Libya's wireless web access leap

Libya's wireless web access leap (Source: BBC News)

WiMax does not rely on sometimes poor conventional wire infrastructure

Libya's only internet service provider is launching its first commercial wireless network which it says is one of the most advanced in the world. The state-owned firm said only a handful of countries have rolled out the advanced internet connection known as WiMax on such a wide scale.

Libya Telecom and Technology aims to start with WiMax coverage, including a mobile feature, in 18 cities. Africa is seen as a potentially huge market for WiMax technology.

The network is meant to be cost effective in the long run and does not depend on often poor conventional wire infrastructure. Anyone with a simple USB device which can be plugged into a laptop can connect to the internet within 50km (30 miles) of any WiMax tower.

The BBC's Rana Jawad in Tripoli says six years ago most Libyans depended on internet cafes to connect to the web, but technology has moved a long way since then. The new WiMax network, which has a capacity for 300,000 subscribers, will begin taking on business clients from next week and individual customers the week after.

Massive pressure

Our correspondent adds that other African countries like the Democratic Republic of Congo and Nigeria also have WiMax networks, but their coverage is more fixed and limited. There are an estimated 51,000 broadband subscribers in Libya and some 170,000 still depend on the much slower dial-up internet.

Both of these connections need a fixed phone-line, a service that has come under massive pressure in recent years because the available infrastructure is outdated and limited in coverage. As well as rural areas cut off from modern technology, new housing - even in the capital Tripoli - is being built in areas with poor land-line infrastructure, says our correspondent.

The WiMax network is meant to do away with all these hurdles and bridge the digital divide, making the internet available to people across the country. Libya Telecom and Technology said the new service would cost $30 (£21) per month - twice the existing cost of broadband - although prices are expected to drop in the long-run.

But our correspondent says it will be difficult for the average Libyan to afford the initial cost of the new WiMax service. It requires a one-year advance payment of around $400 (£290), including the cost of a USB device.

Black high­flyers are still hitting glass ceiling

Black high­flyers are still hitting glass ceiling

By Maxine Myers (Source: The Voice)

THE GLASS ceiling is still pre­venting black managers from.stepping up into executive jobs despite a range of Government diversity initiatives over the last few.years, new research says.

Boardrooms across the public and private sectors remain white, says a report, Race to the Top, by the charity Business in the Community (BITC).

The organisation analysed data between 2000 and 2007 and concluded that management prospects are dispropor­tionately bleak for black people, nd likely to worsen over the ext decade unless action is taken.

Sandra Kerr, National Director for the BITC’s Race for Opportunity campaign, called the findings "devastating': "There is definitely a need to put this at the heart of the agenda for Government and business," she said.

                                         

The report also states that since 2000 a number of Government-led legal measures and race quality initiatives designed to increase top-level opportunities for black man­agers have had minimal impact. Kerr said that now was a time for solutions.

“Chief executives need to walk into their boardroom, take a look around and ask themselves 'does this represent in anyway, shape or form what I see around me when I walk around street every day?”

They need to do something about it"

A beginner’s Guide to Wealth Creation [2/2]

A beginner’s Guide to Wealth Creation, How to invest and keep your money
 
Source: The Voice

What has the response been like to your book so far?

We've had people saying that they wish they had got this book sooner. There are so many books of this kind in the market, I'm sure you are aware, but they are filled with a lot of jargon, but our book talks directly to the reader in a language that they can understand.

What would your advice be to people who are worried about the economic downturn right now?

In relation to the economic downturn there's a chapter in our book called, The Economic Cycle. Yes there is a credit crunch at the present time and yes there is a looming recession, however this is the best time to buy as prices are falling so you'll get the best possible price. Shares have trebled and properties have tumbled - it's a buyers market. It's not good to sell right now, but if you can afford to invest this is definitely the time to do it.

What are the common mistakes that people make when It comes to money?

People get carried away with money. For example, a lot of people think that money, is free and they run up tabs Without a thought of how they will pay it back and then try and invest in get rich quick schemes. We are not advocating any get rich quick schemes because anything that comes easily can be lost easily. Take time to build your wealth because then you will have the mindset and the skills to retain your wealth. Get rich quick schemes arc: great in. the short term, but within two years that person will find themselves in the red again. For those who are closely monitoring their wealth as they: go along, you find that they have the technical skills, the financial know-how and are able to reinvest the money they have made along the way.

Taiwo and Kehinde Adesina are also authors of A Simple Guide To UK Immigration and Becoming All You Can Be. For more Information contact Miriam Amony on 0845 003 7729.

A beginner’s Guide to Wealth Creation [1/2]

A beginner’s Guide to Wealth Creation, How to invest and keep your money

Source: The Voice

ACCORDING TO sisters Taiwo and Kehinde Adesina, authors of the book, A Beginners Guide To Wealth Creation, attaining financial freedom is all about changing your mindset. As London-based lawyers, writers and property investors, the Adesina's know all too well about the mistakes that can be made when you enter the financial world prematurely and have used their know­-how to compose their self-help book. This week they tell Your Money (The Voice) readers, about how to invest and safeguard your money.

Why did you decide to write A Beginners Guide To Wealth Creation?

We wrote the book together because as property investors we have made a lot of mistakes along the way and wanted to make sure that our readers didn't make the same mistakes. We hope that by using our experiences people will thrive in finance. The Beginners Guide To Wealth Creation is not a quick-fix scheme; that's not something that we advocate. It outlines step-by-step procedures to creating wealth.

What are the common mistakes people make when investing in property?

Buying property in the wrong location or giving money to middle men who claim they are working on behalf of the property companies, only to find out that this is not the case. It could also be investing in the wrong stock. This is why we decided to write a book to tell the rest of the world.

Can anyone read this book or is It specifically for those interested in property investment only?

Anyone can read this book. It has been simplified and is a step-by-step guide for anyone who is interested in making and retaining wealth to pick it up and follow it. We've sold a number of

books and people have come to us and said that they like the way the book is laid out with clearly labelled sections that is specific for your needs and questions. The way you feel about yourself will determine how far you go in life. Once you overcome the challenges you can then start on the Journey of wealth creation.

Taiwo and Kehinde Adesina are also authors of A Simple Guide To UK Immigration and Becoming All You Can Be. For more Information contact Miriam Amony on 0845 003 7729.