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May 03, 2012

Real Economy Report

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Real Economy Report 196
Construction|Johannesburg|Lubumbashi|Of Congo|Africa|Energy|Korongo Airlines|National Airways Corporation|Nuclear|Africa|China|Democratic Republic Of Congo|South Africa|OR Tambo International Airport|Airline Industry|Energy|Mining|Training Services|Christophe Allard|Dina Pule|Dipuo Peters|Martin Banner|Power
construction|johannesburg|lubumbashi|of-congo|africa-company|energy-company|korongo-airlines|national-airways-corporation|nuclear-company|africa|china|democratic-republic-of-congo|south-africa|or-tambo-international-airport-facility|airline-industry|energy|mining|training-services|christophe-allard|dina-pule|dipuo-peters|martin-banner|power
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From Creamer Media in Johannesburg, this is the Real Economy Report.
The National Airways Corporation’s (Nac's) 43 Air School plans to double its capacity over the next five years to accommodate the growing African and global demand for pilots. Idele Esterhuizen has the story.

Idele Esterhuizen:
Although somewhat subdued over the past two years owing to financial constraints in the airline industry, pilot training is expected to pick up in the short- to medium term.

International growth, especially in China and Africa is calling for additional pilots to be trained and Nac’s 43 Air School plans to further develop its training services to meet this growing demand. Nac CEO Martin Banner elaborates:

Nac CEO Martin Banner

Shannon de Ryhove:

Other news making headlines this week: Communications Minister Dina Pule unveils new policy plans; Korongo celebrates its first flight from Johannesburg to Lubumbashi; and new nuclear expansion will create mining and construction jobs.

Communications Minister Dina Pule has announced that the Department of Communications is embarking on a process to overhaul the South African information and communications technology policies.

Communications Minister Dina Pule

The maiden flight of new African air operator Korongo Airlines’ twice-weekly service between Lubumbashi, in the Democratic Republic of Congo, and Johannesburg, left the OR Tambo International Airport in mid-April.

Korongo Airlines CEO Christophe Allard

Energy Minister Dipuo Peters said at the National Union of Mineworkers' Nuclear Energy Workshop that expanding South Africa’s nuclear power industry would boost job creation, particularly in the uranium mining and construction sectors.

Energy Minister Dipuo Peters

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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