http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.33Change: -0.09
R/$ = 10.70Change: -0.09
Au 1282.35 $/ozChange: -12.85
Pt 1461.50 $/ozChange: -16.00
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Dec 04, 2008

Daily podcast – December 4, 2008

Back
December 4 2008
Engineering|Johannesburg|Africa|Eskom|Flow|FNB|Gautrain|Nuclear|Telkom|The First National Bank Building|Vodacom|Vodafone|Africa|South Africa|United Kingdom|ZAR|Gautrain|Cellular Giant|Consultancy Services|Flow|Mining|Nuclear|Gautrain|Cees Bruggemans|Gautrain|Power|Rail
Engineering||Africa|Eskom|Flow|Gautrain|Nuclear||Africa|||Gautrain|Flow|Mining|Nuclear|Gautrain|Gautrain|Power|Rail
engineering|johannesburg|africa-company|eskom|flow-company|fnb|gautrain-company|nuclear-company|telkom|the-first-national-bank-building|vodacom|vodafone|africa|south-africa|united-kingdom|zar|gautrain-facility|cellular-giant|consultancy-services|flow-industry-term|mining|nuclear-industry-term|gautrain-organization|cees-bruggemans|gautrain|power|rail
© Reuse this



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

Thursday, December 4, 2008.

From Creamer Media in Johannesburg, I'm Shannon O'Donnell.

Making headlines today:

Telecoms operator Telkom was likely to launch a "converged" fixed-mobile bundle into the South African market within weeks of the listing of cellular giant Vodacom. This listing is still scheduled to take place within the first quarter of 2009.

The partially State-owned telecoms utility recently reached agreement with Vodafone, of the UK, whereby 15% of Telkom's 50% stake in Vodacom would be sold to Vodafone for 22,5-billion rand. The 35% balance will be unbundled to Telkom shareholders.

Fifty per cent of the proceeds would flow back to shareholders in the form of a special dividend. Telkom would retain the 10,9-billion rand balance for its repositioning strategy.

Confidence in South Africa's building industry plunged in the fourth quarter. This was as weak demand for property threatened profitability.

The First National Bank Building Confidence Index fell to 40 points in the fourth quarter, falling to below 50 for the first time since 2001, from 52 in the third quarter.

FNB chief economist Cees Bruggemans said that for various role-players, from architects to retail building material merchants, confidence was down.

He said the underlying reason is the environment of higher interest rates, affordability problems and, aside of any supply problems that may exist in the building trade, these factors are steadily pushing confidence levels lower.

Also making headlines:

The Southern African Customs Union will over the weekend to try and reach a consensus on the economic partnership agreement with the European Union.
Nissan South Africa may retrench workers.
First shipment of Gautrain rail cars arrives in South Africa.
And, Eskom completes repairs to the 900 MW unit at its nuclear power station.

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...
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
Updated 2 hours 18 minutes ago 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...
Updated 2 hours 21 minutes ago 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...
Updated 2 hours 29 minutes ago 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
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
GARYN RAPSON Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will open the door for court battles to determine who will be held liable for the remediation
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...
 
 
 
 
 
 
 
 
 
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