South Africa’s Mboweni goes to university

first_imgA former Reserve Bank governor, Tito Mboweni, has been named an honorary professor in the School of Economics and Business Sciences at the University of the Witwatersrand (Wits).“I am delighted to be associated in such a meaningful way with Wits, its students and faculty,” Mboweni said in a university statement yesterday.“As one of the leading institutions located in the heart of the financial markets in South Africa and on the continent, Wits has an important contribution to make through its academic endeavours in these relevant areas.”Wits vice-chancellor Adam Habib said the university was privileged to welcome Mboweni to the institution.“His knowledge, expertise and political and economic savvy will add value to our teaching and research programmes and will be hugely beneficial to our staff, students and members of the Wits community. We look forward to many debates and robust interactions going forward,” he said.“Given our current economic circumstances and Africa’s role in the global economy, we require many more intellectuals of the calibre of Mr Mboweni to influence young minds and to develop our future leaders.”About MboweniMboweni was appointed to the board of the New Development Bank, the newly established Brics bank, as a non-executive director.He served as the minister of labour from 1994 to 1998, and as the governor of the Reserve Bank from 1999 to 2009. He was the eighth governor of the central bank and the first black South African to hold the post.According to Wits, Mboweni holds a Batchelor of Arts degree in economics and political science from the University of Lesotho and a Master of Arts degree in development economics from the University of East Anglia in the United Kingdom.He also served as the chancellor of North-West University from 2002 to 2005 and has been awarded several honorary doctorates locally and abroad.At present, he serves as an adviser to Goldman Sachs International, and is the non-executive chairman of the boards of Nampak Limited, SacOil Holdings, Accelerate Property Fund and the African Centre for Economic Transformation.Source: News24Wirelast_img read more

Amazon Web Services Lets You Rent Oracle Database Services by the Hour

first_img8 Best WordPress Hosting Solutions on the Market,According to Analytics Monk the terms “oracle aws” and “amazon rds” have been trending amongst developers over the past few days. So Amazon.com’s announcement that Oracle Database 11g will be available as a part of Amazon RDS is either great timing or was already expected. Amazon Web Services users will be able to transfer existing Oracle licenses, buy new licenses or, interestingly, pay an hourly licensing fee instead of buying a license.Here’s how the licensing fees break down:“Bring Your Own License” – (BYOL) – Customers with existing Oracle Database licenses can apply them to run Oracle Databases on Amazon RDS with no additional software licensing or support charges.On-Demand Database Instances (DB Instances) – This pay-by-the-hour licensing option requires no pre-existing licenses, up-front fees, or long-term commitments to run Oracle Databases on Amazon RDS. Customers pay a simple, hourly rate per RDS Database Instance running Oracle Database 11g. The hourly rate depends upon the Oracle Database edition and DB Instance size option selected. Reserved DB Instances – Reserved DB Instances allow customers to make a low, one-time payment for each DB Instance and in turn receive the option to run that DB Instance at a significant discount on the ongoing hourly usage charge. Both one-year and three-year reservation terms will be available.Oracle already offers its own hosted solution called Oracle On Demand, and support for Amazon RDS using Oracle will actually come from the On Demand team.The metered software angle is interesting. MorphLabs has been doing this with Zend Server for a couple of months now. However, the metered use, “pay as you go” model has been mostly applied to server resources until now. It will be interesting to see if this catches on for platform-as-a-service and software-as-a-service providers.Amazon RDS already offers MySQL, so Oracle is a logical extension. But it’s impossible not to see this move as a response to Salesforce.com’s Database.com service. According to Amazon.com’s announcement: “With support for the Oracle Database engine, Amazon RDS will streamline database administration for multiple editions of Oracle Database 11g Release 2, freeing up developers to spend more time on the differentiating parts of their applications rather than the muck of maintaining and scaling their database infrastructure.”That sounds an awful lot like Database.com’s value proposition.In addition to Database.com, AWS RDS competes with several other cloud database providers. Tags:#cloud#Cloud Providers Why Tech Companies Need Simpler Terms of Servic… klint finley klint finley According to Analytics Monk the terms “oracle aws” and “amazon rds” have been trending amongst developers over the past few days. So Amazon.com’s announcement that Oracle Database 11g will be available as a part of Amazon RDS is either great timing or was already expected. Amazon Web Services users will be able to transfer existing Oracle licenses, buy new licenses or, interestingly, pay an hourly licensing fee instead of buying a license.Here’s how the licensing fees break down:“Bring Your Own License” – (BYOL) – Customers with existing Oracle Database licenses can apply them to run Oracle Databases on Amazon RDS with no additional software licensing or support charges.On-Demand Database Instances (DB Instances) – This pay-by-the-hour licensing option requires no pre-existing licenses, up-front fees, or long-term commitments to run Oracle Databases on Amazon RDS. Customers pay a simple, hourly rate per RDS Database Instance running Oracle Database 11g. The hourly rate depends upon the Oracle Database edition and DB Instance size option selected. Reserved DB Instances – Reserved DB Instances allow customers to make a low, one-time payment for each DB Instance and in turn receive the option to run that DB Instance at a significant discount on the ongoing hourly usage charge. Both one-year and three-year reservation terms will be available.Oracle already offers its own hosted solution called Oracle On Demand, and support for Amazon RDS using Oracle will actually come from the On Demand team.The metered software angle is interesting. MorphLabs has been doing this with Zend Server for a couple of months now. However, the metered use, “pay as you go” model has been mostly applied to server resources until now. It will be interesting to see if this catches on for platform-as-a-service and software-as-a-service providers.Amazon RDS already offers MySQL, so Oracle is a logical extension. But it’s impossible not to see this move as a response to Salesforce.com’s Database.com service. According to Amazon.com’s announcement: “With support for the Oracle Database engine, Amazon RDS will streamline database administration for multiple editions of Oracle Database 11g Release 2, freeing up developers to spend more time on the differentiating parts of their applications rather than the muck of maintaining and scaling their database infrastructure.”That sounds an awful lot like Database.com’s value proposition.In addition to Database.com, AWS RDS competes with several other cloud database providers. Top Reasons to Go With Managed WordPress Hosting Top Reasons to Go With Managed WordPress Hosting Tags:#cloud#Cloud Providers Related Posts A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… Related Posts A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Need interfaith movement for peace: Karan Singh

first_imgThere is a need for an interfaith movement for world peace, former Union Minister Karan Singh said here on Wednesday.He was speaking at the ‘World Parliament of Science, Religion and Philosophy’ organised by the MIT World Peace University to mark Mahatma Gandhi’s birth anniversary.What we need today is an “inter-religious movement for world peace,” Mr. Singh said. Mankind needs an amalgamation of “science, religion and philosophy,” he added.Acceptance of “multiple path to the divine”, gender equality, and protection of environment are some of the key elements of a successful interfaith movement, he added.On this occasion, the Rashtrapita Mahatma Gandhi Peace Prize was conferred on Gandhian Dr .Ramjee Singh and former director of Dr. Radhakrishnan Institute of Advance Study in Philosophy, University of Madras, Dr. T.S. Devadoss.last_img read more

‘Disappointed’ Yousuf vows to make strong comeback

first_imgFormer Pakistan captain Mohammad Yousuf was left disappointed but vowed to come back stronger after being ignored for Pakistan’s 15-member World Cup squad, announced on Tuesday by the selectors without a captain.Mohammad YousufYousuf, a veteran of 90 Tests and 288 ODIs, was named in the preliminary squad of 30 players for the quadrennial event but national selectors decided to show faith in youngster Asad Shafiq, who is captaining the Lahore team in the ongoing national ODI.Yousuf, while accepting the decision of the selectors, said he will keep giving his best no matter how limited the opportunities are.”It is all in the hands of God. If he doesn’t want me to play this World Cup I will not play,” said the 36-year-old batsman.”I am very disappointed because I was looking forward to playing in this World Cup as it would be my last. I was also feeling confident and in good nick for the tournament. But only the selectors can explain why they didn’t consider me for final selection,” said the maverick batsman.Sources said that the selectors were not happy with the present fitness of Yousuf, who was also dropped for the tour to New Zealand.Earlier, before the team announcement, Yousuf had told mediapersons that he wanted to play in the World Cup that begins in India, Sri Lanka and Bangladesh from February 19.”I don’t think age is a bar for any player. Misbah is still going strong at 36 and I am also playing well and scoring runs. I am fit so why can’t I play the World Cup,” he said.advertisementYousuf, who has featured in Pakistan’s last three World Cup campaigns, said he would continue to play the national one-day tournament for Lahore as cricket remained his passion.Meanwhile, former chief selectors, Abdul Qadir and Iqbal Qasim felt that the omission of Yousuf from the squad was not a big surprise.”I think the fact that the team already has two very seasoned batsmen in the middle order in the shape of Younis Khan and Misbah-ul-Haq plus the youngsters like Asad Shafiq, Umar Akmal and Ahmed Shehzad are also coming up well would have influenced the selectors to go in without Yousuf,” said Qasim.He described the selected squad as a balanced one. Qadir said the selectors had taken the correct decision to ignore Yousuf.”The present team is an ideal blend of experience and youth and I don’t think Yousuf has been in the best of fitness in recent months,” said Qadir.But former captain, Rashid Latif felt that the selectors should have gambled with Yousuf in the World Cup.”He is too good a player to be ignored for such a big event where experience and the ability to play the spinners well on turning tracks will matter a lot. Yousuf I think is one of the best players of spin and that is why he deserved a place in the final squad,” Latif said.- With PTI inputslast_img read more

Video: How do Leicester recover from helicopter tragedy?

first_img‘A wonderful thoughtful man’ – Footballing world mourns passing of Leicester chairman Srivaddhanaprabha Leicester ‘to do Vichai proud’ after hardest week of our lives – Vardy ‘Such a good human’ – Mahrez dedicates winning goal to deceased Leicester City chairman Legacy of tragic Leicester owner Vichai Srivaddhanaprabha will last forever thanks to Premier League triumph You literally made my dreams come true – Schmeichel’s emotional letter to late chairman in fulllast_img