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money
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Mystery South African Buys Greek Island Over The Phone
12 Apr 2013 by Jasmine Stone / 4 Comments
An unidentified millionaire made history yesterday by being the first South African to buy a Greek island for the not insignificant price of R34 million – and they did it over the phone!
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Radical Website Plays Audio For Bitcoin Transactions In Real Time
02 Apr 2013 by Jasmine Stone / No Comments
Virtual currency, Bitcoin is now valued at over $1 billion (R9,25 billion), and unlike traditional currency , you “can download every Bitcoin transcation that’s ever taken place and, more interestingly, tap into those transactions in close to real time.” University student Maximillian Laumeister created the “Listen to Bitcoin” website, which produces a sound for every transaction […]
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J.P. Morgan Chase Will Cut 17 000 Jobs Over The Next Two Years
27 Feb 2013 by Jasmine Stone / No Comments
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 […]
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Radvertising: Insurance Company Stages Heart Crushing Proposal Rejection In Cinema [VIDEO]
04 Dec 2012 by Seth Rotherham / No Comments
Shhhh! This video will self-destruct within zero-zero-seven seconds of viewing. One of our agents caught this top secret footage at this weekend’s South African release of Skyfall, the latest film in the Bond series.
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MTN And Pick N Pay Launch Mobile Bank
22 Nov 2012 by Jasmine Stone / No Comments
Launching this morning, MTN and Pick n Pay have teamed up to give South Africa an all new mobile money banking system.
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Corculture: South Africa’s Answer To Dragon’s Den – Let Private Equity Take Your Business To The Next Level
15 Nov 2012 by Seth Rotherham / No Comments
Have you ever watched that TV programme called Dragon’s Den? Well, Corculture is South Africa’s answer to this. If you’re an entreprenuer like me and you want to take your company to the next level – this is what you’re looking for. Trust me..
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Foreign Direct Investment Into South Africa Falls Nearly 50% In A Year
24 Oct 2012 by Jasmine Stone / No Comments
This can’t be linked to the recent strike turmoil in the country, but it’s still a reflection of heightened global economic uncertainty. It should also serve as a wake up call to those involved in wasteful spending, but it probably won’t.
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Who’s On Top Of The Forbes List Of Highest Paid TV Actors This Year?
18 Oct 2012 by Jasmine Stone / 2 Comments
Charlie Sheen may have been the top paid TV star last year, but he’s absolutely nowhere this year. Forbes, the magazine about all things money, has just released it’s annual list of top-paid TV actors – but who’s made the top of the list?
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Tiger Woods Is The First Golfer In PGA History To Eclipse The $100 Million Mark In Career Earnings
04 Sep 2012 by Jasmine Stone / 2 Comments
Yesterday, Tiger Woods finished the Deutsche Bank Championship in 3rd position, which in itself is not an altogether noteworthy achievement for someone of his caliber. What is however, is the $544 000 he earned from his podium finish which put him in an very exclusive bracket – he is the first golfer ever to earn more than $100 million throughout his career.
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MXit Money: MXit Teams Up With Standard Bank For New Mobile Money Service
16 Aug 2012 by Jasmine Stone / No Comments
Africa’s largest social network already has MXit Moola as part of its mobile payment infrastructure, but they just got a little bit cleverer by partnering with Standard Bank and introducing MXit Money.
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Could The LIBOR Scandal Be “The Biggest Consumer Fraud In History”?
12 Jul 2012 by Jasmine Stone / No Comments
Over the past few weeks we’ve brought you several reports regarding the increasingly worrisome LIBOR scandal. The investigation into interest rate-rigging debacle is quickly snowballing and analysts have now begun wondering if “16 of the world’s largest banks have perpetrated the biggest fraud in history.”
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Richemont CEO Donates His €3,6 Million Salary To Charity
22 Jun 2012 by Jasmine Stone / 1 Comment
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.
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There’s A Karl Marx Credit Card Now
18 Jun 2012 by Jasmine Stone / No Comments
Well, I guess it was only a matter of time before the word ‘irony’ stopped being able to quite cover it. The German bank Sparkasse Chemnitz have launched a Karl Marx credit card, after the father of Communism won in an online voting poll for new credit card designs. Somewhere a grave is spinning.
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Facebook Filed Its IPO Yesterday
04 May 2012 by Jasmine Stone / No Comments
Mark Zuckerberg officially filed its IPO with Securities and Exchange Commission yesterday afternoon, announcing its intention to sell 337 million shares at between $28 and $35 a pop – in the biggest Internet stock offering since Google went public in 2004. They’ll be going roadshow for the next two weeks to let big investors see what they’re buying.
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Hacker Posts Details Of 3 Million Iranian Bank Accounts
20 Apr 2012 by Jasmine Stone / No Comments
And you people wonder why they tried to switch the internet off. Khosrow Zarefarid, an Iranian software manager, warned Iran’s banks’ CEOs of a security flaw in the banking system. When nobody responded, Khosrow hacked 3 million accounts across 22 banks, then dropped these details — including card numbers and PINs — on his blog.
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Facebook Targets May 17th For IPO Launch
19 Apr 2012 by Jasmine Stone / 2 Comments
Signs suggest that Facebook is looking to have its initial public offering launch on on May 17th, assuming that the Securities & Exchange commission rubber-stamps all of the social network’s paperwork – including documents concerning Facebook’s recent billion-dollar acquisition of Instagram. Facebook is set to be initially valued at around $100 billion.
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CCTV Video Footage Of Shrien Dewani Meeting Zola Tongo
26 Mar 2012 by Seth Rotherham / 1 Comment
BBC1 will be broadcasting a special show on Thursday night (9pm UK time), entitled ‘The Honeymoon Murder.’ The show will be playing video from the footage caught on CCTV cameras at the Cape Grace hotel, where the Dewanis were staying during that fateful visit to Cape Town. Follow the link to see the stills from […]
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Die Antwoord’s Sunday Times Interview – “Money Is Energy” – Ninja
27 Feb 2012 by Seth Rotherham / 1 Comment
In case you missed Thekiso Anthony Lefifi’s colourful Sunday Times’ interview with Ninja and Yolandi Vi$$er from Die Antwoord, we’ve got it for you right here. How responsible are you with money? Ninja: I never used to care about money because I never had it. Now I have money and I still don’t care about […]
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Nelson Mandela’s Face To Replace Animals On SA Bank Notes
13 Feb 2012 by Jasmine Stone / No Comments
President Jacob Zuma made a very cool announcement this weekend on the 22nd anniversary of Nelson Mandela’s release from prison. Towards the end of this year South Africa will get a series of new bank notes which will have Madiba’s image as the main illustration instead of the animals we’ve come to know.
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SPL!NG Movie Review: Margin Call (2011)
11 Jan 2012 by SPLING / No Comments
The award-winning documentary Inside Job drilled down into what caused the 2008 financial crisis by consulting some of the finest financial experts. Margin Call creates a fictionalised account of the most critical 24 hour period of the meltdown, featuring some of Hollywood’s most respected actors.
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The Future Of Money: Plastic Polymer Notes
16 Nov 2011 by Jasmine Stone / 2 Comments
Plastic or plastic? Canada is set to join the list of countries that use polymer bank notes. These shiny plastic notes are smooth to the touch, practically impossible to tear, and will last much longer than the paper notes we’re used to. It’s also a lot more secure.
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Duchess Of Alba Topless Ibiza Beach Photo Surfaces On Eve Of Wedding
05 Oct 2011 by Jasmine Stone / No Comments
You may recall a previous article on the three-times widowed, fantastically wealthy Duchess of Alba’s proposed remarriage to Alfonso Diez, a man 24 years her junior. I’m pretty sure the last thing anyone (especially her) wanted popping up was a topless photo of that 85-year-old struck match, on the cover of a magazine. Lawsuit, here we come. [No pics. Naughty.]
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Star Wars Coins Count As Real Money In Niue
19 Aug 2011 by Jasmine Stone / No Comments
Sure, why not. Tiny South Pacific island nation Niue will be accepting coins minted with the faces of Star Wars characters as legal tender, because if you’re a tiny South Pacific island nation there’s really only so much you can do to keep things exciting.
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J.K Rowling Releases ‘Pottermore’ To Take Up More Of Your Time & Money
23 Jun 2011 by Jasmine Stone / No Comments
With the last film coming out soon, the Harry Potter franchise has almost been sucked dry of moneymaking potential. Almost. Because they’ve recently put up the super-secret-but-not-that-secret ‘Pottermore’ website, which seems to be promoting an upcoming treasure-hunt-type game where fans use online clues to find wands in the real world.
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200-Year-Old Shipwreck Champagne On Auction
30 May 2011 by Jasmine Stone / 1 Comment
You guys remember that shipwreck they found last year in the Baltic, with the 168 odd ancient-but-preserved bottles of champagne? Well I do. And they did. And now two of those fancy old champagne bottles are going on auction because why not?
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Google Has A Shiny New Mobile Payment Service
27 May 2011 by Jasmine Stone / No Comments
Google Wallet and Google Offers launched yesterday, both of which sound supremely cool – PayPal’s grumblings (and lawsuits) about commercial espionage notwithstanding. Google Wallet lets users swipe their phones in lieu of credit cards, even allowing subscription to a new prepaid Google debit card; Google Offers looks to work like a virtual loyalty card.
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Take A Look At Kim Kardashian’s $2 Million Engagement Ring
27 May 2011 by Jasmine Stone / 2 Comments
Hoo. While working their way through LAX airport, Kim Kardashian and her just-recently-announced fiance Kris Humphries made a point of flashing her new bling – you remember, that $2 million custom-designed, 20.5-carat Lorraine Schwartz engagement ring? It’s, um, it’s kind of hard to miss. Click through for our engagement ring photo gallery.
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The Economist Punts Trevor Manuel As IMF Successor
23 May 2011 by Jasmine Stone / 1 Comment
What with IMF boss Dominique Strauss-Kahn jailed on sex assault charges, there’s speculation about who’ll be replacing him. Calls from non-European countries to instate a non-European head have become increasingly vocal, especially after French Strauss-Kahn’s shenanigans – so it’s interesting that The Economist looked to Trevor Manuel, among others, as a potential succcessor.
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First Edition Harry Potter Auctioned For ZAR 205K
23 Mar 2011 by Jasmine Stone / No Comments
So Heritage Auctions sold a 1997 edition of Harry Potter and the Philosopher’s Stone for $29, 875. A book that you can remember the release of just sold at a rare books auction. You’re Old now. If you can’t remember 1997, please crawl back into the womb.
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Google Launches ‘Umbono,’ Cape Town Based Startup Funder
22 Mar 2011 by Jasmine Stone / 1 Comment
Google has set up the first of its startup-funding offices in Cape Town, under the ‘Umbuno’ flagship. “Umbono” is isiZulu for ‘vision’ or ‘idea’. Google also showed that it knows how to make a girl feel special, saying it chose Cape Town because the city is in “the process of positioning itself as a hub for innovation and technology”.
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2oceansvibe Partners
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