back to top
Thursday, June 25, 2026
Home Blog Page 813

The Hungover Games

0

Bruce Jenner, Tara Reid and The Real Housewives of Beverly Hills are getting into the spoof games. The odds are so not in their favor.

After Doug’s bachelor party in a rundown motel outside of Las Vegas, our hung-over party-ers, Bradley, Ed, and Zach wake up in a strange room in an even stranger world, without Doug.

After meeting the spoiled and immature Effing and the gruff, alcoholic Justmitch, our heroes put the pieces together and realize they are on a train headed for the deadly Hungover Games.

It’s a fight for survival in the Arena as our guys go toe to toe against various Pop Culture Districts, including The Superhero District, The Middle Earth District, the Puppet District, and the Johnny Depp District.

Will Bradley, Ed, and Zach find Doug and get him back for the wedding?

The Hungover Games comes to theaters in 18th February 2014 and stars Ross Nathan, Ben Begley, Russ Harper, Rita Volk, Tara Reid, Robert Wagner, Kyle Richards, Jamie Kennedy. The film is directed by Josh Stolberg.

UPDATED:Ghafla Kenya Launches in Kenya’s Coastal Towns

0

1379646_524231044329370_254301217_nKenya’s number one entertainment and celeb gossip site has launched in Mombasa and is finalising on its plans to set down shop in Kisumu as well, in a move to fill the emptiness that’s entertainment news in the counties.

According to Sam Majani, founder and CEO Ghafla ,” We’ve opened a bureau in Mombasa. I hired content and sales guys last week and now we’re orienting them in our system. We’re doing market survey now for expansion into Kisumu, but nothing final.”

Ghafla Kenya has been at the forefront of  Kenya’s entertainment news and has become a tool for exposing young and upcoming artists who might never see the light of day without Ghafla’s exposure. It also celebrates fashion by asking its fans to send in photos to be published to its over 12 million readers monthly.

“Mombasa is lucrative in terms of content. Loads of drama going on over there, and also there are a lot of potential advertisers who could be brought online in coast,” Majani told TechMoran on his expansion move.
Earlier told me he wanted to enter the tech news race but when I told him it’s bogus and needs working around the clock he shelved the idea. Launching across the country will make the site the de facto go-to for Kenya’s entertainment news and will beat the mainstream media by far due to its clog and bureaucracy.

1501842_556625381089936_1267990367_n

Presently the only independent and highly trafficked site local site, Ghafla is an inspiration to Kenyan new media entrepreneurs due to its growth, being able to compete with sites owned by dollar-fueled who’s who’s in Kenya even though Majani had to pull down some of the articles which were branded obscene. Launching in Mombasa will give the web news startup a new following as the county is less covered, and ignored by almost every top player in town.

Ghafla sometime back launched a deal service but pulled it down and began working with competitors instead. We just hope it won’t fall to the same trap on the counties again.

****
An earlier version of this story has been edited to reflect the changes.

Study in Kenya Relaunches Website for Simpler Navigation & Search

0

studyinkenyaWebsites are built for use by millions of people in the world. While a great number of users understand basic search and have the patience to search for whatever they are looking for on a site, the majority of users have no minute to waste.

Study in Kenya, an online portal allowing anyone to search for higher education institutions, courses, scholarships and career guidance has redesigned its website, and given it a bold new look and enhanced user experience to make it faster to access information, easier to navigate for users, and easier for us to manage.

“We have streamlined our menus to give you quick access to the items you’re looking for on the homepage to point you in the right direction quickly,” said Janet Ngugi CEO Study In Kenya. “We also have an built a simpler but exhaustive search function with search according to the level of education from PHD, MBA, Undergraduate, Diploma and Certificate offered in the country.”

The new platform, not so different from the old in looks allows users to explore courses offered by institution; e.g. Courses available at University of Nairobi, find opportunities for tertiary education in your county and browse for courses based on the mode [Full/Part time, Distance Learning or Online Based] and search for courses based on their KCSE mean grade

“Users will now be able to compare up to five courses being offered in different institutions. After a user identifies his/her course of interest, they can apply for it online – through the same portal, and even pay application fees using mobile money; knowing the outcome of an application will also be timely. We are doing all this to ensure studyinkenya.co.ke is a convenient and resourceful tool that saves the user their time and money by enabling one to do all this on the readily available internet,” Ngugi said.

The platform has listed about 3,000 courses from over 45 higher learning institutions in Kenya. The platform promises to expand its online content by working with more registered tertiary institutions to serve users with more updated and accurate course information in local colleges, TVETs and universities.

The platform is also open to advertisers who want to reach out to the higher education community. Colleges can also run  sponsored courses to promote new courses, programs and intakes and also extend their reach and rank higher in search results.

Study in Kenya is not the only such platform. ChuoKikuu, a similar platform launched last year also wants to take the higher education field by storm.

 

SAP Africa tie-up with Oryx Computer Systems for strategic cloud solution to meet SMEs requirement

0

06

Bunmi Adetoyinbo

In a move to increase its Business One Cloud solution implementations for Small and Medium Business Enterprises (SMEs) in Nigeria, SAP Africa has signed a private cloud licensing agreement with Oryx Computer Systems, a multiple award-winning SAP AG partner.

The agreement allows Oryx Computer Systems to offer managed cloud-based SAP services in the West African market at an affordable price point.

Since its inception in 2005, Oryx has distinguished itself as the largest SAP Business Management solutions and services company for SMEs across the region, using SAP solutions to drive businesses to seamless business process integration and increased productivity.

Speaking on the partnership, Managing Director, Oryx Computer Systems, Tayo Adegbola explained that “the licensing agreement is a natural extension of the company’s on-going positive relationship with SAP to meet its SME customers’ requirements for fixed-cost, scalable industry-specific solutions.

“With more than 300 000 thriving SMEs in Nigeria and the global trend for subscription-based cloud services accelerating, we are able to capitalise on this untapped market,” Adegbola said.

Adegbola stated that with the International Finance Reporting Standard (IFRS) coming into effect in Nigeria in 2014 which aims to strengthen accounting transparency of company financial statements, Oryx will have the opportunity to work hand-in-glove customers to meet country-specific compliance and regulatory payroll needs.

Managing Director, SAP West Africa, Richard Edet, noted that Nigeria has always been a strategic market for SAP solutions, while adding that with reliable Internet connectivity reaching critical mass in West Africa, SME cloud-based services are becoming a reliable and affordable alternative to on-premise solutions.

According to him, with dynamic partners like Oryx, SAP Business One Cloud will provide small businesses or subsidiaries of large companies with a dynamic software solution to manage all critical business processes in a cloud-based offering without the need for additional infrastructure and at a fixed cost.

He revealed that “Oryx is a multiple award winning SAP AG partner in Nigeria and with a solid track-record for implementing and supporting SAP solutions.”

 

 

 

Nigeria’s Start-up Develops An App To Fight Malaria

0

malaria

One of Nigeria’s start-up, Mobile Software Solutions Limited, has developed Malaria Destroyer Game (MDG).

This App has been created to eradicate malaria in Africa and the world over. Its main strategy aims at reducing the cost of lost productivity in Nigeria as well as Africa by 50 percent by 2015. The central focus of the company is to ensure that Nigeria attains a fundamental requirement of the United Nations Millennium Development Goals (MDGs). 

Reports say that in one year over one million of the 300-500 million reported cases of malaria die form the disease, Africa being the most affected.

Prof Onyebuchi Chukwu, minister of Health, said that every 45 seconds, a child dies of Malaria in Africa! Also, Malaria costs Africa an estimated $12 billion in lost economic productivity each year due to Malaria.

The app has the potential of reaching more than 50 million people in Nigeria and 500 million in the continent. MDG is a Technology and Education based Mobile Apps Psycho-Game designed to save future generations from the malaria pandemic in Nigeria/Africa .-  by eradicating mosquitoes and by extension the destruction of Malaria.

MDG should be able to create and apply Technology capability to reach millions of people world-wide and destroy Malaria. It is endorsed by the United Nations, Open Media, Ltd., Centre for Values and Leadership, University of Tampere, Finland and others too numerous to mention. 

How Nigerians Pray Versus How Americans Pray.

0

There is an age long debate about how prayer should be with different denominations following different styles of prayer.

In this video on Vine, Temi Turner shows the classic difference between an “American” prayer and a “Nigerian” prayer

Really classic and funny stuff

Watch the video and share with friends

Experts urge Nigerian government to embrace technology in agriculture, sign bio-safety bill into law

0

cowpea-vegetative_1

Bunmi Adetoyinbo

Nigeria’s dream of achieving food sufficiency in 2015 will be a mirage, unless the country adopts biotechnology in its agricultural sector, says agricultural experts.

Participants at the 10th anniversary of Africa Agriculture Technology Foundation (AATF) seminar made this observation recently in Abuja.

AATF urged Mr. President to sign into law, the bio-safety bill currently before him, saying that this would open up a new vista for massive production of food for local consumption and export, irrespective of other reforms going on in the sector.

The new law is expected to usher in a new era in the deployment of biotechnology to boost food production, ensure food security and reduce the high incidence of food importation.

Agricultural biotechnology is the application of technology to agriculture to make, modify or improve on a product for the benefit of mankind.

AATF explained that it chose the most expedient way to agricultural development in Africa by embracing and investing in proprietary technology acquisition, development, adaptation and adoption for use by the resource-poor farmers of Africa.

According to the Foundation, African farmers have over the years faced many challenges in their attempts to increase productivity; pre- and post-harvest crop losses due to pests, diseases, weeds and droughts have resulted in low yields, as well as risks and fluctuations in incomes and food availability.

“Improved agricultural technologies were the key to agricultural development in many of the worlds developed economies of today and remain the key to development of the agricultural sectors in Africa,” says AATF.

 

 

 

Microsoft Trains 20 Technicians In Smartphone Repair

0

microsoft


Microsoft, Computers For Schools Kenya and iFixit have today kicked off the training of 20 youth artisans in device repair at the Pan African Christian University in Nairobi.

The training will give training on the repair and assembly of devices, which is managed by Computer for Schools in Kenya who will develop partnerships in order to provide similar trainings to hundreds of young people across the country.

“Working with the community, we realized that they did not have the know-how to repair the devices, and so we approached Microsoft. We want them to have the expertise to repair the devices when they break down. Also, the coming in of government laptops will bring in a big challenge of repair. We are happy that the iFixit team is also providing repair tools which are also not available to the community,” said Nicholus Nzou, Executive Director, Computers For School Kenya.

iFixit will be bringing in their skills and expertise as an industry leader when it comes to repair and assembly of smart devices. The firm regularly disassembles devices to develop repair toolkits, providing information on the manufacturing cost of the device, and how repairable and environmentally friendly devices are.

The objective of the initiative is to extend the life of devices through management of e-waste and also provide income to young people as part of Microsoft Youth Spark programme, whose aim is to provide skills and opportunities for youth.

Djam Bakhshandegi, Corporate Social Investment Manager for Sub Sahara Africa said: “We have seen lots of growth and demand of smart devices in Kenya including Windows Phone smartphones. Microsoft has identified the need to support our customers by ensuring that there is enough technical expertise, from device manufacturers and vendors to technicians on the ground. For a while, Kenyans have struggled to find reliable and trustworthy technicians.”

The training is expected to have a nationwide impact with 13 of the 20 artisans being drawn from outside Nairobi. The Repair Business Toolkit and Build Your Business Curriculum training that the technicians will receive will help them in building sustainable businesses and is also expected to lead to additional job opportunities in the counties.

Zegist Wants to Give You A Special Gift This Valentine

1

Zegist Magazine, a breath of fresh air to the Nigerian online magazine space that wants to redefine how Nigerians consume Fashion, Entertainment, Beauty, Lifestyle and Technology wants to give you a special surprise gift this Valentines.

Valentine’s Day, a special day that celebrates love with different fantasy valentine’s day gift idea we hope gets fulfilled every year. From dreams of being whisked off to the most romantic island to a special proposal dinner by the seaside.

ZEGIST

What is your ultimate Valentine’s day fantasy gift? Dinner for two on the moon? breakfast with Idris Elba in bed(who hooo)?

To win a surprise gift from Zegist, you need to simply;

Visit Zegist website here and answer the question: What is the best valentine’s gift you can ever give someone you are in love with?

Powered by Evans Akanno Creative Design Agency

Lagos State Launches e-certificate of Occupancy

0
Image:Connectnigeria.com
Image:Connectnigeria.com

Bunmi Adetoyinbo

To ease the stress of acquiring documents for property bought in Lagos State, the state government has introduced a new electronic certificate of occupancy (e-C of O) to 55 property owners in the state.

The objective of the e- C of O is to increase public/investor confidence by instilling integrity in the C of Os issued by the state government.

At a brief ceremony held in Ikeja during the weekend to kick start the process, Lagos State Governor, Babatunde Fashola presented the documents to the property owners.

Fashola explained that the migration from the paper title to electronic C of O was a response to the problem of counterfeiting.

According to him, the illegal printing of the “Yellow Paper” has affected the reliability of the C of O as a legal title to property in the state.

“This new electronic document is more secure as it is designed to eliminate cloning and issuance of documents that are not genuine. Those issued with this e-C of O can be sure they have bought land rather than law suits. The new document guarantees safety of properties,” he said.

Fashola assured that the government would ensure speedy issuance of the new document to clear the backlog of applications.

He disclosed that holders of the “Yellow paper” would soon be required to turn in their old document to obtain the electronic one.

Speaking, the Permanent Secretary, Lands Bureau, Hakeem Muri-Okunola, said the issuance was faster and that applicants who fulfill all necessary conditions will get their document within 45 days.

Before now, the processing of C of Os in Lagos State has been made cumbersome by bureaucratic bottlenecks that unnecessarily delay the issuance of the document. There have also been cases of multiple C-of-Os being issued to different parties on the same piece of land. This has led to consuming litigations, while some people have perfected the art of cloning or illegally duplicating genuine C of Os with a view to perpetrating fraudulent transactions.

 

 

Two Nigerian Techpreneurs Listed by Forbes Among the ‘10 Most Powerful Men in Africa’ in 2014

1
Chinedu
Chinedu

Bunmi Adetoyinbo

Two young Nigerian technology entrepreneurs, founder, HotsStop.com,  Chinedu Echeruo and CEO, Konga.com, Simdul Shagaya have made the influential and respected American business magazine, Forbes Magazine’s list of 2014’s “10 Most Powerful Men in Africa.”

In the list which was released during the weekend Forbes indicated that the 2014 list follows the launching list of the 2011“10 Youngest Power Men In Africa”.

The magazine noted that the 2014 list is distinctive and it comprises of “Africa’s emerging power brokers who are carving a name for themselves and simultaneously changing their communities and the continent.”

Chinedu Echero is a Nigerian US based technology entrepreneur who founded HotStop.com in 2005. HotStop was sold to Apple in July, 2013 at an undisclosed amount but Forbes disclosed that it’s within the billion dollar range.

Simdul
Simdul

HopStop is an online city transit guide for travelers using its website, or apps for iPhone. The company’s services covers over 140 cities round the world, according to Wikipedia, the free online encyclopedia. In 2011, the online transit guide was named one of the top 100 fastest growing software companies in the United State by Inc. magazine.

Echero also founded Tripology.com an interactive travel service that connects travelers with with travel specialists. The platform was acquired by an American travel and navigation information company, Today Travel Media Group in 2010.

The technology entrepreneur holds an MBA from Harvard Business School and a BS from Syracuse University.  He worked for several years in the Mergers & Acquisitions and Leveraged Finance groups of J.P Morgan Chase where he was involved in a broad range of M&A, Financing and Private Equity transactions.

Simdul Shagaya, who also made the list founded Konga.com and DealDey. He bagged the ‘All Africa Business Leaders Awards’ Entrepreneur of the Year award last year.

Konga.com which was described by Forbes as Africa’s answer to Amazon.com is Nigeria’s largest online shopping portal that sells goods and services directly to consumers.

Shagaya is a graduate of George Washington University, Dartmouth College and holds an MBA from Harvard Business School.

 

‘Ride Along’ finishes first in box office race, leaves other movies in the dust for 3rd week

0

Buddy comedy ‘Ride Along,’ starring Ice Cube and Kevin Hart, grossed $12.3 million at movie theaters over the weekend, staying on top for the third week in a row.

<br />
	Kevin Hart (l.) and Ice Cube go on patrol in ‘Ride Along.’<br />

In the first five minutes of “Ride Along,” director Tim Story gives us a shootout, a car chase and a massive explosion. So if you’re looking for brainless action, hop in. But if you’re aiming any higher, you’ll probably want to find another ride.

The director seems to assume — probably accurately — that stars Ice Cube and Kevin Hart already have enough fans to pack theaters. He lets his leads do what they do and doesn’t bother asking for more.

Ride Along” held off Super Bowl weekend challenges from two chick flicks to stay atop the box office for a third straight week.
Universal Pictures’ buddy comedy starring Kevin Hart and Ice Cube raked in $12.3 million, according to studio estimates.

With much of the country focused on Sunday’s Super Bowl, Focus Features’ “That Awkward Moment” and Paramount’s “Labor Day” targeted female audiences.

But “That Awkward Moment,” starring Zac Efron, placed third with $9 million, behind second-place “Frozen,” the Oscar-nominated animated hit that earned $9.3 million.

At $360 million and counting, “Frozen” is now the highest-grossing original animated film of all time.

Animated movie “The Nut Job” placed fourth with $7.6 million.

Lone Survivor” rounded out the top five with an estimated gross of $7.2 million. “Jack Ryan: Shadow Recruit” was sixth with $5.4 million.

Labor Day” placed seventh with $5.3 million.

Phillip Seymour Hoffman (46) found dead in his home

0

Hollywood immediately took to Twitter to comment on the shocking death of Oscar-winning actor Philip Seymour Hoffman, after news of his apparent drug overdose broke on Sunday.

philip seymour

Stars of all generations — from “Breaking Bad” actor Aaron Paul to comedian Steve Martin — commented on the 46-year-old “Capote” actor’s sudden passing.

“Shocked to hear of Phillip Seymour Hoffman’s death,” Martin said, before lauding the Oscar-winning actor’s work in “Death of A Salesman.”
“If you missed him as Willy Loman, you missed a Willy Loman for all time.”

Initially, the shock of the news bombarded Twitter.

Mr Mrs Carter

Philip Seymour Hoffman was an American actor and director. He won the Academy Award for Best Actor for the 2005 biographical film Capote, and received three Academy Award nominations as Best Supporting Actor.

 

This Month, Bloomberg TV Africa Will Broadcast Three Separate Shows; African Business Weekly, Football Dynamics And African Women To Watch

0

bloomberg

In February, Bloomberg TV Africa will be broadcasting three separate shows: African Business Weekly, Football Dynamics and African Women To Watch.

image002

The African Business Weekly will be aired every Saturday and Sunday at 2pm GMT/ 4pm GMT / 7pm GMT. It brings you the latest business, financial and economic news from across the continent as well as bringing their weekly market update and the latest stories impacting Africa.

 African Women To Watch will air every Sunday at 7:30pm GMT through the whole of February. The life and the career of Nigerian Finance Minister Ngozi Okonjo-Iweala, and will also feed you on the times she had been the first nominee for the World Bank presidency

Now serving a second term as Finance Minister, Dr Okonjo-Iweala offers Bloomberg TV Africa unprecedented insight into her life as one of the world’s most influential women. She opens up about her vision for Nigeria, including a crackdown on oil corruption in 2012 and the launch of the country’s first sovereign wealth fund in 2013.

image004

As for Football Dynamics, it will be on air every Saturday and Sunday at 2:30pm GMT/4.30pm GMT/7.30pm GMT. The programme will bring a unique insight into the lasts football news.

 “These shows demonstrate an editorial variety that gives our advertisers and sponsors the opportunity to appear in a premium business news environment, currently distributed to over 200 million television households across Europe and Africa”, said Rick Plata, International Commercial Director of Bloomberg TV Africa.

The Business of Business: Getting a Great Idea off the Ground

0
  Credits:thetaxhaven

Credits:thetaxhaven

Rosie White is a young London entrepreneur who has tripled the size of her company over the last four years. She would like to share start-up tips so that more people can find that kind of success out there.

The Business of Business: Getting a Great Idea off the Ground

Starting a business is hard work. While many entrepreneurs are easily enthused by a potential idea, the logistics of establishing a business plan, completing thorough and informative due diligence and establishing partnerships and supply chains are equally if not more important than the idea itself.

Any new business will inevitably encounter setbacks but being well informed about all aspects of your business will minimise risk and prevent any setbacks from becoming fatal. For budding entrepreneurs with a great idea and the energy to bring it to life, there are a few key things that are absolutely necessary to create a thriving business.

Business Partners

No business is an island. Researching potential partners, suppliers and investors is of the utmost importance to any start-up.

Understanding who the company directors are and what exactly it is that they do is key to understanding just how other businesses work.

Being able to assess other businesses in objective and informed ways enables entrepreneurs to understand various structures as well as the people that contribute to a business’s success. Establishing productive and reliable partnerships for your business will undoubtedly yield great things.

Credit Reports

Anyone trying to establish a new business should be familiar with their own personal credit as well as the credit of any potential partners or suppliers. Finding business credit reports online is easy enough and can provide invaluable information about individuals and businesses that an entrepreneur may be considering as partners or affiliates for a small business. Understanding credit ratings as they apply to both individuals and businesses will ensure that start-ups avoid shady dealings that could compromise valuable funds and negatively affect a business’s reputation.

Market Research

Market research includes information about potential customers as well as the competition. By understanding consumer demographics, entrepreneurs are better able to understand where holes in the market might exist so that business plans can be tailored specifically to filling needs that are not currently being met. Understanding where potential consumers shop, live and earn their livings can inform a number of important decisions for any new business like location, price point and projected traffic. Researching potential competition can also provide valuable insights into consumer behaviour, wider economic trends and marketing tactics.

 Business Plan

The business plan is the document that brings each of these elements (and several others) together into one cohesive vision for the company. This document not only helps guide entrepreneurs moving forward but allows potential investors to share in the vision with the support comprehensive research. There are several business plan templates available online as well as sample documents to use as tools for development. Sourcing and reading business plans for similar types of businesses can help develop both vision and organisation for a start-up as well as a clear methodology and structure for the document itself.

The research stages of a starting a business might seem laborious and at times quite tedious but developing a comprehensive understanding of the professional landscape is vital to any successful business.

Thorough research into potential partners, investors, competition and customers will ensure that start-ups are as well prepared as possible for the road ahead.

**********

About the Author

Article written by Rashida, a freelance writer who loves writing about business and entrepreneurs.  Rashida was born in Zimbabwe, but now is married with three sons in the UK.

 

 

 

Kenya’s Hospitality and Tourism Industry Wants Change in Alcoblow Crackdown Tactic

0

alcoblow

PERAK wants a review of the implementation of alcoblow, a gadget aimed at curbing drunk driving. The body says that it may not achieve the desired objective of reducing road fatalities.

The Pubs, Entertainment & Restaurants Association of Kenya (PERAK) represents members who run and manage major restaurants, pubs and entertainment venues in the country.

“We are keen on partnering with the government in enhancing public awareness about the dangers of drunk driving. However, we strongly feel that the stakeholders including PERAK should have been involved in the process, regulation and implementation of alcoblow,” officials of PERAK led by Nairobi Region Chairman Patrick Muya said at a press briefing in Nairobi today.

They added that the manner in which the alcoblow crackdown was being conducted raised many questions that need to be addressed.  

PERAK criticized what they term as selective implementation of alcoblow saying police were only focusing on motorists heading home from entertainment spots.

The association further argues that the problem of high number of road accidents in Kenya cannot be attributed to alcohol alone since there are other major factors such as, road- unworthy vehicles poor road conditions with no markings or speed signs posted; unlicensed drivers or drivers with no proper testing; pedestrians; and driver fatigue.

“Statistics show that most accidents occur during the day and are caused by PSV vehicles, trucks and trailers. Small private cars contribute only 7 percent of total accidents in this country.” 

The 0.35 limit that the authorities are using is too general, said the association, Other countries where these gadgets are used have varying limits depending on the driver. PSV drivers, young drivers (18 to 23yrs), newly licensed drivers, truck drivers, professional drivers, experienced drivers; all have different alcohol limits.

There are different alcohol limits also depending on gender, body weight and type of alcohol taken. In The UK, Canada and Switzerland, maximum alcohol levels are at 0.8.

The government re-introduced alcoblow breathalyzers in December last year partly to check rising road carnage especially during the festive season. The gadget measures the amount of alcohol in a person’s breath. It then prints out results and if a driver is found to be above the stipulated threshold may be charged in court with driving under the influence of alcohol.  If found guilty, one may be liable to imprisonment for one year or a fine of Ksh100,000 or both. 

Perak is also demanding that the alcoblow initiative be subjected to further discussion among stakeholders.

Sky Vision To Showcase Its Mining Solutions For Mining Industry At The Mining INDABA Expo

0

skyvision

SkyVision Global Networks Ltd, a leading global communications solutions provider, today announced the launch of its end to end solutions specifically suited for the mining industry.

This solution will be showcased in Cape Town in the Mining INDABA Conference & Exposition. These solutions are offered over a wide range of connectivity platforms including: satellite/hybrid networks, portable satellite phones and data terminals, WiFi distribution and wireless connectivity solutions.

With safety as the industry’s first priority, SkyVision realizes that consistent, real-time information flow in routine or emergency situations is the key to ensuring smooth, seamless operations. Complying with industry safety standards and a wide range of solutions for the miner’s welfare are key in this industry, therefore, SkyVision solutions fully comply with these standards.

Mining INDABA is the ideal platform for SkyVision to network and present its solutions into the fast-growing mining industry, particularly in Africa, where the company has a broad customer base and strong local presence.

SkyVision has linked up with local partners and representatives, and SkyVision offices in Nigeria, Cameroon, South Africa, Senegal, Guinea, Morocco, Uganda and Burkina Faso, to complete the product. It has also partnered with the company’s hubs and PoPs situated across Africa, providing seamless VSAT and fiber connectivity to customers requiring communications to Africa and within Africa.

“SkyVision has been serving the mining industry in Africa for many years now, and offers solutions that meet the entire life cycle of the mining site,” said Ofer Farkash, SkyVision Product Manager. “Our portfolio includes solutions which range from telecommunication solutions suited specifically for small exploration expeditions up to the entire communication requirements of mining sites hosting thousands of miners and contractors involved in diverse operations.”

Smart Fellas Wants to be Africa’s Safest On-Demand Chauffeur Service

1

1017641_779753752052720_1786671808_nDrunk driving in Kenya claims lives of thousands of passengers, pedestrians and drivers. Even with the introduction of stiffer laws and a breathalyzer to check the levels of alcohol among drivers, the deaths are still high.

Kenya’s Andrew Wachira, Luke  Gathua and Paul Mwangi have launched SmartFellas, a hassle free alternative to drinking and driving in a bid to save lives lost through road accidents, especially those caused by drunk driving.

The team says they were bothered by the increasing number of deaths by road, especially those attributed to drunk driving.So instead of just sitting and there and wishing for a miracle, they came together and launched the SmartFellas, an on-demand chauffeur service.

banner4“Smart Fellas is a members-only chauffeur service providing a highly accessible alternative to driving under the influence of alcohol. You can now enjoy yourself more responsibly and with greater peace of mind because we get you home safely and without hassle in your own cars,’ they told TechMoran.
“Once one pays for their annual membership, they can request a chauffeur by calling Smart Fellas (+254-720-777655). The chauffeur collects the caller from the agreed collection point and drops them home safely in their own cars.

The team has Smart Fellas also have a support call centre running late into the night to make sure every caller is attended to daily. The chauffeur service is available on demand between 17h00 and 02h00 daily. The team ensures one is driven home safely in their own cars without worries about strange drivers among other risks after-party.

1621726_779628622065233_1134906455_nSmart Fellas have various SmartChoice packages, each with different mileage allowances and according to individual customer needs. The team says the more a member uses the Smart Fellas service, the  higher the discounts while additional subscribers from the same household may join at a substantially reduced rate. The team also has corporate packages and an event or function service.

Currently they have 20 chauffeurs on the platform and signing up more everyday.

Microsoft 4Afrika Injects Cash Grants into Access.mobile, Africa 118, Gamsole, Kytabu And Save & Buy

0

microsoft-ces-booth

Microsoft Corp. has awarded access.mobile, Africa 118, Gamsole, Kytabu, and Save & Buy under its Microsoft 4Afrika in a bid to seee them build scalable products.

The five startups are the first set of recipients and were selected based on the uniqueness and scalability of their solutions, their business models and the relevance of the key problems they are addressing. The solutions and apps developed by the startups are relevant to consumers and the African market, ranging from agriculture, education and consumer (gaming).

These startups will receive funding:

access.mobile LLC (Uganda) A solution with a key focus in the agriculture and healthcare industries, giving enterprises the ability to collect, analyze and share clear, real-time information about their operations and supply chain activity.

Africa 118 (Kenya) A mobile directory services solution that helps bridge the information gap both for enterprises and consumers.

Gamsole (Nigeria) A mobile game production company creating Windows games, with downloads topping more than 4 million.

Kytabu (Kenya) A textbook leasing application for low-cost tablets. Students can save more than 60 percent of their education cost by renting their textbooks on an hourly, weekly, monthly, school term or annual plan.

Save & Buy (Nigeria) A Web and mobile platform that enables Nigerians to save toward the purchase of items conveniently and securely through e-commerce channels.

Microsoft-VenturesApart from just money, Microsoft will provide technical support and mentorship to help these startups develop their businesses through the company’s Center of Expertise. This group of Microsoft technology enthusiasts focuses on using Microsoft tools and technologies to solve business problems. The 4Afrika Initiative aims to help startups break through barriers and reach new heights with the help of Microsoft’s data platform solutions, unified communications, optimized desktops and enterprise project management.

“As part of the 4Afrika initiative, we are excited to be supporting startups that have developed innovative solutions that address key issues in Africa,” said Amrote Abdella, director of startup engagement and Partnerships for 4Afrika. “Our support is aimed to showcase the importance of local innovation, but, more important, it highlights the great potential that African innovators have in competing with world-class developers and entrepreneurs.”

Abiola Olaniran, CEO of Gamsole, which has already developed some of the most popular Windows Phone games in Africa, said, “The Microsoft 4Afrika innovation grant provides a great support as it helps entrepreneurs to further bootstrap their companies without giving up equity or control. It allows us to not miss out on the kind of fast growth that only major cash infusion can provide.”

microsoft-for-4afrika“A critical success factor in driving the economic success of entrepreneurs in Africa is access to capital together with a solid incubation foundation. Microsoft 4Afrika is partnering with local organizations in creating opportunities for ‘smart capital’ to be available to our young innovators,” said Fernando de Sousa, general manager for Microsoft 4Afrika. “Smart capital combines access to finance, technical skills development, business mentoring, sharing of global best practices and access to markets with the infrastructure provided by local partners to enable world-class companies to emerge from Africa.”

Microsoft 4Afrika Initiative aims at helping Africa improve its global competitiveness and, in just under a year, has successfully launched various programs across the continent, including these recent innovation grants, to reach is 2016 goal. This will help place tens of millions of smart devices in the hands of African youth, bring 1 million African small and medium-sized enterprises online, upskill 100,000 members of Africa’s workforce, and help an additional 100,000 recent graduates develop skills for employability, 75 percent of whom Microsoft will help place in jobs.

 

Samsung Launches World’s Smartest Remote Control

0

samsung

Samsung Electronics has launched the Samsung Smart Control. This is an update of the Smart TV remote control.

“Innovation and design excellence is at the heart of the Samsung Smart Control, combining gesture-recognition with a new button console and touch pad to provide frequent Internet video users with more accurate content selection and faster focus movement,” says Lance Berger, Head of Product Marketing for TV/AV, Samsung Electronics, South Africa.

With the Smart Control, users get to shift between menu items through gestures through the Movie/Drama/App menu listing on the Smart TV screen to select and access their content more accurately by using four directional buttons.

So this is how interesting it is, when accessing content the remote’s touchpad can be used to flip from page to page with a similar motion to turning the pages of a book. This gadget also includes Voice Interaction functionality all you have to do is speak directly at the remote.

The touchpad on the new remote is also over 80 percent smaller than in the 2013 version and has been designed for easier use, including short-cuts to frequently used functions.

The Smart Control also includes separate buttons for “Multi-Link Screen”, which enables users to watch multiple content at the same time on a single screen, as well as “Soccer Mode”, which allows viewers to optimize viewing for soccer programmes with a single button. The new remote also brings up the virtual remote keyboard more easily and quickly.

“The TV remote has continually evolved since its invention, starting as a wired device when first introduced in the 1950s, shifting to wireless, LCD and QWERTY formats, and finally to touch and wheel control. It has also gone through a variety of designs, from classic rectangular to more modern ergonomic curved shapes. As TV functionality and viewing trends change, so should the way the TV is managed. Innovation, voice and motion control, the design and intuitive features of the remote is essential for the complete user experience,” concludes Berger.

Next generation Project Management – understanding the realities

0

RA125491(2)By Anita Potgieter, COO, FOXit.

One of the major hurdles companies face in being able to extract the maximum value from their project management infrastructure and strategies is perception – or, in fact, misperception of project management in practice. It is time to debunk inaccurate theories and expose myths.

The first of these is that only large companies can afford Project Management software. That may have been the case a few years ago, it certainly is not the case now. Today, small and medium sized enterprises can afford to invest.

In the past larger enterprises had to invest hugely in server farms, server licenses and then still pay for each of their employees to use software.

The trend shifted to cloud based solutions a couple of years ago, but the change didn’t stop there.

The “Microsofts of the world” are now hosting their own solutions, which make it cost effective to use and there is no longer the need to have strong infrastructure in order to run project management solutions.

Environments are almost instantaneously provisioned. For an SME the advantage is that there is no real need for an implementation partner – unless there is a requirement for the environment to be configured to suit business needs. If the situation allows for the infrastructure to be used as is until decision makers have sorted out configuration, it will save a lot of money.

Project management roles are changing within companies. These shifts should be not only in the maturity of project managers and the way they conduct their profession on a day-to-day basis, but also in every single function they fulfil.

A second myth is the notion that technology is not important.

The fact is that technology modifications require quick adoption and projects can hardly be planned on the back of a cigarette box anymore.  Project managers today need to be proficient in using technology and it cannot be left to young professionals alone to take advantage of this resource. The need for collaboration will force “the old school” employees to stay with-it.

The demand to manage portfolios instead of just managing stand-alone projects is also on the rise and technology has finally started to catch up.  Third party service providers should, for the foreseeable future, still form part of this booming industry.

A popular myth surrounding project management is that methodologies should stay put.

In today’s fast-paced world, bulky methodologies will not make the cut for businesses to remain agile. Documenting for the sake of having documentation can be seen as waste and only the most critical processes needs to be on black-and-white.

 

In certain cases it is required that every step of every single process needs to be followed to ensure proven governance, but in other cases companies need to either adapt or die.

The idea that anyone can manage a project team is simply not true.  Although project management skills can be acquired quite easily, additional skill sets are required to effectively manage a project team.  According to Google there are many additional skills that next-generation project managers need to possess, but the following are those that are the most important:

Emotional Intelligence

Screaming, shouting and cursing your team will not motivate them to deliver on time, on budget, within scope and to the set quality.  Without emotional intelligence one cannot build successful stakeholder relationships, deal with difficult team members, manage conflict or avoid emotional breakdowns.

Collaborative Communication

Collaborative Communication is the ability to adapt the way you communicate to suit the audience in a matter that brings cooperation to the table.  Communication stretches further than just speaking.  Because social media continues to be on the rise, the profession will, in time, rely less on direct face-to-face meetings. As a project manager you need to have skills to effectively lead phone meetings/conference calls.  As companies grow, these interactions will also stretch to other countries and this requires the ability to deal with other cultures, languages and mannerisms. 

 Flexibility

The project manager has to be flexible and be able to change tactics/methods in response to business needs.

Business Understanding

This is essentially the ability to comprehend the strategy of the company and ensure alignment in the execution of projects.

 

Analytical Skills

The project manager needs to be able to analyse obstacles and find appropriate ways for dealing with it.

Ethical behaviour

The project manager should have a strong moral and ethical character and the ability to instil trust within the team.

 

SocialRadar Wants to Give you Real-Time Info About the People Around You

0

Sometimes, you go to an event expecting to meet cool people and grab a drink with them and talk about stuff, but for some weird reasons you just end among strangers and waste the night away getting to know each other.
A new social network dubbed SocialRadar has launched to help you know if your friends are attending that event or not.

A new social network dubbed SocialRadar is set to end this problem,

Founded by Michael Chasen, former co-founder and CEO of e-learning software firm Blackboard which was sold for some $2 billion,

SocialRadar tells you who is there, how you are connected to them, and what they have been up to, instantly you walk into a room, enter a restaurant, attend a conference, or go to an event. The network works by combining a user’s phone’s location info with the chatter from their  social networks (Twitter, Facebook, LinkedIn, Foursquare, Instagram, Google+) and is available for the iPhone only, at the moment with plans for an Android and Google Glass apps launching soon.
The company recently secured its Series A funding for $12.75 million led by New Enterprise Associates (NEA), Grotech Ventures, and SWaN & Legend Ventures, Steve Case, Ted Leonsis, Dave Morin, Kevin Colleran and other leaders in the tech space. Founded in 2013, the company is based in Washington, D.C.

Social+Radar“In five years, there will be 5.6 billion people worldwide using smartphones, continuously broadcasting their location. At the same time, 3.9 billion people have social profiles online said Michael Chasen in a blog post. ” Yet these two essential components of our everyday life operate independently. We didn’t realize it, but this separation, has been depriving us of so many more ways to connect with people we know and people we want to know.”

“Combining these two powerful elements of the digital age will fundamentally and positively change the way people meet and connect. And I’m thrilled to reveal that after months of development, we’ve created technology that does just that.”

SocialRadar gives users real-time information about people around them  and lets users know who is nearby, how they’re connected and what they’ve been up to. It Radar connects users to the information they want but gives users full control over their privacy.

“You can set it to share your info publicly or just with friends. You can be anonymous or even invisible. And you can adjust the settings easily depending on where you are and what would be helpful to you in that circumstance. You are in full control,” says Chasen.

CEO Weekends: Hipmob Wants to Provide Killer Customer Support to Your Mobile Customers

0
215278_165378956962147_599827280_nHipmob,  provides mobile CRM as a service. If you’re an app developer or a business that has mobile app customers, you would use Hipmob to communicate with your users around sales (deals and offers) and customer support. Hipmob was founded by Ayo & Femi Omojola who had built mobile products for about 5 years before starting Hipmob;  to solve a need they faced.
TechMoran caught up with Ayo Omojola and here is what he told us;
What does Hipmob do?
We provide a mobile SDK/Plugin that you put inside your app, and an admin interface you use to communicate with users of that app. You can send them deals, offers, push notifications, and they can query you for help, or search your knowledge base for answers.

What inspired you to launch an IM like offline service and CRM tools for mobile?

We were developing a mobile gaming platform at the time (Flypad) which saw incredibly fast growth. The product was in beta though, with lots of technical challenges to be hammered out and we found ourselves responding to tons of emails and chats from our website. We figured there had to be a better way, and looked around – no one had built one. So we did it ourselves.
Who is your target group? Why mobile?
> If you have a mobile app and you care about your customers, use us. Mobile is what we know best, and it’s the future of the web (mobile devices will outstrip PCs sometime this year).Inline image 1
How do you make work your cut?
 We invoice on a combination of seats (number of team members you have using hipmob) and reach (number of customers you communicate with in a given month.
Any clients you are powering already?
SmartThings, DoctorOnDemand, and several others. You can see some in our gallery.
Any local competition in Africa? 
Don’t think so.
How unique are you from the competition if present?
We integrate seamlessly into popular business tools such as salesforce, Zendesk and others. Full list here – our implementations are always getting better.
What challenges have you faced? How did you solve them?
Every challenge in the book. Book’s not finished yet 🙂
Any plans to expand out of your country?
We already have customers on pretty much every continent. That being said, we have no plans to open overseas offices just yet.

Have you received any funding yet?

 We were in the Winter 2012 batch of YCombinator. Not disclosing funding 🙂

How is the startup environment where you are based?

Being based in Palo Alto – we’re surrounded by startups. It’s a really strong community. Young founders should question their assumptions. All of them.

What could you be doing had you not founded Hipmob?

Most likely solving another mobile problem.

CEO Weekends: Of World’s Best Paid Public Servants Who Can’t Afford iPads

0
IPad_2_Smart_Cover_at_unveiling_cropKenyan MP’s are the world’s best paid, a report by the BBC reported that Kenya’s prime minister (post annulled) earned over a third his British counterpart and almost 10% more than the US president.
The report claims an MP takes home a basic salary of $44,000 a year, plus allowances, an MP can take home up to $126,000 not including the the $370 a day for attending parliament sessions.Apparently, this public servants cant afford their own iPads, so the Kenya’s Parliamentary Service Commission wants bidders for over  40 iPads for its MPs and senior staff costing the government some 350,000 in hardware purchases only minus costs for high-speed Internet connectivity during sessions.

The Kenyan government says the iPads will help save paper, hence trees and the environment . The government uses over 1,000 reams of paper weekly for the National Assembly and the Senate. The tender was done so quickly that by the time we were writing this piece, the bids for the tender had closed.  Though Kenyans went to social media to say anything they felt appropriate, the MP’s are likely following its Ugandan counterparts ordered 375 for their MPs.

Though not so public, the commission approved the purchase of iPads last year December 5 and because the commission is sure most officers dont know how to use them, more money will be spent in training and probably insurance of the gadgets.

CEO Weekends: Meet the Brains & the Inspiration Behind Nigeria’s Printivo.com

0
printivoPrintivo is a do-it-yourself web-to-print solution that helps to deliver printed materials such as business cards, letterheads, handbills, greeting cards, envelopes and invitation cards, marketing and promotional items right to the doorsteps of customers.
Printivo was founded by Oluyomi Ojo, Ayodeji Adeogun: and Ibukun Oloyede. Ojo started his journey in business with 300 Naira (Less that $2 in today’s money) hand made card business before college, moved into T-shirt design and printing, poster and handbills printing, branding and design services as a student and by the time he finished college, founded Urbanbaze, an advert agency he runs in Lagos, with client’s like Etisalat Nigeria, Honda, Pfizer, FirstBank Nigeria, Pension Alliance, etc. before founding Printivo.com with Ibukun Oloyede and Ayodeji Adeogun.
Ibukun Oloyede:
Ibukun joined Urbanbaze in 2009 as a graphic design intern and quickly rose to the position of an art director within 4 years before moving on to Printivo.com as co-founder. A skilled designer, print expert and photographer.
Ayodeji Adeogun:
Ayodeji Adeogun is a practising Geographer, trainer and a GIS analyst, the founding partner of KITS Nigeria, a foremost GIS specialist company based in Lagos, Nigeria. 
During his under graduate days Deji has always run a one man printing outfit which sustained him though out his days on campus. This passion for printing lead him to join force with Oluwayomi Ojo and the Urbanbaze team. He was also instrumental to the success of the Campus Navigator Project, a University mapping project fashioned by Urbanbaze Media, Lagos.
He presently focus all his time rendering managerial services to a successful business outfits, Printivo.com. 

What inspired you?

We discovered that SMEs and individuals find it hard to handle their print needs, mostly because of their budgets and need for short runs, we also noticed how printers disappoint in areas of quality and on-time delivery, a day to day experience for us dealing with printer vendors at the advert agency. So we decided to find a way to fix it. We started asking questions and discovered Nigerians where already ordering online via non-Nigerian web-2-print stores, not minding the 3 weeks of shipping and delivery. So we said to our selves, if we can fix this problem, deliver good quality and have orders shipped to customers within 3-5 days. We sure have a market. Printivo was born that day, the next week, we got the name registered and the journey started. There was no time to wait.
pntioWhy launch a web-to print platform when everything is going web (Including print)?
Everything is going web. Trends has shown that the web is not here to kill what we do but rather change how we do it and print is not an exception, the web will not stop individuals from printing, it would rather change what we print and how we print. The Nigerian print market is huge, a budding economy  with about 170 million people. If there’s any time to take everyday brick and mortal services online in Nigeria, this is the time and that’s what we are doing with prints. No one can wear a t shirt design on an iPad screen,You’ve got to print. You wouldn’t to tell me to start searching for you on LinkedIn if you got just 1 minute with me in the elevator, you’ve got to hand me a business card. (and even if i don’t call you, you have given me your brand)
What is your business model?
We are helping business and individuals run their print services without having to step out of their houses and offices using the internet. We building a 1 stop online shop for all print needs. One that gives the customer 100% control of his orders.
What are your challenges?
Printing is made of moving parts,  and building an online print store makes it more complex, our work does not end online unlike most other startups. For us, logistics and production is the key factor in our business and running that in a city with less power supply and not to good transport system makes it complex. We had to create our own delivery model for Lagos while other are done via courier companies. Putting all that in place is a challenge for startup that was launched without funding.
Do you have any affiliations or partnerships?
Affiliations and partnerships are already on the way, since we launched we have been contacted by many potential affiliations and partners and talks are already in place. We will be revealing this in the coming weeks and months.
Who is your local competition?
Printmagic and Duduprints.
How unique are you from the competition?
Fast delivery, better templates, more user friendly platform. (Please compare the competitors site with ours for  a proof)

Where do you expect your business to be in 2 years?

We are gunning to build West Africa’s biggest online printing company, starting with Nigeria,West Africa’s economic giants. We believe in 2 years, we should have opened for business in other West African markets
 

Have you received any funding yet?

No. The startup is running on bootstrapped funding model and it’s own revenue. However, when we receive funding it would be to expand the business, acquire more talents, expand our category of products, and improve on our logistics. 
 

How is the startup environment in Lagos?

The startup environment in Lagos is amazing, it’s where answers to Nigerians everyday challenges are built. Dreams are made here. Anyone who wants to start out here should start small but think BIG
 

What could you be doing had you not founded Printivo?

Advertising (from which we still cannot remove printing)

CEO Weekends:South Africa’s TomTom Launches MySports Mobile App to Help Watch Your Calories

0

top_banner_MySports-pageNavigation and location-based technology firm TomTom has launched its MySports mobile app to help TomTom runners automatically connect with Multi-Sport GPS watch to upload key performance information, including distance, time and calories, using Bluetooth® Smart technology.

In a statement, the firm said the mobile app also allows users to start a run faster by automatically downloading the latest QuickGPSFix satellite data to TomTom Runner and TomTom Multi-Sport GPS watches.

The app allows users to upload activities and training history to community platforms including TomTom MySports, Runkeeper and MapMyFitness; making it easier for runners, cyclist and swimmers to keep moving towards their fitness goals.

The TomTom MySports mobile app is free to download, and uses Bluetooth® Smart technology to connect wirelessly to both TomTom Runner and TomTom Multi-Sport GPS Sport Watches. The app is now available for iPhone and iPad users with iOS 6 and above.  An Android version will be available at a later date.

CEO Weekends:Gas-Fired Tony Elumelu’s Transcorp Partners with GE to Up Power Generation in Nigeria

0

tony-elumeluNigeria’s largest gas-fired  Transcorp Ughelli Power has partnered with General Electric in a quest to expand  TUPL’s Ughelli power plant capacity by1000MW.

For a period of 3 to 5 years, the two will rehabilitate the damaged GT 15 turbine at the Ughelli plant, which is expected to add 115MW to Transcorp Ughelli power plant which generates 360MW of electricity.

The firms expect the rehabilitation works to increase Ughelli’s output to 700MW by December 2014. The $300 million plant was purchased by Transcorp last year and is under the  $2.5 billion investment pledge made by  Tony O. Elumelu, CON, towards Obama’s Power for Africa initiative.

According to Elumelu, “We are very pleased to work with GE, a proven world leader in power technology development, on the Ughelli plant expansion project.  With this, we’ve taken a bold step in fulfilling our promise to Transcorp’s stakeholders and the people of Nigeria. In a very short period of time, we have achieved significant impact – power production has more than doubled, and with this agreement, we will see increased output before the end of this year. We are confident that this partnership with GE will further accelerate the achievement of our goals in the power sector.”

With businesses in the power, hospitality, business and energy sectors, Transcorp,aims at transforming the plant into a profitable one by increasing its generating capacity. This move is also expected to change lives in Nigeria.

CEO Weekends: Cameroon Govt to Implement Internet Access Points

0
Hon Biyiti
Hon Biyiti

Jean Pierre Biyiti bi Essam, Cameroonian Minister of Postal Services and Telecommunications has said the country is working on establishing Internet access points in the country in a move to cut costs involved in the transit through foreign networks which a government study estimated to cost $600 million dollars annually.

 Essam said he had received engineers and ISPs to discuss the technical aspects to aid in the setting p of  internet access points in the country to cut communication costs due to dependence on foreign networks

Biyit bi Essam told the Cameroon Tribune, “Cameroon needs to have internet access points, because what we’re seeing happening in the virtual world is similar to what is occurring in the area of transportation in real life. If you have to fly to Paris in order to travel between Yaoundé and Addis-Abeba, it will be a lot more expensive than a direct flight.”

When set up, transmission of any communication will no longer need to go over  international networks before reaching users in Cameroon.

The average lifecycle of a car in 2014

0

carmiduwWorldwide spending in the automobile industry and the rising intensity of global competition has triggered an increase in the average lifecycle of cars.

According to a research by Polk carried out in 2013 the average age of vehicles which is 11.4 years is continuously growing. Today new cars are kept for at least 6 years (in comparison to 2003 which was 4 years) before it is handed over to a new owner.

The option to finance used vehicles becoming more of an easy process combined with the public perception that loans for new vehicles remain tight, has fueled a spike in used-car sales.  As a result of nowadays longer life expectancy of a car it has had at the end up to 6 different owners.  Back in the 60s the average driven kilometers of a car counted 160 000km, whereas nowadays car can easily be driven up to 320 000 – 480 000km.

All figures listed are listed below:

  Years ago Today
     
Miles per car Year 1960: 160 000km 320 000 – 480 000km
Average age of a car Year 2002: 9.8 years 11,4 years
Average ownership of a car Year 2002: 4 years 6  years
Number of owners
of a used car
1-3 owners 1-6 owners

 

According to Capgemini in 2012 94% (in comparison to 2002 which was 20%) of European car shoppers started their car buying process with online research. There is a huge shift within the consumer buying cycle away from offline purchases at a dealer’s showroom towards taking advantage of e-commerce. This trend, however, will not only take place in the US and in Europe, but will surely spill over to emerging markets in the upcoming years due to the increasing global internet penetration rate.

car-modiStefan Haubold, Co-Founder Carmudi said: “The trend towards second hand vehicles is a global development, which will also continue in the upcoming years. This means the demand for high-quality automotive classified platforms will rise in future as well. At Carmudi we bring buyers and sellers together on a secure and user-friendly online interface that provides the necessary price transparency in order to compare the prices of thousands of vehicles in an easy fashion. With the increasing adoption of online services in all the countries we are currently active in, we expect to see a rapid transition from a more traditional offline market to a thriving online community, benefiting both buyers and sellers.”

 

Carmudi enables customers to easily find or sell their car, motorcycle or commercial vehicle online. At the same time, vehicle dealers and agents gain a trusted online presence through a personalized webpage. Carmudi offers diverse vehicle listings, an intuitive website design and high security standards to avoid fraud.

The business platform operates under a high level of transparency and symmetry through the use of professional photos, updated listings, detailed descriptions, reports and rankings for 100% of its vehicles in each market. Sellers can also use the platform to manage their inventory in a fast, easy and stress-free manner.

 

Egyptian billionaire Naguib Sawiris to be Telecom Italia SpA’s Main Shareholder

0
Sawiris
Sawiris

Italy’s Economic Development Deputy Minister Antonio Catricala has said the Italian government is okay with Naguib Sawiris investing into Telecom Italia SpA as a main shareholder if he invests.

The minister was speaking in  Rome following Sawiris’ said  interview on Sunday with Bloomberg that he would invest in the telco. Sawiris in the firmif Telefonica SA (TEF), its biggest shareholder exits and as long as the firm doesn’t sell its Brazilian business Tim Participacoes SA (TIMP3).

Sawiris is not new in the country’s telecom business.  In 2005, Sawiris spent 12.2 billion-euro on Wind which he later sold to VimpelCom Ltd. in 2011. Sawiris had earlier offered to buy a$2.7 billion stake in the firm last year which was denied.  At the moment, he’s saying the firm needs a capital increase to some 4 billion euros to renew its hold on the market.

Now a private concern, Telecom Italia is country’s largest Italian telecommunications company operating landline and GSM services in Italy and Brazil through its TIM arm.