Day: January 10, 2023

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Cellebrite to Release Fourth Quarter and Fiscal Year 2022 Financial Results on February 15, 2023

PETAH TIKVAH, Israel and TYSONS CORNER, Va., Jan. 10, 2023 (GLOBE NEWSWIRE) — Cellebrite DI Ltd. (NASDAQ: CLBT) (the “Company”), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, today announced that it will report its fourth quarter and fiscal year 2022 financial results before market open on Wednesday, February 15, 2023.

On that day, management will host a conference call and webcast to discuss the Company’s financial results at 8:30 a.m. ET.

Telephone participants are advised to register in advance at: https://register.vevent.com/register/BIa98ecd8f02c04567a1515497e1f850c8.

Upon registration, participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique registrant ID.

The live conference call will be webcast in listen-only mode at: https://edge.media-server.com/mmc/p/6j7zngzy.

The webcast will remain available after the call at: https://investors.cellebrite.com/events-presentations.

About Cellebrite

Cellebrite’s (NASDAQ: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more visit us at www.cellebrite.com, https://investors.cellebrite.com, or follow us on Twitter at @Cellebrite.

Caution Regarding Forward Looking Statements

This document includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “will,” “appear,” “approximate,” “foresee,” “might,” “possible,” “potential,” “believe,” “could,” “predict,” “should,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward looking statements include estimated financial information. Such forward looking statements with respect to revenues, earnings, performance, strategies, prospects, and other aspects of Cellebrite’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: Cellebrite’s ability to keep pace with technological advances and evolving industry standards; Cellebrite’s material dependence on the acceptance of its solutions by law enforcement and government agencies; real or perceived errors, failures, defects or bugs in Cellebrite’s DI solutions; Cellebrite’s failure to maintain the productivity of sales and marketing personnel, including relating to hiring, integrating and retaining personnel; uncertainties regarding the impact of macroeconomic and/or global conditions, including COVID-19 and military actions involving Russia and Ukraine; intense competition in all of Cellebrite’s markets; the inadvertent or deliberate misuse of Cellebrite’s solutions; political and reputational factors related to Cellebrite’s business or operations; risks relating to estimates of market opportunity and forecasts of market growth; Cellebrite’s ability to properly manage its growth; risks associated with Cellebrite’s credit facilities and liquidity; Cellebrite’s reliance on third-party suppliers for certain components, products, or services; challenges associated with large transactions and long sales cycle; risks that Cellebrite’s customers may fail to honor contractual or payment obligations; risks associated with a significant amount of Cellebrite’s business coming from government customers around the world; risks related to Cellebrite’s intellectual property; security vulnerabilities or defects, including cyber-attacks, information technology system breaches, failures or disruptions; the mishandling or perceived mishandling of sensitive or confidential information; the complex and changing regulatory environments relating to Cellebrite’s operations and solutions; the regulatory constraints to which we are subject; risks associated with different corporate governance requirements applicable to Israeli companies and risks associated with being a foreign private issuer and an emerging growth company; market volatility in the price of Cellebrite’s shares; changing tax laws and regulations; risks associated with joint, ventures, partnerships and strategic initiatives; risks associated with Cellebrite’s significant international operations; risks associated with Cellebrite’s failure to comply with anti-corruption, trade compliance, anti-money-laundering and economic sanctions laws and regulations; risks relating to the adequacy of Cellebrite’s existing systems, processes, policies, procedures, internal controls and personnel for Cellebrite’s current and future operations and reporting needs; and other factors, risks and uncertainties set forth in the section titled “Risk Factors” in Cellebrite’s annual report on Form 20-F filed with the SEC on March 29, 2022, as amended on April 14, 2022 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

Investors
Investor Relations
investors@cellebrite.com

Media
Victor Cooper
Public Relations and Corporate Communications Director
+1 404 804 5910
Victor.cooper@cellebrite.com

GlobeNewswire Distribution ID 8726640

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Free EPL tickets for football fanatics – Syinix giveaway        

NAIROBI, Kenya, Jan. 10, 2023 /PRNewswire/ — Did you cry when Messi raised the trophy after the penalty shootout? This has nothing to do with nationality, nor with age, football always has such magic, it makes the generation gap brought by various gaps temporarily disappear, it reminds us of youth and devotion. Luckily, our attention quickly turns to the resumption of the Premier League season. There was Martinez; Lloris, the French player who made it to the final and gave an outstanding performance; Croatia’s Modric, who finished third after a superb performance on the left flank; And Ziyech, who led the African team Morocco to the semi-finals.

Campaign

Premier League fans definitely know the Leicester City Football Club. It is a promising team that won the Premier League in 2015, one of only seven clubs to win the title and won the club’s first FA Cup title in 2021. In this season, Leicester City, although affected by injuries, but also achieved good results, with the return of Daniel Amartey, Nampalys Mendy, Wilfred Ndidi and other players, it is believed that Leicester City will also create excellent results in the following games.

As the official brand partner of Leicester City Football Club, Syinix has always been confident about Leicester City’s performance on the football field. Bin Xing, the global chief brand officer of Syinix, said in an interview with the media on 9th Jan 2023, ” I am a super Premier League fan. We are deeply touched by the confidence, tenacity and unyielding spirit of Leicester City, that is why Syinix chose to cooperate with Leicester City. This year is the third year of our cooperation with the Leichester City. In order to reward our fans, Syinix will give away some of the tickets to let everyone continue to experience the passion of football brought by the  Premier League Live “Syinix is very influential in the African home appliance industry. In just a few years since its establishment, it has become the first Android TV brand in Africa. Guided by the brand idea of “quality & innovation”, Syinix aims to provide consumers with higher quality home appliances and a more convenient lifestyle, and is currently working towards the goal of becoming the first home appliance brand in Africa. Syinix owns many categories, including smart TV, air conditioner, refrigerator, washing machine, electric fan, kettle, etc. The world’s first swallow maker, which was launched in 2022, fills the gap in this category and has achieved great success after its launching.

Campaign Information

Prizes: Premier League football tickets * 5;
Rules: Select a slogan that best fits the Syinix brand best via https://forms.gle/DRs28An7BHXqfPqi6;
Campaign Date: 9th Jan- 21st Jan.

Photo –  https://mma.prnewswire.com/media/1979705/Campaign.jpg

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VIP Lifestyle: Secure your Wealth and future in Saint Lucia as an affluent South African and avoid becoming a statistic

Castries, Jan. 10, 2023 (GLOBE NEWSWIRE) — South Africa is one of the wealthiest countries on the continent, with more millionaires per capita compared to any other African country. As a nation with a rich history and culture, the affluent population in South Africa account for 10% of the total population.

In the past, South Africa was seen as a stable and attractive investment destination, but this perception has slowly been eroding over time. Political uncertainty and instability are just some of the reasons why many affluent families and individuals are looking for alternative investment destinations.

How political uncertainty in South Africa affects the affluent

South Africa is in the midst of challenging economic times. With a recession, growing unemployment rate and regular political leadership battles have exacerbated the economic uncertainty as well as increased political uncertainty.

One of the best ways to protect wealth is by diversifying risk. This can be done by having more than one passport and living in a country with favourable business regulations.

As affluent families also seek to secure the best educational prospects for their children, HNWIs also consider education options abroad to help their children to receive a better education and have a better chance at succeeding in the future.

The cost of quality education can be very high in South Africa, which has led some affluent families to choose overseas schooling for their children.

Saint Lucia’s CBI programme

Saint Lucia is a popular tourist destination due to its tropical weather, scenery and numerous options of beaches and resorts. It is also known for its unique cuisine, exciting sports and adventure activities. Affluent South Africans are very familiar with St Lucia, which also has English as its official language.

The historical links between the Caribbean and South Africa are still present in areas such as language, music, sport, international relations and diaspora.

Since 2016, Saint Lucia has been offering wealthy South Africans citizenship by investment programme (CBI). Through this programme, investors can gain citizenship of this dream island destination. Saint Lucia’s programme is a blend of best practices from its surrounding islands and provides a wide range of benefits for investors and locals alike.

The Saint Lucia CBI programme provides an opportunity to apply for Saint Lucia citizenship and a huge range of benefits including:

  • Global mobility
  • Right to hold dual citizenship
  • Citizenship for life, with the right to live and work in the country
  • Four investment options

With a minimum investment of USD 100,000, investors can maintain dual citizenship and have no minimum residency requirements.

Applicants can choose one of four investment options when applying through the CBI programme:

  • Contribution to the Government’s National Economic Fund
  • Pre-Approved real estate option
  • Enterprise option
  • Government bonds option

The National Economic Fund (NEF) was established to receive qualifying investments to fund Government-sponsored projects on the island and applicants can obtain citizenship by making a monetary contribution to the NEF via one of the prescribed contribution levels.

With the pre-approved real estate option, applicants can obtain citizenship by purchasing Government-approved property valued at a minimum of USD 200,000. This property must be owned and maintained for a minimum of five years after citizenship has been granted.

With the third investment option, applicants can obtain citizenship by making an investment, either independently or jointly, in a pre-approved enterprise project. An independent investment must be valued at USD 3.5 million and create at least three permanent jobs on the island. For joint investments, each investor must contribute at least USD 1 million, resulting in a joint investment worth USD 6 million and creating at least six permanent jobs.

The last investment option for citizenship is through government bonds. Once citizenship has been granted, investments in government bonds must be held in the applicant’s name for a fixed period of time that varies according to the applicant’s family structure and the bonds must not attract a rate of interest for the duration of this period. From 1 January 2023, the National Action Bond (NAB), which is a new non-interest-bearing Government bond, is available as well.

Family members that can be included in the application include the applicant’s:

  • Spouse
  • Children of the main applicant or spouse aged 21 or below
  • Children of the main applicant or spouse between aged 22-29that are fully supported by the main applicant
  • Children of the main applicant or spouse that are physically or mentally challenged, and fully supported by the main applicant
  • Parents of the main applicant or spouse aged 55 or above and fully supported by the main applicant
  • Parents any age if physically or mentally challenged and fully supported by the main applicant
  • Siblings of the main applicant aged under 18, unmarried, and in receipt of consent from their parent or guardian to make an application

From submission of the application to approval in principle, applicants are generally expected to wait three months.

For more information, contact CS Global Partners at https://csglobalpartners.com/contact/

PR Saint Lucia
Saint Lucia
+1 758 458 6050
info@cipsaintlucia.com

GlobeNewswire Distribution ID 8726267

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How investing abroad can help Nigeria grow: Commonwealth of Dominica

Roseau, Jan. 10, 2023 (GLOBE NEWSWIRE) — With the economic and political uncertainty that so many Nigerians are feeling about the upcoming elections, many affluent businesspeople are considering whether to continue investing their hard-earned money further in the country or to invest elsewhere.

Risk diversification has always been on the minds of the affluent and, in some cases, investing elsewhere may actually have a positive impact back home in Nigeria.

How the diaspora has been supporting Nigeria

Nigerians are living across the globe. With a rising affluent class, more and more Nigerians are seeking investment, work, and living opportunities elsewhere. But this doesn’t stop Nigerians from investing back in Nigeria from other locations.

According to a World Bank report, Nigeria remains the largest recipient of remittances in the sub-Saharan region. It is the sixth-largest recipient among all low- and middle-income countries (LMICs), with an estimated amount of US$23.8 billion received in 2019, an increase of more than half a billion compared with 2018. In comparison, Ghana and Kenya are ranked a distant second and third in the region, according to the report, with US$3.5 billion and US$2.8 billion received, respectively. Remittances refer to the sending of money, and in this case, to money being sent to Nigeria from abroad.

According to a report by an international audit firm, migrant remittances translated to 83% of the Federal Government budget in 2018 and 11 times the foreign direct investment (FDI) flows in the same period. The report also states that Nigeria’s remittance inflows was 7.4 times larger than the net official development assistance (foreign aid) received in 2017 of US$3.4 billion.

These are no small facts. The impact that Nigerians abroad have on the country’s local development is enormous.

CBI as a diversification of risk

One way in which astute investors diversify risk is through obtaining citizenship in another country. Only a handful of countries in the world currently offer citizenship by investment (CBI). The longest-standing and most credible citizenship by investment (CBI) programmes are found in the Caribbean.

There are many benefits to having dual citizenship, including greater global mobility, new economic opportunities, a better quality of life, and improved personal security. Many families and entrepreneurs turn to CBI programmes as an alternative form of asset diversification.

Global uncertainty is driving the desire among wealthy individuals to incorporate second citizenship as part of their portfolios. However, countries offering CBI programmes still require that applicants be strictly vetted before being granted citizenship. This is to maintain certain standards of the CBI programme and to ensure that applicants comply with certain national and international standards to support safety and security, as criminal background checks are also included in the vetting process. The due diligence process of the Commonwealth of Dominica, which forms part of its CBI offering, is one of the best in the world.

Different countries award citizenship in different ways. Some countries award citizenship by virtue of birth in that country, descent from a parent who is a citizen, or by naturalisation, for example through marriage to a citizen or through an extended period of residence in that country. CBI programmes allow successful applicants to obtain citizenship by virtue of a significant investment in a country.

For example, the Dominica CBI due diligence process covers four steps: know-your-customer checks performed by local authorized agents; internal checks including anti-money laundering and counter-terrorism financing vetting by the Citizenship by Investment Unit; mandated international due diligence firms perform online and on-the-ground checks; and regional and international crime prevention bodies check that you are not on any wanted or sanctions lists.

For additional security, local Caribbean banks, including those in Dominica, also exercise their own vetting processes on each CBI applicant before allowing funds from the applicant to enter the local banking sector. As this forms such an important part of the success of each application, this vetting process is usually done before the applicant’s application is submitted to the recipient government’s CBI unit for processing. This dual process of vetting by the bank as well as vetting by the government agency in charge of CBI adds a necessary and additional level of security to CBI programmes in the Caribbean.

Supporting home from idyllic Dominica

For Nigerians, the Caribbean has been a drawing card for a long time. Some of the first Africans to reach the Caribbean islands arrived in the early 1500s and the Caribbean has been a popular destination for global travelers for hundreds of years. Nigeria has also been one of the most influential cultures in the region, with over 6 million people tracing their lineage back to Nigeria.

In Dominica, the government invests heavily in tourism to drive economic development, focusing on the island’s unmatched natural beauty, and the popularity of diving, hiking, wellness, and eco-tours.

For Nigerian investors, Dominican banks are well-versed in international transfers and can manage a variety of business requirements, whether these are for transactions with those in Nigeria or elsewhere.

From Dominica, investors also save a lot on taxation. There is no taxation on capital and these savings can be sent abroad. Dominica also has no corporate, estate, or withholding taxes. There is also no taxation on gifts, inheritance, and income earned abroad.

For more information on Dominica’s CBI offering, contact CS Global Partners at https://csglobalpartners.com/contact/

PR Dominica
Commonwealth of Dominica
001 (767) 266 3919
mildred.thabane@csglobalpartners.com

GlobeNewswire Distribution ID 8726206

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Suspect appears in court in connection with Wolmaransstad cash in transit

NORTH WEST – Khumo Maleshane (29) appeared before the Wolmaransstad Magistrate’s Court on 09 January 2023 following his arrest by the Hawks’ Serious Organised Crime Investigation assisted by members of SAPS Crime Intelligence, K9 unit and Visible Policing in connection with a cash-in-transit robbery that took place about 5 km from Wolmaransstad on the morning of 05 January 2023.The accused was arrested in Potchefstroom that same afternoon.It is alleged that on Thursday, 05 January 2023 at approximately 07:10, a group of suspects allegedly rammed into a cash van that was en-route to Wolmaransstad from Klerksdorp causing the cash van to veer off the road, the armed suspects allegedly then bombed the cash van and made off with an undisclosed amount of money and two firearms belonging to the security officers.A manhunt was immediately launched which led to the arrest of the accused, within a couple of hours. He was arrested around 15:00 in Potchefstroom after he was found in a vehicle that allegedly fitted the description of one of the vehicles at the crime scene. He was also reportedly found in possession of a bag with over R60 000 in cash. Both the vehicle and the money were seized for further investigation.The accused is facing charges of robbery with aggravating circumstances, attempted murder, malicious damage to property and contravention of the Explosives Act. The matter was postponed to 13 January 2023, and the accused was remanded in custody.Investigations are still ongoing and more arrests cannot be ruled out.Source: South African Police Service

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PowerChina aide le Ghana à réinventer son économie grâce à une mise à niveau rapide des infrastructures de transport 

PÉKIN, 9 janvier 2023 /PRNewswire/ — Un reportage de haiwainet.cn :

Le 26 septembre 2022, la cérémonie d’achèvement du projet de construction et de réhabilitation de routes et d’échangeurs sélectionnés de PowerChina au Ghana (Phase 1 du lot 7, qui concerne des routes de centre-ville dans la région Occidentale et à Cape Coast) s’est conclue avec succès à Cape Coast. Le vice-président ghanéen Mahamudu Bawumia, l’ambassadeur chinois au Ghana Lu Kun, ainsi que des milliers de personnes de tous horizons ont participé à l’événement.

Le lot 7 est l’un des quatre lots dont la construction a commencé lors de la première phase. S’inscrivant dans une politique clé de développement routier du gouvernement ghanéen actuel, le projet revêt une grande importance non seulement pour le développement social et économique du Ghana, mais aussi pour l’approfondissement de ses relations avec la Chine.

Les quatre lots de la première phase ayant été achevés, les travaux progressent sans heurts pour les trois lots en cours de construction (lot 4 échangeur PTC à Takoradi ; lot 6 routes de centre-ville à Sunyani, lot 2 routes de centre-ville à Kumasi) et seront achevés dans les délais prévus.

Le vice-président, M. Bawumia, a souligné que la première phase du projet de construction et de réhabilitation de routes et d’échangeurs sélectionnés au Ghana prévoit la construction et la réhabilitation de plus de 400 kilomètres de routes à deux voies à l’échelle du pays, ainsi que la construction de deux nouveaux échangeurs. Ces réalisations historiques (les lots 3 et 4 constituent, respectivement, les premiers échangeurs construits dans le nord du Ghana, et dans la ville de Takoradi), transforment en réalité un rêve de longue date du peuple ghanéen. Le projet permettra d’améliorer considérablement les conditions de circulation dans des zones clés du Ghana, de réduire la densité du trafic routier, de rehausser les conditions de déplacement et la qualité de vie des résidents urbains, et de promouvoir le développement économique régional.

De plus, le projet de construction et de réhabilitation de routes et d’échangeurs sélectionnés de PowerChina au Ghana encourage activement la formation de talents locaux et la création d’emplois dans le pays. En plus de recruter et de former activement un personnel de gestion technique et professionnelle ghanéen, il accorde une priorité à la coopération avec les collectivités locales, respecte les exigences locales en matière d’emploi et de formation technique, et forme un grand nombre d’experts techniques. Lors du processus de construction de suivi, le projet servira de pont entre la Chine et le Ghana, augmentant la crédibilité de l’entreprise tandis qu’elle poursuit un développement stable et axé sur le long terme au Ghana.

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“The value of cooperation in a fractured world”

Today’s crises are development emergencies

We are witnessing an ongoing collision of crises for which traditional response and recovery are not enough.

Our future is at stake, as wars, epidemics, the climate emergency and economic upheaval leave almost no country untouched.

These numbers are not going to get smaller until we change our way of thinking and acting—these new multidimensional challenges require comprehensive solutions.

We know that investing in development is the best way to prevent crises and maintain peace.

An ounce of prevention is worth a pound of cure.

Emerging from crisis depends on development. Development must be invested in, systematically and comprehensively.

Our common goal

Multilateralism and development cooperation have never been more important. The complexity of the path ahead makes it imperative to act together, in partnership.

From the war in Ukraine that sparked a global cost of living crisis to the climate emergency, the floods in Pakistan, the global pandemic, hunger in the Horn of Africa, to the crisis in Yemen — we face never before seen challenges to our future. Effective answers to these challenges cannot be achieved by countries acting individually.

Developing economies accounting for more than half of the world’s poorest people need urgent debt relief as a result of cascading global crises. Without action, poverty will spiral and desperately needed investments in climate adaptation and mitigation will not happen.

To mount an effective response to this perfect storm of evolving threats, we must radically change the way we think and act.

UNDP is always building on its partnerships and decades of experience in countries. We are on the ground, working with countries to address challenges and prevent them from becoming crises whenever possible. And when crises erupt, we stay and deliver, tailoring our responses to long-term stability and prosperity.

Greater investment before, during and after crisis are urgently needed. An end to crisis everywhere is for our common good and should be our common goal.

International development is at risk

The proliferation of crises we are seeing should not become a crisis for multilateralism and international development. We must act early, with a clear view of the big picture.

Adequate, flexible and predictable funding is the bedrock that makes it possible for UNDP to ensure that the most vulnerable are not left behind, finding a sustainable pathway from crisis and vulnerability to peace and prosperity.

UNDP, in its Sustainable Development Goal (SDG) integrator role, connects the dots, helping countries tackle complex challenges and laying out a more sustainable future. With our people-centred approach, we work to deepen human security and to build more resilient and stable societies. In times of crisis, we invest in people through the hardest times of their lives—to not only survive, but to live in dignity and free from want and fear.

New ways of working

We believe that well-planned crisis response can provide an opportunity to transform the development of a country and overcome even pre-existing gaps and vulnerabilities. UNDP is charting new ways forward, using methods such as foresight and horizon scanning, which assesses whether people are prepared for future changes and threats. We are investing in early warning systems, while supporting programming that addresses the causes of conflict, disasters and other multidimensional risks.

We are present in all 60 of the countries designated as fragile states, and more than half our annual budget is delivered in fragile and crisis contexts. We ensure vulnerable communities can get back on their feet and reduce countries’ reliance on external relief. And we work with partners in 26 countries to address violent extremism.

Partnerships are fundamental

As the world faces daunting development finance prospects, investments should focus on protecting a strong and effective multilateral system. This system remains trusted by countries and partners for its reliable delivery of services and record of results, from expanding access to COVID-19 vaccines to caring for people affected by disaster.

Research shows that the multilateral channel, when compared with the bilateral channel, is less politicized, more demand driven and better at delivering global public goods. The institutional and bureaucratic challenges the multilateral system faces must be addressed head on. But a retreat from a shared system of rules and norms that has served the world for seven decades is the wrong response.

The war in Ukraine has reminded us how one crisis can spark another, sometimes of an entirely different nature and on the opposite side of the globe. Our trusted multilateral system is our best hope for preventing similar crises in the future and emerging quicker and stronger when they happen.

Source: UN Development Programme