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Business
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Knott-Craig Says Telkom Did The Right Thing
08 Jun 2012 by Jasmine Stone / 1 Comment
Cell C’s Alan Knott-Craig Senior says he’s not surprised by the Cabinet’s decision to turn its nose up at a proposal from Korea Telecom to buy a 20% stake in Telkom. Why: because in the past, foreign companies have let South Africa down. He says governments, especially in developing countries, have to be involved in telecommunications penetration.
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Catch ETV’s Tech Report Tonight, 21h30 – Channel 403
07 Jun 2012 by Jasmine Stone / 2 Comments
The latest in the hottest gadgets, apps, and tech news. ETV Primetime. Channel 403. Thursday, 21h30. And this is how we roll.
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Do Ideas: A Book About Doing Your Ideas
07 Jun 2012 by Jasmine Stone / No Comments
A very stimulating new book has just launched: Do Ideas. The book, curated by Don Packett, features contributions from some of South Africa’s brightest minds. They want you to embrace your ideas: “don’t be afraid”, they say. The best bit? It’s free, and online. Go on, you want to have a look.
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ABSA Has Taken Over Edgars Store Cards
07 Jun 2012 by Jasmine Stone / No Comments
South Africa’s largest bank has announced that it will be taking over Edcon’s unsecured lending portfolio, which is fancy speak for all of its store cards. This is the bank’s largest investment since the takeover by Barclays a few years ago.
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5FM DJ Euphonik Hands Himself Over To Police
07 Jun 2012 by Jasmine Stone / 1 Comment
Reports claiming 5FM DJ Euphonik assaulted his media personality ex-girlfriend, Bonang Matheba, last week, went largely unnoticed in the press. But we can now reveal that one of 5FM’s top-rated DJ’s has handed himself over to the police, following three criminal charges that have been laid against him by Matheba.
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Louis Theroux: Pornography Is Advertising For Prostitution
07 Jun 2012 by Jasmine Stone / No Comments
He’s at it again. Louis Theroux has dived back into the hornet’s nest of the American porn industry 15 years after his intial foray. What he has found is that an industry that used to make billions is now fighting for survival, as so much free pornography is available online. Things have got to a point where Theroux says that pornography is now simply advertising for prostitution.
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Nando’s Prepares To Battle TV Ban
07 Jun 2012 by Jasmine Stone / 1 Comment
Less than a week ago Nando’s launched their popular #Diversity campaign, which celebrates SA’s rich cultural heritage. Shortly afterward, local channels banned the television ad, which they claimed “trivialises xenophobia” and “could be deemed offensive”. Nando’s are not having it.
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Nasdaq To Reimburse Facebook Investors $40 Million
07 Jun 2012 by Jasmine Stone / No Comments
You might have picked up in the Morning Spice headlines that the Nasdaq stock exchange said it “owe[d] the industry an apology”. It’s gone a little further now, and says it will set aside $40 million to reimburse investors that suffered losses due to technical problems on Facebook’s first day of trading.
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Cell C Slashes Contract Prices By Up To 50%
06 Jun 2012 by Jasmine Stone / 1 Comment
Following the announcement that Cell C had drastically dropped their prepaid cell rates, Alan Knott-Craig Senior has seemingly checkmated the competition yet again. Cell C announced today that they would also be reducing their contract rates with the launch of six “Straight Up” packages for postpaid and Top-Up customers on 22 June 2012. This is big.
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Cape Town Considering Commercial Uses for Stadium
06 Jun 2012 by Jasmine Stone / 1 Comment
Trying to avoid the title of White Elephant trainers, the City of Cape Town is considering turning Cape Town Stadium “into a hub of commercial activity”. The idea is to introduce restaurants, night clubs, sports bars and coffee spots to the stadium to make back some of the R44,6 million a year running costs.
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Welcome To The New, Larger Internet: IPv6 [VIDEO]
06 Jun 2012 by Jasmine Stone / No Comments
Right now, you could be using the new Internet, and you probably didn’t know. Essentially, the Internet got too small, and we’d have run out of addresses if they didn’t do something about it. But, we’ll let Vint Cerf, Google’s Chief Internet Evangelist, guide us through the jargon.
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Getting Divorced? Check Into A Divorce Hotel
05 Jun 2012 by Jasmine Stone / No Comments
Are you fed up with your marriage? Well you can now check in to one of a number of Dutch hotels for a long-weekend and get your divorce sorted at the same time. A great idea, I call it the reverse-honeymoon.
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Sony Not Making Anyone Believe, Shares Lowest Since 1980
05 Jun 2012 by Jasmine Stone / No Comments
Sony shareholders looked on as they watched the electronics and entertainment giant’s shares fall below 1 000 yen for the first time since 1980 yesterday. The Tokyo stock market took a dive early Monday after a dismal performance from Wall Street, bad US job data, and amid other global economic concerns.
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“We’ve Heard It All Before” – Obama’s New Attack On Mitt Romney [VIDEO]
04 Jun 2012 by Jasmine Stone / No Comments
On the back of the release of new and depressing US job data, Barack Obama has timed an attack on Mitt Romney to perfection. Obama wants Americans to pay attention to Romney Economics, and “remember, we’ve seen it all before.”
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R40 Million Worth Of Rhino Horn Seized In Huge Sting
04 Jun 2012 by Jasmine Stone / 2 Comments
More than R40 million worth of rhino horn, as well as elephant tusks and leopard skins were seized in two operations in Gauteng last week. Both operations are linked to a 40-year-old KwaZulu-Natal man, who was arrested, along with six foreigners, during the operations.
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Are You A Lucid Dreamer?
01 Jun 2012 by Jasmine Stone / No Comments
By definition, lucid dreaming refers to any occasion when a sleeping person is aware that they are dreaming. But, it’s also used to describe the idea of being able to control those dreams. Think: Inception. Today, lucid dreaming has evolved into an industry worthy of a discussion.
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Spain Reveals €100 Billion Cash Exodus
01 Jun 2012 by Jasmine Stone / No Comments
If you thought things were tight in Greece, they certainly don’t look too much better in Spain. In the first three months of this year, nearly €100 billion in capital has left the country. Put differently: about 10% of the country’s GDP.
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US Business Giants Skittish About Foreign Governments’ Threats To Internet
31 May 2012 by Jasmine Stone / 1 Comment
American tech companies are increasingly wary of a growing movement to hand control of the Internet over to the United Nations, led by China, Russia and Arab states. They are worried that this could empower foreign governments to restrict free speech and civil rights, not to mention negatively affecting the bottom line for Silicon Valley giants including Google and Microsoft.
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Government Considering Special Appropriations Bill To Bail Sanral Out
31 May 2012 by Jasmine Stone / No Comments
As Bloomberg pointed out the other day, South Africa’s credit rating may come under pressure as growth in Africa’s biggest economy slows and the government faces the prospect of bailing out the state-owned road agency. That prospect became more of a reality today when deputy president Kgalema Motlanthe said government is looking into a special appropriations bill to give Sanral a cash injection to allow it to service its R20 billion debt.
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Pussy Energy Drink Is Making A Splash In The UK
31 May 2012 by Seth Rotherham / No Comments
Pussy, the only 100% natural energy drink that boasts ingredients like milk thistle, Siberian ginseng and schizandra, has been enjoying some attention amongst our haughtier brethren on Mud Island of late. Following its global launch, Pussy has found its way into the hearts and bloodstreams of many a crowded nightclub goer. The Vitality Show, the […]
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Russian Millionaire Taunts Passersby With Paper Money Planes [PIC]
31 May 2012 by Jasmine Stone / 1 Comment
Russia’s Mark Zuckerberg, 27-year-old internet entrepeneur Pavel Durov, created a mini street riot in St. Petersburg recently when he and the vice-president of his popular Facebook-alike social networking site VKontakte were snapped throwing paper planes made out of 5000 ruble notes into the street below their head office. Picture of this cruel foolery, after the jump.
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Mom Too Afraid To Let Daughter Fly 1Time, Issues Fake Bomb Scare
31 May 2012 by Jasmine Stone / No Comments
A mother caused chaos yesterday when she called the 1Time call centre to tell them there was a bomb on one of their aircrafts. The valiant woman didn’t want her daughter to board a flight from Jozi to George, but alas, it was too late, and the aircraft was already in the air by the time the threat was received.
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UN Appoints Robert Mugabe As International Ambassador For Tourism (No Spice)
30 May 2012 by Jasmine Stone / No Comments
Well this is awfully troubling. Robert Mugabe, and his buddy, and political ally, Zambian president Michael Sata, have been honoured as “leaders for tourism” by the UN’s World Tourism Organisation. They join the likes of Drew Barrymore, David Beckham, Orlando Bloom, and Ricky Martin.
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Jaguar Responds To Latest Mad Men Episode
30 May 2012 by Jasmine Stone / No Comments
If you haven’t seen the latest episode of Mad Man, now is a good time to stop reading, as there are some spoilers ahead. The latest episode of season five of the show saw Sterling Cooper Draper Price trying to woo the business of automobile manufacturer, Jaguar. Their method wasn’t too orthodox. Jaguar took to Twitter to respond.
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Charles Taylor Sentenced To 50 Years For War Crimes
30 May 2012 by Jasmine Stone / No Comments
The 64-year-old warlord-turned-president is the first former head of state to be convicted by an international war crimes court since the Second World War. He was found guilty last month of 11 counts of aiding and abetting war crimes, and crimes against humanity by supporting rebels between 1996 and 2002 in return for conflict diamonds.
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Head Of International Monetary Fund Doesn’t Pay Tax On Her Salary
30 May 2012 by Jasmine Stone / No Comments
Remember that Dylan lyric: “Steal a little and they throw you in jail/Steal a lot and they make you king”? That’s kind of how I feel when I read that Christine Lagarde, the head of the International Monetary Fund, earns a R4,6m salary annually – without paying tax on it. This is the very same person who very recently attacked the Greeks for failing to pay their taxes.
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Vodacom Office To Get Largest Array Of Solar Panels On A Building In Africa
29 May 2012 by Jasmine Stone / No Comments
Vodacom announced a short while ago that their Century City office would from August boast the largest array of solar panels on a single building in Africa. Nearly 2 000 mono crystalline solar panels will cover the 3 600m² roof of the building, it said.
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City Press Ed Cites “Personal Harm” As Reason For Pulling Spear Pic
28 May 2012 by Jasmine Stone / No Comments
Beleaguered City Press editor Ferial Hafferjee has published a cathartic editorial explaining the publication’s decision to pull the controversial pre-vandalised image of Brett Murray’s The Spear of the Nation that they have had posted on their website for a few weeks now, less than a day after she declared she would not. What happened, Miss Hafferjee?
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Julius Malema Buys City Press, Writes Excellent Column
28 May 2012 by Jasmine Stone / 7 Comments
It’s not often Juju gets good press. In fact, we couldn’t really remember the last time it happened. But, we’re going to give him the benefit of the doubt that he wrote this all himself now that he is well into his BA degree in communications through Unisa. Yesterday, Malema touched on some very important notions in a column for the City Press; notions that Nelson Mandela raised as critical 18 years ago.
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China’s Twitter To Introduce Points System To Crackdown On Misuse
28 May 2012 by Jasmine Stone / No Comments
Chinese users of online Twitter-alike Weibo can expect extra restrictions to the service in the wake of complaints from several authorities that users were publishing “false rumours” on the site, namely a “points system” to track and punish offensive posts.
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