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NZME balance sheet now de-risked, says analyst after full-year result


NZME balance sheet now de-risked, says analyst after full-year result
26 Feb, 2021 04:27 AM
4 minutes to read
NZME mastheads The New Zealand Herald, Weekend Herald and Herald on Sunday.
Duncan Bridgeman is head of premium business content for the New Zealand Heraldduncan.bridgeman@nzherald.co.nz@Dunc1000
New Zealand Media & Entertainment s full-year result has given cause for optimism for a company battered by Covid s impact and structural decline of the industry, according to the one analyst who covers the stock.
NZME,
which owns the NZ Herald, a number of other media assets and property website OneRoof, this week reported operating earnings of $67.3 million – slightly ahead of forecast – and a bottom-line profit of $14.2m compared to the previous year s $165.2m loss. The result included Government wage subsidies of $8.6m accessed last April. ....

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Ghana's kontomire stew stirs the soul


Ghana’s kontomire stew stirs the soul
Photo: benketaro / Wikimedia Commons
I’m lucky. I live in a big city that offers an unending supply of different African cuisines. I can eat from one end of the continent to the other, sampling Moroccan, Ethiopian, Nigerian, Senegalese, and Ghanian dishes. So when I visited Ghana, I was prepared to be dazzled by the West African country’s culinary riches and I was not disappointed.
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As the first African nation to achieve independence from a European colonizer in 1957, Ghana boasts a long history of African pride and cultural preservation. All over the country, from the rural towns to the cities, displays of Ghanaian traditions, symbols, and attire were prominent. This also affected the preparation of the food, which centered on fresh local produce, and accents like banana leaves, edible flowers, and calabash shells were prominent. ....

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NM Adds Options Under COVID-19 Health Law


COVID-19 by the numbers
New Mexico health officials yesterday reported 448 new COVID-19 cases, bringing the statewide total so far to 183,781. Bernalillo County had 105 new cases, followed by Eddy County with 100 new cases and Doña Ana County with 70. Santa Fe County had 14 new cases.
The state also announced 14 additional deaths, including three from Santa Fe County: A man in his 60s who was hospitalized and had underlying conditions; a man in his 80s who was hospitalized and had underlying conditions; and a woman in her 90s who was hospitalized. There have now been 135 deaths in Santa Fe County and 3,658 statewide. ....

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