From Creamer Media in Johannesburg, this is the Real Economy Report. At the recent African Aerospace and Defence exhibition, two South African armoured and mine-protected vehicle companies publicly launched new vehicles. Keith Campbell reports.
Keith Campbell:
The two companies were BAE Systems Land Systems South Africa and DCD Protected Mobility. BAE Systems Land Systems South Africa was the first off the mark, revealing its RG21 mine-protected vehicle. Company Business Development Director Natasha Pheiffer tells us about its competitive features.
BAE Systems Land Systems South Africa Business Development Director Natasha Pheiffer
Keith Campbell:
DCD Protected Mobility’s new vehicle is a multirole utility truck, the Oribi. Company General Manager Andrew Mears explains why they developed it.
DCD Protected Mobility GM Andrew Mears
Shannon de Ryhove:
Other news making headlines this week: Coal of Africa Limited outlines a $400-million import-substituting Limpopo coal project; And a pumps and mixers manufacturer expands into the North American market.
Triple-listed coal junior Coal of Africa Limited CEO David Brown has outlined a self-funded $400-million import-substituting hard coking coal project that is scheduled to begin production at Makhado, in Limpopo province, in 2018.
CoAL CEO David Brown
South African mixing equipment and peristaltic pumps manufacturer Afromix has established a sales and aftermarket service division in Vancouver, Canada, that trades as AFX Mixing & Pumping Technologies to better service the North American markets. Ilan Solomons reports.
Afromix MD Eugene Els
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.