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FRUIT OF THE GLOOM: ONE-TIME PRESTIGIOUS DONEGAL COMPANY SHOWS LOSSES AGAIN

first_imgFRUIT of the Loom, the company which once employed 3,600 people in Ireland, a quarter of them in Donegal and Derry, has announced another loss.The company, which still has a small base in Buncrana, says it lost €6.78M last year to add to its overall accumulated losses of €249M. FOL International, the name of the company, accounts show that the loss last year occurred after restructuring costs of €6.35m. The last 650 local jobs were lost in 2004.Revenues of the US company’s European operations dipped from €248.48m to €241.6m.The €6.35m restructuring costs last year represented mainly redundancy payments due to Fruit of the Loom’s decision to exit the retail mass market business.  FRUIT OF THE GLOOM: ONE-TIME PRESTIGIOUS DONEGAL COMPANY SHOWS LOSSES AGAIN was last modified: October 1st, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:buncranaDerrydonegalFruit of the LoomLosseslast_img read more

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Criminal justice revamp ‘under way’

first_img10 February 2009The government is determined to deal with crime in South Africa through the creation of a modern, efficient and integrated criminal justice system.Speaking during a parliamentary debate on the President’s state of the nation address in Cape Town on Monday, Safety and Security Minister Nathi Mthethwa said all South Africans shared President Kgalema Motlanthe’s concern about the crime levels in the country.Mthethwa said the government was reviewing the performance of South Africa’s criminal justice system along the whole value chain, including the functioning of the police, the judiciary and correctional services, with the aim of improving integration and coordination.The team conducting the review had already identified an urgent need to improve the collection, storage and use of fingerprinting and DNA evidence in South Africa.The Department of Justice had subsequently put forward amendments to the Criminal Law (Forensic Procedures) Bill that would give police investigators access to the extensive databases of other state departments, and expand their power to take and retain fingerprints and other biometric material.Special attention, Mthethwa said, was also being given to the fight against serious and violent crime, organised crime and criminal syndicate activity.The minister said the government would act speedily to establish the Directorate of Priority Crime Investigation, which will be replacing the Directorate of Special Operations, popularly known as the Scorpions. He added that the new unit would takes on board the positive aspects of the Scorpions while shedding the old unit’s weaknesses.Mthethwa said the government had embarked on a nationwide campaign to increase the capacity of the South African Police Service (SAPS) through recruitment, rigorous training and better remuneration.“Steps are being taken to better equip and increase the capacity of detective services, forensics, prosecution and judicial services … [T]raining is earmarked to commence in earnest this year.”Source: BuaNewslast_img read more

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