Items filtered by date: Tuesday, 02 December 2014

Jan 22, 2018  -  Some of the girls wear hijabs, others are barefoot and the sandy pitch is marked out in charcoal. But the 14 players could be Ghana's rugby stars of the future.  One of them, Maimuna Dawda, used to watch matches on television before she got the chance to hold the oval ball for herself in 2016. Now, the 14-year-old plays three games of short-format seven-a-side every week at the Kanda Cluster of Schools that she attends in the capital, Accra.

Jan 22, 2018  - Innovative New Zealand ISP Wireless Nation is launching an asset locating tracker whichcould save thousands of dollars for many businesses and individuals.  The Fox Tracker is a small device which connects to the global Sigfox network being rolled out throughout New Zealand.  The network is specifically designed to enable Internet of Things devices because it draws far less energy from connected devices than traditional networks.

Jan 22, 2018  -  Last night, Beingmate Baby & Child Food Co Ltd (Beingmate) issued a forecast earnings downgrade for its financial year ended 31 December 2017, revising the previously announced forecast loss of RMB 350 million – RMB 500 million to a forecast loss of RMB 800 million – RMB 1 billion (NZ$171 – NZ$214 million). As an investor in Beingmate (18.8 per cent shareholding), we are extremely disappointed by this announcement and the on-going performance of the company. We are seeking more information on the forecast downgrade in addition to receiving Beingmate’s full year financial statements. We will consider the financial implications on our investment for the purposes of our upcoming interim financial results. We are also aware that as part of this announcement, four Beingmate directors, including the two directors designated by Fonterra, have expressed reservations relating to some aspects of Beingmate’s financial management and reporting practices. We have total confidence in the judgement of our designated directors (Johan Priem and Christina Zhu) and that their actions are in the best interests of Beingmate and all of its shareholders. We are concerned about the reservations they have expressed and are seeking clarification on the matters of concern. Despite Beingmate’s recent performance, the strategic rationale for our broader partnership with Beingmate still stands. We are disappointed that Beingmate is not maximising the opportunity created by the early registration of its 51 formulations under the new registration rules. The Chinese market is growing rapidly and within five years, forecast demand for infant and baby dairy products will be more than the total for other global markets, so the potential remains. China is one of Fonterra’s largest global markets, accounting for NZ$3.4 billion of our sales revenue and a normalised earnings contribution of greater than NZ$200 million in FY17. Our business in China has been enabled by our integrated strategy, comprising of Ingredients, Consumer and Foodservice, our China farms and our Beingmate partnership.

| A Fonterra release  ||  January 22, 2018   |||

Jan 22, 2018  -   These days its easy to go on-line and arrange your travel with a few clicks of the mouse and credit card at hand.  Whilst its a straight forward process for say a return air ticket or overnight accommodation once you get into a more detailed requirement is it the wisest thing do?  Risk management like in every facet of a business applys in travel planning as well.  By using an expert you are covering your back and helping rid yourself of those nagging thoughts have I missed something or got the best deal?

Jan 22, 2018  -  Dramatic change is needed to grow New Zealand’s small business economy and, to that end, a summit of heavy hitters are gathering in Auckland next week (January 31) to push for a new approach. Entrepreneur Tenby Powell put out a call pre-Christmas for Government to establish an Institute for Small Business and gained overwhelming support from within New Zealand and farther afield.

Jan 22, 2018  -  Air New Zealand’s latest marketing campaign puts a quirky spin on holiday planning, using facial recognition technology to predict an individual’s dream Queensland getaway.

CANZUK International’s online petition, advocating free movement of citizens between Canada, Australia, New Zealand and the United Kingdom, has received over 200,000 signatures (and is continuing to rise).