http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.16Change: -0.05
R/$ = 12.08Change: -0.14
Au 1187.35 $/ozChange: -19.90
Pt 1124.50 $/ozChange: -24.50
 
 
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  
 
 
May 03, 2007

Podcasts - May 4, 2007

Back
EN_4_5_2007
 
 
 
Engineering|Africa|Building|Cable|Eskom|Export|PROJECT|rail|Transnet|transport|Africa|Logistics|Products|Steel|Infrastructure|Iron Ore|Iron-ore|Cable|Operations|Process Control
Engineering|Africa|Building|Cable|Eskom|Export|PROJECT|rail|Transnet|transport|Africa|Logistics|Products|Steel|Infrastructure|Iron Ore|Iron-ore|Cable|Operations|Process Control
engineering|africa-company|building|cable|eskom|export|project|rail|transnet|transport|africa|logistics|products|steel|infrastructure|iron-ore|iron-ore-person|cable-product|operations|process-control
© Reuse this Welcome to Creamer Media’s Engineering News. In this podcast, read by Brindaveni Naidoo of Creamer Media’s Engineering News, we bring you the past week’s top news stories from industry in South Africa and the rest of the world.

In this week’s bulletin:
- Evraz gets conditional South African approval to buy Highveld Steel,
- Transnet’s luxury blue train goes up for sale, and
- The Department of Public Enterprises mulls building a fibreoptic cable.

STEEL SALE

South Africa’s Competition Tribunal approves a four point nine billion rand merger between Highveld Steel and Vanadium, and Evraz, from Russia.

However, it says that the company will have to divest of a stake in Highveld Steel & Vanadium’s iron-ore and vanadium mine and Vanchem plants.

The decision is in line with the European Commission’s ruling in February, when it said that the transaction would give rise to competition concerns at all levels of the vanadium chain.

The EC said that the remedies would eliminate the merged entity's ability and incentive to exploit its strong position in vanadium feedstock.

They would also remove all overlaps between Evraz and Highveld Steel & Vanadium for vanadium oxides and vanadium-finished products.

TRANSNET RESTRUCTURING

State-owned transport and logistics company Transnet puts its hotel-on-wheels train, the Blue Train, up for sale.

The move forms part of the group’s drive to sell off its noncore businesses.

Transnet will sell both sets of the Blue Train, which accommodate a total of one hundred and fifty guests.

CEO Maria Ramos launches the public bidding process in Johannesburg, inviting bidders to express interest to the company’s transaction advisers, Standard Bank.

Commenting on the preferred buyer, she says that Transnet is looking for an investor with a vision for the business and not necessarily one with rail experience.

BROADBAND INFRASTRUCTURE

Although a new State-owned broadband provider is yet to be formally established, Engineering News understands that the Department of Public Enterprises has mandated the interim management team to study the possibility of investing in a new fibreoptic cable, linking South Africa to Europe via the West Coast.

DPE director-general Portia Molefe tells Engineering News that recent Cabinet approval for the Broadband Infrastructure Company Bill has opened the way for the formal creation of Infraco during the first half of the year.

The company will comprise assets currently owned by Eskom and Transnet.

But she also insists that a lot of work is already under way both for the domestic long-distance network and potentially an intercontinental link.

Infraco’s operations are currently being run through an Eskom subsidiary, which has its own CEO designate and board.

Also, in this week’s Engineering News magazine, read our cover story on the challenges involved in bridging the digital divide.

Engineering News speaks to Mary Lou Jepson of the Massachusetts Institute of Technology.

We also report on an ambitious City of Johannesburg project to develop a broadband network for the city.

Finally, don’t miss our features on temperature, pressure and process control; sports infrastructure; and a preview of the Export Africa exhibition.

That’s a round up of this week’s stories on Creamer Media’s Engineering News. For more on these and other stories, visit engineeringnews.co.za


Edited by: Liezel Hill
© 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]...
More
 
 
Latest News
Economic bilateral relations between South Africa and Peru will receive a shot on the arm when businesspeople from the two countries gather in Lima, Peru, to launch the South Africa–Peru Chamber of Commerce (Sapcham) on Wednesday. The chamber aimed to increase trade...
Tongaat Hulett CEO Peter Staude
JSE-listed Tongaat Hulett CEO Peter Staude told shareholders and analysts on Tuesday that of the company’s land assets, 39% was either in the process of undergoing an environmental-impact assessment, being released from agriculture, had formally submitted a planning...
Trade union Solidarity on Tuesday lambasted government for importing foreign skills in the form of 48 Cuban engineers, instead of appointing South African engineers, calling it a “disgrace”. The first of 48 Cuban engineers, appointed to improve service delivery in...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
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.
 
 
 
 
 
This Week's Magazine
While economic forecasts for the African continent are most favourable, African airlines may not be able to benefit from the expected growth in the region’s gross domestic product (GDP), International Air Transport Association VP: Africa Raphael Kuuchi has warned....
The Automotive Production and Development Programme (APDP) will need to change substantially post 2020, says Metair Investments South African operations COO Ken Lello. “We must not make tweaks. We have to change. What we are doing is not sustainable.”
Banking group Absa’s forecast is for the rand to end the year at around R13 against the dollar, weakening further to R13.50 by 2016, says Absa sectoral analyst Jacques du Toit. He warns that possible interest rate hikes in the US may see capital being pulled from...
The Dispute Resolution Centre at the Bargaining Council for the Civil Engineering Industry (BCCEI) is now open to handle party-to-party disputes. The BCCEI represents the interests of all level four to nine Construction Industry Development Board companies.
FREDRIK JEJDLING Sustainability becomes an important part of a business’ decision-making process
Communications technology firm Ericsson sub-Saharan Africa head Fredrik Jejdling says the company’s commitment to sustainability and corporate responsibility has been integrated into all facets of its operations, which has provided it with sustainable revenue...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96