Young man sets up portable sinks to keep Badin safe from coronavirus

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Updated 27 March 2020
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Young man sets up portable sinks to keep Badin safe from coronavirus

  • Odhejo is raising awareness about social distancing rules, has set up sinks and sanitising stations around the city of 400,000
  • Pakistan’s southern Sindh province has reported more than 400 confirmed cases of the novel coronavirus so far

KARACHI: Badin city in Pakistan’s southern Sindh province, which has reported more than 400 confirmed cases of the novel coronavirus, is so far safe from the epidemic — and one local man has resolved to ensure that his city’s tally remains at zero.
Abdul Karim Odhejo, a student who heads the Badin Youth Organization and has been raising awareness about social distancing rules since the virus first broke out in Pakistan last month, has set up two mobile sanitizing stations, with sinks and hand sanitizers, in Badin, a city of 400,000. The sinks can be found at Qazia Wah and DHQ Hospital in the city.
“Our small city of Badin has remained safe from the virus until now and we want it to stay that way,” Odhejo told Arab News on Thursday
“We decided to build washbasins and place hand sanitizers at a couple of places in our city to help people stay clean and safe,” said Odhejo who turned to websites like Google and YouTube to learn how to make the portable sinks.
After producing a few sinks, Odhejo requested people on Twitter for help, wanting to expand the initiative to Karachi and Sukkur, Sindh’s worst-hit cities.

“If we get requisite help and material, we can make hundreds of such washbasins for people to wash their hands, keep themselves clean, and give awareness to others,” Odhejo said. “We are facing the worst challenge … But if we wash our hands and maintain distance from others we may stop this dangerous virus from spreading further.
Another country that has officially followed this route is Rwanda, which is guarding against the spread of coronavirus by flooding its capital with portable sinks at bus stops, restaurants, banks and shops across the capital Kigali. Rwanda has not recorded any cases of the virus so far
Health experts say the coronavirus spreads primarily through tiny droplets coughed or sneezed from an infected person and then inhaled by another. Vigilant hygiene can prevent transmission, they say.
On its website, the US Centers for Disease Control lists frequent hand-washing for at least 20 seconds and disinfection of surfaces with an alcohol-based cleaner as methods of prevention. Scientists have yet to develop a vaccine to prevent the disease.
The number of confirmed cases in Pakistan has soared to more than 1,000 this week, largely driven by a wave of pilgrims returning from Iran who Pakistani authorities said were inadequately tested and improperly isolated. At least eight people have died from the disease in Pakistan in the past week.
Thousands of people now need to undergo the slow process of retesting, and authorities fear the number of cases could surge in coming days. A near lockdown is being observed across the country and public officials have issued various advisories about social distancing and hand-washing.


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.