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Eyewitness-News wins in SMS alerts

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Guy Berger's picture

Reuters and Bloomberg have always gone head-to-head on who releases major economics news first - even if the difference is in micro-seconds. The difference triggers instant decision-making on stock markets, and those who move fastest can make the most money.

Now, three free SMS news services are getting in on the act for Jabu Public, and Primedia's Eyewitness-News seems to be the quickest. This is what I go yesterday afternoon:

3.46pm. Breaking EWN: Reserve Bank cuts interest rates by 100 basis points.

3.28pm. News24: The Reserve Bank has cut lend rates by 100 basis points.

3.23pm. REserve Bank Governor, Tito Mboweni, has cut repo rate by 100 basis points.

You can sign up to these services at http://www.eyewitnessnews.co.za/, http://m.news24.com, and www.theherald.co.za.

There is a once-off charge for an sms that triggers your signing up to the occasional alerts.