NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Transport

  • MIL-OSI United Kingdom: Anti-social tenant evicted by Court warrant

    Source: City of York

    Following a ruling by a District Judge, a council tenant was evicted on Thursday 22 May, after drug-related activities and anti-social behaviour caused misery for her neighbours.

    The council was granted a possession order by York County Court to end the tenancy of Nikkita Richardson, aged 29, of Pottery Lane, York. 

    This follows reports from local residents to the Council and North Yorkshire Police about drug-taking and dealing and anti-social visitors. This led to concerns about this address being used to transport illegal drugs from one area to another – known as County Lines activities.

    The anti-social behaviour in the home and area, including loud noise and arguments at the house, disrupted and concerned local people who worried about its impact on their families.

    Following work with residents and North Yorkshire Police, City of York Council served a legal warning of eviction on Ms Richardson, which she breached on numerous occasions. The Council then applied to York County Court for authority to evict its tenant and regain possession of the property.

    After considering evidence, the District Judge granted the Council permission to evict which was done in conjunction with North Yorkshire Police officers.

    Ms Richardson was advised where she could get information on her housing options, should she need it.

    Councillor Michael Pavlovic, Executive member for Housing and Safer Communities, said: 

    Local residents’ co-operation in reporting and working with our Community Safety Hub has played a significant part in tackling this unacceptable activity in our communities. 

    “Please tell us your concerns and, as this outcome shows, we can work with you and take action.”

    Chief Inspector Ryan Chapman, Operational Commander for Neighbourhood Policing in York and Selby, said:

    County Lines drug dealing is a blight on our communities and causes a great deal of harm.

    “Together with key partners including City of York Council, we are more determined than ever to clamp down on the criminal activity and the associated anti-social behaviour.

    “We hope this latest eviction is welcomed by residents and shows that we will take all necessary action to make our neighbourhoods as safe and secure as possible.

    “There will be no let-up and we will continue to act on information provided by residents and businesses, either directly to the police or council or provided anonymously to Crimestoppers.”

    Sergeant Charlotte Gregory from North Yorkshire Police, said: 

    This address has been subject of joint work and investigations with North Yorkshire Police and City of York Council in the Community Safety Hub since August 2024 due to anti-social behaviour and drug-related concerns. The address has been a focus under Operation Titan, the York and Selby Command’s response to County Lines.

    “The support from the Court in granting the Council possession of the property shows we are continuing to respond jointly to reports and information we get in a robust manner, through various approaches.”

    Reporting information about drug-related crime

    Anyone with any information about suspected drug-related crime are urged to make a report via the North Yorkshire Police website or by calling 101 and speaking to the Force Control Room.

    Always dial 999 if an emergency response is required.

    If you would prefer to remain anonymous, please call Crimestoppers on 0800 555 111 or make a report online at www.crimestoppers-uk.org.

    The signs of drug dealing can include:

    • Increased callers at a property at all times of the day or night
    • Increase in cars pulling up for short periods of time
    • Different accents at a property
    • Anti-social behaviour at a property
    • Not seeing the resident for long periods of time
    • Drug-related rubbish – small plastic bags, syringes
    • Windows covered or curtains closed for long periods

    Get professional support for drug and alcohol-related issues

    Report anti-social behaviour:

    at www.york.gov.uk/AntisocialBehaviour, call 01904 551555 or email: neo@york.gov.uk.

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI United Kingdom: Thousands of youngsters take part in Aberdeen Big Sing 2025

    Source: Scotland – City of Aberdeen

    An impressive 3,000 Primary Four pupils from across the city came together to sing as one big choir at the Aberdeen Big Sing 2025 spectacular in the Duthie Park today (Wednesday 28 May). 

    Now in its third year, Aberdeen Big Sing is a celebration event which offers children aged 8-10-years-old the opportunity to enjoy the feel good factor that music and song can offer, a positive shared experience, and the chance to make new friendships.   

    Councillor Martin Greig, Convener of Aberdeen City Council’s Education and Children’s Services Committee, said: “The music and song from the young people was wonderful. It was lovely to hear the children from our twin city of Clermont-Ferrand taking part in this year’s Big Sing.  My thanks go to everyone involved who helped make this such an enjoyable event. This was a great opportunity to link up in advance of the Tall Ships which will travel from France to Aberdeen in July.”

    Councillor Jessica Mennie, vice-convener of the Education and Children’s Services Committee, said: “Aberdeen Big Sing 2025 was wonderful. It was clear from the fabulous performances by all the Primary Four pupils that they and the Aberdeen City Music Service vocal team have put in a lot of effort and enthusiasm to produce such a great event.”

    The children had been taught the songs by Aberdeen City Council’s Music Service specialist vocal team. Members of the team have been visiting schools since August 2024 with their time funded through Creative Scotland’s Youth Music Initiative.

    Morag Macdonald, Youth Music Initiative Manager at Creative Scotland said: “Aberdeen Big Sing 2025 is a truly fantastic celebration of creativity, community, and the joy of making music with peers. It’s wonderful to see so many young people coming together through song, building confidence and connection along the way. Through the Youth Music Initiative, we’re proud to support the dedicated vocal team at Aberdeen City Music Service who make events like this possible. Congratulations to all the pupils, teachers and organisers for delivering such an inspiring day.”

    The pupils performed eight songs mostly themed around the sea to coincide with the city hosting The Tall Ships Race 2025 (19 July-21 July).  Songs included A Sea Journey, My Bonnie Lies Over the Ocean, and Colour is a Beautiful Thing.

    The young singers were accompanied by the Big Sing Band which is made up of Aberdeen City Music Service and Robert Gordon College pupils, Charleston School and Ashley Road School Woodwind Ensembles, and the Robert Gordon College Pipe Band.

    Primary Four pupils from five schools in Clermont-Ferrand in France, which is twinned with Aberdeen, participated in the annual event for the first time.  The pupils from Ecole de Fournols; Ecole de Saint Georges sur Allier; Ecole élémentaire d’Aydat; Centre élémentaire d’Issoire and Ecole élémentaire Pierre Mendès France had taken part in various singing activities including a ‘live’ lesson and created recordings of their singing, which were broadcast at the event.

    Primary Four pupils at Muirfield School commented afterwards on how much they enjoyed being part of Aberdeen Big Sing 2025.  One pupil said: “I liked it. It was fun, my favourite song was “Thank You For The Music.”

    Another pupil added:  “It was scary and exciting being around so many other Primary Fours. I’m Still Standing was fun and I liked dancing to it.”

    An estimated 2,500 family members and friends of the young singers attended the event. 

    MIL OSI United Kingdom –

    May 29, 2025

  • Govt clears ₹3,399 crore railway projects in Maharashtra, MP to enhance connectivity

    Source: Government of India

    Source: Government of India (4)

    The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved two significant railway infrastructure projects in Maharashtra and Madhya Pradesh, with a combined estimated cost of ₹3,399 crore.

    The projects involve the construction of additional railway lines on the Ratlam–Nagda and Wardha–Balharshah routes. Aimed at improving connectivity and enhancing the seamless movement of passengers and freight, these projects are expected to play a vital role in regional development.

    Scheduled for completion by the fiscal year 2029–30, the projects will span approximately 176 kilometers, covering four districts across the two states These initiatives fall under the PM Gati Shakti National Master Plan for multi-modal connectivity. Enabled by integrated planning, the projects aim to provide seamless connectivity for the movement of people, goods, and services.

    The enhanced capacity is expected to benefit approximately 784 villages, impacting a population of nearly 19.74 lakh. These corridors are vital for the transportation of key commodities such as coal, cement, clinker, gypsum, fly ash, containers, agricultural produce, and petroleum products.

    The capacity augmentation is projected to handle additional freight traffic of 18.40 million tonnes per annum (MTPA). This is expected to optimize supply chains, lower logistics costs, and accelerate economic growth.

    The multitracking work will also have a strong environmental impact. It is expected to reduce oil imports by 20 crore litres and cut CO₂ emissions by 99 crore kilograms, equivalent to the plantation of 4 crore trees. The increased line capacity will significantly enhance mobility, resulting in improved operational efficiency and service reliability for Indian Railways.

    In terms of job creation, the projects are set to generate approximately 74 lakh person-days of direct employment during the construction phase.

    The projects align with Prime Minister Modi’s vision of a “New India” and aim to make the local population Atmanirbhar (self-reliant) by enabling comprehensive regional development and improving employment and self-employment opportunities.

    May 29, 2025

  • MIL-OSI Security: California Man Sentenced to 78 Months in Prison for Distribution of Child Pornography and Making a Hoax Bomb Threat in Connection with Retaliation Against a Minor

    Source: US FBI

    HARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Nathaniel Sean DeLeon, age 20, of Tulare, California, was sentenced on May 20, 2025, to 78 months’ imprisonment by United States District Judge Karoline Mehalchick for distribution of child pornography and making a bomb threat hoax in connection with a campaign of retaliation against a Cumberland County minor in 2023. 

    According to Acting United States Attorney John C. Gurganus, DeLeon met the then-16-year-old minor victim on the Roblox gaming platform and began an online relationship. The relationship ended. Thereafter, between June 2023 and November 2023, DeLeon caused law enforcement in Cumberland County, Pennsylvania, to respond to 23 related “swatting” incidents at addresses in Cumberland County, the majority of which belonged to the minor victim. The calls generally related information that someone had a gun and had killed, or was about to kill, another person.

    On November 30, 2023, DeLeon, identifying himself as the minor victim, informed a suicide prevention worker via an internet messaging application that the minor victim had placed pipe bombs in the classrooms and bathrooms of Big Spring High School, located in Cumberland County, and was in a car outside of the school with a shotgun. As a result, approximately 650 students and staff from Big Spring High School were evacuated. No bombs went off and it was determined that there were no explosive devices inside the school.

    DeLeon also distributed a sexually explicit video of a minor victim on two occasions in November 2023.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc.

    The case was investigated by the Federal Bureau of Investigation and the Pennsylvania State Police. Assistant United States Attorney David C. Williams prosecuted the case.

    # # #

    MIL Security OSI –

    May 29, 2025

  • MIL-OSI: Rapsodo Elevates Its Golf Performance Tracking with Introduction of Two New Club Data Metrics on the MLM2PRO

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, May 28, 2025 (GLOBE NEWSWIRE) — Rapsodo, a leading sports data and performance technology company, has added two new key club data metrics, club path and angle of attack, to its award-winning mobile launch monitor, the Rapsodo MLM2PRO. The additions bring the total number of key golf metrics available through the Rapsodo MLM2PRO to 15 for users with an MLM2PRO premium membership. The additions complement Club Head Speed and Smash Factor to round out the best performance indicators to help any golfer understand and improve their swing for shot accuracy, consistency and distance.

    Club path measures the direction the club head moves at the moment of impact relative to the target line. Having a positive club path indicates that the club head is moving from the inside to the outside of the target line. Conversely, a negative value indicates movement to the left, outside to inside. Avoiding the extremes and maintaining a more neutral club path is optimal for improved accuracy and increased distance.

    Angle of Attack refers to the vertical direction the club head moves at impact. The angle can be positive or negative and is key to optimizing distance and trajectory. For example, a driver performs best in an upward motion, or positive angle of attack, because it optimizes ball launch, reduces spin and increases the total carry, allowing for a higher, more controlled ball flight for distance. Irons are typically optimized with a downward strike, or negative angle of attack. The downward strike with an iron is key for controlling spin and trajectory, helping the ball land solidly on the green instead of bouncing off to the sand.

    The addition of the new metrics continues to prove Rapsodo’s commitment to innovating its products and delivering unparalleled performance. Golfers of all skill levels can enjoy top-tier, instant, detailed feedback at their fingertips to help lower their scores. The all-in-one device also offers access to 30,000 simulated courses, providing professional-grade, multi-dimensional views of golf courses worldwide, to practice anywhere, anytime.

    “These new key golf metrics not only expand the performance of club data available to our users, but they also reinforce our promise to continually innovate and deliver more value through the MLM2PRO Premium Membership platform,” said Pete Gibbons, director of golf at Rapsodo. “Using the MLM2PRO to perfect one’s swing can help even the most novice of golfers shave off three to four bad shots a round, which could be the difference between breaking 100 for the first time. For experienced golfers, perfecting these metrics could take their game into the upper 4% of all golfers, breaking 80.”

    All MLM2PRO ($699.99) devices include a free 45-day trial of the MLM2PRO Premium Membership. The annual membership is $199, and a lifetime membership is $499. The new metrics will be delivered to existing users through a firmware and app update.

    For more information, visit rapsodo.com and see the media kit here.

    About Rapsodo
    Rapsodo defies limits with affordable, professional-grade technology to enhance the way athletes play across the world. Used by MLB teams, NCAA Division I Champions, and elite PGA coaches, Rapsodo technology has earned multiple MyGolfSpy’s Best of Golf Awards and the Official Player Development Partner of USA Baseball, affirming Rapsodo’s leadership in golf, baseball, and softball tech. Do what you didn’t think was possible. Play Without Limits. Play with Rapsodo. Discover more at Rapsodo.com.

    Media Contact:
    Tara Evans
    Uproar by Moburst for Rapsodo
    tara.evans@moburst.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Kalle Virtanen appointed Oma Savings Bank’s Chief Operating Officer and member of the management team

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 28 MAY 2025 AT 17.00 PM CHANGES IN BOARD/MANAGEMENT/AUDITORS


    Kalle Virtanen appointed Oma Savings Bank’s Chief Operating Officer and member of the management team

    Oma Savings Bank Plc (OmaSp or the company) has appointed Kalle Virtanen (L.LM, trained on the Bench, L.LM (Stockholm) and CEFA) Chief Operating Officer (COO) and member of the management team. Virtanen will start in his position on 1 August 2025.

    Chief Operating Officer (COO) is a new role within OmaSp and the unit lead by Virtanen will be responsible for OmaSp’s retail and corporate banking support functions such as back-office and financial crime prevention. Kalle Virtanen focuses particularly on enhancing the bank’s operational efficiency and, through that, improving the customer experience.

    Virtanen has over 25 years of experience in banking and finance, and he has held several expert and business leadership roles in the sector. Virtanen has most recently worked as EY’s Financial Services Law practice lead in Finland and before that in Nordea.

    ”Our transformation journey continues. We have significantly strengthened our resources in regulatory compliance, risk management, and back-office functions — all critical areas in banking — and have recruited new professionals for key roles. We are very pleased to welcome an experienced and capable leader like Kalle to our team to help further develop OmaSp operations. Kalle’s strong leadership and expertise are exactly what we need at this stage,” says Karri Alameri, OmaSp CEO.

    “OmaSp is a well-capitalized bank, its staff is active, and OmaSp has a nationwide network for meeting and serving customers. I look forward to the upcoming tasks and collaboration with new colleagues and stakeholders with interest and enthusiasm,” says Kalle Virtanen.

    The appointment is subject to the Finnish Financial Supervisory Authority’s approval of the fit and proper assessment concerning Virtanen.

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi


    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

    May 29, 2025

  • MIL-OSI: EMGS: Notice of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Notice is hereby given of the annual general meeting of Electromagnetic Geoservices ASA (“EMGS” or the “Company”). The annual general meeting will be held at the Company’s offices in Karenslyst Allé 4, 4(th) floor, 0278 Oslo, Norway on 19 June 2025 at 12:00 CEST.

    The calling notice is attached to this stock exchange notification, and will, together with all appendixes, the Company’s annual report for 2024, and the remuneration report for 2024 be published on the Company’s webpage www.emgs.com.

    Contact
    Anders Eimstad, Chief Financial Officer, +47 94 82 58 36

    About EMGS
    EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company’s services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel. CSEM technology can also be used to detect the presence of marine mineral deposits (primarily Seabed Massive Sulphides) and EMGS believes that the technology can also be used to estimate the mineral content of such deposits. The Company is undertaking early-stage initiatives to position itself in this future market.

    This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    Attachment

    • Calling notice EMGS 2025 AGM

    The MIL Network –

    May 29, 2025

  • MIL-OSI: ROTH Announces the Addition of Kyle Bauser, Ph.D. to its Healthcare Research Team

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., May 28, 2025 (GLOBE NEWSWIRE) — via IBN – Roth Capital Partners (“ROTH”), www.roth.com, today announced Kyle Bauser, Ph.D., as Managing Director, Senior Research Analyst. Dr. Bauser has joined the firm’s healthcare research team, covering the medical technology sector. He has over a decade of MedTech experience across equity research and industry.

    Dr. Bauser began his career in MedTech equity research over 12 years ago at Piper Sandler. He later worked in marketing and corporate development at Vascular Solutions before returning to research at Dougherty & Co, where he became Managing Director and Co-Head of Equity Capital Markets. His research primarily focuses on small- to mid-cap and underfollowed companies with novel technologies. He studied Mathematical Economics and Pre-Med at Colorado College as an undergraduate and earned a Ph.D. in Economics from the City University of New York Graduate Center.

    Jeff Martin, CFA, Co-Director of Research & Senior Research Analyst at ROTH, commented, “I’m pleased to welcome Kyle to our healthcare research team. I am confident his strong research background and understanding of equity markets in MedTech will serve our clients well.”

    “We are committed to expanding our research department across industries and market caps”, said Sagar Sheth, CEO of ROTH. “I’m confident that Kyle’s expertise will provide valuable insights for our clients and help expand our healthcare practice.”

    Dr. Bauser noted, “I am thrilled to be joining the impressive ROTH platform, which has a full suite of offerings dedicated to small-cap growth companies. I look forward to collaborating with the team and utilizing my diverse set of experiences to identify unique MedTech opportunities for our clients.”

    Since 2010, ROTH has been involved in over 600 transactions for its healthcare clients, with a total transaction value of over $25 Billion. (Source: ROTH 05.21.25)

    About ROTH:
    ROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Our full-service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, Roth is a privately held, employee-owned organization and maintains offices throughout the U.S. For more information on Roth, please visit www.roth.com.

    Investor Contact
    ROTH
    Isabel Mattson-Pain
    Managing Director, Chief Marketing Officer
    imattson-pain@roth.com | 949.720.7117
    ROTH – Member FINRA/SIPC – www.roth.com

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel on of the company for the transfer of savings shares in the share savings plan

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 28 MAY 2025 AT 17.30 P.M EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE


    Oma Savings Bank Plc’s Board of Directors resolved on a directed share issue to the personnel on of the company for the transfer of savings shares in the share savings plan

    The Board of Directors of Oma Savings Bank Plc established on 29 February 2024 a share savings plan for the employees of the company (“OmaOsake-plan”). The main terms and conditions of the OmaOsake-plan were described in a stock exchange release issued on 29 February 2024. In the OmaOsake-plan, the employees can save a proportion of their salary and invest the savings to the shares of Oma Savings Bank Plc. The savings are used to acquire shares two times in a year.

    To implement the OmaOsake-plan, the Board of Directors resolved to issue a total of 24,318 new shares of Oma Savings Bank Plc. The share issue is directed, deviating from the shareholders’ pre-emptive subscription right, to the participants of the OmaOsake-plan. The company has a weighty financial reason for the deviation from the shareholders’ pre-emptive right, since the purpose of the share issue is to implement the OmaOsake-plan in accordance with its terms and conditions. The share issue is based on the authorisation given by the Annual General Meeting on 8 April 2025.

    The new shares are the savings shares subscribed for with the savings accumulated under the OmaOsake-plan during 1 October 2024 – 31 March 2025. The shares have been subscribed for 7.51 euros per share, which corresponds to the volume-weighted average price of the share during 1 April – 30 April 2025, deducted by 10 per cent. The subscription price is credited to the Company’s reserve for invested unrestricted equity.

    The estimated registration date of the new shares to the trade register is 12 June 2025 and the new shares are estimated to be traded alongside the old shares on Nasdaq Helsinki Ltd on 13 June 2025. After the share issue, the number of Oma Savings Bank Plc’s shares is 33,317,089.

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

    May 29, 2025

  • MIL-OSI USA: Press Release: FDIC-Insured Institutions Reported Return on Assets of 1.16 Percent and Net Income of $70.6 Billion in the First Quarter

    Source: US Federal Deposit Insurance Corporation FDIC

    Net Income Increased From the Prior Quarter, Led by Higher Noninterest Income: For the 4,462 FDIC-insured commercial banks and savings institutions quarterly net income totaled $70.6 billion, up $3.8 billion (5.8 percent) from the prior quarter. The banking industry reported an aggregate ROA of 1.16 percent in first quarter 2025, up from 1.11 percent in fourth quarter 2024 and 1.09 percent in the year-ago quarter. The quarterly increase in net income was led by higher noninterest income (up $5.4 billion, or 7 percent). Gains in noninterest income were due to market movements and volatility as several large firms reported mark-to-market gains on certain financial instruments in the quarter. Lower losses on the sale of securities also contributed to an increase in net income.

    Community Bank Net Income Increased From Last Quarter: Quarterly net income for the 4,022 community banks insured by the FDIC totaled $6.8 billion in the first quarter, an increase of $621.0 million (10 percent) from fourth quarter 2024. The community bank pretax ROA increased 11 basis points from last quarter to 1.18 percent. Higher net interest income (up $315.7 million, or 1.4 percent) and lower losses on the sale of securities (up $313.7 million, 54.8 percent) along with lower provision expenses (down $249.7 million, or 19 percent) and noninterest expenses (down $423.2 million, or 2.3 percent) more than offset lower noninterest income (down $476.6 million, or 9.1 percent).

    Quarterly Net Interest Margin Ticked Down From the Prior Quarter: The industry reported a modest quarterly decline in net interest income (down $278.3 million, or 0.2 percent), as interest income decelerated slightly more than interest expense. The net interest margin (NIM) fell by two basis points to 3.25 percent, equal to the pre-pandemic average. [1] The community bank NIM of 3.46 percent increased two basis points quarter over quarter, increasing for the fourth consecutive quarter, but is still below the pre-pandemic average of 3.63 percent.  

    Asset Quality Metrics Remained Generally Favorable, Though Weakness in Certain Portfolios Persisted: Past-due and nonaccrual (PDNA) loans, or loans that are 30 or more days past due or in nonaccrual status, fell one basis point from the prior quarter to 1.59 percent of total loans. The industry’s PDNA ratio is still below the pre-pandemic average of 1.94 percent.  While banks reported quarterly decreases in PDNA of credit card loans (down $2.7 billion, or 9 basis points to 3.22 percent), and auto loans (down $2.6 billion, or 48 basis points to 2.84 percent), weaknesses persisted in certain portfolios. The PDNA rate for commercial real estate (CRE) portfolios is the highest it has been since the fourth quarter of 2014 at 1.49 percent. Multifamily CRE PDNAs have grown the most in the past year, up 88 basis points to 1.47 percent.

    The industry’s net charge-off ratio decreased three basis points to 0.67 percent from the prior quarter and is one basis point higher than the year-ago quarter. This ratio is 19 basis points above the pre-pandemic average. Most portfolios had net charge-off rates above their pre-pandemic averages including credit card loans, 123 basis points above the pre-pandemic average at 4.71 percent.  

    Loan Growth Remains Modest: Total loan and lease balances increased $62 billion (0.5 percent) from the previous quarter. The largest portfolio increases were reported in loans to non-depository financial institutions, in part due to continued reclassifications following the finalization of changes to how certain loan products should be reported. In addition to these reclassifications, commercial and industrial, and multifamily CRE contributed to the industry’s quarterly loan growth. The industry’s annual rate of loan growth in the first quarter was 3.0 percent, below the pre-pandemic average of 4.9 percent.

    Total loans at community banks increased 0.8 percent from the prior quarter and 4.9 percent from the prior year, led by increases in nonfarm nonresidential CRE loans and 1-4 family residential mortgage portfolios.

    Domestic Deposits Increased for the Third Consecutive Quarter: Domestic deposits increased $180.9 billion (1 percent) from fourth quarter 2024, rising for a third consecutive quarter. Savings deposits increased, with declines in small time deposits partially offsetting the increases. Brokered deposits decreased $14.9 billion (1.2 percent) from the prior quarter, declining for the fifth consecutive quarter. Estimated insured deposits increased this quarter (up $110.5 billion, or 1 percent).

    The Deposit Insurance Fund Reserve Ratio Increased Three Basis Points to 1.31 Percent: In the first quarter, the Deposit Insurance Fund balance increased $3.8 billion to $140.9 billion. The reserve ratio increased three basis points during the quarter to 1.31 percent.

    Change in Number of Insured Institutions: The total number of FDIC-insured institutions declined by 25 during the first quarter to 4,462. During the quarter, one bank opened, one bank failed and did not file a Call Report in the prior quarter, one bank was sold to an uninsured institution, and 25 institutions merged with other banks. 

    ATTACHMENTS:
    Quarterly Banking Profile Home Page
    Charts & Data
    FDIC Statement

    # # #

    MEDIA CONTACT: 
    Julianne Breitbeil
    202-340-2043
    JBreitbeil@FDIC.gov

    [1] The “pre-pandemic average” refers to the period of first quarter 2015 through fourth quarter 2019 and is used consistently throughout this press release.

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI Security: Estacada Man Faces Federal Charges for Trafficking 270 Pounds of Methamphetamine

    Source: Office of United States Attorneys

    PORTLAND, Ore.— An Estacada, Oregon, man is facing federal charges today after he was caught transporting 270 pounds of methamphetamine from Southern California to Oregon.

    Anthony Barrera, 29, has been charged by criminal complaint with possessing methamphetamine and cocaine with the intent to distribute.

    According to court documents, during an investigation of an alleged drug trafficker, later identified as Barrera, investigators learned Barrera rented a vehicle and traveled to California to pick up large quantities of drugs to distribute and sell in Oregon.

    On May 24, 2025, officers located Barrera driving the rental vehicle northbound on Interstate 5 and followed him to a rest area near Roseburg, Oregon, where Barrera was arrested without incident. Agents executed a federal search warrant on the rental vehicle and seized 270 pounds of methamphetamine and two pounds of cocaine, which were concealed in the backseat and cargo area of the vehicle. Later the same day, investigators executed a federal search warrant on Barrera’s residence where they seized two firearms hidden under the floor of a closet.

    Barrera made his first appearance in federal court today before a U.S. Magistrate Judge. He was ordered detained pending further court proceedings.

    The case is being investigated by the FBI and the Multnomah County Dangerous Drug Team (DDT). It is being prosecuted by Charlotte Kelley, Assistant U.S. Attorney for the District of Oregon. 

    The Multnomah County DDT is supported by the Oregon-Idaho High-Intensity Drug Trafficking Area (HIDTA) and is composed of members from the Multnomah County Sheriff’s Office, Multnomah County Parole and Probation, Gresham Police Department, the FBI and U.S. Marshals Service (USMS). 

    The Oregon-Idaho HIDTA program is an Office of National Drug Control Policy (ONDCP) sponsored counterdrug grant program that coordinates with and provides funding resources to multi-agency drug enforcement initiatives.

    A criminal complaint is only an accusation of a crime, and a defendant is presumed innocent unless and until proven guilty.

    MIL Security OSI –

    May 29, 2025

  • MIL-OSI United Kingdom: SFO charges global aircraft parts supplier with fraud offence

    Source: United Kingdom – Executive Government & Departments

    Press release

    SFO charges global aircraft parts supplier with fraud offence

    Jose Alejandro Zamora Yrala is charged with fraudulent trading as part of an SFO investigation into a company that sold parts for aircraft engines.

    The Serious Fraud Office (SFO) has today charged Jose Alejandro Zamora Yrala with fraudulent trading as part of its investigation into a company that sold airline parts for the passenger and cargo aircraft engines, the CF56 and CF6. 

    Zamora Yrala, the company director, is accused of operating UK-based AOG Technics for a fraudulent purpose. The company’s customers included airlines, maintenance providers and parts suppliers. 

    From 2019 to 2023 the company allegedly defrauded customers by falsifying documentation that related to the origin, status or condition of aircraft parts. 

    Planes in the UK and elsewhere around the world were grounded in 2023 after the UK’s Civil Aviation Authority, the United States’ Federal Aviation Administration, and the European Union Aviation Safety Agency issued safety alerts to airlines that may have bought or installed AOG’s parts. 

    Soon after, the SFO launched an investigation, later agreeing to conduct a joint investigation with Portuguese authorities into the supply of suspected fraudulent safety certification and parts. The Portuguese investigation is ongoing and last week authorities searched ten locations across Portugal and made three arrests with SFO officers in attendance.  

    Zamora Yrala will appear at Westminster Magistrates Court on Monday 2 June 2025. 

    Nick Ephgrave QPM, Director of the Serious Fraud Office (SFO), said: 

    Planes were grounded, and significant disruption was caused, today’s charges are the outcome of a focussed and fast paced investigation.

    I’m proud that we’ve acted swiftly, together with our Europeans partners, to bring this important case to charge in just 19 months.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 28 May 2025

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI United Kingdom: Blue badge parking during York Pride

    Source: City of York

    Published Wednesday, 28 May 2025

    There will be some brief changes to blue badge parking in York on Saturday 7 June to allow the Pride parade to pass safely through the city centre.

    Road closures

    Church Street will be closed to all traffic from 10.30am until around 1.30pm.  St Helen’s Square will be closed from 11.30am until around 1.30pm.

    Blue badge parking suspension

    Parking on St Helen’s Square will be suspended from 10.30am until around 1.30pm. This means that blue badge holders will still be able to get through to either park in Lendal or exit onto Museum Street until 11.30am.

    Parking available during the parade

    Limited spaces will be available on the double yellow lines in King’s Square. Access for blue badge holders only will be via Goodramgate into Kings Square, vehicles will be able to exit via Colliergate.
    Badge holders will be able to park their cars on Blake Street (between McDonald’s and St Helen’s Square) until 11.30am but will not be able to move their vehicles again until the parade has passed through the area.

    Limited spaces are also available on Lendal (outside the old Post Office)
     

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI United Kingdom: Urgent warning about the safe disposal of batteries and disposable BBQs after Leeds bin wagon fires

    Source: City of Leeds

    Three concerning near-misses with bin wagons in the last week

    Leeds residents are being reminded about the dangers of binning batteries and hot ash from barbeques after three separate incidents in refuse collection vehicles in the last week.

    Waste crews were carrying out collections in Burmantofts, Armley and Middleton when smoke started emerging from the back of their wagons. In each case, thanks to the quick actions of the crews, the fire service was promptly called and advised tipping the smouldering waste on to the road to enable it to be safely extinguished.

    Evidence in each case appeared to show the fires were caused by either disposable barbeques or batteries from vapes or other discarded devices. Fortunately, on these occasions the crews were unhurt, and the bin wagons, roads and local properties were not damaged. The mess created in each location was cleared as soon as could be safely arranged, but not without the time and cost involved and some inconvenience to local residents and road users.

    As a result of these incidents, all residents are being reminded the best way to get rid of disposable barbeques is to let them completely cool down until at least the next day after use and to soak them in water before wrapping them in foil and disposing of them in a black wheelie bin.

    Loose batteries or devices like vapes that contain lithium-ion batteries can be safely recycled at the place they were purchased from, most supermarkets or any local household waste recycling centre in Leeds.

    Leeds City Council executive member for climate, energy, environment and green space, Councillor Mohammed Rafique said:

    “We’d like to thank all of the crews in these incidents for their quick-thinking and attentiveness as well as West Yorkshire Fire and Rescue Service for their guidance on how to handle these situations to avoid serious issues developing.

    “Fires in bin wagons or at recycling centres can be started from the smallest spark or heat source. This results in danger to our crews and staff, damaged vehicles and inconvenience for residents. We appeal to everyone to please dispose of your rubbish responsibly, taking extra care that disposable barbecues are fully cooled down and that hidden batteries in things like vapes are recycled in an appropriate battery bin. Taking the time to be vigilant helps to keep everyone safe.”

    Note for editors:
    To safely get rid of used E-cigarettes and disposable vapes, these should be taken back to the shops they were bought from and deposited in their vape bins.

    Alternatively, find an electrical recycling point at https://www.recycleyourelectricals.org.uk/ or deposit them in the special vape bins at one of the eight local household waste recycling centres across Leeds which can be found at Where to take your waste and recycling | Leeds.gov.uk

    A Material Focus local authorities survey in the UK estimated that over 1,200 fires were caused by crushed or damaged batteries in waste streams in 2023, an increase of 71 per cent from the year before.

    ENDS

    For media enquiries please contact:

    Leeds City Council communications and marketing,

    Email: communicationsteam@leeds.gov.uk

    Tel: 0113 378 6007

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI United Kingdom: A660: Next stage of improvements to begin from Monday 2 June

    Source: City of Leeds

    Leeds City Council is to begin the latest stage of its £10.4m improvement works along the A660, improving safety for pedestrians and cyclists and helping speed up bus journeys between Headingley and the city centre.

    Starting from Monday 2 June, works will begin to deliver a segregated inbound and outbound cycle track on both sides of the road, change pedestrian crossings outside the Arndale Centre and The Original Oak to toucan crossings, along with a major upgrade of both  the junctions of Hyde Park Corner and North Lane.

    Other improvements include introducing a 20mph speed limit between Shaw Lane and St. Michael’s Road, wider pavements and continuous crossings at most junctions, upgrading bus stops and shelters, and providing better access to public transport outside the Arndale Centre.

    From Monday 16 June, the junction of St. Michael’s Road and the A660 will be permanently closed to motor vehicles, with the area being transformed into a public space following a public consultation which saw 57% of responses backing this particular proposal.

    The junction of the A660 with Regent Park Avenue will also be closed to motor vehicles from 30 July, and the existing left turn road closure from Woodhouse Street to A660 Woodhouse Lane will also be made permanent, with greenery and space for outdoor dining.

    The improvements are funded by a £10.4m grant from Active Travel England, with this phase of work being delivered by construction partners Hinko Construction.

    The works aim to improve safety for pedestrians and cyclists along a route which saw 172 casualties between 2016 and 2021, encouraging people to choose more active and sustainable methods of travel which can boost health and wellbeing and help tackle climate change. They follow previous phases which were completed earlier this year, with 63% of respondents supporting the overall proposals during public consultation.

    Deputy Leader and executive member for economy, transport and sustainable development, Councillor Jonathan Pryor, said:

    “The A660 is one of our city’s busiest routes with thousands of people walking between north Leeds and the city centre every day, along with more than 1,000 cyclists daily and a high number of cars and buses.

    “It’s important that we make these improvements so it’s safer for everyone using it, helping to meet our Vision Zero strategy goal of eliminating road deaths and serious injuries on Leeds’ roads by 2040.

    “As with any scheme of this nature there is likely to be some disruption during construction, but we will work to keep this to a minimum, so we are encouraging people to plan ahead when travelling along this route.”

    The works are expected to be completed by summer 2026, with several measures being put in place to minimise disruption wherever possible.

    The majority of works will be carried out between 9.30am and 3.30pm on weekdays. In some instances, to ensure safety lanes will be narrowed where traffic will continue to flow in both directions.

    In some instances, temporary traffic lights will be required which will take the road down to a single lane, and there will also be some temporary road closures in place. This is likely to lead to delays.

    Bus routes will not be affected but there will be some temporary bus stops in place.

    More details about the works can be found at the scheme’s dedicated website.

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI USA: Trump Signs Griffith Resolution to Strike Down Biden Job-Killing Regulation

    Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)

    U.S. President Donald J. Trump recently signed into law H.J. Res. 61, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to “National Emission Standards for Hazardous Air Pollutants: Rubber Tire Manufacturing.”

    This Congressional Review Act (CRA) resolution overturns the U.S. Environmental Protection Agency’s (EPA) Rubber Tire Manufacturing National Emissions Standards for Hazardous Air Pollutants (NESHAP) rule. Finalized November 29, 2024, at the conclusion of the Biden Administration, EPA could not even quantify whether public health would be protected and unreasonably requires rubber tire manufacturers to install regenerative thermal oxidizers (RTOs), which will cost American manufacturers millions and potentially lead to layoffs.

    U.S. Congressman Morgan Griffith (R-VA), who was the chief House sponsor of the CRA resolution, released the following statement:

    “I am pleased President Trump signed my Congressional Review Act resolution into law!

    “Americans are now officially protected from a last-minute Biden-Harris rule that would have needlessly harmed the tire manufacturing industry and raised prices for American consumers.”

    BACKGROUND

    Rep. Griffith introduced H.J. Res. 61 in the last week of February. Rep. Griffith introduced the CRA alongside U.S. Senators Tim Scott and Roger Wicker.

    On March 5, the U.S. House of Representatives passed H.J. Res. 61. Rep. Griffith spoke on the House floor defending the CRA.

    Following House passage, Rep. Griffith celebrated House passage with several House GOP leaders.

    On May 6, the U.S. Senate passed the measure.

    On March 12, the Trump EPA announced reconsideration of air rules regulating American energy, manufacturing and chemical sectors.

    The Biden EPA rule would negatively impact the Goodyear facility in Danville, Virginia. 

    Rep. Griffith recently defended several CRAs on the House floor seeking to overturn Biden EPA measures that facilitated unfair electric vehicle mandates and imposed stricter car emissions standards on the American people.

    ###

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI Global: Is Vladimir Putin’s indiscriminate bombing of Ukrainian civilians ‘crazy’? It’s more a sign of impatience

    Source: The Conversation – Global Perspectives – By Mark Edele, Hansen Professor in History and Deputy Dean, The University of Melbourne

    United States President Donald Trump was “not happy” with his Russian counterpart, Vladimir Putin, this week.

    For three consecutive nights, from Friday to Sunday, Russia launched about 900 drones and scores of missiles at Ukraine. At least 18 people were killed, including three children.

    “We’re in the middle of talking and he’s shooting rockets into Kyiv and other cities,” Trump told reporters on Sunday, after Putin ordered the largest air assault on Ukraine’s civilians in its three-year war.

    Following up on his remarks, Trump posted on social media that Putin had “gone absolutely CRAZY!”

    Putin is not crazy. He is a tactician with a long-term goal: to make Russia a great power again and secure his place in the history books as the re-builder of Russia’s imperial might.

    Trump announced after a phone call with Putin on May 19 that Russia and Ukraine would “immediately start negotiations” towards a ceasefire.

    With his latest air campaign on Ukraine, however, Putin is threatening to destroy the goodwill he’s built up in Washington, where Trump has been consistently soft on Russia and tough on his allies.

    So, what is Putin’s strategy? Why is he launching these massive air bombardments on Ukrainian civilians now?

    Putin sees weakness in the West

    One theory is these attacks are somehow preparations for a major offensive. That makes little sense.

    Attacking military facilities, weapons depots or even frontline troops are useful preparations for an impending attack. Indiscriminate bombing of civilians, meanwhile, is a sign of either desperation or impatience.

    Britain and the US bombed German cities during the second world war because they had no alternatives until they built up enough capacity to transport land forces across the sea to invade the continent.

    The US also sent bombers to Japan in the final stages of the war because the American public became tired of seeing their sons, husbands, brothers and fathers die on Pacific islands they had never heard of. The war had dragged on forever by this point, and there seemed no end in sight.

    Is Putin desperate or impatient? Likely the latter.

    From the perspective of the Kremlin, Russia’s strategic situation is as good as it has been for years.

    The US is trying to destroy itself through trade wars and boorish diplomacy. Trump clearly dislikes Ukrainian President Volodymyr Zelensky and hopes the war will somehow end if he just demands it.

    Europe is continuing to back Ukraine. However, for the time being, it still needs US support because its entire security structure is built around NATO and US strength, both economic and military.

    What Putin sees when he surveys the international scene is weakness. In his thinking, such weakness needs to be exploited – now is the time to hurt Ukraine as much as possible, and hope it will crack. Analysts call this a “cognitive warfare effort”.

    Indiscriminate air war on civilians is the only means Putin currently has to pressure Ukraine. His army has been advancing, but painfully slowly. There is no breakthrough in sight, even once the spring muds dry and the summer fighting season starts in earnest.

    Russia has gradually advanced in Ukraine throughout 2024, but with no perceivable change in the overall situation. Putin does not command precision weapons or super spies, which he could use to take out Ukraine’s leadership.

    All he can do is rain death on women, children and the elderly from relatively cheap, unsophisticated weapons, such as drones. He now has these in large supply, thanks to ramping up military production at home.

    Bombing campaigns do not end wars

    A strategic air war on civilians seldom works, however.

    Japan’s surrender in 1945 is an exception, but it is misleading in many ways. The Americans had flattened Japan’s cities for a while already, just not using their new atomic weapons. Japan had already lost the war and the real question was if there would be a bloody US invasion or surrender.

    And as the US dropped its two nuclear bombs in August of that year, the Red Army joined the fight, racing across Manchuria to help occupy Japanese territories.

    In Germany, the British-American bombings from 1942 onwards certainly had an effect on war production, as they killed workers and destroyed factories. But they did not incapacitate the German army and certainly did not break morale.

    Instead, the bombings led to embitterment and a closing of ranks around the regime. German society fought to the last moment. It did so not just despite, but because of the air war. The German army was eventually defeated by the ground troops of the Red Army, who took Berlin in an incredibly bloody fight.

    Other historical failures are even more spectacular. The US air force dropped 864,000 tons of bombs on North Vietnam during an air campaign of more than 300,000 sorties lasting from 1965 to late 1968. The North Vietnamese lost maybe 29,000 people (dead and wounded), more than half of them civilians. The Americans and their South Vietnamese allies still lost the war.

    Putin’s air war will likely follow the historical pattern: it has further embittered the Ukrainians, who know very well that what comes from the east is not liberation.

    Another summer of fighting lies ahead. Ukraine’s friends in the democratic world need to urgently redouble their efforts to support Ukraine. The misguided hopes that Putin would somehow “make a deal” lie under the rubble his drones leave behind in Ukraine’s cities.

    Mark Edele receives funding from the Australian Research Council.

    – ref. Is Vladimir Putin’s indiscriminate bombing of Ukrainian civilians ‘crazy’? It’s more a sign of impatience – https://theconversation.com/is-vladimir-putins-indiscriminate-bombing-of-ukrainian-civilians-crazy-its-more-a-sign-of-impatience-257630

    MIL OSI – Global Reports –

    May 29, 2025

  • MIL-OSI Africa: Concerns raised over social grant beneficiaries choosing bank accounts amid rising charges

    Source: South Africa News Agency

    The North West Legislature Portfolio Committee on Health and Social Development has expressed concerns regarding the increasing number of social grant beneficiaries opting to receive their payments through personal bank accounts. 

    The committee said this decision could diminish the value of their grants because of the associated bank charges.

    The issue was raised during a recent oversight meeting with the South African Social Security Agency (SASSA) and the Department of Social Development. 

    SASSA reported that 43 945 grant recipients have chosen to receive their payments directly into their bank accounts, instead of using the traditional SASSA gold cards or the newer Postbank black cards.

    The committee, chaired by Karabo Magagane, believed shifting to personal bank accounts may have unintended consequences.

    “These beneficiaries may not realise that they are losing money to transaction fees and service charges, funds that are meant to support their most basic needs,” she said.

    The meeting was convened to provide an update on the ongoing migration from SASSA gold cards to Postbank black cards. 

    This migration was initiated by the South African Reserve Bank (SARB) following a security breach that affected the previous card system.

    Beneficiaries were originally given a deadline of 31 May 2025 to transition to the new cards. However, that cut-off date has since been removed, allowing beneficiaries to continue applying for payments through either their bank accounts or Postbank black cards.

    “People were rushing to switch cards, some even under pressure. Now, they need clarity and reassurance that their current cards are still functional. You need to ensure that this is communicated widely,” said Magagane.

    The leaders expressed concerns about the limited availability of Postbank conversion sites in the province. 

    Currently, only 12 sites are operational across the North West.

    “Many of our elderly citizens live far from these centres and are not able to travel long distances just to access a card. This could be a driving factor behind the shift to personal bank accounts,” Magagane added. 

    Committee members expressed concern about the extra informal costs incurred by grant recipients. 

    This is after they discovered that spaza shops reportedly charge R10 for each withdrawal, which further decreases the funds that recipients receive.

    “This completely defeats the purpose of a social grant. A grant is supposed to alleviate poverty, not get eaten up by unnecessary charges,” said one committee member.

    In response to the challenges raised, the committee pledged continued engagement with SASSA and Postbank. 

    “We are committed to ensuring that no beneficiary is left behind. We will push for ongoing awareness campaigns, improved accessibility, and sustained outreach efforts so that every grant recipient understands their options and the implications of each,” Magagane added. 

    The committee is scheduled to reconvene in a few weeks to review implementation plans and assess progress on these critical issues. – SAnews.gov.za

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Western Cape launches Computerised Learner’s Licence Testing System

    Source: South Africa News Agency

    The Western Cape Government marked a significant milestone in its commitment to safer roads and smarter service delivery with the official launch of the Computerised Learner’s Licence Testing (CLLT) system.

    “If we are to grow our economy and create more jobs, we need to ensure that our residents have the skills that they need to participate in the economy, and a driver’s licence is a critical requirement for many jobs, so we must make getting a driver’s licence as easy as possible for all our residents,” said Western Cape Mobility MEC Isaac Sileku.

    The event took place at the Beaufort West Driving Licence Testing Centre on Monday and showcased a live demonstration of a state-of-the-art digital testing system that replaces the traditional manual booklet method.

    This innovation is set to transform the learner’s licence testing process across the Western Cape.

    “This digital shift is a big step toward safer roads and a stronger economy. By improving driver skills through fair and efficient testing, we’re also boosting employability, supporting the Western Cape’s Growth for Jobs Strategy,” said the MEC.

    The new system is being rolled out in partnership with the Road Traffic Management Corporation (RTMC) and ultimately aims to improve the quality of drivers on Western Cape roads.

    Benefits include promoting safer and more responsible driving through standardised testing, reducing opportunities for corruption, supporting hearing-impaired applicants with on-screen multilingual instructions to eliminate the need for an interpreter, and delivering faster and more accurate results through instant digital processing.

    “This is not just a technological upgrade – it’s a values-driven transformation. The system ensures that every applicant, regardless of ability, is treated with fairness and dignity,” added Sileku.

    The testing terminals, each secured with fingerprint verification, connect directly to the National Traffic Information System (NaTIS) and generate randomised test questions. 

    Results are automatically verified and securely processed, significantly improving both accuracy and data integrity.
    The CLLT classroom includes fully networked workstations, touch-screen kiosks, and a 6kVA uninterrupted power supply (UPS) to maintain continuity in the event of electricity outages. 

    All provincial driving licence testing centres outside of the metro have been equipped with the new CLLT system, with the Western Cape Mobility Department currently engaging the City of Cape Town regarding its roll-out of the new system.

    Residents can make appointments for learner’s licence testing at their local Driving Licence Testing Centre and prepare for their tests using free downloadable study guides for road signs, vehicle controls and the rules of the road via www.natis.gov.za.

    The provincial government remains committed to building a safe and accessible transport environment that supports a thriving economy.– SAnews.gov.za

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Major progress in addressing Emfuleni water and sanitation challenges

    Source: South Africa News Agency

    The Emfuleni Local Municipality is making substantial strides in resolving its long-standing water and sanitation challenges, following decisive intervention by the Department of Water and Sanitation.

    The Vaal River System and surrounding communities have for years suffered from the persistent problem of severe sewage pollution and spillages.

    Despite several interventions by the Ekurhuleni Water Care Company (ERWAT) and the South African National Defence Force, the problem persisted.

    In response, the Department of Water and Sanitation invoked Section 63 of the Water Services Act in 2021, and appointed Rand Water as its implementing agent, to address the situation.

    According to the department, the intervention has already achieved significant milestones. These include unblocking and replacing collapsed sewer lines; refurbishment of pumpstations and existing wastewater treatment works; and assisting the municipality with essential operational tools of trade, including vehicles, and security.

    The department said the remaining work is now on upgrading the capacity of existing Waste Water Treatment Works (WWTW), which are currently struggling to handle the increased amount of sewage due to population growth over the recent decades.

    The department attributed the progress to strong intergovernmental relations, including Gauteng Provincial Government, Rand Water and Emfuleni Local Municipality.

    The total estimated cost of the intervention is R7.6 billion over a seven-year period, including completion of the major capital works.

    The department highlighted that the scope of work will include the upgrades of four WWTW, which will require 3-5 years to complete, based on the engineer’s estimation of the work.

    The scope of work includes upgrading four wastewater treatment facilities, Rietspruit, Leeukuil, Sebokeng, and Meyerton, an effort estimated to take three to five years to complete.

    Rand Water has been assisting the municipality through staff training and procurement of vehicles and equipment to carry out maintenance work, among others.

    The refurbishment of four pump stations has also been completed and are now fully functional. The replacement of 50 collapsed sewer lines have also been completed.

    “As part of this work, two major projects were completed to replace and upgrade the main sewer pipeline from Rothdene pump station to Meyerton Waste Water Treatment Works, as well to replace the main sewer pipeline from pumpstation eight to pumpstation two.

    “In addition, a third project to replace the rising main sewer pipeline from pumpstation two to Leeukruil Waste Water Treatment Works, is 90% complete. Due to these interventions, the incidents of sewage spillages into the community in Emfuleni have reduced markedly,” the department said.

    According to the department, this has resulted in an improvement in the quality of the effluent from the Waste Water Treatment Works into the Vaal River.

    However, the department noted that this improvement is limited by the fact that the existing WWTW remain overloaded, and the problem will only be fully addressed, once the capacity of the treatment works is upgraded.

    The department said it is hard at work to increase the capacity of waste water treatment works, noting that the capacity of Sebokeng Waste Water Treatment Works has been increased by 50 ML per day to 150 ML per day.

    Designs have been completed for a further 50 ML upgrade of Sebokeng Waste Water Treatment Works.

    “Designs for the Rietspruit Waste Water Treatment Works (current capacity 36 ML per day), have been completed to increase the capacity of the WWTW by 50 ML/day. The contractor is currently on-site, [and] designs have been completed to increase the capacity of the Leeukuil Waste Water Treatment Works by 15 ML/day from the current capacity of 36 ML per day,” the department said, adding that work is expected to start anytime.”

    Work is still underway to increase the current capacity of the Meyerton Waste Water Treatment Works, from 10ML per day to 25 ML/day.

    As part of our overall intervention, a Special Purpose Vehicle (SPV) is being established to serve as a dedicated Water Service Provider (WSP) In the municipality.

    The establishment of the SPV aims to create a professionally managed, dedicated utility with full responsibility and accountability for the provision of water and sanitation services in Emfuleni.

    Discussions between the department, Emfuleni Local Municipality and Rand Water, are currently underway with National Treasury to obtain the necessary Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA) approvals for its establishment.

    “The department is satisfied that these interventions are delivering the desired results. We can boldly state, without any fear of contradiction, that, as a result of Minister’s decisive intervention, incidents of sewage spillages into the community in Emfuleni have been drastically reduced.

    “Ongoing upgrading of the capacity of Waste Water Treatment Works is necessary to ensure that the problem is completely eliminated. The department will continue to fund Rand Water to complete the upgrades of the three Waste Water Treatment Works,” the department said.

    To maintain momentum, the department believes that focused attention and energy must be directed towards fighting vandalism and theft of infrastructure and addressing the scourge of non-revenue water.

    The department also acknowledged the positive role that communities and other sectors, through the political steering committee, continue to play as we intensify efforts to address the water and sewage challenges in the area. – SAnews.gov.za
     

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Tackling human trafficking

    Source: South Africa News Agency

    Gone are the days when human trafficking felt like an obscure crime that occurs under the cover of night in far off places we have never heard of. 

    Every so often we hear of suspected human trafficking cases, and it is likely that you and I could have already interacted with a trafficked person(s) without even knowing it.

    This as police rescued 44 illegal immigrants who were found locked in a house in Gauteng’s Parkmore suburb recently.

    It was also reported in March that over 30 Ethiopian nationals were able to escape from a house in Johannesburg’s Lombardy East. In that case, it is suspected that the 30 were victims of a human trafficking syndicate.

    In January, over 20 Ethiopians were rescued from a house in Johannesburg. The rescue followed a similar one in August 2024 where 82 Ethiopians were also found at a house in Johannesburg.

    Additionally, human trafficking does not only take place on home soil. In March, the Department of International Relations and Cooperation (DIRCO) confirmed that 23 South Africans who were part of a group of 7000 people from various countries, were rescued from Myanmar.

    Before leaving South African shores in 2024, the men and women were lured by an employment agency to Thailand under the pretences of lucrative jobs that were advertised on various social media platforms.
    According to DIRCO, the adverts promised the victims good salaries, free accommodation, comprehensive travel expenses, and other lucrative benefits. However, once in Thailand, they were transported to Myanmar against their will.

    They were held captive for more than four months in a cybercrime compound in Myanmar, which borders Thailand. 

    “The crime of human trafficking is a hidden one. It is a very different one in the sense that you are given promises of a better life through whatever means elsewhere. You wilfully participate in those engagements without knowing that as soon as you arrive at your destination, what you have been promised is no longer there,” said Deputy Director-General (DDG) Lucky Mohalaba.

    Mohalaba is the DDG for Court Administration at the Department of Justice and Constitutional Development (DOJ&CD).

    “The courts are currently dealing with those matters [of human trafficking] and it ranges from sexual exploitation to forced labour,” he said in an interview with SAnews.

    Legislation

    He added that there are other forms of crimes in relation to the “Trafficking in Persons Act which may include harbouring, transporting [and] assisting in whatever form that those who have been trafficked are able to be moved around within our borders.”

    This as the objects of South Africa’s Prevention and Combating of Trafficking in Persons Act 2013, among others, are to give effect to the country’s obligations concerning the trafficking of persons in terms of international agreements and to provide for the prevention of trafficking in persons and for the protection of and assistance to victims of trafficking, among others.

    According to the legislation, any person who delivers, recruits, transports, transfers, harbours, sells, exchanges, leases or receives another person within or across the borders of the Republic, by means of the threat of harm, abduction and kidnapping among others, for the purpose of any form or manner of exploitation, is guilty of the offence of trafficking in persons.

    It also states that any person who adopts a child, facilitated or secured through legal or illegal means; or concludes a forced marriage with another person, within or across the borders of the Republic, for exploitation purposes of that child or other person in any form, is guilty of an offence.

    A person convicted of an offence of trafficking (by delivering, recruiting, transporting transferring harbouring and selling among others another person by means of a threat of harm, fraud and kidnapping among others, is liable to a fine not exceeding R100 million or imprisonment, including imprisonment for life, or such imprisonment without the option of a fine or both.

    According to the National Prosecuting Agency, the passing of the trafficking legislation is a result of South Africa’s ratification of the Protocol to Prevent, Suppress and Punish Trafficking in Persons, especially women and children.

    Additionally, the United Nations Office of Drugs and Crime (UNODC) said the protocol -which was adopted by the United Nations in November 2000 – is the world’s primary legal instrument to combat human trafficking.

    Mohalaba stressed that government is tackling human trafficking.

    “What we can say to the public is that government is doing quite a lot of work in relation to this matter. But working together with civil society as well as communities, as a department we are of the view that we can do a lot to further curb instances and the incidence of trafficking in persons in South Africa,” he said from his office at the DOJ&CD.

    Increased effort 

    There is tangible evidence that the work government is doing in this area is paying off with the county having moved to a better spot on the United States of America’s (USA) annual Trafficking in Persons (TIP) Report.

    In 2024, South Africa moved from Tier 2 Watch List of the report to Tier 2. 

    Released in June last year, the report, which is available on the US Department of State website among others, notes that while South Africa does not “fully meet the minimum standards for the elimination of trafficking… [it] is making significant efforts to do so.”

    “The government demonstrated overall increasing efforts compared with the previous reporting period; therefore South Africa was upgraded to Tier 2. These efforts included increasing prosecutions of traffickers; identifying and referring more trafficking victims to protection services; and increasing the number of shelters available to assist trafficking victims,” the report stated.

    It also took note of government’s National Inter-Ministerial Committee for Trafficking in Persons (NICTIP) to strengthen anti-trafficking efforts which included the Border Management Authority, the Anti-Money Laundering Integrated Task Team and the Financial Intelligence Center.

    He said that work done includes ensuring that there is domestic legislation in place that deals with trafficking in persons and that the country has in place mechanisms to identify, assess victims or suspected victims of trafficking and ensuring that there are shelters to accommodate victims while court processes continue.

    “As a result of our responses, we moved to Tier 2 as these are some of the issues the country has addressed. Of course, our aim is to ensure that we move a level higher up which will include putting more effort into ensuring that there’s appropriate training for officials that are dealing with these matters.  We are working on this,” he explained.

    According to the TIP, the placement of countries into various tiers is not based on the size of a country’s problem “but on the extent of government efforts to meet the Trafficking Victims Protection Act’s (TVPA) minimum standards for the elimination of human trafficking.”

    These standards include the prohibition of severe forms of trafficking in person and punishing acts of such trafficking.
    Tier 2 Watch List countries are those whose governments don’t fully meet the TVPA’s minimum standards but are making moves to “bring themselves into compliance” with the standards.

    Tier 2 countries are those whose governments do not fully meet the minimum standards but are making significant efforts to bring themselves into compliance. Additionally, Tier 1 countries are those in which governments fully meet the minimum standards for the elimination of trafficking.

    The TIP also has Tier 3 countries whereby governments do not fully meet the minimum standards and are not making significant efforts to do so.

    Mohalaba added that the NICTIP which the department and the NPA are co-chairing, is “seized with coordinating a lot of efforts around the trafficking in persons across the country.”

    “It also includes NGOs [non-government organisations] who take part in the discussions so that all of us working together are able to move our country forward and prevent this scourge in trafficking of persons.”

    The report however flagged several issues including that law enforcement did not have the capacity and training to refer victims of trafficking to care and that victim services remained insufficient among others.

    The report states that over “180 countries have ratified or acceded to the United Nations (UN) Protocol to Prevent, Suppress and Punish Trafficking in Persons (the UN TIP Protocol), which defines trafficking in persons and contains obligations to prevent and combat the crime.”

    Collaboration 

    South Africa’s Parliament passed the Prevention and Combating of Trafficking in Persons, 2013 Act which came into operation in August 2015.

    “Again, we must appreciate the collaboration amongst the law enforcement agencies and particularly communities and civil society to ensure that these serious matters are addressed.

    The act requires the DOJ&CD to develop the draft National and Policy Framework (NPF) which also requires the Minister of Justice to table the approved NPF in Parliament within one year after the commencement of the Act.

    Added to that, the NFP is to be reviewed within three years after its publication in the government gazette and at least once every five years thereafter. The first NPF was approved by the Justice Crime Prevention and Security (JCPS) cluster in 2019 with the revised one having been approved by Cabinet in August 2023. It was tabled in Parliament in February 2024.

    The framework comprises four pillars – namely: prevention, protection, prosecution and partnerships.

    “Trafficking is an international crime, and States have been encouraged to put in laws that deal with this. We are using the NFP to compliment the legislation working together with civil society to make sure that we combat and deal with issues of trafficking in persons,” said the DDG.

    The NPF states that trafficking in persons is a “serious crime and a grave violation of human rights posing a serious challenge to communities and to society at large.”

    In the document, government states that it is committed to preventing trafficking, as well as to assist and protect victims and to prosecute perpetrators.

    “People go to great lengths to ensure that when people are trafficked, that it falls within the ambit of organised crime. We really want to appeal to the public that we should be vigilant when we see instances of people being trafficked in our villages, townships, in towns or any other areas we see the potential of people being trafficked,” said the DDG.

    He added that the review of the policy framework will be made in 2027.

    “As a country, we remain resolute in working with whichever country across the globe to ensure that the issues of trafficking in persons are actually made a priority across the world.” –SAnews.gov.za

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Government saddened by passing of Darren Scott

    Source: South Africa News Agency

    Government has extended its deepest condolences to the family, friends and colleagues of veteran broadcaster Darren Scott, who has passed away after a long and courageous battle with cancer. 

    Scott was diagnosed with stage 4 malignant melanoma, a battle he fought for many years.

    The Hot 102.7FM presenter was a household name whose voice and presence shaped South African radio for over four decades. 

    In a statement on Wednesday, Government Communication and Information System Acting Director- General Nomonde Mnukwa said Scott’s legacy as a broadcaster and passionate storyteller will forever be remembered.

    “His talent and versatility earned him over 30 Liberty Radio Award nominations and 14 wins, including multiple Best Breakfast Presenter accolades. 

    “His legacy as a broadcaster and passionate storyteller will forever be remembered. May his soul rest in peace,” Mnukwa said. 

    On Tuesday, Hot 102.7FM said he was a beloved voice on the airwaves who had showed grit, humour and determination in dealing with his illness.

    The station said he will be remembered for his passion for radio, wit, creativity and charitable work.

    Scott marked 40 years in radio last year and was inducted into the Radio Awards Hall of Fame, which Hot 102.7FM said was a fitting honour for a man who gave everything to the medium he loved.

    The station added that Scott was many things: a gifted communicator, a music lover, a sports encyclopaedia, a deeply spiritual soul, and a loyal friend. But above all, he was radio. 

    Over the course of four decades, he made his mark at some of the country’s most recognisable stations from Radio Bop and 5FM to Jacaranda, East Coast Radio, and eventually HOT 102.7FM, where his voice became a cornerstone of the brand. – SAnews.gov.za

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Deputy Minister sends condolences on the passing of Chweneyagae

    Source: South Africa News Agency

    Wednesday, May 28, 2025

    Deputy Minister in the Presidency Kenny Morolong has expressed deep sorrow following the passing of acclaimed actor Presley Chweneyagae.

    “It is with great sadness that I have learned of the untimely passing of Presley Chweneyagae. ‘Tobetsa’ as he was affectionately known by his friends, is one of South Africa’s most celebrated actors and a cultural icon whose artistry brought our nation global acclaim,” Morolong said.

    Presley rose to prominence through his unforgettable performance in the Oscar-winning film Tsotsi, a role that not only captivated international audiences but also shone a spotlight on the depth of South African talent. 

    His contribution to the performing arts extended far beyond the silver screen. He was a passionate storyteller, a champion for youth development and a dedicated patriot who used his craft to reflect the lived realities of many South Africans.

    His death is a profound loss to the creative sector and to the entire country. His legacy must inspire us to continue investing in creative industries as a catalyst for social change and economic empowerment.

    “On behalf of the communications fraternity, I extend my deepest condolences to his family, friends, colleagues and fans. May they find comfort in the knowledge that his light will continue to shine through the stories he told and the lives he touched,” Morolong said. – SAnews.gov.za

    Share this post:

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI Africa: Rand Water conducts major maintenance work

    Source: South Africa News Agency

    Rand Water is scheduled to conduct major maintenance work on its key infrastructure starting Thursday, 29 May 2025. 

    In a statement issued on Tuesday, Rand water said the maintenance is part of its commitment to ensuring a sustainable and efficient water supply.

    “The objective of this planned maintenance is to increase capacity and enhance plant availability, reliability, and operational efficiency, supporting a more resilient and adaptable water supply network in preparation of the anticipated increased supply volumes from August 2025,” Rand Water said.

    The entity said the maintenance activities will commence at different times and locations across various municipalities, with the main maintenance operation scheduled to start on Thursday at 3am, and anticipated to be concluded on Monday, 2 June, at 5pm.

    Rand Water reported that during this period, pumping capacity will be reduced at the Eikenhof, Palmiet, Mapleton, and Zwartkopjes systems. 

    Areas within the cities of Johannesburg, Ekurhuleni, and Tshwane may experience low pressure or intermittent water supply. 

    “The maintenance may also impact water provision to the local municipalities of Rand West, Mogale City, Merafong, Madibeng, Lesedi, Govan Mbeki, Rustenburg, Royal Bafokeng Administration, and Victor Khanye, Thembisile Hani, Midvaal and Emfuleni. The maintenance work has been strategically scheduled during the low consumption months of May to July 2025, to minimise disruptions and better manage the potential impact on water supply,” the entity said.

    The scope of work and associated impacts are outlined below:

    City of Ekurhuleni Metropolitan Municipality

    Description

    Affected system

    Planned date

    Planned duration

       Impact on supply

    Tie-in of B16 

    pipeline from 

    Zuikerbosch, 

    Station 5

    Mapleton System

    From 29 May at 

    03h00 to 02 June 

    2025 at 17h00

    107 hours

    No pumping at Mapleton Pumping 

    Station for the whole duration.

    Klipriviersberg 

    isolation for 

    cleaning & inspection

    Palmiet System

    From 03 June 

    2025 at 06h00 to 

    16h00

    10 hours

    Pumping will be reduced to 67% 

    for 10 hours.

    Russel Road 

    meter installation

    Palmiet System

    03 June 2025 

    from 06h00 to 

    18h00

    12 hours

    No supply to the following meters: 

    Southern Areas, 

    Barlow Road

    Zwartkopjes 

    Station valves 

    replacements

    Zwartkopjes 

    System

    From 30 June at 

    05h00 to 02 July 

    2025 at 07h00

    50 hours

    No pumping for the duration of the 

    maintenance work.

    The key objective for the major work is to connect the newly constructed B16 pipeline, which will be supplying water from the new Station 5A at Zuikerbosch Water Treatment Plant to Engine Room 3 at Mapleton Booster Pumping Station. 

    The City of Ekurhuleni will also take an opportunity to carry out their maintenance in their electrical infrastructure.

    City of Tshwane Metropolitan Municipality

    Description

    Affected system

    Planned date

    Planned duration

    Impact on supply

    Tie-in of B16 

    pipeline from 

    Zuikerbosch, 

    Station 5

    Mapleton System

    From 29 May at 

    03h00 to 02 June 

    2025 at 17h00

    107 hours

    No pumping at Mapleton Pumping 

    Station for the whole duration.

    Klipriviersberg 

    isolation for 

    cleaning & 

    inspection

    Palmiet System

    From 03 June 

    2025 at 06h00 to 

    16h00

    10 hours

    Pumping will be reduced to 67% 

    for 10 hours.

    The above-mentioned work will affect the City of Tshwane meters that are supplied from the above[1]mentioned systems.

    City of Johannesburg Metropolitan Municipality

    Description

    Affected system

     Planned date

    Planned duration

    Impact on supply

    Klipriviersberg 

    isolation for 

    cleaning & 

    inspection

    Palmiet 

    System

    03 June 2025 from 

    06h00 to 16h00

    10 hours

    Pumping will be reduced to 67% 

    for 10 hours.

    Pipe leak 

    repairs at 

    Zuikerbosch 

    Plan

    Eikenhof 

    System

     

    48 hours

    No pumping for 6 hours. It will be 

    increased to 50% for 42 hours and 

    then be increased 80% for the 

    remaining 19 days.

    Cleaning of 

    Sedimentation 

    Tank at 

    Vereeniging 

    Plant

    Eikenhof 

    System

    30 June 2025 from 

    05h00 to 21 July 

    2025

    21 hours

    No pumping for 6 hours. It will be 

    increased to 50% for 42 hours and 

    then be increased 80% for the 

    remaining 19 days.

    Zwartkopjes 

    Station valves 

    replacements

    Zwartkopjes 

    System

    30 June from 05h00 

    to 02 July 2025 until 

    07h00

    50 hours

    No pumping for the duration of the 

    maintenance work.

    The above-mentioned work will affect the City of Johannesburg meters that are supplied from the above1] mentioned systems.

    Description

    Affected system

    Planned date 

    Planned duration

    Impact on supply

    Pipe leak repairs at 

    Zuikerbosch Plant

    Eikenhof System

    30 June 2025 

    from 05h00 to 

    02 July 2025 

    at 05h00.

    48 hours

    No pumping for 6 hours. It 

    will be increased to 50% for 

    42 hours and then be 

    increased 80% for the 

    remaining 19 days.

    Cleaning of 

    Sedimentation 

    Tank at 

    Vereeniging Plant

    Eikenhof System

     

    30 June 2025 

    from 05h00 to 

    21 July 2025

     

    21 days

    No pumping for 6 hours. It 

    will be increased to 50% for 

    42 hours and then be 

    increased 80% for the 

    remaining 19 days.

    The above-mentioned work will affect the Mogale, Merafong, Royal Bafokeng and Rand West meters that are supplied from the Eikenhof system.

    For more information on the affected areas, visit Rand Water website:

    https://www.randwater.co.za/media/media_statements/Rand%20Water%20Planned%20Maintenance%20for%20May%20to%20July%202025%20%2022%20May%202025%20_.pdf

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI USA: Armstrong pays tribute to nation’s military heroes on Memorial Day

    Source: US State of North Dakota

    Gov. Kelly Armstrong released the following statement today in observance of Memorial Day. Armstrong paid tribute to the nation’s military heroes at the Memorial Day ceremony at the North Dakota Veterans Cemetery near Mandan.

    “Because of these selfless men and women, we live in the greatest country on Earth. And we must never take for granted the freedoms we enjoy – or forget those who died to protect them,” Armstrong said. “While today is a day for remembrance, it’s also a day for commitment. We can live our lives in a way that honors the memories of those who made the ultimate sacrifice. To be a worthy nation, we must be worthy of their service – to continue to support and care for those who have served, making sure that they and their families have the resources they need to live healthy, fulfilling lives.”

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI: Charli Capital Revolutionizes Private Equity Investing with Smart Deal Finder, Offers Access to Over 2 Million Private and Public Companies

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — Charli Capital, the force behind the proprietary Multidimensional AI™, is excited to unveil its latest breakthrough: Smart Deal Finder—a game-changing tool designed to reshape how investors, analysts, and financial leaders identify and evaluate opportunities across public and private markets. From venture capitalists to CFOs and CEOs, Smart Deal Finder delivers powerful insights not only to guide investment decisions but also to benchmark performance, track market sentiment, and understand how companies stack up against competitors in real time.

    Smart Deal Finder introduces a frictionless, intelligent experience for surfacing investment-grade companies—without the need for complex filters, tedious prompts, or keyword gymnastics. With a single, intuitive query, users can instantly identify businesses that align with their investment strategies, accessing detailed insights that have traditionally been out of reach.

    “We’re simplifying the future of deal discovery,” said Kevin Collins, CEO of Charli Capital. “With Smart Deal Finder, users get a data-rich, analyst-quality experience—without needing a team of researchers. This is about empowering every investor to discover the overlooked, the emerging, and the exceptional—with speed and confidence.”

    What Makes Smart Deal Finder a Game-Changer?

    Charli’s signature interface now offers a “Shopify-like” marketplace for investments, where investors can explore and purchase detailed scorecards and deep-dive reports in seconds. It’s all powered by the trusted depth of Charli’s Multidimensional AI™, known for its unmatched accuracy across more than 2 million companies.

    Built for Everyone—from Private Investors to Institutional Analysts to C-Suite Executives

    • Instant Access, No Commitment
      Explore high-potential deals with no subscription required. Simply log in, search, and evaluate—when and how you want.
    • Actionable, Qualified Deal Flow
      Gain access to real-time insights across 2 M+ companies—including financials, sentiment analysis, and investment-grade indicators to validate every opportunity.
    • Ask. Discover. Invest.
      Use natural language to find exactly what you’re looking for. Charli interprets your investment goals and uncovers deals that match—no technical filters required.
    • Built for How You Work
      From desktop to mobile, the experience is fast, interactive, and built for decision-making. Add companies to watchlists, purchase insights, and download reports—all in a few clicks.
    • Enterprise-Ready Intelligence
      For enterprise clients, Smart Deal Finder integrates directly into your internal platforms, giving teams and clients the power of Charli’s investment intelligence under your own brand.

    A New Era for Investment Discovery

    Whether you’re looking to spot rising stars in emerging markets or validate targets across fragmented private equity landscapes, Smart Deal Finder removes the guesswork and delivers clarity. It’s investment intelligence—on demand.

    Try the Smart Deal Finder today by visiting www.charliai.com

    About Charli Capital
    Charli Capital is redefining the future of private investing with a first-of-its-kind dual-sided network, powered by Charli’s multidimensional AI. Our platform empowers investors to uncover hidden opportunities, access high-quality deal flow, and engage in a new era of data-driven, intelligent capital allocation. Charli Capital is where next-generation investment decisions begin.

    For media inquiries, please contact:

    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Gevo to Sell Luverne, Minnesota Ethanol Facility to A.E. Innovation; Will Retain Isobutanol Assets for Future Innovation

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., May 28, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that it has entered into a definitive agreement to sell Agri-Energy, LLC (“Agri”), a wholly owned subsidiary of Gevo, to A.E. Innovation, LLC (“A.E.”) for $7 million. The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility located in Luverne, Minnesota. Gevo will retain ownership of certain isobutanol-production-related assets and a portion of the vacant land at the site for future use. With these retained assets, Gevo could potentially produce up to 1 million gallons per year of isobutanol, which can be sold as a specialty chemical, or converted into isooctane and jet fuel.

    A.E., an agriculture-oriented buyer group located in Minnesota, will acquire the ethanol plant and a portion of the land with the intent to restart ethanol production, which has been idled since 2022. A.E. also intends to make the site available for other companies to scale up new technologies and ideas as an innovation hub.

    “We’re seeing rapid innovation in the direction of bio-based fuels and chemicals and Agri-Energy has the demonstrated history that it can work on the cutting edge,” says Dave Kolsrud, principal of A.E. Innovation, LLC. “We see Gevo and others making strides and we know we’ll be a part of that. We are excited to host the next generation of biofuel innovations that need a friendly, practical place where they can scale them up. That’s Luverne, with its history of innovation, its low-carbon corn supply, wind power, and great people.”

    Over the last several years, the Luverne plant, in conjunction with local farmers, has been used as a demonstration site for educating Gevo’s stakeholders about regenerative agriculture and the versatility of corn and its co-products, as well as biofuel production, including synthetic aviation fuel (“SAF”), isobutanol, and ethanol. Gevo and A.E. look forward to continuing and expanding upon this valuable stakeholder outreach.

    “We see tremendous potential for future growth and new partnerships with A.E. Innovation,” says Patrick Gruber, CEO of Gevo. “Minnesota’s farming communities, especially in places like Luverne, are leading the way with smart, sustainable agricultural practices. We believe it’s the perfect foundation for building innovative solutions in carbohydrate-based energy and chemicals that the world urgently needs.”

    Gevo notes that the sale of Agri-Energy to A.E. Innovation provides $2 million of cash upon closing and an additional $5 million of future cash under the purchase agreement, along with an estimated annual savings of approximately $3 million per year of current facility idling costs. Gevo also anticipates potential future benefits from isobutanol fermentation through a side-by-side operational model with the ethanol assets. Restarting ethanol production is expected to bring positive impacts to the City of Luverne, including support for local farmers and strengthening the regional economy.

    The transaction is expected to close by the end of 2025, subject to the procurement of financing by A.E. and the satisfaction of other customary closing conditions.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. Gevo also operates an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About A.E. Innovation, LLC
    A.E. Innovation, LLC, is an agriculture-oriented buyer group located in Minnesota founded to purchase the ethanol-production assets of Agri-Energy, LLC, with the intent of operating the plant as an innovation facility providing companies with the opportunity to certify that new technologies can transition from laboratory or bench-top status to full production-level performance using locally sourced, regeneratively grown corn as a feedstock. For more information regarding innovation opportunities at the Luverne, MN facility, contact David Kolsrud (507-920-5348) email: david@dakrenewableenergy.com or Dan Heard (605-929-2047) email: dan@dakrenewableenergy.com.

    Forward Looking Statements
    This release contains “forward-looking statements” within the meaning of the federal securities laws. All statements other than statements of historical fact are forward-looking statements, including statements related to the expected closing of the acquisition or the timing thereof, and future plans for the assets. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable. We claim the protection of The Private Securities Litigation Reform Act of 1995 for all forward-looking statements in this release.

    These forward-looking statements are identified by the use of terms and phrases such as “anticipate,” “assume,” “believe,” “estimate,” “expect,” “goal,” “intend,” “plan,” “potential,” “predict,” “project,” “target” and similar terms and phrases or future or conditional verbs such as “could,” “may,” “should,” “will,” and “would.” However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions and other expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

    Important factors that could cause actual results or events to differ materially from our expectations, or cautionary statements, include among others, failure to satisfy any conditions to the closing of the transaction in a timely manner or at all; the occurrence of any event that could give rise to termination of the definitive agreement, including the inability to obtain financing; changes in legislation or government regulations affecting the proposed transaction or the parties; and other risk factors or uncertainties identified from time to time in Gevo’s filings with the US Securities and Exchange Commission (“SEC”). All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements identified above and in the section entitled “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other cautionary statements that are made from time to time in our other SEC filings and public communications. You should evaluate all forward-looking statements made in this release in the context of these risks and uncertainties.

    We caution you that the important factors referenced above may not reflect all of the factors that could cause actual results or events to differ from our expectations. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our operations in the way we expect. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Finance & Strategy
    IR@Gevo.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: AI-Powered Defense at the Edge: Check Point Launches New Branch Office Security Gateways with 4x Faster Threat Prevention Performance

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., May 28, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced major advancements to its family of Quantum Force Security Gateways. All Quantum Force Security Gateways for the data center and perimeter are receiving a 15%-25% performance boost in threat prevention throughput – delivered automatically via software update. In parallel, Check Point is launching a new lineup of AI-powered Quantum Force Branch Office Security Gateways designed to provide enterprise-level firewall security with up to a 4x increase in threat prevention performance from previous models.

    These four new branch firewalls deliver industry-leading 99.9% block rate, lightning-fast cloud application performance, and are optimized for SD-WAN to meet the growing demands of hybrid networks and the modern distributed workforce. According to the latest data from Check Point Research (CPR), branch offices are now facing an average of 713 weekly attack attempts per location, a 36% rise from the same period last year. Additionally, 50% of branch offices encounter attempts to exploit vulnerabilities from external sources, highlighting the urgent requirement for robust branch security and scalable management in the AI era.

    “As we continue to prioritize innovation and efficiency, Check Point’s new Quantum Force Branch Office Security Gateway firewalls are built for speed, simplicity, and security,” said Nataly Kremer, Chief Product Officer at Check Point. “They’re 4x faster than previous models, optimized for SD-WAN, and backed by our latest AI-powered threat prevention. And with automatic performance upgrades, existing Quantum Force customers will receive a 15-25% performance boost with a software update — no hardware changes required.”

    Today’s branch offices play a crucial role in engaging directly with customers but often represent the most vulnerable point in network security. Their direct links to the public cloud and the internet make them more susceptible to cyber threats. With the current threat environment and a staggering 44% rise in cyber-attacks year over year, as highlighted in CPR’s 2025 Security Report, there is a significant need to implement strong enterprise firewalls that can effectively defend against online threats without impacting network performance by causing delays or disruptions.

    “World Wide Technology (WWT) provides security products and services to customers across a variety of industries including financial services, manufacturing, retail and healthcare with distributed branch offices,” said Chris Konrad, Vice President of Global Cyber at WWT. “Check Point’s new next-generation Quantum Force Branch Office Security Gateways with enhanced AI powered threat prevention, empower us to protect these customers from the latest attacks on branch offices. These innovations help our clients reduce risk, streamline operations, and scale securely across hybrid environments — turning cyber resilience into a competitive advantage.”

    Check Point’s Quantum Force Branch Office Security Gateways capabilities include:

    • Industry-leading threat prevention: A 4x boost in threat prevention throughput with a tried and tested industry leading 99.9% block rate based on Miercom’s 2025 security benchmark report.
    • Optimized for Cloud Applications: Lightning-fast security performance for SaaS apps by optimizing for SD-WAN, expanding network connectivity up to 10X to 10 GbE, and increasing port capacity 2X.
    • Unified Management: Top rated unified security management for enterprise, campus, branch, and cloud environments along with zero-trust policy across the entire enterprise.

    “Branch offices are often the soft spots in enterprise security, providing vulnerable entry-points for attacks and compromising the security posture across the enterprise,” said Pete Finalle, Security Research Manager, at IDC. “Check Point’s new Quantum Branch Office Security Gateways deliver robust threat prevention to the edge, enabling organizations to secure their branch offices from emerging cyber threats while keeping pace with the demands of the hybrid workforce.”

    Availability
    The four new Check Point Quantum Force Branch Office Security Gateways are available now through our network of global partners. For more details about Check Point Quantum Force, visit our website or check out our blog.

    Follow Check Point via:
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
    X: https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com
    YouTube: https://www.youtube.com/user/CPGlobal

    About Check Point Software Technologies Ltd. 

    Check Point Software Technologies Ltd. (checkpoint.com) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    Legal Notice Regarding Forward-Looking Statements  
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Correction: NBPE – April Monthly Net Asset Value Estimate

    Source: GlobeNewswire (MIL-OSI)

    HEADLINE ALTERATION

    The headline for NB Private Equity Partners announcement released on 28/05/2025 at 07.00 am should read – NBPE – April Monthly Net Assety Value Estimate

    The announcement text is unchanged and is reproduced in full below.

    NBPE Announces April Monthly NAV Estimate

    St Peter Port, Guernsey 28 May 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 April 2025 monthly NAV estimate.

    NAV Highlights (30 April 2025)

    • NAV per share was $27.29 (£20.43), a total return of 0.4% in the month
    • Approximately 62% of fair value based on private company valuation information as of Q1 2025 or based on 30 April 2025 quoted prices
    • Based on information received so far, private company valuations increased fair value by 0.4% during Q1 2025 on a constant currency basis
    • NBPE expects to receive additional updated Q1 2025 financial information which will be incorporated in future monthly NAV updates
    • $307 million of available liquidity at 30 April 2025
    • ~151k shares repurchased during April 2025 at a weighted average discount of 33% which were accretive to NAV by ~$0.02 per share. Year to date, NBPE has repurchased ~680k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.10 per share
    As of 30 April 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised    		 0.8% 3.4% 4.1%
    1.4%    		 87.7%
    13.4%    		 160.7%
    10.1%
    MSCI World TR (USD)*
    Annualised    		 (0.8%) 12.6% 39.0%
    11.6%    		 96.6%
    14.5%    		 157.2%
    9.9%
               
    Share price TR (GBP)*
    Annualised    		 (8.0%) (8.9%) 3.6%
    1.2%    		 99.0%
    14.7%    		 189.5%
    11.2%
    FTSE All-Share TR (GBP)*
    Annualised    		 4.3% 7.5% 22.6%
    7.0%    		 67.9%
    10.9%    		 75.9%
    5.8%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 30 April 2025

    NAV performance during the month driven by:

    • 1.1% NAV increase ($13 million) attributable to changes in foreign exchange
    • 0.9% NAV decrease ($10 million) attributable to changes in prices of quoted holdings (which now constitute 5% of portfolio fair value)
    • 0.3% NAV increase ($4 million) from the value of private holdings
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $53 million of realisations in 2025 year to date

    • $6 million of proceeds received during the month of April, consisting primarily of full and partial realisations of GFL, Corona Industrials and Inflection Energy

    $307 million of total liquidity at 30 April 2025

    • $97 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~151k shares repurchased in April 2025 at a weighted average discount of 33%; buybacks were accretive to NAV by ~$0.02 per share
    • Year to date, NBPE has repurchased ~680k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.10 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 30 April 2025 was based on the following information:

    • 5% of the portfolio was valued as of 30 April 2025
      • 5% in public securities
    • 57% of the portfolio was valued as of 31 March 2025
      • 57% in private direct investments
    • 38% of the portfolio was valued as of 31 December 2024
      • 38% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 30 April 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 83.9 6.6%
    Osaic 2019 Reverence Capital Financial Services 66.9 5.3%
    Solenis 2021 Platinum Equity Industrials 59.8 4.7%
    BeyondTrust 2018 Francisco Partners Technology / IT 47.7 3.8%
    Monroe Engineering 2021 AEA Investors Industrials 44.7 3.5%
    Business Services Company* 2017 Not Disclosed Business Services 40.1 3.2%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 38.9 3.1%
    True Potential 2022 Cinven Financial Services 35.2 2.8%
    Mariner 2024 Leonard Green & Partners Financial Services 33.7 2.7%
    FDH Aero 2024 Audax Group Industrials 32.9 2.6%
    Marquee Brands 2014 Neuberger Berman Consumer 31.4 2.5%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 30.6 2.4%
    Staples 2017 Sycamore Partners Business Services 29.6 2.3%
    Auctane 2021 Thoma Bravo Technology / IT 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Viant 2018 JLL Partners Healthcare 27.3 2.2%
    Stubhub 2020 Neuberger Berman Consumer 26.4 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 26.3 2.1%
    Benecon 2024 TA Associates Healthcare 25.5 2.0%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Kroll 2020 Further Global / Stone Point Financial Services 25.0 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.6 1.9%
    Excelitas 2022 AEA Investors Industrials 24.1 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services 23.8 1.9%
    Exact 2019 KKR Technology / IT 23.3 1.8%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.2 1.7%
    Bylight 2017 Sagewind Partners Technology / IT 19.9 1.6%
    Constellation Automotive 2019 TDR Capital Business Services 19.0 1.5%
    Real Page 2021 Thoma Bravo Technology / IT 18.8 1.5%
    Tendam 2017 PAI Consumer 18.3 1.4%
    Total Top 30 Investments                             $982.1 77.6%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 77%
    Europe 22%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 22%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 12%
    Healthcare 9%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 9%
    2017 16%
    2018 15%
    2019 13%
    2020 13%
    2021 18%
    2022 6%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

    1Based on net asset value.

    Attachment

    • April 2025 NBPE Factsheet vF

    The MIL Network –

    May 29, 2025

  • MIL-OSI: BTCC Exchange Launches Hot Coins Trading Week Campaign Series Ahead of 14th Anniversary Celebration

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet available here.

    VILNIUS, Lithuania, May 28, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving crypto exchange, is excited to announce the launch of its Hot Coins Trading Week campaign series, marking the beginning of pre-anniversary celebrations leading up to the platform’s 14th milestone in June. The first round of the campaign focuses on carefully selected spot and futures pairs that have gained significant traction among the exchange’s user base of over 7 million.

    The first round, which runs from May 26 to June 2, 2025, features a diverse selection of trending pairs including TRUMP, PI, and AI16Z. The campaign offers substantial rewards totaling 50,000 USDT across two prize pools, including exclusive benefits for new users and trading volume-based rewards for active participants:

    • New User Exclusive Prize Pool: First-time BTCC traders can earn 10 USDT by achieving 10,000 USDT in cumulative trading volume.
    • Trading Champions: High-volume traders compete for rewards ranging from 5 USDT to 800 USDT based on trading volume.

    “These selected pairs not only reflect current market trends, but also align with our users’ trading behavior observed over the past quarter,” said Alex, Head of Operations at BTCC. “After 14 years, we know what our community wants to trade. This campaign gives our traders straightforward spot trading on the assets they’re most excited about, with more rounds featuring different coins coming as we build up to our June anniversary.”

    The timing of this campaign series strategically positions BTCC as it approaches its 14th anniversary milestone in June. The exchange has built a reputation for longevity and stability in the volatile cryptocurrency market, making it one of the industry’s most established platforms.

    Users can participate in the current round through BTCC’s platform, with additional rounds to be announced in the coming weeks. The exchange encourages traders to stay updated on campaign developments and anniversary celebrations through BTCC’s official X account.

    About BTCC

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network –

    May 29, 2025
←Previous Page
1 … 813 814 815 816 817 … 2,663
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress