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Showing posts from March, 2021

My recent visit to Zimbabwe

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 The journey was well planned and it took us less than 10 hours to reach our destination from Pretoria South Africa to Mvuma central Zimbabwe.  A lot of construction is happening on the roads. Harare to Masvingo Highway is complete and the remaining part which was left between Beitbridge and Masvingo is being completed.  Surely by December it should be done. Though there is a lot of money being miss used, there are elements of success. Harare to Beitbridge road was a death trap, the road had so many potholes, had no shoulder no fencing to protect  animals from entering the road and some parts even worn out that left it narrow in a way that two trucks cannot pass without one having to go out of the road.  Those improvements form part of the new Government's transformation policy. There is job creation and slowly improving the standards which has been declining for more that 20 to 30 years. Surely Rome was not built over night. At the border you can see significan...
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SARS looking for IT professionals to improve tax system

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  Hanno Labuschagne 29 March 2021 Subscribe The South African Revenue Service (SARS) has  announced  hundreds of vacancies for skilled workers across various fields as part of its plan to modernise its tax compliance systems with new and evolving technologies. “SARS is preparing for a future where increasingly our work will be informed by data driven insights, self-learning computers, artificial intelligence and interconnectivity of people and devices,” the tax authority stated. “Mindful of this, we are evolving our workforce to prepare for this exciting changed and changing world of work.” “Whilst we continue to develop our own employees, we invite talented and passionate executives, who share our strong public service ethos and unmistakeable commitment to improving the material conditions and wellbeing of all South Africans,” SARS said. These employees would assist in SARS’s mandate of ensuring optimal compliance with tax and customs legislation in South Africa. Availab...
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ANALYSIS | Liquefied natural gas production in Mozambique and the political risk of Islamic militancy

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  Theo Neethling SHARE 0:00 SUBSCRIBERS CAN LISTEN TO THIS ARTICLE In this file photo taken on 16 February 2017, a Mozambican woman walks in Palma, a small, palm-fringed fishing town in Mozambique. PHOTO: John Wessels/AFP The escalation of violence and armed conflict in the Cabo Delgado province of Mozambique since early 2020 has raised some pressing questions over the future of liquefied natural gas investments, writes  Theo Neethling. The Cabo Delgado province in the northernmost part of the long Mozambican seaboard is now home to Africa’s three largest liquefied natural gas (LNG) projects; these projects have attracted many of the world’s major multinational energy companies, accompanied by massive LNG investments. There can be little doubt that the discovery of rich LNG reserves is a potential game changer for Mozambique’s economy and the development agenda of the country. It is potentially an opportunity for the rapid advancement of a country that currently ranks clo...
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MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions

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  USINESS REPORT COMPANIES MultiChoice’s black economic empowerment scheme is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. Picture: Karen Sandison/African News Agency(ANA) MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions By Edward West   Feb 16, 2021 CAPE TOWN - PHUTUMA Nathi, the MultiChoice black economic empowerment scheme of more than 80 000 shareholders, is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. “This money belongs to our shareholders. We’re calling on them to contact us to get their money. In these tough economic times we want to do everything in our power to give them what is rightfully theirs,” Phuthuma Nathi chairperson Mandla Langa said in a statement yesterday. Phuthuma Nathi has been paying dividends every year since the start of the scheme in 2006. Am...
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Which countries have the world’s largest coal reserves?

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  Visual Capitalist Elements   | September 15, 2021 | 8:58 am   Intelligence   Australia   USA   Coal   The Countries With the Largest Coal Reserves Cheap and abundant coal remains one of the largest sources of energy worldwide, even as governments set out goals to reduce greenhouse gas emissions. While jurisdictions in Europe and North America have been phasing out coal use in power generation, it has been on the rise in Asia. China and India are scrambling to provide electricity to a growing population and relying on coal power plants to meet demands despite the environmental costs. SIGN UP FOR THE ENERGY DIGEST Sign Up This infographic takes a look into the  BP Statistical Review of World Energy 2021 , and the 11 countries that make up  89%  of the coal reserves globally. Coal Reserves, by Country While countries need to phase out coal by 2040 to achieve the Paris Agreement goal of limiting global warming to 1.5ºC, consumption in key ...
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MOTORS MARINE MAY 7, 2021 Boat of the Week: This 171-Foot Super-Luxe Sportfishing Yacht Is the Largest in the World

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  The epic vessel is a 30-knot "battlewagon" designed to chase marlin, swordfish and sailfish. It's also decidedly lavish. By  HOWARD WALKER           Courtesy Vripack To hook the world’s biggest fighting fish, in the words of Chief Brody in the classic 1975 movie  Jaws , “You’re going to need a bigger boat.” Privately owned  fishing  boats won’t come any bigger than this astonishing 171-foot super-luxury sportfisherman, set to claim the title of “World’s Largest Sportfish Superyacht.” Designed by Dutch naval architects  Vripack , and soon to start construction at the Royal Huisman yard in the Netherlands, Project 406 as it’s currently codenamed, will be a 30-knot “battlewagon,” designed to chase marlin, swordfish and sailfish to the ends of the earth. “Project 406 is a sportfishing machine on steroids,” Vripack co-creative director Bart M. Bouwhuis told  Robb Report . “It has the proportions of a typical American sportfishing ...
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