http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.35Change: -0.04
R/$ = 10.72Change: -0.04
Au 1283.45 $/ozChange: 1.20
Pt 1462.70 $/ozChange: 1.70
 
 
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  
 
 
Dec 12, 2008

Daily podcast – December 12, 2008

Back
December 12 2008
Construction|Engineering|Johannesburg|Africa|ArcelorMittal South Africa|CoAL|Gas|Paper|PetroSA|PROJECT|Sappi|The South African Reserve Bank|Water|WBHO|Africa|South Africa|CTL Plant|Consultancy Services|Corporate Communications|Day Crude Oil Refinery|Energy|Energy Supply Pool|Mining|Oil And Gas|Steel|Steel Producer|Infrastructure|Sipho Mkhize|Sven Lunsche|Water
Construction|Engineering||Africa|CoAL|Gas|Paper|PROJECT|Sappi|Water||Africa|||Energy|Mining|Oil And Gas|Steel||Infrastructure|Water
construction|engineering|johannesburg|africa-company|arcelormittal-south-africa|coal|gas-company|paper-company|petrosa|project|sappi|the-south-african-reserve-bank|water-company|wbho|africa|south-africa|ctl-plant|consultancy-services|corporate-communications|day-crude-oil-refinery|energy|energy-supply-pool|mining|oil-and-gas|steel|steel-producer|infrastructure|sipho-mkhize|sven-lunsche|water
© Reuse this



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

Friday, December 12, 2008.

From Creamer Media in Johannesburg, I'm Darren Parker.

Making headlines today:

On Thursday, PetroSA CEO Sipho Mkhize said that South Africa's national oil and gas company had placed its coal-to-liquids project on hold.

The project has been delayed to allow time to further investigate issues such as water availability, carbon sequestration and other infrastructure needs.

The 80 000 barrel a day CTL plant was expected to start contributing to South Africa's energy supply pool by about 2020.

However, PetroSA acting head of corporate communications, Thabo Mabaso, said that the project could possibly only be restarted "a number of years" down the line.

PetroSA's other refining project, a 400 000 barrel a day crude oil refinery, at Coega, was on track. It was finally awarded the contract for an engineering partner on Monday.


Steel producer ArcelorMittal South Africa has confirmed that it would cut about 1 000 contractor jobs. This in line with its announcement in November that it would terminate temporary labour contracts.

Spokesperson Sven Lünsche said the company employed about 2 500 contract workers. He said no permanent jobs had been terminated.

In November, ArcelorMittal South Africa cut its production by 30% to ensure that permanent job losses were avoided.


Also making headlines:

Construction companies Murray & Roberts and Aveng are taken off the JSE's Top 40 Index.
The South African Reserve Bank cuts the repo rate by 50 basis points to 11,5%.
Construction group WBHO says its earnings a share could double in the first half of the 2009 financial year.
And, South Africa's Sappi cuts its European fine paper output by 20%.

That's a round up of news making headlines today. Creamer Media would like to wish its podcast listeners a happy festive season and a prosperous 2009. We'll resume podcasts in the New Year.

 

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...
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
Independent, black-owned and managed investment holding company Southern Palace Properties has acquired an 8% stake in Growthpoint Properties from the Public Investment Corporation’s (PIC’s) Government Employees Pension Fund (GEPF) for R4.5-billion. Standard Bank...
Shareholders of JSE-listed real estate investment trusts (REITs) Octodec and Premium Properties have approved the proposed merger of the two companies, creating a combined property fund that will attract a market capitalisation in excess of R5-billion and comprise...
The Metal and Engineering Industries Bargaining Council (MEIBC) this week called on employees and employers to exercise restraint as the metals and engineering industries resumed operations following a four-week strike, stating that it regretted the strike’s...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Updated 3 hours ago South African construction company Group Five says work on the rehabilitation of the 800 km stretch of the Plumtree–Mutare highway, in Zimbabwe, should be completed by the end of this year. Giving evidence before the Parliamentary Porfolio Committee on Transport...
SINGLE EXPERIMENT An artist’s impression of OCO-2 in orbit
Updated 3 hours ago The Space Operations division of the South African National Space Agency (Sansa) revealed on July 17 that it had supported the successful launch of the US National Aeronautics and Space Administration’s Orbiting Carbon Observatory-2 (OCO-2) satellite on July 2. The...
RICE TAG The real costs of operating Rea Vaya have become clear
Updated 3 hours ago Phase 1A of Johannesburg’s Rea Vaya bus rapid transit (BRT) system should carry around 42 000 people a day, while it was been expected that Phase 1B, rolled out last year, would add another 60 000 daily passengers. However, the entire system is currently carrying...
Updated 3 hours ago A stormwater project in Bedforview, east of Johannesburg, has stalled for eight months after project managers in the Ekurhuleni municipality resigned and municipal managers were placed on special leave without designating replacements. Construction to reinforce the...
Updated 3 hours ago The design of the Beit Bridge border post is the biggest impediment to efficient freight movement between Zimbabwe and South Africa, says Cross-border Road Transport Agency CEO Sipho Khumalo. Beit Bridge is the busiest border post in Africa. A research study on the...
 
 
 
 
 
 
 
 
 
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