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Apr 29, 2010

Real Economy Report

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Real Economy Report 105
Johannesburg|Airports Company South Africa|Civil Aviation Authority|Gautrain|General Motors South Africa|Isuzu|Motors|Africa|Israel|Singapore|South Africa|The Netherlands|United States|Central Terminal Building|Gautrain|GMSA Stable|OR Tambo International Airport|R2,2-billion Central Terminal Building|Motors|Gautrain|Barbara Hogan|Chanel Pringle|Colin Jordaan|Gautrain|Ian Nicholls|Irma Venter|Jacob Zuma|Keith Campbell|Motors|Astra
johannesburg|airports-company-south-africa|civil-aviation-authority-company|gautrain-company|general-motors-south-africa|isuzu|motors-company|africa|israel|singapore|south-africa|the-netherlands|united-states|central-terminal-building|gautrain-facility|gmsa-stable|or-tambo-international-airport-facility|r22-billion-central-terminal-building|motors-industry-term|gautrain-organization|barbara-hogan|chanel-pringle|colin-jordaan|gautrain|ian-nicholls|irma-venter|jacob-zuma|keith-campbell|motors-person|astra
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From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week:
Acsa's R2,2-billion Central Terminal Building project is a success;
General Motors South Africa revisits its brand portfolio;
And, we look at the significance for South Africa of the recent local certification of the Jonker JS-1 glider.

Shannon de Ryhove:
President Jacob Zuma has officially opened the Central Terminal Building at OR Tambo International Airport. Chanel Pringle was there.

Chanel Pringle:
The official opening of the R2,2-billion Central Terminal Building at the OR Tambo International airport by President Zuma signalled the completion of the Airports Company South Africa's infrastructure upgrades at Africa's biggest and busiest airport.

Acsa director for airport operations Bongani Maseko believes that the project is a resounding success.

Acsa director for airport operations Bongani Maseko

Chanel Pringle:
Maseko adds that there is now also greater accessibility to the airport.

Bongani Maseko

Shannon de Ryhove:
General Motors South Africa has been forced to revisit its brand portfolio as its much leaner parent company last year exited government-sponsored bankruptcy protection in the US. Irma Venter found out what changes lie in store for South African consumers.

Irma Venter:
As Chevrolet is to be the flagship brand for General Motors South Africa going forward, the company is rebranding the country's favourite small pick-up, the Opel Corsa Utility. GMSA vice-president planning Ian Nicholls explains what will happen.

GMSA vice-president planning Ian Nicholls

Irma Venter:
With Hummer, Saab and Cadillac gone, Isuzu and Opel will remain in the new-look GMSA stable, with Opel to see the return of the sporty Astra.

Ian Nicholls

Shannon de Ryhove:
Recently, South Africa's Civil Aviation Authority granted type certification to the locally-designed and built Jonker JS-1 sailplane. Keith Campbell reports.

Keith Campbell:
This is the first time since its establishment in 1998 that the Civil Aviation Authority has awarded a type certification and it is also one of the very few - perhaps less than a handful of - occasions that South African aviation authorities have issued type certification for a South African-designed and built aircraft. Captain Colin Jordaan, director of Civil Aviation, explains the significance of this.

Captain Colin Jordaan, director of Civil Aviation

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

In this week's cover story, we discuss South Africa's changes to its trade policy and how observers are calling for greater transparency.

Public enterprises Minister Barbara Hogan argues that CEO's of State-owned enterprises should show accountability to their boards.

And, Gautrain builder and operator Bombela will make use of Israeli-developed military-grade thermal imaging equipment to protect its assets.

And in Mining Weekly this week:

In this week's cover story, we herald a new diamond dawn as Israel takes the reins of the stuttering Kimberley Process.

We report that Holland and Singapore have invested $400-million in JSE-listed Pallinghurst.

And, gold miner Gold Fields puts new emphasis on the unrivalled gold riches of its one-of-a-kind South deep gold mine.

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: Shannon de Ryhove
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