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MTN CEO Phuthuma Nhleko
Picture by: Duane Daws
MTN CEO Phuthuma Nhleko

TELECOMS

MTN posts lower FY profit, users up 28%

Updated 1 hour 28 minutes ago
By: Reuters
Published: 11th March 2010, 09:13
MTN, Africa's biggest mobile operator by subscribers, posted lower 2009 profit despite its new customers increasing by 28% to 116-million. The country's second-biggest mobile phone operator said on Thursday adjusted headline earnings per share for the year to end-December dropped by 16,6% to 754,3 c. Full Article
 

GAUTRAIN

Laduma for Gautrain as service is set to kick off on June 8

Phase one of the Gautrain rapid-rail link, stretching from OR Tambo International Airport to Sandton station, will be ready for the 2010 FIFA World Cup, says... Full Article
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CORPORATE DISPUTE

SA confirms Sishen right has reverted to the State

The Department of Mineral Resources (DMR) has confirmed to Engineering News Online that the 21,4% undivided share that ArcelorMittal South Africa had... Full Article
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OIL

Oil slips below $82; OPEC expected to maintain output

Updated 2 hours 2 minutes ago
Oil fell below $82 on Thursday pulling prices from an eight-week high a day ago on expectations that OPEC members would keep pumping crude above quotas in... Full Article

AUTOMOTIVE SECTOR

Auto industry saved by the export bell – KPMG

To a large extent, government incentives had saved the South African automotive industry from a far worse collapse than what was eventually seen in 2009,... Full Article
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FREIGHT LOGISTICS

Transnet officially sanctions R93,4bn capex plan, outlines role for private sector

State-owned transport utility Transnet has officially approved an enlarged five-year capital investment plan, which should see it investing some... Full Article
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CLIMATE CHANGE

African universities should step up climate research – Sonjica

It was essential to strengthen the capacity of African universities to embrace and be involved in global climate change research, Water and... Full Article

INFLATION

SA has some leeway on inflation – Strauss-Kahn

South Africa's government is right to set inflation targets but has leeway for some flexibility as the country looks to emerge from recession,... Full Article

RENEWABLE ENERGY

IDC takes stake in Kenya wind project

Kenya's Lake Turkana Wind Power (LTWP) said on Wednesday it will offload a 70% stake in its wind energy project to South Africa's Industrial Development... Full Article

Latest Videos

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KPMG African Automotive Practice director Gavin Maile speaks about the automotive industry (10/03/2010) Camerawork: Nicholas Boyd; Editing: Darlene Creamer
KPMG African...
Daimler Buses sales, service and parts executive MD Holger Suffel explains why MBSA is expanding its bus market (09/03/10) Cameraperson Nicholas Boyd; editing Darlene Creamer
Daimler Buses...
Sasol CEO Pat Davies in conversation with Creamer Media's Martin Creamer on the R12-billion Secunda expansion and the group's capex pipeline. Camera Work: Nicholas Boyd. Editing: Darlene Creamer. (8/3/2010)
Sasol CEO Pat...
 
 
 
To a large extent, government incentives had saved the South African automotive... Full Article
Mercedes-Benz South Africa (MBSA) will expand its bus sales region to include all... Full Article
The board at petrochemicals group Sasol has approved the R12,1-billion first phase... Full Article
 

Real Economy Report

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We look at the importance of the Sumbandila satellite for South Africa; We speak to the head of Evraz's international operations about the... More
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Second Take

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Kumba Iron Ore moves to cancel a preferential iron-ore supply deal with ArcelorMittal South Africa. More
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Daily Podcast

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Transnet confirms a R2,75-billion rise in pipeline cost as well as a year delay; and devaluing the rand would be a "very short-sighted" move for... More
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SAfm RADIO SHOW

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South Africa could be getting 10% of its drinking water from the sea in the future; big business is promoting a growth vision that involves a... More
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Real Economy Report

Video
RER 98
Multimedia Available11 Mar 10

Real Economy Report

We look at the importance of the Sumbandila satellite for South Africa; We speak to the head of Evraz's international operations about the company's plans to firmly align Highveld Steel & Vanadium to the infrastructure market; And, Information and Communications Technology company GijimaAST starts to reduce the carbon footprint at its head office.
Video
RER 97
Multimedia Available04 Mar 10

Real Economy Report

This week: the EASSy cable lands at Mtunzini beach in KwaZulu-Natal; we ask: when should South Africa order its next nuclear power station? And, the iron-ore mining industry is proving recession-proof, especially for South Africa's Kumba Iron Ore.
Video
RER 96
Multimedia Available25 Feb 10

Real Economy Report

This week we look at nuclear power as an option for South Africa; the platinum price collapsed along with the automotive market early last year, but a much-changed outlook is now lifting sentiment; and, we look at South Africa's new aviation exhibition.
Video
RER 95
Multimedia Available18 Feb 10

Real Economy Report

Flying unmanned aircraft in civil air space; the head of South Africa's largest steel producer on the group's power generation plans; and gold producer Great Basin Gold eyes the mid-tier horizon.
Video
RER 94
Multimedia Available11 Feb 10

Real Economy Report

Top stories this week: diamond giant De Beers opens the Diamond Route in South Africa; the first black jeweller from the South African jewellery development projects opens his own retail shop; nd, how to enhance maths and science teaching skills through an e-learning computer-aided design course.
 

Videoclips

Video
KPMG African...
Multimedia Available10 Mar 10

Auto industry saved by the export bell – KPMG

To a large extent, government incentives had saved the South African automotive industry from a far worse collapse than what was eventually seen in 2009, said KPMG Africa automotive practice director Gavin Maile on Wednesday. KPMG released its annual global automotive executive survey in Johannesburg. Maile said the local industry, which saw hundreds of dealerships close, significant lay-staff offs as well as shortened production weeks in 2009, would have suffered worse losses had it not been for component and vehicle on exports, as incentivised by government’s Motor Industry Development Programme.
Video
Daimler Buses...
Multimedia Available09 Mar 10

Mercedes-Benz SA to built buses for Africa

Mercedes-Benz South Africa (MBSA) will expand its bus sales region to include all right-hand drive markets in Southern Africa, including Zimbabwe, Zambia, Mozambique, Malawi, Namibia, Botswana, Swaziland, Lesotho, Mauritius, as well as Tanzania, Kenya and Uganda. The means that where buses were previously procured and looked after from Brazil and Germany, they will now be assembled by the MBSA bus plant, in East-London, with sales and service support to flow from South Africa, says MBSA bus and coach divisional manager Jan Aichinger.
Video
Sasol CEO Pat...
Multimedia Available08 Mar 10

Sasol's capex ticks up as R12bn Secunda expansion is approved

The board at petrochemicals group Sasol has approved the R12,1-billion first phase of the much-anticipated Secunda expansion project, which has been designed to increase liquid fuels and electricity capacity at the world's largest coal-to-liquids (CTL) complex by around 5%. CEO Pat Davies told Engineering News Online that the last of the additional capacity would come into the system during 2013, with the board having approved the project on March 5, 2010.
Video
Sasol CEO Pat...
Multimedia Available08 Mar 10

Sasol to make investment call this year on $10bn China CTL project

Energy and chemicals group Sasol would make an investment decision on what could be a $10-billion coal-to-liquids (CTL) project in China during the 2010 calendar year, CEO Pat Davies reported on Monday. The project, which had been reconfigured from an 80 000 bbl/d plant to 90 000 bbl/d, would be the JSE-listed group's first CTL investment outside South Africa, where the technology is used to produce about 40% of the country's fuel.
Video
The landing of the...
Multimedia Available05 Mar 10

Airbus A380 superjumbo lands at OR Tambo Airport

In what has been described as groundbreaking way of traveling from South Africa to Europe, Air France-KLM became the first carrier to bring the Airbus A380 to Africa, which it believes proves its commitment and historical links to the continent.
 

Company Profiles

 

Daily Podcast

Video
poden_10032010
Multimedia Available10 Mar 10

Daily podcast – March 10, 2010

Transnet confirms a R2,75-billion rise in pipeline cost as well as a year delay; and devaluing the rand would be a "very short-sighted" move for South Africa to make.
Video
poden_09032010
Multimedia Available09 Mar 10

Daily podcast – March 9, 2010

Sasol will make an investment decision on a $10-billion coal-to-liquids project in China during the 2010 calendar year; and the IMF is working on the idea of a green fund to mitigate the impacts of climate change on developing economies.
Video
poden_08032010
Multimedia Available08 Mar 10

Daily podcast – March 8, 2010

Zambia has chosen Glencore Energy as the preferred bidder to supply 1,4-million tons of petroleum feedstock over two years; and, by 2055, the Gauteng province will reduce its overall energy consumption by 18%.
Video
poden_05032010
Multimedia Available05 Mar 10

Daily podcast – March 5, 2010

President Jacob Zuma says that the prospects for South Africa's economic recovery are promising; and Transnet applies to Nersa for a pipeline network revenue increase.
Video
poden_04032010
Multimedia Available04 Mar 10

Daily podcast – March 4, 2010

ArcelorMittal South Africa announces a dispute resolution process to resolve a matter between it and Kumba Iron Ore; and Sanral raises a further R837-million.
 

SAfm Show

Video
podsafm_05032010
Multimedia Available05 Mar 10

05/03/2010 (On-The-Air)

South Africa could be getting 10% of its drinking water from the sea in the future; big business is promoting a growth vision that involves a doubling of the South African economy; Another mining summit will take place in South Africa this month, against the background of strident calls for mine nationalisation.
Video
podsafm_26022010
Multimedia Available26 Feb 10

25/02/2010 (On-The-Air)

The Department of Science and Technology looking in to bringing back South Africa's space rocket launching capability; air traffic tracking system and South Africa one of the first countries in the world to introduce this new state-of-the-art tracking system at its airport; South African Army embarking on a programme of bridge building in the poor areas of the Eastern Cape.
Video
podsafm_19022010
Multimedia Available19 Feb 10

19/02/2010 (On-The-Air)

The South African government is to invest in the local satellite manufacturing business; the Russians are keen to cooperate with South Africa in the field of unmanned aircraft technology; Engineering is poised to emerge as the profession of the next decade, if not the next century.
Video
podsafm_13022010
Multimedia Available12 Feb 10

12/02/2010 (On-The-Air)

Continuous 7-day-week round-the-clock mining has been introduced at South Africa's newest gold mine; South Africans are building what is destined to be the DRC's biggest gold mine; South Africa's newest coal mine has come in hundreds of millions of rands below budget.
Video
podsafm_05022010
Multimedia Available05 Feb 10

05/02/2010 (On-The-Air)

The world's biggest mining companies gathered in South Africa this week to launch a new fight against poverty in Africa; the State seems to be throwing in the towel in Zimbabwe. They are calling on the private sector to run the railways there; Transnet rail introducing Project Quantum Leap to boost South Africa's coal exports.
 
 
 
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Desalination could comprise up to 10% of South Africa’s urban water supply mix by 2030

The National Water Resource Strategy, the official blueprint on which the government has based its management approach to water, has identified a number of regions that could be in significant water deficit by 2025 if measures are not implemented to prevent this. In some of those instances, desalination is seen as a... Full Article

News this Week

African development financier pledges more support for renewable-energy projects

As climate change and carbon emission mitigation remains at the top of the political, economic... Full Article

Commercialisation of South African electric car 
a key industrial aspiration

The commercialisation of “South Africa’s electric vehicle” (EV) has been announced as a key... Full Article

Contract placed for Uganda oil refinery study

Global engineering company Foster Wheeler AG has been contracted to undertake a feasibility study... Full Article
 

Features

Business Leader

Kgabo Badimo
Full Name: Kgabo H Badimo Position: MD of Spescom DataVoice Main Activity of the Company: Informa... Full Article
 
 

Editorial Insight

Three positives from unhappy Nersa ruling
While there is naturally much disappointment about the fact that the National Energy Regulator of South Africa (Nersa) granted... Full Article
Terence Creamer

Editorial & Opinion

Big business wants ‘Vision 2040’ to be new rallying cry
Big business in South Africa has initiated a campaign, loosely dubbed ‘Vision 2040’, which... Full Article
 

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Every year , the IVAM Microtechnology Network conducts a... Full Article
 
 
Statistics South Africa reported on February 23 that real... Full Article
 
 
When considering the vast opportunities for renewable-energy... Full Article
 
 
 
The paradox is simply: the lesser of a thing, the more there... Full Article
 
 
A ‘tenderpreneur’ in this country is a person who has made... Full Article
 
 
On February 18, the Minister of Trade and Industry, Dr Rob... Full Article
 
 
 
The 2010 soccer World Cup, to be held in South Africa from... Full Article
 
 
“With great power comes great responsibility” is one of... Full Article
 
 
Column on using the SA Army to undertake infrastructural... Full Article
 
 
Amid all the public debate and rancour about labour broking,... Full Article
 
 
Telemedicine facilitates communication between family... Full Article
 
 
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