Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
LAST YEAR THE wood from Tanzania’s national tree, the Mpingo tree, became a certified timber. As the most expensive wood used for carving, the certification of the Mpingo wood has opened up some much needed opportunties for craftsmen in the country.
Irish photojournalist Lar Boland visited the country recently to document the Mpingo Conservation Programme. His visit was partially sponsored by the Simon Cumbers Media Fund which is funded by Irish Aid.
To embed this post, copy the code below on your site
We/government owned 99%, so if AIB have 28% When did they repay 27% of their loan? It would also be nice to see the tax payer get part of the loan back too.
@Rob Cunningham: It wasn’t a loan. We (i.e. the state) effectively bought AIB shares, which have since been sold back into the market, hence we now hold 71% of AIB. A share buyback could reduce this slightly but we will remain majority shareholders.
So now that it is turning a profit its time to sell the governments share to private individuals until it goes belly up again. The government can buy it back and bail out the shareholders agian then is it? If it is making more money for the state than the interest on the loans to bail it out surely it would make more sense for the state to keep it.
So can they look after our USC repayments now?
Great, does that mean they will get rid of USC? Remember the temporary tax?
@Míleata Watch Co: mm literally said in the last two weeks that they wouldn’t do away with usc because the country can’t afford to! Such nonsense!
Why sell a profitable asset? Add its profits towards a sovereign wealth fund after we have been payed back twice what we spent.
Why sell the shares back when making profit?
Why not use the profit to help give those renting get a mortgage and own their own home?
I’d like reimbursement for my shares thanks
Let them buy it back at €6 a share if they want them that badly.
Profit my foot. Loans written down to tiny fractions of original amounts being paid off as small landlords sell off their properties now at new values, is not profit. And we wonder why there is a housing crisis.
have your say