R/€ = 15.02Change: -0.03
R/$ = 14.14Change: -0.04
Au 1071.70 $/ozChange: -4.36
Pt 843.00 $/ozChange: 0.50
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  
Oct 19, 2009

Daily podcast – October 19, 2009

Engineering|Expertise|Africa|Building|Components|Eskom|Gas|Ghana|Pipelines|Projects|Africa|Ghana|Energy|Oil And Gas|Infrastructure|Power|Pipelines
Engineering|Expertise|Africa|Building|Components|Eskom|Gas|Ghana|Pipelines|Projects|Africa|Ghana|Energy|Oil And Gas|Infrastructure|Power|Pipelines
© Reuse this

This podcast is brought to you by BMG - South Africa's finest source of quality engineering components and expertise.

Monday, October 19, 2009.

From Creamer Media in Johannesburg, I'm Shannon de Ryhove.

Making headlines today:

South African power utility Eskom is making provision for an international bond issuance during the first half of 2010. This is as part of a planned programme to raise some 40-billion-rand a year between 2010 and 2013, so as to partly cover funding shortfalls associated with its 400-billion-rand build programme.

However, other financing opportunities are also being interrogated, owing to the fact that the utility is still forecasting a 30-billion to 80-billion-rand "funding gap" over the next three years, notwithstanding an extensive borrowings programme and assumptions of material tariff increases.

The 40-billion-rand-a-year borrowings plan, as well as the expectation of a 30-billion-rand funding deficit, is itself premised on a controversial request for tariff adjustments of 45% a year over three years. But Eskom has also indicated that the figure will be closer to 80-billion-rand should the National Energy Regulator of South Africa approve increases of closer to 30%.

Nigerian energy firm Oando and Russia's Gazprom will work together to develop oil and gas assets in Africa's biggest energy producer. Gazprom is the world's biggest gas producer.

The two companies signed a memorandum of understanding to collaborate in building the infrastructure and pipelines for the distribution of gas in Nigeria, which holds the world's seventh-largest proven gas reserves.

Oando chief executive Wale Tinubu says that the Gazprom partnership will provide the leverage to further accelerate its gas development programme. Oando will provide local technical expertise, while Gazprom will bring its wealth of experience as Europe's largest gas operator.

Oando didn't specify which projects would fall under the new alliance. Oando is Nigeria's largest fuel retailer and gas distributor.

Also making headlines:

The head of the World Trade Organisation, Pascal Lamy, says that poor countries will have to wait for the Doha Round of trade talks to conclude and are unlikely to get an advanced package directed to them before then.
The Banking Association of South Africa says that business and government must work together on socioeconomic issues.
Ghana mulls the renegotiation of the Vodafone deal.
And, the Department of Trade and Industry launches an investment call centre in Soweto.

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
Labour Minister Mildred Oliphant
Updated 3 hours ago The National Economic Development and Labour Council's (Nedlac's) consideration of the modalities of the introduction of a national minimum wage could be completed next year, Labour Minister Mildred Oliphant said on Wednesday. Addressing Cosatu delegates at the...
Updated 3 hours ago JSE-listed Vukile Property Fund’s distributions for the six months ended September 30, increased by 7%, in line with guidance.   Vukile boosted its distributable income by 27.7% year-on-year to R426.3-million and grew like-for-like net property revenue by 6.1%.   CEO...
Updated 3 hours ago Old Mutual Alternative Investments (OMAI) will acquire the 50% of African Infrastructure Investment Managers (AIIM) it does not already own, making it the sole shareholder of the Pan-African infrastructure investment manager. The acquisition marked an important...
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
Additive manufacturing, better known as 3D printing, has the potential to completely change the relationships between individual consumers, professional designers and manufacturers. So argued Loughborough University Reader in Computer Aided Product Design Dr Ian...
Airbus Defence and Space: Military Aircraft has highlighted that its A330 Multirole Tanker Transport (MRTT) has significant commonalities with the Airbus A330-200 commercial airliner, upon which it is based. The South African Air Force (SAAF) once operated a fleet of...
Financial services provider Nedbank launched the second edition of its Carbon Footprinting Guide earlier this month, which is aimed at demystifying carbon footprint approaches and help readers grasp the main concepts of carbon measuring, monitoring, reporting and...
This year marks the thirtieth anniversary of Caterpillar’s first backhoe loader. This also coincides with the worldwide release of its latest-generation F2 series backhoe loader, which was launched at supply chain services company Barloworld Logistics’ Big Dig Day in...
BARRY DWOLATZKY The CPD programme provides advanced skills required locally, and provides a stepping stone to Wits University’s Master of Engineering degree in software engineering
A shortage of software engineers is leading to fewer information technology (IT) projects in private and public sector organisations. This also places a dampener on the economy, as IT is an integral part of business and civil service, says University of Witwatersrand...
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