May 27, 2008
Daily Podcast – May 27, 2008Back
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
© Reuse this Tuesday, May twenty-seven, 2008.
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.
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.
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
In political news:
US candidates ponder Iraq strategy
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 hours 34 minutes ago The Cape Town International Convention Centre (CTICC) has outperformed its targets over the past financial year and contributed R3.1-billion to the gross domestic product in the 2013/14 financial year. CTICC CEO Julie-May Ellingson said the convention centre had been...
Updated 3 hours ago Public Enterprises Minister Lynne Brown has released details of the remuneration of the chairpersons and nonexecutive directors of the various State-owned company boards falling under her Ministry. The remuneration figures, which are attached, are based on figures...
Updated 3 hours ago Installed wind power capacity could swell by 530% to 2,000 gigawatts (GW) by 2030, supplying up to 19% of global electricity, a report from a trade association and Greenpeace said on Tuesday. It said installed wind energy capacity totalled 318 GW at the end of last...
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...