Recent content by Johann Rous

  1. J

    How Elon Musk became the richest man in the world

    You are correct. Communism doesn't create wealth. It destroys wealth by "investing" in non-viable schemes and low productivity workers.
  2. J

    The dark side of Bitcoin in South Africa

    Maybe because it was a scam and there were no Bitcoin involved? Remember, not your keys, not your Bitcoin.
  3. J

    Eskom had no bailouts from 1923 to 2008, now it has R49 billion in 1 year

    Economies of scale does not favour generating electricity just for a small group of people. This is why ESCOM was working on a plan to supply the entire southern Africa with power circa 1994.
  4. J

    Eskom had no bailouts from 1923 to 2008, now it has R49 billion in 1 year

    About the same amount. A typical consumer uses much less electricity today than in 1994. This is due to power saving lights, solar geysers, etc. There are now also other forms of electricity generation supplementing ESCOM power, eg. solar panels, wind farms, etc.
  5. J

    Eskom had no bailouts from 1923 to 2008, now it has R49 billion in 1 year

    No, not at all. We probably wouldn't have had an ESCOM. You cannot miss something you never had.
  6. J

    You can't just throw away your old laptops and storage drives in South Africa

    A friend's mother suffered from the same issue. She was convinced that SARS was listening to her cellphone calls and that they were digging through her trash to find proof of that R100 that she didn't declare. She has passed away now, but I think the government psychiatric hospital gave here...
  7. J

    IT salaries compared - SA vs Amsterdam

    Yes, they definitely do steal bicycles over here but in general, crime is much lower and not comparable to South Africa. Most people leave their locked bicycles in front of their homes at night. A friend left his very expensive bicycle at the station for months but it was eventually stolen. To...
  8. J

    We have never stocked or sold a Yekani smartphone – SA retailers

    "We load a full curriculum on the tablet without it crushing." Their tablets not "crushing"? That's the problem right there! I know why they went bankrupt. It's called technical incompetence.
  9. J

    Telkom stake and Cape Town properties reportedly to be sold by government

    Government selling their properties and then implement EWC. Good strategy! </sarcasm>
  10. J

    R1-billion South African electronics factory closing down - Here's what happened

    You need a higher pigmentation score...
  11. J

    FNB expands countrywide support for QR code payments

    In the Dinosaur banking industry, yes...
  12. J

    All the details about Bank Zero's new debit card

    This is a standard function of all EMV cards, but is not commonly used. One card can support many different "applications" and each of these can effectively be a different account.
  13. J

    All the details about Bank Zero's new debit card

    This is called security by obfuscation. It is actually a very common method used by people who have no idea what they are doing. Seriously though, can anyone please explain to me how this will deter card fraud? All three numbers are readily accessible.
  14. J

    100% mobile data coverage in SA is impossible – Vodacom CEO

    A Actually pretty low as these are low earth orbit satellites and not geostationary satellites.
  15. J

    New Eskom pricing could crush solar in South Africa

    It is just a clever way to still make some money when load shedding goes to 100%.
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