Feb 03, 2010
Daily podcast – February 3, 2010Back
Johannesburg|Africa|Eskom|Motors|PROJECT|Rio Tinto|Toyota Motor Corporation|Toyota South Africa Motors|Africa|Europe|Japan|South Africa|Tanzania|United States|Building|Electricity Agreement|Motors|Diamonds|Harry Kenyon-Slaney|Leo Kok|Motors|Auris|Motors|RAV4|Vehicles
© Reuse this
From Creamer Media in Johannesburg, I'm Shannon de Ryhove.
Making headlines today:
Japan's Toyota Motor Corporation is expanding the massive recall of some of its vehicles to include South Africa.
Toyota South Africa Motors (TSAM) spokesperson Leo Kok says that the recall process started in the US, and was aimed at correcting accelerator pedals on vehicles that might, "under very rare circumstances, be harder to depress, slow to return to the idle position, or remain open in a partially depressed position".
He says that TSAM can't yet pinpoint which models and model years could be affected. However, looking at global reports, and considering that the local recall could include the same vehicles as in the US and Europe, the Auris, Verso and RAV4 models could be affected.
Rio Tinto CE for diamonds and minerals, Harry Kenyon-Slaney, said that South Africa's cancellation of the electricity agreement wasn't condusive to attracting foreign direct investment (FDI).
The recent cancellation of the electricity agreement with Eskom led to the cancellation of the project, which Kenyon-Slaney said won't induce foreign direct investment into South Africa.
He said that electricity supply was an "absolutely critical" issue for Africa and Eskom's proposed electricity-tariff increases would have a negative impact.
Foreign direct investment into emerging markets is expected to rebound in 2010.
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
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
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 medication....
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 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.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
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 road...
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.
This Week's Magazine
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...