Apr 16, 2008
Real Economy ReportBack
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© 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
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Recent Research Reports
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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...
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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.
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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)
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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 multibillion-rand development of the Zendai Modderfontein New City, east of Johannesburg, will aim to exemplify an integrated city node, says property group Zendai South Africa COO Wenhui Du. The development will focus on the Modderfontein Gautrain station to be...
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Various stakeholders have expressed optimism that the Small Business Development Ministry, created after the national elections in May, will add much needed impetus to enterprise development in South Africa, where a strengthening of the entrepreneurial culture is...
Capturing and storing carbon dioxide (CO2) is the only way through which the world will achieve the lowest of the United Nations Framework Convention on Climate Change’s (UNFCCC) global warming predictions, called the representative concentration pathway (RCP) 2.6....
The City of Johannesburg has recovered R107-million following the arrest of 22 people allegedly involved in corruption, collusion, fraud and tampering with the city’s electricity systems, which had ultimately cost the city R200-million in lost revenue.