R/€ = 13.05
R/$ = 11.99
Au 1203.45 $/oz
Pt 1154.00 $/oz
Sep 05, 2008
Daily Podcast – September 5, 2008Back
© Reuse this 10:58:03Friday, September 5, 2008.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
Trade and Industry Minister Mandisi Mpahlwa unveiled the details of the successor to the Motor Industry Development Programme on Thursday. This followed Cabinet's approval of the scheme on Wednesday.
Mpahlwa said that the new Automotive Production and Development Programme was designed to sustain and expand the automotive industry's material contribution to the South African economy. It'll also deepen its local manufacturing impact. The APDP will run from 2013 until 2020.
He said the Department of Trade and Industry had been working on the successor scheme since 2005. This was in a bid to align the incentive to South Africa's World Trade Organisation commitments, as well as to government's National Industrial Policy Framework. This proposed a doubling in vehicle production to 1,2-million units by 2020.
Government spokesperson Themba Maseko said on Thursday that the incorporation of the high-profile joint initiative on priority skills acquisition into the human resources development strategy for South Africa would be done in such as way as to sustain a high level of private-sector involvement. The HRDS-SA will fall under the care of the Department of Education.
He assured that Jipsa would continue until March 2010. Its work would then be incorporated into the HRDS-SA, which was to be officially launched in March next year.
Maseko acknowledged that the announcement about the future of Jipsa had probably not been well handled.
Botswana Minerals, Energy and Water Resources Minister Ponatshego Kedikilwe said on Thursday that Botswana was negotiating an "accelerated" power programme to deliver more electricity "far earlier".
Kedikilwe told the Africa Downunder conference in Australia that he would "pat himself on the back" if he could bring on an additional 250 MW of power by 2010.
He said that the proposed 250 MW was planned by an independent power project, for which the law had been amended and which would make use of coal-bed methane.
Also making headlines:
Aviva will submit a 1 000-MW power proposal to Eskom on Wednesday
Oil falls towards $107 on dollar and economic fears
A decision on the Lesotho Highlands Water expansion project is expected by year-end
The South African Chamber of Mines says South Africa's second quarter gold output was down 10,4% on power constraints
Agnico-Eagle enters a new 300-million dollar credit facility
And, Exxaro commissions a 1,5-million ton a year coal mine in South Africa
In political news:
The UN says that the East Congo risks plunging back into war
Republican John McCain says "change is coming" to America
Russian allies fail to back Moscow on enclaves
And, Cosatu may be Jacob Zuma's court friend
That's a round up of news making headlines today. For more on these and other stories, visit engineeringnews.co.za, miningweekly.com and polity.org.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]...
Recent Research Reports
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.
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...
This Week's Magazine
Updated 3 hours ago 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...
Updated 3 hours ago 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....
Updated 3 hours ago 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.
Updated 3 hours ago 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...
Updated 3 hours ago Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments.