Oct 18, 2012
Real Economy ReportBack
Johannesburg|Eskom|Hydropower|Yaskawa Motoman|Yaskawa Motomoan|South Africa|Blade Nzimande|Brian Dames|Kurt Rosenberg|Southern Africa
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Automation and robotics provider Yaskawa Motoman opened its doors for a demo day at its Modderfontein offices in Johannesburg. Nomvelo Buthelezi finds out more about the trends within the automation and robotics industry.
Yaskawa Motoman Sales Director Kurt Rosenberg
Shannon de Ryhove:
South African electricity utility Eskom has finalised a draft African strategy, which could result it in taking equity as well as operational positions in generation and transmission projects in the rest of the continent, with its primary focus being opportunities in Southern Africa.
Eskom CEO Brian Dames
The pursuance of black economic empowerment in the context of an “untransformed economy” ran the risk of creating a class of “compradors”, or black capitalists who owned shares in companies they could not run and who supported the maintenance of “semi-colonial” economic structures, says South African Communist Party general-secretary Blade Nzimande.
South African Communist Party general-secretary Blade Nzimande
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© Reuse this Comment Guidelines
Updated 10 minutes ago JSE-listed Vunani Property Investment Fund (VPIF) has entered into an agreement with Magakabye Property Services to buy rental enterprise Wellington Road, in Parktown, Gauteng, measuring 12 140 m2 collectively, for R102.5-million. This transaction was a step towards...
Updated 1 hour 2 minutes ago Eskom CEO Brian Dames has resigned from the position for personal reasons and will depart at the end of March. A process has been initiated to find a successor, chairperson Zola Tsotsi said on Thursday.
Updated 1 hour 18 minutes ago The South African Chamber of Commerce & Industry’s (Sacci’s) Business Confidence Index (BCI) had one of its worst performances month-on-month in November, with none of the subindices improving on their October levels and six subindices maintaining the previous...
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