Feb 25, 2010
Real Economy ReportBack
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From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: we look at nuclear power as an option for South Africa; the platinum price collapsed along with the automotive market early last year, but a much-changed outlook is now lifting sentiment; and, we look at South Africa's new aviation exhibition.
Shannon de Ryhove:
North West University Executive Director for Research and Innovation, Prof Frikkie van Niekerk
Bowman Gilfillan partner in the Energy, Natural Resources and Environment department Claire Tucker
Shannon de Ryhove:
Impala Platinum Marketing Executive Derek Engelbrecht
Shannon de Ryhove:
Duma Exhibitions director and AIR Africa organiser Lynne Brown
Shannon de Ryhove:
In our cover story, we report that French car manufacturer Renault has grown its South African sales by 70% to claw back its lost market share.
State-owned freight logistics group, Transnet, expects to tap its recently established $2-billion Global Medium-Term Note programme within the next six months.
And, we report that Ethiopia has been plunged into a major power crisis after the water-passage tunnel of a newly inaugurated power plant collapsed.
And in Mining Weekly this week:
In this week's cover story, we report that urgent decisions are necessary to avoid the environmental consequences of acid mine drainage.
Major world nuclear group Areva is considering constructing a uranium processing plant in South Africa.
And, read that platinum major Implats is withholding further expansionary investment in Zimbabwe until the Zimbabwean government resolves outstanding issues.
That's Creamer Media's Real Economy Report. Join us again next week for more news and insight into South Africa's real economy.
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Other Real Economy Report
Updated 53 minutes ago A second full electric vehicle has entered the South African market, following the local debut of the Nissan Leaf in 2013. The BMW i3 BEV sells for R525 000, while the derivative with a range extender, the i3 REx, sells for R595 000.
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