From Creamer Media in Johannesburg, this is the Real Economy Report. As an extension of its range of specialised transport solutions, Barloworld Transport launched Barloworld Cranes on March 11, noting that it was another step towards investing in niche products and services, Zandile Mavuso has the story.

Zandile Mavuso:
As part of its long-term goal to provide transport solutions across various sectors, Barloworld Transport has launched its new cranes division which Barloworld Transport CEO Neil Henderson believes will add value to the company’s business strategy.

Barloworld Transport CEO Neil Henderson

Zandile Mavuso:
Having identified the growing need for dedicated transport and lifting services, Barloworld Cranes MD Rebone Motsatsi says the division will be targeting new markets to cater to.

Barloworld Cranes MD Rebone Motsatsi

Zandile Mavuso:
Showing confidence in the value and turnkey solution the new division will have on the new markets, Motsatsi shares with us what the vision behind Barloword Cranes is and how it will be beneficial for different sectors.

Rebone Motsatsi

Shannon de Ryhove:
Leading international airline Emirates is also a major cargo operation and had a significant presence at the recent Air Cargo Africa 2015 exhibition. Keith Campbell reports.

Keith Campbell:
Emirates’ Senior Vice President for Cargo Revenue Optimisation and Systems is Pradeep Kumar. I asked him about his company’s air cargo operations and Africa’s place in its strategy.

Emirates’ Senior Vice President for Cargo Revenue Optimisation and Systems Pradeep Kumar

Shannon de Ryhove:
Other news making headlines this week: Hyundai starts a local H100 assembly line; And, youth unemployment might remarginalise Africa.

Hyundai Automotive South Africa has started rolling the 1.3 ton H100 light commercial vehicle off the newly established production line at the Commercial Vehicles Division’s assembly plant in Benoni, Gauteng.

Hyundai Automotive South Africa marketing director Stanley Anderson

There are three key challenges impeding infrastructure development and economic growth in Africa, including government policies, the continent’s position on global competitiveness and a high level of youth unemployment.

Nepad Planning and Coordinating Agency CEO Ibrahim Mayaki

Shannon de Ryhove:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.