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ArcelorMittal still bullish on domestic demand despite power worries 

By: Olivia Soraya Spadavecchia     22nd February 2008 Steel giant ArcelorMittal South Africa CEO Rick Reato said last week that the outlook for domestic demand remains “very bullish” going forward into 2008 and that the company expected an equilibrium between supply and demand. 

Power utility looks to minimise negative impact on wildlife 

By: Brindaveni Naidoo     22nd February 2008 State-owned power utility Eskom launched a research project aimed at preventing vultures and other birds from being electrocuted on power lines at Skeerpoort, in the Hartebeespoort Dam in the North West province. 

SA Defence Electronics Company Fills Gap In World Markets 

By: Keith Campbell     22nd February 2008 Specialist South African radar and related systems company Reutech Radar Systems (RRS) hopes to be able to win export orders for its new RSR 900 StealthRad family of radars in the near future. 

Eskom says in talks with govt over details of R60bn loan 

By: Olivia Soraya Spadavecchia     21st February 2008 State-owned power utility Eskom said on Thursday said that it would be engaging with government over the next few days on the details of the R60-billion worth of financial support offered in the National Budget. CE Jacob Maroga praised the State's speed in countering the current crisis... 

Electrical institute's head calls for more ‘holistic' response to power crisis 

By: Terence Creamer     19th February 2008 The president of the South African Institute of Electrical Engineers (SAiEE), Ian McKechnie, has appealed for a more "holistic" response to the current electricity emergency and the evolving response plans. Speaking exclusively with Engineering News on the sidelines of a SAiEE function... 

SA will need yet another coal-fired station to fill gap ahead of nuclear's introduction - Eskom 

By: Terence Creamer     19th February 2008 State-owned power utility Eskom would need to develop a third new coal-fired power station in South Africa beyond the 12 units, or 8 766 MW, to be built at Medupi, in Limpopo, and at ‘Project Bravo', in Mpumalanga, in order to fill an expected base-load gap that would arise before the... 

Construction firm eyes bigger slice of power projects market  

By: Olivia Soraya Spadavecchia     18th February 2008 Construction firm Group Five CEO Mike Upton said on Monday that there would be "fairly significant" opportunities for the company in the development of small to medium gas or diesel-fired power plants that could counteract the current power supply shortages. When asked about what growth... 

Gauteng aims for greater predictability and incentives in rationing schemes 

By: Guy Copans     15th February 2008 Gauteng Local Government MEC Qedani Dorothy Mahlangu says that the provincial government is trying to respond to the electricity crisis gripping Gauteng by ensuring that stakeholders, including municipalities, civil society and citizens, in general, change their mindset and behaviour by... 

Eskom vets 45Mt emergency coal procurement plan 

By: Terence Creamer     14th February 2008 State power utility Eskom announced on Thursday that it was going to procure an additional 45-million tons of emergency coal over the next two years to increase stockpiles at its power stations to at least 20 days. These purchases were also likely to come in at vastly improved prices when... 

ArcelorMittal still bullish on domestic demand despite power worries  

By: Olivia Soraya Spadavecchia     13th February 2008 Steel giant ArcelorMittal South Africa CEO Rick Reato said that the outlook for domestic demand remained "very bullish" going forward into 2008 and that the company expected an equilibrium between supply and demand. He noted that the positive outlook on future demand formed the basis... 

Deloitte wants Treasury to introduce alternative energy incentives in upcoming budget 

By: Olivia Soraya Spadavecchia     12th February 2008 Financial services firm Deloitte director for tax Duane Newman said in a pre-budget briefing on Tuesday that he would hope to see some incentives in the alternative energy space in the context of the current power supply crisis. Newman commented that he would like to see "support for these... 

Recapitalisation of Eskom ‘inevitable' – Erwin 

By: Terence Creamer     8th February 2008 The recapitalisation of electricity utility Eskom's balance sheet by the South African government was "inevitable", Public Enterprises Minister Alec Erwin has confirmed, adding that a decision on the matter would be made during the course of 2008. 

Gas-energy firm claims it can offer relief to domestic users 

By: Leandi Kolver     8th February 2008 Natural energy company, Go Gas says that it has the answer to the worsening energy crisis in South Africa. 

Business confidence continues downward trend, Sacci warns of recession 

By: Christy van der Merwe     6th February 2008 The business confidence index for January 2008 dipped to 93,8 points - the lowest level since October 2003, the South African Chamber of Commerce and Industry (Sacci) reported on Wednesday. Sacci economist Richard Downing said that this was probably still not capturing the full extent of... 

DME launches energy efficiency campaign 

By: Olivia Soraya Spadavecchia     5th February 2008 The Department of Minerals and Energy's national energy efficiency campaign, which forms part of the integrated national response plan to the current power crisis, was launched on Tuesday. 

State departments migrate to new R454m network 

By: Christy van der Merwe     5th February 2008 The South African government, through the State Information Technology Agency (Sita), has deployed its next-generation network (NGN), which will link government departments and replace the Government common core network (GCCN), as well as allow Sita to expand its client base and provide... 

SA engineers ready to offer growth-sustaining solutions to power crisis 

By: Terence Creamer     5th February 2008 Consulting engineers had a pivotal role to play in supporting Eskom and government in developing and deploying both the immediate demand- and supply-side responses to the prevailing electricity crisis, as well as mitigating the potential growth impacts on the economy as a whole, newly-installed... 

Hudaco reports earnings jump, sees slower growth in ‘08 

By: Christy van der Merwe     1st February 2008 Branded industrial product importer and distributor Hudaco, which released its full year results on Friday, cautioned that growth was expected to slow in 2008, owing to infrastructure constraints. 

Bravo's coal, long-lead contracts within six months - Eskom 

1st February 2008 Embattled power utility Eskom confirmed on Friday that it planned to conclude contracts for both the coal and the long-lead items for its R80-billion-plus ‘Project Bravo' coal-fired power station within the next six months and begin construction immediately thereafter. 

Ford to invest R1,5bn in SA to expand production 

By: Irma Venter     30th January 2008 Vehicle manufacturer Ford Motor Company of Southern Africa (FMCSA) will invest more than R1,5-billion in the local production of a new generation pick-up, as well as the Puma diesel engine. The investment will kick off in 2009, and will be split between the company's vehicle assembly plant... 

Govt confident power problems won't deter investment 

By: Matthew Hill     29th January 2008 Government and industry officials insisted on Tuesday that South Africa's current electricity supply catastrophe was only temporary, and that it would not deter potential future investments. 

SA moves to assure energy-heavy investors 

By: Terence Creamer     25th January 2008 The South African government stressed on Friday that its policy of seeking to attract large industrial investors had not been altered by the prevailing electricity crisis, and that Eskom, which is wholly State-owned, would honour its offtake commitments to the existing smelters, as well as to the... 

Govt outlines plan to save 3 500 MW 

By: Olivia Soraya Spadavecchia     25th January 2008 Two top government officials, the Minister of Public Enterprise Alec Erwin and Minister of Minerals and Energy Buyelwa Sonjca, on Friday acknowledged that South Africa’s current power supply situation had to be treated as a “national electricity emergency” and outlined mandatory... 

SA may invoke 'emergency measures' if coal supply does not improve 

By: Terence Creamer     25th January 2008 The South African government warned on Friday that it might invoke 'emergency measures' to safeguard the delivery of improved quality and quantities of the coal supply to power utility Eskom, indicating the current supply situation to be unsatisfactory and a key cause of... 

Truck market yet to peak, says Nissan Diesel 

By: Irma Venter     25th January 2008 While the outlook for passenger vehicle sales remains bleak over the next 12 months, truck, van and bus sellers believe they can grow the record commercial vehicle sales achieved in 2007 even further. 

Barloworld upbeat on acquisitive growth prospects 

By: Matthew Hill     24th January 2008 Newly restructured Barloworld was investigating "a couple of" potential acquisitions, and could be pouncing on one of them by the end of September, CEO Clive Thomson said on Thursday. 

WesBank launches auto indicator 

By: Olivia Soraya Spadavecchia     23rd January 2008 Financial institution WesBank on Wednesday launched its first vehicles sales confidence indicator, which is aimed at measuring current and future market activity. 

Cabinet says high-level discussions under way to tackle power crisis 

By: Christy van der Merwe     22nd January 2008 Assurances that "everything is being done at the highest level" of government, Eskom and key stakeholders to find an "inclusive solution" to South Africa's electricity problem in the short, medium, and long term, were given by government spokesperson Themba Maseko on... 

SA's credibility hinges on response to power crisis - energy-intensive investor 

By: Terence Creamer     22nd January 2008 The global head of the world's leading refractory-materials company, who was in South Africa this week to officially open a R65-million minerals-beneficiation project in KwaZulu-Natal, said he was shocked and surprised by the prevailing electricity-supply constraints, and warned that the... 

Eskom to invite more cogeneration projects, hopes to fast track some 

By: Matthew Hill     21st January 2008 Africa’s biggest power producer, State-owned Eskom, will run another round of bidding for electricity cogeneration, after having received proposals for 5 000 MW in the first bidding process, a senior official said on Monday. This amounted to about one-eighth of the utility’s current... 

SA to use Australian system as basis for green-building ratings tool 

By: Christy van der Merwe     16th January 2008 The South African property market is preparing to enter the global ‘green building' boom, and the newly established Green Building Council of South Africa (GBCSA) has set to work on developing a ratings tool for the assessment of so called green buildings. 

Nissan Diesel SA's market share a ‘good base for new product launches' 

By: Olivia Soraya Spadavecchia     15th January 2008 Vehicle manufacturer Nissan Diesel South Africa (NDSA) CEO Hiroshi Yokofujita said on Tuesday that the company had 13,4% of total market share in 2007, up 1% from the previous year, and it was looking to improve on this in 2008. 

Erbacon lists on JSE, makes R20m acquisition 

By: Olivia Soraya Spadavecchia     7th December 2007 The listing of Durban-based construction and plant-hire company Erbacon, on Friday, on the AltX was the 79th listing on the market this year. 

DBSA provides ‘hands-on' support at municipalities 

By: Christy van der Merwe     6th December 2007 The Development Bank of Southern Africa (DBSA), through the Siyenza Manje initiative, is harnessing engineering, finance, town planning, and project management skills, in order to capacitate municipalities in "challenged localities", to identify, design, and implement basic... 

Eskom setting up monitoring capacity to ensure delivery on localisation commitments 

By: Terence Creamer     23rd November 2007 State-owned electricity utility Eskom - which awarded the long awaited ‘mega’ boiler and turbine contracts for its R78,6-billion Medupi coal-fired power station to be built near Lephalale, in the Limpopo province, has confirmed that binding contractual commitments, with penalties -... 

State's low-cost housing backlog opens up buoyant market for Calgro M3 

By: Matthew Hill     16th November 2007 Affordable housing developer Calgro M3, which became 73rd company to list on the Johannesburg’s burgeoning AltX bourse on Friday, said that the South African government’s housing backlog was providing a buoyant market for the company. 

Eskom awards biggest contracts in SA's history to Hitachi and Alstom 

By: Terence Creamer     13th November 2007 State-owned electricity utility Eskom has at last awarded the long awaited 'mega' boiler and turbine contracts, worth a combined R33-billion, for its R78,6-billion Medupi coal-fired power station to be built near Lephalale, in the Limpopo province, between now and 2015. The 4 800-MW baseload... 

Govt undertakes over R400bn infrastructure capex in run-up to 2010 FIFA World Cup 

By: Guy Copans     9th November 2007 The South African government is spending around $60-billion in infrastructure, in the run-up to the 2010 FIFA World Cup, said the Department of Trade and Industry for the deputy director general for trade and investment, Iqbal Meer Sharma, at a South Africa-German Business round table in Pretoria... 

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