Newspaper editor released on bail after 24 hours

first_imgNews Photo : Philimon Bulawayo/Reuters ZimbabweAfrica September 1, 2020 Find out more News RSF_en News Receive email alerts Follow the news on Zimbabwe Organisation Reports to go further ZimbabweAfrica Help by sharing this information Zimbabwean court must free imprisoned journalist who is unwell November 27, 2020 Find out more Zimbabwean journalist Hopewell Chin’ono denied bail December 1, 2010 – Updated on January 20, 2016 Newspaper editor released on bail after 24 hours November 12, 2020 Find out more The 2020 pandemic has challenged press freedom in Africa Reporters Without Borders hails today’s release of The Standard editor Nevanji Madanhire after he had been detained for about 24 hours in Harare’s Rhodesville police station.He was freed on bail of 100 U.S. dollars by judge Don Ndirowei, who ordered an investigation into a complaint by Madanhire’s lawyer, Chris Mhike, about the length of Madanhire’s detention.Mhike said the police had violated a basic right by holding his client for so long after he turned himself in. “It seems that the dark times of human rights violations are back,” he said. “I urge the judicial authorities to investigation.Reporters Without Borders supports Mhike’s statements and appeals to the authorities to call the police to order.——————————————————01-12-10- Newspaper editor arrested in Harare, shortwave radio sets seized in rural areas- Reporters Without Borders is very disturbed by yesterday’s arrest of Nevanji Madanhire, the editor of the Harare-based weekly The Standard, and calls for his immediate release.The press freedom organization condemns the threatening methods being used by the police and the climate of fear they have created for Zimbabwean journalists. We regret that freedom of opinion is being gagged in this manner in the run-up to next year’s elections and at a time when President Robert Mugabe has made it clear he wants to put an end to the coalition government.Madanhire’s arrest came four days after his correspondent in the southwestern city of Bulawayo, Nqobani Ndlovu, was freed at a judge’s behest from Khami prison, where he had been held for nine days. An earlier Reporters Without Borders release condemned Ndlovu’s arrest on 17 November for an article questioning the probity of the local police .The Harare police initially tried to arrest Madanhire on 29 November, when they went with a warrant to Alpha Media Holdings, the company that owns The Standard, but Madanhire, who had been in hiding for the previous 10 days, was not there.Accompanied by his lawyer, he turned himself into the police the next day and is now held at Rhodesville police station in Harare, where he is being questioned by members of the “Law and Order” section of the Criminal Investigation Department.Reporters Without Borders has also learned that the police in rural areas have for some time been confiscating shortwave radio sets from people caught listening to programmes made by Zimbabwean journalists in exile. The press freedom organization firmly condemns the use of such methods to censor information and restrict individual freedom. They must stop at once, and the sets must be returned to their owners.NGOs recently distributed shortwave radio sets to rural residents to enable them to receive alternative radio programmes broadcast from abroad. Studio 7, Radio VOP (Voice of the People) and Shortwave Radio Africa – broadcast from Washington, South Africa and London, respectively – have around 1 million listeners. Studio 7 contributed to the distribution of radio sets so that people could listen to something other than the pro-government Zimbabwe Broadcasting Corporation (ZBC).Five homes in Bikita West, in the province of Masvingo, were raided on 25 November and radio sets were seized. Norbert Chinyike and Charles Mhizha, two supporters of the Movement for Democratic Change (the former opposition party currently in a shaky coalition with Mugabe’s ZANU-PF), were arrested after radio sets were found in their possession. They were later released without being charged.Shortly before that, police searched the offices of the NGO Democratic Councils Forum in Gweru and arrested an employee after discovering radio sets that were awaiting distribution in the countryside.Jastone Mazhale, the president of the Gwanda Agenda pressure group, said police inspected his offices and questioned him about radio sets. He said they told him they were acting on orders from police headquarters in Harare.Radio sets that been distributed to rural residents by NGOs were seized by police in Mashonaland East on 27 October.A representative of the human rights group ZimRights said police accompanied by members of the Central Intelligence Organisation (CIO) carried out an operation in Murehwa district, confiscating radio sets that had been distributed by NGOs and threatening the residents who were found with them.National police spokesman Wayne Bvudzijena said he was unaware of such incidents but promised to make enquiries.“We condemn this large-scale censorship campaign being carried out in rural areas of the country where access to news is already limited and where the authorities deliberately try to keep the media presence to a minimum,” Reporters Without Borders secretary-general Jean-François Julliard said. “These measures are designed to limit the population’s access to freely-reported news and to ensure that the views expressed by pro-government media are not challenged by the views of independent and opposition media,” Julliard added. “This is an attack on media diversity.”last_img read more

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Maersk Posts Higher Earnings in 2019, Expects Weak Start of 2020 amid Coronavirus Outbreak

first_imgDespite weak market conditions and slow container growth of 1.4 percent, Danish shipping heavyweight A.P. Moller – Maersk managed to improve earnings and free cash flow in 2019.The company’s earnings before interest, tax, depreciation, and amortization (EBITDA) were up by 14 percent to USD 5.7bn compared to 2018 and the EBITDA margin increased to 14.7 percent.Revenue decreased slightly to USD 38.9bn in 2019 from USD 39.3bn.Free cash flow was USD 6.8bn, compared to USD 5.1bn last year and CAPEX declined by USD 1.2bn to USD 2bn in 2019.“Despite weaker market conditions A. P. Moller – Maersk was able to improve profitability and cash flow. Our cash return was healthy, and we continued the reduction of net interest-bearing debt, leading to a further deleveraging of USD 3.3bn over the year. It gives us a solid starting point for 2020 to further expand our end-to-end offering within container logistics while at the same time managing the market challenges that are obviously out there,” CEO of A.P. Møller – Mærsk A/S, Søren Skou, said.“While we still need to improve returns, we delivered solid progress in our financial performance in 2019 while progressing the business transformation, in spite of weak trade growth, ongoing trade tensions and geopolitical uncertainty in many markets.”In Ocean, EBITDA in 2019 increased 15 percent to USD 4.4bn, with revenue at USD 28.4bn amid a small decrease in volumes to 13.3m FFE. Unit cost at fixed bunker decreased by 1.7 percent, mainly due to improvements in capacity management and foreign exchange rate developments.EBITDA in Logistics & Services saw a 24 percent increase to USD 238 million, while revenue decreased slightly to USD 6bn from USD 6.1bn, driven by a decrease in sea and air freight forwarding activity, which was only partly offset by an increase in warehousing and distribution.Terminals & Towage reported an increase in EBITDA of 11 percent to USD 1.1bn with a revenue increase of 3.2 percent to USD 3.9bn.In gateway terminals, EBITDA increased by 17 percent to USD 902m, amid a ramp-up of the new terminal in Moin, Costa Rica, higher volumes, higher storage income and reduction in SG&A.Maersk said that synergies harvested from the Hamburg Süd acquisition and the integration of transport and logistics reached USD 1.2bn, which is above the expected target.The long-term target on return on invested capital after tax (ROIC) grew to 3.1 percent in 2019, compared to 0.2 percent the year before.Q4 took a tumbleIn the fourth quarter of 2019, A.P. Møller – Mærsk A/S’ share loss hit USD 72 million, compared to the prior year’s profit of USD 32 million.Loss from continuing operations in Q4, 2019 reached USD 61 million, compared to a loss of USD 72 million a year ago.The underlying profit from continuing operations was USD 29 million, down from USD 65 million in 2018.Revenue fell to USD 9.67 billion from USD 10.24 billion in 2018.Outlook for 2020For 2020, Maersk expects an EBITDA of around USD 5.5bn, before restructuring and integration costs. The organic volume growth in Ocean is expected to be in line with or slightly lower than the estimated average market growth of 1­3 percent for 2020.“The outlook and guidance for 2020 is subject to significant uncertainties and impacted by the current outbreak of the Coronavirus in China, which has significantly lowered visibility on what to expect in 2020. As factories in China are closed for longer than usual in connection with the Chinese New Year and as a result of the Coronavirus, we expect a weak start to the year,” Maersk said.“The guidance for 2020 is also subject to uncertainties related to the implementation of IMO 2020 and the impact on bunker fuel prices and freight rates combined with the weaker macroeconomic conditions and other external factors.”The accumulated guidance on CAPEX for 2020-21 is still USD 3­4bn. A high cash conversion (cash flow from operations compared to EBITDA) is expected for both years.last_img read more

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