http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.33Change: -0.10
R/$ = 10.71Change: -0.09
Au 1282.00 $/ozChange: -13.20
Pt 1460.50 $/ozChange: -17.00
 
 
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 27, 2008

Daily Podcast – May 27, 2008

Back
May 27 2008
Johannesburg|Africa|Bharti Airtel|Cement|Deutsche Telekom|NTT DoCoMo Incorporated|PROJECT|Reliance Communications|Resources|Telkom|Vodacom Group|Vodafone|Water|Africa|Botswana|France|Iraq|Japan|Mozambique|South Africa|USD|ZAR|De Hoop Dam|Energy|Fixed-line Telephone Operator|Merged Group|Mining|Mobile Operator|Mobile Phone Group|Mobile Phone Operator|Telecoms Group|Lindiwe Hendricks|Nicholas Sarkozy|Power|Water|Limpopo|Sub-Saharan Africa|Cellular Telephone
|Africa|Cement|PROJECT|Resources|Water|Africa||||Energy|Mining||Power|Water|||
johannesburg|africa-company|bharti-airtel|cement-company|deutsche-telekom|ntt-docomo-incorporated|project|reliance-communications|resources|telkom|vodacom-group|vodafone|water-company|africa|botswana|france|iraq|japan|mozambique|south-africa|usd|zar|de-hoop-dam|energy|fixedline-telephone-operator|merged-group|mining|mobile-operator|mobile-phone-group|mobile-phone-operator|telecoms-group|lindiwe-hendricks|nicholas-sarkozy|power|water|limpopo|subsaharan-africa|cellular-telephone
© Reuse this Tuesday, May twenty-seven, 2008.



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

Making headlines today:

South Africa's biggest mobile phone operator, Vodacom Group, reported strong growth in profit for the year ended March, Telkom said on Tuesday.

Telkom said its mobile unit Vodacom had 34-million customers by the end of the period and that its earnings before interest tax and depreciation rose 15% to 16,5-billion rand.

The world's largest mobile phone group by revenue, Vodafone, owns a 50% stake in Vodacom, with the remainder held by Telkom, Africa's largest fixed-line telephone operator.


South Africa's MTN Group has started talks with Indian mobile operator Reliance Communications that could create a 66-billion dollar emerging markets telecoms group.

Indian number two Reliance quickly stepped into the void after bigger rival Bharti Airtel pulled out of talks with MTN at the weekend aimed at taking control of sub-Saharan Africa's biggest mobile operator.

A combination of MTN, valued at 38-billion dollars, and Reliance, valued at 28-billion dollars, would create a top ten global industry player to rival Japan's NTT DoCoMo Incorporated in market value. In terms of subscribers, a merged group would slot in just below Deutsche Telekom - as the seventh biggest in the world.


Water Affairs and Forestry Minister Lindiwe Hendricks on Monday signed a memorandum of agreement with 23 mining houses in Limpopo province for the development of the second phase of the Olifants River Water Resources Development Project, which would be funded through private and State funding.

The Department of Water Affairs and Forestry said this agreement had secured the 7,4-billion rand water supply project to Limpopo province, of which the De Hoop Dam was a large component.

The project would ensure a sustainable supply of water for mining and commercial use, as well as for public use.

Also making headlines:

Green Scorpions target cement producers in latest compliance campaign
ArcelorMittal South Africa opens new rod mill in Mozambique
Telkom restructuring could affect 19 000 jobs, says union
CIC Energy warns of further delays to Botswana power project
Assmang denies claims that Cato Ridge workers suffer from manganism
And, Botswana economy to benefit from new African commodities exchange

In political news:

US candidates ponder Iraq strategy
South African xenophobic violence under control
Ethiopian court sentences Mengistu to death
And, French president Nicholas Sarkozy says he will keep 35-hour work week


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...
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
Updated 6 hours ago Independent, black-owned and managed investment holding company Southern Palace Properties has acquired an 8% stake in Growthpoint Properties from the Public Investment Corporation’s (PIC’s) Government Employees Pension Fund (GEPF) for R4.5-billion. Standard Bank...
Updated 6 hours ago Shareholders of JSE-listed real estate investment trusts (REITs) Octodec and Premium Properties have approved the proposed merger of the two companies, creating a combined property fund that will attract a market capitalisation in excess of R5-billion and comprise...
Updated 6 hours ago The Metal and Engineering Industries Bargaining Council (MEIBC) this week called on employees and employers to exercise restraint as the metals and engineering industries resumed operations following a four-week strike, stating that it regretted the strike’s...
More
 
 
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.
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.
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...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
GARYN RAPSON Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will open the door for court battles to determine who will be held liable for the remediation
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
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...
 
 
 
 
 
 
 
 
 
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