Jul 17, 2008
Real Economy ReportBack
Derby|Engineering|Gold|Johannesburg|SECURITY|Africa|Bombardier|Creamer Media Television|DBCM|Denel|Denel Dynamics|Environment|Gautrain|Mining Weekly|PROJECT|Security|System|Transnet|Africa|Greenland|South Africa|United Kingdom|De Beers' Finsch Mine|Finsch Diamond Mine|Finsch Diamond Plant|Finsch Mine|Gautrain|Security|Tambo International Airport|Mining|Missile Maker|Rail Car|Security|Gautrain|David Noko|Drilling|Gautrain|Irma Venter|Jan Wessels|Keith Campbell|Martin Creamer|Mercedes Benz|Nicky Oppenheimer|Rail|Security|Shannon O'Donnell|Active Radar Technology|Diamond Technology
© Reuse this From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: we ride the first Gautrain, missile maker Denel Dynamics unveils some of its new technologies, and De Beers' Finsch mine unveils a new R630-million diamond plant.
This is probably not surprising, as Canadian rail specialist, Bombardier, the same company who built the trains for the London Underground, was also responsible for developing the Gautrain.
The South African commuter train is based on the Electrostar series, with more than 1 600 cars in operation in the UK alone.
The blue-and-gold Gautrain rides on air-suspension, which allows for smooth travelling, even at the maximum speed of 160 km/h.
Each train has a section allocated to wheelchairs.
Security is provided by two closed-circuit television cameras per car. These images can be viewed from the driver's cab.
The Gautrain system will be fully operational in 2011, linking Tshwane, Johannesburg, and the OR Tambo International Airport.
Mercedes Benz advert
Denel Dynamics CEO Jan Wessels
DBCM CEO David Noko
DBCM Chairperson Nicky Oppenheimer
We take an in-depth look at some of the efforts that have been made to make Transnet Freight Rail ‘growth ready'
Read how ice-core drilling in Greenland tells a worrying story of climate change
And, read of the new Enterprise Investment Programme incentive that aims to help embattled manufacturers upgrade their facilities
And in Mining Weekly this week:
We report that a unique opportunity is at hand for Africa to create ‘lasting value' out of the current global commodities boom
News that there is still a chance of a major new diamond discovery in South Africa
And, a report that South Africa may soon earn more from skyrocketing rhodium than from gold.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Real Economy Report
Updated 19 minutes ago The world’s biggest mining company BHP Billiton has agreed a R10-billion, five-year liquid metal supply contract with a black-controlled consortium in a transaction that gives the South African aluminium industry a shot in the arm. The diversified major, which is in...
Updated 1 hour 11 minutes ago Much like South Africa was seen as an automotive hub, white appliance manufacturer Defy aimed to establish the country as a hub for the export of white appliances, Koc chairperson Mustafa Koc said on Monday. As Koc subsidiary Arcelik Group leveraged its $324-million...
Updated 1 hour 15 minutes ago South African radar company Reutech Radar Systems (RRS) is planning to develop new products next year, while remaining focused on its core businesses. "This is to maintain our momentum in both the defence and commercial markets," RRS CEO Carl Kies told Engineering...
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This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.