14 July 2014 South Africa will put forward a strong case at this week’s Brics summit in Brazil for the proposed Brics development bank to be located in Johannesburg, Trade and Industry Minister Rob Davies said on Friday. Briefing journalists in Cape Town ahead of the summit, which takes place in Fortaleza and Brasilia from Monday to Wednesday, Davies said South Africa had indicated its readiness to offer Johannesburg as a host domicile for the bank. “We think that from a point of view of the functioning of the institution, with some of its key roles, funding infrastructure and investing in the African continent, the bank being located in South Africa is going to be a huge advantage from the point of view of the advocacy of the bank. “It is not limited to that,” Davies added. “We do of course have the connections, the facilities and the ability to run an institution that deals with places other than the African continent … But our prime motivation and our prime argument is in terms of being able to play that role in an optimal manner.” At the fifth Brics (Brazil, Russia, India, China and South Africa) summit in Durban last year, the leaders of the five countries instructed their finance ministers to work on technical details around the setting up of the bank, which will spearhead infrastructure development in Brics member states and other developing nations. Earlier this week, International Relations Minister Maite Nkoana-Mashabane said the issue of the venue for the bank was be on the summit’s agenda, adding that the five countries’ finance ministers would meet before the summit to finalise the recommendations for the leaders. Davies said on Friday that, contrary to some media reports, no decision had been taken on the location of the Brics (Brazil, Russia, India, China and South Africa) development bank. “It has been agreed by the heads of state that any decision on the location of the bank will be taken by them. Anybody who says there is a decision … is simply speculating.” On a separate note, Davies said a study that was commissioned by South Africa would be tabled at the meeting of Brics trade ministers next week. The study proposes that value-added trade investment cooperation takes place between the Brics countries. Another report on discussions that has taken place around international investment agreements will also be tabled. Davies said there was a rethink of the way in which international investment agreements were structured, and the report was informed by this. However, he would not elaborate further on either report, as he did not want to preempt discussions at next week’s meeting. Davies said the Brics Business Council, which was launched at the Durban summit, would table its own report on how the Brics governments could make it easier for Brics business people to do business with each other. The council, headed by billionaire businessman Patrice Motsepe, would also discuss trade opportunities that Brics business people can explore, he said. Source: SAnews.gov.za
Related Posts klint finley A Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting Like any other social network, the value of an enterprise social network is tied to the number of active users. In general, the more users the more value – more knowledge shared, more questions answered and more connections made. In this case, does the per-user pricing model of many enterprise social software tools make sense? Enterprise microblogging provider Socialcast doesn’t think so, and today the company announced a new pricing plan to deal with that fact.“Our most successful deployments are those that are enterprise-wide and boasting the largest, most comprehensive internal networks,” Socialcast CEO Tim Young writes. “As more people join the network, greater value is created – with every new member that joins comes another potential answer, knowledge source, and idea.”Socialcast will now offer an enterprise-wide license that will let organizations pay a single annual fee for the product without worrying about how many users are being added. In contrast, Yammer charges $5 per user per month and Salesforce.com Chatter costs $15 per user per month. Socialcast hasn’t disclosed the cost of an enterprise-wide license, and we’re not sure how it will compare with volume licensing agreements with other vendors.The company will include its Reach extension, which we covered last year. Reach enables customers to embed Socialcast in existing browser-based enterprise applications.Will flat pricing encourage companies to roll-out social features to more employees? It’s too early to say, but it seems like a step in the right direction. I suspect social roll-outs may be hindered by the idea that some employees don’t “need” to be on the enterprise microblog. But the decision to leave some employees behind probably isn’t improved by those per-user license fees. A big factor in whether this will be successful is how the cost compares to per-user licensing.Socialcast was founded in 2005. It’s funded by Menlo Ventures and True Ventures. Socialcast has solid traction in large enterprises. CEO Tim Young says 15 of the Fortune 100 are customers.In addition to Yammer and Chatter, Socialcast competes with a plethora of enterprise social software vendors, including Blogtronix, Qontext, Socialtext, StatusNet and TIBCO tibbr. Why Tech Companies Need Simpler Terms of Servic… Tags:#cloud#Trends 8 Best WordPress Hosting Solutions on the Market
Shortly after moving in almost five months ago, the owner of a newly completed single-story two-bedroom overlooking Echo Lake, in Morris, Minnesota, began monitoring the energy usage of the house. And while it is too soon for a definitive ruling on the building’s four-season performance, the odds are pretty strong it will be exemplary.Among the factors supporting that expectation are the home’s well-insulated and nearly airtight shell, its simple, rectangular shape, and its extraordinary HERS Index rating: zero.The 11 7/8-in.-thick double-stud walls are insulated to R-45 with dense-packed cellulose, and the wood truss roof is insulated to R-60 with 18-in. of blown-in cellulose. The slab, with an insulated concrete form (ICF) perimeter stem wall, is insulated to R-40 with 8 in. of extruded polystyrene.A ground-source heat pump and a photovoltaic arrayThe slab also is equipped with an in-floor hydronic heat distribution system. Other HVAC needs are met in part by minimally ducted air conditioning from a ground-source heat pump that has three 180-ft. vertical loops. Limited air conditioning is supplied by a fan-coil unit connected to the heat pump, noted Rachel Wagner of Wagner Zaun Architecture, whose team includes Elden Lindamood, the architect who designed the home. There also is a propane fireplace for a “fast bump” in interior temperature.In all, the house has 1,596 sq. ft. of conditioned interior space, plus an attached two-car garage.Blower-door testing showed an airtightness of 0.467 air changes per hour at a 50 Pascal pressure difference. Triple-pane Inline Fiberglass windows, with a high solar heat gain coefficient for those installed on the south-facing wall, were used throughout.Because the home’s 7.74-kW pole-mounted photovoltaic array is expected to generate as much energy on an annual basis as the house uses, the home’s HERS Index is zero.