http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.22Change: -0.23
R/$ = 11.16Change: -0.09
Au 1240.10 $/ozChange: -4.17
Pt 1243.50 $/ozChange: -18.70
 
 
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 03, 2008

Daily podcast – November 3, 2008

Back
November 3 2008
Johannesburg|Africa|Eskom|Exports|Imports|PROJECT|Africa|South Africa|United States|ZAR|Electricity|Energy|Products|Service|Voluntary Energy Savings|South African Revenue Service|Brigitte Mabandla|Power
|Africa|Eskom|PROJECT|Africa|||Energy|Products|Service|||Power
johannesburg|africa-company|eskom|exports|imports|project|africa|south-africa|united-states|zar|electricity|energy|products|service|voluntary-energy-savings|south-african-revenue-service|brigitte-mabandla|power
© Reuse this Monday, November 3, 2008.

From Creamer Media in Johannesburg, I'm Sheila Barradas.

Making headlines today:

The new minister for public enterprises, Brigitte Mabandla, said that South Africa may face fresh power cuts early in 2009. This is because voluntary energy savings have fallen "woefully" below the required 10%.

State-owned utility Eskom has been rationing electricity since January, when the national grid nearly collapsed. The utility provides 95% of the country's power.

The utility has agreed to voluntary cuts with big power consumers to reduce their demand by up to 10% of their normal power requirements. Mabandla said that the risk for power blackouts would rise unless more energy was saved.

She said savings on a voluntary basis were at 2%.

South Africa's monthly trade deficit widened to 7,1-billion rand in September. On Friday, data indicated that the current account deficit will remain large.

The South African Revenue Service said the increase from August's 5,12-billion rand trade deficit was largely due to higher imports of minerals products such as oil, as well as more shipments of machinery and chemical products.

Exports rose 1,12% from the previous month to 61,07-billion rand. Imports rose 4,07% to 68,8-billion rand.

Economists had forecast a shortfall of 4-billion rand.

A wide trade deficit has led to an increase in the current account deficit, which swelled to 7,3% of GDP last year, its widest in nearly four decades.

Also making headlines:

Bus manufacturer Marcopolo South Africa invests 10-million dollars in its Germiston plant.
The Communications Minister loses the Altech appeal.
Mercedes-Benz's South African export plant will remain busy, despite a jittery US car market.
And, the public comment period for the PBMR project is extended.

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
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...
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...
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