CLICK HERE if you are having a problem viewing the photos or videos on a mobile deviceKlay Thompson subscribes. You can too for just 11 cents a day for 11 months + receive a free Warriors Championship book. Sign me up!OAKLAND – Just as he walked past an arena hallway, Stephen Curry stopped in his tracks. The Warriors’ star saw his mom, Sonya. Then Curry performed a double take.Unlike most of his NBA games that she attended, Curry’s mother did not wear Stephen’s jersey. With Stephen playing …
5 July 2013 South African financial services group Old Mutual is expanding its African operations with the acquisition of a controlling stake in micro-finance company Faulu Kenya. The deal, which makes up a portion of the R5-billion the company has set aside for African growth, is expected to reach completion by the end of 2013, dependent on regulatory approvals and the finalisation of legal agreements. Old Mutual Kenya comprises part of the long-term savings and investment business of the Old Mutual Group, which is listed on the Johannesburg and London Stock Exchanges. It was selected after a two-year process that saw Faulu engage with over 20 potential financial partners and narrow it down to six local and international institutional investors. “The exercise entailed a rigorous vetting process to pick the best suited partner in line with Faulu’s commitment to being a financial bridge to success for Kenyans,” Faulu managing director, John Mwara, said in a statement on Thursday. Faulu was established as a loan scheme in Nairobi in 1991 and expanded into a micro-financing firm. It was the first micro-finance institution to be licensed to mobilise deposits from the public by the Central Bank of Kenya in 2009. It now has over 100 service outlets, including 31 banking branches in 44 of the 47 counties in Kenya with over 400 000 active customers. “This deal confirms Old Mutual Kenya’s commitment to availing affordable insurance products to millions of Kenyans through strategic partners like Faulu, whose fast expanding branch network creates an excellent distribution channel,” said Old Mutual Kenya CEO, Tavaziva Madzinga. “I am delighted that we have agreed this partnership with Faulu,” Old Mutual Emerging Markets chief executive officer, Ralph Mupita. “We continue to see further opportunities for the development of our business across East Africa.” SAinfo reporter
Criteria for an Enterprise Web 2.0 application includes:100% Browser BasedUses Enterprise Best Practices like security and versioningManaged services / GovernanceRadically easy to useMost companies are a long way from deploying Enterprise 2.0. But it’s coming. And it’s happening across all industries, and applications can range from telecom to legal to finance to whatever. SOA has met with success and acceptance because of its ability to meld together so many disparate systems, uniting data by tunneling between isolated information silos. But Web 2.0’s mashup combinations using technologies like RSS, REST and AJAX is achieving the same kind of effect as the more rigorous, typically SOAP-based, SOA. And the speed with which a Web 2.0 mashup can be whipped up outpaces what could be done in an SOA framework.But a big difference between the two approaches is in the reliability. True SOA is based on Service Level Agreements (SLAs) and Web 2.0 simply is not. The audience of the two applications are different. Web 2.0 is winning over fans in the consumer world and SOA calls the enterprise its home. While maybe not an example of a Web 2.0 mashup, one comment from a MySpace user that captures the sentiment of what’s happening in the Web consumer space is that MySpace “provides so much of a benefit to people that errors and glitches we find are forgivable”. Another user added, “and it’s free!”. But unpredictable reliability isn’t acceptable in the enterprise. And maybe when the novelty of Web 2.0 applications wears off, people’s feelings in the consumer world will change too.But as people in consumer space see the benefits of Web 2.0, they now are expecting the same things in the enterprise. The move of Web 2.0 capabilities into the enterprise is leading to the distinction of Consumer Web 2.0 and Enterprise Web 2.0. Yahoo! and Google maps won early and wide acceptance by consumers, and those services are also starting to show up frequently in business software demonstrations, like IBM’s QEDWiki and Salesforce.com.
With the onset of rains, no fresh AES case has been reported in Muzaffarpur district on Sunday even as the health department cracked its whip on a doctor who was asked to report for duty in the brain fever-affected district, but failed to comply.Dr. Bhimsen Kumar, a senior resident doctor at the Patna Medical College Hospital, had been directed to report at the SKMCH Muzaffarpur by June 19.“He failed to do so and the department has taken a serious note of the lapse. He has been placed under suspension pending a departmental inquiry upon conclusion of which further action may be taken,” Principal Secretary, Health, Sanjay Kumar said. Meanwhile, Sri Krishna Medical College Hospital (SKMCH) superintendent, Sunil Kumar Shahi said “AES is known to strike when the summer heat is at its peak and the incidences plummet no sooner than rainfalls lash the area. The same is happening this time and no child has been admitted during the day so far with the complaint even though AES patients, who have been nursed back to recovery, are being discharged continuously.”The Acute Encephalitis Syndrome (AES) outbreak, which according to the state health department has affected about 20 out of the 40 districts in the State, has afflicted more than 600 children since June 1, killing close to 140. The high number of deaths this year has been mostly attributed to hypoglycemia.
Former Commonwealth Games Organising Committee chairman Suresh Kalmadi.There is more trouble for the Commonwealth Games Organising Committee. The Central Bureau of Investigation has registered an FIR in the Games consultants’ case. Headlines Today had reported how Suresh Kalmadi-led OC had appointed 35 consultants including Congress leader Shashi Tharoor, who had been paid hefty amounts for consultancy and other services but they hardly did any work. The CBI is now investigating how much money was spent by the CWC OC on these consultants, who were also given high profile designations in addition to huge sums of money. Raids in overlay contracts’ case Meanwhile, the CBI continued its crackdown on the overlay contracts given out for CWG projects. On Thursday morning, it carried out raids at twenty places, including fifteen in Delhi, two in Mumbai and one in Kolkata. This comes after the registration of three new cases in connection with the renovation of Shivaji and Talkatora stadia for the October 2010 Games. Among those the CBI raided were NDMC chief architect S.S. Gupta and offices of Raja Aederi, consultants who had the contracts for renovation of CWG stadia.