first_imgSEATTLE — Outfielder Stephen Piscotty was reinstated from the injured list after missing a month with a high ankle sprain, the A’s announced on Thursday.Piscotty’s returns just in time for the final four games of the regular season, crucial ones in which the A’s hope to secure a wild card berth. His return also coincides with Mark Canha’s groin strain sustained in Wednesday’s win over the Los Angeles Angels.Piscotty has fallen prey to the prolonged injury bug this year. He missed games from …last_img


first_img24 January 2013Developments in infrastructure both physical and financial, and deeper economic integration, will be key to sustained growth in Africa, according to a panel of business and political leaders brought together by Brand South Africa at the World Economic Forum’s (WEF’s) annual meeting in Davos, Switzerland on Wednesday.Hosted in partnership with CNBC Africa and Forbes Africa magazine, the discussion centred on Africa’s “resilient dynamism” – the theme of this year’s annual meeting – and featured a keynote address from South African Finance Pravin Gordhan, with a panel featuring Trade and Industry Minister Rob Davies, Absa CEO Maria Ramos and Transnet CEO Brian Molefe.The panel was extremely optimistic about Africa’s future. While the United States and Europe battle political gridlock and mounting debt, and global growth continues to stagnate as economic powerhouses like China seek to avoid a hard landing, Africa has remained one of the few bright spots for economic activity.The continent saw growth of more than 5 percent in 2012 and is projected to see the same in 2013, according to the International Monetary Fund (IMF).“In a world that is troubled with slow or no growth, which is struggling with the impact of unemployment, both business and government have serious challenges ahead,” Gordhan said in his address.“Collectively, we must balance the need for short-term solutions to immediate challenges, while making a long-term commitment to sustainable growth and implementing a sound political and economic framework.”Africa, and South Africa in particular, are clear embodiments of this year’s Davos theme, showing resilience in the face of a challenging global economic climate. South Africa has ranked in the WEF Global Competitiveness Index (GCI) as being among the best places in the world for corporate governance, regulation of the financial system and availability of financial services.Deepening economic integrationDavies highlighted the need for African countries to not just broaden their economic and trade ties, but to deepen their relationships – something he said was being achieved through the development of a free trade area covering 26 countries on the continent.Davies said the absence of sovereign debt crises, alongside better governance across the continent, had gone a long way to creating an environment where African investments saw long-term growth and returns capable of creating sustained development across the continent.However, he stressed the need to ensure that industrialisation benefited all Africans, and cautioned against becoming over-reliant on mineral resources.While existing infrastructure was developed in large part for – and still largely supports – the mining industry, Davies said that long-term growth strategies had to reach further. For growth, he said, there had to be investment in financial, energy, and technology infrastructure just as there was for the extractive industries.Innovating infrastructureBoth Ramos and Molefe agreed that infrastructure development created opportunities for both investors and the African people, with more than 80 percent of Africans remaining unbanked and 70 percent without access to internet.Molefe, who is spearheading South African state company Transnet’s US$300-billion investment in infrastructure projects, said that innovation in financial services and ICT created huge potential for Africans.According to Molefe, the globalisation of the retail finance market, and the increasing use and availability of products such as bonds and mortgages, was helping to unlock value and capital, creating liquidity across all levels of the market.At Absa, Ramos said she was seeing a significant increase in infrastructure funding, adding that she was particularly encouraged that more deals were being financed in African capital markets.However, she highlighted the need to keep innovating the financial services industry in Africa, to talk more about financial infrastructure, and to create greater certainty in legal environments across the continent with regards to tariffs and financing.Looking forwardDespite the resilience and dynamism currently being seeing across the continent, unemployment and labour market instability had to be tackled to sustain the growth of the African continent.For Ramos, unemployment in particular was the global challenge of our time.According to Davies, there was no “magic bullet” for unemployment, and job creation could not be seen as simply an incidental outcome of growth, but had to be targeted in its own right.There had to be commitments from labour, business and the government to address practical matters and in particular youth unemployment, Gordhan said, with training and skills development being critical.Closing Wednesday’s event, Brand South Africa CEO Miller Matola said: “We often forget to highlight the positives we’ve achieved. South Africa is a well-established democracy, the continent is emerging from the global economic crisis well-positioned for growth, and we have a solid, stable fiscal environment.“It is all too easy to lose sight of what’s good, and to just focus on what is not good,” Matola said. “Our task is to demonstrate that we not only acknowledge the challenges we face, but that we are responding to them in a dynamic and innovative way through our National Development Plan and infrastructure build programme.”Source: Brand South Africalast_img read more


first_imgSouth Africa has a developed and regulated competition regime based on best international practice.South Africa’s economic system is predominantly based on free market principles. However, as in most developed economies, competition is controlled.The Competition Act of 1998 fundamentally reformed the country’s competition legislation, substantially strengthening the powers of the competition authorities along the lines of the European Union, US and Canadian models.The Act provides for various prohibitions on anti-competitive conduct, restrictive practices (such as price fixing, predatory pricing and collusive tendering) and “abuses” by “dominant” firms (firms with a market share of 35% or more).The Act also entails a notification and prior approval procedure for certain mergers and acquisitions, carries significant penalties for contraventions – and reaches beyond South Africa, applying to economic activity both in and having an effect in the country.The Competition Amendment Act of 2009 introduces measures such as criminal sanctions against directors and managers who participate in cartel conduct, or tacitly consent to such conduct; a market inquiry provision to inquire into the state of competition in a particular market; and leniency provisions which protect whistleblower firms or individuals.In general, the Competition Act seeks to maintain and promote competition in the South African market to:Promote economic efficiency, adaptability and development.Provide consumers with competitive prices and product choices.Promote employment and general socio-economic welfare.Promote a greater spread of ownership within the economy, in particular by increasing the ownership of historically disadvantaged individuals.Ensure that small business have an equitable opportunity to participate in the economy.Expand opportunities for South African participation in world markets, while recognising the role of foreign competition within South Africa.Download: TheCompetition Actand theAmendment Act [PDF]EnforcementThe Competition Commission is responsible for investigating and evaluating mergers and prohibited practices. It has the power to disallow small and intermediate mergers, and makes recommendations on larger mergers to the Competition Tribunal.The commission is independent but its decisions may be appealed to the Competition Tribunal and the Competition Appeal Court.The Department of Economic Development guides the work of the Competition Commission and the Competition Tribunal.In terms of the law, the competition authorities can take into account both competitiveness and general public interest – including black economic empowerment – in arriving at their judgments.Websites:www.compcom.co.zaandwww.comptrib.co.zaSources: The South African Yearbook, Webber Wentzel SAinfo reporterReviewed: 26 March 2013Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more


first_imgA Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Market Today we’re profiling five different companies that announced over the previous 24 hours that they’ve raised funding. Which ones will prove to be successful and marketable further down the road? Time will tell. Each company is in the midst of developing very interesting technologies. We’ve got an app to block calls, texts, and emails while driving, a Web/interactive design company, a social networking and news site for high school athletes and a couple others worth paying attention to. Which company do you think will change the world? We want to know what you think, so place your vote below. And find out about yesterday’s poll winner as well.Yesterday’s Poll winner was Doximity, earning 26% of the RWW readers’ vote. Doximity is a social networking site for medical professionals.Today’s Companies:Illume Software is a Needham, Mass.-based company that creates mobile apps, most notably the iZUP app. The iZUP app uses GPS technology to sense when drivers are on the road, this is when the app blocks or holds all emails, phones and texts, to ensure a safer drive. Illume Software raised $2.4m today in new funding. Jawbone, maker of bluetooth headsets and other forms of audio technology, raised $49m.TreeFrog Interactive, a San Diego-based web design and interactive company raised $2m, according to an SEC filing. IHIGH, a social networking and news site for high school athletes and coaches, according to an SEC filing today.PlaSec, maker of a collaboration platform used for network access control, identity management and event management, raised $3.4m today, according to an SEC filing.Which of these companies do you think is most likely to change the world? Related Posts leela cyd rosscenter_img Tags:#Venture Funding#web Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hostinglast_img read more


first_imgBlackwater has dropped its first two games.  After opening up with a 91-117 loss to NorthPort, it showed remarkable improvement in bowing to Meralco, 94-99.With Almazan returning and Erram now playing for NLEX, Blackwater will have to rely heavily on rookie Abu Tratter to carry most of the responsibilities for the Elite in the middle.Meanwhile, there’s no denying that the KaTropa will have the momentum going into its clash with the Bolts.TNT will enter the game fresh from turning back four-time defending champion San Miguel Beer on Sunday.Jayson Castro scored 24 points and had 11 assists in a 104-93 decision of the Beermen while Troy Rosario announced his return to active duty with a heady performance that helped negate the KaTropa’s disadvantage in size.Sports Related Videospowered by AdSparcRead Next Grace Poe files bill to protect govt teachers from malicious accusations He was in uniform when the Painters edged crowd-darling Barangay Ginebra, 83-80, in Calasiao, Pangasinan, over the weekend.But Garcia deemed it best to play him against the Elite instead and allow for more time for his 6-foot-7 center to recover.“He still didn’t have his timing back for the Ginebra game,” Garcia said of Almazan.“But after two more practices, he moved very well. We will give him a go (Wednesday).”Rain or Shine held Ginebra to just 80 points on Saturday, a testament to how well it is playing defense—certainly bad news for a Blackwater squad that is trying to make a life after losing Poy Erram and John Pinto to trades and still not having Ray Parks, the second overall choice in the Draft, suit up.ADVERTISEMENT Oil plant explodes in Pampanga town Private companies step in to help SEA Games hosting PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss ‘We are too hospitable,’ says Sotto amid SEA Games woes US judge bars Trump’s health insurance rule for immigrants Vintage performance from James Yap saves Rain or Shine. PBA IMAGESAfter a high-wire triumph on Saturday against one of the teams to beat in the PBA Philippine Cup, Rain or Shine coach Caloy Garcia wants his Elasto Painters to do one thing when they play struggling Blackwater on Wednesday.“I’ve been telling them the last two days in practice to not let that beautiful game we played (last Saturday) go to waste, for us not to be complacent,” Garcia told the Inquirer as Rain or Shine shoots for a share of the lead at 7 p.m. at Cuneta Astrodome in Pasay.ADVERTISEMENT LATEST STORIEScenter_img View comments Don’t miss out on the latest news and information. Pacquiao faced with a serious challenge SEA Games hosting troubles anger Duterte “But after that game, and after giving them the day off on Sunday, they (Painters) have been practicing well. I didn’t see any let up in them,” Garcia added as Rain or Shine tries to win a third straight game and catch idle Phoenix Pulse on top.Rain or Shine also welcomes back national pool member Raymond Almazan, giving Garcia more ceiling against the winless Elite (0-2).FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsTNT also shoots for a third straight victory when the Texters battle sister team Meralco in the 4:30 p.m. game.Almazan injured an ankle two weeks ago and is nearing game shape. PDEA chief backs Robredo in revealing ‘discoveries’ on drug war ‘We are too hospitable,’ says Sotto amid SEA Games woes MOST READlast_img read more


first_imgTagsTransfersOpinionAbout the authorChris BeattieShare the loveHave your say Lucky Liverpool? Yeah – and they deserve it Leno, Mourinhoby Chris Beattie10 months agoSend to a friendShare the loveCOMMENT: Bernd Leno was doing his best Jose Mourinho impersonation in the aftermath of Liverpool’s trouncing of Arsenal on Saturday…The goals – all five of ’em – were “unlucky”, claimed the Gunners goalkeeper. And the foul for Mohamed Salah’s penalty debatable. Fortune was simply with the hosts on the day.And to be fair, you can understand Leno’s reasoning. Another day. Another ref. And Sadio Mane is shown red for grabbing Stephan Lichtsteiner around the throat early doors. With Arsenal still in touching distance after halftime, Pierre-Emerick Aubameyang isn’t missing from under Alisson’s crossbar. And just as Mourinho had complained a fortnight ago before losing his job at Manchester United. Liverpool’s goals in both games were full of ricochets. Deflections.But what was also common over the two games was how through sheer force of will, Liverpool managed to find those goals. Yeah, they were lucky. But they made that luck themselves. Driving forward. Attack. Attack. Attack. There’s nothing subtle about Jurgen Klopp’s team at the minute. Nothing measured. They go at it at 110%. And what tends to happen to people – to teams – who behave like that, they end up being luckier than most. The more shots. The more waves of attacks. The more chances you have of scoring.Okay, okay. Itis a bit more sophisticated than that. But Liverpool are not nine points clear at the top of the table for second guessing themselves. For holding back. Something has clicked these past 18 months. That drive. That passion we see on the pitch. It’s reflective of what has been occurring inside the boardroom – whether that be at Anfield or in Boston. And that approach is being rewarded in spades.While others held back – including Manchester City and Khaldoon al-Mubarak – Liverpool paid what was needed to ferry Virgil van Dijk away from Southampton. Another board. Another know-it-all exec. And Klopp would’ve been told to cool his jets. To make do with Joel Matip. But not FSG.When others – including an England captain – spoke against adding Xherdan Shaqiri to his squad. Klopp backed his judgment. Was supported by his transfer committee. And rolled the dice. Alisson Becker? Andrew Robertson? None were deals celebrated unanimously by those inside the game. But the manager – and the club – never hesitated.For the moment, everything they touch is turning to gold. But the differences is, this club. And these players. They’re not holding back waiting – hoping – for it to all fall in place. They’re out there. Making it happen. Yeah, fortune appears to be with Liverpool, but only because they’re willing to fight for it.So now they’re three wins clear at the summit. But there is a qualifier. There has to be at the midway stage of the season. But it’s a qualifier that is part tribute to what Klopp and Liverpool have managed to do in recent weeks.It was only a month ago and many were saying how far City? And not just this season. But in terms of an era. A Blue dynasty. They appeared unstoppable. Untouchable. Yet now, Pep Guardiola’s lot are more concerned about second place and Tottenham than keeping in touch with the runaway Reds.City haven’t suddenly turned from champions to chumps. But it’s a tribute to the work of Liverpool that a team some were declaring the greatest seen in English football are now eating their dust.Liverpool haven’t benefitted from City being dragged back down. They’ve taken their standards to a new level – and City are now having to find it within them to catch up. And they surelywill come again. A returning Fernandinho, Kevin de Bruyne and Benjamin Mendy will make sure of that. And then the onus will be thrown back on Liverpool to find another gear – something which Klopp has always insisted is well within them.Guardiola threw it out there last week. ‘It’s far easier being the hunter than the hunted’, he declared. A warning which fell flat on it’s face after Saturday’s Anfield performance.The City manager must know, it’s going to take much more than a generic throwaway line to force this Liverpool team off their stride. There justis something about them this season.Witness Mo Salah’s gesture. On a day when Aboubakar Kamara is being slated by his manager and fans for his behaviour around a Fulham spotkick. Salah does the opposite. A Golden Boot. A goals bonus. He sacrificed it all. And won praise from Klopp after giving up his penalty for Roberto Firmino to complete his hat-trick. That’s something no amount of spending can buy.Leno. Mourinho. Yeah, they can point to lucky moments in games. But you don’t haul in today’s Manchester City team on good fortune. Liverpool have made their own luck. And the standard to beat. It’s now up to the rest in 2019 to catch up.last_img read more


first_imgAbout the authorAnsser SadiqShare the loveHave your say ​Man City midfielder Rodri: Season far from overby Ansser Sadiqa month agoSend to a friendShare the loveManchester City midfielder Rodri does not believe the club’s league season is over.Some fans and pundits are already declaring Liverpool hot favourites for the Premier League, given they have a five point lead over City.But Rodri knows that it is still early days, and that every team will slip up in the title race.”The season is very long,” he said to City’s website.”You are going to have matches like this, at least two or three. It’s normal. We are not perfect, and the good thing is we are at the start of the season, not the end.”That’s the only positive thing we can say. We are five points behind the leaders and that’s bad news but we are working and we will keep pushing.” last_img read more


first_img​Real Madrid move forward with women’s teamby Ian Ferrisa month agoSend to a friendShare the loveReal Madrid have stepped up plans to launch their women’s team after members voted by a margin of 90.6 per cent to absorb CD Tacón into the club’s sporting infrastructure in time for the 2020/21 season.Tacón’s licence will now be transferred to Real, with the rebranded team to take up their place in the Liga Iberdrola, the domestic women’s top-flight. TagsSpanish Football NewsAbout the authorIan FerrisShare the loveHave your saylast_img


first_imgMatthijs de Ligt now feeling settled at Juventusby Carlos Volcano23 days agoSend to a friendShare the loveMatthijs de Ligt now feels settled at Juventus.Juve splashed out €75m to sign De Ligt from Ajax over the summer.“I’m getting used to how the lads play. Beating Bayer was good,” he told Veronica after yesterday’s 3-0 win against Bayer Leverkusen in the Champions League.“Right now, things are going well. I was Ajax’s captain and there I was able to have my say, whereas here I had to find my place. Now I feel like I’ve found it and I’m happy about it.“Italy is known as a country with defensive teams, but the trend is changing: just look at how high they defend.“We have a new Coach and I’m not the only one who has yet to adapt. Unfortunately, I started badly, but it’s about improving every day and every game.“It’s what I’m doing and it’s going well.” About the authorCarlos VolcanoShare the loveHave your saylast_img read more