http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.63Change: -0.02
R/$ = 12.29Change: -0.02
Au 1167.30 $/ozChange: 1.98
Pt 1082.50 $/ozChange: -0.50
 
 
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 04, 2008

Daily podcast – December 4, 2008

Back
December 4 2008
 
 
 
Engineering|Africa|Building|Environment|Eskom|Flow|Gautrain|Mining|Nuclear|rail|Africa|Gautrain|Flow|Services|Gautrain|Gautrain|Power
Engineering|Africa|Building|Environment|Eskom|Flow|Gautrain|Mining|Nuclear|rail|Africa|Gautrain|Flow|Services|Gautrain|Gautrain|Power
engineering|africa-company|building|environment|eskom|flow-company|gautrain-company|mining|nuclear|rail|africa|gautrain-facility|flow-industry-term|services|gautrain-organization|gautrain|power
© 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
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
More
 
 
Latest News
The Complaints and Compliance Committee (CCC) of the Independent Communications Authority of South Africa (Icasa) reserved judgment on Thursday in a complaint by eight publishers against the South African Post Office (SAPO). CCC chairperson JCW (Jacobus) van Rooyen...
Trade and Industry Minister Dr Rob Davies says a memorandum of understanding (MoU) signed by the Department of Trade and Industry (DTI), the Eastern Cape provincial government and dairy products manufacturer Nestlé South Africa on Thursday would create 800 permanent...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Electricity 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: Road and Rail 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
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
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