By Nelson SsengoobaFOOTBALL. Uganda Cranes tactician Mulitin Sredojevic aka Micho has refused to be drawn into the player-club row overshadowing winger Brian Majwega’s future at league champions KCCA FC.Majwega is a subject of disciplinary issues at his employers KCCA who accuse the player of absconding from training for close to four weeks without coach Mike Mutebi’s consent.KCCA say Majwega returned to Lugogo from his AWOL armed with a transfer to try and force an exit from KCCA citing breach of contract.Mutebi, a renowned strict disciplinarian, expressed shock on learning that a player facing disciplinary action had been summoned for national team duty. He blasted Micho and the custodians of the game, Fufa, labeling their decision “rubbish”.“Brian has not been here (KCCA FC) for a round a month. And he is called to the national team,” an angry Mutebi told the media on Tuesday after being quizzed on the players’ situation.“This player belongs to KCCA. He hasn’t been around for a month. We are the employers of this player. How does the national team invite him without consulting us? Now that is rubbish. That’s rubbish that has been going on in Ugandan football. And that’s rubbish that has followed Brian.”While Mutebi was angry with Majwega’s conduct, Micho harboured other ideas for the player. The Serbian tactician had already summoned the fleet-footed winger for national duty as Uganda Cranes intensify preparations for their forthcoming 2018 CHAN qualifier against South Sudan away in Juba on July 14.Initially, KCCA FC players were exempted from national team call-ups because of their CAF Confederations Cup exertions.True to Micho’s bile and sarcastic manner of handling communication, the Serbian has taken Mutebi’s spiteful vile head-on.First, he summoned another KCCA outcast Tom Masiko for national duty. Masiko has been left in the cold by Mutebi as the player chases exit to join Vipers SC.“If anyone has anything to speak, let that happen when the national team and KCCA engagements are done. As far as I know, Majwega is not actively playing with KCCA, he has not been considered for recent games. I don’t think I have summoned anyone who is engaged at KCCA. We respect the fact they are representing the nation and therefore I can’t disturb them for now,” Micho said.Comments Tags: CranesMajwegaMichotop
11 September 2008The Bond Exchange of South Africa (Besa) has secured the necessary approvals in support of its rights issue to raise new capital, with underwriting partners that include the New Zealand Exchange, local banks and other financial institutions securing the transaction.“We are tremendously excited by what the fresh capital injection and new partners will deliver for our business,” Besa chief executive Garth Greubel said in a statement last week.“The effect of this transaction is to significantly strengthen our shareholder and capital base, with certain strategic partners also being represented on the board, while maintaining our commitment to the bond market and existing shareholders.”The rights issue is the second phase of Besa’s development strategy, following the exchange’s demutualisation in 2007.After the rights issue, at least 30% of Besa’s equity will be held by strategic partners, providing valuable support in order to execute the exchange’s vision of building better markets. Formalities relating to the transaction will be concluded at Besa’s annual general meeting towards the end of September.BondClear projectAccording to Besa, a project that will contribute significantly in driving growth is BondClear, a new central counterparty clearing house that it is presently establishing. BondClear will provide clearing and central counterparty (CCP) services to South African financial markets, initially for interest-rate derivatives listed on the bond exchange.“We are optimistic about BondClear, in which NASDAQ OMX is a direct shareholder,” Greubel said. “NASDAQ OMX is one of the world’s largest exchange companies, with trading technology capabilities across six continents.”Shareholder and market support for the rights, the BondClear project and other strategic initiatives that Besa is undertaking have been positive, while company management has already received irrevocable commitments in writing from shareholders, in excess of the necessary requirements, approving the capitalisation transaction.Strong market performanceAccording to Besa, these initiatives are being undertaken against the backdrop of strong market performance in the exchange’s core bonds franchise.Annual bond market turnover topped R13.8-trillion in calendar 2007. During 2008 bond turnover surged, with a record monthly figure of R1.486-trillion reported in February.This has since been consistently exceeded from May through to August, when turnover reached a new record R1.956-trillion for the month. It is anticipated that turnover will top R17-trillion for 2008, representing an annualised velocity of 28 times market cap.Besa now faced one of the most exciting and ambitious phases in the company’s development as an exchange, Greubel said.“Our new capital will leave us well positioned to drive value through our existing core business and extend our set of products and services to financial market participants, as well as accelerating financial market infrastructure development in South Africa,” he said.“We are excited by what the future holds for us as a business and the positive contribution it will make towards strengthening competition in South African financial markets.”SAinfo reporter Would you like to use this article in your publicationor on your website?See: Using SAinfo material
SONGBIRD BREEZES FOR EAST COAST CAMPAIGNNARDO MAKES HIS STAKES DEBUT IN THOR’S ECHOKNAPP HOPES TO CATCH SPEEDSTERS SLEEPINGFIRING LINE IN ‘PERFECT’ WORK TO MEET ‘CHROME’ TOC OFFERS FREE ‘BUYING A RACEHORSE’ SEMINARDel Mar Thoroughbred Club, Barretts Sales and Thoroughbred Ownersof California (TOC) will host a free “Buying a Racehorse” Seminar and Preview of the Paddock Sale for prospective owners at Del Mar on Saturday, July 23, starting at 9 a.m. in the Veranda Café and ending at approximately 11:30 a.m.Seminar panelists include bloodstock agent Rollin Baugh, trainer Ron Ellis, Jeff Lifson of West Point Thoroughbreds, and international auctioneer Ryan Mahan. They will discuss acquiring horses at auction and through private sales, claiming horses, and joining racehorse partnerships and syndicates.The seminar also will include a trip to the Barretts Sales barns, where attendees will get a close-up look at horses in training and a preview of the horses entered in that evening’s Paddock Sale. Any partnerships or syndicates interested in participating should call Mary Forney at (626) 574-6617. Reservations are recommended and can be made by calling TOC at (626) 574-6620 or visiting online at www.toconline.com. JockeyMts1st2nd3rdWin%ITM%Money Won Philip D’Amato902317826%53%$1,496,858 Stewart Elliott898879%26%$365,875 Mike Smith40138133%55%$926,437 Fernando Perez891110812%33%$426,713 Kent Desormeaux5198318%39%$350,995 Joseph Talamo12724171819%46%$1,411,268 Santiago Gonzalez16219232712%43%$985,985 SONGBIRD WORKS ‘VERY EASILY’ AT SANTA ANITASuperstar filly Songbird, who always gives her all even though she has yet to be asked for it, worked five furlongs on Santa Anita’s main track in 1:01 early Saturday morning as she prepares for an East Coast sojourn.“The clockers gave her 1:01; I got her in a minute point 85, and she galloped out very nicely and very easily,” Jerry Hollendorfer said, emphasizing the word ‘very’ on both occasions.Regular rider Mike Smith was scheduled to work Songbird, but exercise rider Edgar Rodriguez deputized for the Hall of Fame jockey when he was involved in a minor mishap on another worker shortly after the main track opened before sunup, around 5:10 a.m.“Mike was going to work her, but he had a problem this morning,” Hollendorfer said. “I told him he shouldn’t work the horse if he wasn’t 100 percent, and he agreed.”Hollendorfer outlined the schedule for undefeated champion Songbird, winner of all eight of her races for Delaware-based owner Rick Porter, who campaigns as Fox Hill Farms.“We’re looking at the Delaware Handicap on the 16th (of July) and we’re looking at the Coaching Club American Oaks (at Saratoga on July 24), and we definitely want to run in the Alabama (at Saratoga on Aug. 20),” Hollendorfer said.“So what the first race is, we don’t know yet.”The $750,000 Delaware Handicap at a mile and a quarter is for fillies and mares, three and up; the $300,000 Oaks is at 1 1/8 miles; and the $600,000 Alabama will be decided at a mile and a quarter. Each is a Grade I race. Rafael Bejarano16240322925%62%$2,240,405 HARLINGTON’S ROSE CATCHES SPRING FEVERSteve Knapp is hoping pace will take its toll in Monday’s $100,000 Spring Fever Handicap for fillies and mares, three and up at six furlongs, and Harlington’s Rose can benefit and spring an upset.“She had her comeback race and ran third,” the trainer said of five-year-old Harlington mare that finished a distant third in an overnight race May 19, her first start in five months.“It’s a tough race. This track has pretty much been favoring speed and I’ve got to come from behind so it’s going to be a difficult task, but she’s very sharp. She’s coming into the race really well. I hope Lost Bus and Sunday Rules hook up and go real fast to give us a shot.”The Spring Fever, one in the Golden State Series, goes as race three: Lost Bus, Fernando Perez; Sunday Rules, Edwin Maldonado; Sidepocket Run, Tiago Pereira; Harlington’s Rose, Joe Talamo; and Codacious, Kent Desormeaux. Peter Miller551013718%55%$475,660 Peter Eurton4185520%44%$480,375 (Current Through Friday, July 1) John Sadler60961215%45%$730,973 Doug O’Neill90820189%51%$648,906 Patrick Gallagher2872225%39%$261,390 Richard Baltas54991217%56%$401,190 Martin Garcia771261316%40%$646,734 Martin Pedroza751081213%40%$349,870 Tyler Baze17628362916%53%$1,434,802 Richard Mandella3695625%56%$720,852 Edwin Maldonado13925221518%45%$973,386 Jerry Hollendorfer721471419%49%$973,463 Bob Baffert48139627%58%$752,603 Mark Glatt6712151018%55%$454,266 FINISH LINES: Firing Line, preparing for the San Diego Handicap on July 23 and a possible meeting with 2014 Horse of the Year California Chrome, worked four furlongs Saturday in 48 seconds, breezing. “Perfect” is how trainer Simon Callaghan termed the move for the 2015 Kentucky Derby runner-up, who would be making his first start in the San Diego after an absence of more than 13 months. At his Los Alamitos headquarters Saturday, California Chrome worked seven furlongs for Art Sherman in 1:26.40 . . . Multiple graded stakes winner Tara’s Tango worked three furlongs for Jerry Hollendorfer in 36.80, while Fair Grounds Oaks winner Land Over Sea went four furlongs for Doug O’Neill in 50 seconds flat. Melair winner Enola Gray worked five furlongs for leading trainer Phil D’Amato in 59.80 . . . The current Spring Meet will close out with a three-day week next Friday, Saturday and Sunday, July 10. Simulcast wagering will be offered on Thursday . . . Rito Almanza, a 23-year-old rider from Arequipa, Peru, the same hometown as Rafael Bejarano, makes his U.S. debut today in the second and ninth races. A multiple stakes-winning and leading apprentice in Peru, Almanza’s agent is Michael Burns. Mike Puype50105520%40%$325,450 TrainerSts1st2nd3rdWin%ITM%Money Won Flavien Prat13036201728%56%$1,755,452 Tiago Pereira98815158%39%$436,537 Chad Lindsay61971115%44%$204,510 NARDO MAKES STAKES DEBUT IN THOR’S ECHOStreaking Nardo guns for his third straight win when the four-year-old chestnut gelding makes his stakes debut in Monday’s $100,000 Thor’s Echo Handicap at six furlongs.“He’s a solid horse and tries hard every time,” said Mike Puype, who trains the son of Olmodavor for owners/breeders Anthony and Suzy Narducci.“He seems to be getting better and we’ll see if he’s up to this level. He’s done everything asked of him and this is the most logical place to run. The Narduccis have been long time clients, with me for many years. They’ll be here to root for the horse.”Nardo has finished out of the money only once in seven career starts, running fourth in a maiden allowance race last March 13.The Thor’s Echo, a part of the Golden State Series: Raised a Secret, Santiago Gonzalez; Love My Bud, Rafael Bejarano; Forest Chatter, Mike Smith; Nardo, Flavien Prat; Magic Mark, Drayden Van Dyke; and Mrazek, Mario Gutierrez. SANTA ANITA STATISTICS James Cassidy4374516%37%$415,500
Topics : The dairy price index dropped 3%, driven by declining quotations and slowing global import demand for skim and whole milk powders, while the meat index fell by 0.6%.The cereal price index fell 1.9%, with rice prices bucking the downward trend, rising for the third month running, buoyed by stockpiling spurred by concerns over the pandemic and reports that Vietnam might introduce export bans.FAO said Vietnam had since downplayed the reports.While FAO lifted its forecast for 2019 world cereal production, its estimate for 2020 wheat production remained unchanged at 763 million tons, close to last year’s record level.”[This] coupled with ample inventories, will help shield food markets from turmoil during the coronavirus storm,” FAO predicted. FAO also slightly increased its forecast for cereal production, predicting a crop totaling some 2.721 billion tons in 2019, up from a previous forecast of 2.719 billion and some 2.4% higher than the 2018 crop.FAO’s sugar price index posted the biggest fall, down 19.1% from the previous month. The drop was triggered by a reduction in consumption linked to the virus lockdowns seen in many countries, and lower demand from ethanol producers due to the recent dive in crude oil prices, the Rome-based agency said.The vegetable oil price index slumped 12%, pushed down by sliding palm oil prices which was linked to a plunge in crude mineral oil prices and growing uncertainty over the impact of coronavirus on the market.”Oil prices have fallen by more than half during the past month, which catalyzes a large downward impact on biofuels, which are an important source of demand in the markets for sugar and vegetable oils,” said FAO analyst Peter Thoenes. World food prices fell sharply in March, hit by a drop in demand tied to the coronavirus pandemic and a plunge in global oil prices, the United Nations food agency said on Thursday.The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 172.2 points last month, down 4.3% on February.”The price drops are largely driven by demand factors, not supply, and the demand factors are influenced by ever-more deteriorating economic prospects,” said FAO Senior Economist Abdolreza Abbassian.