Jun 02, 2010
Weekly podcast – June 2, 2010Back
Johannesburg|Lagos|Natal|Africa|BHP Billiton|Eskom|Flow|Industrial|PROJECT|Projects|Road|Roads|SEW Eurodrive|SEW-Eurodrive|South African National Roads Agency Limited|Volkswagen|Witbank|Africa|Mozambique|Namibia|Nigeria|South Africa|ZAR|Gillooly's Interchange|South Africa Manufacturing Plant|Drive Technology|Flow|Manufacturing|Richards Bay|Power|Rail|Eastern Cape|The 2010 FIFA World Cup|Drive Technology
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Wednesday, June 2, 2010.
From Creamer Media in Johannesburg, I'm Brindaveni Naidoo.
Making headlines this week:
The new east-to-north directional flyover at the Gillooly's interchange was opened to traffic on Tuesday, June 1, 2010. The project was one of the highest-visibility and most technical projects within the larger 20-billion-rand Gauteng Freeway Improvement Project.
The development affects OR Tambo International Airport-related traffic and has been completed in time for the start of the 2010 FIFA World Cup, which kicks off on June 11 and will continue until July 11.
The South African National Roads Agency Limited said that the 250-metre ramp offered road users who are travelling from Emalahleni (Witbank) in the direction of the Buccleuch interchange a dedicated facility that would improve the traffic flow on the N12.
However, Sanral has cautioned that the incrementally launched bridge had changed the layout and functioning of the interchange. It has urged road users to reduce their speed to 60 kilometers an hour while on the ramp so as to familiarise themselves with the changes.
The utility said that the negotiated price agreement, or NPA, with Skorpion represented only a small portion of its supply to the larger Anglo group, which was one of its largest customers. It was also only a small proportion of the NPAs that were regarded as onerous.
Earlier in the week, Eskom and BHP Billiton announced that they had amended a supply contract for the Mozal aluminium smelter, in Mozambique, and that discussions were continuing on amending the supply agreements for the South African smelters, which are located in Richards Bay, Kwazulu-Natal.
The Volkswagen of South Africa manufacturing plant, in Uitenhage, in the Eastern Cape, is the sole producer of the new CrossPolo for all right-hand and left-hand drive markets globally.
It is expected that about 12 000 CrossPolos will be produced at the plant in 2010. Pricing of the CrossPolo starts at R198 000.
A Chinese company will build the 1-billion-dollar-plus Lagos rail line, in Nigeria.
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
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....
It has been over six years since the government began developing the draft policy on intellectual property (IP) that has been the focus of major public controversy following the PharmaGate scandal, which involved a leaked pharmaceutical industry email by Knowledge...
Updated 1 hour 34 minutes ago The Central Energy Fund (CEF) has backtracked on its decision to appoint Tshepo Kgadima as a director and chairperson of national oil company PetroSA following the public “controversy” dogging the new appointee. Nonhlanhla Jiyane had now been appointed as interim...
Updated 2 hours 10 minutes ago South Africa’s Finance Minister Nhlanhla Nene has emphasised the role of the private sector in delivering the 51 Programme for Infrastructure Development in Africa (Pida) projects, collectively valued at $68-billion, being prioritised for implementation by 2020....
Updated 2 hours 24 minutes ago This year, 82 companies met the JSE’s Socially Responsible Index (SRI) requirements relating to environmental, social and governance (ESG) policies and management practices, compared with only 72 companies in 2013, as companies become more aware of how they...
Recent Research Reports
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...
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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...
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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.
Real Economy Insight: Construction 2014 (PDF Report)
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Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.