http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.49Change: 0.10
R/$ = 10.50Change: 0.05
Au 1294.90 $/ozChange: -0.67
Pt 1407.50 $/ozChange: -21.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Nelson Mandela 1918 - 2013   Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science & Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 31, 2010

Daily podcast – March 31, 2010

Back
poden_31032010
Amsterdam|Johannesburg|ArcelorMittal South Africa|Renewable Energy|SEW Eurodrive|Tata Steel|Africa|India|Kuwait|South Africa|USD|ZAR|Drive Technology|Order Mining|Steel|Steel Price Surcharge|Naledi Pandor|Nonkululeko Nyembezi-Heita|Drive Technology
amsterdam|johannesburg|arcelormittal-south-africa|renewable-energy|sew-eurodrive|tata-steel|africa|india|kuwait|south-africa|usd|zar|drive-technology-industry-term|order-mining|steel|steel-price-surcharge|naledi-pandor|nonkululeko-nyembeziheita|drive-technology
© Reuse this



This podcast is brought to you by SEW Eurodrive - Leaders in the field of drive technology.

Wednesday, March 31, 2010.

From Creamer Media in Johannesburg, I'm Shannon de Ryhove.

Making headlines today:

The decision of JSE-listed steelmaker ArcelorMittal South Africa (AMSA) to impose a 600-rand a ton Sishen surcharge on the steel it sells has evoked an angry response from the South African government. Government described the surcharge as unjustifiable.

As a consequence, South Africa's Department of Trade and Industry said that it would be referring the matter to the Competition Commission to investigate AMSA for abuse of dominance and excessive pricing.

Simultaneously, AMSA CEO Nonkululeko Nyembezi-Heita announced that May 1 would be the date of AMSA's effective 10% steel price surcharge. The DTI says that the steelmaker is signalling that the South African economy is expected to bear the cost of its commercial error, which in turn will hamper its industrialisation efforts.

The DTI said that AMSA had committed a grave commercial error in failing to convert its old order mining rights to new order mining rights by the cut-off date prescribed in the Mineral and Petroleum Resources Development Act.


Bharti Airtel clinched a deal on Tuesday to buy most of the African operations of Kuwait's Zain for 9-billion-dollars. This makes it the number two cellular company on the African continent and sets India's biggest carrier a tough financial and management challenge.

The two companies, which entered exclusive talks in mid-February, signed a legally binding definitive agreement in Amsterdam, where Zain's Africa subsidiary is based.

Bharti said the acquisition would make it the world's fifth-largest wireless company, with operations across 18 countries and with a total of about 179-million customers. It is the second biggest overseas purchase by an Indian company after Tata Steel's 13-billion-dollar purchase of Corus in 2007.


Also making headlines:
Science and Technology Minister Naledi Pandor formally unveils the MeerKAT Precursor Array radio telescope.
Freight logistics group Transnet is in talks with Angolan ports on trans-shipment options at Ngqura.
South Africa saves 420 MW during Earth Hour.
And, renewable energy associations seek clarity on the Refit selection criteria.

That's a round up of news making headlines today.

 

Edited by: Shannon de Ryhove
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
More
 
 
Latest News
Few would argue with the notion that unemployment, which stands at around 25% on the narrow definition as reported by Statistics South Africa, remains one of the country’s most pressing challenges. Fewer still could contest the view that South Africa’s education...
Renewable-energy projects, such as this Northern Cape solar farm, seen as key to low‐carbon energy supply.
Upfront investment costs will and should remain a critical consideration as South Africa moves to upscale and accelerate its infrastructure programmes. But one of the lead authors of the latest Intergovernmental Panel on Climate Change (IPCC) argues that the...
The barrier to efficient water service delivery in South Africa was not of a technological nature but rather related to legal and Constitutional challenges, Water Research Commission (WRC) CEO Dhesigen Naidoo said on Thursday. Opening a WRC debate under the theme...
More
 
 
Recent Research Reports
Steel 2014: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless...
Projects in Progress 2014 - First Edition (PDF Report)
This publication contains insight into progress at the delayed Medupi and Kusile coal-fired projects, in Mpumalanga and Limpopo respectively, as well as at the Ingula pumped-storage scheme, which is under construction on the border between the Free State and...
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
 
 
 
 
 
This Week's Magazine
The Electronic Systems Laboratory (ESL) of the Department of Electrical and Electronic Engineering at Stellenbosch University is strongly reaffirming its position as one of South Africa’s leading centres for satellite technology and expertise. It is currently...
MORE IN SA Phase 2 should see local content on the mainline locomotive increase from 65% to 80% by the end of 2014
The world’s lowest-cost diesel-electric locomotive is not made in China, but in Pretoria, at RRL Grindrod Locomotives’ newly upgraded 30 000 m2 plant. The company’s locomotive pricing is “more competitive than any other original-equipment manufacturer (OEM)...
The South African Defence Review 2012, released to the public at the end of last month (despite the year given in its title) recommends the creation of the post of Chief Defence Scientist. This official would be responsible for the management of defence technology...
AltX-listed engineering technology company Ansys has been awarded an R188-million contract by Transnet to supply integrated dashboard display systems to the freight rail utility’s locomotives. Black-owned and controlled Ansys developed the bespoke integrated system...
South Africa’s sole nuclear power station Koeberg, which is located in the Western Cape, breached a major operations milestone on April 4, which marked the thirtieth anniversary of Unit 1 having been connected to the grid. Eskom, which operates the two-unit plant,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
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
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks