Telkom secures R902m loan

first_imgRay Maota The Telkom sign can be seen on one ofJohanesburg’s landmarks, theHillbrow tower.(Image: Formore free photos, visit the image library) Telkom’s mobile network, 8ta, waslaunched in October 2010 making itthe fifth mobile network operatorin South Africa.(Image: CONTACTS• Pynee ChettySpokesperson for Telkom+27 12 311 5247RELATED ARTICLES• Telkom mobile to launch soon • MTN launches R8.1bn shares scheme • Telkom teams up with AT&T• Cheaper phone rates for SA South African telecommunications provider Telkom has secured a seven-year loan worth R902-million (US$127-million) from a group of international banks.Part of the loan will go towards buying goods from Chinese telecoms equipment manufacturer Huawei, while the remainder will be used for capital expenditure for the company’s recently launched mobile network 8ta.The fifth mobile network in South Africa, 8ta was launched in October 2010. It’s pronounced “heita”, and is township slang for “how are you?”Telkom plans to spend R6-billion ($848-million) in total building up the network by 2014.Banks involved in the recent loan agreement include Barclays Capital, Absa Capital, China Development Bank, Bank of China, China Construction Bank, Citibank, HSBC and the Sumitomo Mitsui Banking Corporation.The deal is backed by China Export and Credit Insurance Corporation, also known as Sinosure, a Chinese state-owned credit export agency.Gabriel Buck, head of Export Credit Agency (ECA) financing at Barclays Capital, said: “We are pleased to deliver to Telkom a long-term, competitive Sinosure facility. This represents the first financing for Telkom under their ECA umbrella framework, and will provide a benchmark for any future Sinosure financings.”An export credit agency or investment insurance agency acts as the mediator between national governments and exporters, while supplying finance for exports.“Given the existing liquidity constraints within the bank and bond markets, this facility provides Telkom with an attractive and flexible source of additional cost-effective liquidity,” said Anthony Wilter of Absa Capital’s investment banking division.New mobile numberAt the time of 8ta’s launch, managing executive of Telkom Mobile, Amith Maharaj, said: “We will provide the platform for South Africans to communicate more. I’m not exaggerating when I say that this is the start of a new era in mobile phone communication in South Africa and consumers will at last have a real choice.”Telkom SA MD, Pinky Moholi, added: “We wanted to create a brand that builds upon Telkom’s heritage around quality and innovation. At the same time, we realised the need to be simple and to be authentically South African.”Telkom signed a national roaming agreement with its prospective competitor MTN, enabling it to use MTN’s infrastructure to launch its services.Telecoms giantTelkom is one of the leading telecommunication service providers in South Africa and in Africa. Traditionally a fixed-line operator, it first ventured into mobile network territory with the launch of 8ta.The company was founded in 1991 and listed on the Johannesburg Stock Exchange in 2003, 12 years after it got off the ground.In 2006 Telkom’s domination was broken when Neotel became the second fixed-line operator in South Africa. As a mobile network operator, Telkom faces stiff competition from Vodacom, Cell-C, Virgin Mobile and MTN.Telecoms equipment providerHuawei is a leading telecommunication solutions provider and was established in 1988. It provides network infrastructure, software, services and devices.In 2008 it was recognised by Business Week as one of the world’s most influential companies and in 2009 it gained the second largest global market share of radio access equipment.Huawei has worked with some of the world’s leading computer giants, including Intel, Microsoft, IBM and Hewlett-Packard.last_img read more

SANParks teaches conservation

first_imgA computer lab worth R820 000 has been handed over to Masiza High School in Mbaula, Limpopo. Grade 12 pupil Khanyisa Chauke thanks SANParks on behalf of the students and hands over a certificate to Mr Sibiya.(Images: SANParks) MEDIA CONTACTS • William Mabasa SANParks head of public relations and communications +27 12 735 4363 RELATED ARTICLES • New Sanparks educational centre • Free entrance to SA national park • Kruger Park booked out for 2010 • Vultures need our helpMusa M MkalipiA computer laboratory for Masiza High School in Mbaula, Limpopo, worth nearly a million rand; an administration building at Dumisani High School in Cork, Mpumalanga, worth just over two million rand – these are just two of the corporate social investment (CSI) projects of South African National Parks (SANParks).The group’s CSI programmes focus specifically on improving the lives of people neighbouring its wildlife reserves. “In the past, our approach to community development was more of providing access to benefits that accrued from our business,” explained the Kruger National Park’s managing executive, Abe Sibiya. “We have now added the issue of corporate social investment whereby we have begun to provide facilities and resources that can benefit the whole community.”A total of R820 000 ($81 390) was spent on 32 computers as well as the refurbishment of the building in which the computers are kept at Masiza High School. The aim was primarily to benefit the pupils, but also to help the community of Mbaula Ranch as a whole. “The school applied for the project and on the basis that we are today living in the information age, a computer lab was the most appealing to us,” said William Mabase, the head of public relations and communications at SANParks.CSI is not the only way SANParks is promoting education. The organisation introduced its Social Ecology Programme in 1996, which was aimed at creating opportunities for communities that surrounded national parks so that they could also benefit from the parks’ activities. “Since then, communities have been benefiting in many ways, but in 2012, after SANParks adopted a new vision of ‘SANParks connecting to society’, the CSI department was created to give effect to the new vision,” explained Mabase.The aim was to uplift the standard of living of people, especially those in poor communities. According to SANParks, for the next five years its CSI programmes will focus on education through the provision of required infrastructure, libraries, science laboratories, extra classes as well as water tanks. At Dumisani High School, for example, R2.2-million ($21 8383) was donated for the new administration block.Educating the youthFor poor and rural communities, SANParks has pledged to support the implementation of programmes that promote access, benefit sharing, and socio-economic development towards the improvement of communities next to national parks. Environmental education is crucial in this context.SANParks has various programmes in place to teach students and equip them with skills to take care of the environment in which they live that attract more than 170 000 pupils a year. Through its Kudu Green School Initiative (KGSI), for example, students are taught about the significance of climate. KGSI started in 2010 and targets urban areas. These regions are targeted, Sibiya said, because residents here were not exposed to national parks and awareness of conservation. By 2012, SANParks had hosted a total of 22 808 participants, 95% of whom – 21 633 – were students. Numbering 1 175, teachers made up the balance.Seven schools in Gauteng are involved in KGSI at present. They are learning about waste management, food gardening, recycling, water conservation and greening. KGSI is supported by the National Lottery Distribution Trust Fund and is endorsed by the Department of Basic Education.Another programme, Kids in Parks, is a partnership between the national Department of Environmental Affairs, SANParks and Pick n Pay, the second largest supermarket group in South Africa. It provides opportunities for pupils and teachers to use national parks as learning environments. Kids in Parks workshops deal with topics such as environmental ethics on three-day sponsored tours to national parks.Each year, Kids in Parks takes 5 000 children to parks, exposing them to activities such as mountain climbing and horse riding. According to Pick n Pay, the goal of the programme is to broaden the perspectives of under-privileged children by investing in the beauty of the land so that future generations can enjoy a sustainable environment.SANParks also runs the SANParks Social Science Student Support Programme at the University of Pretoria, a multi-year programme that supports tertiary learning and research. Through its own initiatives and support from the National Lottery Distribution Fund, bursaries are offered to students. The programme started in 2011 and focuses on students in the social sciences and heritage conservation fields.last_img read more

Nottingham to Nottingham Travel Bug Race

first_imgShare with your Friends:More Trackable Week presents a new story Monday through Friday this week about creative ways to experience Trackables. Trackables allow people to tag and track an item from geocache to geocache. Trackables typically come in three varieties, Geocoins, Travel Bugs® or Promotional Trackables like the Find the Gecko, Geico campaign. (Watch a video on Travel Bugs)See the bottom of this article for a place a share your Trackable stories, links to other Trackable stories and a limited time special offer for 30% of individual orders of Travel Bugs this week only (US costumers only). Check out Monday’s installment for Trackable Week: Nottingham to Nottingham Travel Bug Race By Kelly RanckThe geocaching community is becoming larger every day, but the global community is using geocaching to make our world increasingly smaller.EyeD1OT 4th2, U.S. Travel Bug competitorTake the Travel Bug, for example. Grab a small item, attach it to a Trackable keychain, assign it a destination and watch it travel across the globe as it is passed from geocacher to geocacher, most of whom are strangers to one another.As a way of bringing the geocaching community ever closer, Jacaru and Balrgn have created a Travel Bug race. The race challenges cachers to send Travel Bugs between Nottingham, United Kingdom and Nottingham, New Hampshire, United States. They organized a race which began over the weekend. It involves more than 90 Travel Bugs.According to Jacaru, the originator of the race, “It came about as I had been thinking that it would be good to organize a race between Nottingham here in the UK and another one abroad. We could then become the geocaching equivalent of twin towns.”Jacaru emailed a few geocachers in the Nottingham, U.S. area with his idea. Balrgn responded that he would gladly like to help out. Both geocachers worked with local reviewers to establish a Travel Bug hotel cache in each location.Cameron Tiede2, UK Travel Bug competitorThese Travel Bug hotel caches are the starting and finishing points for the race. They then started contacting local geocachers and asking whether they would like to enter a TB into the race. According to Jacaru, “Word soon got round and I had quite a few locals wanting to participate. The same happened over in New Hampshire.” By race day, they expect about 30 entrants from both locations.The organizers have created a Nottingham to Nottingham Travel Bug race blog where, once the launch promotional events finish and the two hotels go live, owners will be able to track their Travel Bugs as they race across the globe.“Entrants can go and find the hotel as a normal cache and pick up a bug. However, they cannot pick up their own bug,” says Jacaru. “The first bug to arrive at the UK hotel, and vice versa will win its owner a new specially designed Geocoin, only two of these coins have been made.”Nottingham, New Hampshire, U.S.Notthingham, UKFor more information, Jacaru and Balrgn have also created a Facebook page, where geocachers will receive weekly updates on the race.“This is turning into an exciting race that has really taken shape now and inspired people to join in,” says Jacaru.This is just one of the many examples of the ways in which geocachers are working to creatively build the geocaching community and promote involvement, with a hint of friendly competition.Quick tip alert: If you are racing several bugs at once, check out this helpful hint in our Knowledge Books. It gives you a code so that you can view the status of all of your TravelBugs on the same page.Click on the image for a 30% savings on orders of Travel Bugs (U.S. customers only)Additional Trackable Stories:Watch a soldier receive a Travel Bug tattoo.Read about a Travel Bug Rescue program.Share your Trackable storiescenter_img SharePrint RelatedBecome Trackable on – Tattoos to Travel BugsSeptember 13, 2011In “Community”Trackable EtiquetteNovember 24, 2010In “Learn”The Center of the Trackable UniverseSeptember 15, 2011In “Community”last_img read more

What’s The Difference Between The iPhone 5S and 5C?

first_imgRelated Posts stephanie ellen chan The Rise and Rise of Mobile Payment Technology What it Takes to Build a Highly Secure FinTech … Apple’s big news today was the unveiling of two new iPhone models, the 5C and 5S. What’s the difference between the two? You’re in luck. Here’s a side-by-side breakdown for the 5C and 5S.Price, With Contract5C: $99 for 16GB, $199 for 32GB with a cellular-service contract. Cases are $29 each.5S: $199 for 16GB, $299 for 32GB, $399 for 64GB on contract. Cases are $39 each. Price, Unsubsidized5C: $549 for 16GB, $649 for 32GB5S: $649 for 16GB, $749 for 32GB, $849 for 64GB Color and Material 5C: Plastic body comes in five bright colors: fluorescent white, green, blue, pink and yellow. The 5C’s body is comprised of a single part with no seams or joints. Apple’s cases for the 5C are made of silicon rubber.5S: A metallic body that comes in silver, gold, and space gray. The model is constructed of high grade aluminum with chamfered edges. Apple 5S cases are leather.Camera5C: 8 megapixel rear iSight camera and a new front-facing FaceTime HD camera. 5S: The 8 megapixel camera features an f/2.2 aperture and a larger light sensor than the iPhone 5. A new camera app takes multiple photos with every shutter press and chooses the best picture in terms of light levels, sharpness, and stabilization. A two-LED flash adjusts color and intensity, offering what Apple claims are more than 1,000 combinations.Technical Specifications 5C: Apple-designed A6 processor/graphics chip, 4-inch “retina” display5S: 64-bit A7 processor/graphics chip, M7 “motion coprocessor” chip for analyzing accelerometer and other motion data, home-button fingerprint sensor, 4-inch “retina” displayImage courtesy of Applecenter_img Tags:#Apple#ios7#iPhone#iphone 5C#iPhone 5S Role of Mobile App Analytics In-App Engagement Why IoT Apps are Eating Device Interfaceslast_img read more

Defamation complaint filed against Lalu Prasad

first_imgA complaint has been filed in a court here accusing RJD supremo Lalu Prasad of defamation for his alleged calumnious remark about the complainant’s “friendship” with Bihar Chief Minister Nitish Kumar at a recent rally. The complaint was filed by Udaykant Mishra, a member of the Bihar Disaster Management Authority, in the court of Patna Chief Judicial Magistrate Om Prakash and is scheduled to be heard tomorrow. Mr. Mishra has assailed Mr. Prasad’s utterances at a rally in Bhagalpur last month. The petitioner said that he has known Mr. Kumar for many decades and the remark was made to defame him. He also alleged that there were attempts to drag his name into the multi-crore Srijan scam, which relates to fraudulent transfer of government money into the account of a Bhagalpur-based NGO. The CBI is probing into the Rs. 1000 crore scam.last_img read more

Turning point: South Africa vs West Indies World Cup tie

first_imgThe turning point in the South Africa vs West Indies World Cup match that was played at the Ferozeshah Kotla in New Delhi on Thursday has to be the third wicket stand between South Africa skipper Graeme Smith and AB de Villiers.The two put on 119 runs for the third wicket after the West Indies bowler struck early removing Hashim Amla (14) and Jacques Kallis (4). From 20-2 they pushed the score to 139-3 and eventually helped the team win by seven wickets.Man-of-the-Match AB de Villiers went on to score a century remaining unbeaten on 107 and even earned a MoM award for his efforts.last_img

Grants Pen Residents Benefit from Mobile Justice Unit’s Services

first_imgStory Highlights Residents of Grants Pen, St. Andrew, are the latest beneficiaries of the Legal Aid Council’s Mobile Justice Unit.The Unit was at the Grants Pen Peace Park on Wednesday (February 28) dispensing free legal information on the expungement of criminal records, wills, land titles, criminal matters, and child custody and maintenance, among other issues.The services are part of phase three of the Citizen Security and Justice Programme (CSJP II), targeting 50 communities.The CSJP is a multifaceted and multi-stakeholder crime- and violence-prevention initiative, focused on building community safety and security.It is administered by the Ministry of National Security and jointly funded by the Government of Jamaica; Inter-American Development Bank; United Kingdom Department for InternationalDevelopment; and Canada’s Department of Foreign Affairs, Trade and Development.Attorney-at-law, Shara-Kay Dacres, who is a legal consultant with the Unit, told JIS News that residents were grateful for the services provided, noting that most of them sought advice on land-related matters.“The persons we have seen are very interested in the services. Most of them were not aware that the services of the bus even existed. So they are very interested to know when we will be back in the community, because they have other friends and persons who they know would benefit from the services as well. They are grateful for the advice because a lot of them have issues that they didn’t know how to (address),” she explained.Against this background, Ms. Dacres said the Council is looking to revisit the community and bring back the Unit later in the year.Grants Pen resident, Orette Perkins, who enquired about land-related matters, said the information he received was very detailed.“I am doing something over my yard that’s pertaining to land – paying tax and such – and so I came and got some vital information,” he told JIS News.Another resident, Rochelle Gilzene, said she was very appreciative of the legal advice she received.“I came to check and confirm some information on a legal matter, and I found the information very helpful and informative. The representative was very friendly and courteous and she advised me accordingly… so I am satisfied,” she said.Ms. Gilzene said initiatives such as these are critical to the community.“We have a lot of persons who need this kind of help… to help to sort out certain personal and legal matters, which would be beneficial to persons individually and the community on a whole,” she said.The provision of services through the Mobile Justice Unit is in keeping with the Justice Ministry’s thrust to improve access to justice for everyone, particularly persons in rural and inner-city communities.It is also consistent with the Government’s 2017/18 policy priority regarding the rule of law and timely justice outcomes. Residents of Grants Pen, St. Andrew, are the latest beneficiaries of the Legal Aid Council’s Mobile Justice Unit. The services are part of phase three of the Citizen Security and Justice Programme (CSJP II), targeting 50 communities. It is administered by the Ministry of National Security and jointly funded by the Government of Jamaica; Inter-American Development Bank; United Kingdom Department for InternationalDevelopment; and Canada’s Department of Foreign Affairs, Trade and Development.last_img read more