Jul 04, 2008
Daily podcast – July 4, 2008Back
Gold|Harare|Johannesburg|Africa|DIAMONDCORP|Ghana Telecom|Industrial|PROJECT|Safety|Vodafone|Africa|Congo|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
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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.
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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...
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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...