Business Blunders

Virgin’s “foam-pas”, golden poop, cheating Qataris; the week’s business blunders

Every week Vestact MD Paul Theron discusses the last seven days’ worst business blunders.

Qatar cheats its way to world record

Qatar attempted to break the world record for most participants in a marathon.

Organisers forced labourers to take part when they realised they were going to fall short. Contestants were surprise to find that many of their “competitors” were South Asian in appearance and were running with jeans and flip-flops.

Many tried to drop out, but were ordered to keep running.

Virgin Atlantic’s “foam-pas”

The inaugural flight of a Virgin Atlantic’s Airbus A330-300, with 188 high-profile passengers on board, was cancelled after the celebratory water cannon turned out to spray the airplane with thick foam instead.

Your poop is worth its weight in gold

A team of US scientist from the US Geological Survey has calculated that “waste” from a million people could contain precious metals worth up to R156-million, making it worthwhile to extract commercially.

Average home in San Francisco now costs R12-million

You really need a lot of money to avoid homelessness in this Californian tech-hub.

Listen to the audio for more detail.

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Read More
McD wants you to have super sized dreams (& rappers "stamp" their authority!)

McD wants you to have super sized dreams (& rappers "stamp" their authority!)

Mike Wills standing-in for Bruce Whitfield spoke to Vestact MD Paul Theron about this week's business blunders.

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