May 19, 2010
Weekly podcast – May 19, 2010Back
Construction|Johannesburg|Port|Africa|ArcelorMittal|Denel|Industrial|Kumba Iron Ore|Renewable Energy|Renewable-Energy|SEW Eurodrive|SEW-Eurodrive|Transnet|Africa|Asia|Europe|South Africa|Automotive|Drive Technology|Energy|Logistics|Maintenance|Manufacturing|Steel|Steel Prices|Transport|Ebrahim Patel|George Strauss|Iron Ore|Iron-ore|Power|Rail|Rob Davies|Drive Technology
© Reuse this
Wednesday, May 19, 2010.
From Creamer Media in Johannesburg, I'm Shannon de Ryhove.
Making headlines this week:
South African transport unions have reached a proposed wage deal with logistics group Transnet. If the deal is accepted by union members, it will end a strike that paralysed rail and port traffic.
United Transport and Allied Trade Union, or Utatu, president George Strauss said on Wednesday that there was a settlement agreement that the union is going to take to its members. However, he was unable to disclose the details of the agreement.
Utatu is the biggest union at Transnet and with the South African Transport and Allied Workers Union represents 85% of Transnet's 54 000-strong workforce.
The strike, now in its second week, has dented exports of metals, fruit and wine to Europe and Asia and hit imports of automotive parts and supplies of fuel. Two-thirds of Transnet's workforce have been on strike since Monday last week.
On Tuesday, Trade and Industry Minister Rob Davies asked the Competition Commission to investigate an increase in steel prices by the South African unit of the world's largest steel maker, which followed a price dispute between the firm and its iron ore supplier Kumba Iron Ore.
Davies reiterated the view that, in the event of a finding that the Competition Act had been breached, the most vigorous remedies should be pursued.
Davies said earlier that while the iron ore supply dispute was a commercial matter, higher steel prices did have implications for Africa's biggest economy as it sought to build its manufacturing and export base with a new industrial policy.
However, Economic Development Minister Ebrahim Patel says that South Africa's green economy role players must move with speed, as there are many other countries competing to get a slice of the global green economy.
The green economy plays a key role in South Africa's shift to a new growth path, with the government focusing on more labour-absorbing industries.
These jobs will be in energy generation and in the construction, manufacturing, operation and maintenance of power plants in solar, biofuels, small hydro and pyrolysis.
There are thousands of vacancies at South Africa's cash-strapped State-owned enterprises.
That's a round up of news making headlines this week.
Edited by: Shannon de Ryhove© Reuse this Comment Guidelines (150 word limit)
Other Intellectual Property Law News
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
Pharmaceutical companies typically invest substantial amounts of money into research and development. Their research, however, is not only aimed at discovering new active pharmaceutical ingredients (APIs). Instead, some companies make small modifications to existing...
A controversial patent process known as ‘ever-greening’ is being carried out by many pharmaceutical brands, and is preventing medications from being made available as generics, affecting many South Africans who are struggling to keep up with the cost of medication....
Updated 3 hours ago Western Cape entrepreneurs had just four days before applications closed to secure cash injections of at least R10-million by pitching their business ideas to major funding bodies at the Western Cape Funding Fair – the province’s own “Dragon’s Den”. The deadline for...
Updated 4 hours ago National carrier South African Airways (SAA) is deploying a locally developed satellite payment system, which is also able to track the aircraft anywhere in the world, across its fleet of airliners. The system, developed by satellite authentication company SatAuth,...
Updated 4 hours ago Financial services provider Stanlib aims to channel the bulk of a R1.2-billion infrastructure equity fund into some of the infrastructure projects under way in South Africa, with a particular focus on renewable energy. Stanlib on Tuesday said the fund, which would...
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
This Week's Magazine
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...