Jannie Marais
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Jannie Marais
Johannes Henoch Marais (8 September 1851 – 30 May 1915) was a South African mining magnate, politician and philanthropist who co-founded the multibillion-dollar media conglomerate Naspers and the University of Stellenbosch. He was affectionately known as Jannie in Dutch. Early life and career Marais was born on 8 September 1851 on the wine estate Coetsenburg in Stellenbosch, the youngest of ten children. He was educated at the Stellenbosch Gymnasium. In 1870, at the age of 19, he joined 3 of his older brothers who were prospecting for diamonds along the Vaal River. The following year, they went to New Rush, as Kimberley was then known. There, Marais earned a fortune. In 1880, he combined several mining interests to form the Kimberley Central Mining Company in which his brothers also had valuable shares. Later, the mining concern merged with De Beers Consolidated Mines and the brothers gained substantial interests in the company. Jannie Marais returned to Coetsenburg in 18 ...
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Coert Steynberg
Coert Steynberg (7 January 1905 – 28 July 1982) was a renowned South African sculptor, and medallist, who worked in stone, marble, bronze, copper and wood. His work is represented nationwide and internationally, including a statue of Bartholomew Dias in South Africa House in London, a monument to Andries Pretorius in Graaff-Reinet, and the Peace of Vereeniging monument in Vereeniging. He was the son of Johannes Lodewikus and Magdalena Susanna (Née Hamman). He married Elizabeth Johanna Maria Bosman. Steynberg is best known for sculpting a statue of Paul Kruger, found at the Kruger-gate, Kruger National Park. His most famous coin design is the pronking springbok on all gold Krugerrands. The springbok design was reused on the 5 shilling and 50 cents crowns from 1947 to 1964, the gold 1/2 Pound and 1 Pound coins of the 1952-60 issues, the gold 1 Rand and 2 Rand of the 1961-83 issues, and on the Krugerrand medal-coin Non-circulating legal tender (NCLT) refers to coins that are ...
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De Beers Consolidated Mines
De Beers Group is an international corporation that specializes in diamond mining, diamond exploitation, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is active in open-pit, large-scale alluvial and coastal mining. It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly. Competition has since dismantled the complete monopoly; the De Beers Group now sells approximately 29.5% of the world's rough diamond production by value through its global sightholder and auction sales businesses. The company was founded in 1888 by British businessman Cecil Rhodes, who was financed by the South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank. In 1926, Ernest Oppenheimer, a German immigrant to Britain and later ...
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Cape Town
Cape Town ( af, Kaapstad; , xh, iKapa) is one of South Africa's three capital cities, serving as the seat of the Parliament of South Africa. It is the legislative capital of the country, the oldest city in the country, and the second largest (after Johannesburg). Colloquially named the ''Mother City'', it is the largest city of the Western Cape province, and is managed by the City of Cape Town metropolitan municipality. The other two capitals are Pretoria, the executive capital, located in Gauteng, where the Presidency is based, and Bloemfontein, the judicial capital in the Free State, where the Supreme Court of Appeal is located. Cape Town is ranked as a Beta world city by the Globalization and World Cities Research Network. The city is known for its harbour, for its natural setting in the Cape Floristic Region, and for landmarks such as Table Mountain and Cape Point. Cape Town is home to 66% of the Western Cape's population. In 2014, Cape Town was named the best place ...
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Worcester, Western Cape
Worcester ( ) is a town in the Western Cape, South Africa. It is located north-east of Cape Town on the N1 highway north to Johannesburg. Being the largest town in the Western Cape's interior region, it serves as the administrative capital of the Breede Valley Local Municipality and as regional headquarters for most central and Provincial Government Departments. The town also serves as the hub of the Western Cape's interior commercial, distribution and retail activity with a shopping mall, well developed central business district and infrastructure. Worcester is located at an elevation of and can be reached by road either travelling on the N1 highway through the Huguenot Tunnel or by driving through spectacular mountain passes. From Cape Town Du Toitskloof, from Wellington Bainskloof, from Malmesbury, Western Cape Nieuwekloof, from Ceres Mitchells, from Robertson Goree, from Hermanus Rooihoogte and from Johannesburg Hex River, with vistas over the Hex River Valley. Geograph ...
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Bequeathed
A bequest is property given by will. Historically, the term ''bequest'' was used for personal property given by will and ''deviser'' for real property. Today, the two words are used interchangeably. The word ''bequeath'' is a verb form for the act of making a bequest. Etymology Bequest comes from Old English ''becwethan'', "to declare or express in words" — cf. "quoth". Interpretations Part of the process of probate involves interpreting the instructions in a will. Some wordings that define the scope of a bequest have specific interpretations. "All the estate I own" would involve all of the decedent's possessions at the moment of death. A ''conditional bequest'' is a bequest that will be granted only if a particular event has occurred by the time of its operation. For example, a testator might write in the will that "Mary will receive the house held in trust if she is married" or "if she has children," etc. An ''executory bequest'' is a bequest that will be granted only ...
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Market Cap
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is al ...
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Media (press)
The news media or news industry are forms of mass media that focus on delivering news to the general public or a target public. These include News agency, news agencies, printing, print media (newspapers, newsmagazine, news magazines), News broadcasting, broadcast news (radio news, radio and television news, television), and the internet (online newspapers, online news magazines, news websites etc.). History Some of the first news circulations occurred in Renaissance Europe. These handwritten newsletters contained news about wars, economic conditions, and social customs and were circulated among merchants. The first printed news appeared by the late 1400s in German pamphlets that contained content that was often highly sensationalized. The first newspaper written in English was ''The Weekly Newes,'' published in London in 1621. Several papers followed in the 1640s and 1650s. In 1690, the first American newspaper was published by Richard Pierce and Benjamin Harris in Boston. How ...
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Multi-national Company
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism T ...
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Die Burger
''Die Burger'' (English: The Citizen) is a daily Afrikaans-language newspaper, published by Naspers. By 2008, it had a circulation of 91,665 in the Western and Eastern Cape Provinces of South Africa. Along with ''Beeld'' and ''Volksblad'', it is one of three broadsheet dailies in the Media24 stable. History On 18 December 1914, sixteen prominent Afrikaners Afrikaners () are a South African ethnic group descended from Free Burghers, predominantly Dutch settlers first arriving at the Cape of Good Hope in the 17th and 18th centuries.Entry: Cape Colony. ''Encyclopædia Britannica Volume 4 Part 2: ... gathered in Stellenbosch to discuss the establishment of a national newspaper. With considerable financial support from local philanthropists Jannie Marais, Jannie and Christiaan Marais, purchased a quarter of 20,000 £1 shares in the new holding company, the project soon got off the ground, with the founding of ''De Nasionale Pers'' ("the National Press") and the selection o ...
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Afrikaans
Afrikaans (, ) is a West Germanic language that evolved in the Dutch Cape Colony from the Dutch vernacular of Holland proper (i.e., the Hollandic dialect) used by Dutch, French, and German settlers and their enslaved people. Afrikaans gradually began to develop distinguishing characteristics during the course of the 18th century. Now spoken in South Africa, Namibia and (to a lesser extent) Botswana, Zambia, and Zimbabwe, estimates circa 2010 of the total number of Afrikaans speakers range between 15 and 23 million. Most linguists consider Afrikaans to be a partly creole language. An estimated 90 to 95% of the vocabulary is of Dutch origin with adopted words from other languages including German and the Khoisan languages of Southern Africa. Differences with Dutch include a more analytic-type morphology and grammar, and some pronunciations. There is a large degree of mutual intelligibility between the two languages, especially in written form. About 13.5% of the South ...
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Malmesbury, Western Cape
Malmesbury is a town of approximately 36,000 inhabitants in the Western Cape province of South Africa, about 65 km north of Cape Town. The town is the largest in the Swartland (‘black land’) which took its name from the Renosterbos ('rhino bush'), an indigenous plant that turns black in the warm, dry summers. The area is especially known for its grain and wine cultivation as well as sheep and poultry farming. Malmesbury was named after Sir Lowry Cole's father-in-law, the Earl of Malmesbury. Settlers were encouraged to make their homes here because of a tepid sulphur chloride mineral spring that was renowned for curing rheumatism. The first farms were allocated in 1703. When the fifth Dutch Reformed congregation in the Cape was established here, it became known as Zwartlands-kerk (Swartland Church) but was renamed Malmesbury in 1829. The town acquired municipal status in 1860. The town no longer attracts the ailing because this aspect was never developed by the local aut ...
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Distell Group Limited
Distell Group Limited, commonly referred to as Distell, is a multinational brewing and beverage company, based in South Africa. Overview Distell Group Limited is a producer and marketer of spirits, fine wines, ciders and ready-to-drinks. The group's headquarters are in Stellenbosch, South Africa. As at February 2014, Distell had 5,300 employees worldwide and an annual turnover of ZAR 17.7 Billion. History Distell Group Limited traces its roots to two major alcoholic beverage companies in South Africa, Stellenbosch Farmers' Winery (SFW) and Distillers Corporation, that merged on 4 December 2000. Merger Stellenbosch Farmers' Winery Stellenbosch Farmers Winery Group (SFW) the founder member of Distell Group was formed in 1925 by William Charles Winshaw, an American medical doctor. As at the year 2000, SFW produced and distributed wine and spirits as well as non-alcoholic beverages through retail outlets South Africa and across the world. In 1956 Stellenbosch Farmers Winer ...
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