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Feb 24, 2011

Real Economy Report

Real Economy Report 141
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From Creamer Media in Johannesburg, this is the Real Economy Report.
Ciro Premium Coffees has acquired a new packaging machine that has allowed the coffee roaster to upgrade the packaging of its range of premium filter coffees, and increase output. Henry Lazenby investigates.

Henry Lazenby:
The company says that it is making extensive use of one of Italian packaging automation machine manufacturer ICA’s Quadpack machines. This has resulted in new packaging for the company’s House of Coffees premium filter coffee brand.
Ciro Premium Coffees plant manager Donato Bove explains.

Ciro Premium Coffees plant manager Donato Bove

Shannon de Ryhove:
Other news making headlines this week includes US aerospace group Boeing sources its components from South Africa, the De Hoop dam achieves a concrete placement record, and South-South trade is booming despite high trade barriers.

American aerospace giant Boeing has bought South African components worth more than $360-million since 2000. Keith Campbell asked Boeing’s Miguel Santos how this relationship developed.

The record-breaking concrete placement project at De Hoop dam took place in November 2010 with a peak hourly production of 329 m3. De Hoop dam contractor’s representative Johan van Niekerk tells us more about the speedy placement exercise.

De Hoop dam contractor’s representative Johan van Niekerk

South-South trade is growing fast, but barriers among developing countries are still up to seven times higher than those imposed by the developed world.

OECD Development Centre director Mario Pezzini

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
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