R/€ = 15.01Change: 0.11
R/$ = 13.29Change: 0.11
Au 1148.42 $/ozChange: 4.27
Pt 965.00 $/ozChange: 12.00
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  
Nov 02, 2007

On-The-Air (02/11/2007)

© Reuse this

Every Friday morning, SAfm's AMLive's radio anchor Tsepiso Makwetla speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly. Reported here is this Friday's At the Coalface transcript:

Makwetla: Now Martin, I am told that Botswana is taking firm steps towards realising its diamond dream of becoming Africa's Antwerp.

Creamer: The President of Botswana Festus Mogae has made it clear that he wants Botswana to be no less a diamond centre then Antwerp is, or that Jerusalem or Mumbai are. He has taken firm steps and has already licensed 16 diamond cutters and polishers. Six of them are already operating and the remaining 10 will be operative within the next three years. This will be an industry which will employ 3 000 additional people and they will be cutting and polishing diamonds worth between R3-billion and R4-billion a year. They are building up their intellectual capacity for this and at any one time Botswana has at least 19 000 students in global universities around the word on full international scholarships. 98% of those people come back and jobs are now being created to take in these new people. You have got a billion dollars and more being spent in Botswana on a new science and technology university. You have also got a lot of energy projects coming through, the one is $7-billion and that will be a power station linked to a coal mine that will supply energy into South Africa. The country itself is rebuilding its own energy infrastructure and is putting $1,2-billion into its own Morapuli power station.

Makwetla: I believe exciting ventures for South Africa with the United States ordering another batch of 500 South African-made armoured vehicles.

Creamer: Yes, the United States Department of Defence is really taking a liking to the armoured vehicles it gets from South Africa. The armoured vehicles we are talking about here are special armoured vehicles called mine-resistant and ambush protected vehicles. They have now ordered another 511 of the bigger version of these and 89 of the smaller version. That takes the total on order at the moment to 1 755 and it is a mixture. Some of these are going to be built in South Africa, when we talk South Africa it is the Land Systems OMC of Benoni and others will be assembled in the United States. All in all this is to South African design and South Africa will either get the royalty or will actually export the finished vehicle. In Benoni at the moment they are expanding their premises. They were producing something like one of these vehicles a day and are now ramping up to six of these vehicles a day between now and March. The US orders have really established South Africa as the supplier of these mine resistant and ambush protected vehicles to such an extent now that designs are also being considered by the Ministries of Defence in the UK and Poland.

Makwetla: Finally, a South African aeronautics company is planning to launch Africa's first commercial space rocket. Quite exciting.

Creamer: South African aeronautics company Marcom Aeronautics and Space are intent on launching Africa's first commercial space rocket. The person heading this is Mark Comninos. He is an aeronautics engineer with training in South Africa and also in the US. He sees a commercial gap in Africa at the moment because we know that 26 countries in the world are creating space agencies and there is a lot of demand for space transport at the moment. In South Africa if you think of a space agency developing here we already have the ground part of it and that is the Satellite Application Centre at the Council for Scientific and Industrial Research. We also have a company in Stellenbosch, SunSpace already building microsatellites. What we don't have is the ability to launch these into space. This is the gap that he wants to fill and he believes that he can do it at lower cost and 98% of the materials that he will use for his Cheetah 1, this is particular the rocket that he is planning to build, a two stage rocket, 98% of that raw material will come from South Africa itself. He believes that this can be built in three phases. The first phase, he says, could be done in 12 months at a capital cost of about R20-million. Already there is foreign funding interest, people from outside who see that we can possibly come down the cost curve on satellite launch vehicles for payloads up to about a ton, which would be what South Africa needs at the moment with SunSpace, which is awaiting a launch by the Russians, for instance. So he believes it is highly feasible to do this and we would also make a re-use of the Overberg test range. That would require a launch pad and other facilities to be built.

Makwetla: Always enjoyable chatting to you. Thanks very much. Martin Creamer is publishing editor of Engineering News and Mining Weekly, he'll be back with us at the same time next week

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
Other Video News
Latest News
President Jacob Zuma
Updated 20 minutes ago President Jacob Zuma on Thursday said the National General Council took place amid a tumultuous economic climate, however, South Africans have something to smile about. Addressing guests on the eve of the NGC at the Gallagher Convention Centre on Thursday, Zuma...
Updated 27 minutes ago Ethiopian Airlines told Boeing Co that the shutdown of the US Export-Import Bank has triggered concerns about the airline's ability to take delivery of Boeing jets already ordered, and would force it to reevaluate future orders. Boeing released a letter from Tewolde...
Updated 48 minutes ago Water is a crucial driver of the South African and world economy and, with demand exceeding supply globally, the World Economic Forum has ranked water as the third-most worrying global risk. As a consequence, water preservation – ranging from water recycling and...
Recent Research Reports
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,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
BUSINESS LEADERS PANEL Adam Craker, Ivor Chipkin, Alan Hosking and Allon Raiz at the 6th IQ Business Active Growth conference
At the sixth IQ Business conference held in Sandton last month, a panel of business leaders and academics advocated that business reclaims the initiative to spur growth in South Africa amid fragmented and haphazard political direction. Management consulting firm IQ...
The building industry is an essential component of the South African economy as it contributes about 15% to the gross fixed investment that drives the economy. However, with the country’s economy going through a tough time currently, this, in turn, reflects on the...
The recipients of the 2015 South African National Energy Association (Sanea)/South African National Energy Development Institute Energy (Sanedi) Awards were announced at a ceremony and banquet in Sandton last month. Sanea chairperson Brian Statham named Exxaro CEO...
ASHER BOHBOT EOH’s corporate goals were originally aspirations, but the company is relevant and is making a difference in the territories it operates in
As South African information technology (IT) firm EOH posted another full year of strong growth, CEO Asher Bohbot, known for his frank words, people-centric management style and stoic humanism, attributed the company’s continued South African and African growth to...
International heavy-equipment engine manufacturer Cummins’ regional distribution centre (RDC) in Woodmead, Gauteng, has halved the average logistics distribution time for clients in Southern Africa and allowed for critical or long-lead stock to be kept closer to...
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