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  1. Yesterday
  2. I cant view it because its behind a paywall that I wont pay...but ja, I dont trust those guys one bit
  3. Theresa May has bowed to intense pressure from her own party and named 7 June as the day she will step aside as Conservative leader, drawing her turbulent three-year premiership to a close. Speaking in Downing Street, May said it had been “the honour of my life” to serve as Britain’s second prime minister. Her voice breaking, she said she would leave “with no ill will, but with enormous and enduring gratitude”. The prime minister listed a series of what she said were her government’s achievements, including tackling the deficit, reducing unemployment and boosting funding for mental health. But she admitted: “It is and will alway remain a matter of deep regret to me that I have not been able to deliver Brexit.” Source: https://www.theguardian.com/politics/2019/may/24/theresa-may-steps-down-resigns-tory-leader-conservative-brexit
  4. Last week
  5. This whole article is crazy. Craig Wright and Calvin Ayre are orchestrating an attack on Bitcoin in front of our eyes. EVERYONE should read this and digest what is happening. https://www.bloomberg.com/news/articles/2019-05-21/bitcoin-s-supposed-inventor-says-he-won-copyright-registration
  6. EU citizens will elect a new European Parliament between May 23 and 26. Voters in each of the bloc's 28 member states vote for their national parties, whose MEPs then form pan-European groups along rough ideological lines to work together in the parliament. With voting underway, polls suggest the centre-right European People's party and centre-left Socialists & Democrats are likely to remain the largest groups in parliament, but are likely to lose their combined majority for the first time. Financial Times have a poll tracker Election Results website also have a tracker Politico Election Tracker Europe Elects Tracker
  7. Nice. Do we have any PW Telegram groups btw?
  8. This article is 2 years old, I wonder if Cyril will push for this now, since he is president now. Link to article: https://city-press.news24.com/News/ramaphosa-wants-entrepreneurship-to-be-a-school-subject-20170317 Deputy President Cyril Ramaphosa this week called for entrepreneurship to be included in the basic education school curriculum in order to create greater prosperity. Delivering the opening address of the Global Entrepreneurship Congress at Sandton Convention Centre, Ramaphosa, who made a fortune as a businessman, said the inclusion into the curriculum would ensure success stories such as Johannesburg Mayor Herman Mashaba. Mashaba also got rich from business before turning to politics. “There is much more we can do, entrepreneurship must be part of the school curriculum ... So that young people must from an early age be encouraged to be problem solvers,” Ramaphosa said, adding that the inclusion would also ensure more job creators, rather than job seekers, were developed and that entrepreneurship would be seen a viable career option. Addressing an audience that included delegates from over 170 countries, several countries’ ministers, Small Business Development Minister Lindiwe Zulu, Mashaba and Telkom chairperson Jabu Mabuza as well as hundreds of investors and entrepreneurs, Ramaphosa said even though there wasn’t such a thing as an ideal entrepreneur, all of them still needed the basics to thrive. During the address, Ramaphosa told young entrepreneurs that the event should assist them in eventually signing business contracts with contacts made during the four-day conference. He said digital disruption was the ideal theme because the concept had become the cornerstone of economies worldwide. Jonathan Ortman, president of the Global Entrepreneurship Network and Chairperson of GEC, said the event being hosted in Africa for the first was an overdue development. “It is Africa’s time, one can’t avoid that. Even throughout the world this event has always had a strong participation from Africa especially in the last one held in Moscow in 2012,” Ortman said. The conference included numerous discussions on various aspects on businesses, digital revolution, the lagging behind of laws after technology and accessing “Angel Investors”.
  9. If you would like to send a tip-off anonymously, please direct message the admin account or email admin @ platinumwealth.co.za
  10. Some interesting stats and information. A closer look at the way the bitcoin price is following the stock to flow model A chart showing the bitcoin halving time periods and how the price has reacted in the past Historical Bitcoin Prices in USD if you went back from today. Basically from todays price, if you have been in bitcoin for longer than 1 year, you are probably in profit. 2 years or longer, and the % profit starts to go up quite a bit:
  11. I think we might have seen the bottom already ($3122?), and expect the price to range sideways for a while longer, moving over to a bull market. I guess maybe between about $6k and $10k for a few more months. I just keep adding to my stash.....I am permanently bullish at these price levels anyway. If the price goes down, I buy more, if it goes up, I just get less for the same money.
  12. Earlier
  13. When I was younger I do not like to watch documentaries, that's for sure. When I growed up and there were someting to be in me which leads to further education and gathering information - I am all for them, I have like around 100 now in my collection;)
  14. I would not trust this one bit. When last did you use the Post Office? If their incompetence is anything to go by, good luck to the future victims when the bank closes. Also... That is purple group Mark Barnes, gets paid for missing meetings. https://www.moneyweb.co.za/moneyweb-radio/did-purple-group-overpay-its-non-executive-chair/
  15. Regulatory issues that were holding back the post office-based bank from offering routine banking services are now finalised, says CEO Mark Barnes. Post Office SA CEO Mark Barnes says regulatory issues that held up the launch of Postbank have now been finalised. Postbank was expected to launch a fullyfledged bank that offers both credit facilities and transactional products around the same time as other new players including Discovery Bank, Bank Zero and Tyme Bank which launched earlier in 2019. The existing Postbank only offers transactional and savings accounts as its status as a state-owned company precludes it from engaging in the full spread of banking activities. Barnes said the issues that prevented Postbank from obtaining a full licence, including differences in licensing provisions between the Companies Act and Banks Act, have now been ironed out. “The restructuring of Postbank is now going ahead and it’s only a matter of time before we start solving a lot of the issues we want to solve,” said Barnes. The restructuring, which entails adding credit facilities to its current bank licence, will bring the idea of a state-owned bank closer to life. In January finance minister Tito Mboweni tabled the Financial Matters Amendment Bill in parliament. The bill, which proposes amendments to the Banks Act, seeks to allow state-owned entities to establish a bank. Barnes said Postbank wanted to extend credit to informal businesses which do not qualify at traditional banks. It also wants to reduce the cost of credit by adopting a different method to lending than traditional banks. To this end, Barnes said Postbank will not be seeking to compete with other commercial banks. “We’d rather have a very specific enabled state bank mandate that has a proper risk-adjusted solution to address economic inequality.” Creating township economies and extending funding to SMEs without asking for surety are some of the things on the bank’s radar. Barnes said they wanted to use data mining and technology to monitor small businesses’ growth. For instance, if Postbank is successful in its ambition to roll out payment systems that enable SA Social Security Agency beneficiaries to use their cards at spaza shops, it can technologically oversee those payments to gauge if the business is growing and then incrementally fund their growth plans. Barnes said through these methods, the bank could be able to lend to township businesses and other SMEs by looking at their cash flow instead of looking at whether they have surety or not. “The state has an obligation to address financial inequality — something that can only manifest inside a state organisation, at the right cost of capital. If we create township economies instead of destroying SMEs, [and have] an inappropriate cost of credit, then we start creating a tax base.” He said extending developmental credit, inclusion of people not served by traditional banks and reducing the cost of credit to low-income earners was on Postbank’s priority list. “You find a lot of gogos in Soweto who have been renting out rooms for 10 years or more. That’s a bankable proposition because it’s a predictable income flow to a trustworthy person. We don’t want an asset. We want behaviour; someone who is behaving in a way that is creating value in a predictable sense.” Another ambition of the bank is to reduce the percentage of profit generated through postal services to 20% by 2030. Since the post office already has a fully-fledged payment system, Barnes said the idea was to offer multiple services at every counter, which can include e-commerce services such as the delivery of chronic medication. “Why can’t we have our own SIM-cards? Why can’t we have our own electronic wallets? We have 11-million social grant beneficiaries. We have 6-million people who deposit money at Post Bank. We have people that do motor vehicle licensing, people who use postal services. We probably have one of the largest client bases in the country and a commercially irreplaceable footprint.” Source: BusinessLive
  16. What a bank I like everything about tyme to bank
  17. Any business with a concern about efficient and costs effective telecommunications should investigate porting over to a VOIP solution. If you have a reliable internet connection such as ADSL/VDSL, 3G/4G or Fibre, you can get a phone service delivered through your internet connection at a fraction of the cost compared to using a traditional Telkom landline. The most important takeaway from this article is that a VoIP system reduce costs, dramatically. Why will a VoIP system reduce my costs of my Telkom bill? A VoIP service provider does not require its own separate infrastructure like the PSTN of Telkom. Voice calls are simply transmitted over the same networks that power the Internet. This means that the ISP does not have to invest significant capital in laying phone lines to each and every house and business. VoIP is essentially piggybacking on the existing broadband network throughout South Africa. So, voice is treated exactly the same as normal data and media such as text and images on the Internet (like a Whatsapp). Just like sending email and pictures is practically free, voice calls also become extremely cheap. Can I move my telephone number if we change offices? Anyone who has moved a landline from one home to another knows the pain of dealing with Telkom. With VoIP, the phone number is no longer associated with a single device, residence or physical line, instead the VoIP phone number is associated with you and your account. This enables you to take the number with anywhere you go, and you can even use it to link your cell phone to your business or office – it’s a virtual number. Who is the cheapest VoIP provider in South Africa for my business? Skype has three packages For R57 per month you get 100 minutes to any South African mobile or landline number (effectively R 0.57 per minute) For R99 per month you get 400 minutes to any South African mobile or landline number (effectively R 0.24 per minute.) Then for R285 per month you get unlimited calls to any network and landline. Vox Telecom Costs between R234 and R762 per month and calls are charged at R0.46 per minute. (The monthly payment includes money for the calls.) FreshPHONE Zero sign up costs, Zero monthly costs, Zero cancellation costs. The call rates for FreshPHONE is R0.39 per min to Telkom local and national numbers and R0.69 per min to all cellular networks. MWEB Mweb have two VOIP packages a Starter package with 100 minutes at R59 per month, and a Lite package with 250 minutes at R99 per month. (59c per minute and 39.6c per minute respectively) Assuming you want a more business specific setup (multiple staff members or a call center) then a PBX system will be required. The cheapest hosted PBX solutions in South Africa IS (Internet Solutions) Ignite have a hosted PBX solution for R111 per extension (month to month) or R90 per extension (24 month contract) this gives you Ring groups, Voicemail to email, Call waiting (press 1 for sales) the full monty) and then you have to pay the per minute rates for calls you make which is R0.30 to Telkom landline calls and R0.74 to mobile numbers. Euphoria Telecom is R65 – R125 per user(extension) per month depending on features. Then their call rates are R0.34 per min to Telkom landlines and R0.79 per min to all South African mobile networks. Use VoIP for your startup business Launching your own business is not an easy task. Entrepreneurs soon find that their landline is not enough to handle the needs of the business, no matter how small. This is where VoIP comes in handy. VoIP service can provide much-needed features like auto attendant, group voicemail, multi device ring, automatic call routing etc. which normally requires an expensive building specific business line(s) setup with golden numbers and special hunting group landlines.
  18. @BitcoinZAR what do you make of the recent price jump? I can't imagine the bottom to be in yet.
  19. Any talks of a TFSA product in the works?
  20. Thank you @Bandit This is exactly the information I was looking for.
  21. Happy to be here! Thanks for the warm welcome.
  22. We don't have a release date for that at the moment. We'll let our customers know as soon as we have an update.
  23. When is your IOS app going to be released?
  24. Hi. Thanks for the question. We don't have FOREX or international banking capabilities at this time. We hope to have this made available to us later in the year, though. Keep a look out for updates and announcements which we will make regarding new services and product releases as they happen. The TymeBank Team
  25. It would be really interesting to see if capitalists would want to go into politics full time. My bet - they go quiet for 4 years and start making noise again sometime 2023.
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