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June 2009 Blog Posts (14)

Where should the interest rate be?

Taylor's Rule*

According to Taylor’s Rule, the prime interest rate should be:

“neutral” Real prime rate (avg 09/89 – 07/95; 1999 – 2007) = 5.5%

Expected CPI inflation: 4Q/2010 = 5.0%

0,5 x (currant CPI[7.9%] – CPI ‘target’[4.5%]) = 1.7%

0.5 x (output “gap”) = -2.2%

Target Prime Interest Rate = 10.0%

Current Rate = 11.0%

With the prime interest rate still lingering at 11%, the SARB is currently only… Continue

Added by Richard Borrett on June 26, 2009 at 2:43pm — No Comments

Winter gale storms to hit the Western Cape - Tips to flood-proof your home during the rainy season

Local weather reports indicate gale force winds and torrential downpours throughout the Western Cape over the next few days with these adverse weather conditions expected to move further afield into the Eastern Cape.

It is expected that the disruptive weather will play havoc across the country, and in addition Gauteng residents have been warned that they could also experience heavy rainfalls as well.

Against the background of expected water floods, South Africa’s leading… Continue

Added by Richard Borrett on June 25, 2009 at 11:59am — No Comments

Use Broadband in Indonesia Jungle

A leading conservationist who has devoted his life to saving the orangutan is keeping in touch with the world from his rescue centre in the Indonesian jungle - thanks to BGAN.

Inmarsat has supplied Willie Smits with a Thrane & Thrane Explorer 700 terminal for when he is based at his remote orangutan rehabilitation centre in North Sulawesi.

The forestry scientist, originally from The Netherlands, has lived in Indonesia for 30 years but frequently carries out speaking tours to… Continue

Added by Gavin Magid on June 24, 2009 at 11:43am — No Comments

Iridium 9555 Satellite Phone

The latest Iridium phone is now available. It doesn't play games, play mp3's or take pictures. But, what it does do, is work everywhere! It's also been designed to withstand tough environments. The Iridium 9555 is your critical lifeline to the…

Added by Gavin Magid on June 22, 2009 at 2:55pm — No Comments

Satellite Mobile Broadband on the move

Broadband Anywhere Anytime! Travelling? Set up a mobile office in minutes and harness the power of BGan -

A high-speed (up to 492 kbps) internet broadband

Access to email & corporate networks

Surf the Internet

Make telephone calls

Send SMS's or faxes

Call holding, call waiting & voicemail

Send live video & Transfer files

Audio & video streaming

View video below… Continue

Added by Gavin Magid on June 18, 2009 at 9:23am — No Comments

Satellite Communication

Satellite Communication (SatComms) is an approved Service Provider and Distributor of Iridium, Inmarsat, Thuraya, Vsat and other satellite communication and mobile phone products in Africa.

SatComm stocks a full range of satellite equipment and airtime for the Iridium satellite telephone, Thuraya satphones, Inmarsat Isatphone handsets, BGan, FleetBroadband, Gan, Mini M, ISDN, Streambox streaming technology and Cinegy media, production & management technology.

SatCom is… Continue

Added by Gavin Magid on June 18, 2009 at 9:19am — No Comments

Press Release: All Potholes lead ... to BEE Compliance via the Adopt-a-Pothole project

Introducing the launch of the "Adopt-a-Pothole" programme in South Africa by the Empowerment Gateway Group. The project aims to create 20000 jobs and to repair 6 million potholes in the South African road infrastructure while meeting UN-MDG's guidelines.

South Africa, Tuesday 16 June 2009 – The Empowerment Gateway Group announced today that they have received the much-awaited authorization from the Govan Mbeki municipal council in Mpumalanga, to repair potholes in the… Continue

Added by Laurinda Seabra on June 17, 2009 at 8:41pm — No Comments

Can they use "pirate" and second hand parts in the repair of motor vehicles?

The Office of the Ombudsman for Short-Term Insurance frequently receives complaints from consumers concerning the use by Insurers when repairing motor vehicles of so-called “pirate parts” as well as second hand components.

There is a perception on the part of the public that an Insurer is obliged, when repairing a motor vehicle, to use new original factory supplied parts in all instances.

The Ombudsman, Mr. Brian Martin, says ”the cost of repairing damaged motor vehicles has risen… Continue

Added by Richard Borrett on June 17, 2009 at 3:30pm — 1 Comment

Fantastic Book for all business owners and entrepreneurs! The E-MYTH.

I still have 4x sets of the E-MYTH and Brad Sugars "REPEAT BUSINESS" available from our special offer at a workshop we held. The price is R250.00. I can have it delivered to your door within the Jhb area or sent via postal services for R40.00.

Here's what some crits had to say about these books:

Michael C Gray : "Michael Gerber is a business consulting "guru" whose observations about small businesses have had a profound impact on how his… Continue

Added by Nicolette on June 11, 2009 at 11:33am — No Comments

A bit more about the Adopt-a-Pothole project

The Adopt-a-Pothole is a new Social-Economic Enterprise, created by Empowerment Gateway, which addresses key fundamental needs in South Africa, being road infrastructure maintenance, and the alleviation of unemployment and poverty in local communities.

The project has been designed as a practical business and enterprise development incubator, and it will recruit, train and mentor unemployed individuals as business unit caretakers, admin and support officers, and pothole doctors in… Continue

Added by Laurinda Seabra on June 9, 2009 at 11:04pm — No Comments

The Adopt-a-Pothole Project ... Update

Meet “Oskar” …

Oskar is a “friendly” pothole that keeps on reappearing in my street. Every day as I drive home, its “friendly” face greets me. My car, however, does not feel as friendly towards it, as I do … in fact, my car can’t stand him, and neither does my wallet … so, every day they make a point of avoiding him.

But low and behold …

Oskar is not the only one of its species out there … in fact it has replicated itself all over the South African road surface… Continue

Added by Laurinda Seabra on June 9, 2009 at 10:30pm — No Comments

Meet us at MARKEX 2009 next week!

If you are interested in our latest project African Leadership Shirts or if you want to do business with OAVM Organisaton & Consultancy and you are interested in joining an trade mission into the Netherlands in October please come to our stand in hall 1 at MARKEX 2009 next weer or contact me. More information you can find at and OAVN is always looking for interesting business partners for Dutch… Continue

Added by Marc Habets on June 3, 2009 at 1:13pm — No Comments

6 years to develop a new Dry Garden

Gardening is an exercise in being patience; creating a new garden can also be a challenge for impatient people. It took us six years to create a new dry garden; mainly due to previous soil conditions and how to improve this in a natural way. Read about it and it's also here where you can obtain e free copy (PDF-file) of the original…

Added by Yvonne de Wit on June 2, 2009 at 8:20pm — No Comments

Protect consumers, protect yourself and do it now

By the time the Consumer Protection Act comes into force in October next year, suppliers can be sure that consumers will be aware of their rights, and ready to enforce them.

History teaches us that happy customers do not complain.

Companies will have to comply with the provisions of the Act so why not use it to your advantage and ensure that your customers are protected and happy, and mitigate the risk of future complaints.

The Act will bring about significant change to business… Continue

Added by Richard Borrett on June 1, 2009 at 8:29pm — No Comments

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