Star içinde SW-2021-04-16 için içindekiler tablosu

Sizwe Dlamini sizwe.dlamini@inl.co.za JSE-LISTED AYO Technology Solutions has launched a court application on Constitutional grounds against First National Bank (FNB) after the bank gave the tech firm notice to close its transactional banking facility from May 3, according to a Sens statement yesterday. The black-owned tech firm said despite its best efforts, FNB had not provided AYO with what it regarded as valid reasons for termination. “The company believes that it is entitled to fair treatment and as a result, is in the process of instituting legal proceedings against FNB for its decision to close the company’s transactional banking facility.” AYO does not have any lending facilities with FNB and is in the process of reviewing its options for transactional banking. The tech firm issued a cautionary to shareholders: “As…

EDWARD WEST edward.west@inl.co.za ACTIVITY in the commercial rental property market remains highest in the industrial and warehouse segments, a commercial property broker survey for the first quarter released yesterday by FNB showed. Industrial and warehouse property market respondents drove the activity rating in this segment to 6.51 points compared with 4.5 points in the “lockdown” second quarter of 2020. It was the third consecutive quarter in which this sector’s activity rating has increased. The retail sector also saw a strengthening in its market activity rating, to 5 points in the first quarter from 3.62 points in the second quarter of 2020. However, in line with other data, the office sector’s activity rating declined to 3.49 points from 3.70 points in the hard lockdown, leaving…

Sandile Mchunu sandile.mchunu@inl.co.za enX GROUP has entered into a share purchase agreement with Aprolis Holdings for the disposal of its subsidiary Impact Handling UK for £31 million (R617m), with the proceeds expected to be used to reduce group debt. The Impact Handling UK business provides distribution, rental and value- added services for industrial and materials handling equipment in the UK and it is the exclusive distributor for Cat Lift Trucks and Konecranes heavy duty forklifts and container handling equipment in the UK. The industrial group said yesterday the disposal represented an attractive opportunity for the company to monetise its investment at a valuation that the board believes fairly reflects the future prospects and cash flows of the business. “The disposal also allows enX to realise its investment in…

MAYIBONGWE MAQHINA THE axe is hanging over the head of Western Cape DA leader Bonginkosi Madikizela after Premier Alan Winde yesterday suspended him as Transport and Public Works MEC, pending an investigation into his qualifications. Winde announced the suspension after a meeting with Madikizela on Wednesday, when the premier raised his concerns and asked for an explanation after reports surfaced that Madikizela had misrepresented his qualifications. Turn to Page 2…

From Page 1 “The report we received from the SGB is that by morning they had issued two suspension letters, one the police arrested and another learner. The learners should appear for disciplinary hearing on April 22,” she said. Chuene said if more information came to light, there might be more suspensions. The police arrested a 15-year-old schoolgirl who allegedly assaulted Lufuno on Wednesday. Speaking to Newzroom Afrika yesterday, the grandfather of one of Lufuno’s alleged bullies, said the family were concerned that if the she slept alone, she would also attempt suicide. He said the family attempted counselling as a family to deal with the young girl’s trauma. The TV news station has reported the learner had been placed under suicide watch. | @Chulu_M…

A farming opportunity, prime office space in Sandton, a Cape Dutch home with income-producing cottages and a property in Paarl in the Western Cape are just a few of the properties on BidX1’s online auction on April 29. The 1 655 hectare farm, outside the Alma in Limpopo, has an opening bid of R15 million. “Located in a malaria-free area, with game farms and private game reserves in the surrounding area, the farm includes a livestock farming and irrigated cropping operation, multiple residences and sheds, including a cattle shed,” says MC Du Toit, chief executive of BidX1 SA. A grand six-bedroom Cape Dutch home in Skeerpoort, Remhoogte, North West, which has six income-producing cottages and fronts onto the Magalies River, has an opening bid of R4m while three offices in…

STAFF REPORTER LENOVO looked into the behaviours of people in the workplace through a global survey of more than 8 000 employees. The study revealed that more than 80% of people expected to continue working remotely for at least half of the work year. Other findings included 70% of global employees surveyed report higher job satisfaction and 56% feel more productive at home. Employees prefer the flexibility of working remotely, with 88% of participants from large companies wanting to work from home (WFH) or work from anywhere (WFA) at least some of the time. Data security ranks as the number one most time-consuming challenge among IT departments, study shows, with IT decision-makers feeling more prepared to deal with another pandemic than security threats. According to Lenovo’s new Future of…

BOITUMELO METSING boitumelo.metsing@inl.co.za RHODES university athlete Jonathan Benjamin is gearing up to represent South Africa at the World Triathlon Championships to be hosted in Canada later this year. Benjamin, 24, an Environmental Sciences Masters candidate at the university, recently scooped the crown in the South African Triathlon championships – which qualified him for the world championship in Edmonton, Canada, in August. Benjamin said he was thrilled to be competing in Edmonton, adding that he had participated in the South African championships just for the experience, not expecting to win, and just hoping for the chance to go to the world championships. “I am very excited; I only participated in the SA championships to gain the experience of competing against the best in the country in my age group. I am…

IN the year since Covid-19 hit, economies across Africa have experienced a dramatic slowdown. Even countries with limited initial incidence of the virus faced severe economic aftershocks. Significant disruption in agricultural markets and labour in sub-Saharan Africa has restricted income and led to rapid food insecurity for many. Making sure emergency financial support could reach people quickly became a priority for many governments, but with lockdowns and social distancing, traditional means of distributing relief were often unavailable. Countries which had invested in making their financial systems more inclusive before the pandemic were able to mitigate the most severe economic shocks to households. The ability of these countries to act wasn’t built on radical reinvention, but rather on effective use of established solutions that drive digitisation, growth, and inclusion. Of course,…

At least eight people were killed when jihadists attacked a northeast Nigerian town, prompting 8 000 to flee across the border into Niger, the UN said yesterday. Fighters from the Islamic State West Africa Province (ISWAP) attacked Damasak in Borno state on Wednesday, the fourth assault on the town since Saturday, military sources and residents said. The UN refugee agency said eight people were killed and another 12 wounded, with preliminary reports showing 8 000 had reached the Niger towns of Chetimari and Gagamari. “According to preliminary reports from our partners on the ground, the armed men also burned down several buildings, including a police station, a clinic, residences of local dignitaries and UNHCR’s Protection Desk,” it said. It said the full scale of displacement was still unclear. Nigeria’s military…

Rome: Italian actor and director Roberto Benigni, who won an Oscar for Life is Beautiful, will be honoured with a career award at this year’s Venice Film Festival, organisers said yesterday. Known for his irreverent, clownish antics, the 68-year-old Tuscan is one of Italy’s most popular film stars. He has directed nine movies and acted in dozens more. “My heart is full of joy and gratitude. It is an immense honour to receive such an important recognition of my work,” Benigni said after hearing the news.…

COPENHAGEN: Denmark’s public prosecutor said on Thursday that it had charged three members of an Iranian Arab opposition group for financing and supporting terrorist activity in Iran, in collaboration with Saudi Arabian intelligence services. The three members of the Arab Struggle Movement for the Liberation of Ahvaz (ASMLA) were arrested in February last year and have been in custody since. “This is a very serious case, where persons in Denmark have carried out illegal intelligence activities, and financed and promoted terrorism from Denmark in other countries,” public prosecutor Lise-Lotte Nilas said in a statement. The trial will start on April 29 in the Roskilde district court. The defendants face prison sentences of up to 12 years.…

Ashfak Mohamed ashfak.mohamed@inl.co.za THE opening day of the South African track and field championships was always going to be about Caster Semenya’s return to the track, but Akani Simbine very nearly made it an historic one for himself too. The 800m Olympic champion Semenya had an early start, lining up at 8.20am at Tuks Athletics Stadium for the unfamiliar 5 000m, in an attempt to qualify for the Tokyo Olympics. She is still fighting her case at the European Court for Human Rights to overturn World Athletics’ ruling for athletes with differences of sexual development – to be allowed to participate in distances from 400m to the mile without having to take medication or undergo surgery to lower her natural testosterone levels. But a hearing is not likely to happen…

THE FINANCIAL Sector Conduct Authority (FSCA) said yesterday its investigation into the Huge Group share buyback programme revealed insufficient evidence that the telecommunications company’s actions constituted prohibited trading practices. The regulator launched an investigation into possible share manipulation last month after Huge Group was involved in a share buyback programme between December and February. Huge Group share price leapt by more than 50 percent between the beginning of December and February 26 from R4.45 a share to R6.90 during the period. Huge Group announced its intention to acquire all of Adapt IT’s issued share capital for 552c a share towards the end of January. The FSCA said it had concluded there was insufficient evidence to find the repurchase transactions constituted prohibited trading practices as defined in Section 80 of…

Sechaba ka’Nkosi sechaba.nkosi@inl.co.za AFRICAN Bank yesterday announced the appointment of seasoned banker Kennedy Bhungane to steer the ship after the abrupt departure of former chief executive Basani Maluleke over the direction of the institution. Bungane takes over at a difficult time as the lender posted a net loss after tax of R27 million for the year to end September compared to a profit of R1.20 billion reported a year earlier. Bhungane left Absa, one of the country’s top banks, in an apparent fallout with then-chief executive Maria Ramos in 2014. A former Absa executive who refused to be named said that Bhungane left after it became clear that there was a purging of some in the leadership who did not agree with Ramos. At least four executives left…

Sandile Mchunu sandile.mchunu@inl.co.za PSG KONSULT delivered a double-digit growth in earnings for the year to end February despite a difficult year, boosted by the contribution of PSG Insure and PSG Wealth divisions. The financial services group yesterday reported a 10 percent increase in recurring headline earnings per share to 52.7 cents and a return on equity of 20 percent. PSG Konsult declared a final gross dividend of 16.5c, in line with its divi- dend policy, taking the total dividend to 24.5c, up by 9 percent compared to last year’s 22.5c. Chief executive Francois Gouws said the dividend declaration demonstrated the group’s strong financial position and confidence in its future prospects. “PSG Konsult remains strongly capitalised, with a capital cover ratio of 213 percent and we…

ZELDA VENTER zelda.venter@inl.co.za THE KILLER of SACP leader Chris Hani, Janusz Walus, has lost his bid for leave to appeal the refusal of his release on parole in the Supreme Court of Appeal. Judge Elizabeth Kubushi, sitting at the North Gauteng High Court in Pretoria, who earlier turned down the bid for parole, said there was no prospect of success in the Supreme Court. Walus had asked for leave to appeal the entire judgment and order handed down by Judge Kubushi. His legal team argued that apart from them believing that the Supreme Court would rule in his favour, they believed that his constitutional rights were trampled on by his further incarceration. This month marked the 28th year Walus has spent at the Kgosi Mampuru II Correctional Centre following the…

From Page 1 “During that meeting I made clear that acting with integrity is non-negotiable to me, and to the people of the Western Cape. “I also made clear that I believe in fairness and due process, where all the facts are properly considered,” Winde said. “I have since carefully considered the matter and have taken the decision to suspend MEC Madikizela, effective immediately, for a period of 14 days, while an investigation determines all the facts.” Winde said once he had all the facts, he would make a final decision regarding Madikizela. “It is in the interests of all parties, and most importantly our residents – who deserve nothing but honesty and integrity from their government – that this matter be resolved swiftly,” Winde said. Madikizela’s suspension came days…

Jean Michel Bouvier | Bryanston IN RESPONSE to the article penned by Nyaniso Qwesha (14 April) and your main article next to your editorial SOS to the private sector). I have a better solution/suggestion. Why does the government not increase the matric pass rate to 50% as it should been done long ago as a priority and so we won’t have an incompetent lot of university students entering, wasting billions? In the first year, you have anything between 50% and 65% of them drop out, as they realise that they cannot cope. In the mean time, a huge amount of money has gone down the black hole instead of helping support and educate one who has the potential to finish their studies. At the same time, it…

Mpiletso Motumi mpiletso.motumi@inl.co.za WHAT does it mean to be a pioneer? This was the question asked at the launch of the Inverroche Pioneers of the Present campaign. “If you think about this in the context of our forefathers, it is not only about being first or unique. It is also about being able to lead, mentor and share what you have discovered with your tribe,” said founder Lorna Scott. Scott hosted media and friends for an intimate launch event and premier screening of the brand film. “That is the essence of the campaign, sharing of ideas to lead to a better future. I am pioneering with my peers and hoping this will grow and put Africa back into a space of being the first to have developed the most amazing…

THE renaming of William Nicol Drive has come under fire from opposition parties. They say it is illegal because parts of the road belong to the provincial government, which has not been included. Mayor Geoffrey Makhubo has encouraged residents and all interested and affected stakeholders in the city to take part in the renaming process which started on March 29 and will run until Freedom Day, April 27. The road connects Bryanston, Fourways and many suburbs beyond to Sandton and Hyde Park, and ultimately Rosebank and the Joburg CBD, via Jan Smuts Avenue. At the time of construction, the road was named after William Nicol, the administrator of the Transvaal (Gauteng). “We encourage residents and all affected parties to share their comments or representations on the renaming of William Nicol…

SOUTH Africa’s vaccine roll-out programme seems to have hit a bit of turbulence. In this past week, the government temporarily suspended the administration of the Johnson & Johnson Covid-19 vaccine. This was after the US Food and Drug Administration revealed the potential link between the vaccine and a rare type of blood clot. The suspension of the US J&J vaccine comes in the wake of the government’s request for the Serum Institute of India to take back the 1 million doses of the AstraZeneca vaccine which the company sent to our country in early February. Besides issues of expiry dates and the inability of that vaccine to fight South Africa’s Covid-19 variant, the government is said to have eventually sold these doses to countries on the continent. What comes…

Since the dawn of democracy, our Constitution has served as a solid framework that almost every citizen of this country used to ensure that their rights were respected and upheld. While the supreme law of the land contains important legislations, Chapter 8 of the Constitution serves as one of the vital legislations in the country. The chapter unambiguously advocates for the independence of our courts. It clearly states that the courts have the responsibility to apply laws without fear, favour or prejudice, and should be impartial in doing so. This chapter also maintains that no person or organ of state may interfere with the functioning of the courts and that organs of state, through legislative and other measures, have a duty to assist and protect the courts at all times.…

The ruling Scottish National Party pledged yesterday to hold an independence referendum by the end of 2023, a step that could fracture the UK by ripping apart the 314-year union between England and Scotland. If there was another referendum and the Scots voted out, it would mark the biggest shock to the UK since Irish independence a century ago – just as London grapples with the impact of both Brexit and the Covid-19 crisis. Scotland voted against independence by 55% to 45% in 2014, but Nicola Sturgeon’s Scottish National Party (SNP) wants another referendum if it wins the Scottish Parliament election on May 6. British Prime Minister Boris Johnson has repeatedly dismissed SNP calls for a referendum. “We believe the people of Scotland should have the opportunity in a referendum…

Beirut: Lebanon’s Michel Aoun yesterday demanded Israel halt all exploration in an offshore gas field on its southern border, as part of a dispute over their shared sea frontier. The countries, which are still technically at war, last year took part in indirect US-brokered talks to discuss demarcation to clear the way for offshore oil and gas exploration. But those talks stalled after Lebanon demanded a larger area, including part of the Karish gas field, where Israel has given a Greek firm rights for exploration. “Lebanon is within its rights to evolve its position according to its interest,” Aoun told visiting US envoy David Hale. Aoun “demanded international experts … draw the line according to international law”, the presidency said in a statement.…

Riyadh: A fire broke out at a university in southern Saudi Arabia yesterday after the air defence system intercepted an attack by Yemen’s Houthi militia. Saudi air defences intercepted and destroyed four bomb-laden drones and five ballistic missiles between Wednesday evening and early yesterday launched towards the southern Saudi city of Jazan, said a statement by a Saudi-led military coalition. “The interception resulted in scattered debris on campus, which caused a limited fire that was contained,” dpa news agency quoted coalition spokesman Turki al-Malki as saying, adding that there were no casualties. In Yemen, a Houthi military spokesman said the group launched 11 ballistic missiles and one drone at targets in Jazan.…

If you thought South Africa's current strife with rugby-related matters was unilateral, well then you will be displeased to know, we are not the only ones suffering. Discontent is brewing in the Home Unions, especially among the English clubs, about the British & Irish Lions tour and the need for a training camp in the next fortnight. In that period, the Premiership clubs will be in the thick of their play-offs, and there seems to be genuine annoyance that those teams will refuse to release their players for the camp, and the subsequent warm-up Test against Japan. Lions coach Warren Gatland has threatened that such action will have a negative impact on the selection of English players, while the Premiership clubs are peeved that their best players won't be available…

BUILDINGS completed, as measured in real terms, fell a further 40.2 percent year-on-year in February following January’s -46 percent plunge, Statistics SA data showed. Completions in the non-residential sector of the market, which has been adversely affected by the pandemic, declined by -59.5 percent y/y, while residential building completions slid by -21.8 percent y/y. Investec economist Lara Hodes said yesterday in a statement that the first quarter 2021 performance thus far was in line with the results of the BER’s first quarter building survey, which saw confidence among players in the building sector move further into depressed territory. Ninety percent of respondents to the BER survey from the non-residential segment were dissatisfied with prevailing conditions. Lack of demand as well as shortages of raw materials were cited…

Caleb McLaughlin revealed that he spent hours in conversation with co-star Idris Elba as they played an estranged father and son in Concrete Cowboy. The 19-year-old actor – whose on-screen character is sent to live with his estranged father Harp, played by Idris – has revealed he spent hours talking to the Luther star about their relationship in the movie. McLaughlin told CinemaBlend.com: “That’s one thing that's beautiful about this movie is the father and son relationship was rekindled and how our characters came to an understanding. “We had to go through some tough times to really understand who each other were at that moment – in that 15-year gap they weren't in each other's lives.” The Stranger Things star felt there was added complexity to the role due to…

| African News Agency (ANA) THE SPECIALISED Commercial Crimes Court in Pretoria has sentenced former police constable Tshepo Ledwaba to a four-year suspended jail term and correctional supervision after finding him guilty of corruption. In July 2017, Ledwaba who was on duty stopped a vehicle with an alleged intoxicated driver and offered to drive him home in Pretoria, where he then demanded a gratification of R2 000 which the motorist did not have at hand, Gauteng spokesperson for the Directorate for Priority Crime Investigation (the Hawks) Captain Ndivhuwo Mulamu said. “He (Ledwaba) took the complainant’s contact number to remind him of what he had demanded the following day,” Mulamu said. The matter was reported to the Hawks and an investigation team conducted a sting operation. In February, he…

Thabo Makwakwa thabo.makwakwa@inl.co.za South African power utility Eskom and the black female-owned Econ Oil and Energy locked horns in the South Gauteng High Court following a bitter war between the two entities involving a multibillion-rand fuel supply contract. In the matter heard before Judge Bashier Vally, it was decided that the matter involving Eskom’s application to interdict the recent arbitration award which ruled in favour of Econ Oil, would be suspended. Judge Vally then expedited the hearing of the review of the application to between June 9 and 11. Eskom had initiated an urgent court application seeking to have its own decision to award the tender reviewed and set aside. Additionally, Eskom sought to stall the arbitration report by Kevin Trisk, SC, which found that there exists a contract between…

SAM WRIGHT Freedom Day on April 27 presents another opportunity for a four-day weekend, which many are planning to enjoy with friends and family. While some may kick back at home and connect virtually, others prefer getting out and enjoying the local scenery. To create a safer experience, everyone is encouraged to replace crowded holiday spots with local day-trip destinations, or small, intimate gatherings. Here are some fun tips and tricks to help you celebrate your next getaway: Take the (shorter) road less travelled Avoiding crowded places can be tricky over a long weekend, but you’ll soon find that much of the country’s beauty lies in your province’s local areas, like a nearby hiking trail or a park that’s a couple of minutes away from you. Make sure any…

UNIVERSITIES are supposed to be centres of intellectual enquiry, places where ideas are birthed and nurtured. It is, therefore, the role of the academics to guide the national or global discussion, applying objectivity at all times. University of Cape Town (UCT) political science senior lecturer Dr Lwazi Lushaba was caught in a controversy recently after his apparent claim that Adolf Hitler “committed no crime”. He made the shocking remark during his prerecorded online lecture, shortly before Holocaust Memorial Day. “All Hitler did was to do to white people what white people had normally reserved for black people,” Lushaba said. There are those who are calling for Lushaba’s head while others are defending his position, hailing him a hero. The second largest party, the DA, has lodged a complaint with…

IN TERMS of section 178(1)(g) of the Constitution, six persons designated by the National Assembly must form the membership of the Judicial Service Commission (JSC). This critically vital body is the selection committee that aids in the appointment of judges in South Africa, notably to the Constitutional Court. Of late, our judiciary has been under siege in many aspects – whether it is criticism levelled at the chief justice or by orders granted that may seem as pretentious as they are controversial or by the very appointment of judges themselves. But what is becoming undeniably evident is that the highest court in the land is being plagued to adjudicate matters involving political issues and actors who are the actual legislators in the country. MPs (National Assembly) should not form part…

SINENHLANHLA ZUNGU THE family of the late Anele “Nellie” Tembe has, ahead of her funeral today, denied claims that have been made about her death in the media. The Tembe family spokesperson, who wished to remain anonymous, said yesterday that “Nellie did not jump off the building but fell off the building”. The spokesperson told The Star’s sister paper, the Daily News, that the Tembe family was still in the dark about the circumstances that led to Tembe’s death. “We don't know much about what happened as a family and we are looking to get more insight once the (police) investigation is complete.” Tembe was reported dead on Sunday morning after falling from the 10th floor of the Pepperclub Hotel in Cape Town. She had recently become engaged to rapper…

FOLLOWING a huge outcry over a proposed R200 levy per month for all prepaid electricity users, which was posted on the website for comment, (Metrowatch April 1), the City of Joburg has now posted an adjusted version which does not include the levies. The city said the levy had been “erroneously” included. The member of the mayoral committee (MMC) for finance, Jolidee Matongo, said the city’s revised draft rates policy was now available for additional public comments after being adjusted to incorporate input received on the document in virtual public meetings held last month. The revised policy is currently available on the city’s website for public comment alongside the draft 2021/22 mid-term budget and the integrated development plans (IDPs). The draft documents are also being presented for input in ongoing…

William Petri The POTENTIAL side effect is a blood clot in the veins that drain blood from the brain. This is called central venous sinus thrombosis. In the vaccine-associated cases of this, platelets in blood, which are important for making clots, have been lower than normal. This same side effect has been seen in the AstraZeneca Covid-19 vaccine that also uses an adenovirus to deliver the coronavirus spike glycoprotein. In the case of the AstraZeneca vaccine, the clotting disorder has been linked to antibodies against platelet factor 4 (PF4) that are apparently induced by the adenovirus backbone of the vaccine. This antibody causes the clotting disorder by activating platelets to clot. It is important to note that this disorder, called vaccine-induced immune thrombotic thrombocytopenia, is not a problem with…

US President Joe Biden wants three Central American countries to crack down on corruption as part of a plan to spend billions of dollars in the region to stem illegal migration. Yet accusations of graft and authoritarianism dog some of very leaders Biden must work with in Central America, feeding concerns about their desire to clean up government. Since taking office in January, Biden’s administration has pledged to set up a regional task force to fight graft, and threatened to freeze US bank accounts of corrupt officials in Guatemala, Honduras and El Salvador, three countries known as the Northern Triangle that account for much of undocumented immigration to the US. With apprehensions at the US-Mexican border at their highest level in two decades, Biden is pursuing a $4 billion (R56bn)…

While people around the world wait impatiently to be vaccinated against Covid-19, an inoculation site in Senegal was empty on a recent day – a sign of the ambivalence nationwide. Though jabs are free and available without appointment at the Mbao health post, outside the capital Dakar, there were no takers, leaving nurses to chat to pass the time. Shots also did not appear to be in high demand at other Senegalese health centres visited by AFP. “People are in no rush to get vaccinated,” one health worker in Mbao said on condition of anonymity, because she was not authorised to speak to journalists. “A woman told me she doesn’t trust it because it’s free. She’s waiting for it to be sold in pharmacies to buy it.” The reticence in…

Mogadishu: Somalia has accused some of its foreign backers of undermining its sovereignty after the embattled government was threatened with sanctions over a decision to extend its mandate by two years. President Mohamed Abdullahi Mohamed on Wednesday signed into law a “special resolution” extending his time in office, despite his term expiring in February, and repeat warnings that such a move would not be supported by western powers. It followed a total collapse in UN-backed talks between the central government in Mogadishu and two of Somalia’s semi-autonomous states over how to proceed with delayed elections in the fragile nation. Key foreign allies and financial supporters have rebuked the decision in strong terms.…

THIS week we will be looking at how sports technology has evolved with the use of base layers which is so common in multiple sporting codes from athletics to football. A base layer is the layer closest to your skin and should act as a constant “second skin” throughout your sports event/match/race. Base layers provide a layer of warmth, keeping your body temperature constant while absorbing and evaporating your sweat to keep you feeling warm and comfortable. This industry has been booming over the past few years with brands like Under Armour, Nike, adidas, Second Skin, First Accent and many more using their sports technology to enhance the performance of their athletes. The reason behind this is simple: Runners and other sportsmen and women often suffer from chaffing and bleeding…