Jul 17, 2008
Real Economy ReportBack
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
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