Jul 14, 2008
Daily podcast – July 14, 2008Back
Agriculture|Gold|Johannesburg|Cerro|Copper|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|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 7 hours ago Information and communication technology services group Gijima on Tuesday announced that it would undertake a rights offer and restructure its existing trade receivables securitisation funding programme to ensure that it had sufficient working capital to underpin the...
Updated 7 hours ago Public Enterprises Minister Lynne Brown has urged that the best candidates be nominated to serve on the boards of State Owned Entities (SOEs). “Help me identify your brightest and our best,” said Minister Brown as she launched an initiative to obtain the best pool of...
Updated 7 hours ago The Square Kilometre Array (SKA) has brought art and science together in an exhibition celebrating ancient humanity’s appreciation of the night sky. In a first for the SKA Organisation, indigenous and local artists from South Africa and Australia have collaborated in...
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 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.
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
The South African new vehicle market is likely to reach around 630 000 units in 2014, down from the 650 000 units recorded in 2013, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. Van Zyl is also president of the National Association of...
Efforts by the Kenya government to increase energy generation by 5 000 MW over the next three years received a major boost following the award of a $2-billion contract to build a coal power plant in Lamu. Despite allegations of irregular tendering process, the...
Using crafty wordplay on a well-known Internet meme, brilliant South African-born US entrepreneur and businessperson Elon Musk announced that Tesla Motors would not initiate patent lawsuits against anyone who, in good faith, wanted to use its technology. Instead,...
August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37 953 units, contracted by 1 047 units, or 2.7%, compared with August last year.
With South Africans facing the challenge of reducing electricity consumption, the biennial Eskom Energy Efficient Lighting Design Competition, to encourage the integration of energy efficient lighting in architectural, engineering and interior design, received a...