ZIMBABWEAN COUPLE DEPORTED OVER SECRET BURIAL OF CHILD IN BOTSWANA.(PHOTO)

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 ZIMBABWEAN COUPLE DEPORTED OVER SECRET BURIAL OF CHILD IN BOTSWANA A Zimbabwean couple has been deported from Botswana after secretly burying their child without notifying authorities. Motilinah Mpofu and Christopher Ncube were convicted on Thursday of concealing a death after they allegedly dug a grave for their child in the dead of night. The Gaborone court heard the child had died suddenly. Instead of reporting the death to police, health officials, or traditional leaders, the couple quietly buried the youngster and hoped no one would find out. But the secret did not stay buried for long.   Police moved in and arrested the pair. In sentencing, the court ordered that the couple be taken to the Plumtree Border Post for deportation to Zimbabwe.  Top Botswana lawyer Winnie Masitha who offered the couple free legal representation during the trial, confirmed the deportation to BTV News. Masitha believed that the matter should not be viewed only through the lens of crim...

TESLA CEO ELON MUSK WINS $55 BILLION COMPENSATION PACKAGE IN DELAWARE COURT RULING. (PHOTO).


 Tesla CEO Elon Musk wins $55 billion compensation package in Delaware court ruling

Elon Musk, already the world’s richest person, secured a massive financial victory Friday when the Delaware Supreme Court overturned a prior ruling that had stripped him of a $55 billion pay package awarded by Tesla in 2018 as an incentive to grow the company.

The reversal not only adds to Musk’s current fortune of $679 billion but also validates his long-standing assertion that the Delaware court overstepped its authority when Chancellor Kathaleen St. Jude McCormick rescinded the package in January 2024 following a lawsuit from a Tesla shareholder. Tesla did not immediately comment.

The 2024 ruling had angered Musk enough to prompt him to reincorporate Tesla in Texas, creating pressure on the board to reassure their CEO. Shareholders later voted to reinstate the pay package, which had been valued at $44.9 billion during the second vote 18 months ago.

Musk’s compensation story continued this year with a new pay package that could reach $1 trillion if he boosts Tesla’s market value from $1.6 trillion to $8.5 trillion over the next decade, a plan shareholders approved last month.

When the 2018 package was first created, Tesla’s market value was between $50 billion and $75 billion, and the company was still grappling with production challenges and cash flow concerns. Over time, improved manufacturing and strong sales helped Tesla meet the performance targets tied to Musk’s payout.

McCormick had originally ruled the package was improperly structured, citing a board too closely aligned with Musk, including evidence from his 2022 testimony. The Delaware Supreme Court, in a 49-page decision, found multiple errors in that ruling, restored the 2018 compensation package, and awarded Tesla $1 in nominal damages.


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