R/€ = 15.08Change: 0.17
R/$ = 13.39Change: 0.16
Au 1151.02 $/ozChange: 4.57
Pt 944.00 $/ozChange: 9.50
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

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 Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Dec 10, 2008

Daily podcast – December 10, 2008

December 10 2008
© Reuse this

This podcast is brought to you by Ukwazi - Bringing relevant mining engineering consultancy services to dynamic industry.

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.

On Tuesday, the Department of Home Affairs introduced an events visa, for visitors from other African nations, planning to visit South Africa for the Confederations Cup, as well as the 2010 FIFA World Cup.

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.

Also making headlines:

The World Bank says the international financial crisis will sharply slow growth in emerging and developing economies next year.
The International Monetary Fund expects Namibia's economic growth to slow to about 3% in 2008.
Three Boeings operated by the defunct airline, Nationwide, have been sold to an unknown bidder for $1,07-million.
And, the number of people employed in South Africa's non-agricultural sectors rose by 0,4% in the third quarter.

That's a round up of news making headlines today. For more on these and other stories please visit


Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
Other Intellectual Property Law News
Alcatel-Lucent has organized in early July its Technology week in Nigeria. The Alcatel-Lucent Technology Week took place at a three-day event in both Lagos and Abuja. The event was well attended by over a hundred professionals from Nigeria ICT ecosystem....
If you were asked to imagine a computer network, the image that springs to mind would probably be one of a pristine office setting, where networking equipment is kept behind spotless glass doors in a dust- and temperature-controlled environment. But what of the real...
The Southern African Vinyls Association announced that Belgotex Floors has become the Association’s first official license holder of the Vinyl. product label – a mark of excellence that signifies the product complies with best practice as prescribed by SAVA’s Product...
Latest News
Thulas Nxesi
Updated 11 minutes ago Mining bosses and factory owners retrenching workers were threatening stability, Public Works Minister Thulas Nxesi told hundreds of Cosatu members in Cape Town taking part in the federation’s countrywide World Day march for Decent Work on Wednesday. “Retrenchments...
Updated 1 hour 32 minutes ago South African logistics utility Transnet is considering up to R200-billion ($14.5-billion) in cuts to its capital expansion plans over the next three years, two sources at the company said, as the global demand for iron ore and coal stalls. The utility, four years...
Updated 1 hour 44 minutes ago The EcoMobility Festival that is currently under way in Sandton marks the start of a long-term shift to an “ecomobile” future. Public transport, walking and cycling were set to become the transport modes of choice in future, with consulting firm Arup tasked with...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 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 infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Sphere Holdings CEO Itumeleng Kgaboesele
Black-owned investment holding company Sphere Holdings plans to raise a further R1-billion in the coming months in support of its strategy to become a leading black industrial enterprise, which could ultimately seek a listing on the JSE.
Energy analyst and EE Publishers MD Chris Yelland warned recently against excessive optimism regarding timescales for the proposed construction of new nuclear power plants (NPPs) in South Africa. He was speaking at a Nuclear Roundtable in Johannesburg. “I think we...
Malawi’s Lilongwe Water Board (LWB) is inviting eligible bidders to prequalify for the board’s efficiency improvement works, which will be implemented as part of the E24-million Lilongwe Water Resources Efficiency Programme.   LWB CEO Alfonso Chikuni explains that...
CROATIA, AN EU MEMBER BUT NOT A TDCA MEMBER On July 1, 2013, Croatia officially became the twenty-eighth member of the European Union (EU). Despite Croatia’s accession into the EU, it is yet to become party to the Trade, Development and Cooperation Agreement (TDCA)...
The Council for Scientific and Industrial Research (CSIR) has announced that its new Inundu airborne electronics testing, evaluation and training pod had made its first test flight on September 10. The successful flight was undertaken from Lanseria International...
Alert Close
Embed Code Close
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
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96