Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Tuesday, June 2, 2015

Another missing in Kilinochchi - Mysterious disappearance of schoolgir

BY Mirudhula Thambiah-2015-06-01 
In a turn of events towards the worse, regarding the security and safety of schoolgirls in the North, Maniyam Vithusha, a 16 year old schoolgirl is reported missing over the past five days in Kilinochchi, Police said.
She had gone to visit her mother who works at an orphanage in Kilinochchi on Thursday (28) afternoon but had failed to return home.

Sixteen year old Maniyam Vithusha is studying at Ootrupulam school in Kilinochchi.
Her parents, who are frantically searching their missing daughter, lodged a complaint with the Kilinochchi Police.
Kilinochchi Police said they were conducting investigations.
A few days ago, 17 year old schoolgirl, Vithya Sivaloganathan was abducted by a gang of men, brutally raped and murdered.
Her body was later found, abandoned in a thick shrub with injuries and evidence of gang rape.
Protestors demand an end to violence against women
 02 June 2015

Photographs: Tamil Guardian
Protestors in Kilinochchi called for an end to violence against women and demanded justice for Tamil schoolgirl S Vithiya, who was raped and murdered in Pungudutivu last month.

Dozens of protestors gathered in Kilinochchi, tying black ribbon around their mouths in a symbolic act of protest.

Placards at the protest called for “justice for the crimes committed against women and young children".

Sri Lanka : The IGP Should Act

( Editorial, Ceylon Daily News)
IGP, Sri Lanka
IGP, Sri Lanka
Sri Lanka Brief01/06/2015
A UPFA Minister of the Southern Provincial Council has threatened to stone police FCID officers to death according to a news item we carried in our front page yesterday. This worthy who hails from the Rajapaksa fiefdom in the Deep South had apparently taken umbrage at the temerity of the FCID to question former first lady Shiranthi Rajapaksa over an alleged corruption in connection with a bank account operated by a Foundation of which she is the patron. Our report also states that MP Namal Rajapaksa who only the other day rose to the defence of his mother on the grounds that she was not involved in politics and hence “hands off” her, too had been present at the meeting at which the local politician made the remark.
Old habits die hard. It appears that the impunity with which the Rajapaksa acolytes conducted themselves when their patron was at the helm is still very much in evidence. They also think that they still enjoy immunity from the law as before. Stoning apparently comes easy to the Rajapaksa brigade if one recalls the stoning of the political stage of the Common Candidate in Pelmadulla .There was also the stoning of a group of UNP MPs when on an inspection tour of the Hambantota port and also a Port Authority premises in Slave Island which was functioning as an election office of Rajapaksa.
The public no doubt are eager to know what response will be forthcoming to this exhortation from the former President uttered by this Provincial Minister who obviously is a staunch Rajapaksa loyalist. Those among the public who are aware of the vehemence with which Mahinda Rajapaksa excoriated the action of a former UNP Government to allow goons to throw stones at the homes of Supreme Court judges no doubt will be expecting a strong response. Or will he continue to indulge his kind like he did the toy pistol brandishing Hambantota MC Chairman who led a mob that stoned and damaged the bus carrying a group of UNP MPs who were on a fact finding mission at the Hambantota port.
Rajapaksa is today doing the temple circuit addressing crowds strategically placed in their premises, about the parlous state of the country and the “witch hunt” carried out against his family members. The public also will be eager to hear from him what he thinks of this remark made by one of his stooges not only to take the law into his own hands but also to challenge the country’s law enforcement authority. Or did this remark have the blessings of the former incumbent what with the long arm of the law now closing in closer home? Was this a craftily planned strategy by the Rajapaksa clan who had already described the FCID an illegitimate arm of the police, to single out the latter for attack? Our report says the Southern Provincial Minister had enjoined the gathering to collect the name list of those staffing the FCID, from the Constable to the DIG.
“They should be stoned to death when Mahinda Rajapaksa becomes the Prime Minister of this country. We are waiting till that day arrives,” he had thundered. What action is the law enforcement contemplating, since this cannot be considered ordinary platform oratory by some run of the mill politician where one of the offspring of the former President too had been present, but an open challenge to the law enforcement authority of this country, nay an incitement of the rabble to attack the police no less.
The politician concerned should be questioned as to his true motive for this exhortation in order to find out if there is a pattern emerging for creating anarchy in the country to set the stage for the return of a deposed head of state. Provincial Councilors are the second tier Parliamentarians. Is the new Parliament too going to include individuals of the calibre of the Provincial Councillor in question who threatens to stone police officers from the Constable to the DIG.? We are not aware to what political formation if ever this Provincial Councilor is going get nominations from, but the Sri Lanka Freedom Party can well do without such characters and should take utmost care to ensure at least this time around the thugs, rapists, swindlers, ethanol racketeers, bootleggers, cattle thieves and the like are shown the door .
The party had already earned a great degree of public criticism for the choice of MPs in its fold. No doubt the conduct of these undesirables, their notoriety contributed in no small measures towards the defeat of the former incumbent. But for now the IGP should get moving and quiz the local politician concerned since it is his men who has been directly threatened with bodily harm.

CA Sri Lanka, Audit Firms & Their Slaves


Colombo Telegraph
By V. Kanthaiya –June 2, 2015 
Long ago, perhaps not so long ago, and to be more precise, at a particular occasion between 1828- 1910, Leo Tolstoy said the following,
“What a misguided world where the rich, who live off the labour of the poor, consider themselves benefactors of the poor”.
Keeping those words of wisdom aside, let’s take the history of slavery in the USA. The southern states took the critical decision to secede from the union due to the issue over the expansion of slavery into the new western states. The slavery, at the present context is looked upon as a practice that is inhuman and savage . In the past, it was not. It should be noted that eleven states of USA went to war to hold their “right” for slavery, based on the justification that slavery gave the cheap labour to the cotton economies of these states.
CA LankaIn the present civilized world, slavery exists. It is not in the same format as the past where human beings would be chained and forced to do physical work. Now it is done through the labour contracts, where the powerful corporates use the low standard of living of the particular segment of the society to exploit them to make profits. Just think about this. Why the ‘garment companies’ put up their businesses in the developing countries like Sri Lanka & Bangladesh? Why not in USA and Europe? The profitability in labour/human resource intensive industry is decided by the cost of the labour/human resource. So for the profitability, of which that the corporates and the entrepreneurs are desperate, will do their maximum to find the cheap labour and locate their labour/human resource intensive business there. Well! That is acceptable to some certain extent, because this is done based on the market equilibrium of demand and supply of labour/human resource.Read More

Ding-dong verbal battle over expenditure on roads


article_image
By Maheesha Mudugamuwa- 

The Highways and Investment Promotion Ministry yesterday alleged that the former Ports and Highways Ministry headed by ex-President Mahinda Rajapaksa had obtained an out of budget loan from several local banks amounting to Rs. 151 billion for 28 road projects.

Minister Kabir Hashim’s Office, responding to a media statement made by ex-President Rajapaksa that the Highways and Investment Promotion Ministry was unable to complete certain road projects due to the misuse of funds, said that the misuse of funds had taken place during the Rajapaksa regime.

The Minister’s office, in a media statement, maintained that the National Savings Bank (NSB) had granted a loan of Rs. 55 billion to the former Ports and Highways Ministry.

The Ministry said that the Road Development Authority (RDA) had drawn an advance of Rs. 28 billion from the NSB’s Rs. 55 billion loan. Approval for the draw-down was based on falsified progress reports produced by the RDA related to the bank funded road projects.

The statement added that the RDA in defiance of financial regulations which state that the authority couldn’t lend money to a Ministry, had lent Rs. 3.7 billion to the Ministry of Ports and Highways for the repayment of outstanding bills.

A further Rs. 18.1 billion was used to repay local segments of several foreign funded projects. However, financial records indicated that only Rs. 6.14 billion was required for repayment. The balance funds remained unaccounted for, it said adding that the road projects which were being funded by those local bank loans were awarded following unsolicited bids.

The Ministry also alleged that due to the misuse of funds during the previous regime, many contractors had been unable to continue their work on road projects due to unavailability of funds.
CRIB now youthful at 25: But risks of reaching maturity and old age are inevitable


Service-awards-winners-
dadadlogoMonday, 1 June 2015 00:00
CRIB at 25 brings new challenges
The Credit Information Bureau of Sri Lanka, popularly known by its acronym CRIB, just completed 25 years a few days ago. The Bureau had a grand celebration coinciding with its Annual General Meeting last week in Colombo. The occasion was used to felicitate the founders, big and small, for the yeoman service they provided to nourish that institution at its infancy so that it could grow into a strong youth later.

Where Will The Next Act In Treasury Bonds Drama Be Staged? – Analysis


Colombo TelegraphJune 2, 2015

On 13 May, a three-member bench of the Supreme Court (SC), including the Chief Justice, rejected the fundamental rights petition regarding the recent controversial Treasury bond issue of 27 February. But what did the ruling actually mean in practical terms?
Merely that the case will not be allowed to proceed to a full hearing because, strictly speaking – procedures of the Central Bank (CB) had not been transgressed and
no law had been violated by any of the respondents. The judges seem to have taken a strictly legalistic view and decided to reject the petition ruling out any further consideration.
Arjuna Mahendran Nimal Siripala
In addition, a special Committee of 13 Parliamentarians has also been appointed by COPE to look into the matter
The ruling does not mean that the actions taken by the respondents in this instance
1.were fair and above board or
2.that the Treasury did not incur unnecessarily higher interest costs.
What it means is simply that, in the opinion of the judges, there was no legal basis for the granting of leave to proceed to a hearing.
However, an official statement had been issued on 19 April, about the (then unreleased) report of the three-man committee appointed by the Prime Minister to report on this matter. It contained a strong recommendation to investigate the actions of Perpetual Treasuries (PT), one of the main respondents in the petition to the SC. The potential conflict of interest due to PT being owned by the family of the CB Governor’s son-in-law was thus highlighted and was public knowledge.
It was also public knowledge that, although the CB announced that only 30-year bonds worth Rs. 1 billion would be issued at yields in the region of 9.25-9.75% per annum, eventually Rs. 10 billion were issued at yields up to 12.5% per annum. It’s plain that this resulted in a much higher cost for the Treasury, especially since it is a bond that runs for 30 years, irrespective of how that cost is calculated. The fact that PT was awarded Rs. 5 billion of the bonds (50%) at yields in the range 11.5% – 12.5% per annum raises further questions.

Telecom mega deal (01)

slt
Tuesday, 02 June 2015
The Sri Lanka Telecom has become one of the most corrupt institutions. Top officials of SLT enjoy the best of luxuries while employing innocent youths in slavery for the past 15 years through a sub-contractor by the name Human Capital Solutions, which is supplying labour while paying them the cheapest possible wages, for the covering of responsibilities that should have been carried out by SLT employees.

Top officials of SLT play with the lives of these innocent youths thinking that they had inherited the institution from their parents. In the past, massive financial frauds and other irregularities had taken place at SLT.
The more than 200 SLT engineers, who earlier claimed that giving permanency to Manpower workers would endanger the institution’s financial stability, got the CO to increase their travelling allowance from Rs. 17,500 to Rs. 70,000 last week. Given below are the relevant details.
SLT Manpower’s head is Ranjith Rubasinghe, also the present chairman of Mobitel, who had campaigned to make Mahinda Rajapaksa the president. He is swindling millions of rupees of money belonging to Mobitel and committing massive financial frauds, while cunningly luring the SLT hierarchy and preventing Manpower workers from getting permanency in their jobs. The president’s brother Kumarasinghe Sirisena, the new SLT chairman, and its CO Dileepa Wijesundara, who parachuted into the institution on the shoulders of the Manpower workers and ‘Yaha Paalanaya’, do not seem to be aware of these misdeeds. By now, SLT has become one of the most corrupt institutions.
All Sri Lankan citizens should condemn this exploitation of labourers at a socially and nationally responsible institution like the SLT, where the top officials immerse themselves in the best of luxuries. In order for a just society, all the peoples should join together on behalf of the Manpower workers.
This could be obtained as PDF through –

The Rohingya - Adrift on a Sea of Sorrows

More than 100,000 Rohingyas tried to escape Burma on boats in the last year. (Photo/endgenocide.org)
by



by

When is genocide not really genocide? When the victims are small, impoverished brown people no wants or cares about – Burma’s Rohingya.
Their plight has finally commanded some media attention because of the suffering of Rohingya boat people, 7,000 of whom continue to drift in the waters of the Andaman Sea without food, water or shelter from the intense sun. At least 2,500 lucky refugees are in camps in Indonesia.
Mass graves of Rohingya are being discovered in Thailand and Burma (Myanmar). Large numbers of Rohingya are fleeing for their lives from their homeland, Burma, while the world does nothing. Burma is believed to have some 800,000 Rohingya citizens.
This week, the Dalai Lama and other Nobel Peace Prize winners call on Burma and its much ballyhooed ‘democratic leader,’ Aung San Suu Kyi, to halt persecution of the Rohingya. They did nothing.
The Rohyinga’s persecution has been going on for over half a century, totally unobserved by the rest of the world. Burma’s government claims they are descendants of economic immigrants from neighboring Bengal who came as indentured laborers to the British colony of Burma in early the 19th century.
Interestingly, the British Empire created a similar ethnic problem by bringing large numbers of Tamils from southern India to Sri Lanka (then Ceylon) to work the British tea plantations.
But Bengalis have been on Burma’s Arakan Coast for centuries. What sets Rohyingas apart is their dark skin and Islamic faith. Burma seems determined to expel its Muslims for good, treating them like human garbage. It’s the kind of brutal ethnic cleansing, racism and genocide that we recently saw unleashed against Albanian and Bosnian Muslims and Catholics in Bosnia and Kosovo.
I’ve been watched the steady rise of a weird form of Asian racism among some militant Buddhists in Burma and Sri Lanka. The first sign was anti-Tamil riots in Sri Lanka a decade ago led by fiery Buddhist monks.
But wait a minute. I have always been very attracted to Buddhism as a gentle, sensible, human faith. My first book, “War at the Top of the World,” was inspired by my conversations with His Holiness, the Dalai Lama. I like to meditate in Buddhist temples whenever I’m in Asia.
So from where did all those screaming, hate-promoting Buddhist monks in Sri Lanka and Burma come from? Clearly, from deep smoldering fires that we knew nothing about. The bloody Sri Lankan civil war between the majority Sinhalese and minority Tamils was largely initiated by militant monks. One also remembers Vietnam’s self-immolating monks.
The same phenomena erupted in Burma, a nation rent by violent regional and ethnic tensions that have raged since 1945. But who initiated a campaign of hate and pogroms against the Arakan Muslims who were quietly, minding their own business and eking out a living? As soon as Burma’s military stepped back from total rule, the anti-Muslim violence went critical.
The triple-sainted (at least in the Western media) Aung San Suu Kyi refuses to hear foreign pleas that she do something. Burma will hold elections in November and she wants to avoid antagonizing Buddhist voters – even when her nation in practicing genocide.
I stood in front of her in Rangoon years ago when she was still a prisoner of the military junta, listening to her platitudes about human rights and democracy. I thought then and now that like all politicians, her words were not to be given too much credit. Maybe those fools on the Nobel Peace Prize committee could revoke her Peace Prize and, while they’re at it, Obama’s.
Thailand wants no Rohyingas; Indonesia says only a few thousand on a temporary basis. Australia, which is not overly fond of non-whites, say no. Bangladesh can’t even feed its own wretched people. So the poor Rohyingas are a persecuted people without a country, adrift on a sea of sorrows.
What of the Muslim world? What of that self-proclaimed “Defender of the Faith. Saudi Arabia?” The Saudis are just buying $109 billion worth of US arms which they can’t use, but they don’t have even a few pennies for their desperate co-religionists in the Andaman Sea. The Holy Koran enjoins Muslims to aid their brethren wherever they are persecuted – this is the true essence of jihadism.
But the Saudis are too busy plotting against Iran, bombing Yemen, and supporting rebels in Iraq and Syria, or getting ready for their summer vacations in Spain and France, to think about fellow Muslims dying of thirst. Pakistan, which could help, has not, other than offering moral support. Neither has India, one of the world’s leading Muslim nations.
In the end, it may be up to the United States to rescue the Rohyinga, just as it rescued Bosnia and Kosovo. That’s fine with me. I don’t want the US to be the world’s policeman; I want it to be the world’s rescuer, its SOS force, its liberator.
We should tell Burma to halt its genocide today, or face isolation and sanctions from the outside world.
Columnist and author Eric Margolis is a veteran of many conflicts in the Middle East, Margolis recently was featured in a special appearance on Britain’s Sky News TV as “the man who got it right” in his predictions about the dangerous risks and entanglements the US would face in Iraq. His latest book is American Raj: Liberation or Domination?: Resolving the Conflict Between the West and the Muslim World

Fabricating an Enemy. “The Threat of Al Qaeda” as a Justification to Wage War

It is the Bush Administration, rather than Baghdad, which is supporting Al Qaeda


Osama bin Laden
 May 27, 2015
This article was first published in January 2003, two months prior to the launching of the war on Iraq. It was subsequently included in my book entitled America’s “War on Terrorism”, Global Research, Montreal, 2005.
Since the publication of this article, the instruments of propaganda have gained in impetus and sophistication.  The global campaign against Muslims has continued unabated with a view to creating an atmosphere of fear and intimidation.

Divers seek survivors trapped inside capsized China ship; hundreds missing

At least one woman has been rescued after a ship with 458 passengers and crew on board capsized in China’s Yangtze River. At least five bodies have also been recovered by search teams. (Reuters)
By Simon Denyer-June 2
BEIJING – Divers and other rescue workers battled Tuesday to reach survivors after hearing cries for help from within a tourist-filled cruise ship that capsized during a violent storm on China’s Yangtze River with 458 people on board.
In what could become the worst ferry disaster in China in nearly 70 years, six helicopters were sent to central Hubei province to scour the waters for survivors, while more than 140 navy frogmen rushed to the scene.
Some people escaped or were rescued, including several passengers guided out of the upturned hull after being trapped for hours. But authorities said more than 400 people remained unaccounted for — mostly older tourists on a river cruise.
State television showed footage of a rescue worker in an orange life jacket hammering on the hull of the Eastern Star. He then pressed his ear to the metal to listen for replies.
Another worker used a power tool to cut through the hull in a desperate bid to reach people trapped in an air pocket, who were reported to have been calling for help, according to state media.
Hundreds remain missing after ship sinks in China’s Yangtze River
Crew members said the vessel carrying more than 400 passengers, many of them tourists, got caught in a cyclone.
Some 18 hours after the boat capsized, divers rescued a 65-year-old woman and a 21-year-old crew member. About a dozen other people swam to safety or were rescued earlier, officials said.
Six bodies have been recovered.
The captain of the vessel and the chief engineer were among the first to be rescued, and have been detained by police for questioning.
The death toll seemed likely to surpass the sinking of a ferry in South Korea in April 2014, when 304 people, most of them children, drowned.
It is also likely to go down as the worst ferry disasters in China since the steamship Kiangya blew up on the Huangpu River in southeast China in 1948, killing more than 1,000 people.
Most passengers were between 50 and 80 years of age, state media reported, on an organized 11-day cruise along the Yangtze and its famous Three Gorges region.
Among the survivors was 43-year-old Zhang Hui, who was leading the tour group. Speaking to state news agency Xinhua, he said rain had lashed one side of the boat and water entered many rooms on Monday evening as lightning flashed.
He was walking to bed just after 9:30 p.m. as the boat suddenly listed 45 degrees, before capsizing almost immediately afterward.
Zhang said he had managed to grab a lifejacket before being pitched into the river, where he saw several people around him drifting and calling for help in the dark waters.
“I was submerged by one wave after another, and I drank a lot of water,” he said.
At one point, another ship passed by, but its crew didn’t see him, he said.
“I told myself, it’ll be fine if I just hang in there a little longer,” he said.
Zhang ending up drifting more than 50 miles downstream over the course of 10 hours before using tree branches to row his way to shore at daybreak.
State radio said the four-decked ship had overturned in just two minutes in what the captain described as a sudden tornado, without issuing a distress call. The alarm was only raised when a handful of survivors swam ashore.
Xinhua said initial investigations had established that the ship was not overloaded, and carried enough life jackets.
“There were life vests in prominent positions in every room, and the boat was open style,” Zhang said, according to Xinhua. “If it hadn’t capsized so fast, more people would have been saved.”
Nevertheless, questions remained over why the ship had capsized so suddenly, and why captain had apparently left his sinking ship so swiftly.
In Shanghai, angry relatives of those on board gathered to seek information. Among them was 49-year-old accountant Huang Yan, who said she believed her husband and father were onboard.
“Why did the captain leave the ship while the passengers were still missing?” she shouted, according to the Associated Press.
Chutian Metropolis Daily, a local newspaper, reported that another tourist boat had been cruising the same section of the river on Monday night, but had decided to stop for the night near Hubei after encountering bad weather, while the Eastern Star had carried on.
The Business magazine Caixin said ship positioning data showed the vessel had changed direction before capsizing, raising questions about whether that maneuver had contributed to the disaster. 
Gu Jinglu and Xu Yangjingjing contributed to this report.
Simon Denyer is The Post’s bureau chief in China. He served previously as bureau chief in India and as a Reuters bureau chief in Washington, India and Pakistan.

South Africa beach service to honour slaves drowned in 1794 shipwreck

Ceremony to be held on Clifton beach, Cape Town, near recently discovered wreck site of Portuguese ship that sank, leading to the loss of 212 slaves’ lives
A small, solemn memorial service will be held on one of South Africa’s most popular beaches on Tuesday, close to a recently discovered shipwreck where more than 200 African slaves drowned at the bottom of the sea.
 Underwater archaeologists at the site of the São José slave shipwreck near the Cape of Good Hope in South Africa. Photograph: Susanna Pershern/AP
 Africa correspondent-Monday 1 June 2015
The Portuguese ship, the São José-Paquete de Africa, was sailing from Mozambique to Brazil when it sank in turbulent waters near Cape Town in December 1794. Researchers say it is the first time that the remains of a slavers’ ship that went down with its human cargo on board has been identified.
Albie Sachs, a former constitutional court judge, will give a speech welcoming diplomats, activists and community leaders at the ceremony on Clifton beach, near the wreck site. “It’s profound and terrible to feel this is one of the most beautiful beaches in the whole world and within such a short distance lie the bodies of 200 slaves who died there,” the 80-year-old said on Monday.
“Presumably they were still in shackles or they could have swum to shore. This has been an untold story that has repercussions and reverberations for us today. Somehow their memories survive even though they’re not in the history books.”
The São José was making one of the earliest voyages of the transatlantic slave trade from east Africa to the Americas, which persisted well into the 19th century. More than 400,000 east Africans, shackled in ships’ holds, are estimated to have made the four-month, 7,000-mile journey from Mozambique to the sugar plantations of Brazil between 1800 and 1865.
The São José had only been sailing for 24 days when, tossed by strong winds in view of Lion’s Head mountain, it was smashed on submerged rocks 100 metres from shore. An estimated 212 slaves perished. About 300 survived and were resold into slavery in the Cape. The Portuguese captain, Manuel João, and his crew were also rescued.
The wreck lay undisturbed for nearly 200 years but was found in the mid-1980s by local amateur treasure-hunters who misidentified it as the remains of an earlier Dutch vessel. But in 2011 Jaco Boshoff, a maritime archaeologist, discovered the captain’s account of the wrecking of the São José in local archives. Those on board “made ropes and baskets and continuing like this were able to save some men and slaves until five in the evening, when the ship broke to pieces”, it recorded.
Evidence steadily built. Copper fastenings and copper sheathing indicated a wreck of a later period, and there was also iron ballast – often found on slave ships as a means of counterbalancing the variable weights of their human cargo. The Slave Wrecks Project, an international collaboration, found an archival document in Portugal stating that the Saõ José had loaded 1,500 iron bars as ballast before she departed for Mozambique.
Further research located a document in which a slave was noted as sold by a local sheikh to the captain of the Saõ José prior to its departure, definitively identifying Mozambique Island as the port of departure for the slaving voyage.
Objects retrieved from the ship this year include fragile remnants of shackles, iron ballast to weigh down the ship and its human cargo, copper fastenings and a wooden pulley block. There has been no trace of human remains.
Boshoff, co-originator of the Slave Wrecks Project and principal archaeological investigator on the Saõ José excavation, said: “The more information we get the better. The memorial service will be a bit more emotional, but when we start work again we’ll have to dial back the emotion.”
He added: “Every day there are discoveries made but, in the history of the slave trade, this one is important. It’s the first time we’ve been able to look at a ship that sank with slaves still on board.”
The wreck site is located between two reefs and is prone to strong swells, making conditions difficult for archaeologists. So far only a small percentage has been excavated. “There is a lot to do,” Boshoff said. “We haven’t scratched the surface. It’s a wide-ranging project and I’m fortunate it’s on my doorstep.”
A public symposium, called Bringing the São José Into Memory, will be held in Cape Town on Wednesday. Some of the recovered objects are to be displayed on long-term loan at the Smithsonian’s new National Museum of African American History and Culture in Washington DC.
Lonnie Bunch, director of the museum, who is due to attend Tuesday’s event, said: “Perhaps the single greatest symbol of the transatlantic slave trade is the ships that carried millions of captive Africans across the Atlantic never to return.
“This discovery is significant because there has never been archaeological documentation of a vessel that foundered and was lost while carrying a cargo of enslaved persons. The São José is all the more significant because it represents one of the earliest attempts to bring east Africans into the transatlantic slave trade – a shift that played a major role in prolonging that tragic trade for decades.
“Locating, documenting and preserving this cultural heritage through the São José has the potential to reshape our understandings of a part of history that has been considered unknowable.”
Plans for divers from Mozambique, South Africa and the US to deposit soil from Mozambique Island, the site of the Saõ José’s embarkation, on the wreck site has been abandoned due to Cape Town’s volatile winter weather and high tides.
For Sachs, an anti-apartheid activist who lost an arm and the sight in one eye in a bombing in Mozambique while in exile in the 1980s, the international flavour of the day will be important. “There is a wonderful cooperation between the Smithsonian and the Iziko Museums of South Africa. People are diving together and compiling the information together. This is a beautiful example of present-day globalisation recovering an example of terrible globalisation from the 18th century.
“It’s a healing to have people getting together to memorialise the dead. I was nearly killed by a car bomb planted by South African agents in Mozambique. Mozambicans saved my life. Here South Africans are honouring colleagues from Mozambique for this commemoration.”

Lenders including SBI cut interest rates after RBI move

Auto rickshaws wait in front of the head office of State Bank of India (SBI) in New Delhi August 12, 2013. REUTERS/Anindito Mukherjee/FilesAuto rickshaws wait in front of the head office of State Bank of India (SBI) in New Delhi August 12, 2013.-REUTERS/ANINDITO MUKHERJEE/FILES
Reuters Tue Jun 2, 2015
State Bank of India (SBI), the nation's top lender by assets, said on Tuesday it would cut its base lending rate by 15 basis points to 9.7 percent effective June 8 after the central bank cut its key policy rate for the third time this year.
Some other smaller state lenders also announced base lending rate cuts of between 25 and 30 basis points.
Earlier on Tuesday, the Reserve Bank of India cut the repo rate by 25 basis points, taking the total reduction this year to 75 basis points to help boost economic growth.
While many banks have started passing on the benefits of the monetary easing to the broader economy, the quantum of cuts lag the reduction in the policy rate. SBI's latest base lending rate cut will take its total reduction this year to 30 basis point.
Eight of the more than two-dozen state-run lenders, who dominate India's banking sector with more than 70 percent share of the assets, have yet to announce any interest cut this year.
Bankers have blamed tight liquidity and slower credit growth as reasons for not cutting rates aggressively. India's bank loan growth for the fiscal year to end-March was the slowest in 18 years.
"There is not overmuch of liquidity. More of liquidity would also enable better transmission of rate cuts," State Bank of India Chairman Arundhati Bhattacharya said in a television interview earlier on Tuesday, following the RBI rate decision.
"As we see a little bit of the credit growth coming in, it will make it much easier for the banks to pass on the rate cuts," Bhattacharya said ahead of SBI's rate cut announcement.
SBI has guided for a loan growth of about 14 percent in the fiscal year that began in April, compared with an adjusted 10.5 percent increase posted last year.
Allahabad Bank (ALBK.NS), a smaller state-run lender, said on Tuesday it was lowering its base lending rate by 30 basis points. Dena Bank (DENA.NS) and Punjab and Sind Bank (PUNA.NS) said they would cut the base rate by 25 basis points each.

(Reporting by Devidutta Tripathy; Editing by Mark Heinrich)