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first_imgBank Indonesia’s (BI) policy measures and a narrowing current account deficit (CAD) will likely support the rupiah amid unfavorable financial market conditions, however risks remain as Indonesia continues to record new COVID-19 cases while facing limited healthcare capacity, experts warn.Fitch Solutions has revised it outlook for the rupiah for 2020 to 15,500 per US dollar from its earlier projection of Rp 16,750 after the recent gains the currency booked. The rupiah appreciated 13 percent from a recent low of Rp 16,575, a level unseen since the 1998 financial crisis, to Rp 14,610 on Monday, Bloomberg data show.“We believe that BI’s policy measures will continue to cushion the rupiah in the short-term,” the researchers said. “Moreover, a forecast narrowing in CAD in 2020 due to slightly cheaper imports, will also add to investors’ confidence in Indonesia’s fundamentals.” The central bank has taken several measures to stabilize the rupiah, including by direct intervention in foreign exchange markets, purchase of government bonds in the secondary market worth Rp 166.2 trillion (US$11.34 billion) and strike currency swap lines with major central banks including a $60 billion repurchase agreement with the US’ Federal Reserve.“Dollar liquidity and BI’s bond market activity will help attract foreign investors back to the bond market in the short-term horizon, which will provide support to the currency,” Fitch said.The country recorded a CAD of US$3.9 billion, or 1.4 percent of gross domestic product (GDP) in this year’s first three months, down from 2.8 percent of GDP in the previous quarter. Fitch Solutions expects the CAD to reach 2 percent of GDP this year, much lower than the 3.4 percent in a previous forecast, providing a lift to foreign exchange reserves that will help support the rupiah.Fitch Solutions, however, warned that the downside risks from COVID-19 could further erode the rupiah’s recent gains if the situation spiraled out of control, adding that downside risks remained elevated over the long-term due to a widened budget deficit. “The Indonesian government’s initial mismanagement of the COVID-19 outbreak led to a collapse in investors’ confidence in the country’s assets, including the rupiah,” it said.“Downside risks will continue to emerge from the COVID-19 outbreak in Indonesia. As we have noted, cases across Indonesia continue to rise at a rapid pace and the country has limited healthcare and financial resources to deal with a widespread outbreak.”The central bank now expects the currency to further gain against the greenback to “pre-pandemic levels” at around Rp 13,600 to Rp 13,800 per US dollar, BI Governor Perry Warjiyo said. It decided to hold its benchmark interest rate last week at 4.5 percent to maintain financial market stability.“We maintain our view that the rupiah remains fundamentally undervalued and will strengthen to reflect its fundamentals,” Perry told reporters in a streamed news conference on May 28.BI recorded a net outflow of $5.7 billion in the first quarter as foreign investors dumped Indonesian assets. From April 1 to May 14, however, the central bank booked $4.1 billion in net inflows, mainly in sovereign debt papers.The COVID-19 pandemic threatens the stability of Indonesia’s financial system, as it has weakened the country’s financial industry and macroeconomic outlook, as well as brought economic activity to a standstill, the Financial System Stability Committee (KSSK) said earlier this month.Economists have warned that nationwide loan restructuring programs and economic risks caused by the pandemic may tighten liquidity in several small banks and lead to higher non-performing loan ratios in the medium term, leaving banks in need of additional liquidity.Bank Central Asia (BCA) chief economist David Sumual said the central bank should aim to stabilize the currency to support the country’s weakening economic activity, adding that the rupiah’s fundamentals were currently around Rp 15,000 per US dollar.“The rupiah’s stability is the priority right now as the currency should be favorable for importers and exporters,” David told The Jakarta Post. “An over-strengthened rupiah may discourage economic recovery in the real sector.”Topics :last_img read more

first_imgThe modern kitchen has stainless steel appliances.The hallways leads past the laundry and ground floor bathroom with shower and toilet, to the spacious downstairs living areas. More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019There is a media room with storage cupboard and an open-plan living, dining and kitchen area opens to the back patio. The designer kitchen includes soft-close drawers, stone benchtops and a walk-in pantry. Outside the patio has a ceiling fan and downlights and looks out over the fenced back yard and established lawn.Facing north, the patio also gets plenty of breezes off Moreton Bay. Back inside, internal stairs lead up to a family room with extra linen cupboards. The home at 56 Ewan St, Margate is on the market.STROLL to the ocean or to the park from this two-storey family home on the market in Margate. The property, at 56 Ewan St, is on a low maintenance block on one of the highest points on the Peninsula. Abode Properties marketing agent Brendan Philp said the new home had a versatile floor plan with large open areas, plenty of storage options and received Moreton Bay breezes.At the front of the home, a porch shelters the entry and opens to a hallway with double linen closets. The low-maintenance backyard is fully fenced.The master bedroom has a private balcony, walk-in robe and an ensuite with separate toilet, laundry chute, spa bath and double basins. The three other bedrooms have built-in robes and the main bathroom has a separate bath and shower. The home has quality carpet and tiles, touches of timber and ducted airconditioning throughout.The double lockup garage has storage space. The property is close to beaches, schools and shops. The home is being marketed by Brendan Philp from Abode Properties for $739,000.last_img read more

first_imgAthletics: Mengden pitched in a game for the first time since undergoing elbow surgery in February. He was moved into the rotation as left-hander A.J. Puk deals with a strained throwing shoulder that landed him on the injured list to start the season and required cortisone and platelet-rich plasma injections. … T.J. McFarland, Jake Diekman and Yusmeiro Petit, all of whom pitched three times in Oakland’s first four games, were rested. UP NEXTThe two-game series ends Wednesday afternoon when Oakland’s Frankie Montas (0-0, 2.25 ERA) makes his second start of the season against Colorado’s Germán Márquez (0-1, 1.59) in a matchup of right-handers. Marquez’s loss on opening day was his first in 16 interleague starts.___More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports July 29, 2020 Tyler Kinley, Daniel Bard and Carlos Estévez combined to two-hit the A’s over the final four innings.Ramon Laureano had two hits and Mark Canha added a sacrifice fly for the A’s, who were attempting to go 4-1 for the first time since 2010.Oakland manager Bob Melvin had been hopeful of resting his taxed bullpen but didn’t get the chance after Mengden (0-1) lasted four innings and gave up three runs on five hits. “Strike one can be a problem for him sometimes,” Melvin said. “He tries to be a little too fine at times. It’s getting the pitch count down and trying to get the other team to put the ball in play earlier in the count.”The Rockies tacked on a pair in the fifth with four consecutive one-out hits and a sacrifice fly off A’s reliever Jordan Weems in his major league debut. They scored three more in the eighth. MILESTONE, BUT NO HITSDavis moved into second place in games played by A’s designated hitters but continued to struggle at the plate. He struck out twice, popped up and hit into a double play in four at-bats, dropping the Oakland slugger to 0 for 15 this season.“I’ve said all along that leashes can be a little bit shorter when you struggle in 60 games,” Melvin said. “It’s like being in August right now. Some of the guys who have track records deserve a little bit of a longer leash. He’s been really good for us over the years.”The game marked the 356th for Davis as the A’s DH, moving him past Mitchell Page on the franchise list. Davis will have to wait until next season to break Dave Kingman’s mark of 428.TRAINER’S ROOM Share This StoryFacebookTwitteremailPrintLinkedinRedditOAKLAND, Calif. (AP) — Sam Hilliard homered for the first time this season, Antonio Senzatela pitched out of an early jam on his way to a rare road win, and the Colorado Rockies beat the Oakland Athletics 8-3 Tuesday night.Charlie Blackmon had two hits, David Dahl drove in a pair of runs and Nolan Arenado made up for an uncharacteristic fielding error with a single and sacrifice fly to help the Rockies to their third straight win following an opening day loss to Texas.“We’ve got a good pitching staff always and this year we’ve been doing good,” Senzatela said. “We were just working for that in the offseason, even through the quarantine. I think we deserve this.”center_img Hilliard was hitless going into the day before doubling off A’s starter Daniel Mengden in the second and then homering in the fourth. Hilliard, who homered in his major league debut last August, laced a 2-2 pitch into the right-field stands after Raimel Tapia singled.“Sam’s blast, the breaking ball in the seats was a great swing,” Rockies manager Bud Black said. “I like the double the other way. We saw Sam do that a number of times last year, take pitches away from him, hit them to left field. The home run gave us a big lift.”Senzatela worked himself into an early jam but got Oakland slugger Khris Davis to pop out with the bases loaded in the first on the way to his first win on the road since July 5, 2019. The right-hander had dropped five straight away from home since then.Senzatela (1-0) allowed two runs (one earned) and six hits in five innings. He walked three and struck out three.“I threw too many pitches in the first inning but I just put on myself, ‘I need to make it through five to give the team a chance to win,’ and I did it,” Senzatela said. Rockies keep rolling behind Hilliard, Senzatela to beat A’s Associated Press last_img read more

first_imgThree hundred and sixty four days ago, Camp Randall roared.The normally solid red bowl was freckled black. Nebraska was finally in town. But little to its knowledge, Nebraska was about to receive one of the worst welcomes to the Big Ten it could have feared.It was highly touted as one of the biggest matchups in the Big Ten last year, but when the final score flashed on the scoreboards, the 48-17 decision seemed more like an ass-kicking rather than a battle of epic proportions.After quarterback Taylor Martinez threw three interceptions and Montee Ball scored four touchdowns, the Cornhuskers faced embarrassment as they were largely expected to run the conference slate in their move from the Big 12.With Nebraska playing host to the rematch this season, the Badgers are excited to get their first chance to play in Lincoln in an atmosphere that’s said to rival Madison’s.“I’ve heard there’s a really great atmosphere there,” junior center Travis Frederick said. “I hear they do things a little bit different than other teams, but I’m excited to get down there. I heard it’s a great stadium, a great atmosphere, a great crowd. Obviously they’re going to be loud and its kind of fun to play road games.”After a solid 210-yard passing performance last week, redshirt freshman Joel Stave will start under center in the conference opener. Senior running back Ball also said there was “no doubt” he will play this week despite sitting out most of the UTEP game after sustaining a concussion near the beginning of the second quarter.“I know I don’t want to sit out of the game,” Ball said.With 213 yards on the ground against UTEP, the offensive line and the running game finally looked like they were starting to gel – elements that had been missing in the previous three weeks.With a stronger looking offense in its final nonconference game, Frederick feels the O-line – despite all its drama previously this season – is ready for what lies ahead.“I think that we’ve taken several good steps and I think we’re working in the correct direction,” Frederick said of the offensive line. “If we continue to take those steps – I think we are going to take a step this week – we’re definitely going to be ready for the Big Ten season.”While the Badgers hope their new-found offensive vibe finds its way to Lincoln, the Huskers are optimistic quarterback Taylor Martinez will continue his stellar season.Martinez, a dual-threat quarterback, reworked his throwing motion in the offseason and has seen it pay dividends through the nonconference season. The 6-foot-1, 200-pound junior has thrown for 878 yards and nine touchdowns, with only one interception, this season.Wisconsin’s defense is aware of Martinez’s revamped game but still remains confident it will be able to test him.“We just have to keep our eyes on him and know whether it’s a pass, and if it’s a pass he could take off and run and get our eyes back on him,” senior linebacker Mike Taylor said. “If he breaks out, breaks contain, we’ve got to have good pursuit and get to the ball.”While Martinez has overhauled his game, Wisconsin is also keying in on Nebraska’s run game, which has scored 14 touchdowns this season.Central to that running game is senior Rex Burkhead. Burkhead has missed a few games this season, but on 11 rushing attempts this season, he’s racked up 187 yards and three touchdowns.“You’ve got to play sound,” junior linebacker Chris Borland said of UW’s rush defense, which has allowed only one touchdown in 2012. “You’ve got to be in the right place when you’re supposed to be there and then you’ve got to tackle. … They’re a great group of players so you’re going to have to do both your scheme and play well.”For the first time this season, Wisconsin hits the road as a true underdog. From the short history between both teams and Wisconsin’s recent stumbles, odds are against the Badgers as they travel to Nebraska.“For us it just comes [down to] doing what we do,” Frederick said. “Coming out and practicing the way that we do all week and hopefully going out and playing the game as well as we have played – obviously taking a step forward. I think it comes down to just being who we are.”Follow Kelly on Twitterlast_img read more

first_imgBy Joseph SapiaHOLMDEL – If attending Deep Cut Orchid Society’s annual show, be careful.It could be the start of an addiction – orchid collecting. That is what happened to Joan Mesander, co-chair of this year’s show, running Thursday, Feb. 11, to Sunday, Feb. 14, at Dearborn Market in Holmdel.“I went to their (annual) show, I bought two plants, Larry (Desiano, the society’s president) talked to me and I joined,” said Mesander, 69, recalling her visit about 10 years ago.Now, she has about 500 orchids in a 225-square-foot greenhouse – with hot water and controls for heating, cooling, humidity and watering – in the backyard of her home in Middletown’s Belford section.Desiano, 66, has about 250 orchids. He’ll take them with him when he moves from his home in Middletown’s Oak Hill section to Florida, expected later this year.At this year’s show, there will be “well over 2,000” orchids, according to Diana Kleiman, a society member and an American Orchid Society-certified judge.“Why do you have an orchid show in February?” Desiano said.Because orchids raised indoors are now blooming, according to Desiano.“In general, I say November through, say, April,” said Desiano, talking about the indoor growing season. “So, February’s the middle of the season.”Helen Kroh, the show’s other co-chair, said there should be hundreds of species.The four-day show combines displaying orchids, selling them, educating people on them – a plant that has an estimated 30,000 species that grow wild on all continents except Antarctica.“We’re happy if we break even,” said Kleiman, who lives in Middletown and has about 200 orchids. “This is the way we get new members. And everybody likes to show off their plants.”The show includes displays by about a half-dozen orchid clubs from New Jersey, Pennsylvania and Connecticut, along with displays by nine vendors. Thousands attend annually, but there are no solid figures because the event is free and people roam freely.Founded in 1986, Deep Cut Orchid Society has about 110 members, mostly from Monmouth and Ocean counties. Its name comes from its former meeting site, Deep Cut Park in Middletown, but now it meets in Tinton Falls.Kroh, 66, of Milltown has been collecting orchids for 30 or 40 years, she said. She now has about 80 in a four-season sunroom.On Sunday, Feb. 7, Deep Cut members who were displaying orchids at the show gathered at Mesander’s home, where they categorized the plants in preparation for the show.“I like Epindendrums the best,” Kroh said. “I can get them to bloom. You grow what you can bloom. An orchid that does not bloom is taking up space.”“You find what works for you,” Mesander said.Desiano said he has been collecting orchids “for at least 30 years.” Then with a young family, Desiano was looking to switch from the stressful, time-consuming hobby of breeding tropical fish.So, Desiano’s wife bought him “one or two” orchids, because he had shown an interest in them, he said.“I think the passion comes out of the diversity (of orchids),” Desiano said.A tangle of orchids.A benefit of orchids is they bloom for long periods – “for weeks and months,” Desiano said.Connie Deren, 58, who lives in Middletown’s Port Monmouth section, has been collecting for 30 years, now keeping about 150 orchids in a sunroom-greenhouse.“I started with just a few and got more,” Deren said. “Then, I met Joan (Mesender) and got more and more. I like Vandas and Paphiopedilums.”Before Mesander got the greenhouse about eight years ago, she kept about 60 orchids in her house.“I had a rack with grow lights,” Mesander said. “When I retired, my husband was afraid I was going to be bored.”So, they got the greenhouse. In warmer weather, Mesander moves her orchids outside.“I gave her an orchid for her birthday (and), three years later, she had a greenhouse,” joked Mesander’s husband, Jerry, 76. “When I saw 200 in here (in the greenhouse), I thought it was full. I was wrong.”As for the two orchids Mesander started with, “I killed those two plants,” she said.“I’ve killed many,” Deren said.“Everybody does that,” Jerry Mesander said.“If you don’t kill a lot of orchids, you’re not a true orchid grower,” she said. “You have to kill them (to understand how) to grow them.”Perhaps, by that time, one is already hooked.“You get that first plant, put it on the windowsill,” said Kleiman, smiling. “Before you know it, you’ve got the disease. You’re hooked.”***ITALS Deep Cut Orchid Society’s annual show runs Thursday, Feb. 11, to Sunday, Feb. 14, at Dearborn Market, 2170 Route 35 South at Centerville Road, Holmdel, 732-264-0256. Show hours are 9 a.m. to 6 p.m. Thursday to Saturday and 9 a.m. to 4:30 p.m. Sunday.Deep Cut Orchid Society meets monthly at Monmouth Reform Temple, 332 Hance Ave., Tinton Falls.last_img read more

first_imgJamaica Scorpions coach Junior Bennett, has said that while he is concerned about the fortunes of the team in recent years, he is not too perturbed at the notion of losing his job. The former regional four-day and one-day championship-winning coach has for the past three years been prevailing over squads that have produced substandard outcomes. This lack of results has been evident in the regional first-class championship, where two years ago, the team finished fourth, and last year, fifth. The one-day team has not been firing on all cylinders either, with the team over the past three seasons having a record of two semi-final appearances, and a first-round exit. “If you are the coach of the side and they are not playing well, then you have to take responsibility for it,” Bennett told The Gleaner following the team’s eight-wicket defeat to Trinidad and Tobago Red Force in the WICB First-Class Championship at Sabina Park earlier this week. “But, in life, just you just have to do what you have to do. That’s the way I see it. That’s the way I work. You are going to have good times and bad times.” The defeat by Jamaica was their fourth of the season in seven outings, with the others being victories. It followed a surprising 82-run defeat away to Leewards Hurricanes the previous week. This has placed them in third position on 60 points and with only a mathematical chance of surpassing leaders and defending champions Guyana Jaguars, who has 107. B’DOS IN SECOND PLACE The Barbados Pride, 90, are in second position with Red Force fourth on 56, Windwards Volcanoes fifth on 41 and the Leewards rounding off the standings with 36. “No, I am not worried,” Bennett said when asked if he was worried that the team’s lack of results could cost him his job. “Anytime you play cricket and dominate for a period of time, you are going to have a time when you just have to rebuild,” Bennett added. The Scorpions, who changed captain from Paul Palmer Jr to John Campbell last weekend in a bid to try and arrest their flagging fortunes, are scheduled to face the Pride at Sabina Park this weekend in the eighth round of the 10-round championship.last_img read more

first_imgLinda McClean is a food scientist who returned to Donegal after living abroad for almost 20 years. From her home in Newtowncunningham she runs Mallow Mia, a gourmet marshmallow company. She pops up at various food festivals and sells online via www.mallowmia.com. Her amazing treats are popular for weddings, parties and gifts. As well as running Mallow Mia, Linda works as a food consultant helping businesses develop new food products at the Foodovation centre in the North West Regional College.This weekend you’ll find Linda at A Taste of Donegal Food Festival, running from 23rd-25th August. Make sure to pick up some mallows for yourself to see how good they are! Mallow Mia caramel gourmet marshmallows – mallowmia.comThis is Linda’s ‘My Donegal’:(1) What is your favourite place in Donegal and why?I’d say absolutely anywhere along the Atlantic drive on a sunny day. – it’s got breathtaking scenery and the beaches are never overcrowded. I also recently rediscovered Glenveagh, I kept saying to myself “oh wow it’s gorgeous”. We have so much on our doorstep; it’s hard to choose a favourite.(2) What would your ideal day off in Donegal be like? I’d set off early, go up Errigal, come down feeling all accomplished and have a bbq and a lie down on the nearest beach. That’s the sort of thing that fills my soul. If a boat trip round Sliabh Liag could be fitted in that’d be even better. (3) Who is the one person in Donegal that you look up to and why? I love what Erin Mc Ginty is doing with her Instagram page @coolestplaceontheplanet. She’s great at showing what’s available in the county.(4) Daniel O’Donnell or Packie Bonner? Packie Bonner has more emotional memories for me but I’d be more star struck by Daniel.(5) What has been Donegal’s proudest moment in recent years? It’s probably being named the coolest place on the planet by National Geographic. My son wouldn’t forgive me if I didn’t also mention the Star Wars filming at Malin Head as well.(6) If you could change one thing about Donegal what would it be? Make us all appreciate what we have here. The countryside is so beautiful I just don’t get it when I see fly tipping at a local shore & litter along road sides. I’d love us to take more pride in our county. Plus I’d paint all the buildings in small villages bright happy colours like in Kinsale.(7) What is your favourite Donegal-made product? There’s so many great craftspeople and artists but for now I’d say Kinnegar beerMallow Mia founder Linda McClean(8) Who is Donegal’s greatest ambassador around the world and why? We’ve Donegal people all around the world and they’re all the real ambassadors of the county.(9) Who is Donegal’s most successful businessperson in your opinion?I love what Laura Bonner has been able to achieve with the MUFF liquor company in just a couple of years.(10) Who is your favourite Donegal sportsperson of all time? Packie Bonner for the penalty shoot out memories(11) What is your favourite Donegal restaurant?I really enjoy a great steak, a beach and a cosy pub atmosphere so would say the firebox grill in Fahan.Mallow Mia lemon meringue gourmet marshmallows – mallowmia.com(12) What is your favourite Donegal saying or expression?‘Jeees it’s wile warm’. Or if someone tells you a sad story you’d say ‘ aw that’s wile’.(13) What is the biggest challenge facing the people of Donegal today?Brexit is a major headache for sure. I live close to The N13 and there’s so much traffic on that stretch between Derry & Letterkenny. I’m just still hoping they’ll see sense and it won’t go ahead. Who knows.(14) What is your favourite Donegal food? I love freshly baked wheaten bread.(15) Is there anything that really annoys you about Donegal or its people?Donegal people are really friendly & helpful. I totally recognized that when I came back home after being abroad. We can be a bit too modest though which is endearing in some ways but doesn’t always serve us well in the big bad world. Congratulating ourselves now and again wouldn’t go a miss.(16) If you had a million euro to improve something in Donegal what would it be?There’s a lot of work to be done on mental health. I’d get schools to teach kids how to deal with problems and anxieties via CBT. If we change the way we think we can change how we feel and behave. It’s a vital but very basic life skill.(17) What has been the most exciting moment of your career so far?I headed off to Heidelberg in Germany at 24 to become a beverage technologist at a flavour company.I filled my Vauxhall Nova with all my belongings and drove there myself. I could only speak about 10 words of German &, knew no one there but it didn’t bother me one bit. It was all about the great unknown and freedom. I started my career in drinks development there, and looking back it was a real adventure.Mallow Mia raspberry gourmet marshmallows – mallowmia.com(18) Is there anything about Donegal that you are very proud of?I love how when I mention I’m from Donegal the reaction is positive. I usually get an ‘aw I love Donegal’ reaction from the other person. That’s really cool.Would you like to share your perspective on Donegal? If you’d like to take part in the ‘My Donegal’ series simply email info@donegaldaily.comMy Donegal – with marshmallow maker Linda McClean was last modified: August 19th, 2019 by Rachel McLaughlinShare 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:foodlinda mccleanmallow miaMY DONEGALlast_img read more

first_imgFunding basic public services “We are mindful of the fact that even though transfers to municipalities have increased strongly over the past five years, service delivery problems persist,” Gordhan said. The government has acknowledged that while progress has been made in the transformation of local government, there is still a long way to go before all municipalities in the country are fully functional and sustainable. The Industrial Development Corporation will play a key role in the implementation of the government’s Industrial Action Plan soon to be unveiled by Trade and Industry Minister Rob Davies. Gordhan said the government had taken steps to equip development finance institutions to step up their lending to municipalities, land reform programmes and businesses in distress as result of the financial crisis. A guarantee of R15.2-billion has been approved for the Development Bank of Southern Africa, enabling it to extend capital to poor municipalities for infrastructure projects. A further R2.5-billion will go to the Municipal Infrastructure Grant to help municipalities address issues of aging infrastructure and to improve provision of services. Municipalities countrywide have been the subject of fierce criticism, something believed to have sparked widespread service delivery protests. Some have cited issues of budget shortfalls as causing a lack of service delivery. Delivering a Budget totalling R907-billion, Gordhan said the country’s municipalities would receive an additional R6.7-billion through the local government equitable share to help them cushion poor households from the rising costs of electricity and water. Last year, government approved a strategy to turn around local government. The strategy aims to respond to both internal problems such as transparency of procurement systems as well as external factors.center_img 17 February 2010 A sizeable number of municipalities countrywide were cash-strapped in the past financial year as most families in poor households battled to pay for services. The equitable share funding allows municipalities to supplement their revenue in order to achieve the intended access to basic public services for communities. Gordhan said his department was working with the Department of Co-operative Governance and Traditional Affairs to ensure that the higher spending allocations to municipalities translated into real improvements in people’s lives. Development finance Delivering his maiden Budget speech in Parliament in Cape Town on Wednesday, Finance Minister Pravin Gordhan announced a R55-billion allocation to South Africa’s cash-strapped municipalities for 2010/11, set to increase to R78-billion in 2012/13. “We need better alignment between provincial government budgets and national priorities,” he added. Municipalities: long way to go Source: BuaNewslast_img read more

first_imgSania Mirza and Saketh Myneni defeated their Chinese rivals 6-4, 6-3 to win the Asiad goldIndian tennis sensation Sania Mirza teamed up with Saketh Myneni to clinch the elusive gold medal in mixed doubles tennis event as India maintained the ninth position in the overall standings on the 10th day of competitions in the 17th Asian Games on Monday.The Indian duo thrashed the Chinese Taipei pair of Hsien Yin Peng and Hao Ching Chan in straight sets 6-4, 6-3 during their final clash of the event.Wrestler Bajrang and the men’s tennis combination of Sanam Singh and Myneni picked up silver medals on yet another productive day for the Indian contingent.Athletes O P Jaisha (women’s 1500m) and Naveen Kumar (men’s 3000m steeplechase) and wrestler Narsingh Pancham Yadav (74kg) also contributed to the medal collection by picking up bronze medals.Sania Mirza unleashes a forehand during her mixed doubles final at Asian GamesThe 27-year-old Sania stole the limelight as she paired up with unheralded Myneni to carve out an easy victory in the final against the Chinese Taipei pair of Hao Ching Chan and Hsien Yin Peng as the Indians ended their tennis campaign with an impressive haul of five medals.On the track and field, it was Seema’s day as she clinched the coveted gold medal, making amends for her non-participation in the last two Games in Guangzhou and Doha.Bajrang (61kg) was also a star performer as he scripted remarkable come-from-behind victories to reach the final where he ultimately succumbed to Massoud Mahmoud of Iran in a closely-contested bout.advertisementThe wrestlers continued to provide the much-needed boost to India’s medal collection as Narsingh Yadav also claimed a bronze in the men’s 74kg freestyle event.Sania Mirza and Saketh Myneni celebrate after winning the mixed doubles gold medalWith the addition of seven medals today, India maintained their ninth position with a total of haul of 42 — six gold, seven silver and 29 bronze. China maintained their supremacy with a tally of 238 (112-72-54) followed by hosts South Korea 146 and Japan 132.However, there was disappointment for the women’s hockey team which lost the semifinal match against South Korea 1-3 and will now take on Japan for the bronze medal play-off.The boxing ring also did not bring much cheers for the Indians with former World Championship bronze-medallist Vikas Krishan (75kg) being the only one to advance to quarterfinals.Gaurav Bhiduri (52kg), Mandeep Jangra (69kg) and Kuldeep Singh (81kg) bowed out after losing their respective quarterfinal bouts.last_img read more

first_imgFormer India fast bowler Venkatesh Prasad was not too happy with MS Dhoni’s poor batting display at the Asia Cup 2018 in the United Arab Emirates.Dhoni has struggled with the bat ever since he joined the Indian team after a successful stint with Chennai Super Kings in the Indian Premier League this year.The 37-year-old amassed 455 runs in 16 IPL games this year at an average of 75.83 with three half-centuries.Everybody had hoped that Dhoni would carry that form into the national team as well but the former captain has struggled to score runs consistently ever since.Also read – I am a lot like MS Dhoni as captain: Rohit Sharma after winning Asia Cup 2018This year Dhoni has aggregated just 225 runs in 10 ODI innings at a paltry average of 28.12 with a highest score of just 42 not out. After the IPL, Dhoni has managed scores of 37, 42, 0, 33, 8 and 36.”At the end of the two-week cricket extravaganza in the UAE, Rohit Sharma and Co. emerged deserving Asia Cup champions. With the focus on next year’s World Cup, the victory is a big statement of intent by the Indian side. Having said that, it was also a reality check for the middle order, which still looks fluid. MS Dhoni will need to step up as a batsman. Although Rishabh Pant is waiting in the wings, Dhoni’s wicketkeeping skills remain sharp and a cut above the rest,” Prasad wrote in his column for Times of India after India won a record 7th Asia Cup on Friday.Also read – MS Dhoni bonded with junior cricketers over hookah: George BaileyadvertisementDespite stepping down as captain, Dhoni has continued to influence the Indian team as a strong leader. He can be heard giving instructions to talented young spinners Kuldeep Yadav and Yuzvendra Chahal. Besides, Dhoni’s use of the Decision Review System (DRS) in the shorter formats has helped India on several occasions.But it is his form with the bat which has been a huge cause for concern for the Men in Blue. Not only has Dhoni struggled to score runs, but he has also found it hard to maintain a healthy strike rate on the rare occasions that he has scored some runs.Also read – MS Dhoni captains India for 200th time in one-day internationalsOn one occasion at Lord’s this year, Dhoni was even booed by the frustrated fans due to his 59-ball 37 in a steep chase of 323 in the second ODI against England.Prasad is not the first one to voice his concern with Dhoni’s form. Former India skipper and India Today expert Sunil Gavaskar wants Dhoni to return to domestic cricket to regain form.”Dhoni should be playing domestic cricket and should be playing the four-day games as well because he will help so many of the emerging players from Jharkhand.Also read – MS Dhoni should play domestic cricket: Sunil Gavaskar”I know he travels with the team (Jharkhand), he acts as their mentor but to actually have him playing with them is a great inspiration. He will be a great inspiration to the younger players in the team,” Gavaskar had told India Today earlier this week.”In the 50-over game you have limited opportunities but if you play a four-day game and play a long innings its great for your stamina, for your legs, for the rhythm that you want in limited-overs cricket,” he added.Dhoni will next be seen in action during the limited-overs leg of the West Indies series in October.last_img read more