http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.34Change: -0.13
R/$ = 11.16Change: -0.09
Au 1218.13 $/ozChange: 0.87
Pt 1331.00 $/ozChange: -1.00
 
 
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
 
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  
 
 
May 08, 2008

Daily podcast - May 8, 2008

Back
May 8 2008
Gold|Johannesburg|Africa|Cement|China Mobile Limited|Harmony Gold|Mitsubishi|Reliance Communications|Safety|The Financial Times|Vodafone|Africa|Burundi|India|Namibia|South Africa|Sudan|United Kingdom|Zimbabwe|USD|ZAR|Skorpion Zinc Mine|Cellular Carrier|Gold Miner|Service|South African Chamber Of Commerce|Brian Molefe|Gold Fields|John McCain|Pascal Lamy|Patrice Motsepe|Power|Wang Jianzhou|BIOFUELS
Gold||Africa|Cement|Safety||Africa||||Service||Power||
gold|johannesburg|africa-company|cement-company|china-mobile-limited|harmony-gold|mitsubishi|reliance-communications|safety|the-financial-times|vodafone|africa|burundi|india|namibia|south-africa|sudan|united-kingdom|zimbabwe|usd|zar|skorpion-zinc-mine|cellular-carrier|gold-miner|service|south-african-chamber-of-commerce|brian-molefe|gold-fields-person|john-mccain|pascal-lamy|patrice-motsepe|power|wang-jianzhou|biofuels
© Reuse this This podcast is brought to you by Mitsubishi Fuso - you can rely on us.



Thursday, May eight, 2008

From Creamer Media in Johannesburg, I'm Shannon O'Donnell.

Making headlines today:

China Mobile Limited, the world's biggest cellular carrier, said on Thursday that it was interested in the South Africa market but had not entered a bid for operator MTN, which was the subject of takeover interest by India's Bharti Airtel.

"China Mobile has not joined the MTN bidding, but it is interested in the South African market and is looking at various opportunities for entering that market," Chief Executive Wang Jianzhou told reporters following the firm's annual general meeting, declining to elaborate on the firm's intentions.

China Mobile, UK-based giant Vodafone and India's Reliance Communications were cited by the Financial Times this week as likely to be interested in MTN, which has a market value of 40-billion dollars.


The pace of decline in business confidence appeared to have slowed, but the South African Chamber of Commerce and Industry, or Sacci, on Wednesday reported that the Business Confidence Index, or BCI, was at its lowest level for 2008.

The BCI tallied a slightly lower 93,4 index points in April, after measuring 93,9 in March.

"The Sacci BCI appears to have become somewhat sticky around the level of 94. With no clear direction from the global economy, uncertainty surrounding Zimbabwe, and lost domestic economic momentum, the BCI reflects strains in the economy and uncertainty on direction," the organisation said.


Africa's number-three gold miner Harmony Gold on Thursday reported a 650% increase in net profit to 345-million rand for the quarter ended March 31, compared with the previous three-month period.

During the quarter, cash operating costs shrank by 8,9%, despite a 16% production drop after the South African power crisis shut mines for five days in January.

In a note to the JSE's news service, Harmony said that the power crisis had cost it an estimated 800 kg of gold.


Also making headlines:

GrainSA wants open discussion on biofuels policy
Double-digit cement price hike on the cards
PIC's Brian Molefe succeeds Patrice Motsepe as Busa president
Gold Fields will review mine safety says CEO Nick Holland
Workers to strike at Namibia's Skorpion Zinc mine
And, Eastplats adopts shareholder rights plan

In political news:

Donors pledge 4,8-billion dollars in aid for Sudan
World Trade Organisation cannot immediately ease the food crisis says Pascal Lamy
John McCain pledges to champion religious freedoms
And, Burundi rebels drop amnesty bid and agree to go home

That's a round up of news making headlines today. For more on these and other stories, visit engineeringnews.co.za, miningweekly.com and polity.org.za

 


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....
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
 South Africa signed a nuclear power cooperation deal with Russia on Monday that paves the way for the building of up to 9.6 GW of nuclear power based on Russian technology by 2030, both sides said. The surprise announcement from the sidelines of a International...
Mozambican, Swazi and South African dignitaries at the official inauguration of the Maputo Corridor JOC
The Mozambican port and rail authorities plan to invest around $3-billion in the coming few years to raise yearly throughput at the Maputo port to between 40-million and 50-million tons by 2020 and to migrate additional cargo from road to rail. Speaking at the...
A series of unfortunate events led to Johannesburg and surrounding areas experiencing significant water shortages over the past week, City of Johannesburg mayoral committee member for development planning and urban management Roslynn Greeff said at a media briefing...
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 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
MANUFACTURING CAPABILITY Reliable Transformers designs and manufactures dry-type and oil-filled power and distribution transformers up to 3.5 MVA
While Ekurhuleni-based transformer manufacturer Reliable Transformers currently designs, manufactures and tests its products according to the SANS 780 specifications for distribution transformers and other applicable transformer specifications, it is working towards...
GHAREEB SAAD Kaspersky Lab products contain strong heuristics engines that monitor suspicious file execution to detect attacks
Global endpoint security solutions company Kaspersky Lab has introduced new measures to prevent cyber criminals from accessing sensitive data, alongside its malware-signature and heuristic device analysis detection methods. Threats to mobile devices have increased...
MICHAEL FLETCHER Real-time information available to government when citizens use publicly funded Wi-Fi networks will enable it to communicate with citizens and provide services
To ensure uptake and a positive impact, Wireless Fidelity (Wi-Fi) networks in cities must be provided at schools, community centres and commercial centres to enable citizens and government to access information that will improve access to and delivery of services....
Eco-estate Monaghan Farm, located near Lanseria airport, north-west of Johannesburg, has taken a new approach to modern living and sustainability with its 517 ha development, dedicated to farm living.
Forklift and lift-truck distributor Goscor Lift Hi-Reach launched the Genie SX-180, the tallest self-propelled super boom in Africa, in Johannesburg last month. “As the official distributor of the well-known Genie range of equipment in Southern Africa, we are pleased...
 
 
 
 
 
 
 
 
 
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