http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.57Change: -0.01
R/$ = 12.25Change: -0.09
Au 1170.68 $/ozChange: -3.83
Pt 1087.50 $/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  
 
 
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...
More
 
 
Latest News
Updated 2 hours 9 minutes ago Speciality chemicals group Lanxess on Wednesday appointed its South African CFO Ben Marais as country representative and MD. Marais, a qualified South African chartered accountant, completed his articles with international accounting firm Deloitte. Over the years, he...
Economic Development Minister Ebrahim Patel
Updated 2 hours 27 minutes ago Some four years after the signing of the Local Procurement Accord, which sketches government’s intention to achieve a 75% localisation spend in the procurement of goods and services, Economic Development Minister Ebrahim Patel has described government’s greatest...
Updated 2 hours 32 minutes ago National carrier South African Airways (SAA) and Air Mauritius have concluded an agreement that will see a broadening of their codeshare agreement to enhance greater connectivity between the continent, South Africa, Mauritius and other intercontinental routes. “The...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Construction 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.
Real Economy Insight: Electricity 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.
Real Economy Insight: Road and Rail 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
JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own.
TEAMWORK Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd
Temporary power generation services provider Aggreko announced earlier this month that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest...
Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Brégier told international aviation journalists in Toulouse, France, at the company’s recent...
MEASURING DEVICES Bosch has released a mobile app that enables the measurements made with measuring devices to be sent and used directly on the app for accuracy and on-site quoting
Industrial tool manufacturer Bosch has increased the compatibility of many batteries in its range of blue industrial power tools and has released mobile-device applications (apps) for users of the tools, says Bosch South Africa training manager Peter du Bruyn. Many...
The new Nissan Navara has been launched onto the global market, but Nissan South Africa (NSA) will only know in August whether the local Rosslyn plant will assemble the one-ton pickup. The NSA plant currently produces the old NP300 Hardbody one-ton bakkie, as well as...
 
 
 
 
 
 
 
 
 
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