http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.38Change: 0.05
R/$ = 11.57Change: -0.03
Au 1276.24 $/ozChange: -2.53
Pt 1262.50 $/ozChange: -7.00
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Aug 25, 2008

Daily podcast – August 25, 2008

Back
August 25 2008
And|Gold|Johannesburg|BHP Billiton|Futuregrowth|Housing|Jika Properties|Norilsk Nickel|PROJECT|Projects|Rental|Resources|Rio Tinto|Transnet|Australia|Somalia|Zambia|Zimbabwe|Development Group|Australian Competition & Consumer Commission|CPB Netherlands Bureau For Economic Policy Analysis|Iron Ore|Iron-ore|Mercedes Benz|Mugabe|Thabo Mbeki
Gold||Housing|PROJECT|Projects|Rental|Resources|Transnet|Zambia||||Iron Ore|Iron-ore|
and-city|gold|johannesburg|bhp-billiton|futuregrowth|housing|jika-properties|norilsk-nickel|project|projects|rental|resources|rio-tinto|transnet|australia-country|somalia|zambia|zimbabwe|development-group|australian-competition-consumer-commission|cpb-netherlands-bureau-for-economic-policy-analysis|iron-ore|iron-ore-person|mercedes-benz|mugabe-person|thabo-mbeki
© Reuse this This podcast is brought to you by Mercedes Benz Commercial - the right partner.

Monday, August twenty-five, 2008.

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

Making headlines today:

The CPB Netherlands Bureau for Economic Policy Analysis said on Friday that growth in world trade slowed in the second quarter of this year to its lowest for nearly seven years.

In the three months ended June, world trade rose by only 0,6% at an annual rate compared with the previous three months.

CPB said this was the weakest quarterly performance since the drop in world trade in the final quarter of 2001.


Asset management firm Futuregrowth has raised R140-million from institutional investors. This is to assist lower income housing projects get off the ground.

The company will provide debt funding to property investment and development group, Jika Properties. It will obtain high-yielding residential properties across Gauteng for refurbishment and rental as lower income housing.

The loan facility will enable Jika to buy properties within a 50 km radius of the Johannesburg central business district for long-term investment, as well as to make these available as rental stock.


Australia's competition watchdog has warned that a merged BHP Billiton and Rio Tinto might be able to influence global iron-ore supply and prices.

The Australian Competition & Consumer Commission said that this could lead to steelmakers paying "significantly" higher prices for the raw material.

BHP Billiton is the world's biggest resources company. It formally launched its all-share takeover bid for rival Rio Tinto in February. However, the smaller company snubbed the bid as not reflecting its true value and future prospects.


Also making headlines:

Oil steadies above $114 despite the rising dollar
Transnet is criticised for dragging its feet in awarding tenders
Numsa members end a two-week strike at Union Carriage & Wagon
Gold Fields faces a claim of up to R11-billion over its Western Areas company
Norilsk Nickel's proposed 49-billion ruble buyback is opposed by Rusal
And, the South African government plans more meetings with the communities affected by the Xolobeni project

In political news:

Zambia starts the process to replace the late Levy Mwanawasa
President Thabo Mbeki is told to address poverty
Piracy ransoms are funding the Somalia insurgency
And, Zimbabwe faces a crunch week as Mugabe draws the battle line

That's a round up of news making headlines today. For more on these and other stories, visit engineeringnews.co.za, miningweekly.com and polity.org.za

Edited by: Shannon de Ryhove
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
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]...
Pharmaceutical companies typically invest substantial amounts of money into research and development. Their research, however, is not only aimed at discovering new active pharmaceutical ingredients (APIs). Instead, some companies make small modifications to existing...
A controversial patent process known as ‘ever-greening’ is being carried out by many pharmaceutical brands, and is preventing medications from being made available as generics, affecting many South Africans who are struggling to keep up with the cost of medication....
More
 
 
Latest News
Temporary power generation services provider Aggreko has extended the contract for its 200 MW gas-fired power project in Côte d'Ivoire by three years, with the option to extend this by a further two years.
Jeffrey Immelt
Troubled South African State power utility Eskom should place emphasis on stability ahead of improvement, GE chairperson and CEO Jeffrey Immelt suggested on Monday. Speaking at the Gordon Institute of Business Science (GIBS) in Johannesburg, the head of the...
A Competition Tribunal hearing into alleged cartel activity and price-fixing by several companies in the wire and wire products manufacturing industry was again postponed on Monday pending a decision by the Competition Appeal Court (CAC). Respondents Allens Meshco,...
More
 
 
Recent Research Reports
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.
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.
 
 
 
 
 
This Week's Magazine
BRUCE BRADFORD The 3D printers have a clear upgrade path to eventually print in wood, ceramics and metal-alloys
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...
 
 
 
 
 
 
 
 
 
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