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May 10, 2012

Real Economy Report

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Real Economy Report 197
Johannesburg|Africa|Caterpillar|Energy|PROJECT|Samsung|Samsung Africa|Africa|South Africa|Energy|Mining|Transport|Doug Oberhelman|Keith Campbell|Martin Sefzig|Thierry Boulaner
|Africa|PROJECT||Africa||Energy|Mining|Transport|
johannesburg|africa-company|caterpillar|energy-company|project|samsung|samsung-africa|africa|south-africa|energy|mining|transport-industry-term|doug-oberhelman|keith-campbell|martin-sefzig|thierry-boulaner
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From Creamer Media in Johannesburg, this is the Real Economy Report.
South Africa is looking for new maritime patrol and light transport aircraft for the air force. One of the companies seeking to supply these aircraft is Airbus Military. Keith Campbell reports.

Keith Campbell:
Airbus Military can offer two alternatives for both roles – the smaller CN235 and the larger C295. The South African Air Force has operated one CN235, so the European planemaker recently brought a C295 to this country to undertake a number of demonstrations. The company also believes that the C295 is the more suitable design for this country’s needs. I asked Airbus Military Vice-President: Commercial for Africa, Martin Sefzig, what the benefits would be for South Africa should the country choose the C295.

Airbus Military Vice-President: Commercial for Africa Martin Sefzig

Shannon de Ryhove:

Other news making headlines this week: a solar Internet project earns immediate recognition; and mining truck and tyre supply should reach a balance in 2015.

Barely six months into the launch of technology giant Samsung’s corporate social responsibility initiative, the solar- powered Internet school, it won the African Solar Project of the Year award at the Africa Energy Awards in March.

Samsung Africa IT solutions director Thierry Boulaner

Mining truck and tyre production should be on equal footing by around 2014 to 2015 onwards, as both tyre and truck manufacturers are spending big money to ensure the increased availability of both, says Caterpillar CEO Doug Oberhelman.

Caterpillar CEO Doug Oberhelman

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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