Development Finance Company of Uganda Limited (DFCU.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2020 interim results for the half year.For more information about Development Finance Company of Uganda Limited (DFCU.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Development Finance Company of Uganda Limited (DFCU.ug) company page on AfricanFinancials.Document: Development Finance Company of Uganda Limited (DFCU.ug) 2020 interim results for the half year.Company ProfileDevelopment Finance Company of Uganda is a commercial bank offering products and services for the retail, commercial and corporate banking sectors in Uganda through its subsidiary, DFCU Bank Ltd. Its product offering ranges from savings and current accounts to investment, fixed and demand deposits and personal and corporate credit. The bank provides medium and long-term finance to the private sector; with a focus on the agricultural, construction, tourism and hospitality, education, manufacturing and transport sectors. In addition to standard commercial banking products and services, DFCU Bank offers lease and mortgage finance, foreign exchange trading and money market transfer services. The company has an extensive network of branches and ATMS located in the major towns and cities of Uganda. Development Finance Company of Uganda Limited was founded in 1964; it became a commercial bank in 2000 after taking over and renaming Gold Trust Bank. Development Finance Company of Uganda is listed on the Uganda Securities Exchange
Tomas Andrew Montez Police charged a man Wednesday after he reportedly sexually assaulted a 21-year-old woman in north Odessa.The sexual assault was first reported to the Odessa Police Department last September, an OPD news release stated. A 21-year-old woman was reportedly sexually assaulted by 38-year-old Tomas Andrew Montez, the release detailed.OPD obtained a warrant for Montez and charged him with sexual assault, a second-degree felony.Jail records show Montez was taken to the Ector County Detention Center Wednesday and released Thursday on a $50,000 bond. Man charged with sexual assault Facebook Twitter Previous articleMobile home lost in West Odessa fireNext articleOPD searching for burglary suspects admin WhatsApp By admin – April 5, 2018 Pinterest Local NewsCrime Twitter Pinterest Facebook WhatsApp
Thales digitalizará el sistema de señalización de Deutsche Bahn Stuttgart para ampliar drásticamente la…
Local NewsBusiness Pinterest Twitter Facebook WhatsApp Twitter WhatsApp Facebook TAGS Project “Digital node Stuttgart” @Deutsche Bahn / Arnim Kilgus Thales digitalizará el sistema de señalización de Deutsche Bahn Stuttgart para ampliar drásticamente la capacidad y mejorar la puntualidad y la comodidad Pinterest By Digital AIM Web Support – February 16, 2021 Previous articleThales va digitaliser le système de signalisation de la Deutsche Bahn dans la région de Stuttgart pour améliorer considérablement la capacité, la ponctualité et le confortNext articleSharks beat Ducks 3-2 for 2nd regulation win of season Digital AIM Web Support
Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp Previous articleProposed rent increases will hit Donegal badly – MurrayNext articleBolt visit confirmed as Patsy Mc Gonagle receives the Freedom of Donegal News Highland 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Pinterest LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton News RELATED ARTICLESMORE FROM AUTHOR Support for the coalition has dropped again in the latest opinion poll.The MRBI/IPSOS poll in today’s Irish Times shows Fine Gael down to 24% while Labour have fallen to 9% support.Fianna Fáil remain unchanged on 26% from the last poll in February while, Sinn Fein have gained ground – up three points to 21%.Gerry Adams has emerged as the most popular party leader in the country with 33% support, while the Tánaiste Eamon Gilmore is the country’s least popular party leader on 16%. Facebook Twitter Google+ Twitter Pinterest Government support continues to drop according to latest poll WhatsApp By News Highland – June 14, 2013 Google+ Need for issues with Mica redress scheme to be addressed raised in Seanad also Minister McConalogue says he is working to improve fishing quota Facebook Dail hears questions over design, funding and operation of Mica redress scheme
Bill Clark/CQ Roll Call(WASHINGTON) — An incendiary headline placed next to a picture of prominent Democrats in a magazine produced by the National Rifle Association is causing some backlash.A spread in the March issue of American Rifleman, which is available online, shows a picture of Speaker Nancy Pelosi and former Rep. Gabby Giffords next to the headline “Target Practice,” which has some questioning the editorial motives of the gun rights group.The photo selection is at the heart of the backlash, as the picture shows Giffords, who was shot in the head and survived an assassination attempt in 2011, alongside Pelosi when the pair were at a recent press conference about a proposed background check law.Underneath the large headline, there is a subhead that reads “Congressional Democrats target gun owners for persecution with extreme firearm transfer bans.”The ensuing article, written by Chris Cox, one of the gun group’s most prominent leaders and the executive director of the NRA’s Institute of Legislative Action, derided Democrats for pushing the background check bill during the government shutdown “rather than to ensure that the country has a functional government.”The article introduced Pelosi as “arch anti-gunner.” It also points out that the news conference was held on the anniversary of the “infamous and deplorable” 2011 shooting of Giffords, the article goes into the specifics of the shooter and how he passed a background check.The executive director of Giffords, the former congresswoman’s eponymous gun control activist group, released a statement slamming the spread.“Fueling anger and selling fear has been one of the NRA’s most consistent tactics, and this reprehensible headline is just the latest example of their leaders’ dangerous and irresponsible propaganda,” Peter Ambler said in his statement.“Evoking threats of violence should never be tolerated. Words matter. This headline should tell us all we need to know about how wildly out of touch the NRA is with its own members and how low they will stoop to advance their damaging agenda at the expense of our safety,” Ambler’s statement reads.The NRA did not immediately return ABC News’ request for comment.Sen. Chris Murphy, D-Conn., who has been calling for more gun control laws in the wake of the Sandy Hook shooting, had his own theory behind the decision to pair that photo with the headline.“Newsflash: they know what they’re doing here,” Murphy wrote in response to a tweet about the spread.Rep. Eric Swalwell, D-Calif., went further, calling for the NRA to “face legal consequences.”“This is a call for violence by the @NRA against @GabbyGiffords, who was nearly killed by gunfire and @SpeakerPelosi, the most powerful legislator in America. The NRA should face legal consequences. But let’s put them out of business with boycotts and ballot boxes. #EnoughIsEnough,” Swalwell wrote in the tweet.That sparked a response from Rep. Dan Crenshaw, R-Texas, who called Swalwell’s comments an example of an attempt to promote “outrage culture.”Parkland activist David Hogg, who was at the background check news conference and stood behind Giffords at the event, tweeted about the NRA spread as well. He directed his tweet at Sen. Marco Rubio, R-Fla., asking the politician “why do you take money from an organization that calls for the assassination of politicians simply for their political beliefs.”Rubio did not appear to publicly respond to Hogg on Twitter, nor did his office immediately respond to ABC News’ request for comment.Hogg also retweeted former Gov. Howard Dean, D-Vt., who tweeted that “The NRA has become an alt right organization promoting violence.”The magazine article is not the first time that the intentions of the NRA’s press efforts have been questioned. Last year, they prompted some ire after tweeting out a picture of an AR-15 as the national student walkout was unfolding as a part of the March for our Lives, which was held to call for action on gun control in the wake of the deadly Parkland shooting. Copyright © 2019, ABC Radio. All rights reserved.
Previous Article Next Article Comments are closed. An update of changes in employment law and the responsibilities of the OHpractitioner were discussedEmployment law consultant Joan Lewis of ACT Associates returned to theconference once again to give her popular, if frightening update on recentchanges in employment law. This year these included new maternity leave and payrights, other family leave proposals, the prevention of illegal working andavoidance of race discrimination and dignity at work policies – anti-bullying,harassment, ageism and so on. She also looked at the provisions of the Acas arbitration scheme, thevoluntary alternative to employment tribunals for resolving unfair dismissalclaims. Both parties need to agree a written arbitration agreement, hearingsare confidential and there is no right of appeal. Lewis also examined the health and safety provisions for young workers.There should be specific risk assessments for young workers, who should now beworking a maximum of an eight-hour day. Turning to recent case law, sexual bullies in the workplace face the veryreal prospect of going to prison, following the case of R v Lancashire and Wakefield,Lewis announced. She also referred to developments in DDA case law and casesrelating to the occupational health practitioner’s duty of care and gaveguidelines on ethics and standards of service. She suggested points to remember when trying to ensure that you are giving ahelpful report in a DDA case. – Don’t make management decisions – Do give an opinion as to if, when, and how an employee might return towork – Give objective, health-related decisions supported by brief facts. Lewis laid out the grounds for termination of employment for health-relatedreasons. Incapacity by reason of ill-health is a fair reason for dismissal, shesaid, but it is vital to follow proper procedures. These include a thoroughinvestigation, including medical reports, a review of the DDA implications,proper communication with the employee and finally and most importantly, thedemonstration of sympathy, compassion and understanding in your dealings withthe employee. Lewis went on to review the case law relating to specialist reports in DDAcauses, concluding that the evidence of a properly-qualified occupationalhealth specialist was essential. She said in cases where conflicting medicaladvice was given that the law allowed the employer to rely on the opinion oftheir occupational health professional unless that person had relied on notesonly without making an examination; had failed to make a specific conclusion;the continued employment of the person posed a genuine risk to the health andsafety of others; or the treating specialist should have been asked for anopinion. Keep on the right side of the lawOn 1 Nov 2001 in Personnel Today Related posts:No related photos.
On stage from the left is Freeholder Will Morey; Freeholder Marie Hayes; Honoree and Mayor of Avalon Martin Paliughi; Honoree and Avalon First Lady Lynda Paliughi; Honoree James Bennett; Freeholder Jerry Thornton; Freeholder and Mayor Lenny Desiderio Leave it to the Boy Scouts to pick out the “good scouts.”Garden State Council, Boy Scouts of America presented its annual Cape May County Distinguished Citizen Award to Avalon Mayor Martin L. Pagliughi, his wife Linda A. Pagliughi, “The First Lady of Avalon” and Cape May County businessman and civic leader James Bennett, President of Bennett Enterprises.These three giants of the local community were recognized Monday night at the Wildwoods Convention Center before a large gathering of friends, family, community members, and of course, local Boy Scouts.No time was wasted getting the evening off to an inspiring start with an opening ceremony by Cub Scout Troop 76, Pack 76 of Sea Isle City, and a heartfelt invocation by Bishop Charles Farrow of Bethel Commandment Church, Whitesboro, and Scoutmaster of Boy Scout Troop 104, Whitesboro; and a moment of silence led by George Nedig, Southern New Jersey Council’s Executive Board.The awards are presented on behalf of the Boy Scouts for their exceptional leadership in the community. The evening’s proceeds from the event reception help defray services to a greater number of young people throughout Cape May County.Mayor Pagliughi is currently serving his seventh four-year term leading Avalon’s government since his first election in 1991. He also served Avalon as a Councilman (four years) Zoning Board member (six years) and Planning Board member (two years). A longtime employee of ABB International Electrical Engineering Company, Pagliughi is the firm’s National Industry Manager for Environmental Sales.He was appointed Emergency Management Director for Cape May County and has served in that capacity since 2012.Lynda and Martin PagliughiGiving of herself alongside her husband, Lynda Pagliughi has been a community leader in numerous public, private and charitable concerns over the years. Currently a trustee for the Cape Women’s Resource Fund, an organization that raises money for women’s scholarships, she is Vice President of the Southern New Jersey Development Council. He is also active in local and state politics as Vice Chair of the New Jersey Republican Party organization.James Bennett’s many business interests include the LaCosta Lounge, Package Goods store and Motel, as well as the Casino Streaks and Pizzeria Restaurant in Sea Isle City. He is also the owner and managing partner of the Lobster Loft Restaurant and Liquor Store.James Bennett, Freeholder Lenny Desiderio (left) listen while Freeholder Jerry Thornton, John Lynch, and Freeholder Marie Hayes discuss the honorees.His civic contributions include Chairing the Sea Isle City Tourism Board; membership of the Sea Isle City Chamber of Commerce and the Sea Isle City Revitalization Committee. Bennett is President of the New Jersey Licensed Beverage Association, and a member of the Alcoholic Beverage Control Advisory Board. He is also very active in youth sports as head coach of the Ocean City Youth Recreational Wrestling Program.In addition to the awards presentations and talks, Emcee John Lynch, Director of Sales and Entertainment for the Wildwoods Convention Center, kept things moving along with introductions of the participants and distinguished attendees, and gave final thoughts at evening’s end.Forest Wan discusses how scouting has influenced his life and decision making.Eagle Scout Forest Wan of Troop 76 spoke on what scouting means to him and its influence; and Eagle Scout Eddie Silva of Troop 79 in Seville gave reflections on his years of scouting. Forest is a senior at Ocean City High School and has several applications into the US Military Academies. He has an ambition to be a military officer and to serve our country.Other highlights included a presentation to event chairperson Nancy Cleaver by Kevin Bishop, recognition of event sponsors by Cleaver, and remarks by NJ Senator Jeff Van Drew, Assemblymen Bob Andrzejczak and Bruce Land.The Garden State Council has served families in Cape May County since 1938. Today the organization counts more than 3, 8000 volunteers working with more than 8,000 young people each year.The event was sponsored by Kindle Automotive, Morey’s Piers, Avalon Flooring, Boulevard Super Liquors, Crest Savings Bank and Halliday Leonard, General Contractors.The Scouts posed with Mayor Lenny Desiderio, John Lynch, NJ Senator Jeff Van Drew, and Assemblymen Bob Andrzejczak.The evening was a Who’s Who of regional elected officials. Several that were in attendance, but not mentioned above include: Congressman Frank LoBiondo; Surrogate Susan Sheppard; Ocean City Mayor Jay Gillian; Ocean City Councilman Keith Hartzell; Ocean City Councilman Antwan McClellan; Ocean City Councilman Bobby Barr; Ocean City Councilman Michael DeVlieger; Sea Isle City Council President Bill Kehner, and Cape May County Clerk Rita Fulginiti.
This week, for a change, I thought why not write about business and make our editor Sylvia happy? There will be no mention of incompetent, lying, corrupt politicians, or even public-sector employee pension schemes. Instead, I’ll focus on how we should all be more efficient to keep the above in the standard of living they have at our expense.Always, when I write or speak about reducing or controlling costs, someone will confuse it with either reducing quality – which is never what I mean – or come up with that hoary old chestnut: “You can’t cut your way to success.”Even in British Baker, I read that Greggs announced its profits were down and, while it is driving for growth, it is also taking action to reduce costs. After all, assuming it is constantly monitoring its costs and yet still finds it necessary to review them, why should we think that we are so efficient that we do not have to bother?I can never see the point in expanding sales without a commensurate increase in profits. How often have we seen a fellow baker expand from, say, three shops to eight, and the next sad thing we read about is their demise?There are often two main reasons why they fail: lack of control of costs and lack of adequate control systems. When you run a maximum of three shops, for example, you can keep most of what you need to know in your head – although even that I find risky. When the total number of shops gets larger, systems are not a luxury, they are a necessity. So many bakers say: “Oh I cannot be bothered with all that paperwork.” But the only answer is that, unless you’re a genius, you had better bother with it or you will simply not survive.Our Scottish bakery friends appear to have mastered that and they keep going from strength to strength. They put in systems to watch over and control their growth.The only danger is that, with the ability of computers to spew out paper endlessly, you’ll get too much information, most of which you cannot use. So I will list what financial elements I think are absolutely necessary to examine every week: bank balance, total creditors, debtors and sales.With those four figures, you will always know where you are. After that, you can add on whatever other data you think you need and, every year, cull out whatever you have not really used. Next, there are the figures I think I need, such as accurate production figures, to tell me how much per man hour was produced, the level of wage percentage, waste and the monthly stocktaking.Last, but not least, I look at the wage percentage of every department of the business in detail to allow me to make accurate comparisons. Of course, there are other data that we keep, but space has run out and each bakery owner has to decide for him- or herself what they require.Just think about it. If you work like the dickens to be rich, you will then be able to afford to sit on the veranda of an expensive care home, watching the healthy, but poor, people walk by.
The aim will be to follow this up with regulation later in the year. Second, there is the pensions charge cap, which protects savers from high costs. First, there’s the FCA’s permitted links rule, which restricts patient capital type investments that are typically held for the long-term. IntroThank you, Caroline, for that kind introduction.And thank you to the PLSA for inviting me here today.As a former commercial lawyer, there are always mixed feelings about coming to a place like Allen & Overy.I certainly don’t miss some aspects of the old job.The late nights and long negotiations……The seemingly intractable arguments over the finest details of complex written agreements.Actually, come to think of it, it was all good grounding for a career in politics.Now we meet at an important moment for our country and our economy with critical decisions to be taken in the days ahead and the present debates can understandably all-consuming.But I want to talk about the long-term direction of our economy and ask you to consider what you can do to define this country’s success, not in the next few years, but for generations to come.To create the high-tech, high-skilled, productive and competitive economy that we all desire.One that attracts, supports and rewards enterprise, entrepreneurship and innovation.With a climate that inspires a new generation to succeed, to prosper and to excel.Today, I want to talk about how we can work together to achieve that goal.The guidance the PLSA are launching today shows that pensions have the potential to achieve more for everyone.…Better long-term returns for the savers who invest……And better long-term impacts for the economy and for society.The importance of patient capitalThe UK is home to some of the world’s most innovative companies.Harnessing the intellectual might of our great universities, and the strength of our financial services industry……Start-ups are created at a rate greater than anywhere in Europe.And we are seeing many of these companies grow into the global brands of the future……With at least 13 unicorns, more than any of our European neighbours, and more than a third of the total number across the continent.In government, we have prioritised investment in innovative companies.In this parliament, levels of public investment will be at their highest sustained levels in my lifetime.And the last Budget gave further support for new technologies, and help for firms to grow.Last year we unveiled a patient capital action plan to unlock over £20 billion in innovative firms over the next 10 years.Since last year the British Business Bank has launched ‘British Patient Capital’ – a £2.5 billion fund to invest in innovative firms.And we ploughed £1.6 billion into our research and development base……to strengthen the UK’s global leadership in science and innovation.But there’s a limit to what government can and should do.Ultimately, it is the sum of private investment in the engine of the economy that will define our success.Britain’s venture capital investment sector is maturing……With 4x more VC investment in tech companies than Germany, and more than France, Ireland and Sweden combined…But neither should we be complacent about these favourable comparisons with Europe, nor let that be the limit to our ambitions.Last year, the Chancellor identified a £4 billion patient capital gap between American firms and British firms.UK firms receive fewer rounds of private investment before an IPO than their equivalents in the US.We have to work harder to keep that talent in the UK and to attract international entrepreneurs to the UK who might otherwise go to the US.So that those businesses can put down roots here, can thrive and grow here.And pension funds have a crucial role to play in achieving this.How pension funds could helpAuto-enrolment has led to a new cohort of younger savers……And an expansion in the amount of money in defined contribution schemes.By 2025, we expect the overall pot will swell to £1 trillion……This has the capacity to drive strong and sustainable growth in the UK economy.Pension funds are suited to patient capital…They accrue gradually over a lifetime……And with this long-term investment horizon comes a greater appetite for investing in things with somewhat higher risk……and a higher reward.The next generation of young pension savers have the chance to invest in the next world-changing technology, whether that’s AI or a life-saving cancer drug……Or social impact investment in the infrastructure that underpins the economy – whether that’s housing or health or transport.…Investments that generate returns, while also having a positive effect on society or the environment.All in all, this type of investment gives people the chance to shape the society they want to live in and to leave to the next generation.As the youngest member of the present government and notionally a millennial, I believe the investors of today and those following them will demand that their savings include such investments, and be surprised if they do not. I also believe that technology will rapidly increase transparency. The pensions dashboard will enable savers to view their pensions and in time make choices to amalgamate them……But I want to see technology harnessed, in time, to bring data on a pension to every savers smartphone including informing savers of how their pension is invested. This seems inevitable and will force the question of the industry- would our investments inspire our savers?So the vision is clear…Pension schemes of the future being able to invest appropriate amounts in patient capital as part of a diverse portfolio……benefiting from the rewards of innovative companies with significant growth potential.It happens in America and Australia, where pension pots are more regularly invested in illiquid assets such as private equity and infrastructure.We want the same opportunities here. We believe we could even be more innovative.And that’s what we’re working towards.Some in the field are showing true leadership and invention.Strathclyde started a Private Equity programme in 1990.And over the years they have invested £2.7 billion, with total returns of more than 13% per annum.Others, like Hermes and USS, have also demonstrated the value of investing in patient capital.The barriers we faceTo make investment in patient capital the norm……and to close the gap with the likes of the USA and Australia.…we have some barriers to overcome.At the moment, our pension system is strong in terms of transparency, freedoms with a highly skilled and knowledgeable industry operating within the pre-eminent financial centre.But still, defined contribution funds invest very little, if at all, in patient capital.There are regulatory reasons for that, which we identified through our Pensions Investment Taskforce……which some of us in this room were involved in. second, we announced that the DWP will consult next year on making the pension charge cap flexible enough to accommodate performance fees, often associated with patient capital investment And we know from polling data how much people are looking forward to having this tool, particularly young people.DWP published their consultation on pensions dashboards earlier this week, and are keen to hear from you on their proposals. Global trends suggest that pooling investment could help make investment in patient capital more cost effective for pension schemes.The TPR have updated guidance to reflect the growing interest and appetite for patient capital investments as part of a diversified portfolio.ConclusionSo thank you all for your interest so far and for the commitment many have shown.But this is just the end of the beginning – we have so much work to do.Thanks to the PLSA’s new published guidance and the work of the Pensions Investment Taskforce and DWP we know the path ahead.The ultimate decisions are yours as pension trustees, independent governance committees and advisors to them However, I believe if we work together, we can be responsible managers of others’ savings, and ambitious custodians of capital, seeking to achieve higher returns for pension funds….… use the latent potential in our pension pots…drive the companies and ideas of the future…Private investment…Building wealth and security for private citizens…Doing public good, building an enterprising economy and society for everyone.Thank you. We are absolutely committed to retaining protections……but we also know that the way firms are required to confirm compliance can actually prevent savers from accessing the expertise needed for patient capital investment.Throughout the year, we have been working with the industry, including the PLSA, the Investment Association and the ABI among others, to open up these avenues.The path aheadAnd at the Budget, we laid out a clear plan for progress. first, we announced that the FCA will be carrying out a consultation on reforming their permitted links rules, and will publish by the end of the year finally, we announced that some of the largest DC pension providers in the UK –Aviva, L&G, HSBC, NEST, The People’s Pension and Tesco Pension Fund – are working with the BBB to develop a blueprint for pooled investment in patient capital third, we announced funding to make pensions dashboards a reality. These will allow people access to information on their multiple pensions in a single place online, helping them to have a clearer picture of their overall financial position
If you want to find it, just look for the crowds.Morning, noon, and evening they gather in the Yard, sometimes with cameras, more often with cellphones. Selfies are big. So are group shots. Harvard is one of the biggest attractions in Greater Boston, and arguably the biggest attraction at Harvard is the statue.“We’re tourists,” shrugged Sandra Coh from Lyons, France, who was there one morning with her daughter and two grandchildren. “We visit and we take pictures.”A quick Instagram search for “John Harvard Statue” yields a possibly endless feed of campus visitors posing with the iconic figure, one of the most photographed statues in the U.S. — as high as No. 3 on some lists. Most of them appear to be tourists from all over the U.S. and around the world, but not all of them. Some are prospective students and parents on a campus tour, while others are newly minted Harvard students celebrating their admission.,Tour guide Maddie Earle encouraged her group to take as many photos as they wanted with the statue, built in 1884, and told them that touching the left foot, cast in bronze but now polished to a shiny golden color, brings good luck.,A number of local tour companies include Harvard’s campus in its stops, and there are also the University’s official historic tour and the well-known Hahvahd Tour led by current students.There are, however, pilgrims who choose to linger. Raju Psn, visiting from Hyderabad, India, took his time, carefully studying the details sculpted by Daniel Chester French, who created the statue of Lincoln for the memorial. Psn examined the skullcap, the tassels in the collar, the small mustache. He leaned in close to the floral bows decorating the shoes and knelt to get a better look at the two seals on the side of the granite plinth — the seals of Harvard College and Emmanuel College, where Harvard earned his B.A. in 1632 and M.A. in 1635.Psn knew neither the history of the statue nor of Harvard himself, but he knew the bronze work had come to embody the University and its lofty ideals.“It’s an inspirational place,” he said. “It gives us energy.”,“It’s an inspirational place. It gives us energy.”,So it was probably a good thing that he missed Maddie Earle. “That’s not John Harvard,” Earle ’20 informed a crowd of about 20 on one of the day’s University tours. The guide explained why campus residents refer to the landmark as “the statue of three lies.”The first, she said, is that it depicts John Harvard. All portraits of the real man burned in a fire in 1764, so the model for the statue was Sherman Hoar, Class of 1882, a relative of Leonard Hoar, the University’s fourth president.“It is a tradition here at Harvard to name Houses after former presidents,” Earle said. “They didn’t want to name a House after this particular president for obvious reasons, so they decided to use his nephew as a regal-looking figure to commemorate John Harvard.”The second is that Harvard was the University’s founder; in fact, he was a major benefactor. The third is that Harvard College was founded in 1636, not 1638 as it says on the statue.Earle encouraged her group to take as many photos as they wanted with the statue, built in 1884, and told them that touching the left foot, cast in bronze but now polished to a shiny golden color, brings good luck.That tradition is well-known and is often spread on the spot.In the middle of an afternoon crowd of about 20 people, Nacho Ruiz from Cordoba, Spain, told Eric Peoples from Detroit about the left foot as they waited their turn for a picture with it. In Ruiz’s version of the legend, if a person doesn’t touch the left foot they will never finish their college degree.“But I don’t know. I’m a tourist,” he added.Either way, Peoples had his teenage daughter Tia Jackson take a photo touching the left foot.,“It’s the iconic thing to do. It’s as though your experience would be lacking something if you didn’t.” — Sammota Mwakalobo, pictured below leading a tour,Many people with children do the same, in belief of another version of the lore. Marco Mayolo and Tatiana Espinosa, both teachers in Colombia, took turns touching the foot before helping their son, 9-month-old Santiago Mayolo, do the same. “We know of the University legend that if you get a picture with the statue, you will study here in the future,” Mayolo said.For Harvard students, the lore is more about marking the moment, said Sammota Mwakalobo ’20, an international student from Tanzania studying mathematics. She was at the statue leading young Japanese students on a campus tour.Mwakalobo remembers that three years ago she, too, took a photo with the statue to celebrate the start of her life at Harvard and in the U.S.“It’s a thing that’s expected,” she said. “It’s the iconic thing to do. It’s as though your experience would be lacking something if you didn’t. For me, it marked the beginning of my journey.” Related John Harvard in detail, 375 years after his death Places we love People from the Harvard community share their favorite spots on campus Biography of a bronze The Daily Gazette Sign up for daily emails to get the latest Harvard news.