Apr 16, 2008
Real Economy ReportBack
© Reuse this From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week:
GFMS CEO Paul Walker talks about the gold price and his golden hair,
National tooling initiative to revitalize the South African tooling industry,
And Eqstra looks into the rail and power generator sectors
GFMS CEO Paul Walker
Christy van der Merwe:
The South African toolmaking industry is a shadow of its former self, and the average age of a toolmaker is 55.
Christy van der Merwe:
Nepo Kekana, COO, Gauteng Tooling Initiative
The company is on the lookout for acquisitions, and another item on its shopping list is a firm in the rail sector, he says.
Eqstra CEO Walter Hill
Eqstra was leaving the fold of diversified industrial conglomerate Imperial because it had a higher gearing than its parent.
Unbundling would allow the company to raise more debt, thereby creating more capacity for growth.
We go inside the development of South Africa's new R200-million, high-tech Marion Island science hub
We report on the Engineering Council of South Africa's explanation on why it objects to the new framework for the profession
And, we investigate Rand Water's assurance that it will be able to continue delivering high-quality water to all its customers and high-end users.
And in Mining Weekly this week:
South Africa's State Diamond Trader CEO Abbey Chikane states that demand for rough diamonds is 200% greater than supply.
Junior gold-miner Pamodzi Gold reports that it will spend R60-million to repair and refurbish engineering infrastructure at its President Steyn mine.
And, a geologist explains that up-skilling is a priority for junior exploration companies in order to beat the critical skills deficit.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Real Economy Report
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
Updated 4 hours ago 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...
Updated 4 hours ago 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...
Updated 4 hours ago 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...
Updated 4 hours ago 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...
Updated 4 hours ago 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...