Cape film boost for economy

first_img20 July 2007The Western Cape’s growing film industry contributed an estimated R3.5-billion to South Africa’s gross domestic product (GDP) in the 2006/07 financial year, according to a study commissioned by the Cape Film Commission.Total turnover for the Western Cape film industry was estimated at R2.65-billion for the year, with about 77% (R2.03-billion) of this located in Cape Town.Barry Standish and Antony Boting from the University of Cape Town’s Graduate School of Business carried out the study earlier this year.The study estimates that 30 long form productions, 600 commercials and 2 100 stills productions were made in the Western Cape in 2006/07.Long form productions, with a turnover of R1.12-billion, was the largest part of the industry, followed by commercials at R0.87-billion and stills at an estimated R0.66-billion. Inside of long form, feature films added R934.3-million and made-for-TV productions R181.3-million.Service commercials made up the largest part of the local commercials industry, with a turnover of R631.8-million in 2006/07, followed by local commercials (R162.5-million) and international commercials (R77.9-million).Creating jobsThe study estimates that the film industry created at least 6 058 full year job equivalents in the Western Cape, of which 1 841 were in long form, 2 459 in commercials and 1 758 in stills. It is estimated that about 4 638 (77%) of these direct jobs were in Cape Town.Estimates are that 2 501 “indirect jobs” were also created in the province through linkages to the film industry, 1 915 of which were in Cape Town.“In total, between 7.9 and 8.2 direct and indirect jobs are created in South Africa for every R1-million spend on production,” the study found.Knock-on effectCatering and accommodation had the most film-related indirect jobs, followed by business services, the general business sector, financial services, and machinery and equipment renting and leasing.The study also found that the film industry is an important contributor to “bed nights” in South Africa, with at least 313 576 bed nights generated throughout the country in 2006/07.Of these, at least 252 000 were generated in the Western Cape, represents 10.7% of the estimated total 2.36-million business bed nights in the province for the year.SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

Absa rolls out tap-and-go payments

first_img23 November 2011Paying for low-value purchases in South Africa is about to get a lot faster and more efficient, with banking group Absa making its “tap-and-go” contactless payment facility available both to standalone point of sale (POS) merchants and to those using advanced or integrated point of sale till systems.In line with its soon-to-be-released prepaid offering, and the launch of several public transport initiatives, Absa is starting to gear up a merchant base to accept this form of contactless payment.The system allows for customers quickly and conveniently to pay for small purchases simply by waving their contactless card in front of a secure contactless reader at the point of sale.With no signature to check or PIN to enter, merchants can expect faster transactions, shorter lines and being able to serve more customers in less time.“There is no additional transaction fee to the retailer as these are treated as normal debit or credit card purchases,” said Absa Card’s Willie van Zyl in a statement this week.“Furthermore, it is aligned with global trends in mobile payment where, in future, consumers will be able to tap their mobile phones against these readers to pay for their low value payments.”Ideal for high volume businessesThe contactless payment solution is ideal for merchant outlets with high volumes of customers where speed of service is essential – in particular, fast food outlets, coffee shops, movie theatres, convenience stores, fuel forecourts, pharmacies and parking lots.Absa has imposed certain limits on this contactless payment which are aligned with the special exemption to control and manage these cards.Tap-and-go transactions are limited to R200 per transaction and users will be able to load a maximum of R1 500 on the card at any time. The total monthly value load limitation is R3 000 per month.“We are pioneering this new way to pay as part of making payments simpler for consumers, thereby making their lives easier,” said Van Zyl. “We have a roadmap of innovations that will change the way consumers purchase, hear about offers, redeem vouchers and coupons as well as make payments.”Absa is also offering incentives to merchants to ease the cost-burden of the reader prior to the cards reaching critical mass.SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

EU vote on opt-out proposal a positive for biotech

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The American Soybean Association (ASA) welcomes news of the European Parliament’s overwhelming rejection of a proposal that would allow individual European Union (EU) member states to opt-out of importing and using foods containing biotechnology for non-scientific reasons. The body voted 619-58 to approve a committee report recommending opposition to the controversial “opt-out” proposal.“This is a much-needed action today by the European Parliament. ASA has repeatedly called on the EU to make science-based decisions on the issue of biotechnology, and we are very happy to see the Europeans do so this morning. One of the unifying principles of the EU is to provide a single market, both within Europe and as a partner in in global commerce.  Enabling each of its 28 member states to go rogue on GMO acceptance, based on societal or political concerns, is hardly a unifying strategy for success,” said Wade Cowan, ASA president. “Soybean farmers welcome today’s news as we look to expand our European markets for animal feed, edible oils, biodiesel and biobased products. Europe is a top-five market for American soybeans, and we looking forward to further expanding our trade relationship. Moving forward, the Commission has been directed by the EU Parliament to come up with a new proposal. However, in our view, it would be more appropriate for the EU to use its own existing procedures to approve new biotech products rather than trying to come up with another approach. The Commission just needs to do its job by following its own regulations and procedures.”last_img read more

Google Spies on Congress? Maybe Congress Should Lock Its Wifi

first_imgA Web Developer’s New Best Friend is the AI Wai… Advocacy group Consumer Watchdog released a report this week claiming that “Google’s WiSpy snooping could have sucked up and recorded communications from members of Congress, some of whom are involved in national security issues”. The BBC quickly picked up on the story, reporting that Google’s Street View “snoops” on Congress members, but overlooks one important piece of the puzzle: If these people are involved in issues of national security, why haven’t they put a password on their wireless network?According to a blog post last May by Google, a leftover piece of code made it into code used in Google’s Street View cars, which collected not only the intended SSID and Mac Addresses, but also wifi payload data. This meant that Google inadvertently collected information sent over unsecured wireless networks as it took pictures and other information. Already, the company has been sued and faced multiple investigations. Now, Consumer Watchdog is calling for another investigation, saying that “Congress owes Americans action.” The group “sent technicians with equipment similar to that used by Google to five members’ homes depicted on Street View to see if there were open WiFi networks that Google could have tapped into and recorded communications.” Apparently, they found that Representative Jane Harman of California – chair of the Intelligence Subcommittee of the Homeland Security Committee – was among a group of nearly 20 high level government officials whose home networks “could have been breached by Google.”John Simpson of Consumer Watchdog told the BBC that the group thinks “the Google Wi-Spy effort is one of the biggest wire tapping scandals in US history” and that its purpose “was to show that members of Congress are targets just as much as every other citizen in the land”. A better purpose, it would seem, would be to show that government officials entrusted with issues of national security are apparently broadcasting information out to the public over unencrypted networks – perhaps this merits an investigation. Why Tech Companies Need Simpler Terms of Servic… Related Posts mike melansoncenter_img Top Reasons to Go With Managed WordPress Hosting Tags:#Google#news#web 8 Best WordPress Hosting Solutions on the Marketlast_img read more

How to End the Year Strong

first_imgChances are, if you are going to struggle to reach your goal, the cause is to be found in your habits earlier in the year. If your pipeline lacks the deals you need to make your number now, the opportunities you need would have already been created and well down the path. That said, you have to do your very best to turn in the best result you can while there is still time. Here are some ideas about what you might do now.Follow up every deal and gain the next commitment necessary to move the deal forward. In The Lost Art of Closing, I provided ten commitments that one generally finds in a B2B sale. Go back over those commitments to see where you lost control of the deal and call your prospect to ask for a meeting to do whatever it is you may have missed. My guess is that you missed the Commitment to Change, the Commitment to Build Consensus, or the Commitment to Resolve Concerns.Look for early-stage deals with stakeholders who are more compelled to change and offer to shift their “go live” timeline. One common mistake is to focus only on closing late stage deals. But highly motivated, engaged, and compelled prospects who want change now are just as likely to move forward with a deal—and in some cases, more so. See if you can move their timeline up for them.Remove any known barriers to buying. If you know some concern is preventing your prospective client from buying from you, ask to resolve or address any concerns or provide whatever proof they believe necessary to move forward. You may be tempted here to remove price as a barrier, and maybe you are right to do so, but I worry about you training your clients to wait you out, especially when you renew their contract.Fire every weapon. You have to do everything you can to win, even when it means you ask other people for help. Engage your sales manager, your sales leader, your executive leadership, a client reference, or even a board member to engage with a prospective client that isn’t moving and need a nudge. Sometimes having a leader call another leader can smooth the path.Gain agreement on the start date and outline the milestones between now and that date, including the date you’d need to have an agreement in place. If your dream client needs to go live on March 1st, then explain why you need to a contract in place now, and what you are going to need to do together between the date they sign and the date you go live. You can also use these milestones to demonstrate when you are going to your best resources available for your prospective client.What are you going to do to ensure that you end 2018 strong? Get the Free eBook! Learn how to sell without a sales manager. Download my free eBook! You need to make sales. You need help now. We’ve got you covered. This eBook will help you Seize Your Sales Destiny, with or without a manager. Download Nowlast_img read more

Gilas Pilipinas joins Fiba Asia Champions Cup in China

first_imgTrending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Typhoon Kammuri accelerates, gains strength en route to PH “Breaking: Chooks-to-Go Pilipinas joins @FIBAAsiaCC. Games will be shown @TV5manila & @Sports5PH,” Reyes wrote.The tournament features some of Asia’s best club teams with China’s Xinjian Flying Tigers tipped to repeat as champions. The Flying Tigers will be led by naturalized Filipino Andray Blatche.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutGilas, which finished in seventh place in the Fiba Asia Cup last month, will use the competition as part of its buildup for the Fiba World Cup Qualifying in November. Read Next Catriona Gray spends Thanksgiving by preparing meals for people with illnesses MOST READ View comments LATEST STORIES Roger Pogoy. Photo from Fiba.comGilas Pilipinas is set to compete in the 2017 Fiba Asia Champions Cup which runs from Sept. 22-30 in Shenzen, China.National team coach Chot Reyes announced Gilas’ participation in the tournament Tuesday on his Twitter account.ADVERTISEMENT SEA Games in Calabarzon safe, secure – Solcom chief Brace for potentially devastating typhoon approaching PH – NDRRMC Don’t miss out on the latest news and information. Kammuri turning to super typhoon less likely but possible — Pagasa UPLB exempted from SEA Games class suspension LOOK: Venues for 2019 SEA Games San Beda cruises to 8th straight; Bolick ejected after scufflelast_img read more

Superchoke! Worst Play in History Taints Otherwise “Game for the Ages”

first_imgGLENDALE, AZ – It would’ve been a game for the ages. For all intents and purposes, it should have been.  And for 59:40 out of 60 minutes, it was.But then, with only 20 seconds left in the game, arguably the worst play call in Super Bowl history – that’s saying a lot, but it’s easy to back up – turned what should have been one of the greatest Super Bowls ever into one of the most preposterous and frustrating ones of all.It was a classic battle: the vaunted New England Patriots, whose head coach Bill Bellichick and quarterback Tom Brady had already appeared in five Super Bowls together – three wins and two losses – versus a Seattle Seahawks team that looked like a dynasty in the making – after dismantling the high octane Denver Broncos in last year’s big dance, and outlasting another offensive juggernaut, the Green Bay Packers, by a sheer will to win, to emerge as the NFC champions and head to their second straight Super Bowl.Seattle’s ferocious defense, unstoppable running back Marshawn Lynch, and prolific passing/rushing quarterback Russell Wilson made them an easy pick to get to the final game again. On the other side, in the AFC, were the New England Patriots, after a shellacking by the Kansas City Chiefs on national television early in the season on Monday Night Football 41-14, the pundits wrote Brady’s epitaph. Courageously, he rose to the occasion like a true champ and proved them wrong.  The Pats came back to win the conference, as the defending AFC champion Denver Broncos faded – largely due to their own aging legend, quarterback Peyton Manning, who suffered a quad injury that hobbled him during the home stretch.Then, after dismantling the Indianapolis Colts 45-7. the Patriots endured a major distraction – Deflategate – for the past two weeks: the allegation being that they deflated their footballs below NFL standards, thereby “cheating” their way to a Super Bowl berth.  Well, if nothing else, they proved the footballs’ PSI count to be a moot point, as they more than held their own against the league’s top defense in Super Bowl 49 – with Brady throwing for four touchdowns.  If that alone would have accounted for the Patriots win, what a great story it would have been!Seattle, in turn, came back from an early New England lead to claim a 24-14 lead in the third quarter. After picking off Brady twice, they looked as if they’d coast to their second consecutive Super Bowl win, cementing themselves a bona fide dynasty in the making.Admirably, the Patriots came back again – with two consecutive TD scores, leading by four points, 28-24, with about two minutes to play.But if the Patriots set the standard for clutch over the past two decades, the Seahawks have matched that play for play over the last couple of years. And with two minutes left, Wilson drove them down the field to the half yard line.There, they were supposed to give the football to Marshawn Lynch – the most ferocious, unstoppable running back since…maybe Jim Brown. The Seahawks didn’t have to disguise their play: they could have announced, on the scoreboard: “WE ARE HANDING OFF THE BALL TO MARSHAWN LYNCH – HE HAS 1/2 YARD TO DRIVE – SO FEEL FREE TO PUT YOUR ENTIRE DEFENSE ON COVERING HIM.”  It would not have mattered. Lynch would have scored.  It is the simple laws of physics.It is like prompting an elephant to break a defense line comprised of flamingos.  The elephant wins – every time.Astonishingly, however, the Seahawks decided to throw the football.  As if they were the flamingos facing a wall of elephants. And throw they did – right into the hands of Patriots’ safety Malcolm Butler. He intercepted the ball.  The Patriots held serve, and won the game.This game should have ended one of two ways: either the Patriots should have brushed off the Deflategate distraction and used their surgical skills to pierce through the Seahawks’ vaunted defense, or the defending champions should have dominated with their superior talent.It would have been worth noting that Seattle’s defense was hobbled to begin with, and got even more hurt as the game progressed. Had they been healthy, it is likely that clutch or no clutch, Brady would have had a TD or two at best, with four interceptions.Good for Brady – good for the Patriots. I’m glad they shook off the September 29 cobwebs and bounced back. Too bad their heroics were tainted by the worst call in Super Bowl history.  At least we can be thankful for one thing: the Patriots have proven they are great at scoring points, no matter what the footballs’ PSI level. TweetPinShare0 Shareslast_img read more

Photo: The ACC Network Misidentified UNC Point Guard Joel Berry As N.C. State Quarterback Jacoby Brissett

first_imgACC Network used NC State QB Jacoby Brissett's picture for Joel Berry.North Carolina is taking on Boston College on the road today, and Tar Heels freshman point guard Joel Berry is returning to the court after missing nearly a month with an injury.The ACC Network put up the following graphic to discuss Berry’s return, with one small problem. The player in the headshot isn’t Berry. Instead, it’s N.C. state quarterback Jacoby Brissett.Nope. That’s not @JoelBerryII. pic.twitter.com/L1l3A1KnXi— UNC Humor (@UNCMemes) February 7, 2015Now, Brissett and Berry share the same initials and both play in the state of North Carolina. And the point guard is the quarterback on the basketball court, right? So I guess it’s close enough.Actually no, it’s not. At all. But at least this graphic was in coherent English, as opposed to this one involving UNC.last_img read more

Djiboutis Breakdown of Rule of Law Threatens Investment

first_imgzoomImage Courtesy: Government of Djibouti Djibouti’s recent action to denounce the international Rule of Law is calling into question any investment in the country both now and in the future, Dubai-based port and terminal operator DP World said. Later this week, the government of Djibouti is to take a decision to apply to the country’s high court to rule all previous international adjudications null and void.DP World believes that this is “a complete disregard for and contravention of the global legal system and existing contracts.”Last year, Djibouti terminated the concession contract with DP World for the operation of the Doraleh Container Terminal SA (DCT). DP World controlled 33.34% in DCT and Port de Djibouti S.A., an entity of the Republic of Djibouti, 66.66%.As a result, DP World launched an arbitration case against the country’s government. Although DP World has been successful in previous substantial rulings by the London Court for International Arbitration (LCIA) and the High Court of England and Wales, Djibouti ignored all of them despite the original contract for the concession being written under English law.The most recent decision by the LCIA on March 29 this year found that by developing new container port opportunities with China Merchants Port Holdings, a Hong-Kong based port operator, Djibouti has breached DCT’s rights under its 2006 Concession Agreement to develop a container terminal at Doraleh, specifically, its exclusivity over all container handling facilities in the territory of Djibouti.The tribunal ordered Djibouti to pay DCT USD 385.7 million plus interest for breach of DCT’s exclusivity, with further damages possible if Djibouti develops a planned Doraleh International Container Terminal (DICT) with any other operator without the consent of DP World.The tribunal also ordered Djibouti to pay DCT USD 88 million for historic non-payment of royalties for container traffic not transferred to DCT once it became operational. Djibouti is also ordered to pay DCT’s legal costs.The court recognized that the 2006 concession agreement remains valid and binding.“DCT and DP World continue to seek to uphold their legal rights in a number of legal fora, following Djibouti’s unlawful efforts to expel DP World from Djibouti and transfer the port operation to Chinese interests,” DP World said in a statement, adding that litigation against China Merchants also continues before the Hong Kong courts.last_img read more