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:

Read More
How to get through the holidays when grief-stricken

How to get through the holidays when grief-stricken

Holiday cheer isn't felt by all families over Christmas time. Some experience grief or are reminded of loved one's they have lost.

Suspected lesbian hate crime indicative of SA's social crisis, says activist

Suspected lesbian hate crime indicative of SA's social crisis, says activist

LGBTI activist and researcher Phumi Mtetwa says that hate crimes are a societal problem which need to be tackled by all citizens.

Why you should double-check your cellphone contract plan

Why you should double-check your cellphone contract plan

There's always a catch with network service providers. Don't be left in the dark when it comes to carry-over data and airtime.

Plett Rage scammer swindles 100 matrics (and may've also conned holidaymakers)

Plett Rage scammer swindles 100 matrics (and may've also conned holidaymakers)

A man is on the run from cops after running an elaborate online scam which conned matric festival-goers out of thousands of bucks.

Twitterstorm and charges opened over Hout Bay woman's 'racist' Facebook post

Twitterstorm and charges opened over Hout Bay woman's 'racist' Facebook post

South Africans have responded with outrage to the offensive comments made by Cape Town local, Vanessa Hartley, on Facebook.

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.