http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.08Change: -0.02
R/$ = 11.55Change: 0.03
Au 1261.15 $/ozChange: 1.85
Pt 1225.50 $/ozChange: 8.00
 
 
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  
 
 
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 (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
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]...
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....
More
 
 
Latest News
Foreign direct investment (FDI) inflows to Africa fell by 3% to around $55-billion in 2014, amid an 8% fall in global inflows to an estimated $1.26-trillion, from $1.36-trillion in 2013. In its Global Investment Trends Monitor, the United Nations Conference on Trade...
A trading demonstration has showcased the applicability, functionality, utility and readiness of the well-established, commercial and financial electronic infrastructure provided by private-sector commodity registry Silocerts and the JSE as a potential platform for...
While South African consumers will get a reprieve on the back of a lower oil price, all the potential benefits could be overshadowed by the nation’s ongoing electricity shortages. A surprise cut to below $50/bl for crude oil would soften the blow of rising costs on...
More
 
 
Recent Research Reports
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.
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.
 
 
 
 
 
This Week's Magazine
Updated 6 hours ago The international Square Kilometre Array (SKA) radio telescope – which is to be jointly hosted by South Africa and Australia with, later, outstations in other countries – may not yet exist, but international scientific working groups are already deciding what...
Updated 6 hours ago A free Web-based solar power plant capacity-planning tool offers project planners and developers, as well as governments, a means to assess the solar energy potential of thin-film solar PV power over an area of land. The tool was developed by thin-film solar...
Updated 6 hours ago As yet, no specific methodology, timeline or costs have been finalised to remedy the water ingress, excessive to contractual specifications, into the Gautrain tunnel between emergency shaft two (E2) and Park Station, says Bombela Concession Company technical and...
ASTRAPAK The group highlighted that executive strategic interventions and other group-wide business improvement imperatives were progressing favourably
Updated 6 hours ago The “seriously disruptive” electricity outages in South Africa have cost packaging group Astrapak more than R2-million in “irrecoverable downtime costs”, the company said on Monday, adding that the power cuts were negating some of the benefit of energy saving...
Updated 6 hours ago Bakkies and more affordable cars dominated South Africa’s new vehicle market in 2014. Unaudited data from the Department of Trade and Industry (DTI) shows that South Africa’s most popular vehicle in 2014 was the Toyota Hilux, selling 37 562 units.
 
 
 
 
 
 
 
 
 
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