http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.74Change: 0.10
R/$ = 10.98Change: -0.03
Au 1164.92 $/ozChange: -35.30
Pt 1225.50 $/ozChange: -20.50
 
 
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
Updated 8 minutes ago Affordability was the key issue facing South Africa in terms of human settlements and housing development, South African Affordable Residential Developers Association committee member and Basil Read Developments MD Yusuf Patel said on Friday. Speaking at the Banking...
Updated 12 minutes ago Some two years after the merger of the United Transport and Allied Trade Union and the South African Railway and Harbour Workers Union, the newly formed entity has been officially renamed the United National Transport Union (UNTU). “[The merger of the unions] was...
Updated 21 minutes ago While South Africa may have the strongest reputation in Africa, the nation needed to enhance harmony with the continent’s other inhabitants to further spread the benefits of the “Africa rising” trend through boosting regional trade. Brand South Africa (SA) had been...
More
 
 
Recent Research Reports
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.
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.
 
 
 
 
 
This Week's Magazine
In the next 20 years, it was expected that, in Africa, more people would live in cities and towns than in rural areas, United Nations Habitat executive director Dr Aisa Kirabo Kacyira said at the Human Settlements Indaba that took place earlier this month in...
Tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Over the past 20 years there has been persistent concern about deindustrialisation in South Africa, as well as the fact that locally produced manufactured products have been increasingly displaced by imports.
Financial agreement for Ghanian independent power producer (IPP) Cenpower Generation Company’s $900-million, 350 MW combined-cycle gas-turbine power plant was finalised earlier this month, paving the way for the project’s construction to begin before 2015 in Tema,...
The revenue implications for South Africa of ‘base erosion and profit shifting’ by corporate taxpayers are firmly in the crosshairs of the Davis Tax Committee (DTC) and Judge Dennis Davis hinted last week that recommendations were being considered to “detect and...
 
 
 
 
 
 
 
 
 
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