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Archive for April, 2009

Apr 30 2009

Positive sounds from Phosa in London

Published by under More News,Opinion

At a packed breakfast event organised by the SA Business Club in London, ANC-heavy Mathew Phosa this morning said lots of things which South Africans in London (and at home) would have wanted to hear. All in all, a very positive address. Read more about the address here. But, especially here

This is what I said about the upcoming event in London a while ago.

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Apr 30 2009

Venfin pumps more money into fring

Published by under Companies,Top Stories

The Stellenbosch-based venture capital company Venfin topped up its investment in global mobile community and communication service fring in what was fring’s third round of funding.

The three other investors in fring (two venture capital firms from Israel and one from the US) also participated in this third round of funding, fring said in a statement today. [Read on]

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Apr 23 2009

Germany’s crisis now a “catastrophe”

Published by under Opinion,Top Stories

The latest round of economic growth forecasts for Germany were released yesterday and (as I suggested it would) the minus for this year got bigger yet again. The “most pessimistic” economists (in fact, they are the most realistic) now forecast a -6% for this year and another minus 0.5% for next. [Read on]

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Apr 22 2009

New type of colonialism underway in Africa

Published by under More News,Opinion

Just for the record and my archive – and to show that I’m wide awake when it comes to “big, future trends” – this article dated 20 April and my article dated 20 November 2008.

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Apr 22 2009

eBay (and Naspers) won!

Published by under Companies,More News

The court decided in favour of eBay (and all other auction platform operators)! In short: Brand-owners cannot prescribe to sellers of their products which sales channels they may use – and which not. 

For the background to this, read this article of mine. 

I’ll report more comprehensively on the decision as reported in this morning’s FTD later today.

One response so far

Apr 21 2009

D-Day for eBay in Germany

Published by under Companies,Top Stories

Today is a big day for eBay (and South Africa’s media group Naspers) in Europe.

A German court will rule in a case, which could rob eBay in Germany (and other European countries) of lots of turnover, if the decision goes the wrong way. [Read on]

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Apr 21 2009

Transnet taps foreign capital market for first time

Published by under Companies,More News

Transnet finalised a financing facility of R915 million with the Finnish Export Credit Agency (ECA) Finnvera last week. The money will be used to buy equipment for the ports of Durban, Ngqura and Cape Town. Full report here. 

It was the first time Transnet tapped the foreign capital market to part-fund its capex programme.

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Apr 21 2009

Could Denel technology have been at work here?

Published by under Companies,More News

German listed firm Rheinmetall is the majority shareholder of Denel Munitions (more about that here) and this news makes one wonder whether Denel technology might have helped Rheinmetall to catch the fish…

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