http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.57Change: -0.02
R/$ = 12.24Change: -0.09
Au 1169.85 $/ozChange: -4.66
Pt 1085.50 $/ozChange: 6.00
 
 
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 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
Updated 17 minutes ago Speciality chemicals group Lanxess on Wednesday appointed its South African CFO Ben Marais as country representative and MD. Marais, a qualified South African Chartered Accountant, completed his articles with international accounting firm Deloitte. Over the years, he...
Economic Development Minister Ebrahim Patel
Updated 35 minutes ago Some four years after the signing of the Local Procurement Accord, which sketches government’s intention to achieve a 75% localisation spend in the procurement of goods and services, Economic Development Minister Ebrahim Patel has described government’s greatest...
Updated 40 minutes ago National carrier South African Airways (SAA) and Air Mauritius have concluded an agreement that will see a broadening of their codeshare agreement to enhance greater connectivity between the continent, South Africa, Mauritius and other intercontinental routes. “The...
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
JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own.
TEAMWORK Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd
Temporary power generation services provider Aggreko announced earlier this month that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest...
Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Brégier told international aviation journalists in Toulouse, France, at the company’s recent...
MEASURING DEVICES Bosch has released a mobile app that enables the measurements made with measuring devices to be sent and used directly on the app for accuracy and on-site quoting
Industrial tool manufacturer Bosch has increased the compatibility of many batteries in its range of blue industrial power tools and has released mobile-device applications (apps) for users of the tools, says Bosch South Africa training manager Peter du Bruyn. Many...
The new Nissan Navara has been launched onto the global market, but Nissan South Africa (NSA) will only know in August whether the local Rosslyn plant will assemble the one-ton pickup. The NSA plant currently produces the old NP300 Hardbody one-ton bakkie, as well as...
 
 
 
 
 
 
 
 
 
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