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 Dole Queue The towns of Thurles and Roscrea both recorded very slight decreases on the live register in North Tipperary between February and March last. The live register figure have fallen from 3,006 to 2,995 in the case of Thurles and from 1,455 to 1,450 in the case of Roscrea.
However the number of people signing on at Nenagh Social Welfare Office have now passed the 3,000 mark and now stand at 3,021 up from 2,996 at the end of February last .
According to updated figures from the Central Statistics Office, there are now a total of 7,466 names on the live register in North Tipperary, and the March overall totals represents a slight increase from the February figure of 7,457.
There are now 1,475 people under the age of 25 signing on in North Tipperary.
Overall county totals show that 4,648 unemployed are male, while the female figure has now increased to 2,818, with three times as many women as men being added to the live register over the last month.
The National Total at the end of March stands at 442,000, or an increase of 1,100 from February, having fallen in the previous two months.
 New Tesco Development, Roscrea A major Israeli investor, trading as RAVAD Ltd, is to invest €13m in a new Tesco store in Roscrea, Co Tipperary.
This property investment company is to ‘forward purchase’ the new Tesco store in the newly redeveloped town centre in Roscrea. Ravad plc, which is listed on the Israeli stock market, is to pay the €13 million for the 4,273sq m (45,000sq ft) supermarket in a deal that will show an expected return of 7%.
RAVAD Ltd and an unknown buyer acquired the 2.5 acre lot in County Tipperary from Tesco PLC on October 17th, 2010, with Ravad Ltd. acquired a 50% stake for €6.6 million. The other buyer acquired the remaining 50% stake.
Tesco will build a 4300 square meter supermarket on the lot and will lease back the premises for 15 years.
This sale may now encourage the National Asset Management Agency (Nama) to proceed with the disposal of some of the many Irish retail property assets presently under their control, following it’s ‘purchasing in’ of numerous distressed loans, all of which were acquired at substantial discounts.
The present Government has already indicated that it wishes Nama to proceed with its planned disposal programme. While the Tesco brand undoubtedly has a broad appeal among international investors, this decision by a major player, like Ravad Ltd, to invest in a provincial town in Ireland, will certainly take the Irish property market by surprise.
Currently under construction, this new store is being built above a 224 vehicle parking space area.
 Casino Gambling Architect Mr Brian O’Connell told the third day of An Bord Pleanála’s hearing into the Tipperary Casino proposed for Two Mile Borris that the project “is predicated on the licensing regime” and would depend on the present Government’s decision regarding the upgrading of Casino Laws. “There’s a new economic opportunity within the market for providing conference facilities within a casino hotel, the one wouldn’t proceed without the other” he stated.
However, he confirmed this would not affect the rest of the proposed complex, as the horse-racing aspect of the project is supported by Horse Racing Ireland, which invited expressions of interest for the development of an all-weather track in the Munster region some years ago. Existing tracks in Thurles and Tipperary (Limerick Junction) are expected to close, if this Tipperary Venue now is given the green light.
During questioning by sustainable planning expert and barrister James Nix, representing An Taisce, Mr O’Connell stated that the urban locations of venues such as the O2 in Dublin and the Odyssey Arena in Belfast were “inappropriate“, due to the influx of large numbers of people flooding into an urban setting for a short period of time. This situation now offered “strong argument” for the building of such venues outside existing city locations.
North Tipperary County Council granted planning permission for the project last year but the case was appealed to the board by some local residents and An Taisce who expressed concerns, include the level of traffic generated by this venue. Other concerns include noise, carbon emissions, helicopter use, the distance from public transport and the sustainability of such large-scale development.
However, presently across Europe, cash-broke governments have the impression that their way to reduce widening budget defecates are by taking up online gambling, a source of revenue they once viewed with justifiable distrust. Lot of European countries are currently planning to legalize online gambling and these include Greece, Switzerland, Spain, Germany, Denmark and France. Europe is the biggest online gambling market in the world and when this business is properly taxed, it will yield billions of euros to State coffers each year.
Presently large numbers of gamblers are being attracted towards Online Casino’s for the playing of Internet Poker and are moving sharply away from the land based Casino’s, as proposed for Two Mile Borris, Thurles, Co.Tipperary. This is since tax liability, in land based Casino’s is high and most of the offshore Online Casino’s remain out of reach of the dreaded tax collector. European governments are trying to bring this now indistinguishable business into the mainstream, by regulating and taxing them and bringing back worsening finances.
The Council of the European Union last December in their ‘Conclusions on the Framework for Gambling and Betting in the EU Member States,’ reminded us that major financial contributions, in particular from State Lotteries or Lotteries licensed by competent state authorities, play an important role in society, via for example the funding of good charitable causes, as presently with our ‘National Lottery’. People have only, even in the best of times, limited funds for gamboling. Their is now a real fear of the destabilizing of our state sponsored lottery, by allowing small monopolies and private gambling operators to hijack this arena, without considering the well being of all our citizens, particularly under the guise of providing imaginary future employment and at any cost.
It is interesting also to note that those now pushing this agenda are amongst those that benefited greatly from exceptional treatment, doled out during the ‘Celtic Tiger’ era, namely those in the Horse breeding industry, e.g. “covering fee,” which the European Commission have now deemed as an illegal form of state aid.
The hearing concluded yesterday, and a decision is expected by the end of this month.
 Nenagh Open Coffee Club After an absence of several months the Nenagh Open Coffee Club is launching again on Saturday March 12th next, in the Abbey Court Hotel Nenagh.
Open Coffee Clubs were originally begun to encourage entrepreneurs, developers and investors to organise real-world informal ‘meet-ups’ to chat, networks and grow.
The events are for anyone who runs a business, thinking about starting one, interested in investing in one or who has any sort of interest in business AND who is willing to meet like minded people, in order to share thoughts and experience, in order to improve the business environment in their area.
The Nenagh event is organised by Mr Evert Bopp, serial entrepreneur and founder of a number of business support programmes across Ireland.
Mr Bopp stated:-
“In the run-up to the general elections I have studied the economic and social environment of North Tipperary again and what I saw was worrying. Jobs were being lost at an alarming rate, businesses were closing at an alarming rate and 3 years into the depressions there was still no cohesive action being taken to address this trend. The Nenagh Open Coffee Club is a grassroots approach to tackling these problems by bringing entrepreneurs, innovators, investors and other like-minded people together and in a informal surroundings we will create an environment of sharing and exchange. This has proven to lead to a more productive and healthier business community. People learn from each other and eventually deals are done. This is not a hard-sell or a pitching event. I am looking forward to meeting lots of members of the North Tipperary business community on March 12th and hope that some of the representatives of public sector organisation, as well as politicians that I have invited, will also deem the event worthy of their presence.“
More details are available here or by phone at: 086/8645099.
 Connemara Sole Venture Licences Irish zinc explorer Connemara Mining stated this morning that it had begun drilling on its three-licenced Thurles block, near the existing Lisheen mine near Moyne, Thurles, in County Tipperary.
The initial programme is for three 300 metre holes, the locations of which have been selected following region
al and detailed geophysics and geological modeling. The holes will be drilled on the northern hanging wall of faults, along the floors of the Littleton Inlier. The future target is a Lisheen style zinc and lead discovery project.
The company’s chairman Mr John Teeling said: “Zinc in Ireland is a good story. Our discovery at Stonepark, that of Xstrata and Minco beside us, and reported extensions at the Navan and Lisheen zinc mines combine well, with a strong demand and prices to produce an industry in good health. Our exploration ground in the Thurles area is sharing many of the characteristics of the nearby Lisheen mine. We have reviewed all existing data on the licences and conducted detailed geophysics. As a result we have identified three targets. This is high risk early stage exploration, but the potential is good.”
Connemara Mining Company plc, owner of the Stonepark zinc-lead project near Limerick, was established in 2006, by veterans of the Irish zinc industry, to exploit zinc opportunities in Ireland and currently holds 38 prospecting licences in central and south-west Ireland. Connemara’s licences are for some or all of the base metals (Bm), barite (b), gold (g), silver (s), and platinum group elements (PGE). The Connemara exploration philosophy is trendology and closeology – follow the mineralised trends and obtain ground as close as possible to existing or former zinc/lead mines.
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