http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.13Change: 0.10
R/$ = 10.50Change: 0.08
Au 1304.14 $/ozChange: -3.21
Pt 1482.50 $/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 Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Sep 21, 2009

Daily podcast – September 21, 2009

Back
poden_21092009
Engineering|Expertise|Johannesburg|Africa|China North Vehicle Corporation Limited|Components|Flow|General Motors|Industrial|Motors|MTN|Norinco Motors|PROJECT|Projects|Road|Roads|South African National Roads Agency Limited|Super Group|System|Transnet|Waste|Africa|South Africa|ZAR|Flow|Logistics|Motors|Products|Transport|ORT|Motors|Nick Reilly|Peter Mountford|Waste|Motors|Cellular Telephone
Engineering|Expertise||Africa|Components|Flow|Industrial|Motors|PROJECT|Projects|Road|Roads|System|Transnet|Waste|Africa|||Flow|Logistics|Motors|Products|Transport||Motors|Waste|Motors|
engineering|expertise|johannesburg|africa-company|china-north-vehicle-corporation-limited|components|flow-company|general-motors|industrial|motors-company|mtn|norinco-motors|project|projects|road|roads|south-african-national-roads-agency-limited|super-group|system|transnet|waste-company|africa|south-africa|zar|flow-industry-term|logistics|motors-industry-term|products|transport-industry-term|ort|motors-person|nick-reilly|peter-mountford|waste|motors|cellular-telephone
© Reuse this



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

Monday, September 21, 2009.

From Creamer Media in Johannesburg, I'm Lindsey Berry.

Making headlines today:

China North Vehicle Corporation Limited, or Norinco Motors, looks set to be the first Chinese company to operate a vehicle assembly plant in South Africa.

This comes as the JSE-listed Super Group is in the process of selling its commercial vehicle business, housed in the loss-making Super Group Industrial Products division, to Norinco Motors, says Super Group CEO Peter Mountford.

The parties have signed a letter of intent in terms of which Norinco Motors will, with Super Group, establish a new Commercial Vehicle Assembly and Distribution Entity, or CVADE.

In terms of the proposed arrangement, Super Group will contribute certain assets - such as the land and buildings comprising the existing assembly plant in Pietermaritzburg - to CVADE, in exchange for an up to 30% equity interest in the business.

Norinco Motors will hold at least a 70% equity interest in the business.


The South African National Roads Agency Limited has announced that it's awarded a 1,16-billion-rand contract to the Electronic Toll Collection (ETC) joint venture for the implementation and operation of a multilane free-flow tolling system in Gauteng.

The system, also referred to as open-road tolling (ORT), would be installed by ETC over a period of 18 months and was scheduled to go live in April 2011.

The ORT implementation is part of the larger multibillion rand Gauteng Freeway Improvement Project, the first phase of which involves the upgrading of 185-kilometres of freeways in Gauteng. The motorways currently being upgraded as part of the current phase include sections of the N1, N3, N12 and R21.

Sanral is investing more than 12-billion-rand in the first phase. For the second phase, the Department of Transport plans to invest 20-billion-rand, while 23-billion-rand will be invested for the final phase.

Also making headlines:

South Africa's Transnet paid a consortium 62-million rand to settle a dispute over the logistics firm's sale of its shares in mobile phone group MTN.
General Motors vice-president Nick Reilly says that component suppliers need more government support.
The IMF chief sees a global recovery in the first half of 2010.
And, about 200 MW of electricity could potentially be generated from biogas-from-waste projects around the country.

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 2 hours 33 minutes ago President Jacob Zuma announced the composition on Wednesday of the ‘Energy Security Cabinet Sub-Committee’, which he said would oversee the development of South Africa’s future energy mix. Delivering his Budget Vote in the National Assembly, Zuma said the...
Cesa CEO Lefadi Makibinyane
Updated 2 hours 34 minutes ago Consulting Engineers South Africa (Cesa) on Wednesday stated that it welcomed government’s move to lead municipalities back to basics and to put in place institutional mechanisms to enable them to deliver core municipal services, as announced by Cooperative...
Updated 2 hours 55 minutes ago JSE-listed construction firm Group Five on Wednesday announced that it expected its fully diluted headline earnings per share (HEPS) for the year ended June 30 to be between 20% and 30% higher, at 382c to 414c, than the fully-diluted HEPS of 318c achieved during the...
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
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...
Bob Skinstad
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.
 
 
 
 
 
 
 
 
 
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