R/€ = 15.00Change: 0.11
R/$ = 13.30Change: 0.10
Au 1144.15 $/ozChange: 0.00
Pt 954.00 $/ozChange: 1.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Jul 04, 2008

Daily podcast – July 4, 2008

July 4 2008
© Reuse this Friday, July four, 2008.

From Creamer Media in Johannesburg, I'm Amy Witherden.

Making headlines today:

The Department of Trade and Industry on Thursday unveiled the long awaited Enterprise Incentive Programme, or EIP, which focuses on the sectors of manufacturing and tourism, and succeeds the Small and Medium Enterprise Development Programme that came to an end in 2006.

DTI Enterprise Organisation Deputy Director General Tumelo Chipfuma explained that the EIP had a budget of 750-million rand over the next year, and indicated that as the programme advanced, the budget would likely grow, and be adjusted to reflect the demand.

Trade and Industry Minister Mandisi Mpahlwa added that "the base at which the DTI was addressing industrial financing was a lot better. It had a coherent industrial policy framework, and a clear idea of the things that needed to be done. It had benefited from a review of the entire incentive dispensation," he said.

(audio clip)

Trade union members working in the industrial chemicals sector may go on strike next week, as trade union Solidarity on Thursday rejected a final wage increase of 11% with an additional 1% increase to be implemented in January next year.

Solidarity said a strike in the industrial chemicals sector seemed unavoidable, as it contended that only a 12% increase for the sector would be acceptable.

The union added that it had already been issued with a strike certificate. Solidarity management would caucus on Friday to consider further action.

Gold Fields has the worst mine death record in South Africa so far this year, with about half of a total of 85 deaths in the country's mines occurring at the group's operations, a senior official said.

Deaths in South African mines fell 22% to 85 in the first half of this year compared to the same period last year, the DME's chief inspector of mines Thabo Gazi said.

Gazi said a new Mine Health and Safety Amendment bill, still to be debated in parliament, would seek to improve safety in mines, and slap bigger fines for safety offenders.

Also making headlines:

Electricity consumption and generation decreased in May.
Vodafone acquires 70% stake in Ghana Telecom.
The planned Cosatu strike will disrupt business without bringing a solution.
China Railway cuts stake and funding in Congo project.
Inquiry into alleged human rights abuses at Angloplat nearing completion.
And, over 27 000 carats recovered from DiamondCorp's Free State tailings.

In political news:

President Mbeki denies xenophobia behind South African attacks on African migrants.
Zimbabweans seek refuge in US embassy in Harare.
US expects Zimbabwe sanctions vote at UN next week.
And, Barack Obama says he might "refine" his Iraq position.

That's a round up of news making headlines today. For more on these and other stories, visit, and

Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
Other Intellectual Property Law News
Alcatel-Lucent has organized in early July its Technology week in Nigeria. The Alcatel-Lucent Technology Week took place at a three-day event in both Lagos and Abuja. The event was well attended by over a hundred professionals from Nigeria ICT ecosystem....
If you were asked to imagine a computer network, the image that springs to mind would probably be one of a pristine office setting, where networking equipment is kept behind spotless glass doors in a dust- and temperature-controlled environment. But what of the real...
The Southern African Vinyls Association announced that Belgotex Floors has become the Association’s first official license holder of the Vinyl. product label – a mark of excellence that signifies the product complies with best practice as prescribed by SAVA’s Product...
Latest News
The contraction in the metals and engineering sector is worsening, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) warned on Thursday. Speaking after the release of production numbers by Statistics South Africa, Seifsa chief economist Henk...
Local innovation will undoubtedly provide solutions to many of the challenges faced by Africa, as it sets the tone for progress and enables businesses to gain a competitive advantage, create additional jobs and change peoples’ lives. Speaking as part of a panellist...
Zambia and Zimbabwe drew more water than they should have from the Kariba dam to generate electricity, draining the reservoir to 29% of its capacity in September, compared with 70% capacity last year, an engineering body said on Thursday. The Zambezi River Authority...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 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 infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
BUSINESS LEADERS PANEL Adam Craker, Ivor Chipkin, Alan Hosking and Allon Raiz at the 6th IQ Business Active Growth conference
Updated 4 hours ago At the sixth IQ Business conference held in Sandton last month, a panel of business leaders and academics advocated that business reclaims the initiative to spur growth in South Africa amid fragmented and haphazard political direction. Management consulting firm IQ...
Updated 4 hours ago The building industry is an essential component of the South African economy as it contributes about 15% to the gross fixed investment that drives the economy. However, with the country’s economy going through a tough time currently, this, in turn, reflects on the...
Updated 4 hours ago The recipients of the 2015 South African National Energy Association (Sanea)/South African National Energy Development Institute Energy (Sanedi) Awards were announced at a ceremony and banquet in Sandton last month. Sanea chairperson Brian Statham named Exxaro CEO...
ASHER BOHBOT EOH’s corporate goals were originally aspirations, but the company is relevant and is making a difference in the territories it operates in
Updated 4 hours ago As South African information technology (IT) firm EOH posted another full year of strong growth, CEO Asher Bohbot, known for his frank words, people-centric management style and stoic humanism, attributed the company’s continued South African and African growth to...
Updated 4 hours ago International heavy-equipment engine manufacturer Cummins’ regional distribution centre (RDC) in Woodmead, Gauteng, has halved the average logistics distribution time for clients in Southern Africa and allowed for critical or long-lead stock to be kept closer to...
Alert Close
Embed Code Close
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96