Jul 14, 2008
Daily podcast – July 14, 2008Back
Johannesburg|Cerro|South America|Algeria|France|Kenya|Peru|Sudan|Zimbabwe|USD|Corona Mine|Agriculture Processing|Energy Prices|Food|Food Crisis|Food Prices|Food Summit|Oil|Rural Infrastructure|Bernard Swanepoel|Juan Luis Kruger|Robert Zoellick|Tshediso Matona|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
Other Intellectual Property Law News
Updated 4 hours ago Western Europe remained the most popular geography for infrastructure investors, followed closely by North America and Australasia, while investor interest in markets such as India and China has dropped, a recent study by advisory firm Deloitte has found. Deloitte...
Updated 5 hours ago International freight volumes are expected to grow by 17% over the next five years, indicating a conservative recovery in global economic activity and world trade volumes, the International Air Transport Association (Iata) Airline Industry Forecast 2013-2017 revealed...
Updated 5 hours ago JSE-listed Hudaco Industries on Thursday announced that it had acquired the assets and liabilities of imported battery distributor Specialised Battery Systems (SBS). The final total consideration payable by Hudaco would depend on the company’s average profits over...
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
Mitsubishi Motors South Africa (MMSA) has introduced a 4x2 derivative of its Pajero Sport sports-utility vehicle (SUV), which will give it access to a substantial slice of the full-size SUV market, where it will compete with the likes of the Ford Everest, Chevrolet...
South African Energy Minister Ben Martins has affirmed that the government wants the country to be globally competitive in the nuclear sector. "Our responsibility has always been ... to ensure that, in nuclear energy, South Africa can compete with the rest of the...
Mercedes-Benz South Africa (MBSA) president and CEO Dr Martin Zimmermann describes the new S-Class as “a special place to be”, with the car creating a sense of “wellness” once you are seated inside the German brand’s flagship model. It is difficult to argue...
Water scarcity and water-quality issues are broadly recognised and understood in most political, business and civil organisations in South Africa, but solving water issues will require wide and continuous action in catchments and municipalities by organisations and...
Work is well under way on the R212-million Imvutshane dam, 30 km north-west of Stanger, in KwaZulu-Natal, which is a key link in supplying people in rural Maphumulo with a reliable source of safe drinking water.