Bitcoin 101

Bitcoin has steadily ascended in the world economy for 9 years. An intricate phenomenon, it is still misunderstood by many in South Africa and the rest of the world alike. It has granted users the ability to use Bitcoin for their day to day transactions rather than the rand.

Bitcoin is a decentralized crypto currency, it is a virtual currency. Bitcoin is owned by no government in any country which makes it useable in all countries that recongise it.

‘’Bitcoin is a growing phenomenon. It is the subject that people speak about all over and where ever they are, we are an education firm that teach people how to buy and sell Bitcoin, how to open a Bitcoin bank account and how to order a Bitcoin debit card, we teach them how to trade and exchange Bitcoin,’’ said Jeff Galbraith, CEO of Bitcoin 101.

“Since the inception of Bitcoin in 2008 its value has increased by over 50 000%, so if R1000 was invested into Bitcoin in 2008 there would be a return of R30million in 2017. In 2010 if R135 000 was invested the return would be about R2.7 billion from Bitcoin today.”

‘’Bitcoin is a registered Forex currency together with the Rand, Dollar, Pound and the Yen, but what most people struggle to understand is the decentralization part which means that Bitcoin is owned by every single person just like time share, so every single person owns a percentage of the Bitcoin network’’ he explained!

Bitcoin 101 prides itself on being a beacon of integrity. They pride themselves in educating people about Bitcoin and ensuring that people have a better understanding of the crypto-currency. Bitcoin101 also cautions people on the possibilities that Bitcoin could fail and as a result it is extremely high-risk investing.

Bitcoin 101 teach investors on how to invest in Bitcoin, the best choices to make when investing in Bitcoin, how to use their Bitcoin currency.

To get in touch with Bitcoin 101, they are on Facebook as bitcoin101sa, email one of their educators on lonwabo@bitcoin101.co.za or visit their Head Office Suit11A, first floor, Bryan Park shopping centre, Corner Grosvenor Road and Cumberland Avenue, Bryanston, Gauteng 2191.

Young African Leaders Initiative

Questions have risen as to the ability of Africans to invest in themselves and their youth, seeing as more than half the African population is under the age of 35. Yali has come together with current African leaders to empower these youths and mould them into leaders and forward thinkers. Who do not look at where they come from but where they are going.

The Young African Leaders Initiative (YALI) is a signature effort to invest in the next generation of African leaders. The need to invest in grooming strong, results-oriented leaders comes out of the present state of the African economy, nearly 1 in 3 Africans are youth, and more than half of Africa’s total population is below the age of 35.

‘’YALI is a fellowship, an online community a regional Leadership training. Launched in 2014 the four Yali regional leadership centres in Kenya, South Africa, Senegal and Ghana train young Leaders in leadership Entrepreneurship, Civic Leadership and Public Management.Yali  also provides a great place to network’’. Said Mustuf Makaudi, Founder and Chairperson of Lead works Foundation Community Knowledge Centre.

Who will empower and lead these young Africans? Who will shape the future of business and entrepreneurship, civic leadership, and public management? In order to answer these questions, YALI promotes three models designed to identify and empower young leaders: the YALI Mandela Washington Fellowship, YALI Network, and now the establishment of Regional Leadership Centers across Africa.

‘’ Unisa School of Business Leadership in Midrand, South Africa for the English speaking participants. The same program will be replicated in Mozambique for Portuguese speaking participants as a way of reaching and opening access to the disadvantaged.’’ He explained.

This program is made for youth between the ages of 18-35, those who want to be a part of changing the narrative of the African child. Those who are committed to impacting Africa, their own countries and their communities. Those who are committed to the development agenda of the African continent. To provide the tools to empower dynamic young Africans to awaken their innate leadership potential for the benefit of Africa.  Angola, Botswana, Comoros, Lesotho, Malawi, Madagascar, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, Zambia and Zimbabwe can apply.

World Bank Seminar

On Friday the 29th of September 2017, The Executive Director of the World Bank Group representing Angola, Nigeria and South Africa, Ms Bongi Kunene invited the South African companies to stake a claim to the US$45 billion that the group has set aside for projects in Africa. This took place at the Radisson Blu Gautrain Hotel in Sandton.

Kunene was speaking at seminar on Doing Business with The World Bank Group that was co-hosted with the Department of Trade and Industry (the dti) through its Trade Invest Africa Division in Sandton today. The purpose of the seminar was to provide a platform for the Group to share information on how it works with the private sector in partnership with governments, as well as its

“This seminar provides a perfect opportunity for us to share with the private sector opportunities that are available in the World Bank Group. We have raised US$72 billion for the low-income countries of the world and as a board we have decided that US$45 billion of that money will be spent in Africa. The clients are African governments but as you know, most of government work is executed by contractors. Today is the opportunity for the World Bank to explain to all of you South African businesses how to make it as a contractor,” said Ms Kunene.

She added that the money will be used in various sectors of infrastructure. These include economic infrastructure such as roads, water and energy.

“But we will go beyond economic infrastructure and also touch on social infrastructure including hospitals. We will also help government to procure goods and services such as books, computers and medical equipment. So this provides a vast opportunity for any company that qualifies to be able to participate in the projects, she said

The Acting Chief Executive Office of Trade Invest Africa (TIA), Ms Lerato Mataboge said the seminar was in line with TIA’s mandate of assisting South African businesses access investment and trade opportunities in various parts of the African Continent.

 

“It was essential for us to partner with the World Bank Group for this seminar so that companies would get directly from the Bank’s officials the projects that are available and what the requirements and processes that they need to follow are.  We are hoping that most of the

Staff Reporter

On Friday the 29th of September 2017, The Executive Director of the World Bank Group representing Angola, Nigeria and South Africa, Ms Bongi Kunene invited the South African companies to stake a claim to the US$45 billion that the group has set aside for projects in Africa. This took place at the Radisson Blu Gautrain Hotel in Sandton.

Kunene was speaking at seminar on Doing Business with The World Bank Group that was co-hosted with the Department of Trade and Industry (the dti) through its Trade Invest Africa Division in Sandton today. The purpose of the seminar was to provide a platform for the Group to share information on how it works with the private sector in partnership with governments, as well as its

“This seminar provides a perfect opportunity for us to share with the private sector opportunities that are available in the World Bank Group. We have raised US$72 billion for the low-income countries of the world and as a board we have decided that US$45 billion of that money will be spent in Africa. The clients are African governments but as you know, most of government work is executed by contractors. Today is the opportunity for the World Bank to explain to all of you South African businesses how to make it as a contractor,” said Ms Kunene.

She added that the money will be used in various sectors of infrastructure. These include economic infrastructure such as roads, water and energy.

 

“But we will go beyond economic infrastructure and also touch on social infrastructure including hospitals. We will also help government to procure goods and services such as books, computers and medical equipment. So this provides a vast opportunity for any company that qualifies to be able to participate in the projects, she said

The Acting Chief Executive Office of Trade Invest Africa (TIA), Ms Lerato Mataboge said the seminar was in line with TIA’s mandate of assisting South African businesses access investment and trade opportunities in various parts of the African Continent.

 

“It was essential for us to partner with the World Bank Group for this seminar so that companies would get directly from the Bank’s officials the projects that are available and what the requirements and processes that they need to follow are.  We are hoping that most of the

Failing criminal justice system fuels a new wave of attacks on people with albinism

A new wave of killings and attacks targeting people with albinism over the past six months is being fueled by systemic failures in Malawi’s criminal justice system which leave members of this vulnerable group at the mercy of criminal gangs, Amnesty International said today on International Albinism Awareness Day.

To download unrestricted television B-Roll and Photos click HERE

Since January 2017, at least two people with albinism have been killed while seven more have reported crimes such as attempted murder or abduction. This stands in stark contrast to the last six months of 2016, when no such incidents were reported.

“Despite stronger legislation, including reforms to the Penal Code and the Anatomy Act, to tackle attacks against people with albinism, we are seeing an alarming resurgence of killings and attacks against this vulnerable group in 2017,” said Deprose Muchena, Amnesty International’s Regional Director for Southern Africa.

“When the wheels of justice turn so painfully slowly, as they do in Malawi, and historic cases of attacks on people with albinism remain unresolved, it creates a climate of impunity and emboldens suspected perpetrators of these horrific crimes.”

In its June 2016 report, Amnesty International exposed how people with albinism were ‘hunted and killed like animals’ for their body parts. Their bones are believed to be sold to practitioners of traditional medicine in Malawi and Mozambique for use in charms and magical potions associated with wealth and good luck.

Killings in 2017

A new wave of killings and attacks against people with albinism emerged in January 2017, after a six month reprieve between June and December 2016.

On 28 February 2017, Mercy Zainabu Banda, a 31-year-old woman with albinism was found murdered in Lilongwe with her hand, right breast and hair removed.

On 10 January 2017, 19-year-old Madalitso Pensulo was killed after he was invited for afternoon tea at his friend’s house in Mlonda village in Thyolo District. A passer-by heard him scream, but he died before the police arrived at the scene.

Other attacks

The latest abduction took place on 28 May, when a nine-year-old boy, Mayeso Isaac, was taken by a gang of 10 men. The incident took place in neighbouring Mozambique where he had travelled at the invitation of relatives to visit. Both Malawian and Mozambican authorities have an obligation to ensure speedy and effective investigation into his disappearance.

On 9 March 2017, Gilbert Daire, survived an attack after four men attempted to drill through the wall of his home in Lilongwe as he slept. They fled the scene after his neighbours intervened. One of the suspected perpetrators was arrested after community members turned him over to the police, but he was later acquitted by the court.

In April, two-year-old Misheck Samson survived a kidnapping while he was sleeping next to his mother in Cholwe Village in Ntchisi. Three men were arrested for planning to abduct the toddler. They confessed to the police that they wanted to kidnap him because they needed money.

On 17 February, 36-year-old woman, Emily Kuliunde survived an attempted abduction in Dowa after her alleged abductors were apprehended by the community and handed to the police. Suspects remain in police custody.

Another case is that of Amos Jemus from Ntcheu district near the Mozambique border, whose father allegedly threatened to sell him on 1 February 2017.

Criminal Justice failures                                                            

In Malawi, police are empowered to prosecute and convict suspected perpetrators of crimes, however they are under resourced and receive little training. As a result, most cases are poorly handled and rarely result in a conviction. The vast majority of cases involving crimes against people with albinism, in particular murder, fail to go before a court due to a lack of funds and legal aid support for suspected perpetrators.

Even where cases have been brought to court, the perpetrators have often been released due to flawed investigations and a lack of relevant admissible evidence.

“The only way to stop these killings is by ensuring that existing laws are applied effectively and that there is efficient prosecution and coordination across the authorities,” said Deprose Muchena.

“This rise in flagrant attacks against people with albinism shows that confidence is growing among criminal gangs that they will not get caught. They are taking advantage of Malawi’s failing criminal justice system. The authorities must take decisive measures to end these attacks once and for all.”

Background

At least 20 people with albinism have been killed in Malawi since November 2014.

Two killings have happened this year.

According to Malawi Police Service, at least 117 cases involving crimes related to people with albinism have been reported since November 2014.

People are targeted for their body parts, due to the belief that they have magical powers that bring good luck.

Approximately 7,000 to 10,000 people with albinism live in Malawi.

To download unrestricted television B-Roll and Photos click HERE

For more information or to request an interview, please contact:

Robert Shivambu, Media Manager – Amnesty International - Southern Africa on +27 11 283 6000 or +27 83 437 5732 or robert.shivambu@amnesty.org

Public Document

****************************************

Amnesty International Southern Africa Regional office, 3 Glenhove Road, Melrose Estate, Johannesburg 2196

+2711 283 6000

email: press@amnesty.org

twitter: @amnestypress or @AmnestySAfrica or @AmnestySARO

Robert Shivambu

Amnesty International: International Secretariat

Media Manager: Southern Africa

Mobile: +2783 437 5732

Telephone: +27(0)11 283 6000 ext 6023

Emailing: robert.shivambu@amnesty.org

Twitting: @RobertShivambu

 

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