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Acting Transnet Freight Rail CEO Tau Morwe
Picture by: Duane Daws
Acting Transnet Freight Rail CEO Tau Morwe

FREIGHT RAIL

Transnet to spend R52bn on rail unit over next five years

By: Terence Creamer
Published: 16th March 2010, 16:20
The rail unit within State-owned freight logistics group Transnet will spend R52-billion between 2010/11 and 2014/15 on locomotives, wagons and infrastructure projects, acting CEO Tau Morwe confirmed on Tuesday. The bigger group was forecasting capital expenditure (capex) of R93,4-billion across its rail, ports and pipelines businesses over the same period Full Article
 

INDUSTRIAL POLICY

Focus industrial plan on local not preferential procurement - Busa

Updated 7 hours ago
South Africa's new industrial policy action plan, or Ipap2, should be used to support macroeconomic policy through the development of foreign-exchange... Full Article

Aerospace and Defence

European airlifter company and SA hold talks about A400M

European military transport aircraft manufacturer Airbus Military, a subsidiary of airliner maker Airbus, has revealed that it held talks on Monday with the... Full Article

ROADS CONSTRUCTION

Gauteng freeway upgrades to be 80% complete by June

The South African Roads Agency Limited (Sanral) said on Tuesday that 80% of phase one of the Gauteng Freeway Improvement Project (GFIP) would be completed... Full Article

LOGISTICS


SA logistics costs rose by 7% in 2008

South Africa saw an increase of 6,9% in logistics costs to R339-billion in 2008, compared with the previous year's R317-billion, and 2004's R213-billion.... Full Article

AVIATION

SAA, SA Express deny price-fixing

South African Airways and its low cost equivalent SA Express on Tuesday denied allegations of price-fixing around the Fifa World Cup, but dismissed... Full Article

ELECTRICITY

Winter power demand to rise by 275 MW during World Cup – Eskom

South Africa was expected to use 37,24 GW of electricity during the coming winter period, which would include the additional 275 MW that would be... Full Article

POWER OUTLOOK

Global electricity capacity should double by 2030 – EDF

The world currently had installed electricity capacity of about 4 000 GW and given the expected strong growth in demand for electricity, this should be... Full Article
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OIL & GAS

Petroleum Agency SA sees renewed interest in offshore oil/gas exploration

Following a period of relative inactivity in offshore oil and gas exploration, the Petroleum Agency South Africa has announced that it is reviewing a... Full Article

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Creamer Media's Christy van der Merwe discusses climate change and carbon taxes in the South African context, with Marie Parramon and Andrew Gilder of Imbewu Legal Sustainability Specialists.
Video camera work: Darlene Creamer and Shane Williams.
Video editing by: Darlene Creamer
Creamer Media's...
KenGen chairperson Titus Mbathi discusses Africa's energy potential (Videographer: Nicholas Boyd; Editing: Darlene Creamer)EDF international operations senior executive vice-president Gerard Wolf discusses the world energy situation (Videographer: Nicholas Boyd; Editing: Darlene Creamer)
KenGen chairperson...EDF international...
Metal and Engineering Industries Bargaining Council CEO Alistair Smith on the relative resilience of the sector during the recent crisis. Camera Work & Editing: Darlene Creamer. (15/3/2010)
Metal and...
 
 
 
Creamer Media's Christy van der Merwe discusses climate change and carbon taxes in... Full Article
The world currently had installed electricity capacity of about 4 000 GW and given... Full Article
South African metals and engineering companies shed some 70 000 jobs, the... Full Article
 

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Cosatu joins the African National Congress in backing Finance Minister Pravin Gordhan; and the South African government reaffirms its commitment to... More
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The French government this week took firm steps in helping South Africa to enter the nuclear energy fold; electricity uncertainty is causing South... More
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Real Economy Report

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RER 98
Multimedia Available11 Mar 10

Real Economy Report

We look at the importance of the Sumbandila satellite for South Africa; We speak to the head of Evraz's international operations about the company's plans to firmly align Highveld Steel & Vanadium to the infrastructure market; And, Information and Communications Technology company GijimaAST starts to reduce the carbon footprint at its head office.
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RER 97
Multimedia Available04 Mar 10

Real Economy Report

This week: the EASSy cable lands at Mtunzini beach in KwaZulu-Natal; we ask: when should South Africa order its next nuclear power station? And, the iron-ore mining industry is proving recession-proof, especially for South Africa's Kumba Iron Ore.
Video
RER 96
Multimedia Available25 Feb 10

Real Economy Report

This week we look at nuclear power as an option for South Africa; the platinum price collapsed along with the automotive market early last year, but a much-changed outlook is now lifting sentiment; and, we look at South Africa's new aviation exhibition.
Video
RER 95
Multimedia Available18 Feb 10

Real Economy Report

Flying unmanned aircraft in civil air space; the head of South Africa's largest steel producer on the group's power generation plans; and gold producer Great Basin Gold eyes the mid-tier horizon.
Video
RER 94
Multimedia Available11 Feb 10

Real Economy Report

Top stories this week: diamond giant De Beers opens the Diamond Route in South Africa; the first black jeweller from the South African jewellery development projects opens his own retail shop; nd, how to enhance maths and science teaching skills through an e-learning computer-aided design course.
 

Videoclips

Video
Creamer Media's...
Multimedia Available16 Mar 10

The Copenhagen Accord: What it means for South Africa

Creamer Media's Christy van der Merwe discusses climate change and carbon taxes in the South African context, with Marie Parramon and Andrew Gilder of Imbewu Legal Sustainability Specialists.
Video
KenGen chairperson...
Multimedia Available16 Mar 10

Global electricity capacity should double by 2030 – EDF

The world currently had installed electricity capacity of about 4 000 GW and given the expected strong growth in demand for electricity, this should be doubled by 2030, power utility Électricité de France (EDF) senior executive vice-president for international operations Gerard Wolf told a conference on Tuesday. He noted during the first day of the Power and Electricity World Africa conference, in Johannesburg, that despite many countries investing in additional capacity, this still left about 1,6-billion people without electricity.
Video
Metal and...
Multimedia Available15 Mar 10

SA metals industry showed signs of resilience during recession

South African metals and engineering companies shed some 70 000 jobs, the equivalent of 20% of all scheduled jobs in the sector, during the 2009 recession. However, the sector still showed signs of relative resilience, when compared with previous recent downturns, Metal and Engineering Industries Bargaining Council (MEIBC) CEO Alistair Smith argued on Monday. Speaking at a MEIBC business breakfast in Johannesburg, Smith noted that during the late 1990s and early 2000s, the industry shed about 40% of its work force as it sought to adapt to a more liberalised environment, precipitated by the end of apartheid.
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Public Enterprises...
Multimedia Available15 Mar 10

Power purchase agreements are being prioritised - Deputy Minister

Public Enterprises Deputy Minister Enoch Godongwana on Monday reaffirmed the South African government's commitment to "put an end to the chapter" of independent power producers (IPPs) struggling to conclude power purchase agreements (PPAs). "We cannot leave that issue to Eskom any longer," he said at a clean technology conference in Sandton.
Video
Department of...
Multimedia Available15 Mar 10

Industrial plan to include 'stronger' localisation targets

The revamp of South Africa's preferential procurement policy will include "stronger" localisation targets for State-owned enterprises and government departments that will be pursuing ongoing purchases of capital equipment and infrastructure services, Trade and Industry deputy DG responsible of industrial policy Nimrod Zalk said on Monday. But the framework would not support uncompetitive local industry. Instead, the policy would seek facilitate local production through the identification of up to ten areas of ongoing repeat procurement "fleets", from locomotives to power station components.
 

Company Profiles

 

Daily Podcast

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poden_16032010
Multimedia Available16 Mar 10

Daily podcast – March 16, 2010

Cosatu joins the African National Congress in backing Finance Minister Pravin Gordhan; and the South African government reaffirms its commitment to put an end to independent power producers struggling to conclude power purchase agreements.
Video
poden_15032010
Multimedia Available15 Mar 10

Daily podcast – March 15, 2010

The US government will abstain from the Eskom World Bank loan vote in early April; and power from the first Medupi unit is still scheduled to come onstream in the first half of 2012.
Video
poden_12032010
Multimedia Available12 Mar 10

Daily podcast – March 12, 2010

SAA concludes a $1-billion deal with French aircraft manufacturer Airbus; and VWSA re-enters the affordable passenger vehicle segment with the introduction of the new Polo Vivo.
Video
poden_11032010
Multimedia Available11 Mar 10

Daily podcast – March 11, 2010

Phase one of the Gautrain rapid-rail link will be ready for the 2010 FIFA World Cup; and the Department of Mineral Resources confirms that the Sishen right has reverted to the State.
Video
poden_10032010
Multimedia Available10 Mar 10

Daily podcast – March 10, 2010

Transnet confirms a R2,75-billion rise in pipeline cost as well as a year delay; and devaluing the rand would be a "very short-sighted" move for South Africa to make.
 

SAfm Show

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podsafm_12032010
Multimedia Available12 Mar 10

12/03/2010 (On-The-Air)

The French government this week took firm steps in helping South Africa to enter the nuclear energy fold; electricity uncertainty is causing South Africa to lose an important growth opportunity in ferrochrome; the US is placing more orders for armoured cars that are designed and manufactured in South Africa.
Video
podsafm_05032010
Multimedia Available05 Mar 10

05/03/2010 (On-The-Air)

South Africa could be getting 10% of its drinking water from the sea in the future; big business is promoting a growth vision that involves a doubling of the South African economy; Another mining summit will take place in South Africa this month, against the background of strident calls for mine nationalisation.
Video
podsafm_26022010
Multimedia Available26 Feb 10

25/02/2010 (On-The-Air)

The Department of Science and Technology looking in to bringing back South Africa's space rocket launching capability; air traffic tracking system and South Africa one of the first countries in the world to introduce this new state-of-the-art tracking system at its airport; South African Army embarking on a programme of bridge building in the poor areas of the Eastern Cape.
Video
podsafm_19022010
Multimedia Available19 Feb 10

19/02/2010 (On-The-Air)

The South African government is to invest in the local satellite manufacturing business; the Russians are keen to cooperate with South Africa in the field of unmanned aircraft technology; Engineering is poised to emerge as the profession of the next decade, if not the next century.
Video
podsafm_13022010
Multimedia Available12 Feb 10

12/02/2010 (On-The-Air)

Continuous 7-day-week round-the-clock mining has been introduced at South Africa's newest gold mine; South Africans are building what is destined to be the DRC's biggest gold mine; South Africa's newest coal mine has come in hundreds of millions of rands below budget.
 
 
 
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South Africa seeks to make virtue of necessity with green-industries plan

The South African government has given strong signals that the country’s energy intensity is no longer sustainable and has started to outline its low-carbon economy vision. To be sure, the move has as much to do with the prevailing electricity imbalances as it does with any international trends or pressures... Full Article

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$320m ‘soft’ Japanese loan for Kenyan geothermal project

Kenya has received a $320-million soft loan from Japan to boost investments in the energy sector. Full Article

$200m Mauritius property development on track, despite meltdown

The $200-million La Balise Marina-Mauritius project in the Black River area on the south-west... Full Article

Additional $1m needed to repair earthquake damaged road in Malawi

The Chinese government, which is financing the ongoing construction of the 106-km... Full Article
 

Features

Business Leader

Chris Morris
Chris Morris
Full Name: Chris Morris Position: CEO of Hall Real Estate Main Activity of the Company: Residenti... Full Article
 
 

Editorial Insight

Refinery battle getting heated
There is a most fascinating battle taking shape within South Africa’s liquid-fuels environment over whether or not the... Full Article
Terence Creamer

Editorial & Opinion

State should seize iron-ore initiative and move debate into developmental realm
Without question, there is very little sympathy out there for ArcelorMittal South Africa in its... Full Article
 

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IBM presented the Sawubona/Songs of Good Hope concert at the... Full Article
 
 
Statistics South Africa reported on February 23 that real... Full Article
 
 
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“With great power comes great responsibility” is one of... Full Article
 
 
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Computers will no longer be need computers in the future,... Full Article
 
 
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