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   16 March 2018 Issue 222 - Blockchain, Cryptos and Licencing of Content
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Blockchain, Cryptos and Licensing of Content

 
 
 By Dieter Brockmeyer, Chairman Diplomatic Council Global Media Forum
 
No doubt: There has been (and still is) a lot of hype around crypto currencies like Bitcoin. However, when reading recent commentaries in various media comparing todays situation to the Dutch Tulip Mania in the 17th century it seems obvious that these commentators may not have fully understood what Blockchain, the technology behind cryptos, is about. The statement in the end cryptos will be dead but blockchain will survive for the operation of transaction platform. That’s true only to some degree and yes, the Kodak share sky-rocked after the company’s announcement to issue their own currency!

However, the news was not about the coin, it was about the trading platform for photographers. The coin is “only” there to allow real time transactions also transferring the agreed price for a photo – from a few eurocents to bigger amounts for package deals – in real time: Contract signed, money in the right holder’s wallet! Therefore, transaction platforms only make full sense with a coin connected to them.
 

      
 

 

Ambassador Mahash Saeed Alhameli of the UAE visits recovering SA Athlete

 
 
On Saturday, 10 March, the UAE Ambassador to South Africa, His Excellency Mahash Saeed Alhameli visited triathlete Mhlengi Gwala at the St. Augustine Hospital in Durban to offer the support of the Embassy and the UAE to Gwala and his family. A donation of R200,000 was pledged towards the triathlete’s medical expenses.
The United Arab Emirates and the Republic of South Africa have a longstanding relationship built on friendship and mutual respect. The UAE views sport as one of the unifying elements in international cooperation. The country maintains that sport has the ability to bring together nations and their societies in a way that transcends national, racial, religious and linguistic lines. The UAE thus holds sportsmen and sportswomen in the highest regard.
 
  


 
 
 
 
By Stella Sigcau

The Department of International Relations and Cooperation (DIRCO) hosted a Conference of African Academies, Universities and Research Institutions on 28 February to 1 March 2018.
The primary objective of the Conference was to create a platform for a meaningful engagement amongst the African Diplomatic Academies, Universities and Research Institutions on African Diplomacy.
The conference focused on the following theme, “African Diplomacy: Identity, objectives, realities and futures in a dynamic and changing world”.
Members of the panel included Dr Hone (Diplo Foundation), Prof A Sall (African Future Institute) and Ambassador S Nabukwesi who presented on, “African State in the fourth Industrial Revolution”; Ambassador Rike (Ministry of Foreign Affairs, Ethiopia) and Prof Anthony van Nieuwkerk (University of Witwatersrand) who discussed African diplomacy in the changing world”; Dr GR Murunga (CODESRIA) and Dr YK Spies (University of Johannesburg) who shared on “ the state of the global economy: challenges and opportunities for African Sustainable development”; Prof C Hendricks (University of Johannesburg) and Dr Ambassador MP Genge (DIRCO) who articulated on “peace diplomacy on the continent”.
 

 
 
 

 
 
 
 
ASTANA – President Nursultan Nazarbayev announced on March 5 what he called “Five Social Initiatives,” including tax breaks for low-income workers and greater access to education, that are expected to directly positively impact half of the country’s 18 million people. The other initiatives include increased access to low-cost mortgages and expanded business microloans as well as increased personal access to natural gas.

“I’ve been thinking about this step for a long time, but Kazakhstan had to accumulate strengths and resources. Now, I think the time has come. Time to make efforts to strengthen the social unity of our people and to do this through large-scale projects,” the President said addressing the joint session of Parliament.

The first initiative is a “7-20-25” program to provide low-cost, long-term mortgage loans to working Kazakhs under the following conditions:
- the interest rate on the loan will not exceed 7 percent per year instead of the usual 14-16 percent;
- the maximum down payment will not exceed 20percent of the total loan amount, as opposed to the traditional 30-50 percent required by the second tier banks now;
- loan terms will increase from 10-15 years to 25 years to reduce the amount of each monthly payment.
 

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South Africa and Seychelles commit to increased cooperation

 
Deputy Minister of International Relations and Cooperation of the Republic of South Africa, Mr Luwellyn Landers, hosted the Secretary of State and Executive Head of the Ministry of Foreign Affairs of the Republic of Seychelles, Ambassador Barry Faure, for the second session of the Joint Commission of Cooperation (JCC) between the Republic of South Africa and the Republic of Seychelles on 9 March 2018.
The meeting reaffirmed the close friendship and common interests and values that are the foundation of the strong relationship between South Africa and Seychelles.
Noting that 2018 will see the 25th anniversary of the establishment of diplomatic relations between South Africa and Seychelles both sides agreed to work together to commemorate this important anniversary and to strengthen ties between our two countries.
 
 
 

 

 

 

 

MARCH 2018 Print Edition

 

 

 

 

 

             

             
                    

 

  
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