http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.29Change: 0.02
R/$ = 11.33Change: -0.05
Au 1206.85 $/ozChange: -1.84
Pt 1287.00 $/ozChange: -15.00
 
 
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|Mercedes Benz|Mugabe|Thabo Mbeki
Gold||Housing|PROJECT|Projects|Rental|Resources|Transnet|Zambia||||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|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
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....
HIGH COST FOR GOOD HEALTH Linezolid, one of the only effective treatments for drug resistant tuberculosis, is priced at R676 a pill in South Africa
It has been over six years since the government began developing the draft policy on intellectual property (IP) that has been the focus of major public controversy following the PharmaGate scandal, which involved a leaked pharmaceutical industry email by Knowledge...
More
 
 
Latest News
Information and communication technology services group Gijima on Tuesday announced that it would undertake a rights offer and restructure its existing trade receivables securitisation funding programme to ensure that it had sufficient working capital to underpin the...
Lynne Brown
Public Enterprises Minister Lynne Brown has urged that the best candidates be nominated to serve on the boards of State Owned Entities (SOEs). “Help me identify your brightest and our best,” said Minister Brown as she launched an initiative to obtain the best pool of...
The Square Kilometre Array (SKA) has brought art and science together in an exhibition celebrating ancient humanity’s appreciation of the night sky. In a first for the SKA Organisation, indigenous and local artists from South Africa and Australia have collaborated in...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
The South African new vehicle market is likely to reach around 630 000 units in 2014, down from the 650 000 units recorded in 2013, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. Van Zyl is also president of the National Association of...
Efforts by the Kenya government to increase energy generation by 5 000 MW over the next three years received a major boost following the award of a $2-billion contract to build a coal power plant in Lamu.  Despite allegations of irregular tendering process, the...
Using crafty wordplay on a well-known Internet meme, brilliant South African-born US entrepreneur and businessperson Elon Musk announced that Tesla Motors would not initiate patent lawsuits against anyone who, in good faith, wanted to use its technology. Instead,...
August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37 953 units, contracted by 1 047 units, or 2.7%, compared with August last year.
With South Africans facing the challenge of reducing electricity consumption, the biennial Eskom Energy Efficient Lighting Design Competition, to encourage the integration of energy efficient lighting in architectural, engineering and interior design, received a...
 
 
 
 
 
 
 
 
 
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