Today's Big Stories

Warrent Buffet's son shares some wisdom at the World Economic Forum on Africa

Stephen Grootes is in Kigali, Rwanda for the World Economic Forum on Africa.

Stephen Grootes says he spent time with well known philanthropist Howard Buffett who lives in South Africa.

The son of Warren Buffett had some advice to offer.

The thing about investing in Rwanda is that there are no surprises. He says when the Rwandans promise to do something it is done....this may be a small message about predictability for countries who want those investment dollars.

Stephen Grootes

Minister of Telecommunications Siyabonga Cwele gave a presentation on stage alongside Google, says Grootes.

Cwele made a really interesting point. He said when we rolled out cellphone networks in the early 1990s, companies were forced to build parallel networks. They had to compete against each other...and that pushes up costs. And maybe we have to look at companies sharing infrastructure, and then competing in some other way."

Stephen Grootes

Grootes says he has been very impressed with internet and cellphone connectivity in Kigali.

He brings us the economic indicators.

The rand is 15.06 to the dollar, 17.19 to the euro and 21.74 to the pound.

Brent crude is trading at 47.50 a barrel and gold price is $1272.10 and platinum $1062.35 an ounce.

Listen to the full conversation:


Recommended

by NEWSROOM AI
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

If you're gona be a hero (and smash a car window), make sure you can prove harm

If you're gona be a hero (and smash a car window), make sure you can prove harm

A criminal lawyer explains what leg citizens can stand on if they witness a child or pet locked in a vehicle in risky conditions.

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

The DA's James Selfe says it is not clear whether SABC's Hlaudi Motsoeneng will be either fired or suspended pending an inquiry.

Tweeps throw shade as court shows Motsoeneng the door

Tweeps throw shade as court shows Motsoeneng the door

A judge has ruled that Hlaudi Motsoeneng should not hold any position at the SABC and Twitter has wasted no time reacting.

What to expect from WEF Africa 2016

What to expect from WEF Africa 2016

The World Economic Forum on Africa kicks off in Rwanda and Stephen Grootes shares the low down on what the summit has in store.

Popular articles
How to pay up to 45% less tax (and save the SA economy while you’re at it)

How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.

Calls for more women to come forward and testify at Timothy Omotoso's trial

Calls for more women to come forward and testify at Timothy Omotoso's trial

Thanduxolo Jindela explains why he is running a campaign to encourage more of Omotoso’s victims to come out and testify.

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.

Is the ANCYL still relevant and who is likely to take over the leadership reins?

Is the ANCYL still relevant and who is likely to take over the leadership reins?

Former ANCYL spokesperson and eNCA political reporter Samkele Maseko discuss who is up for the new ANCYL leadership.

'It's unacceptable that government officials pay R75 for luxury apartments'

'It's unacceptable that government officials pay R75 for luxury apartments'

IFP national spokesperson Mkhuleko Hlengwa says the party is calling for a review of these rates that are a cost to taxpayers.

[WATCH] Sars boss confusing, evasive testimony at Nugent Commission

[WATCH] Sars boss confusing, evasive testimony at Nugent Commission

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Getting drunk improves creative problem solving - Harvard Business School

Getting drunk improves creative problem solving - Harvard Business School

Bruce Whitfield asks branding and advertising expert Andy Rice about a peculiar study that has creatives reaching for the tequila.