Mitsubishi UFL Financial Group (MUFG) and the
African Export-Import Bank (Afreximbank) have secured close of a USD 520 million facility on 3 December.
MUFG acted as sole mandated lead arranger, bookrunner and agent on the deal. Cairo-headquartered Afreximbank said the deal was in line with its support for trade and investment, export manufacturing and industrialisation in Africa, key sectors in maximising the continent’s economic potential. It will use the income from the facility to support its Pandemic Trade Impact Mitigation Facility (PATIMFA), established in March to support states, banks and companies through the coronavirus pandemic, particularly in relation to trade.
“This facility marks a watershed moment for African institutions looking to tap the Japanese investor pool,” said MUFG’s head of emerging markets for Europe, the Middle East and Africa,
Hawaiian Airlines First Corporate Kuleana Report Outlines Environmental, Social and Governance Achievements
Carrier devoted to environmental and cultural protection, wellbeing of its communities
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HONOLULU, Dec. 16, 2020 /PRNewswire/ Hawaiian Airlines today published its inaugural Corporate Kuleana Report outlining progress advancing a host of environmental, social and governance (ESG) initiatives. Among key accomplishments, the carrier: lowered carbon emissions even as it increased flight operations from 2018 to 2019; continued to engage travelers in cultural and environmental awareness and protection; and bolstered efforts by its Team Kōkua employee volunteer and giving program to support communities and care for residents facing hardship due to the COVID-19 pandemic.
Kriti Sharma is a senior disability rights researcher and Shantha Rau Barriga is the disability rights director at Human Rights Watch.
Approximately 30 patients stay at Edwuma Wo Woho Herbal Centre, many with mental health conditions. At least half are shackled. Credit: Robin Hammond/Witness Change for Human Rights Watch.
Dec 16 2020 (IPS) - Long before the Covid-19 pandemic grounded much of the world, lockdown, confinement, violence, and isolation was the daily reality for hundreds of thousands of people with disabilities around the world. Many are locked in sheds, cages, or tethered to trees and are forced to eat, sleep, urinate, and defecate in the same tiny area, sometimes for years. Why? Simply because they have a mental health condition a psychosocial disability.
Study shows unethical leadership likely to prevent corruption
Unethical leadership can increase the prevalence of corrupt behaviour in organisations and workplaces.
This is according to two Maastricht University studies, carried out by doctoral candidate Untung Manara and associate professor Suzanne van Gils, a lecturer in management communications and ethics, who were particularly interested in whether ethical leaders could help change the behaviour of employees who were prone to unethical practises.
Ethical leadership and corruption
The first study surveyed 321 employees from various job sectors, including construction, health care, and education and measured the relationship between ethical leadership and corruption.
The results showed that greater ethical leadership is related to reduced corrupt behaviours, such as taking money from an organisation for personal benefit.
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