http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.17Change: 0.03
R/$ = 11.07Change: 0.01
Au 1238.28 $/ozChange: -4.47
Pt 1258.00 $/ozChange: 3.00
 
 
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  
 
 
Nov 19, 2008

Daily podcast – November 19, 2008

Back
19 Nov 2008
Engineering|Johannesburg|Africa|Industrial|International Finance Corporation|Mitsubishi|Projects|Water|Africa|Japan|Lesotho|South Africa|Energy|Finance|Manufacturing|Mining|Telecommunications|Transport|Water Infrastructure|David Donaldson|Infrastructure|Trevor Manuel|Water
Engineering||Africa|Industrial|Projects|Water|Africa||Energy|Manufacturing|Mining|Transport||Infrastructure|Water
engineering|johannesburg|africa-company|industrial|international-finance-corporation|mitsubishi|projects|water-company|africa|japan|lesotho|south-africa|energy|finance|manufacturing|mining|telecommunications|transport-industry-term|water-infrastructure|david-donaldson|infrastructure|trevor-manuel|water
© Reuse this



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

Wednesday, November 19, 2008.

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

Making headlines today:

The International Finance Corporation's head of infrastructure David Donaldson said that a lack of bankable projects and deals, rather than a lack of finance, was constraining private sector investment in infrastructure in Africa.

He noted that the public sector still invested about 90% of funding for infrastructure in Africa. He said, however that there had been some growth in private sector investment in infrastructure in Africa.

He said that Africa would have to double its investment in infrastructure to sustain the continent's growth and that the private sector would have to invest more.

Further, Donaldson noted that Africa spent very little on energy, transport and water infrastructure. The majority of funding was being used in the telecommunications sector.

(audio clip)

On Tuesday, Finance Minister Trevor Manuel said that South Africa isn't facing a recession. This is despite major industrialised countries like Japan and the euro zone slipping into negative growth.

The Treasury has argued economic fundamentals in Africa's biggest economy are sound and the country is largely cushioned from a global crisis. However, growth is seen lower at 3,7% this year and 3% in 2009 from an average 5% of the last four years.

Manuel told parliament's finance committee that there was no recession. He said analysis by the Treasury didn't suggest the country faced two consecutive quarters of negative growth.

Some analysts say the economy may have dipped into decline in the third quarter, given a sharp slowdown in manufacturing and mining output and falling retail sales.

Also making headlines:

Lesotho says that regional integration will boost Africa's competitiveness.
Hotel group Southern Sun pushes ahead with its 1,5-billion rand capex plan, despite the slowdown.
The Industrial Development Corporation invests in civil engineering firm Basil Read.
And, Freeworld Coatings reports growth in its first year as a separately-listed firm.

That's a round up of news making headlines today. For more on these and other stories please visit engineeringnews.co.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
Updated 6 hours ago Trade union Solidarity warned on Wednesday that ongoing restructuring and retrenchments in the information and communication technology (ICT) industry continued to put employees in the sector under “immense” pressure. This as the union claimed it had received...
Updated 7 hours ago Directors of investment holding company Combined Motor Holdings (CMH) say they are satisfied with the results achieved in the six months ended August 31, during which time the local economic environment continued to battle impediments to growth and national dealer...
Updated 7 hours ago In the Medium-Term Budget Policy Statement Finance Minister Nhlanhla Nene has outlined concrete plans to consolidate South Africa’s pubic finances and restore macroeconomic balances. The proposed adjustments – lower than planned spending and increased tax revenues -...
More
 
 
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,...
IAN EVANS AirWatch file synchronisation and sharing system was initially designed for a large airline company
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...
 
 
 
 
 
 
 
 
 
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