Dec 03, 2008
Daily podcast – December 3, 2008Back
Engineering|Johannesburg|Africa|CoAL|Eskom|Industrial|Industrial Development Corporation|PROJECT|Public Enterprises|Africa|South Africa|Zimbabwe|Consultancy Services|Electricity Savings|Electricity Tariffs|Energy|Energy Efficiency Campaign|Maintenance|Mining|Services|Baleka Mbete|Geoffrey Qhena|Portia Molefe|Power
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Wednesday, December 3, 2008.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
On Tuesday, business, organised labour and local government pledged their support to government's national energy efficiency campaign. This was ahead of power utility Eskom's expected maintenance period in January.
Department of Public Enterprises director general Portia Molefe said that South Africa's electricity savings had, to date, equated to a "paltry" 1,5% year-on-year.
She asserted that more had to be done and that everyone in the country had to realise that this was a real challenge.
Meanwhile, Deputy President Baleka Mbete said that government was committed to gradual and systematic phased increases in electricity tariffs, rather than one-off hikes. But she noted that this would only be possible through energy conservation.
South Africa's Industrial Development Corporation said that the pre-feasibility study for a 129-billion rand coal-to-liquid plant it was conducting with Sasol, was due in March 2009.
If successful, the project was scheduled for completion in 2016. The first fuel is expected to come on stream that same year.
IDC chief executive Geoffrey Qhena said the state-owned financial lender would invest at least 60-billion rand over the next five years, as a global credit crunch bites and companies seek alternative funders.
Also making headlines:
Zimbabwe introduces new banknotes as inflation soars.
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
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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...
Recent Research Reports
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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.
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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
Integrated energy and chemical company Sasol has partnered with Unisa Graduate School of Business Leadership (SBL) professor and founder and CEO of PanAvest Partnership Dr Douglas Boateng to publish a series of books on executive supply chain management aimed at...
The World Wide Fund for Nature’s (WWF’s) 2014 Living Planet Index (LPI) indicates that there has been a 52% decline in vertebrate species since 1970. The Index tracked the trends of 10 000 discrete populations of over 3000 vertebrate species between 1970 and 2010.
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Metrorail’s first new passenger train will arrive in November next year, says Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana. “Next year we will be able to put our hands around the infrastructure and equipment we have been talking about for so long.”
The Competition Commission has launched an investigation into what it says are “price fixing, market division and collusive tendering in the market for the manufacture and supply of automotive components to original equipment manufacturers” (OEMs, or vehicle...