Jul 14, 2008
Daily podcast – July 14, 2008Back
Agriculture|Gold|Johannesburg|Cerro|Copper|Exploration|Gas|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...
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...
Recent Research Reports
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.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...