Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit.
Coinbase Supports Ripple Against SEC
The Nasdaq-listed cryptocurrency exchange Coinbase filed an amicus brief on Tuesday in support of Ripple Labs against the U.S. Securities and Exchange Commission (SEC). The regulator sued Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen over the sale of XRP, alleging that the crypto token is a security.
Since the SEC lawsuit was filed, “multiple U.S. exchanges delisted XRP, causing its market value to decline by $15 billion, resulting in significant losses to Coinbase’s customers,” the counsel for Coinbase explained in the filing, noting:
In the absence of a regulatory framework governing digital assets, Coinbase believes that parties like Ripple must be permitted to pursue fair notice defenses in matters where they are facing surprise enforcement actions like this one.
In its amicus brief, Coinbase argued that “existing due process precedents prohibit unforeseen enforcement actions” and “SEC rulemaking is essential to account for new technology in the crypto space.” In addition, “a robust fair notice defense is critical in the absence of crypto rulemaking.”
“Until the SEC engages in rulemaking for cryptocurrency, the fair notice defense is a constitutionally required brace against arbitrary, surprise cryptocurrency enforcement actions,” Coinbase asserted. “In the absence of such regulations … preventing Ripple’s fair notice defense from even being heard at trial will not only undermine Ripple’s ability to avail itself of a defense afforded by the basic tenets of due process, but will also give the SEC no incentive to engage in the rulemaking work the cryptocurrency industry and its customers need.”
A number of people on social media have expressed that Coinbase’s move is significant given that the crypto exchange was among the first to delist XRP following the SEC lawsuit against Ripple. The securities regulator announced its lawsuit on Dec. 22, 2020, and Coinbase suspended trading in XRP on Jan. 19, 2021.
Strategy advisor at Vaneck/MVIS Gabor Gurbacs commented: “Coinbase suspended XRP trading when the SEC sued Ripple alleging that XRP is a security. Many other platforms followed delisting XRP despite no verdict on the case. Now Coinbase supports XRP vs the SEC. The lesson: follow & comply with the law, but don’t try to be the judge/regulator.”
Tony Edward, the host of the Thinking Crypto Podcast, tweeted:
I don’t think folks realize how significant it is that Coinbase is filing an amicus brief on behalf of Ripple in the SEC lawsuit. I think the industry at large sees a victory for Ripple.
Last month, Ripple’s CEO said that he expects an answer in the SEC lawsuit in the first half of 2023. He noted that Ripple would consider a settlement with the SEC if the regulator states that XRP is not a security. The executive stressed that the XRP case “is about the whole [crypto] industry.”
The global nature of today’s supply chains makes things easier for many businesses, especially in terms of cost reduction. Global supply chains open up the ability for larger companies to acquire a variety of manufacturing components for far less, thus saving money, and in turn increasing their margin. It is also true, however, that global supply chains have a certain number of significant vulnerabilities. Events – such as natural disasters, warfare and unrest of any kind – create instability, which can have far-reaching consequences. The Russia-Ukraine war is a prime example of this and, as such, is having an impact on many industries worldwide. These consequences, no matter where they occur can (and do) put global supply chains at risk.
While it is true that global supply chains have plenty of benefits, recent events prove that these benefits inevitably go hand in hand with significant risks. Mitigating these risks has become essential for aerospace companies, and many factors, including supply chain flexibility, company evolution, and reliable and Time Critical logistics are potential solutions.
The nature of aerospace supply chains
One of the most complex and detailed supply chains is that of the aerospace industry. As with many sectors, it will not be unaffected by the conflict in Ukraine. Boeing, for instance, relies on much raw material which is sourced from Eastern Europe and Russia, namely titanium. Approximately 33% of Boeing’s titanium comes from Russia, and within the last 20 years, Boeing has forged strategic partnerships with Russian and Ukrainian businesses around aircraft manufacture.
Current global events are having a significant impact on global supply chains. Aircraft manufacturing businesses – as is the case for many sectors – rely completely on their supply chains, as they source parts and components from around the world. All manufacturers’ aerospace supply chains, as they grow to become more and more global, can be broken down by region. One specific example of a well-known aircraft manufacturer shows a global supplier breakdown of 69% Western Europe; 20% North America; 7% Asia Pacific, with Eastern Europe, South America and others making up the remainder. While this example is heavily reliant upon European companies, aircraft manufacturing takes place across the globe.. A cross section such as this shows how crucial aerospace supply chain logistics are for all aerospace manufacturing companies.
The importance of logistics in risk mitigation
It is true, no matter the breakdown of supplier locations, that global uncertainty leaves aerospace business’ supply chains vulnerable to significant risk. Yes, pandemics, natural disasters and unavoidable events have a big impact, but they also serve to show the importance of Time Critical logistics for all aerospace supply chains. With improved logistics, businesses can work with logistics providers, and together successfully navigate the landscape and simplify the supply chains.
There are a number of ways logistics partnerships can help alleviate the risks associated with aerospace supply chains:
1.The Necessity of a Time Critical Service
Time Critical ordering is an essential component of modern aerospace supply chains. By partnering with a logistics company who can offer experience providing Time Critical deliveries, aerospace companies ensure they are getting what they need, when they need it. When operating a complex supply chain, such as those of aerospace companies, Time Critical service is essential, as the manufacturing industry runs on a tight schedule, and forward planning is a must. Partnering with a Time Critical logistics company who understands the ways of the industry, and the Time Critical nature of aerospace supply chains, is critical.
2.Working with one Time Critical logistics provider
The more complex a supply chain, the more susceptible it will be to breakdowns and hold-ups. The risks increase when different suppliers are using different companies, and the number of people relied upon grows. Streamlining your supply chain, and ensuring all companies you work with partner up with the same logistics company who can offer Time Critical deliveries can not only simplify the entire process, but eliminate the risk factor that aerospace supply chains face.
3.Strategic sourcing
Strategic sourcing is something that needs to be seriously considered by businesses due to the risks associated with aerospace supply chains. Companies need to make sure that they have both the right strategy in place to source regionally if necessary, and strong logistics support to ensure Time Critical shipments can be made.
4.Choosing the right Time Critical logistics partner
With the aerospace industry evolving and adapting to meet current and future market and global trends, it is of crucial importance that businesses choose the Time Critical logistics partner that is the best for them. Aerospace supply chains depend upon Time Critical logistics in order to keep manufacturing moving forward and avoid hold-ups or breakdowns. There are other aspects to consider when creating a partnership. What experience, for instance, does this company have working within the aerospace industry? Will they be able to provide a dedicated, global service that will be able to guarantee supply chain stability? By answering these questions, you can ensure your partnership is mutually beneficial.
5.Looking ahead to ensure risks are avoided
The years 2020 and 2021 were challenging due to reductions in demand and production. But 2022 presents new hurdles, including the aftermath of the pandemic still being felt in many countries, together with the sanctions against Russia. While some risks are more significant than others, they never completely disappear. Therefore, dealing with them as well as possible is what businesses can strive for.
Strategic sourcing and supply chain leaders have been discussing global supply chain risks for years, and thus companies and businesses must ensure they have the appropriate regionalised supply chain strategy, as well as the right partnerships to secure their future and deliver supply chain resilience. (Learn more about Top Aerospace Technologies & Supply Chain Trends)
As highlighted above, a trusted Time Critical logistics partner is key in the reduction of aerospace supply chain risks. Royale International are one such company who can guarantee this assurance. With over 25 years’ experience working with and within the aerospace industry, they are well placed to deliver. Offering unrivalled Time Critical logistics solutions, Royale International have partnered with countless companies across the globe, and their knowledge and understanding of global supply chains and the risks associated are second to none. Find out more about the services Royale International can offer to help your business avoid the risks associated with global aerospace supply chains, learn more about our Time Critical services.
Cape Town is South Africa’s crown jewel and probably the most European metropolis you may discover on the continent. Founded by the Dutch East India Company in 1652, it was South Africa’s first try at a contemporary metropolis, incomes it the nickname “The Mother City.” Because of its strategic location on the southwestern tip of Africa, for hundreds of years it performed an essential function in world commerce. Today it is considered one of South Africa’s three capital cities. The metro space covers 950 sq. miles and is residence to three.5 million folks. The metropolis’s setting, a dramatic shoreline within the shadow of Table Mountain National Park, is as picturesque as its historical past is problematic. Like the remainder of South Africa, Cape Town continues to be attempting to get better from the apartheid period which resulted in 1994. While crime and corruption are nonetheless points, in 2010 town helped host the FIFA World Cup and tourism has solely grown since then.
Time Zone
GMT +2
Best Time to Go
Cape Town is price visiting year-round. That stated, it seems to be totally different every season. Late December by way of March is South Africa’s summer time. It’s when Cape Town is alive with vacationers escaping their very own winters again residence and locals having fun with the beautiful climate. It’s sunny, dry, and heat sufficient to warrant a dip within the ocean. The metropolis’s social calendar is filled with occasions, and whereas costs is perhaps increased throughout this peak season, not less than all the things is open. If you are on the lookout for decrease costs and fewer folks, go to through the winter, late June by way of late September. Pack a raincoat as a result of winter means moist. If your aim is to see whales, take a look at the Hermanus Whale Festival normally held in late September. However, July and August are additionally thought-about nice months for whale watching. Finally, the shoulder seasons may be simply as unforgettable. Spring, September by way of early December, is when the wildflowers are in full bloom. Autumn, late March by way of early June, is considered the perfect time to go cage diving with nice white sharks.
Things to Know
Currency: Rand (ZAR) ($1 USD = 14.27 ZAR; Check the current exchange rate)
Tipping: Tipping is vastly appreciated in Cape Town. If the service is sweet, 10% is customary. Sometimes gratuity is added at eating places, particularly for teams, so examine your invoice earlier than by chance tipping twice.
Language: Most sources say there are 11 official languages in South Africa (some say 12). Xhosa, English, and Afrikaans are among the many most spoken. That stated, most individuals communicate English, and all indicators in Cape Town are in English. There’s no want for Google Translate. However, it may be useful to know just a few widespread phrases.
Lekker: nice or good; “That was a lekker surf session.”
Braai: outside barbecue; “If you are fortunate, locals will invite you to their weekend braai.”
Bru: good friend/pal; “My bru works at a vineyard in Stellenbosch.”
Calling Code: +27 21
Outlets: South Africa makes use of kind C,D,M, and N plugs. Pack an adapter or be ready to purchase one in Cape Town. The voltage is 230V and commonplace frequency is 50Hz. So, you may additionally want to purchase a converter if you happen to’re utilizing an equipment requiring extra voltage.
How to Get Around
Trains: Cape Town’s trains exist because the Metrorail, however they are not significantly dependable. If you ask locals, they can be unsafe. It’s not advisable to experience them alone, particularly at evening. If you do wish to take one, the preferred line is the South line operating to Simon’s Town. Tickets may be bought at stations or from Metrorail officers with transportable ticket machines.
Buses: While there are a number of native buses and minibuses, mainly vans shuttling commuters, the perfect buses for guests are the MyCiTi buses. They join with the airport and serve scheduled stops in excessive visitors vacationer areas. Fares are loaded onto myconnect playing cards which may be bought at station kiosks and choose retailers and ATMs. Another possibility is the City Sightseeing Bus. These Hop-On-Hop-Off buses additionally make scheduled stops at well-liked vacationer locations and embrace commentary in 15 languages. The Red Line covers the northern a part of Cape Town, and the Blue Line goes all the way in which to Hout Bay within the south. Tickets may be purchased online.
Taxis/Rideshare: Ubers are in every single place in Cape Town. They’re dependable, protected and intensely reasonably priced. A forty five-minute Uber from downtown Cape Town to a Muizenberg can value as little as $12. They additionally service the airport. If you do not have Uber and wish to use a conventional taxi, attempt to use a name forward automobile service that’s verified.
Best Hotels
12 Apostles Hotel and Spa
Address: Victoria Road, Camps Bay Phone: +27 21 4379000 Website
It’s arduous to not miss this five-star oceanfront property as a result of it is the one constructing on its stretch of the scenic drive to Chapman’s Peak. Each of its 70 rooms has both a sweeping view of the 12 Apostles mountain vary or the Atlantic Ocean the place it isn’t unusual to see seals sunning themselves or whales breaching. Between the adjoining spa and the meals and drinks served within the fabled Leopard Bar, visitors by no means even must enterprise into city.
The President Hotel Cape Town
Address: 4 Alexander Rd, Bantry Bay Phone: +27 21 434 8111 Website
This esteemed four-star resort within the quiet residential neighborhood of Bantry Bay is simply blocks from the seaside. Dozens of retailers and eating places are inside strolling distance. The property, well-liked with enterprise vacationers and conferences, can also be residence to a restaurant, spa, salon, present store, and enormous outside swimming pool. Rooms are beneficiant in measurement and embrace residences obtainable for long-term stays.
The One&Only
Address: Dock Rd, Victoria & Alfred Waterfront, Cape Town, 8001 Phone: +27 21 431 5888 Website
An city resort you’d anticipate finding on a tropical island, the One&Only presents Cape Town’s most unique lodging. The property boasts a number of swimming swimming pools, together with the biggest infinity pool within the metropolis. This pool is residence to 2 personal islands with a number of suites excellent for households. In phrases of different facilities, the One&Only has a youngsters membership, spa, health heart, and an array of vacation spot eating places together with Nobu.
A well-liked selection amongst {couples} and honeymooners, this boutique resort has simply eight rooms. But they’re so well-appointed they even characteristic pillow menus. The property is situated alongside Sunset Beach (with unique seaside entry), quarter-hour north of Cape Town however shut sufficient to have spectacular Table Mountain views. Facilities embrace personal viewing decks, a solar-heated pool and splash pad, and a restaurant serving breakfast, lunch, and dinner.
The hearts and brains behind this budget-friendly retreat belong to the husband and spouse crew of Adheera Bodasing, a South African of Indian descent, and Yoann Nicolas, a Frenchman who fell in love with South Africa in his 20s. Each of the 9 rooms is exclusive, paying homage to totally different cultures by way of artwork and décor collected by the couple on their travels. The property is situated within the eclectic Bo-Kaap, previously the Cape Malay quarters, neighborhood.
Best Restaurants
Mojo Market (meals court docket with native pop-ups)
Open seven days every week, Mojo Market is Sea Point’s stylish indoor market the place diners can discover greater than 15 native meals stalls and “merchants.” Choose from recent mussels, artisanal pizza, build-your-own burritos, sushi, and even Cape Town’s solely macaroni and cheese joint. While there’s reside music each evening and loads of TVs, the perfect leisure right here is folks watching.
Reservations are positively required at this well-liked African restaurant ranked #1 on TripAdvisor out of practically 1,000 eating places in Cape Town Central. Food is served buffet type with signature dishes being flavorful performs on conventional Xhosa meals. While the restaurant serves specialities like rooster ft and sheep’s head (upon request), it is also vegetarian-friendly.
Family-owned and operated, Die Strandloper is known in Cape Town for its 10-course seafood lunch or dinner served on the seaside. Allow for not less than three hours to get pleasure from all the things from smoked angelfish to barbecued mackerel and even kreef, South Africa’s spiny lobster. Reservations are required.
Wine Studio (wine pairings)
Address: Dock Rd, Victoria & Alfred Waterfront, Cape Town, 8001 Phone: +27 21 431 4511 Website
Brand new as of 2021, the One&Only’s Wine Studio showcases the property’s award-winning wine assortment in a novel reverse pairing expertise. Head sommelier Luvo Ntezo hosts these unique personal dinners that includes uncommon vintages, particular visitors from native wineries, and even the chance to create your individual signature mix. Reservations are required.
Café Caprice (up to date café)
Address: 37 Victoria Road, Camps Bay, Cape Town, 8005 Phone: +27 21 438 8315 Website
Ask a dozen locals the place the perfect place to sip a cocktail and watch the sundown in Cape Town is and not less than half will point out Café Caprice. Open seven days every week, the café serves breakfast, lunch, and dinner. It’s additionally the perfect place to see and be seen in Camps Bay, so gown to impress or on the very least, be impressed.
Kauai (wholesome quick meals)
Multiple areas all through Cape Town Website
Cape Town’s finest quick meals possibility is that this beloved South African chain serving recent wraps, salads, omelettes, and smoothies. Ingredients are what you’d anticipate finding at an expensive well being meals retailer, nonetheless it is simple to get a filling meal for $5. There are a number of areas all through Cape Town, and so they’re open for breakfast, lunch, and dinner.
The ocean round Cape Town is chilly, nevertheless it’s additionally residence to among the finest seashores on the planet to discover ways to surf. Muizenberg, a browsing neighborhood about 40 minutes from Cape Town, is known for its historic colourful altering homes. It additionally boasts nice newbie waves all day on daily basis. While there are a variety of surf colleges in Muizenberg, if you happen to’re staying in Cape Town it is price it to go together with a cellular college like Stoked Surf School which incorporates roundtrip transportation.
Billed as the one place the place you will get near African penguins within the wild, Boulder Beach is a should if you end up on the False Bay facet of Cape Town. For a small entrance charge, guests can observe the comings and goings of the colony who reside on this white sand seaside named for its truck-sized boulders. It’s additionally attainable to swim with the penguins, however be forewarned; the water is frigid.
Table Mountain is South Africa’s most well-known landmark and the namesake for this sprawling nationwide park stretching from town all the way in which down the cape peninsula to incorporate the southernmost level of Africa. In addition to hanging geological formations, it is residence to unimaginable bio-diversity together with distinct vegetation not discovered anyplace else on the planet. Hike considered one of many trails to the highest of Table Mountain (3,563 ft.) or experience the cable automobile to the highest the place much more trails converge and supply panoramic views for miles.
Visit Robben Island
Address: Private Bag Robben Island, Cape Town, 7400 Phone: +27 21 413 4200 Website
Located in Table Bay, seen from virtually anyplace in Cape Town, Robben Island looms within the background very like Alcatraz in San Francisco. But this notorious island has 400 years of its personal fascinating historical past. Once occupied by wildlife and indigenous peoples, it was essential for commerce and looking through the Age of Exploration earlier than later turning into residence to all the things from banished convicts to a whaling station and even an insane asylum. Today, it is the place guests can tour the previous jail and see the cell the place Nelson Mandela was imprisoned for 18 years. Other points of interest on the island embrace a penguin sanctuary and lepers’ graveyard.
Visit the Cape Winelands
Address: Stellanbosch, Franschhoek, and Paarl Website
There are a whole bunch of wine farms rising grapes in Cape Town’s fertile yard often known as the Winelands. Most are inside an hour’s drive of town and are open to the general public for tastings and excursions. This area, one of many oldest wine areas outdoors of Europe, is known for its Pinotage, a daring crimson wine birthed in South Africa. Even if you happen to do not drink alcohol, it is a scenic drive by way of pastoral communities together with Stellenbosch, a 350-year-old college city full of Cape Dutch structure.
Best Shopping
V&A Waterfront
Address: 19 Dock Rd, Victoria & Alfred Waterfront, Cape Town, 8001 Phone: +27 21 408 7600 Website
A vacation spot in itself, the V&A Waterfont is residence to an indoor and outside mall that includes greater than 450 retail shops. Whether you are on the lookout for Adidas, Armani, or Crocs, Victoria Wharf Shopping Centre most likely has it.
Kalk Bay
Address: Main Road, Kalk Bay, Cape Town, 7990 Website
This quiet former fishing village turned well-liked day journey is a few 45-minute drive from Cape Town, nevertheless it’s price it if you happen to’re into eclectic retailers you will not discover elsewhere. Spend the afternoon looking in impartial bookstores or looking for antiques. Most retailers may be discovered on Main Road, however you by no means know what treasure awaits in an alley in Kalk Bay.
Greenmarket Square
Address: Burg St &, Longmarket St, Cape Town City Centre, Cape Town, 8000 Website
Since 1696 when the cobblestones have been laid Greenmarket Square has been a preferred assembly house. Today, it is the place locals and guests alike barter with distributors who arrange retailers—from formal stalls to makeshift tables—full of residence items and African arts and handicrafts. It’s open on daily basis, however the first Thursday of each month throughout Cape Town’s city-wide First Thursdays celebrations is the perfect time to catch reside music and avenue performances.
Neighbourgoods Market
Address: 373 Albert Rd, Woodstock, Cape Town, 7925 Website
A superbly restored previous biscuit mill could not be a extra good setting for this farmers market open each Saturday. This is the place consumers discover souvenirs that are not mass produced. They’re made by entrepreneurial locals promoting all the things from leather-based luggage to soaps and sustainable fashions. Of course, there’s additionally recent seasonal produce and scrumptious avenue meals.
Neighborhoods to Know
City Bowl: Nestled in a pure melancholy between the coast, Table Mountain and Signal Hill, City Bowl is the guts of Cape Town. It’s residence to the central enterprise district, spectacular municipal buildings, and several other of Cape Town’s oldest and most Insta-worthy streets. There’s the well-preserved Dutch colonial structure on Long Street, the coloured homes lining the hills of the Bo-Kaap, and the V&A the place you possibly can paddleboard on canals winding by way of the bustling waterfront district.
Cape Flats: Although most vacationers by no means step foot right here, it might be remiss to not point out the Cape Flats. This lowland space is residence to Cape Town’s most notorious suburbs or townships. It’s the place the black and coloured populations have been compelled to relocate through the Apartheid years. Although it is a bit off-the-beaten vacationer path, it’s attainable to go to the townships with a information and find out about life in them with the locals. Most guests begin with a strolling tour of Imizamo Yethu in Hout Bay.
Atlantic Seaboard: Informally known as Cape Town’s Riviera, the Atlantic Seaboard is a string of oceanfront communities on Cape Town’s west coast. This is the place one finds the fanciest accommodations (principally boutique properties though there are chains like Radisson), high-rise luxurious condos for lease, and naturally the eye-catching mansions belonging to Cape Town’s elite. Each neighborhood, centered round a seaside, has its personal character from the uber posh Camp’s Bay to the fishing village vibes of Hout Bay.
Woodstock: Technically part of City Bowl, Woodstock is like Cape Town’s reply to Williamsburg in Brooklyn. If you are excited by artwork, theater or something hipsters like, this former industrial space is a vacation spot in itself. It’s nonetheless a bit tough across the edges, and also you most likely should not wander the streets alone at evening, nevertheless it’s to not be missed. If nothing else, in 10 years you possibly can say you visited Woodstock earlier than everybody knew how cool it was and property builders ruined it.
Weather
Cape Town has 4 seasons though they are not as distinct as northern locations. It has a Mediterranean local weather. Summers are dry and never too scorching, and winters are wet, however delicate. The highest temperatures happen in February when it might probably attain the mid-80s°F. The coolest temperatures happen in July when temperatures are sometimes within the mid-50s°F. June is normally the wettest month with round 14 days of rain. Cape Town is known for its sturdy winds. Today, they’re good for kitesurfing. Hundreds of years in the past they have been the reason for many historic shipwrecks.
KAMPALA– National Water and Sewerage Corporation (NWSC) the, company mandated to operate and provide water and sewerage services Uganda has announced a series of celebration events lined up to mark 50 years of its existence.
The celebrations will be held through the entire month of November, culminating in the grand celebration scheduled for 2nd December 2022 at the Kololo Independence Grounds.
The body which now boasts of 900,000 connections serving approximately 18 million people, was established by Decree No. 34 of 1972, to operate and provide water and sewerage services in areas entrusted to it by the Government, on a commercial and financially viable basis.
Flagging off the NWSC celebratory activities, the NWSC Board Chairman Dr. Eng. Prof Badru Kiggundu underscored some of the corporation’s achievements in the last 50 years which include increment in the number of towns served by the corporation from 3 to 263.
He also noted an increase in number of people served with piped water from less than 200,000 to 18 million and the pipe network length from less than 200kms to 22,000kms now.
Eng Kiggundu added that at the grand celebrations, President Museveni will unveil to the public some flagship water infrastructure projects that have been recently completed by NWSC and launch those that are in the pipeline for implementation.
Museveni will also be requested to perform the grand pass-out of NWSC staff that have undergone patriotism, mindset change, pan- Africanism and utility management, which was carried out jointly by NWSC and UPDF personnel.
NWSC Managing Director Dr. Eng Silver Mugisha attributed the corporation’s success to its hardworking staff, customers, support from the Government of Uganda, Ministry of Water and Environment among many others stakeholders.
Eng Mugisha noted that the President will unveil completed projects in Kapeeka, Kapchorwa, Sembabule, Fort Portal, Bushenyi, Lira, Jinja and Katosi Water treatment plant, Bugolobi-Nakivubo Waste Water Treatment Plant among others.
He will also flag off other projects under construction that include; Lyantonde, Kyankwanzi, Kalungu, Mbale, Gulu, Adjumani, Soroti, Mbale, Ibanda, Kasese, Hoima among many others.
The MD highlighted the centrality of hard work to the success and NWSC but decried the problem of people thinking they can be promoted without work.
“There is a problem of young people who have a long history of being babysat and getting things for free. They want to eat without hard work.” he said.
Eng. Mugisha stated that no NWSC staff will be promoted without hard work. “At NWSC, we have to work hard, pay for chemicals, pipes, power, salaries among other production inputs. These cannot be paid without hard work.” He warned.
The events shall be celebrated, in strict observance of COVID19 and Ebola epidemic prevention guidelines.
The worldwide crypto market has seen a detrimental pattern attributable to a bearish market. There was a continuation of losses for Bitcoin, Ethereum, and others. However there’s a slight change and it means that the market will quickly flip bullish. In distinction to the beginning of the day, the losses have come to new lows. If the state of affairs enhances additional, there’s a seemingly probability that the market turns bullish. A flip in momentum will strengthen the place of buyers.
VISA has launched a particular NFT public sale forward of FIFA World Cup in Qatar. The large monetary providers and funds firm is presently the official funds accomplice of FIFA. VISA has introduced the launch of the Masters of Motion NFTs. Based on the agency, the NFTs are impressed by distinctive objectives from 5 soccer legends. These embody Jared Borgetti, Tim Cahill, Carli Lloyd, Michael Owen, and Maxi Rodriguez.
The actions from these soccer stars have been turned to NFT by the award-winning SK Studio. Additional particulars reveal that the bidding of NFTs has been opened on Crypto.com which serves because the official trade accomplice of the 2022 FIFA World Cup. VISA collectors mentioned that the collectors who throw within the profitable bid will obtain the NFTs will obtain them of their pockets whereas they will even get a high-quality printable file.
Here’s a transient overview of the present market state of affairs analyzing the efficiency of Bitcoin, Ethereum, and others.
BTC continues recessive
Bitcoin’s hash price has hit an all-time excessive as its value worth holds above $20K. Based on obtainable updates, the Bitcoin hash price has hit 331EH/s. The information from Glassnode reveals that it’s the highest hash price witnessed ever. The rise in hash price would have repercussions for miners as they’ve seen lately.
The current modifications for Bitcoin present a continuation of bearishness. The most recent knowledge reveals that it has shed 0.07% during the last 24 hours. The weekly knowledge reveals that Bitcoin has added 1.35%.
The value worth of BTC is presently within the $20,487.34 vary. The market cap worth of Bitcoin is estimated to be $393,170,858,989. The 24-hour buying and selling quantity of this coin is about $39,566,563,452.
ETH nonetheless in losses
The value surge has put the vast majority of Ethereum buyers in revenue. The buyers had a rollercoaster 12 months in 2022 because it introduced tough instances. Some points of it introduced success whereas others proved gut-wrenching.
The worth of Ethereum has seen fluctuations as a result of bearish pattern. The most recent knowledge reveals that it has shed 0.01% during the last 24 hours. The weekly knowledge reveals that it has added 6.49%.
The value worth of ETH is presently within the $1,581.51 vary. The market cap worth of this coin is estimated to be $193,592,433,107. The 24-hour buying and selling quantity of the identical coin is about $1,219,170,422.
LINK going through exhausting instances
Chainlink has additionally confronted issues as a result of bearish pull. The current knowledge reveals that it has shed 1.22% during the last day. The weekly knowledge reveals that it has added 8.92%. The fluctuations within the inflow of capital have resulted in bringing LINK’s value worth to the $7.75 vary.
The market cap worth of Chainlink is estimated to be $3,812,554,430. The 24-hour buying and selling quantity of this coin is about $351,339,303. The identical quantity in its native foreign money is about 45,302,538 LINK.
XLM continues to decrease
Stellar has additionally confronted a downtrend because the inflow of capital has lowered. The most recent knowledge reveals that it has shed 1.42% during the last 24 hours. The weekly knowledge reveals that it has shed 2.26%. The value worth of XLM is presently within the $0.1098 vary.
The market cap worth of Stellar is estimated to be $2,813,102,953. The 24-hour buying and selling quantity of this coin is about $78,032,525. The circulating provide of the identical coin is about 25,622,450,796 XLM.
Closing Ideas
The worldwide crypto market has witnessed a decline in worth attributable to lasting bearishness. The current knowledge for Bitcoin, Ethereum, and others present fluctuations. Because the market has seen a decline in worth, the buyers have additionally been affected. The worldwide market cap worth has additionally seen a change attributable to a detrimental pattern. The most recent knowledge reveals that it’s estimated to be $1.01 trillion.
The Three Arrows Capital co-founder grew to become one among Crypto Twitter’s most prolific personalities over the course of the 2021 bull run.
Zhu steadily took to Twitter to share cryptic messages airing his takes on the crypto market.
Zhu has been silent on Twitter since Three Arrows Capital went bankrupt in July.
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Chris Williams explains why crypto’s water cooler is a much less entertaining place with out the Three Arrows Capital co-founder.
Su Zhu on Crypto Twitter
For nearly so long as crypto has been a factor, Twitter has served because the group’s water cooler. “Crypto Twitter,” because it’s affectionately recognized, is the place that made stars of personalities like Cobie and Andreas Antonopoulos, attracting numerous new believers with each mania-driven retail bubble. If you wish to keep in control on this house, it is advisable to be on Crypto Twitter—the likes of Changpeng “CZ” Zhao and Vitalik Buterin know this (each are energetic tweeters with big followings).
Crypto Twitter has traditionally gotten a brand new lease of life with each bull run, however the 2021 market cycle was arguably its most absurd section but. There have been memes, laser eyes, astrology readings, and CryptoDickbutts. Among the many tens of hundreds of whales, merchants, anons, trade folks, and common individuals who merely purchased into the “WAGMI” mantra, Three Arrows Capital’s Su Zhu was arguably CT’s biggest person.
Till the multi-billion greenback hedge fund he oversaw alongside classmate Kyle Davies collapsed in a market downturn in June 2022, Zhu was notorious for his snappy takes, sharing rounded views available on the market with a aspect serving of optimism and Tao Te Ching-style knowledge. Zhu’s inimitable writing fashion would typically evoke laughter and confusion amongst his followers, to the purpose the place some accused he and Davies of psyops and pump-and-dump antics on the expense of their followers.
Zhu’s mystique attracted a cult-like following over the course of the 2021 bull run, however ultimately, he underperformed each worthwhile dealer available in the market after 3AC suffered a blowup within the fallout from Terra’s implosion. Zhu went silent together with Davies after it emerged that 3AC had taken out billions of {dollars} in uncollateralized loans from a few of crypto’s largest whales, but when we had been to debate these occasions in full, this piece would find yourself longer than the courtroom paperwork recording Teneo’s liquidation order towards the agency.
Crypto is approaching one yr because the peak of the bull run that made Zhu well-known, and whereas CT is surviving below Elon Musk’s reign and suppressed market costs, few would argue that it’s a worse place with out Zhu round. “I miss his tweets” has been repeated on a number of events all through this yr, and Zhu is such a CT icon that individuals typically paraphrase him in part-tribute-part-mockery.
As we mirror on the rise and fall of the crypto market over the previous couple of years, we dug out 10 of Zhu’s masterpieces charting his personal rise and fall from 2021 by 2022. Learn extra under.
Asking the Worth (03/05/2021)
Many ppl suppose they need to achieve success however hate asking what the worth is
Work out the market worth of what you need and boldly pay it
Worth of health is self-discipline, sacrifice Worth of wealth is danger urge for food Worth of life is to not concern demise Worth of $BTC is $5m+
— Zhu Su (@zhusu) March 5, 2021
In March 2021, days after making an UpOnly podcast debut through which he publicly peddled the “Supercycle” narrative for the primary time, Zhu took to Twitter to debate the idea of “worth.”
“Work out the market worth of what you need and boldly pay it,” he wrote, explaining that belongings like health and wealth include a worth (Zhu would later tweet earlier than and after images of himself topless on the fitness center, as if following up on his concepts on worth).
The tweet landed within the early phases of the bull run because the King was taking a lead. Musk’s Tesla had simply acquired its first sats, Michael Saylor was nonetheless on the helm of MicroStrategy, and nothing might shake the market’s confidence. Reflecting on Bitcoin’s seemingly unstoppable rise, Zhu wrote that the worth was at the least $5 million, or “$5m+.”
Bitcoin was approaching $50,000 on the day of Zhu’s tweet, which is about 1% of his $5 million name. It by no means got here near his goal after peaking at $69,000 in November 2021, and at at this time’s costs, it might have to rally greater than 24,000% to hit the lofty milestone.
Whereas there’s an inexpensive case to be made that Zhu ought to have toned down his bullish stance to his followers right here, it’s price remembering that he and Davies genuinely purchased into their Supercycle thesis. It was solely when Bitcoin dropped under $21,000 in June 2022 for the primary time in 18 months that rumors of the agency’s collapse first surfaced, and it later grew to become clear that the pair had wager the farm—and a bunch of different individuals’s farms—available on the market holding and misplaced. “Supercycle worth thesis was regrettably fallacious,” Zhu conceded on Might 27.
Crypto because the 4th Epoch of Augmented Reminiscence (03/07/2021)
Most are conscious that crypto is the 4th computing paradigm, however it is usually the 4th Epoch of Augmented Reminiscence
I: folkloric verbal poetry
II: tomes of written phrases
III: images, video
IV: crypto
— Zhu Su (@zhusu) March 7, 2021
Zhu shared his philosophical aspect with CT on many events in 2021, and his contextualization of crypto’s place in world historical past helped him entice a herd of true believers.
Maybe his most weird take got here when he described crypto as “the 4th Epoch of Augmented Reminiscence,” making the case that Web cash serves as a strong switch of data akin to verbal poetry, tomes of written phrases (i.e. books), and picture and video.
If we had been being cynical, we might say that this tweet reads as pretentious drivel, particularly coming from somebody who spent the bull run borrowing off others, publicly endorsing doubtful Layer 1 initiatives he’d backed, and getting unhealthy entries on majors lengthy after the market tanked. Nonetheless, if we had been giving Zhu the advantage of the doubt, we’d simply say this one is a little bit tough to decipher.
A Powerful Century (03/21/2021)
When you do not perceive crypto and refuse to be taught, it is gonna be a tricky century for you.
— Zhu Su (@zhusu) March 21, 2021
Say what you want about Zhu and 3AC’s enterprise actions, the fitness center pics, and occasional inflated ego, however there’s a superb motive Zhu grew to become so in style.
When he tweeted out messages like “should you don’t perceive crypto and refuse to be taught, it’s gonna be a tricky century for you,” it was as if he was rallying a military into battle to carry Bitcoin to the mainstream. Whereas he received carried away with the shilling on far too many events, messages like this instilled confidence available in the market and genuinely made the “up solely” meme really feel like a actuality.
Alongside his good friend, Terra co-founder Do Kwon, Zhu was a grasp at making his followers really feel like he was with them towards the world to assist crypto cross the chasm (in actuality, after all, Zhu was a multi-millionaire dealer residing in a distinct world to CT’s on a regular basis males). Kwon suffered a good larger fall from grace than Zhu after Terra failed, so maybe CT can be suggested to take any rally cries like this with a heavy grain of salt subsequent time the market picks up.
Preferring Wealth (04/23/2021)
Have actually zero curiosity in abroad property as a retailer of worth. Insane frictional prices, illiquid and cumbersome to handle, and add some geopolitical/taxation danger on high as properly when shopping for as a nondomicile.
When you want wealth you like crypto.
— Zhu Su (@zhusu) April 23, 2021
Sooner or later over the previous few years, Zhu and different crypto people started evangelizing the concept of “preferring wealth,” which was primarily a self-congratulatory meme to discuss with the excessive beta belongings like Bitcoin and Ethereum loved in an period of unprecedented fiscal experimentation and cash printing. The final gist was that crypto was the place to retailer wealth, and when everybody was speaking about company Bitcoin adoption, Ethereum NFTs had been taking off, and trash was hovering left, proper, and middle, it appeared to make cheap sense. Now that rates of interest are excessive once more, to want {dollars} is to want wealth, however it’s straightforward to suppose the bull run will final eternally if you’re experiencing it.
“When you want wealth you like crypto,” Zhu wrote in a observe about his aversions to investing in property abroad in 2021, as soon as once more reassuring his followers that they had been in the fitting place for cash’s largest shift in historical past. Zhu then added a caveat, presumably aimed on the fraction of readers who had occurred to amass a portfolio of eight figures or extra: “W that stated def get a fairly sized home and fairly sized boat in your nation of residence.” The recommendation prompted a flurry of questions from CT associated to applicable boat sizes and different potential shops of worth, although Zhu uncared for to elaborate.
Notably, Zhu additionally grew to become an advocate for linear wealth over logarithmic wealth—pushing the concept most individuals promote their cash too early to safe modest features. Given the character of 3AC’s downfall, which noticed the agency recklessly betting billions of {dollars} in overleveraged trades, one might argue that Zhu’s pursuit of linear wealth was his final downfall.
Fairly Scarce JPEGs (08/10/2021)
Wow quickly $15m cannot even get you a fairly scarce jpeg a lot much less a fairly sized home
— Zhu Su (@zhusu) August 9, 2021
3AC was credited with kickstarting a heady interval available in the market that grew to become often called “NFT summer season” when it swept the ground on the CryptoPunks NFT assortment, however Zhu and Davies didn’t cease at Ethereum’s most prestigious avatars.
The agency went on to accumulate tens of tens of millions of {dollars} price of JPEGs, taking a very eager curiosity within the Artwork Blocks generative artwork scene. Their most outrageous buy was Ringer #879, which they purchased for 1,800 ETH price over $5.6 million. “We just like the goose,” Zhu said in reference to the art work’s goose-like depiction.
The sale for the Goose Ringer rocked CT and the broader NFT house on the time, however Zhu left a touch it was coming to his most eagle-eyed followers. “Wow quickly $15m can’t even get you a fairly scarce jpeg a lot much less a fairly sized home,” he wrote on August 10, referencing a now-deleted 2020 tweet through which he had recommended that $10 million was a comparatively paltry sum within the fairly sized home market.
Although Zhu will be applauded for calling the peak of NFT mania, 3AC received issues fallacious in the event that they had been hoping to earn a living on their JPEG buys. They purchased into the NFT market’s priciest grails and signaled their intentions to boost $100 million for a devoted fund referred to as Starry Night time Capital on the top of the mania, shopping for the highest earlier than costs tanked in Ethereum and greenback phrases. Teneo has since gained approval to liquidate Starry Night time’s holdings.
Abandoning Ethereum (11/21/2021)
Sure I’ve deserted Ethereum regardless of supporting it up to now.
Sure Ethereum has deserted its customers regardless of supporting them up to now.
The concept of sitting round jerking off watching the burn and concocting purity checks, whereas zero newcomers can afford the chain, is gross.
— Zhu Su (@zhusu) November 21, 2021
Zhu was one among CT’s hottest accounts in the course of the 2021 bull run, however because the cycle neared its finish, his tweets grew to become much less inspiring and extra “put money into my luggage earlier than the run ends.”
By the autumn of 2021, Zhu had turned his consideration to the so-called SOLUNAVAX commerce, having misplaced curiosity in Ethereum amid hovering fuel charges (Zhu spent months endorsing ETH earlier than SOLUNAVAX caught on, concentrating on a $25,000 ETH on a Bankless podcast simply earlier than the market suffered a crash).
After 3AC introduced that it had co-led a $230 million Avalanche elevate in September 2021, Zhu’s AVAX endorsements had been about as refined as that Instagram publish that the SEC pulled Kim Kardashian up on for shilling EthereumMax. He repeatedly received behind Avalanche in his tweets, drawing the ire of many who had observed him doing comparable with Ethereum simply weeks prior when it was in vogue as a result of EIP-1559 hype.
A type of dismayed onlookers was Synthetix founder Kain Warwick, who later posted a tweet about dropping respect for some individuals who had chosen “opportunistic features” over rules in the course of the course of the bull run (he didn’t make clear if he was talking about Zhu). A really public spat ensued through which the pair mentioned every part from their multi-million greenback property portfolios to Optimistic Rollups, which led Zhu to come back out together with his legendary tirade towards Ethereum. “The concept of sitting round jerking off watching the burn and concocting purity checks, whereas zero newcomers can afford the chain, is gross,” he wrote, saying that Ethereum had “deserted its customers.” Avalanche was buying and selling at all-time highs on the weekend the drama went down, which can have given Zhu some confidence. Nonetheless, he quickly backed down and apologized after tons of of members of the Ethereum group referred to as him out on his bewildering message. AVAX and ETH have each suffered staggering drops since, although Avalanche has taken the toughest hit together with the remainder of the “various Layer 1” house.
Froth, Adoption, Cope, and Hope (01/21/2022)
On the high indicators of froth are indistinguishable from indicators of adoption
On the backside indicators of cope are indistinguishable from indicators of hope
— Zhu Su (@zhusu) January 21, 2022
Since 3AC went all in on crypto in 2014, Zhu has turn out to be famend for his unbelievable ability at timing market tops and bottoms—one thing that may yield higher returns in crypto than every other monetary market on earth. In late 2018, he memorably warned that “we are going to pump off the underside extraordinarily shortly, leaving most sidelined traders caught in fiat,” primarily calling the market’s last capitulation and giving delivery to a meme that’s still going strong at this time.
The 2021 rally examined these making an attempt to time the highest and backside tougher than ever by hinting that crypto might have lastly made it earlier than sending every part into the purple in a Might downturn that overshadowed each bull run correction earlier than it. Because the mainstream caught on, issues regarded frothy from the start of the run, however those that bought early on missed out on big features afterward. Equally, it felt like all hope was misplaced after the Might correction (although Zhu was one among few to recommend in any other case), however crypto topped $3 trillion six months later.
Zhu summed up this local weather in a succinct two line tweet in late January, simply after the market slid and forward of one other 10 months of sluggish motion. “On the high indicators of froth are indistinguishable from indicators of adoption… On the backside indicators of cope are indistinguishable from indicators of hope” Zhu is, after all, right right here; that’s partly why crypto continues to be such a unstable beast.
Bears will construct and pay for the purchase partitions of the long run
— Zhu Su (@zhusu) May 25, 2022
We’re undecided what Zhu was getting at when he recommended that “bears will construct and pay for the purchase partitions of the long run,” and judging from CT sentiment, nobody else did on the time.
Nonetheless, the timing of his publish, touchdown days after the Might 2022 Terra collapse, means that he was hinting at a potential future through which selloffs set the foundations for future rallies.
In CT tradition, bears are extensively considered with disdain, and Zhu had turn out to be a beacon of bullish hope over the 2021 run. So it matches that he would mirror on bears dumping with an air of positivity, whilst 3AC confronted what would turn into deadly losses within the downturn.
The Subsequent Technology of Algorithmic Stablecoins
Boomers thought Luna1 collapse would take down the crypto trade
As an alternative, Tron, Waves, and different chains nonetheless working exhausting on next-gen algostable cash
Luna2 reuniting the Terra group as they rebuild the ecosystem
All w/ zero want for govt bailouts
— Zhu Su (@zhusu) June 1, 2022
As soon as once more, this one has us stumped. Within the fallout from one of many largest disasters in crypto historical past, a wholly predictable occasion that erased $40 billion of worth in a number of days and led to bankruptcies, suicides, and elevated regulatory consideration, Zhu thought it might be a good suggestion to supply one other of his contrarian takes in what reads like a protection of Terra.
Zhu identified that whereas LUNA had collapsed, different initiatives had been engaged on algorithmic stablecoins, apparently lacking the memo that no algorithmic stablecoin (arguably barring FRAX) has ever labored with out at the least quickly dropping its peg.
“Luna2 reuniting the Terra group as they rebuild the ecosystem,” he added, referencing Kwon’s questionable second try at a LUNA coin after Terra’s failure. After Kwon grew to become crypto’s public enemy primary within the fallout, one would have thought Zhu would have reconsidered such an ill-judged tweet earlier than posting, although in equity 3AC was dealing with a $600 million loss on the Terra collapse. Maybe he was coping, which might possibly make his weird assertion extra comprehensible.
In what may very well be described as a poor paraphrasing of Satoshi Nakamoto’s hidden message within the codebase of Bitcoin’s Genesis block, Zhu identified that there had been “zero want for govt bailouts” throughout Terra and the opposite algorithmic stablecoin initiatives. Sure, there have been no authorities bailouts—we simply received extra regulatory consideration and probably draconian guidelines for stablecoins from them as a substitute. Congratulations to Terra and people who supported it!
Speaking With Related Events (06/15/2022)
We’re within the strategy of speaking with related events and absolutely dedicated to working this out
— Zhu Su (@zhusu) June 15, 2022
Market sentiment felt prefer it was at all-time low when Bitcoin failed under $21,000 in mid-June. In response, Celsius took the unprecedented determination to halt buyer withdrawals, primarily blocking customers from accessing their funds, then rumors of a serious fund blowup began to floor.
The speak was that one of many largest whales within the house had imploded on the downturn, and there have been just a few events that matched the outline. It couldn’t be Alameda, individuals stated—they had been simply too good. And Leap had received burned on Terra however everybody knew that they had extra money than they knew what to do with after backing Solana. The opposite title doing the rounds was 3AC, however few believed it. Certainly there was no method {that a} $10 billion fund like Three Arrows—the Three Arrows run by Su and Kyle—had gone bust?
Later that day, Zhu surfaced and all however confirmed the query everybody had been asking over the earlier 24 hours. “We’re within the strategy of speaking with related events and absolutely dedicated to working this out,” he wrote in characteristically elusive vogue.
It later emerged that the “related events” Zhu was referring to had been the whale-sized lenders like Voyager Digital and Genesis that had entrusted 3AC with their funds in hopes of a tidy return.
Three Arrows Capital filed for Chapter 15 chapter on July 1 after it defaulted on over $3.5 billion price of loans because of the market collapse.
Zhu and Davies’ actual location is unknown, although the pair signaled their intention to relocate to Dubai in a July Bloomberg interview.
Zhu last tweeted on July 12.
Disclosure: On the time of writing, the creator of this piece owned ETH and a number of other different digital belongings.
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INTERVIEW – This metalworking company based in Poland has leveraged the cultural change brought by Lean Thinking to significantly improve its processes. Ahead of his presentation at the LGC, their lean manager tells us how they did it.
Planet Lean: Can you please introduce Inter-Metal to our readers?
Eryk Fedyniak: Inter-Metal s.c. was founded in 2005. We are located in Bonin, near Koszalin, in northern Poland. Inter-Metal s.c. deals with comprehensive metalworking and strives to produce the highest-quality products and to provide full customer satisfaction by adapting to any need or requirement.
PL: What led the company to turn to Lean Thinking? In other words, what was the problem you were trying to solve?
EF: The idea came from two of our middle managers. As the company grew, we began to cooperate with increasingly demanding clients. It turned out that although we spoke the same language, we couldn’t understand them. They asked us about things like complaint management or on-time delivery, and we didn’t know what they were. Following a recommendation from a friend who was engaged in a lean implementation at his company, the two managers started to read some lean books and realized there was room for improvement at Inter-Metal. We didn’t have a way of managing knowledge, nor a long-term strategy. Our bonus system was based on quantity rather than quality and we were overproducing back then. That’s how the idea of practicing lean started to spread in the organization. We hoped it would help us to tackle these issues.
PL: What were the key milestones in your journey?
EF: The first step was to recognize that we had a lot of waste in the company. Then, we had to convince the rest of the management team and our owner that we needed to change the way we worked. The third milestone was finding the right partner to accompany us on this journey. That’s how Lean Enterprise Institute Polska came into the picture. They carried out an enterprise audit that opened our eyes to our current state. Following the assessment, we kicked off an intensive training initiative that reached all Inter-Metal employees, including the front-line employees. From that moment on, we have been practicing lean non-stop, aware that what we have embarked upon is a never-ending journey and that there is always a better way of doing things.
PL: What results were you able to achieve?
EF: First of all, we increased our sales while slashing the number of complaints. This was very important to us, because customer satisfaction is such a big part of our strategy. The amount of scrap also decreased. Thanks to lean, we have learned to work as a team: before we set out on our transformation, each department focused on its work with no understanding of how it impacted the rest of the organization. Problems were routinely pushed over the fence to other areas, a behavior that our bonus system incentivized. With Lean Thinking, all that has changed. It’s amazing to see people look beyond their own interests and departments and think how to work in a way that benefits everyone. Other key results were reducing overproduction by moving to a pull system (we only produce what is needed at the moment) and coming up with a solid system for knowledge sharing so that information is available to everyone.
PL: Your transformation was enabled by cultural change. What were the enablers of this cultural shift?
EF: The first enabler was the familiar atmosphere in our company. About 70 people worked for us at that time, and everyone knew each other well (which isn’t, of course, to say that the behavioral patterns and dynamics that existed didn’t need reviewing). Other important factors were the choice of a good partner for the transformation – we cannot thank Lean Enterprise Institute Polska enough – and the sincere engagement of the entire management team, including the owner, in the transformation process (which was testament to the great faith of the company leaders had in the lean transformation). It was these three elements that encouraged people to be open to changing.
Tools also played a big part in the development of our organizational culture, in particular operational meetings and Hoshin Kanri. The former created teams that could solve problems together and effectively, thus having a positive impact on the results of their department. The latter, critically, changed the mindset of top management. (And we can’t forget the awareness-raising training provided by the LEI.)
PL: Speaking of tools, what were the main ones you utilized?
EF: Besides Hoshin Kanri (which currently works on one level at Inter-Metal) and operational meetings (that are held on three levels), we used other techniques. A well-developed 5S facilitates work, ensuring safety and order – something that even our clients notice when they visit us. We also have standards stabilizing our processes and providing a common point of reference that helps to prevent errors or accidents. We also use A3 reports to solve large and complex problems.
TWI has also been instrumental to our success, enabling fast learning and flexibility in our organization (critical when you don’t have your own product but provide services). Furthermore, improving our work methods increases our profitability, while development opportunities make our operators more satisfied with their work with us.
PL: What can attendees expect to learn from your presentation at the Lean Global Connection?
EF: During my presentation, you will be able to find out what mistakes we made before we began practicing lean as well as during the transformation. I hope this will prevent attendees from making the same mistakes we made. If those watching have not set out on their lean journey yet, I am sure our story will inspire them to do so.
Demand for air journey is powerful, however can Individuals proceed to afford it?
New knowledge reveals that as of September, airfare rose 42% over the earlier 12 months. The ghastly enhance could be attributed to some elements together with the excessive demand (a double-edged sword) and the rise in the price of gasoline, in addition to a scarcity of pilots.
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“There’s additionally, for those who can imagine it, a scarcity of planes throughout some airways,” mentioned Roger Broussard, knowledgeable pilot and the CEO and founding father of Pilot Faculty Hero. “In essence, it’s tougher now for an airline to put on a flight than it was in 2019, and there’s much less capability throughout the trade, which, mixed with a sudden and dramatic surge in demand, was all the time going to result in value will increase throughout the board.”
Regardless of the skyrocketing costs for airfare, there are methods to save lots of in your subsequent spherical journey.
Ebook Properly in Advance
“The earlier you e book your flight, the higher,” mentioned James Brad of Travare. “Airfares typically enhance the nearer you get to your journey dates.
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Observe Worth Adjustments
“Use apps like Hopper or Skyscanner to trace fluctuations,” mentioned Julie Ramhold, shopper analyst with DealNews.com. “A part of planning forward goes to be utilizing apps like Hopper or Skyscanner, as a result of they’ll mean you can monitor particular routes and enable you to to know when it is best to e book your journey. These apps will inform you when it’s finest to e book or for those who ought to wait as a charge could also be more likely to drop, all of which can assist to take away among the stress of reserving a visit.”
“Use Google’s little-known however superb ITA Matrix,” mentioned Nate Hake, founder and CEO of Journey Lemming. “Most individuals don’t learn about it, however it’s truly the most effective website for locating offers. ITA Matrix is owned by Google, and the underlying expertise is definitely what powers many different widespread airline engines like google. Whereas it’s not fairly as slick an interface as the higher recognized websites, it’s extra highly effective and I’ve used it to search out many nice fares over time.”
Clear Your Search Historical past
“Clearing your cache and cookies, or looking in incognito mode, ensures you’re not being tracked whereas purchasing,” mentioned Christina Hubbell of Upaway. “This eliminates alternatives for airways to extend fares primarily based in your search historical past — as they know the place you’re needing to journey and soar at any alternative to lock you in at the next charge.”
Work With a Journey Agent
“A journey agent can all the time assist to navigate totally different airline fares and routes in the marketplace extra totally, discovering the most effective deal for you,” mentioned Mercedes Zach, journey knowledgeable at ASAP Tickets, a part of Trevolution Group.
Use the Proper Credit score Card
“In the event you’re even a considerably frequent flier, having an airline bank card or rewards bank card with redeemable miles as an possibility is a wonderful method to save cash on flights,” mentioned Jon Stephens, director of operations at Snowshoe Trip Leases.
Fly To Main Hubs
“Think about flying to a significant airport hub after which change over to land transport,” mentioned Rax Suen, a backpacker who runs the journey web site NomadsUnveiled. “That is notably efficient for a big a part of Europe the place there are fairly good prepare and bus routes. Flights to main airport hubs are typically cheaper. So you possibly can mix flight and land transport for an total cheaper price than a flight to a smaller airport. For instance, If you’re aiming to go to Brussels, possibly take a flight to Frankfurt first after which take a prepare or bus to Belgium.”
Plan Your Journey Round Your Flights
“Earlier than you decide journey dates or plan any of the main points of your journey, seek for flights first,” mentioned Dan Meyer, the founder and director of Again&Pack. “In different phrases — for those who could be versatile — plan your actions across the least expensive airfare you discover. It sounds so easy, however this modification in mindset can typically save vacationers lots of of {dollars}.”
Extra From GOBankingRates
This text initially appeared on GOBankingRates.com: Why Airfare Is Hovering So Excessive and seven Secrets and techniques for Paying Much less
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Step 4: And it’s done! You will get a notification saying if the redemption was successful or not. The rewards will display in your mail section within 24 hours in case of a successful redemption.
Garena Free Fire MAX Redeem Codes for November 1: Get diamonds, skins, weapons and much more via today’s daily redeem codes! Check out the steps here.
Garena Free Fire MAX Redeem Codes for November 1: The game can get pretty dull for those who do not want to spend real money into it. From not getting those premium skins to try out to losing out on potential game-changing items, there are a lot of downsides. And let us not forget the elite pass which gives out users who buy the premium nearly twice the rewards compared to the players who only get the free tier. And while it makes sense from a revenue perspective to the company, it sucks for those who, for various reasons, cannot afford to spend money on the game. However, this is why developers give out these daily redeem codes which contain really exciting rewards ranging from diamonds, skins, accessories and much more. To know what you can get today, read on.
But before that, Garena Free Fire North America Twitter announced its latest Halloween special elite pass. It tweeted, “An electric and monstrous force invades Free Fire! PREORDER NOW the new Elite Pass to get the NEW Supercurrent Cruiser. Get ready to start getting ALL the rewards this tuesday”.
Garena Free Fire MAX Redeem Codes for November 1
The redeem codes are unique 12-digit alphanumeric codes which contain mysterious rewards of in-game items. Players can win anything from costumes to free diamonds through these codes. The only way to redeem them is by submitting them to the official redemption website. The process has been explained at the bottom.
There is no limit to how many codes a player can claim, but they cannot claim the same code twice. The codes come with an expiry deadline of 12-18 hours and they will not be active after that. Further, some codes might be region restricted and may not work for you. Make sure to claim as many codes as possible to improve your chances of winning exciting rewards.
Check today’s redeem codes below
ZXER56YPOGIAQ
UY26TR3F4RVBFN
KCXIZUAQED2CV
3BHN4JK5TLYHOI
98BU7VYDGHBENR
M5TL6YOH9BI8UV
YC8IOUYG7UVHB
JIOBVHDSGAFQKUJ
D1C2VW3EBGHRJ
65DYHRNJ5K6IUYG
ZKRLTPYHOI8BU
VYDGSWH34HGD
4RZACTYVTUBI2O
3R5GVNOBIXGUZ
FADQC2W3VEBUI
ZCGHBNM6YGIUYG
AQED2CVB3J4VHJM
YHOIKJ6PO9876A5
Q4E2DC3V4BRFHDE
5NJUJN6M78LO76I
548U3YHGB3N4J5U
Garena Free Fire MAX: How to grab free redeem codes for November 1
Step 1: Visit the Redemption website of the game by clicking on the link- https://reward.ff.garena.com/en.
Step 2: Log in to your game account using either Facebook, Google, Twitter, Apple ID, Huawei ID, and VK.
Step 3: You will now have to enter any of the redeem codes into the text box and then click on the confirm button.
Step 4: And it’s done! You will get a notification saying if the redemption was successful or not. The rewards will display in your mail section within 24 hours in case of a successful redemption
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Many companies use sales commission programs which can be the key to a successful sales team. Sales commissions are a legitimate incentive. So many different features are available with the right software that it is difficult for any company to take them down in their business model. It is often used by companies that have more than one division and multiple sales teams across the country or around the world. There is always something that can be improved with the current system that may lead to more chances of success and increased revenue in general as well. It also allows more than one person to interact with any particular project or sale at one time rather than being limited to just one person sitting in front of the computer.
1. Traditional difference:
Easy to implement new sales Affiliate Program But it can be hard to get everyone to use it. This means that you will have some employees who are completely new to the program while others are already familiar with it. Some employees may have been in their position for an extended period of time and have developed a system for the way they like to work. Sometimes, this does not lead to the use of the entire program. These companies need to make sure that they do their best to educate everyone on the team and make sure everyone is comfortable using it before moving on completely. This process can take a long time but the results are often worth it.
2. Sales teams must be able to communicate with each other:
This is a modern age and it is easy to communicate. Traditionally, a company that uses a sales commission program will have multiple teams working on different things. This raises some key issues. If a seller has a question about a particular sale that involves another seller, they need to be able to engage in an actual conversation and not just send an email or text message. It is important for every salesperson to have the ability to communicate with everyone else working on his team. This can really help end any kind of confusion.
3. Team management:
This is something that has evolved in the past few years. It’s no longer just a bunch of salespeople working on their own trying to make as much money as possible. They need to know how the rest of the company operates and interact with the marketing department and other teams to make sure that they are not only getting customers but new prospects as well. This makes it important for people to be able to communicate effectively with each other in their sales programs.
4. Easy access for all:
The best sales commission software will allow the user to access from any device at any time. This is an important feature for any business. If a team member has a question, they should be able to access the software and get the answer right away without having to wait for them to get back to their computer or laptop. This means that the seller will be able to communicate quickly and effectively with the sales team and other employees as well.
5. Sales Commission Consolidation:
This is a complex but important problem for any successful team. The more people who have access to a sales commission program means there are opportunities for many more people to participate in a sale. Sales organizations are more than just the ones that are actually sold and it is important for the company to not only work on sales commission but also realize that it is essential for other key areas as well. This means that the entire team will be able to take advantage of the software to help grow the business and provide better customer service at the same time.
ElevateHQ is a sales commission program that can help any company get more out of their sales teams. Our software takes your business to the next level by providing real-time tracking, Ways to increase sales Marketing channels, customer service tools, and more. It’s an ideal tool for any company looking to increase their revenue in the modern era.
