Jul 04, 2008
Daily podcast – July 4, 2008Back
Gold|Harare|Johannesburg|Africa|DIAMONDCORP|Ghana|Ghana Telecom|Industrial|PROJECT|Safety|Vodafone|Africa|Congo|Ghana|Iraq|South Africa|United States|Zimbabwe|ZAR|Industrial Chemicals|Industrial Chemicals Sector|Manufacturing|Department Of Trade And Industry|Amy Witherden|Barack Obama|Mandisi Mpahlwa|Mbeki|Tumelo Chipfuma
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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.
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.
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.
In political news:
President Mbeki denies xenophobia behind South African attacks on African migrants.
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 1 hour 5 minutes 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 1 hour 43 minutes 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 1 hour 48 minutes 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...