Wednesday, 14 September 2016

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Monday, 13 June 2016

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Wednesday, 1 June 2016

Snapdeal Plans To Scale Down Operations In Regional Offices

Indian e-commerce major Snapdeal is reportedly planning to scale down its operations in its few regional offices including the major ones in Mumbai, Bangalore, Kolkata, and Hyderabad. According to a report, which cited unnamed people within the company, the firm may even shut down its few offices in next 6 months if it fails to raise a fresh round of funding.


Snapdeal has been facing the heat of intense competition from Flipkart and Amazon for quite some time now. This new report follows the recent exit of Chief Product Officer Anand Chandrasekaran who was one of the most important senior executives.

According to anonymous category managers, account management executives and seller onboarding team managers at Snapdeal, the company has also asked many of its other employees to relocate to Delhi head office prompting them to resign.

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In fact, the vendor and accounts management teams in Bangalore are already down from 85 people a year ago to 45 people at present. This is further indicative of the turmoil which might be going on within the company.

As per a senior executive, some employees, who were asked to relocate and failed to do so, have been given severance packages for two months.

In addition to this, some employees also left the company due to impossible demands of the company from employees regarding its performance improvement plan. Back in February, the company had reportedly placed around 200 employees on notice and asked them to go through a 30-day Performace Improvement Plan.

The people mentioned above also revealed that the company is now focussing more on its ad business. And this is indeed true as the company recently launched a new version of its ad platform to enable sellers to target buyers based on their online behaviour, geo-location, and purchase history.

However, a spokeswoman for the company has denied the reports of scaling down Snapdeal operations and leaving of employees.The spokeswomen wrote,


“We are relocating all our NCR-based team members to our Gurgaon campus, as the lease on other smaller NCR based locations comes to an end. The capacity in the Gurgaon campus has been designed accordingly. Any team members choosing to leave for their individual reasons receive all payments due to them per their employment contract.”

Earlier this year, Snapdeal’s parent company Jasper Infotech had raised $200 million from Ontario Teachers’ Pension Plan and Singapore-based investment entity Brother Fortune Apparel.

However, given the huge losses of last financial year which rose to Rs. 1328 crore, the company is looking to raise much more amount of funding to sustain its operations and remain in competition with Amazon and Flipkart.

Tuesday, 26 April 2016

Lucky or Chucky? Thai spirit dolls delight and disturb

Driving to a Buddhist temple on the northern fringes

of Bangkok, beauty salon owner Natsuda Jantaptim is

running through her youngest daughter’s likes and

dislikes.

“We sleep in the same bed together, she has her own

pillow and blankets,” she told AFP, her daughter

sitting quietly in the front passenger seat.

“We didn’t switch the air-con on two nights ago

because she was cold. In the morning, she likes to

drink strawberry milk,” she added.

On first reckoning, it sounds like the everyday

observations of a dedicated mother.

Except the daughter Natsuda refers to isn’t real.

Certainly not in the living, breathing flesh and

blood sense.

She is a meticulously groomed plastic doll, part of

the latest celebrity-fuelled superstitious craze

that has swept the country — much to the dismay of

the kingdom’s conservative military rulers.

Known in Thai as “luuk thep” (child angels), the

pricey dolls, which can cost up to $600, were first

popularised a little over a year ago by celebrities

who claimed dressing up and feeding the dolls had

brought them professional success.

Believers say the dolls — many of which are blessed

and have sacred scripts drawn on them by a monk —

contain the spirit of a real child and must be

treated as a living being.

The theory runs that those who look after their

dolls like members of the family will see good

fortune returned to them.

As a result, plastic dolls are now taking their

seats at restaurant tables, cinemas and even on

airplanes.

– Luck, magic and belief –

Natsuda, 45, lives with her very real 21-year-old

daughter.

But that has not dimmed her affection for the doll,

auspiciously named ‘Ruay Jang’ (So Rich).

“Since I got ‘Ruay Jang’ my life has really changed.

For example I won the lottery which I had never won

before,” she explained.

After praying for help from her doll, she added, a

friend paid back a significant loan after years of

fruitless efforts to chase it down.

Asked what she would say to those who think her

credulous she replied: “It’s a personal belief, I

cannot blame those who don’t believe in it but I

believe in what I worship.”

In many ways Thailand’s child angel craze is simply

the latest manifestation of a deeply superstitious

society that places enormous emphasis on warding

away bad luck and making good merit.

More than 90 percent of Thais identify themselves as

Buddhist. But the country’s Buddhism is known for

its syncretism, comfortably blending many animist

and Hindu traditions into daily worship.

Many Thais fervently believe in good and malevolent

spirits — and that offerings or the latest lucky

charm will ward off bad karma.

In the late 2000s a style of large amulet became the

latest “must have” item — often selling for

thousands of dollars each — following the death of a

popular police officer who claimed the charms helped

him solve a murder case.

The luuk thep craze appears to have divided Thais.

Some see it as a natural extension of their merit-

making traditions while others deride it as a

commercial ruse and symbol of the dumbing down of

Buddhism.

“I freak out sometimes when I see them on the

train,” admitted Lakkhana Ole, a 31-year-old graphic

designer from Bangkok who says she spots dolls

increasingly often around the city.

A poll this week by Bangkok’s Suan Dusit Rajabhat

University found two-thirds of Thais saw the dolls

as something positive if it gave them direction or

helped alleviate loneliness.

But the same poll also found that 72 percent of

respondents dismissed them as the hocus-pocus of

overly superstitious people.

– ‘Damn you, you idiot’ –

“It reflects that society is perverse,” Phra Buddha

Issara, a conservative nationalist monk, famous for

his fiery denunciations of commercialism with

mainstream Thai Buddhism told AFP.

“If you’re lonely… you can just go out and talk to

your neighbours, interact more with others, do good

things for public, help the blind, sweep floors or

grow plants,” he added.

Asked if he would he bless someone’s doll he

replied: “The only thing they would receive from me

is: ‘Damn you, you idiot.”


Issara’s criticism has been matched by Thailand’s

justice minister, a former general, and the

country’s top police officer, both of whom have

publicly fretted that the craze is getting out of

control.

Phra Ajarn Supachai, a monk in Nonthaburi’s Bangchak

temple has no such qualms. He regularly conducts

prayer sessions for luuk thep dolls and their owners

— for a donation.

“People began turning up with the dolls about three

years ago,” he told AFP. “Now we get around ten

people a week.”

Natsuda’s friend Mae Ning is a regular. Last week

she took Natsuda to chant prayers as the saffron-

robed Supachai anointed all those present, dolls

included, with a stick soaked in sacred water.

Mae Ning, an avid collector and trader in luuk thep

dolls, believes many Thais are looking for comfort

in uncertain times.

“Some people are stressed about Thailand’s bad

economy, its politics, their jobs and finances, so

they want something to attach to,” she explained.

“When people have the dolls, they feel that they are

happy just like they are in another world.”

Natsuda, admits many find her attachment to Ruay

Jang unusual.

“But honestly I don’t care because what I do doesn’t

cause anyone trouble,” she said.


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Monday, 28 March 2016

World Road Race Champion Lizzie Armitstead Wins Trofeo Alfredo Binda

The world road race champion timed her challenge to perfection, attacking near the end of the one day race to come home more a second clear of runner-up Megan Guarnier, one of her Boels-Dolman team-mates.

Armitstead has only raced four times this season, winning the Omloop Het Nieuwsblad in the Netherlands last month before taking the Strade Bianche in Italy earlier this month.

She tried to make it a hat-trick in the Ronde van Drenthe last weekend but was forced out of the race some way before the finish because of illness.

American Guarnier was no match for a rejuvenated Armitstead's sprint finish but she was able to hold on for second ahead of the fast-finishing Jolanda Neff, who claimed third place for Servetto Footon.


Trofeo Alfredo Binda - final result:

1 Lizzie Armitstead (Gbr) Boels-Dolmans 3hr 11min 10sec

2 Megan Guarnier (USA) Boels-Dolmans +1sec

3 Jolanda Neff (Swi) Servetoo Footon +4

4 Emma Johansson (Swe) Wiggle High5 st

5 Alena Amaliusik (Blr) Canyon SRAM st

6 Anna Van Der Breggen (Ned) Rabobank-Liv st

7 Katarzyna Niewiadoma (Pol) Rabobank-Liv +11

8 Annemiek Van Vleuten (Ned) Orica-AIS +39

9 Lauren Kitchen (Aus) Hitec Products +1:06

10 Giorgia Bronzini (Ita) Wiggle High5 st

Also:

20 Dani King (Gbr) Wiggle High5 st

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Wednesday, 8 October 2014

Malawi’s minimum wage now at K551 per day

Malawi Government has revised the statutory minimum wage from K317 to K551 per day. This should be good news for low earners working in factories, security companies as well as domestic workers who have been crying over the past two years for the minimum wage to be adjusted upwards.
The development means that a worker working 30 days of the month will now be earning a minimum of K16, 530 from K9, 510. A statement from the Ministry of Labour released yesterday says the new minimum wage applies without exception to all sectors of the economy and in all areas.

“Employers are reminded that, in terms of section 55 of the Employment Act, cap 55.01, it is an offence to pay an employee a wage that is below the prescribed statutory minimum wage,” reads the stamen in part.
For a long time now there has been an outcry from the different sectors and individuals for government to raise the minimum wage.

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Thursday, 21 August 2014

Malawi's Joyce Banda and the Rise of Women in African Politics

Malawi’s new president Joyce Banda is another proof of the strength of women in African politics. She has overcome tribulations to shoot to the top of her country’s leadership ladder.

Motherly and resplendent in rich African colours, Joyce Hilda Banda came across as the perfect embodiment of African feminine grace when the international media focused on her swearing-in as Malawi’s fourth president on Saturday April 7, 2012, in Lilongwe, the country’s capital city.

Taking office as president following the sudden death of maverick President Bingu wa Mutharika on Thursday April 5, Ms Banda has made history as Malawi’s first female head of state. After having been her country’s first female vice-president, she has now also added more feathers to her hat by becoming the second female president in Africa in modern times, after Liberia’s Ellen Johnson Sirleaf.

Although somewhat self-effacing, Banda had already made enough impact during her political and civic career to have been listed in Forbes Magazine in 2011 as the third most powerful woman in Africa, behind President Sirleaf and Ms Ngozi Okonjo-Iweala, Nigeria’s Finance Minister.

Given Banda and Sirleaf’s shared status as Africa’s only two female presidents, it is not surprising that the latter was one of the first people to congratulate Banda and welcome her as the second woman leader in Africa. “This means I no longer will be lonely,” Sirleaf said during a recent interview. “The potential for more women leadership at the highest level is now being made even stronger.”

Soon after her swearing in, the Malawian and international media were profuse in hailing Ms Banda’s smooth inauguration as a triumph for democracy. Taking the lead, Malawi’s own Sunday Times stated in an editorial that the new president’s inauguration had “helped to entrench and cement a democratic culture in the country”.

The paper then described the event as ‘a breath of fresh air after the divisive and confrontational rhetoric that characterised presidential parlance over the last few years’, and hailed the orderly transition as welcome “on our African continent, where smooth transitions are rare”.

As for Ms Banda, she spoke in conciliatory tones during the inauguration ceremony, calling for unity and a rejection of revenge. That was despite the fact that her elevation had come only two days after the death of the increasingly controversial former president, Bingu wa Mutharika, who considered her a rival and had been openly and persistently adversarial towards her in both word and deed.

True to her reputation as a peacemaker, during her swearing in ceremony Ms Banda fervently appealed for national unity. “I want all of us to move into the future with hope and with the spirit of oneness and unity,” she told her compatriots. “I hope we shall stand united, and I hope that as a God-fearing nation we [shall] allow God to come before us, because if we don’t do that then we [shall] have failed.”

Ms Banda’s placid demeanour aside, her combative personal and political history indicates that the lady president’s serene motherly looks can be deceptive. Having just celebrated her 62nd birthday, which fell on Thursday April 12, she has a well-earned reputation as a hard nut to crack when it comes to politics.

It was indeed not surprising that, having been the late Mutharika’s running mate when she stood as the vice-presidential candidate of the Democratic Progressive Party (DPP) in the May 2009 presidential election, Banda easily won. It was her performance at the polls that saw her serving as Malawi’s first female vice-president, a position she occupied between May 29, 2009, and the day she was sworn in as the Malawi’s acting head of state.

Before serving as the vice-president, Ms Banda had been her country’s Minister for Foreign Affairs, occupying the important docket from June 1, 2006 to May 29, 2009. Earlier, she was a Member of Parliament for the Zomba-Malosa constituency, and soon became Minister of Gender, Child Welfare and Community Services, before being appointed to the foreign affairs ministry by President Bingu wa Mutharika on June 1, 2006.

Community organiser

Prior to her active career in politics, Ms Banda dedicated a lot of her time to working with the community, taking particular interest in the well-being of women and children in Malawi. It was during that period that she founded the Joyce Banda Foundation, the National Association of Business Women (NABW), the Young Women Leaders Network and the internationally lauded Hunger Project.

 While Banda’s history-making ascent to the vice-presidency was hailed by many Malawians, before long her victory was to prove pyrrhic. As fate would have it, just a year after their election victory President Mutharika and his vice-president and erstwhile running mate had a spectacular political fall-out. The fierce political battle that ensued and persisted until Mutharika’s death was fuelled by vicious succession manoeuvres.

The unexpected moves to definitively ostracise Banda were articulated by President Mutharika and his cohorts in the ruling DPP, with the all-out bid to sideline Banda aimed at finally creating a family dynasty in Malawi. As things turned out, Mutharika’s intentions in elbowing Banda aside were to groom his younger brother Peter, then serving in his cabinet as the foreign minister – the position earlier held by current president Banda - to become the DPP candidate for the next polls slated to take place in 2014.

To get Banda safely out of the way well before the end of Mutharika’s second and constitutionally final term, the late president and his co-conspirators first expelled the hapless VP from the ruling Democratic Progressive Party. The ouster came in a surprise move by the DPP on 12 December 2010, and also saw the expulsion of the party’s second vice president Khumbo Kachali, a Banda ally. Accused of undefined ‘anti-party’ activities, the two were consequently left party-less and for a while remained in the political cold, even as the intrigues against the prospective future president were intensified.

Banda’s enemies were not yet through with her. Soon there were increased calls, spearheaded by DPP’s spokesman Hetherwick Ntaba, for Banda to also resign as Malawi’s Vice-President, thereby leaving the coast clear for the elevation of Mutharika’s anointed kin. Ever the fighter, the battle-hardened Banda did not find that proposition palatable in the least, despite feeling the intense political heat directed at her.

ticking to her guns and emboldened by rising popular support, the courageous lady adamantly refused to give up her job, and instead went to court. In doing so she and her wide base of supporters cited the provisions of the constitution, which recognised her as the de jure holder of the position, a stand supported by a ruling made in her favour.

That done and over with, and as if to give her detractors a dose of their own medicine, Ms Banda proceeded to form her own People’s Party, and soon emerged as one of Mutharika’s fiercest critics. Implacable to the end, she persistently lambasted the president’s management of the Malawian economy, the country at the time being beset by worsening fuel shortages, rising prices and high unemployment.

It was those daunting problems that resulted in the widespread anti-government protests, marked by rising demands for President Mutharika’s resignation, whose handling by the police provoked Banda’s reaction. As for the sitting president’s dreams of a family dynasty in Malawi, an unequivocal Banda summarily dismissed them, while unleashing a flurry of ripostes that have remained memorable to this day.

“The chronic disease of third term[s], or chieftaincy, remains one of the greatest enemies of our efforts to achieve sustainable development,” she is reported to have said before caustically adding in a backhander aimed at Mutharika: “The country is constantly caught [up] in a vicious circle of privatisation of the state where one or two people hold the fate of the country.”

Undeterred by the forces pitted against her, Ms Banda became increasingly vocal as her country rapidly descended to the doldrums. After the anti-government protests broke out in July 2011, for instance, police used live ammunition to quell them, and 19 people were shot dead in the northern cities of Karonga and Mzuzu. In the aftermath of the unrest, Malawi’s health ministry confirmed the deaths, and a livid Banda was quick to express her disgust. Pointing out that Malawi could face more unrest ahead of the planned 2014 polls, she was quick to sound the alarm.

“The road to 2014 will be rough, bumpy and tough,” she warned her compatriots. “Some will even sacrifice their own lives.”

Despite her rising tribulations at the hands of the political movers and shakers of the day, Ms Banda is reported to have remained widely popular in Malawi. That notwithstanding, her odyssey during the Mutharika government’s machinations against her ensured that up to the time of her predecessor’s death she remained fired from the ruling DPP. Constantly vilified, for close to two years she did not attend Cabinet meetings.

Humble upbringing
With her origins in Malemia, a village in southern Malawi, Banda was born on April 12, 1950 in Malawi’s colonial capital of Zomba, where her father was an accomplished and popular police brass band musician. She began her career as a secretary, and when still in her youth became a well-known figure during the dictatorial era of Kamuzu Banda - no relation to her own family.

Married and having three children by the age of 25, Ms Banda in her younger years fled to Nairobi to escape what she perceived as gender-based discrimination in her home country. She consequently became a fierce critic of the practice, and after abandoning an abusive marriage later returned to Malawi and settled down with her current husband Richard Banda, the country’s former Chief Justice.

Ms Banda ventured into formal politics in 1999, when nearly 50, during Malawi’s second democratic elections. Having won a parliamentary seat through the former ruling party of retired president Bakili Muluzi, Banda’s rise to the presidency has been speedy by all indications. Coming from humble beginnings, after some years working as a secretary, she had branched out into business.

Quickly making a mark as an entrepreneur, between 1985 and 1997 Banda managed and established various businesses and organizations, including Ndekani Garments (1985), Akajuwe Enterprises (1992) and Kalingidza Bakery (1995). In the meantime she was dedicated to community work and philanthropy, and was known as an avid community educator and grassroots gender rights activist.

Totally dedicated to her new calling, her success in business moved her to assist other women to achieve financial independence and break the cycles of abuse and poverty that characterized their lives. Providence seems to have steadily steered Ms Banda to her destiny as the leader of her people, and she did not allow her lowly educational background to hold her back.

Not endowed with impressive academic credentials, she initially only had a Cambridge School Certificate, although she pursued higher education later in life, eventually obtaining a Bachelor of Arts Degree in Early Childhood Education and a Diploma in Management. Having courageously fought toe-to-toe with her detractors while also pursuing further education and helping her people, today she has many national and international honours under her belt.

Although according to the Malawian constitution Lady President Joyce Hilda Banda is serving in an acting capacity pending elections, she has hit the ground running, and is already making her authority felt in the landlocked central African country.

Beset by the many political, social and economic problems inherited from her predecessor, Ms Banda has been quick to lay the foundation for turning her troubled country around.

Having made it clear that she will not be vindictive or pursue revenge against those who blocked her route to the presidency, the new Malawian head of state has nonetheless pointed out the need to do some urgent housecleaning work. That task has inevitably involved getting rid of some of her former opponents inside Malawi’s political establishment, many of whom have been fervently seeking accommodation in Banda’s government..

With many of them identified as die-hard Mutharika loyalists, the die seems cast, however, and among the first ones to be sacked was one Patricia Kaliati. The ill-fated lady was the former Information Minister who publicly insisted that the late president Bingu wa Mutharika was alive more than one day after his death on Thursday, April 5, 2012.

Her being shown the door marked the rapid shake-up of the public service in Malawi that Ms Banda unveiled in her bid to purge the government of Mutharika loyalists. Particularly focusing on suspect characters formerly controlling government finances and media, the rapid purge also saw the sacking of a Mr. Bright Malopa, a Mutharika ally who formerly headed the Malawi Broadcasting Corporation and was notorious for his determination to use state media to relentlessly campaign against Banda after her expulsion from the DPP.

Also sacked by Banda have been Mr. Perks Ligoya, the former governor of the Malawi Reserve Bank, and former police chief Peter Mukhito, both close allies of the late President Mutharika. While the former was earlier blamed for pursuing an allegedly rigid exchange rate policy that the International Monetary Fund has blamed for much of Malawi’s economic woes, the former police chief was implicated in acts of violence against Malawians, among them the alleged slaying of student activist Robert Chasowa.

While announcing some of the recent sackings, Ms Banda explained that urgent action needed to be taken to correct the mistakes of the past, while at the same time seeking justice for the victims of Mutharika’s intolerant regime.

“Although we are in mourning, certain decisions cannot wait,” President Banda reportedly told a news conference in the capital Lilongwe three days after taking office.

Displaying the warm motherly instinct for which she is known, she also launched an investigation into the mysterious murder of student activist Chasowa.

“As a mother, I feel for my fellow mother who doesn’t know what killed her son,” she said. “I understand how painful it is, and I will make sure we find out who killed our son Chasowa. We don’t want people to go about murdering people fearlessly.”

As for the gainers in Ms Banda’s reorganisation of the public service, they included Ms Mary Nkosi, who replaced Ligoya as Reserve Bank Governor, making her the first woman to hold the job after having served as a deputy governor for a long time.

Other gainers were Mr. Radson Mwadiwa, a career bureaucrat who was named the new secretary to the Treasury and chairman of the state-owned Malawi Savings Bank. Mr. Moses Kakuyu, a conscientious parliamentarian who pressed for reforms after breaking away from Mutharika’s Democratic Progressive Party, became the new information minister, while the new director general of the Malawi Broadcasting Corporation is Mr Benson Tembo, a veteran broadcaster and former diplomat whose last posting was as ambassador to Zimbabwe.

Amidst the numerous changes, observers of the Malawian political scene were quick to caution against over-optimism, with the Sunday Times reminding the populace that in the past they had faced previous ‘false dawns’. Referring to Mutharika’s record in office, the paper pointed out that the former president had been widely hailed for his sterling performance during his first term, but had slipped into retrogression during recent years as he cracked down on basic freedoms and sent the Malawian economy into a tail-spin.

“The country’s previous leaders all started with a lot of promise,” the paper said, “but the trappings of power corrupted them to such an extent that they forgot the source of their power and became gods who brooked no advice, let alone criticism, regardless of whether it is constructive or not.”

Such caution aside, President Joyce Hilda Banda for now seems set to herald a new dawn for her country, and she evidently has the credentials, will and ability to do so.

 
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