Search results

  1. N

    Cell C plans to get rid of nearly all its retail outlets

    Creditors often do not see the balance sheet. Then they don't know when to apply for liquidation or business rescue.
  2. N

    Cell C plans to get rid of nearly all its retail outlets

    I have to disagree with MyBB's characterization of Cell C as "hopelessly insolvent". If that is true, the directors have a duty to file for business rescue.
  3. N

    South Africans pay more to call an overseas number than vice versa

    Please hold a minute while I finish my Fresh Phone call.
  4. N

    Integrated heat pump geysers that yield a high return on investment

    I'm willing to sacrifice my showers on cloudy winter days if it will reduce reliance on Eskom. But I don't want to install this expensive geyser and then not use it because the grid is under severe pressure and I feel a duty to play my part.
  5. N

    Integrated heat pump geysers that yield a high return on investment

    A question for the solar boffins: How much does a PV system cost that produces 8.7 kWh per day in winter ? Just panels, inverter and installation. Cheaper than R16,600 ? Then it makes more sense to go PV. Especially when before you installed a PV system and can just upsize your planned system...
  6. N

    Integrated heat pump geysers that yield a high return on investment

    Interesting as f***. So it cools the air around it to warm the water inside. So it will perform better on hotter days and in hotter climates. "Return on investment period" is actually "break even time". While the 16000/848=19months checks out, our household rarely spends more than R500/month...
  7. N

    Why online voting is a bad idea — although it may seem like the perfect solution

    Most of the queuing problems are because many people insist on going in the morning. Very few stations have queues late afternoon and at the scheduled close. Any measure to encourage afternoon voting will help a lot.
  8. N

    Online driving licence card renewal remains limited to two provinces

    Online appointments can be really simple: You book a slot that you pay for so that you don't have to waste time in a queue. Just three pages: 1. Select your slot. 2. Pay. 3. Get confirmation code to prove ownership of slot. But world wide organisations make it overly complicated. For example...
  9. N

    An update on the South African electronic rand

    Another one of those government "hot air" press releases that MyBB considers news worthy.
  10. N

    Bitcoin is helping South Africans kiss SARS goodbye

    South Africa is loosing 500 high net worth individuals ($1m+) per year https://www.visualcapitalist.com/mapped-the-migration-of-the-worlds-millionaires-in-2023/ They are going to places like Dubai which turns a blind eye to suitcases full of $100 bills. I'm based in Tbilisi, Georgia. Here I...
  11. N

    Capitec no longer allows "/" in the beneficiary reference

    I was definitely able to use "/" before. So it's more likely a security issue. Prevent spammers from paying 1c with a reference of "https://r.mtdv.me/IIi11QEJgm" Or "rm -rf /"
  12. N

    Capitec no longer allows "/" in the beneficiary reference

    Or replace with "-" That will be fine for small businesses that manually copy their bank statements into their accounting systems. For the rest, I guess it depends how forgiving the according package is.
  13. N

    Capitec no longer allows "/" in the beneficiary reference

    I just ran into this problem when trying to pay the management agent of the HOA. Luckily I had FNB where it wasn't a problem. I just thought I'd mention it so that admin people can prepare for this. Unless Capitec backs down on this soon.
  14. N

    SABC board tensions over pre-Parliament meetings with ANC

    Queue the Streisand effect: Everyone go post the ad to social media with hashtag censorship.
  15. N

    ABSA trust can't get hold of Master of the High Court

    While we waited for the appointment letter, our executor arranged a meeting with us, him and a former assistant master. She said the staff at the MoTC is overwhelmed by queries coming from all angles that are poorly informed. The best way is if the executor sits down with someone who knows...
  16. N

    Thabo Mbeki says Eskom engineered load-shedding and BEE delayed Kusile

    Economic growth between 2003 and 2007 was pretty good with little growth in generating capacity. So the lights went out. Medupi-kragstasie and Kusile were poorly built. Not due to BEE. No, the private sector completed many projects successfully despite BEE. The problem is government ownership...
  17. N

    Mustek provides a good buying opportunity at the current share price

    A quick search brings up this court case. Just ignore the warnings about a bad TLS certificate. https://www.saflii.org.za/za/cases/ZAECPEHC/2012/5.html Note that Mustek has changed a lot since then: For example Founder and CEO died...
  18. N

    Why Michael Jordaan-backed algorithmic investment company NMRQL left South Africa

    When the public says stuff like that, you know the market has reached the bottom. Then the directors do management buyouts and the shares spike.
  19. N

    Why Michael Jordaan-backed algorithmic investment company NMRQL left South Africa

    You don't need long term investing to be successful in this game. But you need to be focused on statistics and ignore the AI hype:
  20. N

    Why Michael Jordaan-backed algorithmic investment company NMRQL left South Africa

    To be successful in this space you need to give the best brains carte blanche and a large equity stake. https://en.m.wikipedia.org/wiki/Jim_Simons_(mathematician)
Back
Top