Nov 27, 2009
Daily podcast – November 27, 2009Back
Construction|Copenhagen|Engineering|Johannesburg|Africa|Airbus|Development Bank|Energy|Eskom|Eskom 1|Housing|PROJECT|Road|Africa|China|Norway|South Africa|EUR|ZAR|Medupi Power Plant|Air-craft Manufacturer|Energy|Mining|Products|Linden Birns|Power|Work Packages|Limpopo
© Reuse this
Friday, November 27, 2009.
From Creamer Media in Johannesburg, I'm Shannon de Ryhove.
Making headlines today:
Jilted air-craft manufacturer Airbus is strengthening its ties with South Africa, not seeking to sever them, the company said. This was in response to a French news report that its parent, EADS, was "ready to retaliate" against South Africa after the country cancelled a multi-billion rand contract to buy Airbus military planes.
Airbus spokesperson Linden Birns says that there are currently no plans to withdraw work packages from South Africa.
Earlier this month, South Africa cancelled its order for eight A400M military transporters, citing cost escalations.
It was a fresh blow to the A400M programme, which as already three years behind schedule.
The bank says that the 4 800 megawatt Medupi power plant will significantly boost the energy capacity of South Africa and the southern African region.
Medupi is in South Africa's northern Limpopo province, and is expected to be commissioned by February 2012.
Sub-Saharan road freight costs are 200% more expensive than the rest of the world.
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...
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 21 minutes ago In support of Gauteng Premier David Makhura’s vision of a “radical transformation” of the provincial public sector, Gauteng MEC for Finance Barbara Creecy announced on Thursday that Provincial Treasury and the provincial Department of Transport (DoT) have...
Updated 45 minutes ago South Africa's UASA union said on Thursday it had accepted a wage increase offer of between 7 and 10 percent, raising hopes of an end to a three-week strike by more than 200, 00 steel and engineering workers. "The members have already accepted the financial...
Updated 2 hours 10 minutes ago SABMiller, the world's second-biggest brewer, reported higher first-quarter sales volumes on Thursday, helped by a return to growth in lager sales in Africa. The London-listed company behind beers such as Miller, Grolsch and Peroni said revenue rose 6 % in the three...
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
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Although CEO Mark McChlery and chief marketing officer Bob Skinstad likened themselves to children in a playground when taking on the task of “reengineering and repositioning” the Seartec brand, the “young, dynamic and enthusiastic guys” were like proud...
An increasing number of buyers, in both the new and used car markets, are opting for finance structures that lower their monthly repayments, says asset financing company WesBank. These include the use of large balloon payments (also known as residuals), as well as...
Tertiary education institutions can use search engine giant Google’s Chromebook to provide secure mobile end-point devices for students on which they can share documents, work collaboratively on documents and access education materials and applications being used...
Local ceiling and partition company Abbeycon has beaten global competition at the Saint-Gobain Gypsum International Trophy competition, which was held last month in Berlin, Germany.
Next ArticleEmail leak exposes IP infringement