Dec 10, 2008
Daily podcast – December 10, 2008Back
Engineering|Johannesburg|Africa|Besa|Johannesburg Stock Exchange|New Zealand Stock Exchange|Africa|Namibia|South Africa|Consultancy Services|Mining|Services|Department Of Home Affairs|FIFA|High Caliber R-125 AM/FM Radio|FIFA World Cup
© Reuse this
Wednesday, December 10, 2008.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
On Wednesday, the Johannesburg Stock Exchange increased its offer for the Bond Exchange of South Africa by 39% to R125 a share, up from the previous R90 a share.
The JSE said that the offer consideration would be free from any downward price adjustments. Further, the JSE would keep Besa's fee structure without increases for two years, and would retain all staff.
In October, the JSE announced its intention to acquire Besa for R173,3-million. But, it was criticised by Besa's biggest shareholder, the New Zealand Stock Exchange, which said the offer was too low.
The event visa was specifically introduced for those African countries that were not visa exempt.
DHA programme manager for 2010, Morne Fourie, said that some of the requirements for a regular visa had been relaxed for the events visa, but that applicants would have to provide proof of purchase of a 2010 ticket. If no such proof could be provided, the applicant would have to apply for a regular visa.
However, other requirements relating to regular visas, such as health regulations, would remain in place for the events visa.
The World Bank says the international financial crisis will sharply slow growth in emerging and developing economies next year.
That's a round up of news making headlines today. For more on these and other stories please visit engineeringnews.co.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....
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...
Updated 1 hour 25 minutes ago Despite a decline in construction activity, confidence in the civil construction industry, as measured by the First National Bank (FNB) and Bureau for Economic Research (BER) civil confidence index, increased in the third quarter of the year, FNB said on Monday....
Updated 2 hours 8 minutes ago Energy efficient commercial buildings in South Africa delivered better returns than non-energy efficient buildings, a new study by the Investment Property Databank and the Green Building Council of South Africa has shown. The study, which investigated 461 commercial...
Updated 3 hours ago The Coega Development Corporation (CDC) has announced ambitious plans for the expansion of metals beneficiation initiatives and metals sector investments in South Africa through its newly unveiled 2014-2024 metals cluster strategy, which it hopes will attract...
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
While Ekurhuleni-based transformer manufacturer Reliable Transformers currently designs, manufactures and tests its products according to the SANS 780 specifications for distribution transformers and other applicable transformer specifications, it is working towards...
Global endpoint security solutions company Kaspersky Lab has introduced new measures to prevent cyber criminals from accessing sensitive data, alongside its malware-signature and heuristic device analysis detection methods. Threats to mobile devices have increased...
To ensure uptake and a positive impact, Wireless Fidelity (Wi-Fi) networks in cities must be provided at schools, community centres and commercial centres to enable citizens and government to access information that will improve access to and delivery of services....
Eco-estate Monaghan Farm, located near Lanseria airport, north-west of Johannesburg, has taken a new approach to modern living and sustainability with its 517 ha development, dedicated to farm living.
Forklift and lift-truck distributor Goscor Lift Hi-Reach launched the Genie SX-180, the tallest self-propelled super boom in Africa, in Johannesburg last month. “As the official distributor of the well-known Genie range of equipment in Southern Africa, we are pleased...