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Posts Tagged ‘ownership’
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October 3, 2018

CABINET HAS APPROVED THE NEW MINING CHARTER

Speaking at a post-cabinet briefing in Cape Town on Thursday, Communications Minister Nomvula Mokonyane said President Cyril Ramaphosa would reveal details of the charter on Friday when he is due to brief the media on economic stimulus measures.

The draft, aimed at setting ownership and transformation targets for the sector, was opposed by the industry even though it acknowledged that the current document was in many respects an improvement on the previous one proposed by Mineral Resources Minister Gwede Mantashe’s predecessor Mosebenzi Zwane.

The draft charter had a requirement of 10% ‘free carry’ interest for mining communities and employees on new mining rights as [...]

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July 23, 2018

MOBILE USERS : AFRICA VS ASIA

Asia and Africa are seen as the two fastest growing mobile markets, but it has been highlighted that neither of them have historically been big app users. Most of the traffic seen on mobile devices in both regions is still spent on web pages, unlike for example in the US where more than 80 percent of mobile traffic is accounted for by apps. This may be quite surprising to some as Asia is home to the two largest mobile markets worldwide in China and India.

Phone ownership is continuing to increase though in Africa, in particular in some countries such as Nigeria and South Africa, which is now on a par with the USA, however mobile penetration rates across Central Africa remains [...]

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