R/€ = 15.15Change: -0.14
R/$ = 14.28Change: -0.13
Au 1068.38 $/ozChange: -3.67
Pt 849.00 $/ozChange: 3.50
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

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 Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Nov 14, 2008

Daily podcast – November 14, 2008

14 Nov 2008
© Reuse this

This podcast is brought to you by Mitsubishi Fuso - you can rely on us.

Friday, November 14, 2008.

From Creamer Media in Johannesburg, I'm Guy Copans.

Making headlines today:

Power producer Eskom expects electricity demand in South Africa to fall in 2009. This is as many of its key industrial customers adjusted outputs in light of the global economic downturn.

Eskom demand-side management general manager Andrew Etzinger said that the impact of the global slowdown, as well as the commodity cycles, was affecting the iron and ferroalloy customers. He mentioned that a number of ferrochrome furnaces would be decommissioned.

However, he emphasised that in terms of the medium- to long-term, the utility could not make any capacity decisions based on the operational decisions of these customers to shut off the furnaces.

He said that this put Eskom in a difficult position, because if a company experienced a quick turnaround in demand, a furnace could be very quickly restarted. Thus, Eskom could not adjust its long-term growth forecast.

(audio clip)

Department of Minerals and Energy acting deputy director general of hydrocarbons and energy planning Tseliso Maqubela said that the DME would publish its Nuclear Energy Policy by the end of the week.

He said that the policy would be available on the department's website, and would then go on to be gazetted.

Maqubela said that nuclear energy required substantial upfront investments. Decisions made in this regard were difficult even in the best of economic climates, and would be even more difficult considering the current global turmoil. He said that it was never easy, but at some point a decision had to be made.

Also making headlines:
Greenpeace urges South Africa to end its dependence on coal.
South Africa reviews its nuclear programme in the face of the economic turmoil.
The fire-hit Engen refinery could take up to 4 months to repair.
And, Illovo is still forecasting higher year earnings, despite the sugar price decline.

That's a round up of news making headlines today. For more on these and other stories please visit

Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
Other Intellectual Property Law News
Alcatel-Lucent has organized in early July its Technology week in Nigeria. The Alcatel-Lucent Technology Week took place at a three-day event in both Lagos and Abuja. The event was well attended by over a hundred professionals from Nigeria ICT ecosystem....
If you were asked to imagine a computer network, the image that springs to mind would probably be one of a pristine office setting, where networking equipment is kept behind spotless glass doors in a dust- and temperature-controlled environment. But what of the real...
The Southern African Vinyls Association announced that Belgotex Floors has become the Association’s first official license holder of the Vinyl. product label – a mark of excellence that signifies the product complies with best practice as prescribed by SAVA’s Product...
Latest News
WTO director-general Roberto Azevedo
Updated 4 minutes ago World trade talks are deadlocked and ministers are unlikely to find a way out of the impasse when they meet in Nairobi next month, World Trade Organization director-general Roberto Azevedo said on Thursday. "We clearly are stuck in the negotiations at this point in...
Updated 19 minutes ago The Gauteng Industrial Development Zone (GIDZ), together with the Gauteng Infrastructure Financing Agency, will soon appoint professional deal brokers to attract and secure tenants and investors in the GIDZ’s Jewellery Manufacturing Precinct (JMP). GIDZ senior...
Updated 20 minutes ago A public–private partnership (PPP) between electronics manufacturer Samsung Electronics, the Manufacturing, Engineering and Related Services Sector Education and Training Authority (Merseta) and the Department of Higher Education and Training is hoping to plug the...
Recent Research Reports
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 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 infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
This Week's Magazine
Updated 7 hours ago The BMW Group will invest R6-billion at BMW Group South Africa’s (BMW SA’s) Rosslyn plant to produce the next-generation X3 sports-activity vehicle (SAV) for the local and export markets. Rosslyn will continue production of the current 3 Series through its lifecycle,...
Updated 7 hours ago The lack of consequences for poor performance and transgressions on the part of contractors remains a significant hurdle to tackling South Africa’s service delivery challenges, delegates heard at the Consulting Engineers South Africa Infrastructure Indaba, on...
Updated 7 hours ago City of Ekurhuleni executive mayor Mondli Gungubele earlier this month officially named the city’s bus rapid transit (BRT) system, Harambee.
NICK CHRISTODOULOU As about 58% of data stored by organisations is dark, they must identify this dark data to expose risks and valuable information
Updated 7 hours ago About 58% of unstructured data stored by companies is dark data, which means that the value or regulatory importance of the data has not been determined. Subsequently, most of the stored data add costs, rather than increasing revenue or reduce regulatory risks, says...
BRIAN VERWEY Effective management, review and administration of non-core elements can improve business operations and increase revenue and decrease unforeseen risks
Updated 7 hours ago Effective logistics, import/export and manufacturing consulting services require detailed industry knowledge and experience, but can add significant value to these industries by providing expert advice on various technical elements in their value chains, says...
Alert Close
Embed Code Close
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
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96