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Internet and digital rights advocacy organization, , as well as other rights advocates in Cameroon have hailed the country a dedicated personal data protection draft legislation, but believe there are gaps and inadequacies that must be addressed before the text is operationalized. Government tabled the bill at the National Assembly on November 13. On November 19, Posts and Telecommunications Minister, Minette Libom Li Likeng, defended the draft bill before members of the Committee on Constitutional Laws, explaining the content of the text and the crucial role it will play in driving the country’s digital economy growth. Beyond the potential gains of the law which is expected to be examined during a plenary debate session in the National Assembly this week, Paradigm Initiative points out a few aspects which have to be considered. The organization said in a news release that while the bill represents “a critical step forward in protecting privacy in an era dominated by data-driven technologies,” it also raises concerns about certain provisions, questioning potential effectiveness of the bill whenever it is enacted. One area of concern for Paradigm is the independence of the Personal Data Protection Authority, as outlined in Section 53. It says the appointment of the Authority by the Head of State raises questions about its ability to operate without political influence, which is crucial for impartial enforcement of the legislation. In the same vein, it also mentions the provision under Section 9(2) of the bill which says consent of a data subject may not be required for tasks deemed in the ‘public interest,’ including matters of health. “Without judicial oversight or clearer definitions, PIN warns that this clause risks being misinterpreted or misused. Paradigm Initiative believes there is a unique opportunity to address these gaps during parliamentary deliberations, ensuring that the law is not only progressive in theory but also practical and effective in protecting citizens,” the organizations says. “Cameroon’s Personal Data Protection Bill is a significant achievement and demonstrates a growing recognition of the need for strong data protection frameworks across Africa,” said Khadijah El-Usman, senior programmes officer, Anglophone Africa, at Paradigm Initiative. “We urge legislators to address the ambiguities in the bill and ensure its implementation is backed by adequate capacity to monitor compliance and protect citizens from data exploitation which includes but is not limited to financial independence,” she added. Paradigm mentions that because tech companies continue to mine data on a global scale, Cameroon’s progress in the area of data protection “signals a promising step toward greater accountability in the digital age.” “Its provisions lay the groundwork for enhanced personal data protection and align Cameroon with global efforts to address the risks of data misuse. With proper implementation and oversight, the country could join others in holding violators accountable and protecting the digital rights of its citizens.” In another reaction to the bill, Cameroonian digital rights advocate and one of those who campaigned for the introduction of a personal data protection legislation in Cameroon, , called the move a “proactive” step against “unlawful data exploitation,” but nonetheless picked some holes in the draft legislation. He told in a message that “it’s always a nice day to see that what you have been advocating for years comes to pass,” but quickly noted that the bill “comes with its own shortcomings, including the fact that the legislator intentionally gives broad definitions to some terms which may be subject to varied interpretations.” “The bill also misses out on a major aspect of personal data which is metadata. It also fails to provide guarantees for whistleblowers that may disclose information or data for public interest. Another shortcoming, which must quickly be addressed before the bill finally goes through Parliament, is the neutrality of the Data Protection Authority, given that the bill allows for the President of the Republic to create the body and appoint its members,” Gwain says. He further notes: “We haven’t seen enough of judicial and parliamentary oversight weaved into the bill. Plus, the chilling fact that most of the articles of the bill need separate instruments to activate their application. Also, for those living in the two English Speaking regions of Cameroon, the bill doesn’t address the thorny issue of defense and security officers unlawfully and arbitrarily infringing on their privacy under the pretext of national security and public order. This is usually exemplified by frequent phone searches that usually lead to the incrimination of citizens.” While Gwain believes the bill is a good step forward, he however holds that it will make more sense if the government considers the introduction of a comprehensive digital rights bill, to guarantee certain freedoms online. “Cameroonians’ right to internet access and affordability are not yet guaranteed. Without a comprehensive digital rights bill for Cameroon that prohibits internet shutdowns in the whole or parts of Cameroon, as obtained in 2017, where the internet was shut down in the two English-Speaking regions of Cameroon under the pretext of national security and public order, the personal data protection draft piece of legislation will have no value,” Gwain argues. “The internet must not only become a public good but we must have a bill that expressly stops Cameroonians being held Incommunicado from becoming a norm. I also expected our legislator to be foresighted enough to begin to align our digital legislation to the decentralization process that Cameroon is currently involved in. What about proposing a forward-looking legislation that gives powers to municipal authorities to create bandwidth centers and only purchase internet from ISPs, rather than allowing individual internet users to purchase expensive internet?” he wonders. “We need a legislation that could decentralize internet services the way roads, water, and education services are being decentralized to regional and local authorities.” | | | | |wild 9 gameplay

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HAS DEADLINE NOTICE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Hasbro, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – HASProspect Capital Co. ( NASDAQ:PSEC – Get Free Report ) CEO John F. Barry purchased 2,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The stock was acquired at an average price of $4.29 per share, with a total value of $8,580,000.00. Following the completion of the purchase, the chief executive officer now owns 79,477,549 shares in the company, valued at $340,958,685.21. This represents a 2.58 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Prospect Capital Trading Down 1.6 % Shares of NASDAQ PSEC opened at $4.26 on Friday. The company has a market cap of $1.86 billion, a PE ratio of -16.38 and a beta of 0.97. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.48 and a current ratio of 0.48. The firm’s 50 day moving average price is $4.69 and its 200-day moving average price is $5.11. Prospect Capital Co. has a 52-week low of $4.09 and a 52-week high of $6.26. Prospect Capital ( NASDAQ:PSEC – Get Free Report ) last released its quarterly earnings data on Friday, November 8th. The financial services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $196.31 million during the quarter. Prospect Capital had a positive return on equity of 12.19% and a negative net margin of 2.23%. Prospect Capital Dividend Announcement Institutional Investors Weigh In On Prospect Capital Hedge funds and other institutional investors have recently made changes to their positions in the business. Rothschild Investment LLC bought a new stake in shares of Prospect Capital during the 2nd quarter valued at $27,000. Global Assets Advisory LLC bought a new stake in Prospect Capital during the third quarter valued at about $64,000. Family Wealth Partners LLC purchased a new stake in Prospect Capital in the third quarter worth about $74,000. Captrust Financial Advisors raised its stake in shares of Prospect Capital by 34.9% in the third quarter. Captrust Financial Advisors now owns 14,247 shares of the financial services provider’s stock worth $76,000 after buying an additional 3,686 shares during the period. Finally, AE Wealth Management LLC purchased a new position in shares of Prospect Capital during the 2nd quarter valued at about $80,000. Hedge funds and other institutional investors own 9.06% of the company’s stock. Wall Street Analyst Weigh In Several research firms have recently issued reports on PSEC. Wells Fargo & Company lowered their target price on shares of Prospect Capital from $5.00 to $4.50 and set an “underweight” rating for the company in a report on Friday, August 30th. StockNews.com upgraded Prospect Capital from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Get Our Latest Research Report on PSEC About Prospect Capital ( Get Free Report ) Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. Featured Stories Receive News & Ratings for Prospect Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prospect Capital and related companies with MarketBeat.com's FREE daily email newsletter .

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