From Creamer Media in Johannesburg, this is the Real Economy Report. A division of South Africa’s DCD industrial group has developed an new mine and ballistic protected vehicle, called the Mountain Lion. Keith Campbell reports.
DCD Protected Mobility has many years of experience in developing and manufacturing mine protected vehicles, today often referred to by the American term Mraps, and is the original equipment manufacturer of the renowned Husky route clearance vehicle, of which it has exported some 1 600 examples. DCD Protected Mobility General Manager Alan Mears explains why they have developed the Mountain Lion and what it can do.
DCD Protected Mobility GM Alan Mears
Shannon de Ryhove:
Other news making headlines this week: Minister Ebrahim Patel outlines South Africa’s public-public partnership vision; new banknotes will be introduced before the end of this year; and infrastructure and policy delivery will form the basis of the World Bank’s future engagement with South Africa.
Economic Development Minister Ebrahim Patel reports that a new form of ‘PPP’, or ‘public–public partnership’, is in the process of being forged around South Africa’s multibillion-rand infrastructure programme.
Economic Development Minister Ebrahim Patel
Reserve Bank governor Gill Marcus recently launched a communication campaign to showcase the new series of South African banknotes featuring former President Nelson Mandela. The R34-million awareness campaign is aimed at informing the public about the unique features of the new banknotes, which will be introduced before the end of the year.
Reserve Bank governor Gill Marcus
Newly appointed World Bank president Dr Jim Yong Kim, who visited South Africa as part of a larger African tour, said the bank stood ready to support Africa’s largest economy in its efforts towards improving social inclusion through higher levels and more inclusive growth.
World Bank president Dr Jim Yong Kim
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.