The Australian Koala Foundation has confirmed that the koala is functionally extinct. With only 80,000 koalas left in the wild, the foundation has determined that there aren’t enough left to support a new generation. The term “functionally extinct” means that the koala no longer has any effect on its environment and that any genetic disease or pathogen that may come along would effectively end the species all together. Climate change and deforestation are being blamed for the koala’s decline. Heat waves have caused thousands of koalas to die of dehydration and deforestation has wiped out the koala in 41 of the 128 Federal environments where they are known to live.
The government has promised to provide of total of Rp 100 trillion in working capital loans to MSMEs. It has paid out Rp 5 trillion in credit insurance premiums to state-owned insurers PT Jaminan Kredit Indonesia (Jamkrindo) and PT Asuransi Kredit Indonesia (Askrindo) to provide guarantees for banks that channel loans to MSMEs until November 2021.The program will cover loans with a ceiling of Rp 10 billion and a tenor of three years, with loans available for 60.6 million healthy MSMEs from all business sectors.The loan guarantee program is intended to encourage banks to disburse more loans during the pandemic, Finance Minister Sri Mulyani said on July 7.The loan disbursement rate among Indonesian banks grew 3.04 percent year-on-year (yoy) in May, much slower than the 5.73 percent growth in April as the coronavirus battered the real sector.“Guaranteeing loans can help us break the risk-averse attitude of MSMEs and banks, which would allow us to boost our economic growth,” Sri Mulyani said.The government is also working on a plan to provide cash transfers directly to MSMEs that have yet to receive financing access from banks to help them survive the pandemic.The Tax Office is hoping to bolster revenue in the second half of the year after recording Rp 531.7 trillion in revenue in the first semester this year, down 12 percent from the same period last year and 44 percent below this year’s tax revenue target. Topics : Indonesia’s more than 60 million MSMEs, which account for 60 percent of the gross domestic product (GDP) of Southeast Asia’s largest economy, are struggling to stay afloat as COVID-19 restrictions severely affect their income. Their operations have either been closed or limited, and many workers have been laid off or furloughed.The government has allocated Rp 123.46 trillion (US$8.44 billion) to assist small businesses and cooperatives out of the total Rp 695.2 trillion COVID-19 stimulus package. The funds cover loan interest subsidies and credit guarantees.The government has also placed Rp 30 trillion in state-owned banks with the expectation that they will provide more loans to businesses.State-owned banks under Himbara, including Bank Rakyat Indonesia (BRI), Bank Mandiri, Bank Negara Indonesia and BTPN, are now be able to provide online and offline services to allow MSMEs to obtain NPWPs. Micro, small and medium enterprises (MSMEs) can now obtain tax identification numbers (NPWP) through state-owned banks, as the Taxation Directorate General seeks to simplify procedures to boost the government’s disbursement of COVID-19 aid.Tax Office chief Suryo Utomo said that some MSMEs did not yet possess NPWPs, which, before the change in policy, would have made them ineligible to receive funds from the government during the pandemic. He said the new policy would support the nation’s economic recovery by allowing more MSMEs to receive stimulus funds.“We are helping MSMEs obtain NPWPs through banks so that they can receive loans or government subsidies,” Suryo said during the launch of the program on Thursday. “This is a one-stop service in which banks can evaluate the eligibility of borrowers.”
CAF CONFEDERATION CUPDuro Ikhazuagbe with agency reportRivers United on TuesdayÂ grabbed a 2-1 victory over Kampala Capital City Authority (KCCA) in a 2017 CAF Confederation Cup Group A match at the Yakubu Gowon Stadium in Port Harcourt. The â€˜Pride of Riversâ€™ is now within qualification for the quarter final of the second tier CAF competition.The victory shot the last Nigerian team in continental campaign this term to third position on six points, same as group leader, FUS Rabat of Morocco. KCCA is fourth now on same six points. Goal difference separates them all. The table is expected to change with Club Africainâ€™s clash with FUS Rabat late last night. Rivers United got off to the best possible start as Bernard Ovoke scored from Sakin Bolaji’s corner-kick to make it 1-0 to the home side with KCCA defence exposed.It was soon 2-0 to the home side and this time it was Frederick Obomate who scored with the impressive Ovoke grabbing an assist in the 15th minute.Ovoke, who was looking lively for Rivers, nearly extended Rivers’ lead in the 21st minute, but the attacker headed over from an unmarked position.The Rivers midfielder was then denied by KCCA goalkeeper Douglas Kisembo, who was well-positioned to make a save from Ovoke’s free-kick.With the halftime break fast approaching, the visitors pushed forward in search of their first goal and they did manage to pull one back.Geoffrey Serunkuma made it 2-1 for KCCA on the stroke of halftime after the Rivers defence failed to defend a free-kick. Rivers were leading 2-1 at the interval.The home side started the second half brightly with Emeka Atuloma forcing Kisembo into a save from a free-kick just three minutes into the second half.Then Kisembo went down injured and he was replaced by KCCA’s reserve shot-stopper Benjamin Ochan nine minutes before the hour-mark.In the 64th minute, Ovoke dribbled past a few KCCA defenders, before unleashing a shot which missed the target as he looked to test Ochan.Ivorian striker Guy Keumian was introduced in the 73rd minute by the Rivers technical team as they looked to restore the home side’s two-goal lead.KCCA nearly grabbed a late equaliser, but Rivers keeper Abiodun Akande was alert as he denied Derrick Nsibambi in the 85th minute.The visitors then suffered a major blow in the closing stages of the match as Habib Kavuma was sent off after receiving his second yellow card and ultimately Rivers ran out 2-1 winners.Rivers: Akande, Nweke, Douhadji, Ovoke (Odah 78′), Olalekan, Zoumana, Obomate (Igbinoba 61′), Sakin, Odumegwu (Keumian 73′), Atuloma, Saka.KCCA: Kisembo (Ochan 51′), Okot, Awany, Kavuma; Poloto (Kayizzy 68), Muzamiru, Masiko, Muleme; Okello (Ntege 58′) Serunkuma, Nsibambi.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
South African court doubles Pistorius sentence to over 13 years SHARE SHARE EMAIL Oscar Pistorius jailed for 5 years for killing his girlfriend SHARE crime, law and justice RELATED South African Paralympic gold medallist Oscar Pistorius was sent to prison for six years on Wednesday for the 2013 murder of his girlfriend, Reeva Steenkamp, the latest twist in a trial that has gripped the world.The state and large sections of the South African public had called for him to receive no less than the prescribed minimum 15-year sentence for murder, saying Pistorius had shown no remorse for the killing.Judge Thokozile Masipa disagreed, accepting the defence’s arguments for a lesser punishment. “Public opinion may be loud and persistent but it can play no role in the decision of this court,” Masipa said. “I am of the view that a long term in prison will not serve justice.”It was not clear whether the state would appeal the verdict.Dressed in a dark suit, the 29-year-old stared straight ahead as Masipa read out the sentence.Pistorius was found guilty of murdering Steenkamp by an appeals court last December. He had initially received a five-year sentence for a manslaughter conviction in 2014 handed down by Masipa, a ruling derided by women’s groups as too lenientIn her ruling on Wednesday, Masipa said that although the Steenkamp family had suffered great loss, Pistorius’ life and career was also in ruins. “The life of the accused shall also never be the same. He is a fallen hero and can never be at peace,” she said.The athlete had the lower part of his legs amputated when he was a baby and his lawyers argued that his disability and mental stress should be considered as mitigating circumstances to reduce his sentence.Pistorius was freed from prison last October after almost a year behind bars to serve out the remainder of his five-year term under house arrest at his uncle’s house in a wealthy suburb of the capital.Some rights groups have said Pistorius, a wealthy white man and international celebrity, has received preferential treatment compared to others without his status or wealth.He argued that he fired four shots into the door of a toilet cubicle at his luxury Pretoria home in the mistaken belief that an intruder was hiding behind it.Members of the Women’s League of the ruling African National Congress (ANCWL), who have attended the trial in support of the murdered Steenkamp, said the sentence handed down by Masipa was not sufficient. “First five years, now six years? She is an embarrassment to the justice system,” ANCWL spokeswoman Jacqueline Mofokeng said of Masipa. “It is an insult to women in this country.”Outside the court, a group of people held up placards backing the athlete. One read: “Give Oscar his freedom back please”.Steenkamp’s father Barry, who said during sentencing hearings that Pistorius must pay for his crime, declined to comment on the prospects for an appeal. “We’ll leave that to the state,” he told reporters.Not to appeal six-year sentenceThe Paralympic gold medallist will not appeal a six-year prison sentence given by a South African High Court judge on Wednesday for the 2013 murder of his girlfriend, Reeva Steenkamp, his defense team said.Pistorius will serve “between half and two thirds of the sentence” before he can apply for parole, said Andrew Fawcett, Pistorius’ instructing attorney. July 06, 2016 COMMENTS South African court rules Pistorius ‘not guilty’ of murder sport Olympic and Paralympic track star Oscar Pistorius speaks with his legal team ahead of his sentence hearing at the North Gauteng High Court in Pretoria, South Africa. – Reuters The South African Paralympic gold medallist was found guilty of murdering his girlfriend Reeva Steenkamp last December Oscar Pistorius charged with girlfriend’s murder × null Video: Oscar Pistorius handed six-year sentence for murder people COMMENT Olympic and Paralympic track star Oscar Pistorius speaks with his legal team ahead of his sentence hearing at the North Gauteng High Court in Pretoria, South Africa. – Reuters Published on