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Spreadsheet Ranger

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  1. An update https://www.businesslive.co.za/bd/companies/financial-services/2019-03-27-bank-zero-puts-its-systems-through-its-paces-ahead-of-debut/ Bank Zero, the mobile app-based bank co-founded by celebrity banker Michael Jordaan, has begun the final round of testing its facilities before its launch in the second half of 2019. Known as beta testing (which is the concluding stage of testing before a commercial launch), the new bank says it is processing payments and debit orders, as well as doing transactions for prepaid services such as airtime, data and electricity. It does not specify when it will launch, or when this round of testing will be completed. “SA is a world leader in electronic payments yet customers seldomly experience this power, as it requires a modern core banking system to leverage this,” says Jordaan, its chair and co-founder. “It’s exciting that all staff are part of this first wave of beta testing.” Bank Zero is already considered a “clearing bank” and “settlement bank”, meaning it can receive transfers from other banks, using the branch code 888000. When this round of testing with staff is completed, external volunteers will be invited to participate in the trial. “Sweat equity is our strategic advantage,” says Jordaan. “It transforms deep and diverse banking insights and know-how into powerful intellectual property. For example, having a single view of the customer is vital, yet banking excellence is also about having a single end-to-end view of money. This is the science of banking.” Yatin Narsai, the CEO and co-founder, says the bank has prudently used its capital to plan how it will provide services. “This approach enables us to bring a revolutionary new core banking system to market with pervasive encryption and digital scaling. It is fundamental to our low-cost, high-capability offering,” he says. Instead of buying off-the-shelf systems for both core and back-office functions that are designed for traditional banks, Bank Zero has built its own technology, including extra security for common fraud attacks like phishing. Among the features it says it will offer are a new “check account” that replaces “old notions of cheque/current accounts and other legacy-style accounts”. This account will provide real-time checking and money control, as well as detection of rogue debit orders. The bank hopes to foster a savings culture and will also offer businesses integration with cloud-based Xero accounting software. Yatin says it will offer its own patented card technology, as opposed to traditional card offerings. “The ubiquitous card has dominated spending for decades, but this ‘a card is a card’ approach is strategically flawed. Bank Zero will bring advancements and convenience by focusing specifically on security and control. The trauma of card skimming, and other rogue methods of recording card details, will be a thing of the past at Bank Zero. The alarming trend of rogue online stores bypassing OTP-based security will also be prevented.” He adds that the 16-digit card number will not need changing when a card is replaced, so card details for digital services (such as Netflix or Uber) will not have to be reset. Customers will be able to make QR payments through platforms such as Zapper or SnapScan, as well as mobile-based NFC (near field communication) payments. “A card is never just a card at Bank Zero,” he says. “Why shouldn’t banking be a joyful, exciting and safe experience? After all it’s your money.”
  2. I bought some shares in Motus, like we discussed the in the Stock Watch thread, my motivation for buying them is because I think the cheaper car brands will become the norm in SA (consumers do not have money) also I was in Canal Walk and saw the new Hyundai i10 Grand on display for for R2050 per month and immediately thought to myself that is not a very expensive entry point for first time salary earners. They are also then likely to stay within the Hyundai eco system (some will upgrade to more expensive cars I am sure). Then my Uber this morning was a KIA and I think Motus might be able to give Toyota a go here if they can under cut the Toyota Corolla prices and KIA becoming the dominant Uber car. I think Michael Jordaan invested in a Uber car financing business of sorts flex something, would love if he could give his thoughts regarding KIA in this space although I think Nissan also operates on the Uber space.
  3. What do Oprah, Jason Momoa, Jennifer Aniston, and Big Bird have in common? Well, they all took to the Steve Jobs Theater’s stage yesterday to help Apple launch several new services. Here’s a quick recap and, more importantly, why you should give a sh*t: Apple TV+ Apple Channels will integrate Netflix-style recs and content from cable, Hulu, and Amazon (but not Netflix and YouTube) into Apple’s app, Apple TV+. The new ad-free streaming service will feature original content made with partners like Oprah, Steven S*bad word* please do not do thatberg, and Reese Witherspoon. Apple News+ Apple News+ will feature stories from 300+ magazines and newspapers for $9.99/month. Some big publishers (WSJ, NatGeo) are in. But others (NYT, WaPo) are out because Apple demanded a 50% cut. Apple Card Apple Card will let people tap their iPhones to Apple Pay -- or swipe a titanium, laser-etched, CVV-free card. Card users will earn cash back and track spending in Apple’s Wallet -- and get customer support in iMessage. Apple Arcade Apple launched a gaming subscription service called Apple Arcade that will provide access to more than 100 exclusive games. Apple will partner with both “indie” developers and also large game companies. The shift to services Apple built its empire on hardware, but this new event proves Apple needs revenue from services in a hardware-saturated world. With these flashy new services Apple hopes to transform its 1.4B active devices into monthly money-makers that consumers rely on to watch videos, read news, play games, and make payments. So, will Apple’s new services change the world? They’re designed to -- and Apple has upended industries before (remember Blackberry?) -- but, of course, haters still gonna hate. Twitter trolls and journalists dismissed Apple for hazy details on pricing and launch dates, and stock fell 1.2%. But if the past’s any guide, bets against Apple seldom pay off... When Apple released its first iPhone, TechCrunch said it was “about as useful … as a rotary phone,” and Microsoft’s CEO insisted, “There’s no chance that the iPhone is going to get any significant market share.” source: a newsletter
  4. @SaurusDNA I read you guys' comments now about Motus, I like the idea I also think with the economy the way it is that more and more of these 'cheaper' brands will become the norm on SA roads. I was in Canal Walk last night and saw a brand new Hyundai i10 go for R2050 per month. I think most new university students who start working will be able to afford this. I decided to buy R3k worth of shares in Motus, now we probably need a dedicated thread
  5. A huge fireball exploded in the Earth's atmosphere in December, according to Nasa. The blast was the second largest of its kind in 30 years, and the biggest since the fireball over Chelyabinsk in Russia six years ago. But it went largely unnoticed until now because it blew up over the Bering Sea, off Russia's Kamchatka Peninsula. The space rock exploded with 10 times the energy released by the Hiroshima atomic bomb. Lindley Johnson, planetary defence officer at Nasa, told BBC News a fireball this big is only expected about two or three times every 100 years. At about noon local time on 18 December, the asteroid barrelled through the atmosphere at a speed of 32km/s, on a steep trajectory of seven degrees. Measuring several metres in size, the space rock exploded 25.6km above the Earth's surface, with an impact energy of 173 kilotonnes. "That was 40% the energy release of Chelyabinsk, but it was over the Bering Sea so it didn't have the same type of effect or show up in the news," said Kelly Fast, near-Earth objects observations programme manager at Nasa. "That's another thing we have in our defence, there's plenty of water on the planet." Read more here (it's long): https://www.bbc.com/news/science-environment-47607696
  6. My weekend consisted of staying at the office. Everytime it loadshed we needed to power up the servers. The building has a generator that kicks in on the red plugs, but that takes about a minute or two and the UPSes suddenly don't have the power anymore to carry the servers (loadshedding 3 times a day for 6 and a half hours). So now its a scramble to find newer and more powerful UPSes (Whilst not breaking the bank.) This is the current setup (will do it more professionally, but this weekend was code red and emergency maneuvers.) Boer maak 'n plan.
  7. I suppose we need one of these threads to discuss everything load shedding related. Eskom said that load shedding would shift from stage 4 to stage 2 from 23:00 on Saturday to 08:00 on Sunday morning, following which stage 4 load-shedding would be implemented from 08:00 until 23:00 on Sunday.
  8. CHRISTCHURCH/WELLINGTON, New Zealand (Reuters) - Australian Brenton Harrison Tarrant, 28, a suspected white supremacist, was charged with murder on Saturday after 49 people were killed and dozens wounded in mass shootings at two New Zealand mosques. Tarrant, handcuffed and wearing a white prison suit, stood silently in the Christchurch District Court where he was remanded without a plea. He is due back in court on April 5 and police said he was likely to face further charges. Friday’s attack, which Prime Minister Jacinda Ardern labelled as terrorism, was the worst ever peacetime mass killing in New Zealand and the country had raised its security threat level to the highest. Tarrant has been described as a suspected white supremacist, based on his social media activity. Footage of the attack on one of the mosques was broadcast live on Facebook, and a “manifesto” denouncing immigrants as “invaders” was also posted online via links to related social media accounts. The video showed a man driving to the Al Noor mosque, entering it and shooting randomly at people with a semi-automatic rifle with high-capacity magazines. Worshippers, possibly dead or wounded, lay on the floor, the video showed. At one stage the shooter returns to his car, changes weapons, re-enters the mosque and again begins shooting. The camera attached to his head recording the massacre follows the barrel of his weapon, like some macabre video game. Forty-one people were killed at the Al Noor mosque. Police said the alleged shooter took seven minutes to travel to the second mosque in the suburb of Linwood, where seven people were killed. No images have emerged from the second mosque. Tarrant was arrested in a car, which police said was carrying improvised explosive devices, 36 minutes after they were first called. “The offender was mobile, there were two other firearms in the vehicle that the offender was in, and it absolutely was his intention to continue with his attack,” Ardern told reporters in Christchurch on Saturday. Ardern’s office said the suspect had sent the “manifesto” in a bulk email that included a generic address for the Prime Minister, the opposition leader, speaker of the parliament and around 70 media outlets a matter of minutes before the attack. A spokesman said the email didn’t describe the specific incident and there was “nothing in the content or timing that would have been able to prevent the attack.” The staff member monitoring the accounts sent it to parliamentary services as soon as they saw it, who sent it to police, the spokesman said. The visiting Bangladesh cricket team was arriving for prayers at one of the mosques when the shooting started but all members were safe, a team coach told Reuters. Two other people were in custody and police said they were seeking to understand whether they were involved in any way. None of those arrested had a criminal history or were on watchlists in New Zealand or Australia. SORROW, SYMPATHY Twelve operating theaters worked through the night on the more than 40 people wounded, said hospital authorities. Thirty- six people were still being treated on Saturday, 11 of whom remained in intensive care. One victim died in hospital. “Many of the people require multiple trips to the theater to deal with the complex series of injuries they have,” said Christchurch Hospital’s Chief of Surgery Greg Robertson. One victim posted a Facebook video from his hospital bed, asking for prayers for himself, his son and daughter. “Hi guys how are you. I am very sorry to miss your calls and text messages...I am really tired...please pray for my son, me and my daughter...I am just posting this video to show you that I am fully ok,” said Wasseim Alsati, who was reportedly shot three times. Dozens of people laid flowers at cordons near both mosques in Christchurch, which is still rebuilding after a devastating earthquake in 2011 that killed almost 200 people. Wearing a black scarf over her head, Ardern hugged members of the Muslim community at a Christchurch refugee center, saying she would ensure freedom on religion in New Zealand. “I convey the message of love and support on behalf of New Zealand to all of you,” she said. The majority of victims were migrants or refugees from countries such as Pakistan, India, Malaysia, Indonesia, Turkey, Somalia and Afghanistan. Muslims account for just over 1 percent of New Zealand’s population. “I’m not sure how to deal with this. Forgiving is going to take time,” Omar Nabi, whose father Haji Daoud Nabi was gunned down, told reporters outside the Christchurch court. Nabi’s family left Kabul, Afghanistan, for New Zealand in the 1970s. Abdikina Ali-Hassarn and his family moved to New Zealand from Somalia four years ago and were regular worshippers at the Linwood mosque. “I can’t even go to the mosque now because I am scared of that happening again,” the 16-year-old told New Zealand television. He said his mother, who was at the Linwood mosque with his father and brother, saw two people shot. “She came here for the peace...now she is shocked,” he said, adding his mother was too afraid to leave her house. Men and women from the New Zealand Muslim Association in Auckland flew to Christchurch to assist with the funeral rites, washing the bodies, wrapping them in white cloth and taking them to the cemetery. None of the bodies had yet been released due to the investigation, leaving families unable to bury their dead within the 24 hours customary in Islam. GUN LAW REFORMS Ardern said Tarrant was a licensed gun owner who allegedly used five weapons, including two semi-automatic weapons and two shotguns, which had been modified. “I can tell you one thing right now, our gun laws will change,” Ardern told reporters, saying a ban on semi-automatic weapons would be considered. New Zealand has in the past tried to tighten firearm laws, but a strong gun lobby and culture of hunting has stymied such efforts. There are an estimated 1.5 million firearms in New Zealand, which has a population of only five million, but the country has had low levels of gun violence. Tarrant lived in Dunedin, on New Zealand’s South Island, and was a member of the Bruce Rifle Club, according to media reports which quoted club members saying he often practiced shooting an AR-15, which is a lightweight semi-automatic rifle. The AR-15 is a semi-automatic version of the United States military M16 rifle. The minimum legal age to own a gun in New Zealand is 16, or 18 for military-style semi-automatic weapons. Police Association President Chris Cahill backed tighter gun laws, saying the weapons used in the mosque shootings were banned in Australia after the Port Arthur massacre in 1996 in which 35 people were gunned down. The AR-15 was used at Port Arthur, as well as a number of high-profile mass shootings in the United States. WORLD CONDEMNATION Leaders around the world expressed sorrow and disgust at the attacks, with some deploring the demonisation of Muslims. U.S. President Donald Trump, who condemned the attack as a “horrible massacre”, was praised by the accused gunman in a manifesto posted online as “a symbol of renewed white identity and common purpose”. Ardern said she had spoken to Trump, who had asked how he could help. “My message was sympathy and love for all Muslim communities,” she said she told him. Political and Islamic leaders across Asia and the Middle East voiced concern over the targeting of Muslims. “I blame these increasing terror attacks on the current Islamophobia post-9/11,” Pakistani Prime Minister Imran Khan posted on social media. “1.3 billion Muslims have collectively been blamed for any act of terror.” Source: Reuters
  9. I've been tracking the amount of money I spend on my cats for the past 3 or so years now and thought it might make for a cool thread. Do any of you own pets? Do you budget for your pets? How much do you spend on your pet(s) in a month? We have 3 cats (Lilly, Meow Meow and Bubbles (Full name Hollywood Luxury Bubbles)) initially I fed them Hills and Royal Canin and mainly wet food, but that got terribly expensive really quick. I found what appears to be great dry food at Spar, it's their home brand called Pro Balance Cat Food. The Pro Balance (Spar depending) costs R77 for a 2KG bag compared to Hills Cat Food which is R229 for a 2Kg bag and there was a time I fed them Acana which was around R450 for a 1.8Kg bag. Then I would feed some meat whenever we braai so won't add that to the calculation. The cat litter we got a great deal on through the years. We use bentonite (none lethal type) which is clamping, but it's used in construction so it's cheap as in we pay roughly R130 for a 25Kg bag which lasts 2 months between the three cat litter boxes we have. If it was not for this I do not think I would have been able to afford cats considering the traditional cat litter costs around R170 for 3Kg and it and I will probably need 3 to 4 bags a month. What does a cat cost per month: Pro Balance Cat Food R77 per bag x 2.5 ( we normally use two, but have used 3 some months). Cat Litter Bentonite 25Kg bag R130 x 1 (we try to buy one each month to be safe because it's not available when it is the rainy season (no construction sites)). Pro-Balance Cat Food Pouches R7.49 x 6 (Wet food as a treat, normally buy each cat one every now and again). Total cost per month: R367.44 Total cost per cat per month: R122.48 Other cat expenses we had: Meow Meow had to be taken to the vet for an emergency which ended up costing R400. Bubbles and Meow Meow are neutered which was R550 each (R1100 total). Lily is still a kitten. but she will also be neutered and it will be R550 as well. We had a company design a custom cat jungle for them which cost us R7004 (but worth every penny, will post pictures). Cat litter boxes x 4 which were R50 each (R200 total). Cat poop scoopers x 2 which were R25 each (R50 total). Bought Lily for R100 when she was a puny little kitten (less than a month old). Cat carriers x 2 for R300 each (R600 total), great tip: go to Plastic World, the pet shops are overpriced. Drinkwell water fountain (they loved it) which was R674. Drinking bowls, stainless steel x 3 which were R80 each (R240 total). Cat leashes/harnesses to walk them with like in the movies x 2 at R80 a pop (R160 total). Total cat expenses: R11 078 Our cats' costs R4 409.28 per year which comes down to R1 469.76 per cat per year. This is just living costs, it excludes toys and travel and vet visits. I thought as a hypothetical I would like to see if I can afford to feed my cats the ideal nutritional diet that I would want which would consist of Hills or Royal Canin using the above portions it would mean that I need to spend R774 per month or R258 per cat. That is an increase of 71.23% in my spending which means I need to increase my monthly budget for the cats by R406.56 which is possible but will be cutting it very close. I mean if I invest the difference or put the difference in a Tymebank goalsave account at 10% I would have R31 745.17 after 5 years. Suddenly that Hills diet looks a lot more expensive. Now for the fun bits Bubbles (very christmassy) Meow Meow Lily
  10. Are there any new listings coming up on the JSE?
  11. Despite the tremendous F UP that they are facing at the moment, their parliamentary system still looks so much more 'disciplined' than ours. (respect towards the speaker and rules etc)
  12. UK parliament rejects amendment seeking a delay to Brexit British MPs have rejected the amendment which sought to delay Brexit until May 22 for further preparations to take place in order to mitigate the impact of a no-deal Brexit should no agreement be reached. Confused? While lawmakers approved an amendment earlier that rejects a no-deal Brexit at any time under any circumstances, it is a non-binding vote. If no agreement can be reached before the UK is due to leave the EU, a no-deal Brexit can still happen should the EU not accept a request to extend article 50.
  13. Watch Live: MPs debate a no-deal Brexit in the House of Commons after Theresa May’s withdrawal proposal was defeated on Tuesday
  14. I think EasyEquities does (perhaps @jonobruton can confirm)
  15. I see Google finance had a rewamp and now functions as a mobile app. I only saw this now so I'll be playing with it a bit and add my actual stocks to you. Can be really useful to get a quick glance at your portfolio, watchlist and the market as whole. It has relevant news articles in a feed as well.
  16. Someone ping Karin Richards (@Richards_Karin) on twitter and ask her if the list needs updating and then paste the new list of her's here.
  17. This looks to be the bank Sasfin is going to launch: https://hellopaisa.co.za/bank/
  18. Sasfin, in collaboration with Hello Paisa, has launched a new banking initiative that is set to revolutionise the South African banking experience. Last year, Sasfin announced its ambition to deliver new products and services through either partnering, acquiring or developing tech solutions that offer valuable services to customers. This is a significant step in Sasfin’s journey to serve new markets through collaborating with this tech-centered and customer-centric focused business. As part of the Hello Group, Hello Paisa was the first company to be authorised as an Independent Money Transfer Operator in South Africa. It has successfully delivered in the international remittance world and has now recognised the importance of extending banking services to an underserved community. Backed by the banking capabilities of Sasfin, the offering is banking reimagined: a bank designed for everyday individuals who know what matters most to them and their families. Sasfin and Hello Paisa’s distinctive approach is enabled by an open banking and fintech approach and created to deliver exceptional customer service. Supported by Sasfin’s banking platforms and infrastructure, Hello Paisa’s digital banking offering comprises an adaptable ecosystem of services, including an intuitive mobile app, mobile sim card, bank account and a Visa debit card that operates at any ATM or POS device. Based on their ecosystem, Hello endeavours to bundle its offering to suit South African’s needs. The account can be opened in minutes and is driven by game-changing, smart technology. Sasfin CEO Michael Sassoon elaborates: “We saw this initiative with Hello Paisa as an ideal way to offer banking to people we believe are underserved. More importantly, we have the opportunity to do so with a partner that genuinely understands the needs of its customers and has built products to serve their needs. We’re impressed by the innovative work that the Hello Group and Hello Paisa have done over the years and we’re proud to be the bank behind Hello Paisa’s latest endeavour.” Sassoon says that, among other awards received, the Hello Group were the 2015 EY World Entrepreneurs of the year for Southern Africa and Hello Paisa winners of the 2016 SWIFT Innotribe African Startup Challenge is testament to the fact that their achievements have been recognised. Hello Paisa’s entrepreneurial and technological solutions-based culture is something that resounds strongly with Sasfin. According to Ahmed Cassim, the Managing Director of Hello Paisa, creating personalised solutions to serve the unbanked is a fundamental mandate of this initiative. “We serve hundreds of thousands of customers who are underserved, whom traditional banking players cannot reach. Providing them with access to the banking world will make a huge difference to them in growing their businesses and creating more jobs,” he says. Rodger Dunn, Head of Transactional Banking at Sasfin, says that the alliance leverages the strengths of both the bank and Hello Paisa: “By connecting to provide a Banking solution for Hello Paisa’s customers, we are able to bring our experience in banking, best-in-breed services and regulatory knowledge to the table. In doing so, we offer an immediate and practical means through which to leverage the strengths of both the Bank and Hello Paisa to achieve a collective goal – financial inclusion.” Cassim reiterates that the collaboration will similarly allow Hello Paisa to offer more value to their customers: “Over the past fourteen years we have changed lives, through offering our customers a SIM card to connect with their families as well as remittance solutions to send money home. Now, we embark on the next chapter of offering a bank account to keep their money safe and a debit card to transact - anywhere and anytime.” Source: Sasfin.com
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