http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.01Change: 0.00
R/$ = 10.67Change: -0.04
Au 1287.51 $/ozChange: 0.01
Pt 1424.50 $/ozChange: -1.50
 
 
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
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 04, 2010

Daily podcast – March 4, 2010

Back
poden_04032010
Johannesburg|Africa|ArcelorMittal South Africa|PROJECT|Projects|Road|Roads|Sishen Iron Ore Company|South African National Roads Agency Limited|Africa|South Africa|Zimbabwe|ZAR|Sishen Mine|Steel|Steel Producer|Iron Ore|Power|The 2010 FIFA World Cup
|Africa|PROJECT|Projects|Road|Roads||Africa||||Steel||Iron Ore|Power|
johannesburg|africa-company|arcelormittal-south-africa|project|projects|road|roads|sishen-iron-ore-company|south-african-national-roads-agency-limited|africa|south-africa|zimbabwe|zar|sishen-mine|steel|steel-producer|iron-ore|power|the-2010-fifa-world-cup
© Reuse this



Thursday, March 4, 2010.

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

Making headlines today:

South Africa's largest steel producer ArcelorMittal South Africa announced on Wednesday that a dispute resolution process had been initiated in an attempt to resolve a matter between it and Kumba Iron Ore. The matter relates to a cost plus 3% supply deal, which the iron-ore miner cancelled as from March 1, 2010.

The JSE-listed steel group indicated that the dispute would be handled in accordance with the provisions of the supply agreement, which included arbitration. It announced that it had agreed with the JSE to lift the halt in the trade of its shares with immediate effect.

ArcelorMittal South Africa said in a statement that it had considered assertions made by Sishen Iron Ore Company relating to its mineral rights at the Sishen mine, but that it remained of the firm opinion that the long-term supply agreement remained valid and binding and that it would take all steps necessary to protect its shareholders in this regard.


The South African National Roads Agency Limited has raised a further 837-million-rand under its Domestic Medium Term Note Programme in the second auction for this year, bringing the total funds raised for its road upgrade projects to 15,9-billion-rand.

The agency again tapped into its two bonds with maturities in 2020 and 2034, as well as issued a new 2023 inflation-linked bond, for this auction, for which it received overall bids totalling 1,1-billion-rand.

The funds are being used to fund the expansion and upgrade of toll roads, particularly its 20-billion-rand Gauteng Freeway Improvement Project, which is planned to be substantially completed before the 2010 FIFA World Cup.


Also making headlines:

Signs of life in the truck market emerge.
Zimbabwe considers decommissioning the Hwange power plant.
South Africa's business confidence rises on positive economic developments.
And, the African telecoms sector is ready for consolidation, with MTN seen as an ‘attractive' asset.

And 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...
HIGH COST FOR GOOD HEALTH Linezolid, one of the only effective treatments for drug resistant tuberculosis, is priced at R676 a pill in South Africa
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...
More
 
 
Latest News
The pump prices of both grades of petrol and wholesale diesel, as well as the maximum retail prices of illuminating paraffin and liquefied petroleum gas (LPG), are set to decrease from September 3, the Department of Energy said on Friday. Petrol would drop by 67c/l,...
The amount owed to municipalities for services has continued to rise, reaching R94-billion by June, compared with the R93.3-billion recorded in December. Households still accounted for the bulk of the aggregate municipal consumer debts; however, this had declined...
More
 
 
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...
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
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...
 
 
 
 
 
 
 
 
 
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