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Apr 29, 2016
Real Economy News
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One of the key messages to emerge ahead of the review of South Africa’s sovereign credit rating is that the country needs to outline the practical actions it will take to reignite growth, which has more or less petered out in recent years, with few expecting the...
Much attention has been paid – appropriately so – to the circumstances that led to Optimum Coal Holdings becoming an asset of Tegeta Exploration and Resources; a company that is closely associated with the Gupta family’s Oakbay Investments. Glencore, the mine’s...
 


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The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
DOROS HADJIZENONOS The 700-series devices provide network security monitoring, app control, URL filtering, VPN security, antivirus, antispam, antibot, and advanced intrusion prevention and detection functionality
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
TESTING THE WATERS The project entails drilling a 3.5 km vertical borehole in the Beaufort West area to gather information on the deep Karoo Supergroup stratigraphy and hydrogeology
South Africa’s groundwater resources play a significant role in the domestic water supply and are often the sole source of water available to local municipalities and farmers in the arid Karoo basin. The possible existence of large reserves of shale gas within the...
TREVOR COETZEE An integrated cybersecurity system allows for the automated remediation and correlation of low-risk security events
The increasingly open nature of corporate networks and the commensurate increase in cyberattack vectors require improved collaboration and threat intelligence sharing, as well as broad, automated security systems that can winkle out and neutralise smaller threats and...
PORTABLE HARDNESS TESTER The Kompakt Brinell Portable offers hassle-free operation, with improved accuracy and faster cycles
Centurion-based testing-device manufacturer Anjo Hardness Testers launched its portable hardness tester the Kompakt Brinell Portable last month. It is cheaper than and offers several advancements, compared with competitor products (all of which are imported) offered...
 
Major US aerospace and defence group Lockheed Martin believes that the ability of its C-130J Super Hercules military airlifter to be reconfigured for other missions by use of palletised roll-on roll-off systems opens the way to significant South African industrial...
The memorandum of understanding (MoU) for institutionalising cooperation in radio astronomy between South Africa and the other Square Kilometre Array (SKA) African partner countries was approved at the recent Third SKA African Partner Countries Ministerial Meeting,...
 
 
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South Africa’s programme to acquire a number of new nuclear power plants (NPPs) seems to be suffering from yet another delay. The Requests for Proposals to the various groups interested in constructing these new NPPs that were apparently meant to have been issued on...
I have been watching the performance of various national sports teams and it is an interesting exercise to contemplate what makes a winning team. I am of the opinion that it is virtually entirely psychology.
  I have an acquaintance in Cape Town who runs a business. The other day at a meeting he said something particularly rude and noticing the silence around him he said: “I am in business to make money, not friends.” We very often are told by way of advertising that...
Have you ever wondered why anyone would want to invest in South Africa? The economic reasoning for such a decision, that is. In recent weeks, I have been asking myself this question with increased regularity.  On April 13, I decided to employ Google to see the...
 
 
Regulars
This week we feature Willem Frederick Ludwick,mGM of BEKA Schreder, a designer and manufacturer of light-emitting diode and conventional luminaires, as well as glass-fibre-reinforced polyester poles.
The steel industry globally is in crisis. There is a glut of material, exports from countries such as China have surged, placing strain on steel industries in many other parts of the world. South Africa has already seen the closure of Highveld Steel and Vanadium, as...
With the International Monetary Fund and the World Bank confirming that international economic developments are unlikely to be supportive of growth in countries such as South Africa, more and more attention is going to have to be giving to reigniting domestic sources...
 
 
 
 
 
 
 
 
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