http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.14Change: 0.03
R/$ = 10.53Change: 0.00
Au 1302.29 $/ozChange: 11.54
Pt 1475.50 $/ozChange: 6.00
 
 
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 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|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
 
 
 
 
 
 
 
 
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 3 hours ago Responding in writing to a recent Parliamentary question by the Democratic Alliance, Transport Minister Dipuo Peters has provided an update for each of the country’s 13 bus-rapid transport (BRT) systems, noting that each network is at a different stage of...
Updated 3 hours ago The South African Real Estate Investment Trust (SA Reit) Association has called on the Competition Commission to intervene in undesirable exclusivity clauses in retail leases that were allowing retailers to stifle market share. The association’s members, which...
ADAM HABIB University of Witwatersrand vice-chancellor and principal Adam Habib
Updated 3 hours ago The first of a series of 15 public debates exploring options for the implementation of the National Development Plan (NDP) was officially inaugurated at the University of the Witwatersrand (Wits) School of Governance this week. In association with the Oliver and...
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