Jul 14, 2008
Daily podcast – July 14, 2008Back
Agriculture|Gold|Johannesburg|Cerro|Copper|Environment|Exploration|Housing|PROJECT|Safety|South America|Algeria|France|Kenya|Peru|Sudan|Zimbabwe|USD|Corona Mine|Agriculture Processing|Energy|Energy Prices|Food|Food Crisis|Food Prices|Food Summit|Manufacturing|Mining|Oil|Rural Infrastructure|Bernard Swanepoel|Infrastructure|Juan Luis Kruger|Robert Zoellick|Tshediso Matona|Operations|BIOFUELS
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From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
The newly launched Enterprise Investment Programme (EIP), which currently focuses on manufacturing and tourism, could in the long-term evolve into a tool to support the agriculture industry, a top government official said on Friday.
Department of Trade and Industry Director-General Tshediso Matona, speaking at the food summit organised by the Gauteng Department of Agriculture, Conservation and Environment to seek ways to deal with rising prices, said that the EIP could assist in creating investment in rural infrastructure to support agriculture processing.
Matona also said that reviewing agricultural trade and tariff policies and amending the Competition Act, could also be valuable responses made by government to mitigate the food crisis.
He repeated that with food and fuel prices in a "danger zone" there was a need for 10-billion dollars to provide food and cash handouts for the world's poorest.
Soaring oil and food prices have fuelled inflation across the globe at the same time as economies slow, posing a sharp dilemma for policymakers.
Its new Cerro Corona mine in Peru, scheduled to start shipping gold and copper in concentrate by early September, will produce 350 000 oounces a year of gold equivalent, and there is room to grow this significantly.
Head of South American operations Juan Luis Kruger said at a visit to the mine that the operation was "one small piece in a much larger puzzle" of Gold Fields' strategy for growing its Latin American profile.
Algeria invites bids for oil/gas exploration
In political news:
The ANC defends Gwede Mantashe's remarks on judges
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 medication....
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...
Updated 2 hours 43 minutes ago South African Nuclear Energy Corporation (Necsa) group corporate services executive Ambassador Xolisa Mabhongo stressed on Thursday that South Africa currently had only one Integrated Resource Plan (IRP) for electricity, the IRP 2010, and that the IRP Update...
Updated 4 hours ago South Africans needed to become more entrepreneurial and create their own jobs, instead of expecting government to create jobs or rely on private-sector employment. “We need to become masters of our own destinies,” Small Business Development Deputy Minister Elizabeth...
Updated 4 hours ago Plans to increase gross domestic expenditure on research and development (GERD) to 1.5% of gross domestic product by 2019 are yet to be formally adopted, despite the target being incorporated in the draft strategic plan of the Department of Science and Technology...
Recent Research Reports
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.
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.
This Week's Magazine
Integrated energy and chemical company Sasol has partnered with Unisa Graduate School of Business Leadership (SBL) professor and founder and CEO of PanAvest Partnership Dr Douglas Boateng to publish a series of books on executive supply chain management aimed at...
The World Wide Fund for Nature’s (WWF’s) 2014 Living Planet Index (LPI) indicates that there has been a 52% decline in vertebrate species since 1970. The Index tracked the trends of 10 000 discrete populations of over 3000 vertebrate species between 1970 and 2010.
Rwanda has joined a number of East African countries seeking to import electricity from Ethiopia as its demand grows. After it became apparent several generation project it is implementing will not come on stream early enough, now plans to import 400 MW from Ethiopia...
Metrorail’s first new passenger train will arrive in November next year, says Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana. “Next year we will be able to put our hands around the infrastructure and equipment we have been talking about for so long.”
The Competition Commission has launched an investigation into what it says are “price fixing, market division and collusive tendering in the market for the manufacture and supply of automotive components to original equipment manufacturers” (OEMs, or vehicle...
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