Daily Archives: April 6, 2016

pH Miners Inc. offers discounts for Mining Hardware Bitcoin/Litecoin

Company offers discounts for customers who order more than two units at a time

NEW YORK, April 05, 2016 (GLOBE NEWSWIRE) — Two new cryptocurrency miners from pH Miners Inc. are making it easier for users to process digital transactions and keep track of the release of new digital coins.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/801bffee-c73e-4b87-8033-53b50543b00c

The highly powerful miners have been developed for Bitcoin and Litecoin, two of the most popular cybercurrencies in the global market. pH Miners is also offering special discounts to customers who purchase more than two units at a time.

“This is an exciting time in the cryptocurrency market, and it’s a great opportunity for us to release these two miners to people across the globe,” said Eric Franklin, CEO of pH Miners. “Both Bitcoin and Litecoin have risen in value and popularity over the past several years, and more and more people, financial institutions and organizations are looking at them as viable alternatives to more traditional, government-created currencies. After a great deal of hard work from our team, we are very pleased to officially launch these innovative cybercurrency miners.”

The Bitcoin Miner 25TH/s gives individuals the ability to quickly and efficiently process digital transactions, while more easily monitoring new digital coins. Retailing at $3,000, it comes with everything users need to operate the miner, including cabling, casing and the control unit. Because of this, the unit is quick and simple to set up and operate.

The Litecoin Miner 1000MH/s offers much of the same capabilities, along with allowing users to mine both Litecoin and various other cybercurrencies on a global scale. Like the Bitcoin Miner 25TH/s, it has gone through extensive testing across multiple stages of the manufacturing process, enabling pH Miners to ensure the top standards of quality and assurance.

Based in New York, pH Miners Inc. uses only the best components and materials in creating its highly effective cryptocurrency miners. This makes the company’s products incredibly durable and long-lasting, backed by the expertise of its team of specialists who have years of experience working with both Litecoin and Bitcoin hardware.

pH Miners only accepts payment in Bitcoin and provides shipping to anywhere in the world—via FedEx or UPS—at no extra charge. Its miners also come with an extended 15-year warranty.

Above all else, the team at pH Miners aims to leverage its proprietary components to provide high-tech solutions for users to profitably mine cybercurrencies. All of its hardware, including the chips that run its miners, is made at the company’s partner facilities in Asia, allowing pH Miners to deliver high-quality, yet affordable, products.

Customers can learn more about the discounts after making a purchase and speaking with a member of the pH Miners team. To learn more about the company and its newly launched products, go to http://www.phminers.com.

Please direct inquiries to:
Eric Franklin, pH Miners Inc.

South Africa: President Zuma announces date for the Local Government Elections

Pretoria – President Jacob Zuma is pleased to announce the date for the next Local Government Elections today.

The elections will take place on 03 August 2016.

The Minister of Cooperative Governance and Traditional Affairs will follow the necessary legal procedure to proclaim the date and undertake any other requirements.

The President has further encouraged all South Africans who are eligible to vote, in particular, the youth who would be voting for the first time, to register for the local elections during the voter registration weekend of 9-10 April 2016, as announced by the Independent Electoral Commission (IEC).

“We urge all those who are eligible to vote register to vote and those who have not checked their names to do so on Saturday and Sunday this weekend so that together we continue to re-affirm and deepen our democracy,” said President Zuma.


South Africa: Local Elections to Be Held On 3 August

Pretoria – President Jacob Zuma has announced that the next Local Government Elections will take place on 3 August 2016.

The Minister of Cooperative Governance and Traditional Affairs will follow the necessary legal procedure to proclaim the date and undertake any other requirements, the Presidency said in a statement on Wednesday.

The President has encouraged all South Africans who are eligible to vote, in particular the youth who will vote for the first time, to register during the voter registration weekend.

The Independent Electoral Commission will host the final voter registration weekend on 9 and 10 April 2016.

“We urge all those who are eligible to vote, to register to vote and those who have not checked their names to do so on Saturday and Sunday this weekend, so that together we continue to re-affirm and deepen our democracy,” said President Zuma.


Eskom commended for progress

Pretoria – Public Enterprises Minister Lynne Brown on Wednesday commended Eskom on progress it has made with executing its build programme.

Addressing a Public Enterprises Portfolio Committee meeting, Minister Brown said the success can be attributed to stable leadership, execution of the maintenance plan, delivery of the build programme and financial sustainability.

In the last year, she said the power utility has made great progress with the execution of the build programme, including the delivery of the Medupi and Kusile power stations as well as the Ingula pumped storage scheme.

“Over the last month, we have seen the delivery of two units at Ingula adding 666 MW to the national grid. This is greatly commendable and I am confident that I have the right team at Eskom to execute,” said the Minister.

The company, she said, has also seen great improvement in leadership stability with the board and management having been able to demonstrate sound performance and governance with all the executive roles filled.

Keeping the lights on

Eskom has also seen significant improvement in the execution of maintenance that ensures required maintenance is executed while the lights stay on.

“Load shedding has become a thing of the past and I am very comfortable with the approach taken. The usage of diesel has also reduced significantly, with the monthly budget reduced from almost R1 billion per month to R40 million per month.

“The Group Chief Executive Officer Brian Molefe has assured me that there is no prognosis for load shedding over the winter months,” said Minister Brown.

Improvement in Eskom finances

There has been an improvement in the company’s financial position, particularly liquidity, despite the unfavourable decisions from the National Energy Regulator of SA (Nersa).

“The company has worked diligently with my department to ensure compliance with equity conditions set by the Minister of Finance to ensure financial improvement and compliance,” said Minister Brown.

Over the next year, Eskom will focus on the delivery of the additional units, achieving cost cutting measures, strengthening the transmission grid to support the Independent Power Producer programme and electrification expansion.

“This turnaround approach can be replicated at all the other state owned companies (SOCs), even outside of the Department of Public Enterprises, as a dashboard for operational performance and sustainability,” said Minister.

The Minister told the portfolio committee that the global economy has been facing serious head winds that have posed challenges to most emerging market economies, including South Africa.

“This has made the implementation of our policies and programmes more challenging. In 2016, the economy is expected to grow below 1%. Our focus is to ensure that we turn the growth story around and position our SOCs to drive economic recovery and set the economy on the growth trajectory with better developmental outcomes.”

The department’s position, she said, is to ensure that it leverages its SOCs to drive the industrialisation programme, accelerate transformation of the economy and support Africa’s development.


Minister Brown said there is stability in SOCs, with Denel’s incoming board of directors having reviewed their strategy.

“The focus of the Board in the medium term will be on improving cash management focused on improving working capital management and opening new markets through strategic partnerships in identified markets.”

In addition, the cash situation at the SOC has stabilised and the R850-million note brought to the market in quarter four of 2015/16 by the company was over-subscribed, showing market confidence in the interventions at the company.

Progress at other SOCs

The Minister told the committee that Alexkor is continuing to show pleasing progress in its recovery and operations.

The Board of Safcol, meanwhile, has reviewed its strategy and it is placing greater emphasis on beneficiation without compromising saw log security of supply to SMME sawmills.

“The SOC has developed plans to upgrade the Timbadola sawmill in Limpopo and the re-establishment of a Sabie sawmill complex. This will have a positive impact on the SOC’s plans to stimulate the furniture manufacturing and timber-framed building industries in these rural regions of our country.”

In the wake of slow and declined economic growth, Transnet continues to drive a countercyclical investment strategy.

“The company is rephrasing its investment plan to a longer-term plan in order to better align capacity creation to expected demand. Transnet is also shifting its focus towards capturing greater market share in the domestic market and extending its footprint in the wider African market,” the Minister said.

Meanwhile, SA Express is working towards achieving financial sustainability amidst a very difficult operating environment in the aviation sector as well as a generally weak global economic environment.


Government encourages communities to participate in the Imbizo Focus Week activities

The fourth National Imbizo Focus Week of the current administration is gaining momentum countrywide and over forty events are currently underway until the 10th of April 2016. Members of national, provincial and local government are interacting with communities across the country throughout the week. The Imbizo activities comprise door-to-door, household, and project visits, as well as stakeholder and community engagements. Communities also interact with their leaders on their local community radio stations.

Through the Imbizo Focus Week, government also have an opportunity to advance awareness and understanding of the Nine-Point Plan which supports the implementation of the National Development Plan (NDP) and is intended to ignite and propel economic growth and job creation.

Since Monday, eight Izimbizo have already taken place including the official opening of the week by the Acting Minister of Communications, Mosebenzi Zwane in Ga-Seleka Community Hall in Lephalale on Monday the 04th of April 2016.

Today, the Minister of Cooperative Governance and Traditional Affairs, Des Van Rooyen is in Mogalakwena Local Municipality, Limpopo Province meeting with traditional leaders and community members.

Deputy Minister of Basic Education, Enver Surty is in Sophakama Primary School, Dunoon in Cape Town to monitor the progress made by the school since the handover of R40 Million state of the art school facility in June 2015. The Deputy Minister will also hand out 2000 food parcels to learners at the school.

On Thursday 07 April 2016, Minister Mosebenzi Zwane will host an Imbizo at Umzumbe Municipality, Ndumakude Community Hall, Ward 13 to engage with communities on mining developments in the KwaZulu-Natal Province. The Deputy Minister of Telecommunications and Postal Services Prof Hlengiwe Mkhize will be in Ekurhuleni Metropolitan Municipality in Tsakane Community Library to engage the youth and community members in the context of the Creation of Smart City Connectivity for improved quality of life.

Deputy Minister of Rural Development and Land Reform, Candith Mashego-Dlamini will embark on a follow up visit to AgriPark Production site, Ngangengqili Custom Feed and Milling Plant in Mqanduli, Eastern Cape Province. The Deputy Minister of Trade and Industry, Mzwandile Masina will visit Modder River Richview to officially open the GWK Food Processing Factory in Kimberly, Northern Cape Province.

“Government calls on all citizens to attend Izimbizo activities which will be happening in their respective communities and participate in the dialogues and jointly play a role in achieving the objectives outlined in the National Development Plan” said the Acting Cabinet Spokesperson, Phumla Williams.

For updates during Imbizo Focus Week, follow at @GCISMedia @SAGovNews and @GovernmentZA, join the conversation on social media using the hashtag #ImbizoWeek or #9PointPlan. The full programme can be found on the government website www.gov.za.

Source: Government Communication and Information System Republic of South Africa