http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.22Change: 0.02
R/$ = 10.71Change: 0.03
Au 1278.62 $/ozChange: 3.67
Pt 1417.00 $/ozChange: -3.20
 
 
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  
 
 
Feb 02, 2010

Daily podcast – February 2, 2010

Back
poden_2022010
Construction|Johannesburg|Africa|Diesel|Honda South Africa|Housing|Nedbank|South African Airways|Africa|ZAR|Vimla Maistry|Previous Generation Jazz|Diesel
Construction||Africa|Diesel|Housing||Africa||||
construction|johannesburg|africa-company|diesel-company|honda-south-africa|housing|nedbank|south-african-airways|africa|zar|vimla-maistry|previous-generation-jazz|diesel
© Reuse this



Tuesday, February 2, 2010.

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

Making headlines today:

The affordable housing division of Nedbank Corporate Property Finance will fund a new 200-million-rand development to be built by the Cosmopolitan group, in Mapleton, near Vosloorus, in Gauteng.

The banking group says that the affordable housing development will entail the construction of 522 residential stands, 270 of which would be completed as part of phase one by the end of February.

Stands averaged at 250 square meters, with houses ranging in sizes of between 40 and 70 square meters.

The entry-level house prices would start at 370 000-rand and packages will include all costs, such as professional fees, conveyancing, bond registration, council connections and approval fees.


National carrier South African Airways has published a request for bids for consultants to advise it on the restructuring options for its maintenance and repair wing, SAA Technical (SAAT). This could, eventually, lead to the introduction of private equity partners at the unit.

The inclusion of a possible strategic equity partner at the SAA subsidiary has been considered ever since April 2000, when SAAT was set up as a separate and distinct company. However, there have been several false starts since then, despite initial indications that a sale was likely during 2008.

In the intervening period, the maintenance repair and overhaul division has been actively seeking to expand its third-party customer base, so as to decrease its reliance on SAA, which remains a key client.

SAA spokesperson Vimla Maistry said that the tender formed part of a process of unbundling the business unit, which itself formed part of the broader restructuring of the State-owned airline, which began in May 2007.


Also making headlines:

Honda South Africa recalls its previous generation Jazz.
The Kagiso Purchasing Managers Index increases for a sixth consecutive month.
Truck assembler Nissan Diesel South Africa forms an alliance with Wesbank to facilitate financing for its customers.
And, Africa's telecom sector will have private investments of more $70-billion by 2012.

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 minutes ago The South African energy industry had to take stock of its actions and ensure that it not only focused on rapid results in the short term but also on long-term sustainability, South African National Energy Association (Sanea) chairperson Brian Statham said on...
Mercedes-Benz E-Class
Updated 37 minutes ago The Mercedes-Benz E-Class has been crowned the best-quality passenger car in South Africa, followed by the C-Class Coupé and the C-Class petrol model. This title has been awarded by research house Ipsos, based on telephonic interviews conducted with new vehicle...
Updated 50 minutes ago TSX-listed SNC-Lavalin has completed its C$2.1-billion buy out of global oil and gas services company Kentz Corporation, with the latter’s integration into the engineering and construction firm under way. SNC-Lavalin aimed to transform its oil and gas division into...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
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...
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.
 
 
 
 
 
This Week's Magazine
MODDERFONTEIN NEW CITY Modderfontein New City will aim to exemplify an integrated city node and improve infrastructure utilisation through mixed-use spaces
The multibillion-rand development of the Zendai Modderfontein New City, east of Johannesburg, will aim to exemplify an integrated city node, says property group Zendai South Africa COO Wenhui Du. The development will focus on the Modderfontein Gautrain station to be...
The South African Civil Aviation Authority (CAA) hopes to have finalised regulations for the flying of Unmanned Air Vehicles (UAVs) – also designated Remotely Piloted Air Systems (RPAS) and popularly called drones – in the country’s civilian airspace by the end...
Various stakeholders have expressed optimism that the Small Business Development Ministry, created after the national elections in May, will add much needed impetus to enterprise development in South Africa, where a strengthening of the entrepreneurial culture is...
BOB SCHOLES To ensure that emissions plateau by 2020 and then decline until a net negative emission level is achieved by the end of the century, CO2 capture and storage in addition to major emission reduction efforts will be needed
Capturing and storing carbon dioxide (CO2) is the only way through which the world will achieve the lowest of the United Nations Framework Convention on Climate Change’s (UNFCCC) global warming predictions, called the representative concentration pathway (RCP) 2.6....
PARKS TAU Ongoing investigations had identified at least 30 large power users in Johannesburg as having defrauded the city
The City of Johannesburg has recovered R107-million following the arrest of 22 people allegedly involved in corruption, collusion, fraud and tampering with the city’s electricity systems, which had ultimately cost the city R200-million in lost revenue.
 
 
 
 
 
 
 
 
 
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