Well this is terribly worrying. Yesterday, Barclays bank – one of the biggest banks in the world – was fined a record £290 million for attempting to manipulate the world’s benchmark borrowing rate – the Libor. This is a huge blow to the bank’s reputation and raises questions over the future of chief executive Bob Diamond. Up to 40 other global banks face being named and shamed too.
This episode is for all the corporate grunts out there. Have you ever left a business meeting with the feeling that crucially important details weren’t absorbed by the already drenched sponge that is your brain? You bet your sweet little corporate bum you have. Ever had a follow-up meeting and embarrassed yourself because you couldn’t […]
Wow, I don’t know if you have the latest issue of Noseweek handy, but there is a very spicy story inside. They (Noseweek) are claiming that Independent Newspapers hid a story from publication, because Auction Alliance had power over them, due to a kickback they (Argus – Independent Newspapers) had received. Here is an excerpt: […]
With the rise of online and more than 12% of South Africa’s population now accessing the internet, online marketing is at the forefront of any company’s marketing strategy. Back in the day, during the Internet’s infancy, searching for things online was difficult. However, since then, search engines have upped their game and made it easier […]
Frank.net sell Life Cover, Disability Cover, Serious Illness Cover, and Salary Protection directly to people without using brokers. They’re backed by Munich Re – the world’s leading re-insurer – so you never have to worry if they actually have the money. They tell it like it is, and don’t hide behind big words or misleading […]
The Department of Environmental Affairs (read: the South African government) has welcomed (obviously?) the Council of the Global Environment Facility’s approval of R25 million worth of funding aimed at strengthening the current wildlife forensic capabilities in South Africa. The donation will help combat wildlife crimes like rhino poaching.
The Economist has surprised everybody by doing something fun, using the United Nations’ World Drug Report 2012 (released yesterday) to generate a map of the world’s heaviest weed users. The Pacific island of Palau wins easily, with nearly a quarter of people aged 15 to 64 having smoked pot in the past year. South Africa does okay, too.
Earlier this month Vision Of Humanity released its latest Global Peace Index of 158 countries, on it South Africa place 127th. SA dropped 29 places from when it sat at 98 in 2007. Conversely, the world has become more peaceful for the first time in three years.
Cyprus has become the fifth euro zone country to seek emergency funding from Brussels, and it may require a bailout amount worth up to half the size of its economy. We’re not talking the kind of numbers that Spain and Greece have been after, but when half of your economy is looking a bit worse for wear, it’s not ideal.
Roses are red, violets are blue, but no matter the colour, Moses needs Lobola! That was the story that Moses Nefale shared with Sanlam as part of his entry to the Sanlam National Start Something Day competition. In a world of uncertainty and unrest, Moses looked back to his roots and decided that it was […]
The issue of the construction of a luxury hotel development in the Kruger National Park was discussed at length on 2oceansVibe last year when the weighty issue of hotel development in the Kruger National Park became public knowledge. The first of these developments, to be built near the Malelane Gate, the most convenient entrance from Johannesburg and the airport in nearby Nelspruit, is finally about to get underway.
DStv has recently graciously lifted its self-imposed suspension of Nando’s “Diversity” anti-xenophobia ad. But it seems this incredibly generous move by DStv has gone unappreciated by Nando’s. The restaurant-chain says it won’t be spending any money to have that advert flighted on DStv.
After Nando’s brought to everyone’s attention that the Khoisan are the only true inhabitants of South Africa, this seems appropriate. The suggestion of a new name for Cape Town comes after the memorial service of Khoisan traditional leader, Dawid Kruiper, who passed away earlier this month.
It’s quite rad to be in that gang of famous people who own their own islands. But you’ve done something particularly impressive when the aerial photo of your island is actually a satellite photograph. You gotta give it to Oracle boos, Larry Ellison – he really nailed it with this latest $500 – $600 million […]
More than a year after 2oceasnVibe first covered the story about South Africa’s only ski resort going under the hammer, the resort will finally be sold in a “no reserve” auction on July 12 this year. Now you can really own it. Auction Alliance didn’t crack the nod for this one, so expect everything to be above board.
South African director, Oliver Hermanus, is out to make waves again when he begins work on The Well. His most recent success came in the form of the Afrikaans film, Skoonheid, that debuted at Cannes’ Un Certain Regard in 2011. The Well will see Hermanus reteam with Didier Costet, his French producer-distributor on Skoonheid.
We just received these incredible images of the Top Gear Festival in Durban from our friends at OverdriveTV. If you were there you might want to take a look at these. But if you weren’t, check out some of the things The Stig and compnay got up to!
Associated Magazines CEO Jane Raphaely visited the 2oceansvibe Radio studio on Thursday morning, on the Hardiman Versus Williams show. Jane spoke at length about the launch of her candid biography, Jane Raphaely Unedited, which is available from all leading book stores. Besides being a fantastically interesting woman, Jane was frank and honest concerning her life, and the growth of […]
The hidden and unknown has fascinated man since the beginning of time, and with the advent of civilisation, forgotten treasures have become harder and harder to find. But what if we want to delight in exotic pleasures and indulgent luxury, free of everyday restraints and in perfect harmony with nature… to escape in an untouched […]
Here’s a Friday-feel-good story for you all, executive chairman and CEO of Richemont, Johann Rupert, took home €3.6 million for the year and instead of buying a new yacht or diamond-infused body lotion he promptly donated it to charity.
Judgement was handed down yesterday afternoon in the Cape High Court that means that the application for a warrant sought by the Estate Agency Affairs Board to search the offices of Auction Alliance in Cape Town, Durban, and Johannesburg, was temporarily rejected. The auction house won’t be counting its chicken before they hatch, though.
Fruit and Veg City has been taking a social media lambasting from irate consumers that caught the fresh food retailer selling endangered fish species in a few of their stores. Debate was intense, with both customers and Fruit and Veg City getting in on the action. The retailer has since issued an official statement detailing how they plan to handle the situation of endangered fish “slipping through their nets”.
Much hype has been made about the imminent visit from 19-time English Premier League Champions, Manchester United. But, the City of Cape is expected to make a R3,7 million loss for hosting the event at the Cape Town Stadium. The city’s mayoral committee member for tourism, Grant Pascoe, argues that, despite the loss, hosting the match is part of the City’s drive to market itself as an “events destination”.
Soon the South African Revenue Service will have the power to search and seize relevant material without the need for a warrant, a tax expert has today told the City Press. The Tax Administration Bill could “have serious and significant ramifications” for taxpayers, the expert continued. However, this doesn’t appear to be a bad thing, if you’ve got nothing to hide.
Not one of South Africa’s TV channels have had the balls to show the new Nando’s TV advert. So TopTV has decided to step up and teach the rest a lesson in freedom of speech. They say it should be up to the public to choose whether or not they want to watch it.
As Google becomes more and more a part of our daily life, they add features that are actually very useful. Like real-time traffic overlay on Google Maps for instance. Seven new countries, including South Africa, received access to the new service as of today. Click through to find out how it works.
Forbes on Tuesday released its list of the 100 highest paid athletes, boxer Floyd Mayweather Jr., nicknamed “Money,” is in the top spot with earnings of $85 million. He is a solid 23 million ahead of second placed Manny Pacquiao, and miles ahead of the only South African on the list, Ernie Els, who is in 91st place with earnings of $17,4 million.
2oceansVibe reported yesterday that Microsoft was to unveil a tablet it thought could “rival the iPad”. Microsoft did in fact unveil a tablet overnight that it’s called the Surface. The world’s largest software maker will now also launch its touch-friendly new Windows operating system later this year as a standard on the tablet. It hopes to make a big impact with its new device.
Viral videos are where it’s at these days, try think of brand that’s managed to hold your attention for more than a fleeting moment without using one. Came up blank? Me too. Now imagine being on the other side of the fence and trying to come up with said, amazing video. Still blank? Fear not, August’s Viral Video Concept Generator has got you covered.
Yesterday, the Western Cape High court handed down a judgement that ruled that National Consumer Commissioner, Mamodupi Mohlala-Mulaudzi, acted outside of her powers when she summoned three Auction Alliance executives, including Rael Levitt, to appear before the National Consumer Commission earlier this year. It’s a notable victory for Auction Alliance, but doesn’t rule out a criminal investigation into possible fraud.