Latest news with #Teixeira
The Citizen
a day ago
- Business
- The Citizen
Midvaal SoMA highlights progress, challenges
MIDVAAL – The 2025 State of the Municipality Address (SoMA) delivered by Executive Mayor Peter Teixeira, under the theme 'Midvaal is home' painted a picture of progress, perseverance, and future ambitions as the municipality approaches the final year of its five-year term. During his delivery, the mayor emphasised the municipality's unwavering commitment to excellence, despite the economic and infrastructure challenges it continues to face. Teixeira beamed with pride as he noted Midvaal's 11th consecutive clean audit, a debt-free record with Eskom and Rand Water, and the numerous accolades received in 2024, including three Golden Awards from and five South African Local Government Association (SALGA) Awards. These achievements highlight culture of good governance and accountability. Despite declining revenue collection and infrastructure challenges, Midvaal has remained committed to community engagement through initiatives such as the Youth Summit, walking with the mayor, and social upliftment programmes including the Spread the Love campaign. The municipality also supports vulnerable residents via social relief packages and property rate rebates. Teixeira stated that public safety remains top priority, with millions invested in surveillance and community policing. 'The Fire Services team reached over 13 000 residents through outreach and safety programs and added a 12 000l tanker to its fleet. The Traffic Department introduced tech-driven law enforcement tools and collaborated with SAPS on crime prevention.' In Midvaal, Infrastructure upgrades continue, with R44 million allocated to roads and stormwater reiterated that major focus for MLM has been economic development, with the formation of the Midvaal Investment and Business Retention Committee. According to Teixeira, notable projects include the R370 million River Stone Mall and the R2 billion Heineken-Soufflet expansion. Victor Antezana, Director of Xportes International hailed Midvaal as an investment hub because of its growth potential. 'Midvaal has the same characteristics as Cape Town which has a booming property market.' He said that he invested his hard-earned money in this municipality which is at the beginning of a growth cycle. He predicted that the municipality is about to have explosive growth. Citing this as the reason for investing his hard-earned money in the municipality. Antezana further said that he was happy that Midvaal is not amongst the municipality's that are said to be crumbling in South Africa. He congratulated the MLM for its continued excellence. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Fashion Network
24-06-2025
- Business
- Fashion Network
Portugal's Cerveira turns 6th-century discovery into wearable heritage
A sixth-century bead known as the Conta de Cerveira, linked to the Germanic tribes who established kingdoms on the Iberian Peninsula between the 5th and 8th centuries, is now being revived as a piece of wearable heritage. The northern Portuguese town of Vila Nova de Cerveira, where the bead was discovered during an archaeological excavation in 1985, is launching gold and silver earrings inspired by the original artifact. These exclusive replicas—also available in gold-plated versions—are being offered through local jewelers and are already available for pre-order. Now part of the town's heritage collection, the bead had been kept securely in municipal archives for decades. Thanks to its international biennale and creative community, Vila Nova de Cerveira is often referred to as the 'Village of the Arts.' Under the leadership of Mayor Rui Teixeira, Vila Nova de Cerveira is breathing new life into this 1,500-year-old symbol. The new earrings reflect the town's ongoing strategy to preserve and promote cultural heritage in a contemporary, accessible format. The earrings aim to connect generations through meaningful design, available in two sizes—one mirroring the bead's original dimensions, and a smaller version tailored for younger wearers. The pieces are crafted in collaboration with local goldsmiths and can be made in gold, silver or gold-plated finishes. This new launch builds on the success of a previous initiative: In 2024, the municipality unveiled a necklace based on the same bead, which was met with strong local interest. 'This initiative reaffirms our commitment to preserving and sharing our historical heritage,' said Mayor Rui Teixeira. 'By blending tradition, craftsmanship and modern aesthetics, we're creating a symbolic link across generations.' 'The success of the Conta de Cerveira municipal necklace exceeded expectations,' he added. 'It revealed a deep desire in the community to reconnect with our cultural identity. That enthusiasm encouraged us to go further—this time with earrings that appeal to a wider audience, including younger generations.' 'Our goal is to ensure that this ancient symbol is more than just an archaeological find,' Teixeira concluded. 'It becomes a lasting expression of our culture—wearable heritage that bridges generations through elegance, tradition and creative innovation.'
CNBC
13-06-2025
- Business
- CNBC
JPMorgan upgrades Newell Brands to overweight thanks to tariff-hedging abilities
Newell Brands ' tariff-hedging advantages gives it a leg up over its peers, according to JPMorgan. The bank upgraded shares of the consumer and commercial goods manufacturer to an overweight rating from neutral. Simultaneously, analyst Andrea Teixeira raised her price target to $7 per share from $6. Newell, which owns brands such as Rubbermaid, Paper Mate, Sharpie, Elmer's, Yankee Candle and Crock-Pot, has stumbled 45% so far this year. However, Teixeira's revised forecast implies an upside of 29% from the stock's Thursday closing price of $5.43. NWL YTD mountain NWL YTD chart One reason for the upgrade comes from a recent meeting with several members of Newell's senior management. "We came away more confident that NWL is finally on the right track to deliver on the turnaround with a more focused portfolio, efficient systems and logistics that should set NWL as a winner in its categories, in particular as the company is a tariff beneficiary with most of its manufacturing in the U.S. vs. abroad for most competitors, including private label," Teixeira wrote. As additional catalysts, the analyst pointed to Newell's increased speed of recent innovation, alongside its distribution gains in key retailers. She added that Newell is also in a good position to hedge tariff risks, and could even gain more market share since most of its peer companies source from abroad. "We think NWL is tariff advantaged with its 15 U.S. plants and two U.S. MCA-compliant plants in Mexico, and is likely to benefit as the company secures more retailer wins in its 19 tariff-advantaged categories, which in turn would aid the top line and in turn gain market share," she wrote. "As it relates to tariff risk for NWL, majority of 15% China sourcing is due to baby gear but this is an industry-wide issue and was exempt under Section 301 during Trump 1.0." Additional tailwinds for Newell Brands include financial deleverage and continuing margin improvement.
Yahoo
06-06-2025
- Sport
- Yahoo
‘It's a safe place': Central Florida sports leagues embrace LGBTQ+ community
The cheers echoed through the halls of Dover Shores Community Center in Orlando on Thursday. It was the final game of the season for the players at the OUT Sports League. 'I just wanted to have a place where I could play with some of my friends some kickball and to have a safe place with the LGBTQ+ community,' said John Teixeira, who founded OUT in 2018. 'Now that it's grown, it's extraordinary. We have, in any given season, 1500 players. We're running 10 different sports.' Advertisement Practicing sports or attending sporting events is one of the easiest ways people can connect and socialize. For members of the LGBTQ+ community, that's even more important. Over the years, LGBQT+ sports groups have been offering a safe space for hundreds of people across Central Florida, and they have had great impact on the community. 'It usually puts a tear in my eye. Honestly, it really means a lot that it means so much to them, especially given the political landscape in Florida. A lot of players feel like they need connections. They need to make friends,' Teixeira said. As much as 80% of spectators and athletes have witnessed anti-LGBT+ attitudes during sporting events, according to the Human Rights Campaign – but that does not seem to be a problem among members and spectators of the OUT games. Advertisement 'Community-centered environment. I would say there's a lot of mutual support, not only like on your team but from a lot of different teams. And it's really a really, really cool experience to be part of,' said Ryan Chabot, who plays on the volleyball team. OUT Sports is not the only league in town, however. Central Florida Softball League has been around for almost 30 years. 'I never felt fully included in a sports space. And then when I found the Central Florida Softball League,' said Bobby Agagnina, the Commissioner for Central Florida Softball League. 'Then I came out here to the fields and saw people having a great time being themselves.' The softball league is a nonprofit – so the money they raise from memberships goes back to the community. Advertisement 'Not only are we having a welcoming, safe space here with like great softball on the field, but we also want to make sure that we're keeping everybody safe and supported here at home,' said Agagnina. Together, both leagues have thousands of players showing their pride on and off the courts. 'Pride, to me, is just being unembarrassed and unashamed about who you are, living your true life and your true self, and being able to be around other people that generally care about you, regardless of your creed, your background or who you love,' said Teixeira. 'I think the most proud of being in the Central Florida softball league is that we offer a safe, welcoming, family, fun experience,' said Agagnina. Anyone can join the leagues, regardless of skill level. Advertisement Click here for the team's official website. Click here to join the Central Florida Softball League. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Yahoo
06-06-2025
- Politics
- Yahoo
It's the last day of work for a leader of a tiny CT town. Public opinion forced her out.
Today the clock starts ticking on finding an interim leader in a tiny Connecticut town. It's first selectwoman Paula Cofrancesco's last day on the job after resigning amid a scandal produced by an alleged child sex abuse case. Meanwhile, the remaining two members of the Board of Selectmen will be in charge: Democrat Gina Teixeira and Republican Robert H. Brinton, Jr. They are also responsible to take the first steps in finding an interim first selectman until November, when the regular election is held. Teixeira, who has a busy full-time job as a staff attorney for Disability Rights Connecticut in Hartford, said she is willing to handle town business in the meantime and she assumes so as Brinton, who couldn't be reached for comment. He is the town engineer in Orange. 'My plan is to be available as needed,' she said. 'It's a crisis situation.' Cofrancesco announced her resignation in May, effective June 6 at an annual town meeting after calls from residents for her to step down reached a feverish pitch. Cofrancesco came under fire in the wake of a report that blasted her handling of alleged child sex abuse by a town employee working with kids. That former employee, Anthony Mastrangelo, 25 at the time of his arrest, is facing sex assault and risk of injury to a minor charges. He has pleaded not guilty to the charges, and is free on bond. Now starts the task of finding a new first selectman. It could be fast or it could drag on until sometime in September. The process in this case gives Republicans an advantage because Cofrancesco is of that party. Cofrancesco could not be reached for comment. Since Bethany doesn't have a charter the town will follow the process outlined in state statute Sec. 9-222, 'Filling of vacancy in office of first selectman or selectman.' The statute says the remaining selectmen, in this case Teixeira and Brinton, can either take the position themselves or have 30 days to agree on a replacement. If the vacancy were not filled within 30 days the town clerk would within 10 days after have to notify the elective Republican town officers and they get to pick someone. It has to be within 30 days. If someone's not happy with the choice, a member of either party can petition for a special election for an interim replacement. For the petition to be successful they must have a number of electors at least equal to five percent of the names on the last-completed registry list, but not fewer than fifty electors. In this case if each step before a special election went out to the full 60 days , it would put a special election into about September. Regular Election Day is Nov. 4. Roger Senserrich, spokesman for the Secretary of State's office said that agency would become involved if there were a special election. To start the process Brinton and Teixeira are scheduled to meet Monday at Town Hall. If Monday's meeting were made public, the two selectmen would likely to go into executive, or private, session for part of it, if names are discussed. Cofrancesco has been under fire for about a year after the public, including irate parents, questioned her handling of allegations of sexual assault of girls by parks and recreation employee Anthony Mastrangelo, who was 25 at the time of his arrest. It is alleged he touched the girls during his employment. A fifth alleged child victim came forward after Mastrangelo babysat at her house. An investigation on the handling of the allegations revealed the State Police dropped the ball by not making an arrest sooner and that Cofrancesco failed to take action quickly to fire Mastrangelo and warn parents. The investigation also revealed a close friendship between Cofrancesco and the Mastrangelo family. It was so close they went on vacation together and Cofrancesco and Mastrangelo's mother planned meals together by email. When questioned about the vacation at a public meeting Cofrancesco told residents the meeting on vacation was by chance. Cofrancesco at first vowed she wouldn't resign, but residents didn't back down and began an appeal to the governor's office to have her ousted. Cofrancesco resigned effective June 6, saying although she didn't agree with the investigation report, the matter had become a 'distraction' to the town. Residents applauded when she resigned, but at the same time many were also further angered by what they read as a her continued lack of accepting responsibility. At the height of the demands for her to leave, those joining the list of residents calling for her resignation were state Sen. Jorge Cabrera, state Rep. Lezlye Zupkus, a Republican like Cofrancesco, the Bethany Democratic Town Committee, and Democratic Selectwoman Gina Teixeira, and the Republican Town Committee. The investigative report was based on a review of more than 125,000 electronic and paper documents — emails, text messages, town policies, and related attachments—and on interviews of 48 current and former town employees, elected officials, concerned citizens, and parents of the victims, according to the the law firm Pullman & Comley, LLC. She began her first term as first selectwoman in 2019.
