http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 12.94Change: 0.06
R/$ = 11.54Change: -0.10
Au 1209.65 $/ozChange: 0.30
Pt 1175.50 $/ozChange: -2.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 28, 2008

Daily podcas– October 28, 2008

Back
October 28 2008
 
 
 
Africa|Environment|Industrial|Projects|Transnet|Africa|Building|Products
Africa|Environment|Industrial|Projects|Transnet|Africa|Building|Products
africa-company|environment|industrial|projects|transnet|africa|building|products
© Reuse this This podcast is brought to you by Den Braven Sealants - worldwide leader in professional sealants.

Tuesday, October 28, 2008.

From Creamer Media in Johannesburg, I'm Shannon O'Donnell.

Making headlines today:

State-owned transport group Transnet was pushing ahead with its R80-billion investment programme. It had not revised any of its projects. But, on Tuesday, the group hinted at possible future changes to its business plans as a result of the likely impact of a global economic slowdown.

Chairperson Fred Phaswana said that the group's board continued "to assess the impact of the global economic environment on Transnet's business plans and will make necessary amendments to these plans if circumstances require these".

His comments appeared to act as a replacement for any clear guidance on the future outlook for the group.

However, CEO Maria Ramos said that the group's R80-billion, five-year capital programme had intensified during the interim period. She said the group's balance sheet remained robust enough for it to begin relying increasingly on the debt capital markets for funding.

The National Recyclers Organisation said that government would await the results of an independent study before taking any further action in terms of implementing scrap metal export restrictions. The NRO represents ferrous and non-ferrous scrap metal recyclers and dealers.

In June, Minister of Trade and Industry, Mandisi Mpahlwa, said that government was considering measures to limit the exportation of scrap metal. This is to allow for sufficient supply to the domestic market.

NRO chairperson Sello Mahlangu said that the Department of Trade and Industry has agreed that restrictions would not be implemented until an "informed decision" could be taken in partnership with the industry.

A spokesperson for the DTI confirmed that the government had postponed the implementation of export restrictions.

Also making headlines:

Non-residential building plan approvals are starting to slow.
The Competition Tribunal chairperson warns that the ill-considered industrial policy could undermine competition in South Africa.
The National Regulator for Compulsory Specifications warns that substandard products entering South Africa are on the rise.
And, building materials firm Infrasors issues a profit warning.

That's a round up of news making headlines today. For more on these and other stories please visit engineeringnews.co.za.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
More
 
 
Latest News
Updated 5 minutes ago More than a century following the invention of the automobile, the horseless carriage continues to evolve. Following an array of developments over the years, such as power steering, run-flat tyres, turbo engines, windscreen wipers, air conditioning, radio and music...
Steel producer Aquila Resources on Thursday instituted legal proceedings against the South African government in the Pretoria High Court to resolve an alleged overlapping prospecting right over its Avontuur manganese project, in the Northern Cape. The company said in...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
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.
 
 
 
 
 
This Week's Magazine
Updated 7 hours ago National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Updated 7 hours ago Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
Updated 7 hours ago What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
Updated 7 hours ago The 2015 Sanlam/Business Partners Entrepreneur of the Year (EOY) competition was launched earlier this month in Johannesburg, with the main focus on creating and inspiring entrepreneurs to create jobs and boost the economy.
Updated 7 hours ago In a recent letter to the editor that I sent to Engineering News (Concerns regarding South African portion of Square Kilometre Array) and in a follow-up article elaborating further (We must start preparations to build our own synchrotron light source), I stated my...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96