Connect with us

Current Affairs

Human trafficking worsens in conflict zones as militants deploy slaves – UN

Published

on

Human trafficking is becoming more “horrific” in conflict zones, where armed groups keep women as sex slaves and use child soldiers to spread fear, the United Nations said on Monday, warning of widespread impunity.

From girls forced to wed to boys made to cook and clean, militants are using trafficking as a tool to boost their control in areas where the rule of law is weak, the United Nations Office on Drugs and Crime (UNODC) said in a report.

The use of children as soldiers and suicide bombers in nations such as Colombia and Nigeria, and the sexual enslavement of Yazidi women by Islamic State in Iraq and Syria, have grabbed headlines and sparked global anger in recent years.

Yet police and prosecutors are often not equipped to deal with the recruitment and exploitation of children by extremist groups – while global convictions of traffickers remain very low – according to the UNODC’s annual report on human trafficking.

“Trafficking is found in connection with most armed conflicts,” said Yury Fedotov, executive director of the UNODC. “In situations characterized by violence, brutality and coercion, traffickers can operate with even greater impunity.”

“Child soldiers, forced labor, sexual slavery – human trafficking has taken on horrific dimensions as armed groups and terrorists use it to spread fear and gain victims to offer as incentives to recruit new fighters,” he said in a statement.

Fedotov said the award of the 2018 Nobel Peace Prize to Nadia Murad – a former Islamic State sex slave turned Yazidi activist and U.N. ambassador – was an “important recognition” and urged the world to stop the use of rape as a weapon of war.

The UNODC’s report said that while countries are finding more victims – mostly women trafficked for sex – and convicting more traffickers, the total number of convictions remained very low in many nations – especially in Africa and the Middle East.

“In some countries … there appears to be hardly any risk for traffickers to face justice,” the report said.

About 40 million people worldwide are living as slaves – trapped in forced labor or forced marriages – according to a landmark estimate by Australian rights group the Walk Free Foundation and the U.N. International Labor Organization (ILO).

Yet campaigners say more and better data is needed to track progress in pursuit of a U.N. target of ending modern slavery and human trafficking by 2030 as many victims around the world – including child soldiers – are going uncounted.

Saudi woman fleeing family to remain in Thailand

“Sound information and a solid base of evidence for our policies are two of the most important things to fight this disgusting crime in the most efficient way possible,” Karin Kneissl, Austria’s foreign minister, said at the report launch.

“We simply need to know what it actually is we are dealing with,” she added. -Reuters

– Kieran Guilbert

Continue Reading
Advertisement
Comments

Current Affairs

Coca Cola South Africa Improves SME Role In Value Chain

Published

on

Coca Cola Beverages South Africa (CCBSA) launches an R20 million fund for small supplier development and procurement, annually, for the next five years.

This was announced by the Financial Director, Walter Leonhardt at Gallagher Convention Centre at the third annual Supplier Development Conference.

CCBS is the South African-based subsidiary of Coca-Cola Beverages Africa (CCBA).

Leonhardt said the purpose of this fund is to assist young upcoming black entrepreneurs in the Coca-Cola value chain.

“We are, today, launching the CCBSA supplier fund of access to funding. To address the issue of access to funding which most SMEs experience,” said Leonhardt.

This will enable the entrepreneurs’ procurement process to be easier.

“It is to help them buy equipment, fund working capital and to help them overcome something we have identified as a challenge for upcoming businesses, which is access to capital on quit lenient terms,” said Leonhardt.

Budding entrepreneurs can visit their website to find out how they can access the funds.

There were over 120 suppliers of CCBSA in attendance.

Managing director of CCBSA Velaphi Ratshefola said they spent R2.35 billion last year, supporting 567 black-owned suppliers, of whom, 265 were black female owned suppliers.  

“So for me, it is clear that this is working. We have helped create a very inclusive economy. We need to play our part and we need to ensure that only through an inclusive growing economy we can create a stable environment where businesses can flourish.

“If we do not have a stable environment, a stable economy, we will have a lot of disturbances which are never good for business,” said Ratshefola.                      

“So for all of us, we should not do it just for social reasons, we must do it for the success of businesses and imperative,” said Ratshefola. 

Continue Reading

Current Affairs

Zimbabwe Central Bank Borrows $985 Million From African Banks

Published

on

By

Zimbabwe’s Reserve Bank has borrowed $985 million from African banks to purchase fuel and other critical imports with current reserves covering imports for just four weeks, underscoring the severity of dollar shortages, governor John Mangudya said.

The southern African nation last month ditched a discredited 1:1 dollar peg for its surrogate bond notes and electronic dollars, merging them into a lower-value transitional currency called the RTGS dollar.

Mangudya said the central bank borrowed $641 million from the African Export and Import Bank, $152 million from Eastern and Southern African Trade and Development Bank, and $25 million from Mozambique’s central bank, among others.

The loans, which would be repaid from future gold earnings, have a tenure of between three and five years and attract an interest of up to 6 percent above the Libor rate, Mangudya said.

Gold is Zimbabwe’s single biggest mineral export earner, accounting for a third of its $4.2 billion earnings last year after a record output, central bank data shows.

“These loans are well structured facilities contracted last year. They will be paid from future (gold) export receivables,” Mangudya told a parliamentary committee.

The central bank takes 45 percent of dollar sales from gold producers and half from other miners to fund imports like fuel and power and repay foreign loans.

But the miners only have 30 days to keep their dollar balances in local foreign currency accounts, after which they must sell them. The companies have asked the central bank to extend the period they may keep their dollars to 90 days, according to mining executives.

OVERDRAFT LIMIT

Unable to get funding from foreign lenders like the International Monetary Fund and World Bank due to arrears of more than $2.4 billion, Zimbabwe has looked to financiers from the continent and local banks to shore up its budget.

The central bank chief said Zimbabwe had just $500 million in reserves, enough to purchase four weeks’ worth of imports.

Mangudya said government borrowing from the central bank reached $2.99 billion in December, about three times its permissible overdraft limit.

President Emmerson Mnangagwa’s government has promised to curb borrowing in 2019 under reforms to revive the southern African economy, after the budget deficit soared last year following a spike in spending ahead of elections.

Finance Minister Mthuli Ncube said last week that the local RTGS dollar, Zimbabwe’s new de facto currency, will be backed up with fiscal discipline and the government would allow it to fluctuate but would manage excessive volatility.

On the interbank forex market on Monday, one U.S. dollar fetched 2.5 RTGS dollars, the same rate as on Feb. 22 when the central bank sold some dollars to banks. That compares to a rate of 3.5 RTGS dollars per U.S. dollar on the black market. -Reuters

-MacDonald Dzirutwe

Continue Reading

Current Affairs

Volvo To Limit Car Speeds In Bid For Zero Deaths

Published

on

By

Volvo Cars said on Monday it will introduce a 180 km per hour (112 mph) speed limiter on all new vehicles as the Swedish automaker seeks to burnish its safety credentials and meet a pledge to eliminate passenger fatalities by 2020.

While Volvo, whose XC90 flagship SUV currently has a top speed of 212 km/h, has made progress on its so-called “Vision 2020” target of zero deaths or serious injuries, Chief Executive Hakan Samuelsson said it is unlikely to meet the goal without additional measures to address driver behavior.

“We’ve realized that to close the gap we have to focus more on the human factors,” Samuelsson said. Volvo did not elaborate on the data but said its passenger fatalities were already well below the industry average before the goal was announced in 2007.

READ MORE |Bet Everything on Electric: Inside Volkswagen’s Radical Strategy Shift

In addition to the speed cap, Volvo plans to deploy technology using cameras that monitor the driver’s state and attentiveness to prevent people driving while distracted or intoxicated, two other big factors in accidents, Samuelsson said.

The company is also looking at lower geo-fenced speed limits to slow cars around sensitive pedestrian areas such as schools, while seeking to “start a conversation” among automakers and regulators about how technology can be used to improve safety.

Volvo, which is owned by China’s Geely, announced the new speed limitation policy on the eve of the Geneva auto show, where its new Polestar performance electric-car brand is showcasing its second model, the Polestar 2.

READ MORE |Not So Fast: Can Elon Musk Really Open Tesla’s China Gigafactory This Year?

While Volvo buyers often choose the brand for its safety, Samuelsson conceded that the speed cap could be a turn-off for a few in markets such as Germany, where drivers routinely travel at 200 km/h or more on unrestricted autobahns.

“We cannot please everybody, but we think we will attract new customers,” the CEO said, recalling that the roll-out of three-point seat belts pioneered by Volvo in 1959 had initially been criticized by some as intrusive.

“I think Volvo customers in Germany will appreciate that we’re doing something about safety,” he said. -Reuters

– Laurence Frost; additional reporting by Esha Vaish

Continue Reading

Trending