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Taiwan’s Tsai Wins Landslide In Stinging Result For China

Taiwan’s President Tsai Ing-wen won a landslide election victory on Saturday as voters delivered a stunning rebuke of Beijing’s campaign to isolate the self-ruled island and handed its first female leader a second term.

Tsai, 63, was greeted by thousands of jubilant flag-waving supporters outside her party headquarters, hailing a result which looks set to infuriate China.

“Today we have defended our democracy and freedom, tomorrow let us stand united to overcome all challenges and difficulties,” she told the cheering crowd.

Official results showed Tsai secured 57 percent of the popular vote with a record-breaking 8.2 million ballots, 1.3 million …

Result Transmission Tops New Electoral Bill

ThereΒ are renewed hopes that the new Electoral Act amendment Bill would contain the much-expected electronic-voting and direct transmission of results from polling units to central database.

The Senate concluded debate on the general principles of the Bill, yesterday, sending strong signals that it may be passed into law before end of the year.

The Senate also referred the Electoral Reform Bill to its committee on Independent National Electoral Commission (INEC) demanding it reports back within four weeks.

The new Bill seeks to strengthen internal democracy, reduce the cost of politics, widen political participation and the conduct of free fair …

S/African Steinhoff posts $1.3 billion loss in 2018 result

S/African Steinhoff posts $1.3 billion loss in 2018 result

South African retailer Steinhoff International Holdings NV on Tuesday reported a narrow loss of 1.2 billion euro ($1.34 billion) for the 2018 fiscal year, in a much-delayed earnings report revealing the impact of an accounting fraud put at $7.27 billion.

Steinhoff, which is also listed in Frankfurt, delayed the results after finding holes in its accounts in December 2017, shocking investors who had backed its reinvention from a small South African furniture outfit into a discount furniture retailer straddling four continents.

The owner of Mattress Firm in the U.S., Fantastic chains in Australia and Conforama in France said the …

Atiku’s strategy to challenge controversial poll result

Alhaji Atiku Abubakar yesterday vowed to challenge in court the outcome of the last Saturday’s presidential election he contested on the platform of the Peoples Democratic Party (PDP).

In a statement he personally signed and released to journalists, Atiku said: β€œI hereby reject the result of the February 23, 2019 sham election and will be challenging it in court.

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