legislation was a “long time in coming,” pointed to the need to have the accompanying regulations in place to govern the various aspects of the Act. “I am concerned that we have now come to actually introducing this important piece of legislation without any of the regulations that will make it effective and give it teeth,” Senator Williams said. In his response, Senator Golding said it is standard practice in modern legislation to create flexibility by empowering the Minister to make regulations on a variety of issues, which may arise. “Very often, under those enactments, regulations are never made or are made only to cover one or two aspects of the long list of things by which the power to make regulations exist. Regulations are made where they are necessary to operationalize the legislation,” Senator Golding said. He noted that in the case of this particular Act, 90 per cent of the important provisions do not require any regulations “to become meaningful, impactful and operational the day it comes into effect.” The Bill was approved without any amendments. It was passed in the House of Representatives on November 20.
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TORONTO — Three former students of a prestigious Toronto private school have pleaded guilty in a sex assault scandal that rocked the institution. The teens, who attended St. Michael’s College School, each pleaded guilty to one count of sex assault with a weapon and one count of assault with a weapon.One of the teens also pleaded guilty to making child pornography.Police launched an investigation last fall after a video that captured an alleged sexual assault on the school’s campus was shared on social media.Seven students were charged with assault and sexual assault offences that related to three incidents involving members of one of the school’s football teams.Four of the students charged were expelled and three withdrew from the school in the wake of the allegations.This report by the Canadian Press was first published on Oct. 3, 2019.The Canadian Press
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CALGARY – The association that represents Canadian oil and gas drilling companies says it expects “muted stability” for the industry in 2018 despite recent strengthening in oil prices.The Canadian Association of Oilwell Drilling Contractors is calling for 6,138 wells to be drilled in its 2018 forecast, an increase of just 107 from the number expected to be drilled this year.It says the Canadian rig fleet is expected to shrink by 19 to a total of 615 next year as drilling contractors continue to struggle to find capital needed to keep older equipment running and reinvest in replacement rigs.Last month, the Petroleum Services Association of Canada said it also expects a slight recovery in drilling in Canada in 2018 versus this year but the count will still be 30 per cent lower than in 2014 when oil prices peaked at more than US$100 per barrel.New York-traded crude closed at US$56.42 per barrel on Monday, up from lows of less than US$43 in June.Alberta government-owned lender ATB Financial said Monday the energy sector has “stabilized” and will enjoy a modest rebound in activity next year, helping fuel 3.9 per cent provincial economic growth.
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COPENHAGEN – A ferry with around 300 people on board was stranded in the Baltic Sea on Tuesday after the ship’s engine failed, the Danish operator said. No injuries were reported and an evacuation wasn’t immediately necessary.The breakdown aboard the Regina Seaways produced smoke, which triggered the ship’s fire extinguishing system in the engine room, Copenhagen-based DFDS Seaways said. The vessel was in international waters off Kaliningrad, Russia’s Baltic Sea exclave between Poland and Lithuania.“We are talking about a malfunction in the engine room that caused a lot of smoke,” DFDS spokesman Gert Jakobsen told The Associated Press. “Right now we are inspecting the engine room to find out whether the ship can sail on its own or needs to be tugged.”He said passengers had assembled at muster stations in preparation for a possible evacuation, but the “situation is under control.”The ferry, which also had cars and trucks on board, was travelling from Kiel, Germany to Klaipeda, Lithuania’s port city north of Kaliningrad. The crossing, one of DFDS’ many in the Baltic Sea region, normally takes about 20 hours.“On these kinds of crossings we have people from Germany, the Baltic countries and Russia. We cannot say now who was onboard,” Jakobsen said.The ship is about 85 kilometres (50 miles) from Klaipeda, said Vaidas Klumbys, another DFDS spokesman.He said that on Tuesday afternoon “we received the information from the ship that it was undergoing vibrations and smoke rising from the engines.”Russian state news agency Tass quoted Andrei Permyakov, head of the sea rescue co-ordinationcentre in Kaliningrad, as saying that rescuers from Lithuania, Russia and Poland responded.Lithuania’s navy said one of its helicopters and three navy vessels were sent to the site in case an evacuation was necessary. The regional news agency, Baltic News Services, quoted Klumbys as saying “the weather conditions are not good.”Forecasts for the southeastern part of the Baltic Sea said there were gale force winds, rain showers, poor visibility and risk of thunder storms in the region.Jakobsen wasn’t aware of any rescue operation, saying there was no evacuation.“But in this kind of situation, everyone steps in,” he said.The Regina Seaways was built in 2010 and can carry up to 500 passengers.___David Keyton in Stockholm, Liudas Dapkus in Vilnius, Lithuania, and Jim Heintz in Moscow, contributed to this story.___A previous version of this story was corrected to show that Kiel is in Germany, not Lithuania.