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Economics
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Here Is The New £1 Coin [IMAGE]
19 Mar 2014 by Jasmine Stone / No Comments
Here is the new £1 coin for numismatists, a big word for coin collectors, to drool over. The new 12-sided design, similar to the three pence piece currently in circulation, is said to be the hardest in the world to fake.
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Here’s Warren Buffett’s Investment Tip For Bitcoin
17 Mar 2014 by Jasmine Stone / 1 Comment
Bitcoin is an incredibly divisive topic. Should you buy, should you sell? Perhaps you should ask Warren Buffett. Here’s his advice.
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Naspers’ Chinese Company, Tencent, Is Opening A Private Bank
12 Mar 2014 by Jasmine Stone / No Comments
Internet firms Alibaba and Tencent are among 10 other companies shortlisted to set up private banks in China.
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Attention Small Business Owners: This Is The Role Of An Incubator [INFOGRAPHIC]
10 Mar 2014 by Jasmine Stone / No Comments
Normally only big corporate buy outs or investments make the headlines. But investing in startups is a strong area of interest for large corporations. A small business’s growth is often accelerated by investment by major corporations. So what do they get out of it?
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Meet The Ex-Billionaires Who Squandered Their Riches
10 Mar 2014 by Jasmine Stone / 1 Comment
A lotto winner wasting his windfall on parties and hookers, or a retired sports personality sitting in a spot of financial bother doesn’t come close to comparing to these gentleman. After making it to the pinnacle of the billionaire echelons, more than a few have made quick work of losing it all.
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These Are The World’s Youngest Billionaires
04 Mar 2014 by Jasmine Stone / No Comments
It’s time to make you feel like you haven’t accomplished a dang thing in your life. 31 of the 1,645 people that made the Forbes Billionaires List are under the age of 40. Here are the five youngest billionaires on the planet.
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Bitcoin Exchange MtGox Files For Bankruptcy
28 Feb 2014 by Jasmine Stone / No Comments
Just a few days after BitCoin exchange, MtGox has gone offline, the company has filed for bankruptcy protection. Their claim has been approved by a district court in Tokyo. At the court hearing MtGox stated they had outstanding debts of about R67.9 million.
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SA’s Economy Enjoys Unexpected Growth Spurt In The Last Financial Quarter
25 Feb 2014 by Jasmine Stone / No Comments
Statistics South Africa showed that the economy grew more than expected in the last financial quarter of 2013. The SA economy achieved a surprising 3.8% quarter-on-quarter growth, after the third quarter only showed 0.7% economic expansion.
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High Times Ahead In Venture Capital
29 Jan 2014 by Jasmine Stone / No Comments
With the the $1.4 billion legal marijuana market expected to grow to $10.2 billion in the next five years, entrepreneurs and venture capitalists alike are climbing into the newly formalised weed economy. No more the breeding grounds of syndicates and criminals, astute businessmen aim to capitalise on the “high-tech” weed industry flourishing in US states like California and Colorado.
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This Is Why Foreigner-Run Spaza Shops Outperform Locals
23 Jan 2014 by Jasmine Stone / 1 Comment
When was the last time you entered a corner shop that was locally owned and operated?
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Bill Gates Wants To Eradicate Poor Countries By 2035
21 Jan 2014 by Jasmine Stone / No Comments
More accurately, he’s aiming to eradicate the poverty, not the countries. Every year for the past five years, Bill and Melinda Gates have published an annual letter in which they tally the success or failures of their foundations, and set the philanthropic agenda for the next year. This year’s annual letter, which was released today, goes down a slightly different path. Rather than a letter, it’s more of a manifesto.
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Alarming Interview With A Guy Who Worked For The Real ‘Wolf of Wall Street’
09 Dec 2013 by Jasmine Stone / No Comments
Josh Shapiro always knew he wanted to make as much money as possible. Which is why, when other people his age were floundering, he was raking in thousands of dollars every day.
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Enjoy This Brand New Interview With Bernie Madoff
09 Dec 2013 by Jasmine Stone / No Comments
Good ‘ol Bernie Madoff. The former non-executive Chairman of the NASDAQ , stockbroker and financier who admitted to operating in a Ponzi scheme considered to be the largest financial fraud in US history, agreed to an interview with the Wall Street Journal while incarcerated.
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Naspers Stocks Have Just Torn Through R1,000 Per Share
06 Dec 2013 by Jasmine Stone / No Comments
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. […]
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Mango Airlines Give Middle Finger To ASA
06 Nov 2013 by Jasmine Stone / 2 Comments
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.
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Mango Airlines Seem To Be Lying About Internet On Board – Forced To Remove Claims
06 Nov 2013 by Jasmine Stone / 10 Comments
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.
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The First Instagram Ad Was For Michael Kors – See It Here [PIC]
04 Nov 2013 by Jasmine Stone / No Comments
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.
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Enjoy These Business Tips From A Billionaire Who Used To Be A Hobo [VIDEO]
29 Oct 2013 by Jasmine Stone / No Comments
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.
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This Is Why Starting Your Business On The Side Is A Good Idea
29 Oct 2013 by Jasmine Stone / No Comments
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.
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The Comprehensive Guide To Making Money From The Internet [INFOGRAPHIC]
28 Oct 2013 by Jasmine Stone / 1 Comment
“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.
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The World’s First Bitcoin ATM Is On Its Way [VIDEO]
28 Oct 2013 by Jasmine Stone / No Comments
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.
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The US Government Is About To Shutdown – Read This To Understand What Is Going On
30 Sep 2013 by Jasmine Stone / 2 Comments
So the US Government might “shutdown” tomorrow – but what does that mean? Don’t worry, we’re here to educate, keep reading…
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This Is Why SA Consumers Are Buying More Cars Than The 2007 Peak
02 Aug 2013 by Jasmine Stone / No Comments
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.
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Thailand Becomes First Country In The World To Declare Bitcoin Illegal
30 Jul 2013 by Jasmine Stone / No Comments
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 […]
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The Royal Baby Is Worth R7 Billion To The British Economy
24 Jul 2013 by Jasmine Stone / No Comments
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 […]
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The Fall Of A Giant: This Is How Brazilian Tycoon Eike Batista Has Lost Billions In The Space Of A Year
25 Jun 2013 by Jasmine Stone / No Comments
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.
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Bank Executives Caught On Tape, Laughing That They’ll Never Pay Bank Bailouts Back [VIDEO]
25 Jun 2013 by Jasmine Stone / No Comments
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.
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Hallelujah – Local Cars Sales Were Up By Almost 10% In May
04 Jun 2013 by Jasmine Stone / No Comments
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.
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Zuma Tells The World That Strikes Are Normal, The Rand Cruises Past The R10/Dollar Mark
30 May 2013 by Jasmine Stone / 5 Comments
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.
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And The Happiest Nation In The World For 2013 Is…
29 May 2013 by Jasmine Stone / 1 Comment
Click here to find out who succeeded as the happiest developed nation in the world…
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