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Death Sentence for Homosexuals in Uganda.

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FILE - Kenyan gays and lesbians and others supporting their cause wear masks to preserve their anonymity as they stage a rare protest against Uganda's tough stance against homosexuality and in solidarity with their counterparts there, outside the Uganda High Commission in Nairobi, Kenya on Feb. 10, 2014. Ugandan lawmakers passed a bill Tuesday, March 21, 2023 prescribing jail terms of up to 10 years for offenses related to same-sex relations, responding to popular sentiment but piling more pressure on the East African country's LGBTQ community. (AP Photo/Ben Curtis, File)

On Tuesday, the 21st of February, 2023, the Ugandan parliament added an extra lock to tighten up their fight against the lesbian, gay, bisexual, transgender, and queer (LGBTQ) community by passing a bill called the Anti- Homosexuality Bill which as the name of the bill implies is strictly Anti (against) anything that has to do with homosexuality, gay or transgender or even identifying with or as a gay person. 

The bill provided for some strict punishments like a life sentence and even a death sentence against some specific offences relating to homosexuality. For instance, the bill provides for the death sentence as a punishment for “aggravated homosexuality”. For only saying you are gay or identifying to be a lesbian or gay will fetch you a life sentence as a punishment.

Here are some  extracts from the Anti-Homosexuality Bill as passed by the parliament;

A person who is convicted of grooming or trafficking children for the purposes of engaging them in homosexual activities faces life in prison

Individuals or institutions which support or fund LGBT rights’ activities or organisations, or publish, broadcast and distribute pro-gay media material and literature, also face prosecution and imprisonment

Media groups, journalists and publishers face prosecution and imprisonment for publishing, broadcasting, and distributing any content that advocates for gay rights or “promotes homosexuality”

Death penalty for what is described as “aggravated homosexuality”, that is sexual abuse of a child, a person with a disability or vulnerable people, or in cases where a victim of homosexual assault is infected with a life-long illness

Property owners also face the risk of being jailed if their premises are used as a “brothel” for homosexual acts or any other sexual minorities’ rights’ activities. (Lifted from BBC).

Uganda, an East African country, has always been one of the leading countries of the world at the forefront against the LGBTQ community. In December 2013, they passed a similar law called Anti-Homosexuality Act, otherwise known as AHA but the court nullified this law in August 2014 because the parliament passed the act without forming a quorum ie the number of members of the parliament that ought to be present to form a quorum for a bill to be passed as required by law. Ten years later, the country is still reinforcing its fight and disdain against homosexuality by passing the Anti-Homosexuality Bill which is awaiting to be signed into law by the president.

Therefore, if this bill is finally signed into law by the president; merely dressing like a gay, saying you are gay or looking like one can send you to jail even if you are a visitor in the country or a citizen of the country. This will be one of the strictest legalization in the world made against the LGBTQ community in this century. 

According to the parliamentarians and other activists who have supported the passing of this bill, the bill seeks to protect traditional family values and shun same-sex sexual relationships or marriages which threatens the country’s core traditional and religious values as a conservative nation.

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Homosexuality has been totally outlawed in 34 out of the 55 African countries including Nigeria with strict laws prohibiting it. Some of the African countries which have not or yet to expressly outlawed homosexuality have some other laws which inadvertently criminalize it but Homosexuality has been decriminalized thereby making it legal to identify as a homosexual only in 22 African countries as of today including Cape Verde, Gabon, Seychelles, South Africa etc with South Africa the only African country to have legalized same-sex marriage which happened in 2006.

New Course Announcement at Tekedia Institute – Pitch Mastery

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When you are before those investors and major customers, if you cannot communicate clearly, you go alone (i.e. no one understands). And whenever that happens, you are going back without an investment or a deal. Mastering the art of pitching to investors and customers is a very critical element when anyone is starting, building or scaling a business.

Tekedia Institute recognizes the importance of pitching, and is introducing a very important new course to be used across many programs, including Tekedia Industries, Tekedia Startup Masterclass and Tekedia Mini-MBA. It’s time for Pitch Mastery!

Our Faculty is a venerable business leader with senior management experiences in many leading companies around the world, including MTN, Ericsson, Nokia, and Avanti Communications. Today,  Jane Egerton-Idehen is Head of Sales Middle East & Africa at Meta, the parent company of Facebook.

Tekedia Institute >> only the best business executives teach here!

CBN to Release All Available Old Naira Notes to the Public to Avert NLC’s Nationwide Strike

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Nigerian naira banknotes are seen in this picture illustration, September 10, 2018. REUTERS/Afolabi Sotunde/File Photo

The Central Bank of Nigeria (CBN) is reportedly planning to release all N200, N500 and N1,000 notes in its vaults to commercial banks, in a move to avert proposed industrial action by the Nigerian Labour Congress (NLC).

The NLC had earlier issued a one-week ultimatum to the CBN to make cash available for Nigerians or face nationwide strike.

“CWC (central working committee) said poor implementation of the Naira re-design policy has caused considerable pain and hardship to the people.

“Accordingly, CWC resolved to give government seven working days, beginning from Tuesday, March 14, to make Naira notes available or Congress would be compelled to direct its members to withdraw services,” the NLC had said.

Following the expiration of the ultimatum, the NLC has directed public sector workers to embark on a nationwide strike beginning from next Wednesday.

The directive was given by the president, Joe Ajaero, during a media briefing on Wednesday in Abuja. He also directed the affiliates to get set for picketing of CBN branches across the federation.

The central bank has failed to push enough cash into circulation; weeks after the Supreme Court annulled the implementation of the naira redesign policy which created cash scarcity nationwide.

Total cash in circulation in the country has declined from N3.1 trillion in December 2022 to N982 billion in February 2023, according to Money and Credit Statistics. But the CBN said that N843 billion (85.8%) out of the sum in circulation was out of the banking system as at February 2023. This justifies the struggle Nigerians still face to access cash from commercial banks.

Former director-general of the National Bureau of Statistics (NBS), Yemi Kale, estimated that Nigeria lost between N10-15 trillion of national productivity in the first quarter of 2023 to the crippling impact of the naira redesign policy.

Against this backdrop, the proposed nationwide strike needs to be averted, lest, the economy grinds to a halt.

The CBN governor, Godwin Emefiele, is said to be working to beat the time by immediately emptying old N200, N500 and N1,000 notes in the apex bank vaults to commercial banks for disbursement to members of the public.

The decision was made following a meeting between Emefiele and Chief Executive Officers (CEOs) of banks on Wednesday evening.

“The CBN governor met with bank CEOs this evening virtually. It was a short meeting that lasted for just about 15 minutes,” one of the bank CEOs who attended the meeting was quoted as saying.

“The governor said all old N1,000, N500 and N200 notes will be released to commercial banks beginning from Thursday. The CBN will start with crisp old notes after which the ones deposited by DMBs will be returned.

“The plan is to flood the economy with cash and ameliorate the challenges Nigerians have been passing through.”

Scarcity of Cash Persists Despite CBN Directives to Nigerian Banks to Pay Out Old Notes to Customers

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There are reports of the scarcity of cash across the country despite the Central Bank of Nigeria’s (CBN) recent directive to banks to dispense old notes to customers.

The apex bank in a bid to ease the cash crunch across the country which has heightened frustration among Nigerians has instructed banks to desist from hoarding cash and pay out both old and new notes to customers.

Reports disclose that despite the CBN’s directive, several banks across the country are reportedly short on cash, having little or no money to offer to customers. While some bank officials said their stocks of old notes were beginning to run low, others said they had exhausted the old currencies in their vaults.

According to a cost-benefit analysis by experts and a think tank group of the CBN’s naira redesign policy and its impact on the citizens and the economy, the Nigerian economy is grinding to a halt with a  loss estimated at  N20 trillion following the over 70 percent mop-up of the currency by the CBN.

The recent cash crunch which is affecting businesses across the country and has led to low customer patronage has not only crippled economic activities but has become a major threat to the livelihoods of Nigerians.

To further complicate the shortage of cash in Nigeria, as many Nigerians have been forced to resort to the mobile transactions using traditional bank apps, there are reports of incessant failed transactions as many banks in the country do not have the capacity to process the number of mobile transactions.

Due to this, the usage of electronic payment or e-payment systems recorded an abysmal 41.29 percent month-on-month rise, while cashless payment gateways used in the month of February were 901.46 million times, up from 638 million times in January.

Despite an increase in usage, the total value of cashless transactions fell in February, indicating that the number of failed transactions increased due to poor network infrastructure. This is contrary to the expectation of the Central Bank that the naira redesign policy will increase e-payment transactions in my country.

The fallout of the cashless policy has proved disastrous, with far-reaching socioeconomic consequences. Analysts disclose that the federal government and the CBN underestimated the cost-benefit side, which is now causing large-scale disruptions in the economy and loss of productivity.

They further maintained that the timeframe for implementation of the policy was unrealistic and not carefully considered. Some other consequences include inflation, unemployment, and economic growth slowing down. Statistics indicate that Nigeria’s Gross Domestic Product (GDP) will contract by N19 trillion in the first Quarter (Q1) of 2023.

Following the completion of elections in the country, citizens expect that there should be a massive flow of cash in the society, unfortunately, Naira scarcity persists. Citizens and experts have called on the CBN to do something urgently to address the naira scarcity before it further worsens the economy.

Workera Raises $23.5 Million in Series B Funding Round to Expand Product Offering

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Skills intelligence platform that redefines how enterprises understand, develop and mobilize talent, Workera has announced the raise of $23.5 million in a series B funding round to expand product offerings.

The funding round was led by Jump Capital with participation from existing investors such as NEA, Owl Ventures, Sozo Ventures, and AI Fund.

Commenting on the recent fundraising, Workera CEO Kian Katanforoosh said that the fresh funds will be put toward expanding Workera’s product offerings and growing the size of its developer team.

In his words,

We have been fortunate to secure a sizable capital round amid a difficult environment largely owning to our success thus far and growing roster of Fortune 500 clients. The pandemic and the current market have forced companies to reassess their operating costs, look internally to develop employees and fill skills gaps in their business. This climate presents a market opportunity for us to drive increased sales of our precision upskilling solution as enterprises look to intelligently invest in and support their talent”.

He added, “The technology landscape is constantly evolving, and new technologies emerge regularly, that is why I expect enterprises to increase their spend on upskilling and retaining their employees to build technology skills like AI. The half-life of skills is also the lowest it has ever seen, so reinvention is the new norm for employees in the enterprise”.

With Workera, companies employees get role and goal specific learning plans, while companies have the ability to measure skills and create custom upskilling plans. Using a skills dataset with millions of measurements across over 7,000 skills to train AI algorithms, Workera claims to be able to understand the relationship between skills and measure more skills in less time by inferring whether someone has a skill or not.

Workera as a skills intelligence platform is redefining how enterprises understand, develop, and mobilize talent. It provides actionable skills data that inform firms talent strategies across hiring, upskilling, and mentorship.Currently spanning technologies like data science, AI, software, machine learning, cloud, and more, the startup domains and measurement evolve with the pace of the industry.

It would be recalled that Workera in 2020 raised a $5 million seed fund to further extend its adaptive skills assessments platform that helps workers unlock their full potential in data science, machine learning and other AI technologies. The World Economic forum (WEF) predicts upwards of 150 million new AI-related jobs will be created in the next two years, while only 300,000 AI professionals exist in the global workforce today.

To address the growing challenge, Workera founders Katanforoosh and Lee took an inventive bottoms-up approach to assessing and benchmarking skills that directly maps to enterprise-wide development. Informed by their experience teaching AI to over millions of people and upskilling 100+ Fortune 500 companies, the team devised a suite of computerized adaptive assessments to evaluate the more than 500 micro skills needed to carry out the essential tasks that make up Data and AI projects.