From Creamer Media in Johannesburg, this is the Real Economy Report. South Africa’s Denel Aviation recently inaugurated its new maintenance, repair and overhaul Centre for Russian Mil Mi-8- and Mi-17-family helicopters. Keith Campbell reports.Keith Campbell:
The new service centre is a joint initiative with Russian Helicopters, the State-owned Russian company that incorporates the world-renowned Mil and Kamov brands. Denel Aviation CEO Mike Kgobe explains the importance of this new venture to his company.

Denel Aviation CEO Mike Kgobe

Keith Campbell:
Denel Aviation will be marketing the new Centre in sub-Saharan Africa in particular. Mike Kgobe explains why.

Mike Kgobe

Shannon de Ryhove:
Other news making headlines this week: Medupi’s labour deal will be overhauled as Eskom recommits to a December start date; A new compact mobile maize-milling plant is launched; and PetroSA says a new import facility could ease dwindling gas problems.

State-owned electricity utility Eskom has agreed with labour and contractors at the strike-prone Medupi coal-fired power station project, in Lephalale, Limpopo, to renegotiated the project labour agreement, admitting the current arrangement “wasn’t working” at the site, which was closed for a ten-week stretch earlier this year owing to labour unrest.

Eskom CEO Brian Dames

Food processing plant and equipment supplier Bühler South Africa recently launched its 2 ton an hour mobile Isigayo compact mill, aimed at tackling government’s mandate of developing the small-scale milling sector and improving food security in the Southern African region.

Department of Trade and Industry acting DDG Garth Strachan

The development of a new liquefied natural gas import facility would ease the pressure on South African national oil company PetroSA’s dwindling natural gas reserves.

PetroSA CEO Nosizwe Nokwe-Macamo

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