Bradley Prior

South Africa

Senior Journalist at MyBroadband

MyBroadband tech journalist. Digital addict. Views expressed are my own.

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dailyinvestor.com

Articles

The man who became a billionaire through fake fighting

Jan 2, 2025 | dailyinvestor.com | Bradley Prior

The recent Mr. McMahon documentary shed light on the complex professional and personal life of World Wrestling Entertainment (WWE) founder and billionaire Vincent K McMahon. While McMahon’s legacy is open to debate, what is clear is that he turned a regional wrestling company into a global phenomenon worth billions. It is up to the individual whether this is the result of immense business acumen or an inherent ruthlessness in exploiting an already powerful market position.
Moneyball - When sports teams embrace investing principles

Dec 21, 2024 | dailyinvestor.com | Bradley Prior

The professional sports industry is full of hugely popular teams with large chequebooks. There are also many smaller teams that are desperate to compete despite their lower financial and reputational standing. The best way for these teams to succeed is the Moneyball theory which attracted mainstream interest as a result of the popular 2011 Brad Pitt film of the same name.
Top tips from the world’s most famous investors

Dec 15, 2024 | dailyinvestor.com | Bradley Prior

Investing is famously difficult, particularly if you do not have professional knowledge of the intricacies of the market. According to data from Performance Investment Group, your chances of beating the market over a single year are 25%. Over five years, it drops to approximately 0.1%. However, many world-class investors have an impressive track record of success, having achieved highly favourable results over a long period of time.
South Africa’s next major electricity crisis

Jun 15, 2024 | mybroadband.co.za | Bradley Prior

The Johannesburg and Tshwane metropolitan municipalities have implemented load reduction across several suburbs and townships to mitigate the risk of municipal grid collapse. This has caused an uproar among residents as no Eskom is load-shedding in effect. Energy expert Chris Yelland has also warned that these load reduction measures are short-term thinking to a long-term problem.
MultiChoice’s year to forget

Jun 15, 2024 | mybroadband.co.za | Bradley Prior

MultiChoice CEO Calvo Mawela told the Sunday Times that the company can “still realise a lot of cost savings without retrenchments.”This follows MultiChoice’s total revenue declining by 5% year over year and the company’s after-tax loss increasing from R2.9 billion to R4.1 billion. To arrest the decline, the company has targeted R2 billion in savings by 2025 to improve its financials.
Police nail 45 suspects in fake SIM crackdown

Jun 15, 2024 | mybroadband.co.za | Bradley Prior

The South African Police Service (SAPS) arrested 43 suspected illegal immigrants and two South Africans on Friday in a crackdown on a counterfeit SIM card operation. Police had received information about a house in Sandton where these criminal activities were allegedly occurring, and SAPS mobilised the Gauteng Organised Crime Investigation Unit to move on the house.
New housing scam hits South Africa

Jun 15, 2024 | mybroadband.co.za | Bradley Prior

Experts have warned of a new government housing scam that has hit South Africa. Jackie Smith, Head of Buyers Trust, explained that malicious parties have contacted Kraaifontein residents, informing them that they have been approved for a free RDP home in the Maroela housing scheme. In reality, this project will only be completed in mid-2025. The criminals then ask victims to pay a registration fee to become eligible.
Zimbabwe approves Starlink - But South Africa remains in the dark

May 25, 2024 | mybroadband.co.za | Bradley Prior

The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has approved Starlink’s licensing in the country. The country’s president, Emmerson Mnangagwa, announced this development in a post on X on Saturday. “The entry by Starlink in the digital telecommunications space in Zimbabwe is expected to result in the deployment of high speed, low cost, LEO internet infrastructure throughout Zimbabwe and particularly in all the rural areas,” said Mnangagwa.
Eskom wants electricity prices overhauled

May 25, 2024 | mybroadband.co.za | Bradley Prior

Eskom has applied to Nersa for a review of its tariff structures before opening up South Africa’s electricity market. Speaking to the Business Times, Eskom CFO Calib Cassim said that Eskom needed to prepare for the implications of its unbundling — including the National Transmission Company South Africa (NTCSA) coming into operation in July. “We’ve [learned a lot] from our journey on transmission into NTCSA. We would then take that on board as we embark on the distribution unbundling,” said Cassim.
ICASA recommends R500,000 fine for SABC after refusing to play DA advert

May 24, 2024 | izmu.co.za | Bradley Prior

ICASA’s Complaints and Compliance Committee has recommended that the SABC should be fined half a million rand for refusing to play a Democratic Alliance (DA) advertisement. The committee’s chair, Judge Thokozile Masipa, also recommended that ICASA direct the SABC to end its refusal to broadcast the advertisement. The DA’s advert, which depicted the national flag burning, had been labelled treasonous by President Cyril Ramaphosa.