http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 15.22Change: -0.10
R/$ = 13.56Change: -0.11
Au 1129.90 $/ozChange: -5.59
Pt 1013.00 $/ozChange: -3.00
 
 
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 Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Dec 03, 2009

Daily podcast – December 3, 2009

Back
poden_3122009
 
 
 
Africa|CoAL|Coal-fired Power Station|Eskom|Gas|Industrial|Motors|PROJECT|Road|SEW Eurodrive|SEW-Eurodrive|Africa|Energy|Motors|Power Generation|Power-generation|Motors|Power|Motors
Africa|CoAL|Coal-fired Power Station|Eskom|Gas|Industrial|Motors|PROJECT|Road|SEW Eurodrive|SEW-Eurodrive|Africa|Energy|Motors|Power Generation|Power-generation|Motors|Power|Motors
africa-company|coal|coalfired-power-station|eskom|gas|industrial|motors-company|project|road|sew-eurodrive|seweurodrive-company|africa|energy|motors-industry-term|power-generation|power-generation-industry-term|motors-person|power|motors
© Reuse this



This podcast is brought to you by SEW Eurodrive - Leaders in the field of drive technology.

Thursday, December 3, 2009.

From Creamer Media in Johannesburg, I'm Shannon de Ryhove.

Making headlines today:

The World Bank is to expedite a 3,75-billion-dollar loan for South African power utility Eskom and to present it for approval in March 2010.

The loan, which will be guaranteed by the government, is intended to help the state-owned utility with a critical 51,4-billion-dollars power supply expansion to enable it to meet fast-rising demand.

If approved, it will be the largest World Bank loan for a project in post-apartheid South Africa.

The 3,75-billion-dollar project will be financed through the the International Bank for Reconstruction and Development, the World Bank's financing arm for credit-worthy poorer countries and emerging market economies.

The bulk of the loan will go to developing the Medupi coal-fired power station, a 4 800 MW plant.


The Coega Development Corporation has called for an expression of interest from parties with the required financial and technical capabilities to build and operate a 2 400-MW combined-cycle gas-turbine power plant, at the Coega Industrial Development Zone, in the Eastern Cape.

The project will provide an opportunity for independent power producers to participate. The project will also complement other national power generation programmes.

State-owned power utility Eskom said this week that there would be a significant shift in its business strategy, including introducing IPPs in power generation to meet some of South Africa's short to medium-term supply shortfalls.

CDC business development executive manager Khwezi Tiya says that the project will "transform the landscape" of the IDZ.


Also making headlines:

The board of US auto manufacturer General Motors has asked its CEO to resign.
Energy Minister to brief South Africa on the much-anticipated power-generation road map.
November vehicle retail sales disappoint, but exports surge.
And, Zimbabwe's economy is on the mend, with 7% growth seen in 2010.


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
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...
More
 
 
Latest News
Updated 31 minutes ago Multinational company Essel Group Middle East (EGME) has received formal approval from the government of Kenya for its $100-million investment participation in Canadian publicly traded oil and gas company Simba Energy’s assets in Kenya. The company in June signed an...
Updated 55 minutes ago Nuclear energy is the cheapest source of energy in South Africa‚ and is subsidising renewable energy‚ says Energy Minister Tina Joemat-Pettersson‚ on another day of heated parliamentary debate as ministers refused to lift the veil of secrecy surrounding the proposed...
Updated 1 hour 13 minutes ago South African car sales fell for the fourth straight month in July after the rand weakened to historic lows, pushing up the cost of imported parts and potentially fuelling pay demands. Patchy electricity supply and the lingering threat of strikes are likely to...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Construction 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
Training company The Intelligence Transfer Centre will host the fourth yearly Environmental Crimes Conference at the Indaba Hotel, in Fourways, Johannesburg between September 9 and 10. Confirmed key regulatory bodies that will attend the event include the Department...
The government of Egypt has said it is ready to provide technical assistance to Malawi in the development of the Shire–Zambezi waterway, which is designed to link landlocked Malawi to the Indian Ocean by opening the two rivers for navigation. Egyptian ambassador to...
Kenya is finally set to start building a new multipurpose petroleum pipeline, after securing a $350-loan from a consortium of banks, including South Africa's Rand Merchant Bank. The other banks in the consortium are the Cooperative Bank of Kenya, Citibank's Kenya...
MARAIS VAN HEERDEN The owner/operator should be able to view the overall project design and progress made at any time
Three-dimensional (3D) engineering design models can now be viewed on tablets, which enable stakeholders to view the design without having to buy the design software used to create it, says engineering design firm 3DDraughting executive Marais van Heerden. The...
Ford’s newest offering in a long list of newcomers to the local market in the last two years is the B-Max multi-activity vehicle (MAV). The B-Max will play in the so called B-MAV segment, or the small MAV segment, currently dominated by Toyota’s Avanza, which sells...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96