R/€ = 15.39Change: 0.16
R/$ = 13.75Change: 0.03
Au 1138.00 $/ozChange: 1.55
Pt 910.00 $/ozChange: 4.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

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 About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Apr 16, 2008

Daily Podcast - April 16, 2008

April 16 2008
Africa|Botswana|Denel|Eskom|Gas|Platinum|Projects|Africa|Energy|Power Generation|Power-generation|Power
Africa|Botswana|Denel|Eskom|Gas|Platinum|Projects|Africa|Energy|Power Generation|Power-generation|Power
© Reuse this

This podcast is brought to you by Mitsubishi Fuso – you can rely on us.

Wednesday, April sixteen, 2008

From Creamer Media in Johannesburg, I’m Hilary Klopper

Making headlines today:

South Africa's President Thabo Mbeki on Tuesday again came under criticism over his perceived denialist stance on the Zimbabwean crisis, with African National Congress treasurer general Matthews Phosa saying he "must listen to" the ruling party's new leadership.

Phosa said that South Africa should put more pressure on the Electoral Commission to release the results "so that the voice of the people of Zimbabwe is heard".

Phosa went on to stress that Africa could not afford to turn a blind eye, as whatever happened in the economically ruined Zimbabwe would spill over its borders.

South Africa's Minerals and Energy Minister Buyelwa Sonjica said on Tuesday that one of the envisaged outcomes of an electricity tariff increase would be to stimulate private sector participation in the country's power generation industry.

Speaking at the tenth yearly power and electricity conference in Johannesburg, she said the current low tariffs and "cheapness" of South Africa's electricity were deterring private sector investment in power generation projects.

The State wants independent power producers to generate 30% of the country's power, but Eskom will be designated the single buyer of the power.

Platinum-miner Aquarius Platinum and its South African subsidiary will buy back shares held in the two companies by rival Impala Platinum in a deal worth $790-million.

Aquarius, which mines platinum-group metals in South Africa and Zimbabwe, will buy Implats' 8,4% stake in the company for a total of $285-million, and plans to cancel the repurchased shares.

Implats approached the company late last year with a proposal to exit its interests as part of a portfolio review, Aquarius said.

The two companies jointly own the Mimosa platinum mine, in Zimbabwe.

Also making headlines:

South African government’s ICT spend set to rise to R8bn by 2011
Denel targets global missile market
The ANC asks Erwin to halt Eskom’s big tariff increase
Anooraq concludes R3,6bn Angloplat deal
Australian firm to search for uranium in Botswana
And, a worker is killed at a BHP Billiton colliery

In political news:
UN council and African Union to debate Zimbabwe
Plane crashes in Congo, confusion over death toll
African leaders fail to make breakthrough on NEPAD
And, the world's top greenhouse gas emitters meet in Paris

That’s a round up of news making headlines today. For more on these and other stories, visit, and

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
Other Intellectual Property Law News
Alcatel-Lucent has organized in early July its Technology week in Nigeria. The Alcatel-Lucent Technology Week took place at a three-day event in both Lagos and Abuja. The event was well attended by over a hundred professionals from Nigeria ICT ecosystem....
If you were asked to imagine a computer network, the image that springs to mind would probably be one of a pristine office setting, where networking equipment is kept behind spotless glass doors in a dust- and temperature-controlled environment. But what of the real...
The Southern African Vinyls Association announced that Belgotex Floors has become the Association’s first official license holder of the Vinyl. product label – a mark of excellence that signifies the product complies with best practice as prescribed by SAVA’s Product...
Latest News
In the boom times when the price of gold was soaring, Ebenezer Sam-Onuawonto had a dream job and a dollar salary many times the national average in this mining town in southwestern Ghana. When the price fell, he lost his job as human resources chief at a mining...
Property developer Balwin Properties aims to raise between R713-million and R1.6-billion ahead of its listing on the real estate holding and development sector of the JSE on October 15. It would use the funds to settle existing debt facilities and fund future...
The information and communications technology (ICT) in education leg of Operation Phakisa has been launched to transform the basic education sector and leverage ICTs to strengthen teaching, learning and administration of the education system. The Operation Phakisa...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 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 infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Energy analyst and EE Publishers MD Chris Yelland warned recently against excessive optimism regarding timescales for the proposed construction of new nuclear power plants (NPPs) in South Africa. He was speaking at a Nuclear Roundtable in Johannesburg. “I think we...
Malawi’s Lilongwe Water Board (LWB) is inviting eligible bidders to prequalify for the board’s efficiency improvement works, which will be implemented as part of the E24-million Lilongwe Water Resources Efficiency Programme.   LWB CEO Alfonso Chikuni explains that...
CROATIA, AN EU MEMBER BUT NOT A TDCA MEMBER On July 1, 2013, Croatia officially became the twenty-eighth member of the European Union (EU). Despite Croatia’s accession into the EU, it is yet to become party to the Trade, Development and Cooperation Agreement (TDCA)...
The Council for Scientific and Industrial Research (CSIR) has announced that its new Inundu airborne electronics testing, evaluation and training pod had made its first test flight on September 10. The successful flight was undertaken from Lanseria International...
The Development Bank of Southern Africa (DBSA) – which disbursed a record R13-billion during 2015, from R12.7-billion in the prior year – remained optimistic that it could ramp-up loan disbursements to R25-billion a year by 2018 as it sought to give greater emphasis...
Alert Close
Embed Code Close
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
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