http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 12.99Change: 0.04
R/$ = 12.08Change: 0.06
Au 1186.35 $/ozChange: 2.44
Pt 1139.50 $/ozChange: -1.00
 
 
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 Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 19, 2009

Daily podcast – October 19, 2009

Back
poden_19102009
 
 
 
Engineering|Expertise|Africa|Building|Components|Eskom|Ghana|Pipelines|Projects|Africa|Ghana|Energy|Oil And Gas|Infrastructure|Power|Pipelines
Engineering|Expertise|Africa|Building|Components|Eskom|Ghana|Pipelines|Projects|Africa|Ghana|Energy|Oil And Gas|Infrastructure|Power|Pipelines
engineering|expertise|africa-company|building|components|eskom|ghana-company|pipelines-company|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 engineeringnews.co.za.

 

Edited by: Shannon de Ryhove
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
More
 
 
Latest News
Updated 2 hours 59 minutes ago State-owned power utility Eskom and Public Enterprises Minister Lynne Brown confirmed on Wednesday that contracts under the so-called short-term power purchase programme (STPPP) had been renewed ahead of the March 31, 2015, expiry date. Eskom told Engineering News...
Updated 3 hours ago The value of copper stolen in February decreased to R12.7-million, from R12.9-million in January, but was 18.1% higher than the value of copper stolen in February 2014, the South African Chamber of Commerce and Industry (Sacci) revealed on Wednesday. In its latest...
Updated 3 hours ago Paper and packaging group Mpact has concluded a broad-based black-economic empowerment (BBBEE) deal that will see a purpose-formed trust subscribing for 10% of the ordinary issued shares in group subsidiary Mpact Operations, which holds its South African businesses....
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
After several years of navigating project-threatening red tape and currency fluctuations, the 4.4 MW Bronkhorstspruit biogas power plant, which will supply clean energy to a leading automotive manufacturer in Gauteng, is expected to enter production before June....
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The long-term outlook for Nigeria is a country that has the potential to be very strong. So affirmed International Monetary Fund (IMF) Nigeria Mission Chief and Senior Resident Representative Dr Gene Leon on recently. "But we are starting from a point of huge...
Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments. In many urban and rural municipalities, the state of infrastructure has been...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96