Feb 26, 2009
Daily podcast – February 26, 2009Back
Johannesburg|Grindrod|Roscosmos|Vodafone|Africa|Russia|South Africa|ZAR|International Space Station|Space Agency|Mandisi Mpahlwa|Murray|Nico Vermeulen
© Reuse this
Thursday, February 26, 2009.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
A joint government-industry task team has been established to draw up recommendations on bringing relief to the embattled automotive industry.
The team was expected to finish this document within the next two to three weeks, and to then present its findings to Trade and Industry Minister Mandisi Mpahlwa.
National Association of Automobile Manufacturers of South Africa director Nico Vermeulen said that the task team would look at three basic things. It would look at ways to enhance the cash flow of companies, to stimulate vehicle demand, and to ensure employment stabilisation.
He said the task team would also focus on the methods used in other countries to safeguard their automotive manufacturing bases.
However, the delay is not due to any technical, contractual, or political problem, but simply the result of a rescheduling of programmed launches by the Russian space agency Roscosmos. The agency has had to bring forward a manned mission to the International Space Station.
SumbandilaSat should arrive in Russia any day now, to be prepared for launch. It takes some 40 days to prepare a satellite for its flight, including its integration on to the topmost stage of its carrier rocket. It will be carried into orbit by a Soyuz launch vehicle. SumbandilaSat will form a secondary payload for the rocket, the primary being a Russian Meteor M weather satellite.
JSE-listed shipping and logistics company Grindrod's earnings surge to over 2-billion-rand.
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
Other Intellectual Property Law News
Updated 5 hours ago South Africa's State pension fund said on Friday it remained opposed to a $1.2-billion cash and stock takeover offer for local drugmaker Adcock Ingram from CFR Pharmaceuticals, saying it did not want shares in the Chilean company. Opposition from the state-run...
Updated 5 hours ago South Africa's biggest union will not support the ruling ANC in elections next year, its general secretary said on Friday, in a blow to President Jacob Zuma, whose political support with the working class is fast eroding. The salvo from the 330 000-member National...
Recent Research Reports
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 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...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
Projects in Progress - Second Edition (PDF Report)
Creamer Media’s second Projects in Progress supplement considers some of the major project developments under way, including high-profile energy and transport projects, as well as a few of the lower-profile public and private developments. What remains apparent is...
Water 2013: A review of South Africa’s water sector (PDF Report)
Creamer Media’s Water 2013 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Canadian Mining Roundup for June 2013 (PDF Report)
The June 2013 roundup includes details of the development of TSX-V-listed Aldridge Minerals’ flagship Yenipazar polymetallic project, in Turkey; the Canadian Nuclear Safety Commission’s renewal of Cameco’s uranium mining licence pertaining to the Cigar Lake...
This Week's Magazine
Johannesburg-based locomotive solutions provider DCD Rolling Stock officially launched Phase 1 of its R240-million recapitalisation programme at its Boksburg manufacturing facility, last month.
Sales of electric cars should pick up once more such vehicles become available on the South African market, says Nissan South Africa (SA) chief marketing manager Ross Garvie. The local arm of the Japanese car company launched the country’s first fully electric...
Denel Land Systems’ (DLS) Mechem division is successfully marketing the latest version of its highly regarded Casspir mine-protected vehicle, the Casspir NG2000 series wide body ambulance. As its description says, this has a notably wider body than standard...
The infrastructure boom in Africa has seen investment in 322 megaprojects reach $222.7-billion, says professional services firm Deloitte in its ‘African Construction Trends’ report. Deloitte Southern Africa infrastructure and capital projects leader André Pottas...
ASME, the international engineering profession’s cooperative, educational and training, research, outreach and codes and standards development organisation (originally the American Society for Mechanical Engineers, founded in 1880), is seeking to improve the...