Aug 13, 2008
Daily podcast – August 13, 2008Back
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From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
An industry advisory firm said on Tuesday that Africa's telecommunications industry will shift from being mainly market-driven to being more policy driven. This is as certain regulatory steps could improve Internet and broadband access.
BMI TechKnowledge said that, while Africa's mobile market had been growing, Internet and broadband penetration rates remained low. Also, regulatory interventions could bring down prices, make services available and enable growth.
However, telecommunications research director Brian Neilson said that Africa could experience a bandwidth oversupply if all the planned submarine fibre-optics cables were to come on stream.
He explained that these cables were designed with a combined capacity of ten terabits a second, while demand from Africa was only expected to reach two terabits a second by 2019.
CEO Maria Ramos says the tender process is well under way for the 212 diesel locomotives. She says any enlargement will be pursued on the basis of a supportive business case.
It is unclear as to what such a move would mean for the group's R80-billion, five-year capital-investment programme. The group will need to raise R36,6-billion on the capital markets over the next three years to close an anticipated funding gap.
CEO Robin Berry told Mining Weekly Online that the company planned on publishing the findings of the internal investigation into the errors "within the next couple of weeks".
Berry said that the investigation was at a "sensitive stage". He was reluctant to comment further on it. However, he did indicate that the errors were not genuine accounting mistakes.
Bell Equipment hopes to participate in the revised MIDP
In political news:
Thabo Mbeki is to report to the SADC summit on Zimbabwe
Edited by: Shannon de Ryhove© 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]...
Updated 24 minutes ago The South African Post Office (SAPO) plans to shed more than 5000 jobs. This is according to their turnaround strategic plan which was presented to the Portfolio Committee of Telecommunications and Postal Services on Tuesday.
Updated 29 minutes ago JSE-listed Tongaat Hulett expects its operating profit to decrease by some 12% for the year ended March 31 to about R2.089-billion from the R2.374-billion earned last year. The agricultural and agroprocessing business, focused on sugarcane and maize, explained in a...
Updated 1 hour 40 minutes ago Business activity in South Africa's private sector expanded at a slightly slower rate in April but new orders continued to rise and companies stepped up hiring, a survey showed on Wednesday. South Africa's HSBC Purchasing Managers' Index (PMI) inched lower to 51.5 in...
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
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.
This Week's Magazine
Mercedes-Benz will launch ten plug-in hybrid models by 2017, says the German automaker’s parent company, Daimler. Following the launch of the S 500 plug-in hybrid, March saw the introduction of the C 350 e, the second model to feature the drive-train concept. Under...
Energy Minister Tina Joemat-Pettersson's recent unveiling of something of a road map for an upscaled and accelerated deployment of independent power producer (IPP) capacity has been widely welcomed. Besides plans to accelerate and expand the hitherto successful...
South African Airways (SAA) acting CEO Nico Bezuidenhout has firmly denied reports that a stake in the airline was going to be sold to Air China. “Categorically, SAA is not in any talks with any airline to sell itself at the moment,” he stated at a media briefing at...
Russian State-owned nuclear group Rosatom has confirmed that it is in talks with Nigeria about the construction of nuclear power plants (NPPs) in that country, but has denied that any agreement has been signed. This follows a recent report in the Nigerian media that...
Gas products and services company Afrox has launched a pilot programme to deliver its range of Handigas liquefied petroleum gas (LPG) to domestic consumers to fill a gap in the market, thereby expanding its direct contact with end-users.