Apr 30, 2009
Real Economy ReportBack
Engineering|Gold|Johannesburg|Africa|B&W Instrumentation|CoAL|Coal Of Africa Limited|Instrumentation|Mining|Mining Weekly|Platinum|PROJECT|Projects|Africa|South Africa|Automotive|Oil|Power Generation|Power-generation|Steel|Transport|Environmental|Chanel Pringle|Coal|Econometrix|Infrastructure|Jacob Zuma|John Barrow|Keith Campbell|Lance Brogden|Macsteel|Power|Shannon O'Donnell|Tony Twine
© Reuse this
From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: we ask if the election of a new ANC government will mean new economic policies for the country; an instrumentation company looks to diversify the market; and we look at the impact of the global recession on air freight in Africa.
Tony Twine, senior economist, Econometrix
Ukwazi Mining advert
Chairperson John Barrow says the company is working on entering the oil & gas, the power generation and infrastructure sectors where it sees plenty of growth in future.
B&W Instrumentation, chairperson, John Barrow
Its aim is to secure about R150-million of work in the oil & gas sector, and about R190-million of work in the power generation sector, within the next few months.
Meanwhile, Barrow says the company has experienced delays to projects it was working on, especially outside of South Africa.
International Air Transport Association, Regional Vice-President for Africa, Lance Brogden
We report that South Africa's largest steel merchant, Macsteel, expects the South African steel market to shrink by 30% this year.
Read how South Africa's engineer-to-citizen ratio is worsening, with only 0,5 students produced in engineering and the natural sciences for every 100 members of the population.
And, we report that the world's light vehicle output could fall to its lowest level since 2001.
And in Mining Weekly this week:
We ask what's in store for platinum as the automotive industry declines.
We report that South African gold major Harmony Gold will be debt free by mid-May with 1,5-billion-rand in cash.
And, coal miner Coal of Africa Limited's Vele colliery project faces opposition owing to a likely environmental impact.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Real Economy Report
Updated 9 minutes ago 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.
Recent Research Reports
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.
Real Economy Insight: Automotive 2014 (PDF Report)
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.
This Week's Magazine
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...