http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.31Change: -0.17
R/$ = 11.08Change: -0.17
Au 1225.20 $/ozChange: -10.92
Pt 1349.00 $/ozChange: -13.00
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 28, 2008

On-The-Air (28/03/2008)

Back
On-The-Air (28/03/2008)
Engineering|Natal|Africa|CoAL|Copper|Engineering News|Eskom|Exploration|Flow|Hydropower|Mining Weekly|Projects|Roads|Africa|China|India|Korea|South Africa|South Korea|Zambia|Zimbabwe|Energy|Energy Act|Energy Activities|Energy Projects|Flow|Mining|Product|Products|Venture Capital|South African Government|Technology Innovation Agency|University Of KwaZulu-Natal|Infrastructure|Iron Ore|Jeremy Maggs|Johnny Come Lately|Martin Creamer|Power|Engineering News|Mining Weekly
Engineering||Africa|CoAL|Copper|Eskom|Exploration|Flow|Hydropower|Projects|Roads|Africa|Zambia||Energy|Flow|Mining|Products|||Infrastructure|Iron Ore|Power|
engineering|natal|africa-company|coal|copper|engineering-news|eskom|exploration|flow-company|hydropower|mining-weekly-company|projects|roads|africa|china|india|korea|south-africa|south-korea|zambia|zimbabwe|energy|energy-act|energy-activities|energy-projects|flow-industry-term|mining|product|products|venture-capital|south-african-government|technology-innovation-agency|university-of-kwazulunatal|infrastructure|iron-ore|jeremy-maggs|johnny-come-lately|martin-creamer|power|engineering-news-published-medium|mining-weekly
© Reuse this



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

Maggs: You say the South African government is budgeting to boost technical innovation by spending R500-million a year for the next five years. This is good news.

Creamer: Yes, what they are creating is the Technology Innovation Agency. This will be a new agency enshrined in law. It has gone through Parliament already and is expected to be signed into law by the State President in May. This will not be a research and development agency as such, but it will be an agency that funds research and development.

The idea is to bridge this gap between the ideas on the one hand and then turning them into commercial products on the other hand, which is a problem not only in South Africa, but worldwide. So, they are looking to start with a funding of R500-million in the first year.

It will be run by a CEO and people who are quite well versed in intellectual property. In the fifth year it could possibly go up to a R1-billion worth of funding. They say their ideal board composition will be made up of thirds. The first third being people who have actually gone out there as entrepreneurs and created a new product from ideas.

The next third will be people who are involved in more formal innovation from the CSIR, Mintek and institutions like that. A sixth of the board members will be involved in intellectual property type activities, and the final sixth of the board will be well versed in venture capital.

Maggs: Even more money flying about, South Korea has Southern Africa in its sights, setting out to spend R50-billion in the next eight years on mining and energy projects.

Creamer: A little bit of a Johnny Come Lately, South Korea, obviously following China and India, but realising that they have to get in on the mining and energy act in order to ensure the flow of product into the country. Korea relies to an extent of 97% on imported materials and energy.

They want to go out into the world now and invest R50-billion worth in mining and energy activities. They are looking to South Africa and also Zimbabwe and Zambia in order to do exploration. Korea will be searching for the usual suspects, like coal, copper, iron ore, uranium, nickel, zinc and other metals and minerals.

Chrome, of course, in Zimbabwe. They want to ensure that, in eight year’s time, when they bring in these metals and minerals into their country, they will be at a level of 38% from operations that they own. They say that they are not here to just rip Africa off.

They will ensure that they add value in the country. They are quite prepared to beneficiate to a large extent in the country before exporting out. Also, they say they will put in roads and power stations and infrastructure that Africa needs.

Maggs: Of course, can’t escape the energy crisis this morning. South Africa could treble its electricity capacity by switching to high-voltage direct current, that is according to an academic at the University of Kwazulu-Natal.

Creamer: Yes, the University of Kwazulu-Natal is taking direct current under its mantel. It has actually set up a high-voltage direct current centre at the University of Kwazulu-Natal. It is promoting greater use of high-voltage direct current as opposed to alternating current.

It argues that large amounts of power over long distance with lower capital cost and lower electricity losses can be gained from direct current. It is focussing in the Kwazulu-Natal area at the moment, looking at its own power corridor to see whether it can convert. Initial studies have indicated that it is feasible and they are talking about being able to treble the capacity of electricity flow in that area if they can do this conversion.

It has often also been said that, if we could have a direct current line from Mpumalanga, where our power stations are, down to Koeberg in the Cape, it would be tantamount to having an additional power station. That is how much more flow we could get.

There are problems, because you can’t tap off electricity on the way, but there are lower upkeep costs involved. Where Eskom’s research and innovation department is active on this, and also proving it is feasible, is in the big Western Corridor in Africa, where we look into the future to get some power from the great Grand Inga, which is the hydropower station concept in the Democratic Republic of Conga.

That is almost certainly to involve a high-voltage direct current, which is estimated to be able to treble the capacity over alternating current.

Maggs: 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 SAFM
More
 
 
Latest News
Updated 6 hours ago Despite apparent legitimate reasoning behind State-owned power utility Eskom’s electricity tariff increases, increased costs would undoubtedly hurt those in the lower portion of South Africa’s income distribution, consulting firm Frost & Sullivan Africa energy and...
Geoffrey Qhena
Updated 6 hours ago The detailed feasibility study into a $4.5-billion, two-phase steel project planned for development by the Hebei Iron and Steel Group, of China, and South Africa’s Industrial Development Corporation (IDC) should be completed in the first quarter of 2015, IDC CEO...
Updated 6 hours ago Infrastructure development on the continent has gained momentum, with a special office to be set up soon, to champion this cause. Cabinet on Thursday announced that it has approved the establishment of the Project Management Office for the African Union Presidential...
More
 
 
Recent Research Reports
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.
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.
 
 
 
 
 
This Week's Magazine
The board of UD Trucks Southern Africa (UDTSA) has announced the resignation of MD Jacques Carelse.   Long-time UD employee, corporate planning and marketing GM, Rory Schulz, has been appointed as acting MD while the process started to appoint a new MD. The Japanese...
There is a need to start planning another pumped storage scheme in South Africa. Much work has already been done at a site in the Limpopo province and the project was very close to being put out to tender at one stage. In 2008/9 the National Energy Regulator of South...
The Coega Development Corporation (CDC) is preparing to leverage its strategic coastal position to develop the Eastern Cape economy through proposed aquaculture development zones (ADZs), with a proposed R2-billion project aiming to contribute $278-million to the...
Completion of the ongoing construction of the 102 km Zomba–Jali–Phalombe–Chitakale road, in southern Malawi, has been extended from June  to December 15 because of persistent rains and difficulties in paying the contractor. The project is being undertaken by Kuwait's...
The Malawi government has awarded South African firm  Fischer Consortium the  contract to upgrade the Malawi Road Traffic Information System. The Directorate of Road Traffic and Safety Services at Malawi's Ministry of Transport and Public Works says Fischer...
 
 
 
 
 
 
 
 
 
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