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The major practical achievements of the OAU were mediations in several border disputes, consisting of those of Algeria and Morocco (196364) and Kenya and Somalia (196567 ). It kept an eye on events in South Africa and promoted international economic sanctions versus that country as long as the main policy of apartheid was in location.

In 1998 the OAU sponsored a worldwide panel headed by former Botswanan president Ketumile Masire to investigate the genocide that happened in Rwanda in 1994; its report was launched in 2000. Likewise in 2000, in a move led by Libyan leader Colonel Muammar al-Qaddafi, it was proposed that the OAU be changed by a new body, the African Union.

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A Constitutive Act, which offered the facility of the African Union, was ratified by two-thirds of the OAU's members and entered into force on May 26, 2001. After a transition period, the African Union replaced the OAU in July 2002. In 2004 the AU's Pan-African Parliament was inaugurated, and the organization agreed to develop a peacekeeping force, the African Standby Force, of about 15,000 soldiers.

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NIGO is an acronym that represents "not in excellent order." In  The Latest Info Found Here , insurance, or pretty much any other market that requires paper files to be submitted, a file is thought about "not in great order" when it is submitted with missing out on or incorrect information. This is a remarkably typical problem, especially when files have whole sections that only use to specific types of investors and are not applicable to others.

There are two significant problems brought on by high rates of NIGO documents: Since of the additional time and man-power required to right mistakes, NIGO documents can cost a company 3-4 times as much to procedure as a file that is sent properly the first time. This may not appear like much of a problem if your company is just dealing with a few documents submitted with mistakes, but when it comes to the securities industry, an average of 30% of documents qualify as NIGO.

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While the expense of remedying NIGO documents is high, the expense of not fixing them is even higher. In some circumstances, financiers will change their minds in between the time they submit a document and the time your business connects with them to appropriate errors. Some may even pull out of the financial investment because the process is so error-prone.