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Rejected youth sue MYSC

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Three Francistown youth have vowed to sue the minister of Youth Sports and Culture (MYSC) for rejecting their application for government business sponsorship over defamatory information and fabrication of reasons.

The three – Malebogo Wilson, Amantle Mompati and Tshiamo Morobosi – who stormed The Midweek Sun offices recently threatened to also sue the embattled Francistown Regional youth office. The trio said that they applied for an Arts and Culture grant whose deadline was August 31st.

Wilson had applied for an awards grant to be named Francistown Hairdressing and Marketing awards only for her application to be turned down with a “defaming regret” response. According to the document produced by Wilson, MYSC Francistown Regional office said she had not serviced her Youth Development Fund when the opposite was true.

She said that when her grace period elapsed at the end of July this year, she immediately started repaying her loan from August and September 2015, but was never given a receipt for her payments. “When I received the letter that my application was turned down, I was furious and approached the regional office only for the District coordinator to apologise. She however did not approve my application,” she said. Since her application was turned down, her mother allegedly no longer talks to her as she believes her to have defaulted on her YDF.

Wilson said that the defamatory response by MYSC has divided her family until she went and demanded the August and September receipts which were only issued to her in October. She vowed to leave no stone unturned until all responsible officers at MYSC Francistown are brought to order.
Another applicant Tshiamo Morobosi told this publication that he applied for an arts grant in the Track and Field category only to get a response that his application for Music Recording and Production Sales has been turned down.

“I was taken aback as I have never applied for such. This clearly shows that MYSC Francistown fabricated information to reject my application without going through it. This is something they later admitted. They disclosed that the reason for turning down a large number of applicants to accept only five was shortage of funds,” he said.

Mompati a former employee of MYSC in Francistown is also taking government to court for rejecting her application for funds over defamatory reasons. After quitting she applied for the grant using references from MYSC only to be told the references were irrelevant as they had nothing to do with matters of the youth. She is suing the Ministry because she says they wasted her time.

Meanwhile, the Francistown Youth District Coordinator, Minkie Bokole admitted knowledge of the complaints but claimed ignorance about the legal suit. “If they want to sue my office, they will bring such correspondences to our notice when the time is ripe,” she said refusing to answer any more questions pertaining to the complaints of the concerned youths as she argued the whole thing was an internal matter.

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5 Forex Tools that every African trader must know

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Trading in the foreign exchange market can be intimidating for any African retail trader, regardless of whether they are beginners or experienced traders.

Therefore, all African traders must use a solid trading strategy and a range of trading tools to assist them in their trading decisions. Forex trading tools can be accessed through a forex trading platform and a forex broker, who often offer this for free or as a paid service.

There are hundreds of helpful forex tools that African traders can use, and these are some of the best ones.

Economic Calendar

An economic calendar is one of the most useful and powerful forex trading tools for African forex traders. The calendar features a list of economic releases and geopolitical events, amongst other things according to their date, location, and level of importance.

African traders can gain insight into future market consensus, historical released outcomes, central bank policy statements, monetary policies and policymaker speeches, upcoming elections, and so on.

Trading Signals

Trading signals are another popular tool that traders can use to help them make accurate and dependable predictions on price movements in the forex market. Trading signals are popular tools for forex traders because they can trigger buy or sell actions according to predetermined criteria.

Trading signals can consist of criteria such as volume surges, earnings reports, or using certain existing signals. Technical analysis is an important component in using trading signals as it can help traders recognise the types of trading indicators that they can use to complement their trading style.

However, quantitative analysis, market sentiment measures, and fundamental analysis tools are also important considerations for making informed trading decisions. Trading signals can help successful traders remain focused in volatile markets, helping them identify perfect trading opportunities, market trends, resistance levels, and market movements in a range of markets.

Trading Platforms

Trading platforms refer to the software applications that African traders use to carry out trades. This is not the only function of a forex trading platform, and it can be used for in-depth analysis and other functions.

Trading platforms feature a wide range of tools for traders including an economic calendar, technical indicators, educational resources, and more. Trading platforms have comprehensive charting capabilities, with price charts that can be viewed in different time frames across different financial markets.

Trading Journal

All market participants are urged to keep a comprehensive trading journal, providing them with a detailed record of their past trades.

By keeping a trading journal, African traders can take note of their successful trades, the trading strategies they use, and they can note their mistakes to allow them to improve on their strategies.

Some information the trading journal must include is:

  • The date on which trades are executed
  • The currency pair or financial instrument is traded along with the entries and exits.
  • Whether the trader entered a buy or sell position
  • The price at which the trade was entered and the closing price when it was closed
  • The amounts of pips gained or lost along with their value in base currency
  • The technical indicators or trading strategies used

Calculators

African traders have a wide range of calculators that will save them a significant amount of time in preparing for different market conditions. These calculators include some of the following:

  • Margin calculators
  • Profit calculators
  • Currency converters
  • Volatility calculators
  • Pip calculators, and several others.
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Church distances itself from Pastor who livestreamed his suicide

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Head Pastor at Metsimotlhabe Holiness Union Church France Koosimile has distanced his church from Phenyo Godfrey who committed suicide live on social media a week ago. Speaking to this publication this week, Koosimile said Godfrey was never a Pastor at Holiness church as assumed by many.

Godfrey, who goes by the name Bishop P Godfrey on social media, allegedly shot a video of himself committing suicide on Sunday evening. According to a few friends and those close to Godfrey, the deceased was from Molepolole and has been identified as a pastor at Holiness Union Church in Metsimotlhabe.

On the evening  of Sunday last week, he went live on Facebook and proceeded to put a rope around his neck. He was seen in the short video hanging by the neck until he took his last breath. TO READ THE FULL STORY, BUY THIS WEEK’S (11 August 2021)  PRINT EDITION OF THE MIDWEEK SUN AT A STORE NEAR YOU.

 

 

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