http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.87Change: 0.05
R/$ = 12.66Change: 0.03
Au 1091.62 $/ozChange: 0.17
Pt 956.00 $/ozChange: -10.00
 
 
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  
 
 
Jun 10, 2010

Real Economy Report

Back
Real Economy Report 111
 
 
 
Construction|Engineering|Africa|Eskom|Exploration|Mining|PROJECT|Road|Safety|SECURITY|Storage|System|Transformer|transport|Africa|Service|Services|Power|Transformer
Construction|Engineering|Africa|Eskom|Exploration|Mining|PROJECT|Road|Safety|SECURITY|Storage|System|Transformer|transport|Africa|Service|Services|Power|Transformer
construction|engineering|africa-company|eskom|exploration|mining|project|road|safety|security|storage|system|transformer-company|transport|africa|service|services|power|transformer
© Reuse this



From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week:
We look at one of the tools Eskom is hoping to use to close its R115-billion funding shortfall.
The New Road substation in Midrand is handed over to City Power.
And, FanRide offers dedicated transport for 2010 FIFA World Cup fans.

Shannon de Ryhove:
Eskom will soon disclose details of a plan designed to close funding shortfalls related to its committed capital programme worth R553-billion. Engineering News editor Terence Creamer offers some insight into one possible funding instruments: the sale of a stake in the Kusile project.

Terence Creamer:
There is much scepticism about whether Eskom will indeed be able to generate investor appetite for a minority stake in its R141,5-billion Kusile project, currently being built in Mpumalanga. Chief officer generation, Brian Dames, has assured us that there is indeed interest in the transaction. But, he admits that this interest comes with risk and return caveats.

Eskom chief officer generation Brian Dames

Shannon de Ryhove:
High-voltage construction company Conco has handed over the New Road substation in Midrand to City Power. Creamer Media gets a first hand view.

Conco project manager New Road substation Mario Prasti:
People are always looking for extra power, now this is not actually generation of power, we are not actually making power, we are just taking the generated power that is available, and just putting it in a place and distributing it to the consumer, and that is what you need when you start a development.

Christy van der Merwe:
New Road is a 132/11kV indoor cellular substation, currently operated at 88 kV but ready for 132 kV change-over in future. There are three 40 MVA transformer bays, a double busbar system, and two 11 kV switchboards linked by through-wall busbars comprising 40 panels.

Panels allowing remote control protection and supervisory features are present, which means in future City Power will be able to operate the substation remotely from its head office in Johannesburg.

The latest safety and security features have also been included.

Mario Prasti

Shannon de Ryhove:
Transport company FanRide has collaborated with the Melrose Arch precinct and with the local taxi industry to provide dedicated prebooked transport to and from South Africa's World Cup stadiums. Chanel de Bruyn has the story.

Chanel de Bruyn:
FanRide has trained drivers from the local taxi industry to provide foreign and local soccer fans with dedicated transport to and from the Soccer City, Ellis Park, Loftus Versveld, Royal Bafokeng and Peter Mokaba stadiums during the World Cup.

CEO Leema Mofokeng explains what this service will entail.

Fanride CEO Leema Mofokeng

Chanel de Bruyn:
The transport company promises safe and reliable transport.

Leema Mofokeng

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

In this week's cover story, we report that South Africa is backing Norway's 1-billion-dollar bid to advance carbon capture and storage.

South Africa's electric vehicle pioneer unveils a three-wheel concept car.

And, Gauteng's underperforming agencies face an overhaul that could generate yearly savings of 100-million-rand.

And in Mining Weekly this week:

In this week's cover story, we explore how the JSE can advance from good to great.

We report that Randgold & Exploration is back in business and keen to fill a perceived unfilled space on the current South African mining landscape.

And, a Chinese consortium eyes Aurora's Orkney mine as AngloGold halts services to the 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
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Real Economy Report
More
 
 
Latest News
Updated 3 minutes ago South Africa has been shortlisted by The European Outsourcing Association (EOA) for the Offshoring Destination of the Year 2015 award, competing against Bulgaria and Latvia. Now in its sixth year, the EOA Awards recognised and celebrated the efforts of companies who...
Trade and Industry Minister Dr Rob Davies
Updated 45 minutes ago South Africa planned to offer five reasons as to why it should retain its status as an African Growth and Opportunity Act (Agoa) beneficiary during public hearings scheduled for Friday in Washington DC. The US House of Representatives passed a ten-year extension to...
Updated 51 minutes ago The Competition Commission on Tuesday approved telecommunications giant Telkom’s buy-out of Business Connexion (BCX) with conditions. The conditions included a price freeze on affected products in the upstream by Telkom, a limit on the number of job losses arising...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96