Word: majors
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...venture-capital fund for local black entrepreneurs who were setting up small businesses. Mainly these businesses were aimed at supplying services and goods to Anglo American mines. This project not only provided financing, it gave training. It also provided access to the purchasing managers of a major multinational. So, it was an excellent project which helped local communities and leveraged the expertise of the company itself...
...that it understands more about the issues. The real question is, who adds value most? Also, charities today can become commerce tomorrow. A Vodacom project to provide micro-financing to local entrepreneurs bringing mobile communications to remote areas of South Africa is on the cusp of becoming a major business...
...airline, after his four years as boss of the Irish carrier Aer Lingus "was easy," says Walsh. "I just multiplied everything by 10." That applied to problems too. When he arrived, the company's pension fund was short by almost $3 billion, more than the shortfall at any other major British firm. And the payroll for BA's 46,000 employees sucked up a bloated 30% of its costs...
Walsh will have to push hard into other markets to compensate for this hit. Next summer BA plans to launch a new service between the U.S. and major business centers in Continental Europe, flying reconfigured 757s from its existing fleet. While Walsh is guarded about the details, "getting a new airline up and running in a little over 12 months," as he sees it, "is a great test of how quickly we can respond." And if things take off, he's even promising to share the acclaim...
...major benefit of a mesh network over an infrastructure network is that it is cheaper since it requires fewer access points and therefore less wiring and installation...