Koos Bekker’s Naspers is doing very, very well. Thanks for asking. And it’s all on the back of TenCent, and a weak Rand. This, from Fin24: At 10:22, Naspers shares, which gained over 80% this year, were changing hands at a new record high of R1010.98, tracking a surge in Tencent shares in Hong Kong. […]
Just after we published the article on Mango Airlines and their case with the ASA, we had a little squizz on their website to see if they had obeyed the ASA’s ruling – and we found something that might be of interest.
Last year, Mango airlines famously became the first South African airline to offer in-flight internet access. Strangely, Mango also became the first South African airline to lie about having internet access on board. Yup, the Advertising Standards Authority has decided that, in order or you to use WiFi access as part of your marketing strategy, you need to actually have WiFi.
A while ago we broke the news that Instagram would soon be placing ads in your news feed. Many people were miffed, but many applauded Instagram for allowing users to close the ad once they’ve seen it, and for allowing feedback about how to make ads more aesthetically appealing and personally valuable. The first of what will be a long line of instagram ads appeared on users’ screens last friday, and it was an ad for American designer Michael Kors.
John Paul DeJoria was a hobo – but he always had good taste. Even in his homeless days, he slept in an old Rolls Royce along LA’s Sunset Strip. But he had plans. Years later he finds himself in more comfortable conditions, having founded the stupendously successful Paul Mitchell Systems, and Patron Spirits.
Budding entrepreneurs out there will be keen to pack it up at their current job, sign a lease for a new office space, and ship out immediately. But in such a competitive market where more businesses fail than succeed, its important you consider every step as carefully as possible. The first step is to decide whether to keep your job, and have your business on the side or to go the full Montgomery Burns and dive straight in to business. Here are a few reasons why you ought to be doing the former.
“Google has blessed me with a R4000 p/m job from home” – this is how easy it is to make money off the internet, if we are to believe popular banner ads. In reality, making money from the internet is no easier than making money in real life – you need a certain set of skills executed in just the right way in order to ensure results.
If you’ve been reading our stories on bitcoins recently you’d be forgiven for thinking that Bitcoin is only used by the most nefarious online criminals, because they are largely untraceable. You’d be partially wrong though, as absolutely anyone can use Bitcoin anywhere in the world. And now, the ever-progressive Canada is launching the very first Bitcoin ATM.
So the US Government might “shutdown” tomorrow – but what does that mean? Don’t worry, we’re here to educate, keep reading…
Vehicle sales for the month of July are the best they have been since July 2007 and it is probably a result of the weaker rand coupled with consumers fears of how this will impact them.
Thailand has the ignomous distinction of being the first country in the world to ban Bitcoin. This, from AP: The company overseeing bitcoins in Thailand said on its website that the central bank informed it on Monday that it’s illegal to trade bitcoins, move them in or out of the country, or use them to […]
The latest addition to the royal family has captured the attention of the world. The media have been keeping a close watch on the Duke and Duchess of Cambridge and their new baby boy. It’s no wonder that this worldwide attention has resulted in companies wanting to cash in. They’ve been producing merchandise like royal […]
Brazilain billionaire Eike Bastista has fallen on tough times losing billions in the space of a year. The tycoon, once number 7 on the Forbes wealthiest list, is now being called the “master of road shows” by critics.
Top executives at Anglo Irish Bank have been caught on tape laughing and joking about how they would never be able to pay back the money they received from the state for bailouts.
Figures released on Monday by the department of trade and industry indicate an increase in car sales for the month of May. But this increase is no indication of car sales for the remainder of the year.
Zuma addressed reporters this morning at the Union Buildings in Pretoria on the general state of the economy, and government’s plan of action to stabalise the mining sector. Following the speech, the Rand slid from R9,71, to over R10 to the US Dollar, this afternoon.
Click here to find out who succeeded as the happiest developed nation in the world…
The rand is currently standing at 9,6980 to the dollar – the lowest it has been in the last four years.
Two German economists have released research detailing the stupid and bad decisions we make due to capitalism. Consumers still purchase from retailers that have been linked to the deaths of over 1 000 textile workers.
A worldwide survey displays the countires that are the most and least tolerant regarding race. Would the colour of your neighbour bother you?
For years, science has agreed that plastic waste is destructive for our environment , but not according to Somerset West inventor, William Graham. To Graham, the tons of plastic waste produced by our society on a weekly basis is an ever-growing stack of gold
Identical twins, Tyler and Cameron Winklevoss have amassed the single largest portfolio of online currency over the last six months, and it’s all in Bitcoins. The Winklevii, as they are better known, say they own nearly 1% of all available Bitcoins.
The Brics nations of Brazil, Russia, India, China and South Africa are aiming to establish a new development bank during the annual conference which began yesterday in Durban. The leaders of each of the five developing countries will discuss bringing together foreign currency reserves to ward off balance of payments or currency crises. Martyn Davies, […]
Pope Francis is the new leader of 1,2 billion Catholics. But he’s also the man in charge of the Vatican’s finances. Former pope, Benedict made progress in reforming the Vatican Bank by replacing the president and creating a financial-intelligence committee after allegeations of abuse and mismanagement spanning decades. Recent controversy Modern controversy surrounding the bank […]
While introducing the bill yesterday, Transport Minister, Ben Martins said the Transport Laws and Related Matters Amendment Bill was essential for, “the appropriate implementation of the e-tolling system”, arguing that it was a requirement for the implementation of the Gauteng Freeway Improvement Project. The bill was approved with a majority vote by the National Assembly with 193 […]
We caught up with 2oceansvibe Media’s accountants, Galbraith Rushby, who gave us this thorough analysis on the 2013 Budget Speech and what it means for you and me. In English that you can understand! Click for more.
A man made island of sail-shaped skyscrapers surrounded by tropical seas was billed to be China’s Dubai. But unlike Dubai, Phoenix Island has not been able to rise from the ashes. Property on Phoenix Island is considered a bad investment in light of the recent economic downturn. With China’s unstable economy proving to be crippling for the […]
Banking giant and international doer of evil, J.P. Morgan Chase confirmed yesterday during an event for investors at its Midtown Manhattan headquarters that it plans to cut 17 000 jobs over the next two years while committing to a program of global expansion. With a current workforce of approximately 260 000, the bank plans to […]
Gasp, horror, shock. The poor government didn’t see that vast amounts of jobs would be lost as a result of their poor management of an on-going crisis in the mining sector in South Africa.
Sir Richard Branson, the maverick billionaire whose Virgin brand spans the globe, needs zero introduction. But what does need an introduction, is his appearance in South Africa early next year.