Let’s be leaders not followers: Di Bain

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I’m sure many of us have watched in disbelief at the COVID-19 situation unfolding in Melbourne, and are very grateful to be living and working here in the west. Few people would disagree that not only is Perth one of the safest places in the world to be right now, but also to do business.

So it’s perhaps somewhat of a surprise that city workers aren’t back at their desks in city offices en-masse. In the new normal of the COVID world, the WA workforce has largely adapted to working from home, and it seems they’re not in a hurry to return to the CBD.

Some examples include a major accounting firm, which has only 6% of its 600 person workforce coming in, and a large mining company which has red teams and blue teams alternating weeks, but only a quarter of its 4,000 staff opting to show up in person. Overall, Perth has about 135,000 workers and it’s estimated that only 40% have returned post-COVID. Traffic data also shows workers are exiting the CBD early, around 3pm, making the city a ghost town come nightfall.

The impact all of this is having on the small businesses in the city

Govt widens ambit of Rs 3 trn MSME credit scheme, doubles upper loan limit

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The government on Saturday widened the scope of the Rs 3-trillion guarantee scheme by doubling the upper ceiling of loans outstanding to Rs 50 crore and including certain individual loans given to professionals like doctors, lawyers and chartered accountants for business purposes under its ambit.


The tweaking of the Emergency Credit Line Guarantee Scheme (ECLGS) was done based on demand from trade bodies and in line with new MSME definition approved by the Union Cabinet in June.



Briefing the media about the changes made, said the scheme will now include individual loans given for business purposes within the ambit of the ECLGS, subject to the eligibility criteria of the scheme.


“We have also decided to cover individual loans given to doctors, chartered accountants for business purposes under the scheme,” Financial Services Secretary Debasish Panda said.


Similar procedure as with regard to companies would be adopted to sanction loans to these professionals running their business, he said.


To include more companies to take benefit of the scheme, he said, it has been decided to increase the upper ceiling of loans

Mobile companies commit Rs 11,000 cr investment under PLI scheme: ICEA

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Industry body ICEA, which represents top mobile phone makers like Apple, Foxconn, Wistron, Lava, etc, on Saturday said have committed investments worth Rs 11,000 crore under the PLI scheme and they will surpass manufacturing estimates by 2 to 2.5 times.


Major global players Wistron, Pegatron, Foxconn and Hon Hai and Indian such as Lava, Dixon, Micromax, Padget Electronics, Sojo, UTL and Optiemus have applied for benefits under the production-linked incentive (PLI) scheme.



According to the estimates of India Cellular and Electronics Association (ICEA), mobile phone will increase devices production in the country to around Rs 27.5 trillion on higher side under the PLI compared to government’s announcement of Rs 11 trillion.


Union telecom and IT minister has announced that as many as 22 domestic and international firms have lined up with proposals for mobile phones production worth Rs 11 trillion , which have potential to create direct and indirect jobs for around 1.2 million people over the next five years.


“Applications received under the PLI scheme with cumulative investment commitments worth Rs 11,000 crore, total production of mobile phones at

Arrested Zimbabwean Author, Booker Nominee Tsitsi Dangarembga Freed

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Zimbabwean top writer and Booker Prize nominee, Tsitsi Dangarembga was freed on bail on Saturday following her arrest during anti-government protests a day earlier.

Dangarembga, 61, was charged with incitement to commit violence and breaching anti-coronavirus health regulations after staging a two-women demonstration in Harare which coincided with the second anniversary of President Emmerson Mnangagwa’s disputed election.

She was arrested in the upmarket Harare suburb of Borrowdale alongside another protester and hauled into a truck full of police armed with AK-47 rifles and riot gear.

Police had banned the protests called by opposition politician Jacob Ngarivhume, head of a small party called Transform Zimbabwe, against alleged state corruption and the country’s slumping economy.

The government had denounced the protests, calling them an “insurrection”.

The Cambridge-educated author’s arrest came days after her latest novel, “This Mournable Body”, entered the long list for the Booker Prize.

“I’m happy to be out in the fresh air,” Dangarembga told AFP as she left the magistrates’ court.

“It’s a whole experience, something I’ve never gone through,” she said.

She said while the constitution provides for peaceful demonstration, “it seems impossible to do that practically because you run the risk of being arrested if you do

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