http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.15Change: -0.05
R/$ = 11.65Change: -0.10
Au 1283.66 $/ozChange: 10.51
Pt 1240.50 $/ozChange: 12.30
 
 
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  
 
 
Apr 16, 2009

Real Economy Report

Back
RER 55
Construction|Engineering|Gold|Johannesburg|Toronto|Africa|CoAL|Design|General Motors|General Motors South Africa|GFMS|GM South Africa|Industrial|Isuzu|Merafe Resources|Mining|Mining Weekly|Motors|Nissan South Africa|PROJECT|Resources|Road|System|Africa|Mozambique|South Africa|United States|Motors|Satellite Tracking Dish|Yellow Metal|Irma Venter|Keith Campbell|Martin Creamer|Motors|Paul Walker|Raoul Hodges|Shannon O'Donnell|Steve Koch|Steve Phiri|Bearing|Motors|Operations
Construction|Engineering|Gold||Africa|CoAL|Design|Industrial|Mining|Motors|PROJECT|Resources|Road|System|Africa||Motors||Motors||Bearing|Motors|Operations
construction|engineering|gold|johannesburg|toronto|africa-company|coal|design|general-motors|general-motors-south-africa|gfms|gm-south-africa|industrial|isuzu|merafe-resources|mining|mining-weekly-company|motors-company|nissan-south-africa|project|resources|road|system|africa|mozambique|south-africa|united-states|motors-industry-term|satellite-tracking-dish|yellow-metal|irma-venter|keith-campbell|martin-creamer|motors-person|paul-walker|raoul-hodges|shannon-odonnell|steve-koch|steve-phiri|bearing|motors|operations
© Reuse this

From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: the Satellite Applications Centre of the CSIR inaugurates a new satellite tracking dish; gold is still on an upward trend; and General Motors is still forging ahead in South Africa.

Shannon O'Donnell:
The Satellite Applications Centre, of the Council for Scientific and Industrial Research, has a new X-band satellite tracking dish. Keith Campbell reports.

Keith Campbell

CSIR Satellite Applications Centre manager Raoul Hodges

Keith Campbell

Raoul Hodges

Shannon O'Donnell:
Gold still appears to be on an upward trend. Mining Weekly's Martin Creamer speaks to GFMS CEO Paul Walker, after this commercial break.

Bearing Man advert

Martin Creamer:
The gold price, which is so crucial to the South African economy, is not an easy price to call in today's volatile financial world. To find out from one of the world's most authoritative sources, the Real Economy Report asked GFMS CEO Paul Walker for his view.

GFMS CEO Paul Walker

Martin Creamer:
Many individuals are getting their hands on gold to counteract the world's financial insecurity. Paul Walker again.

Paul Walker

Martin Creamer:
The Central Banks have been holding on to their gold, which is another indication that even the mighty are placing faith in the yellow metal.

Paul Walker

Martin Creamer:
But the International Monetary Fund is going to sell off some gold, which caused havoc last time it did so.

Paul Walker

Martin Creamer

Shannon O'Donnell:
US vehicle manufacturer General Motors is in trouble, but what exactly does this mean for South Africa's Isuzu, Opel, Chevrolet and Cadillac drivers? Irma Venter spoke to General Motors South Africa MD Steve Koch to find out.

Irma Venter:
The US government has agreed to provide General Motors with bridging finance until the end of May, following which the embattled vehicle manufacturer may be forced into controlled bankruptcy.
GM South Africa MD Steve Koch explains what bankruptcy under US legislation would mean, should General Motors be forced down this road.

GM South Africa MD Steve Koch

Irma Venter:
Koch says a court-protected bankruptcy should see GM emerge as a smaller company, selling a reduced number of brands, and no longer in need of further financial assistance from the US government.

Steve Koch

Irma Venter:
Koch is confident a bankrupt GM will not have a severe effect on GM South Africa's local operations.

Steve Koch

Shannon O'Donnell:
And now for a sneak preview of this week's Engineering News magazine:

Read how Gauteng gets set to take the free out of freeway with the introduction of an electronic tolling system.

We report that Nissan South Africa remains committed to its plans to raise production at its Rosslyn plant to 40 000 units a year.

And, read how the design changes to the fourth-generation pebble-bed modular reactor will delay the construction of the demonstration plant.

And in Mining Weekly this week:

Read our cover story on Toronto, the world's mining finance capital of the world.

Read a report on the view held by Merafe Resources CEO Steve Phiri, that the ferrochrome price can only go up.

And, news that Brazilian major diversified miner Vale has started development of its $1,3-billion Moatize coal project, in Mozambique.

Shannon O'Donnell:
That's Creamer Media's Real Economy Report. Join us again next week for more news and insight into South Africa's real economy.

 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Real Economy Report
More
 
 
Latest News
SAA acting CEO Nico Bezuidenhout, Finance Minister Nhlanhla Nene and SAA chairperson Dudu Myeni
Finance Minister Nhlanhla Nene has assured that loss-making national carrier South African Airlines (SAA) will not receive another bailout from government, noting that the most recent R6.4-billion government guarantee had only been provided in support of an intensive...
South Africa's cumulative trade deficit was R95.3-billion in 2014, the South African Revenue Service (Sars) said on Friday. In 2013, it was R71.4-billion, Sars said in a statement.
Certain regulatory approvals remain outstanding in Telkom’s proposed R2.67-billion takeover of JSE-listed Business Connexion (BCX), the parties said in an update to shareholders on Friday. BCX noted in the statement that the Competition Authority of Botswana had...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
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 road...
Real Economy Year Book 2014 (PDF Report)
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.
 
 
 
 
 
This Week's Magazine
The international Square Kilometre Array (SKA) radio telescope – which is to be jointly hosted by South Africa and Australia with, later, outstations in other countries – may not yet exist, but international scientific working groups are already deciding what...
A free Web-based solar power plant capacity-planning tool offers project planners and developers, as well as governments, a means to assess the solar energy potential of thin-film solar PV power over an area of land. The tool was developed by thin-film solar...
As yet, no specific methodology, timeline or costs have been finalised to remedy the water ingress, excessive to contractual specifications, into the Gautrain tunnel between emergency shaft two (E2) and Park Station, says Bombela Concession Company technical and...
ASTRAPAK The group highlighted that executive strategic interventions and other group-wide business improvement imperatives were progressing favourably
The “seriously disruptive” electricity outages in South Africa have cost packaging group Astrapak more than R2-million in “irrecoverable downtime costs”, the company said on Monday, adding that the power cuts were negating some of the benefit of energy saving...
Bakkies and more affordable cars dominated South Africa’s new vehicle market in 2014. Unaudited data from the Department of Trade and Industry (DTI) shows that South Africa’s most popular vehicle in 2014 was the Toyota Hilux, selling 37 562 units.
 
 
 
 
 
 
 
 
 
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