Photos: Former Oakland Raiders star Khalil Mack buys Chicago-area mansion

first_imgFormer Oakland Raiders linebacker Khalil Mack has purchased a mansion on Chicago’s North Shore in Glencoe, Ill. for $3.75 million, according to the Chicago Tribune.Click here if viewing from a mobile device.The former Raiders defensive phenom traded to the Chicago Bears a week before the start of the season chose a six-bedroom, seven-and-a-half bath newly constructed estate.It features a sport court, media center, wine cellar and yoga studio among many other amenities. Completed …last_img read more

Nedbank, etv to help ‘Fix your Biz’

first_img“Fix My Biz” is a new, 13-part, business-focused reality television series that documents the challenges facing a number of small businesses and, through the expert knowledge of consultants, provides entrepreneurs with practical advice to address their challenges. The first season, which will showcase 13 businesses, will follow the development of each business as the team of business consultants advises them on issues ranging from marketing, branding and production optimisation to effective fleet control, workplace ergonomics and financial management techniques. The show will be aired weekly on etv at 5.30pm, on Wednesday, 15 September, with a repeat on Saturdays at 1.30pm. “While each episode of Fix My Biz focuses on the challenges of an individual business, the practical advice will be of immense value to any other South African small enterprise as the tools provided via the show will equip entrepreneurs not only to overcome their own immediate business challenges, but also to position themselves for sustainable success and long-term profitability,” said Ngundze. 31 August 2010 Real businesses, real challenges The fact that Fix My Biz portrays real businesses that are experiencing real challenges faced by many small businesses makes the series unique and valuable. South African entrepreneurs are about to get a boost, thanks to the collaborative efforts of Nedbank Small Business Services and etv.center_img “Fix My Biz represents an innovative way for Nedbank Small Business Services to contribute to the growth and success of this vital South African business sector.” Nedbank Small Business Services will also be launching an online portal to give small business owners and aspirant entrepreneurs a platform from which to network and get information pertinent to their sector. “Nedbank has long recognised that entrepreneurship is the foundation for future financial prosperity and a key source of job creation, and for these reasons SMEs have a key role to play in the sustainable development of our country’s economy,” Nedbank Small Business Services executive Sibongiseni Ngundze said in a statement this week. “By getting to the heart of these businesses and offering practical advice and guidance on how to address the issues they are facing, Nedbank Small Business Services is effectively extending the services of experienced business consultants to all South African business owners, which should prove invaluable to any aspirant, new or experienced business owners and entrepreneurs,” Ngundze said. Online portal SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

HA24775 Colour Crystal Hair Clip Wedding Party Prom New, Cannot recommend this hair clip enough

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Frontline Posts USD 265 Mn Loss for Full Year

first_imgzoom John Fredriksen’s Frontline ended the year in the red having reported a net loss of USD 248.4 million for the fourth quarter of 2017 and a net loss of USD 264.9 million for the full year.The poor financial results were attributed to, among other things, an impairment loss of USD 164.2 million on nine VLCCs leased from Ship Finance, as well as three vessels for which the leases with Ship Finance were terminated in 2017, and a USD 112.8 million impairment loss on goodwill in relation to Frontline 2012.The full-year loss is being recorded on the back of a profit of USD 117 million for the year ended December 31, 2016.“The spot rates in the fourth quarter were weak, as inventory draws impacted a freight market that was already suffering from high fleet growth. At the same time, the key drivers for the tanker market, crude oil demand and the world economy remain strong, and we may also be nearing the end of the cycle of inventory draws. The headwind factors experienced in 2017 could turn in our favour possibly towards the end of the year. The quarter shows Frontline’s resilience in weak markets, which is the direct result of low break-even levels and access to competitively priced capital,“ Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS, said.“With asset values, rates and Frontline’s cash break-even rates at historically low levels our downside risk is limited. We are in a unique position to capitalize on increases in both asset values and rates and we have a strong liquidity position in excess of USD 300 million as at the end of December 2017,” Inger M. Klemp, Chief Financial Officer of Frontline Management AS, added.Since the beginning of the year, the company took delivery of the VLCC newbuildings Front Empire and Front Princess and the LR2/Aframax newbuilding Front Polaris.In February 2018, the oil tanker shipping company extended the terms of its senior unsecured loan facility of up to USD 275 million with an affiliate of Hemen Holding by 12 months. Following the extension, the loan is repayable in November 2019.Frontline’s total liquidity as at the end of December 2017 was approximately USD 307 million.In addition, earlier this month Frontline agreed with Ship Finance to terminate the long-term charter for the 1998-built VLCC Front Circassia.last_img read more