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Apr 05, 2012

Real Economy Report

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Real Economy Report 193 - Phelophepa II
Johannesburg|Africa|Colgate-Palmolive|IDC|Industrial|Industrial Development Corporation|Platinum|Transnet|Africa|South Africa|Quality Healthcare|Brian Molefe|Geoffrey Qhena|Phelophepa II|Gauteng
|Africa|Industrial|Platinum|Transnet|Africa|||||
johannesburg|africa-company|colgatepalmolive|idc|industrial|industrial-development-corporation|platinum|transnet|africa|south-africa|quality-healthcare|brian-molefe|geoffrey-qhena|phelophepa-ii|gauteng-province-or-state
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From Creamer Media in Johannesburg, this is the Real Economy Report.
Transnet in partnership with its sponsors Roche and Colgate-Palmolive have launched the R82-million Phelophepa II health train to provide quality healthcare to more rural people. Dimakatso Motau reports.

Dimakatso Motau:
Transnet CE Brian Molefe explained that as part of the company’s aim to intensify its corporate social responsibility initiatives, it has launched the Phelophepa II health train, which is technologically advanced.

The second train will run concurrently with the first train and reach about 370 000 patients a year starting from 2013. The Phelophepa I train is currently undergoing a 12-month refurbishment and an upgrade. The two trains will travel in different directions and target four provinces each except the Gauteng province.

Transnet CE Brian Molefe

Shannon de Ryhove:
Another story making headlines this week: The IDC invests big in a new-look platinum integration.

South Africa’s State-owned Industrial Development Corporation has made its biggest single investment in five years.

IDC CEO Geoffrey Qhena

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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