Mar 07, 2008
Copper should be declared a precious resource – MinisterBack
Vereeniging|Africa|Cable|Copper|Malesela Taihan Electrical Cable|PROJECT|Africa|Europe|South Africa|Black-empowerment Cable Manufacturer|Communications Industry|Manufacturing|Products|Telecommunications|East Coast|West Coast|Ivy Matsepe-Casaburri|Cable|Cables|Fibre Optic
© Reuse this “We have to look into declaring copper as precious, or our economy will not be able to grow,” said the Minister of Communications, Dr Ivy Matsepe-Casaburri, at the official opening of black-empowerment cable manufacturer Malesela Taihan Electrical Cable’s new telecommunications cable manufacturing facility in Vereeniging.
Matsepe-Casaburri noted that even though the newly established facility would contribute greatly to the country’s economy, the products it would produce were highly sought after by criminals.
She said that “small-scale” criminals were not the problem in the copper wire industry, but rather large-scale syndicates that made a living out of stealing copper wire.
“There will always be thieves wanting the product,” she added.
She remarked that, in order to create jobs, reduce crime and upskill employees, it was important that M-Tec set an example in the information and communications industry by training and upskilling its employees.
“We need important skills that can be developed in the information and communications industry, or else we will not be able to have an economy that grows at a satisfactory rate,” she said.
Although the industry is facing challenges, she commented that its future was looking “great”.
“A telecommunications cables expansion is currently taking place in South Africa and in the Southern Africa Development Community (SADC) in order to connect the East and West Coasts. “This project is on course, which means that all countries in between can now be connected. Finally, we do not need to have our communications signals transmitted to Europe before they can be transmitted to other African countries,” she added.
“It does not matter which country – all that matters is that SADC countries are going to need wire and fibre optic cables, and the new facility in Vereeniging will assist greatly in the project,” she concluded.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other News This Week News
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.