N E W S L E T T E R - O F - 3 1 - J U L Y - 2 0 0 3


The Delamere-International Newsletter ©

Edition of 31 July 2003 #125


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This Month's Sponsor
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TELECOMMUNICATIONS PROVIDER TELESTIAL INC, RECENTLY INTRODUCED HOPABOARD. An international cell phone service for U.S. travelers, "HopAboard" provides users with one cell phone number that works in more than 70 countries worldwide. Rates are 35 cents per minute for incoming calls and 95 cents per minute for outgoing calls regardless of where calls originate or are received.

Ken Grunski, founder and president of Telestial Inc., said HopAboard is a response to travelers' ever-increasing reliance on cell phone technology combined with the fact that most U.S. cell phones don't work outside North America. "HopAbroad" relies on Global Services for Mobile (GSM) technology and automatically connects to the strongest signal in each country.

For more information visit this link.

 

IN THIS ISSUE

1. Business: A bold step to block money laundering in South Africa
2. Business: Choosing the Best Type of Investments
3. Business: Invest in Gold Now
4. Business: South African Shares are Cheap
5. Business: Commercial telephone calls are now being blocked in the USA
6. Business: India starts to reap benefits of free market reforms
7. Business: New Convention Centre Opens in Cape Town's Waterfront
8. Business: Russians open up aircraft factory in Namibia
9. Business: South Africa the crime & corruption capital of the world?
10. Business: South Africans Holding Offshore Funds.
11. Business: South Africans working abroad
12. Business: Trade between South Africa & India
13. Business: Watch Your Manners When Negotiating
14. Business: What sort of investor are you?
15. Education: A collection of animal sounds
16. Education: Commonwealth Institute confronts education challenge
17. Education: The end of the GCE UK Examination System
18. Travel: History of Kenya
19. Travel: British Heritage to be preserved
20. Travel: Cost of a UK Passport to be increased
21. Travel: International Travel on the move
22. Travel: The International Drivers' Permit (IDP)
23. Travel: Travel Warnings
24. Travel: Visit the Tate Gallery London
25. Travel: Which visa to use by Irish visitors?
26. Travel: Visitors to the USA
27. Immigration: New Zealand Immigration Rules to change
28. Immigration: Services in the UK will cost you
29. Immigration: Visitors to the UK

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1. Business: A bold step to block money laundering in South Africa
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Cape Town - Opening a new bank account from Monday is going to get just a little more time consuming because new anti-money laundering legislation taking effect on that day will require customers to provide banks with additional personal information.

The Financial Intelligence Centre Act 2001 aims to bring South Africa in line with international standards by combating money laundering and identifying the proceeds of illegal activity. It also imposes duties on institutions such as banks and their employees when they encounter incidents of money laundering. A Financial Intelligence Centre was established on February 3 this year to receive and analyse reports of suspicious and unusual transactions. To read the full story, go to our NEWS DESK link.

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2. Business: Choosing the Best Type of Investments
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Do you feel daunted about choosing an investment? It's little wonder, given the thousands of options on offer locally and abroad.

Here's how to cut through the confusion as you narrow your hunt for the best possible investment: To read more on the 9 essential steps to consider, visit this link.

Editor's Note: Our firm is currently offering a FREE 190 page e-book that contains a wealth of free information and charts for traders and investors interested in technical analysis! Download the E-Book by contacting our firm or by visiting our page on Investing.


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3. Business: Invest in Gold Now
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JOHANNESBURG - Controversial gold analyst Nick Goodwin has turned bullish on gold metal and shares, calling for a run in bullion to $400/oz before the end of the year; but he warns that his optimism is only temporary. To read the full story, go to our NEWS DESK link.


Editor's Note: We are currently advising all of our clients to buy gold coins or bullion or if this is a problem, then buy gold shares. If you need advice on the best method of buying using the Internet please contact us or visit our page on Investing.


We also have a page that you can "bookmark" which gives the current prices in real time, of all precious metals. Visit this page.


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4. Business: South African Shares are Cheap
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Despite the dull performance from local equities over the year to date, UBS Warburg believe there is a reasonable case to be made for adding South African stocks to an emerging market portfolio.

Their analysis is not without caution, though. To read the full report, go to our NEWS DESK link.


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5. Business: Commercial telephone calls are now being blocked in the USA
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The new "National Do Not Call Registry."

You can use this site to register your personal home and cell phone numbers to avoid most telemarketers, who as of fall, 2003 cannot call your telephone number if it is in the "National Do Not Call Registry." Also verify your registration, change it, or file a complaint about failure to honor this registry.

From the Federal Trade Commission (FTC).


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6. Business: India starts to reap benefits of free market reforms
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New Delhi - As one of the six fastest growing economies in the world, India was beginning to reap the benefits of free market reforms launched more than a decade ago, analysts and government officials said yesterday.

Sunil Kant Munjal, the vice-president of the Confederation of Indian Industry, said the gamble with politically sensitive reforms such as privatisation of state-run firms and opening the telecommunications, motor and power sectors had paid off. To read the full story, go to our NEWS DESK link.

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7. Business: New Convention Centre Opens in Cape Town's Waterfront
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Young international pop violinist Vanessa Mae will perform at the opening of Cape Town's convention centre, chairperson of the centre's board Ebrahim Rasool said on Wednesday. To read the full report, go to our NEWS DESK link.


For additional information about the opening night, read this report from one of our clients in Cape Town. Click here.

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8. Business: Russians open up aircraft factory in Namibia
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Windhoek - A Russian company, Mars, planned to set up a multimillion-dollar aircraft manufacturing plant at Keetmanshoop, south of the Namibian capital. To read the full story, go to our News DESK link

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9. Business: South Africa the crime & corruption capital of the world?
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"We're working with a bunch of criminals" our reporter in Cape Town told us. South African companies head the world list of white-collar crime when it comes to fraud, asset theft, corruption and bribery. To read the full story, go to our NEWS DESK link.

Editor's Note: Our firm has first hand experience of this terrible situation as we discovered senior staff members of one of our business holdings in Cape Town to be criminal and in league with the local police to the extent that all charges, dockets and files regularly disappeared when we tried to pursue charges against these culprits. Read our web page on problems being experience by small businesses worldwide. Go to this link.


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10. Business: South Africans Holding Offshore Funds.
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We have received many questions about this problem and if any penalties will be levied if a South African repatriates their funds being held illegally offshore.

We suggest that our readers go the web site of one our partners and review the "Questions From Readers" on the subject "The Question Of Grey Money."

To read the full report got to our NEWS DESK link


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11. Business: South Africans working abroad
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With the exchange rate providing a strong incentive to earn foreign currency, young South Africans are keener than ever to go abroad, for the boost to their finances, as well as invaluable work experience.

We look at the potential for securing a foreign income and unravel the complicated process of entering pastures new. To read this full report, go to our NEWS DESK link.

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12. Business: Trade between South Africa & India
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The US 10-million dollar agreement was signed during the fifth India/South African Joint Ministerial Commission (JMC) meeting in Pretoria on 4th July 2003, further cementing economic ties between South Africa and the Asian sub-continent.

An agreement was signed, worth about R75-million, with Export Import Bank of India (Exim) to facilitate the export of capital goods and equipment from India to South Africa. To read the full story, go to our NEWS DESK link

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13. Business: Watch Your Manners When Negotiating
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Bangalore, India - Software professional Sudhir Udayakanth, who heads a company managing web content, lost a foreign client when one of his Indian engineers repeatedly burped at the negotiating table.

So he set up an academy seven months ago in India's technology hub of Bangalore to train code writers and engineers on how to dress, communicate and mingle in professional settings. To read the full report, go to our NEWS DESK link.


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14. Business: What sort of investor are you?
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Take this quick quiz to work out whether you should be investing in shares, bonds or keeping your money in an old sock under your mattress.

Many financial advisers size up your investment personality before making a call on where you should invest your cash. To read the full story, and take this short quiz, go to our NEWS DESK link.

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15. Education: A collection of animal sounds
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This fascinating website is part of Ohio State University, Borror Laboratory of Bioacoustics and houses one of the largest collections of recorded animal sounds in the world.

The site features a catalog and database browsable by common or scientific name of the "approximately 28,000 recordings of over 1000 species of animals." Also includes sound samples, tips for documenting recordings, and related Web links. Visit this site

Copyright 2003 by Librarians' Index to the Internet,

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16. Education: Commonwealth Institute confronts education challenge
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London. Over 500 million children have no education. In 1920, HG Wells wrote, "human history becomes more and more a race between education and catastrophe."

More than 80 years on, the Commonwealth illustrates his point with education one of its highest priorities and greatest challenges.

A seemingly rapid response to the call for cooperation and innovation has come with the announcement by the Commonwealth Institute of a pan-Commonwealth Centre for Commonwealth Education at Cambridge University, devoted to primary and secondary education.

The initiative has been greeted enthusiastically throughout the Commonwealth, from Buckingham Palace down. To read the full story, go to our NEWS DESK link.


Editor's Note: One of our clients in Cambridge is now actively setting up a service for education facilities in Southern Africa, especially Swaziland and Lesotho. If you would like to assist or donate to this fund, visit our web page.

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17. Education: The end of the GCE UK Examination System
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Moves to replace A levels and GCSEs with a new school diploma will begin in three years' time under the biggest reform of examinations for half a century. To read the full report, go to our NEWS DESK link.

Editor's Note: For an update on current trends in education services, especially online learning, visit our web page


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18. Travel: History of Kenya
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We recently had this useful site referred to us while undertaking some research into the family tree of one of our partners. "A Brief History of Lord Delamere & Kenya" and we are sure your will find it very helpful in understanding the present situation in Kenya today. Visit this site.


Editors Note: If you are interested in your family tree and family origins, visit our web page on Genealogy


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19. Travel: British Heritage to be preserved
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There are around 500,000 buildings, monuments and landscapes that are currently protected under a variety of schemes - including listed buildings, scheduled monuments and conservation areas.

The government has now put forward ideas for simplifying and improving the way our heritage is safeguarded. To read the full story, go to our NEWS DESK link.


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20. Travel: Cost of a UK Passport to be increased
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Our agent in London tells us that the price of a standard passport is to rise 36 per cent to pay for anti-fraud measures and debt from a computer fiasco. A new ten-year passport will cost £42 from October 2003, a rise of £9, which is 13 times the rate of inflation.


Editor's Note: Our travel agency at Delamere Travel offers an online service to obtain your passport from several major countries. Visit this page

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21. Travel: International Travel on the move
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PARIS - After a sharp decline because of the US war on Iraq, the outbreak of SARS and the economic downturn, international travel is expected to bounce back in the coming months, the head of the UN's World Tourism Organization said.

"We have the impression that we are coming out of the tunnel," Francesco Frangialli told a media conference in Paris. To read the full report, go to our NEWS DESK link


Editor's Note: For the latest deals on airfares and tours for your next holiday visit our site at Delamere Travel (Incorp.Boston Travel-Cape Town)

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22. Travel: The International Drivers' Permit (IDP)
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Getting a new Driver's License is just one of the many details that must be taken care of when an assignee moves to a new country. Many people think that obtaining an International Driver's License before leaving the home country will solve their problem. However, this is not the case.


The International Drivers' Permit (IDP) was established by the United Nations in 1949. It serves as a legal identification document that translates the valid country driver license into 11 foreign languages.

  • It must be issued in the country that issued the applicant's driver's license
  • Passport, visa, and valid country driver's license must also accompany the driver
  • IDP's are valid only for tourist visa status
  • The IDP is not valid in the country in which it was issued.
    (The People's Republic of China does not recognize the IDP and it does not administer it to people who have a driver's license in China.)
  • An applicant must be at least 18 years of age to obtain an IDP
  • IDP is only good for one year from the date of issuance. If the home country license expires during that year it is no longer valid
  • The IDP may not be renewed
  • The permit contains the name, photo and driver information.

    The IDP is the only "legal" permit to drive internationally. Many Internet sites offer International Driver's Licenses but many countries do not recognize these "licenses" as a legal document.

The IDP is not available via Internet or mail order.

This information by courtesy of www.themigroup.com


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23. Travel: Travel Warnings
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For our clients who are traveling this month, we advice checking the web site of the US Government, which has the latest reports from the various consulates regarding conditions and dangers, if any, of all countries of the world. click here


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24. Travel: Visit the Tate Gallery London
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"Tate Gallery: Turner Online."

This Web site is devoted to Joseph Mallord William Turner (1775 - 1851), one of Britain's most famous, and somewhat controversial, artists.

Turner displayed his first oil painting at the Royal Academy at the age of 21, and he remained actively involved at the Academy for the rest of his life. The site provides a brief biography of the artist as well as a timeline in which Turner's accomplishments are placed in the context of other political and cultural events.

Since Turner's art was somewhat controversial this site also includes feedback from other artists and writers, such as Constable, Ruskin, and Matisse.

Finally, the Web site includes Focus Sheets for teachers who take their students to Tate, the location of the national collections of British Art and international modern art. Visit this site

From The Scout Report, Copyright Internet Scout Project 1994-2003


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25. Travel: Which visa to use by Irish visitors to the USA?
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A recent case was referred to us regarding using the normal B2 Visa for a visit to the USA or using another more difficult visa because the visitors were planning a small entertainment tour of the east coast of the USA.

To read the full story, go to our NEWS DESK link.

Editor's Note: For up to date information on the various ways to visit or live in the USA, please visit our web page in Immigration.


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26. Travel: Visitors to the USA
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All visitors using the Visa Waiver program must have a machine-readable passport. Any traveler without a machine-readable passport will be required to obtain a visa before entering the country.

Mandated by the USA Patriot Act of 2001, the requirement applies to both adults and children.

As of the effective date, immigration inspectors may deny entry to travelers without machine-readable passports who attempt to enter the U.S. on a visa-waiver basis. Citizens of Visa Waiver Program countries may enter the U.S. for general business or tourist purposes for up to 90 days without a visa.

Visit the site of the US Government Department of State


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27. Immigration: New Zealand Immigration Rules to change
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Sweeping changes to immigration rules will shut the door to tens of thousands of people already in the queue to come to New Zealand.

The overhaul of immigration policy announced yesterday is also expected to mean some people already living here, but still seeking residency, will be forced to leave. To read the full story, go to our NEWS DESK link.

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28. Immigration: Services in the UK will cost you
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Foreign nationals living in the UK will have to pay the full costs of the immigration services they use from 1 August 2003, resulting in an annual saving of £90 million for the government and the taxpayers.


Postal applications will cost £155, with a premium 'same day' service for personal callers costing £250. To read full story visit this site


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29. Immigration: Visitors to the UK
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Starting November 13, 2003, Koreans who wish to stay in the United Kingdom for more than six months will require prior clearance.

The new immigration measures introduced by the UK government earlier this week will be applied to 10 non-European nations i.e. United States, Canada, Japan, Australia, New Zealand, Singapore, Malaysia, South Africa, Republic of Korea and Hong Kong.

The clearance will be issued at British embassies in the form of a sticker accompanying a photo in their passports. To read the full story, go to our NEWS DESK link.


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This month's quote
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"I do benefits for all religions. I'd hate to blow the hereafter on a technicality."
~ Bob Hope

Editor's Note: The management and staff at Delamere-Pennine Associates, mourn the sad loss of Bob Hope on 27 July 2003 aged 100, and offer their condolences to the family and close friends of Bob. For a review of his best jokes visit this link.

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Disclaimer

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Although great effort has been made in compiling and checking the information contained in this Newsletter is accurate, the publisher shall not be held responsible for any errors, omissions or inaccuracies in this electronic publication, or for any consequences arising there from.

Editorial materials published herein are provided for information only. The publisher expressly disclaims any and all liability to any person, whosoever, in respect of any loss, damage, death, personal injury or other consequences, by their use of, or reliance upon in any way, the information contained in this electronic publication.

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Copyright Notice

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Copyright 2003 by "Delamere-Pennine Associates - International Business Consultants" All Rights Reserved.

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