Mar 25, 2010
Daily podcast – March 25, 2010Back
Johannesburg|Africa|Electricidade De Mozambique|Nissan SA|Nissan South Africa|PROJECT|SEW Eurodrive|SEW-Eurodrive|Zain|Africa|Mozambique|South Africa|United States|USD|Drive Technology|Electricity Tariff Hike|Electricity Use|Energy|Energy Bills|Energy Costs|Less Electricity|Parts Suppliers|Service|Vehicle Manufacturer|Manuel Cuambe|Power|Stefan Haasbroek|Drive Technology
© Reuse this
Thursday, March 25, 2010.
From Creamer Media in Johannesburg, I'm Shannon de Ryhove.
Making headlines today:
Vehicle manufacturer Nissan South Africa purchasing GM Stefan Haasbroek says that the 25% electricity tariff hike that is due to come into effect on April 1 would place strain on Nissan SA and its parts suppliers.
Haasbroek says that the company's 80 component suppliers are already facing difficulty in becoming and remaining globally competitive as local cost pressures continue to mount. Besides energy bills, these include supply chain costs, as South Africa is located far from its major import and export markets, as well as rising raw material costs.
However, suppliers and the vehicle manufacturer are doing their best to curb energy costs by implementing some innovative solutions, such as simply using less electricity and changing shift patterns so as to reduce electricity use during peak tariff hours.
The company's CEO, Manuel Cuambe, wouldn't be drawn on where the funding had come from.
The utility planned to use the money for electrification programmes covering 115 districts.
Mozambique has one of the lowest electricity connections rates from its national grid in the southern African region, with connection rates of 14,3% covering people living in 89 of the country's 128 districts.
Bharti Airtel moves closer to fulfilling its Africa ambitions after Kuwaiti telecom Zain's board approved the sale of most of its African assets to the Indian firm for $9-billion.
That's a round up of news making headlines today.
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 2 minutes ago Uganda could rely on income from future oil exports to finance an $8-billion railway if funding talks with China fail to bear fruit, its president said. Yoweri Museveni confirmed that Uganda had started negotiations with China on building the line that would link to...
Updated 1 hour 1 minute ago JSE-listed materials supplier Afrimat expects to report basic earnings per share (EPS) of between 59c and 64c, when it releases its interim results for the six months ended August 31. This would be between 20% and 30% higher than the EPS of 49.1c recorded in the...
Updated 1 hour 24 minutes ago JSE-listed Freedom Properties has appointed Jan Francois (Franky) Pretorius as CFO and FD to succeed Richard Eaton, who resigned on October 17. Pretorius is a qualified chartered accountant and completed his articles with KPMG, where he was eventually promoted to...
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
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.
This Week's Magazine
The broad-based black economic-empowerment (BBBEE) alignment process in the con-struction sector has begun, dur-ing which the sector codes of the Construction Sector Charter Council (CSCC) will be aligned with the revised Codes of Good Practice (CoGP), which come...
It is second time lucky for Toby Venter. Ten years ago he negotiated to buy the Kyalami racetrack, but “the deal did not materialise”.
Environmental solutions company I-Cat started construction work on its R22-million, 1 949 m2 environmentally sustainable office and warehouse facility, commissioned by I-CAT Environmental Solutions, at a launch event in October. The new sustainable I-CAT campus,...
Effective file synchronisation and sharing across an organisation’s structures can provide the basis for robust mobile-device and document management while maintaining proper backup, version control and content distribution. These are the lessons learned by complex...
Hotel group Carlson Rezidor currently holds the largest hotel pipeline in Africa with 30 hotels and 6 300 rooms under development. The hotel group develops and operates Radisson Blu in the upper upscale segment and Park Inn by Radisson in the mid-market segment. With...