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Natasha Odendaal

Natasha Odendaal

Natasha Odendaal is Creamer Media Senior Deputy Editor for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Minister explains why Telkom/KT Corp deal was denied

5th June 2012 The R2.6-billion that South Korean firm KT Corp offered for a 20% stake in communications group Telkom was not enough to support the JSE-listed company, Communications Minister Dina Pule said on Tuesday. Last week, Cabinet said it did not support the potential strategic deal between the parties,... 

Telecoms still only scratching the surface on infrastructure – MTN

5th June 2012 Infrastructure investments of between R150-billion and R200-billion were required to develop infrastructure to fulfil Africa’s broadband ambitions, said telecommunications group MTN South Africa MD Karl Pienaar. To date, the private sector has rolled out 90% of the infrastructure required to... 

Big growth seen in mobile Internet users by 2020

4th June 2012 Over 500-million of the forecast 3-billion new global mobile Internet users could come from Africa by 2020, but the continent should position itself to successfully contribute to this growth, said Delta Partners MD Andrew Snead on Monday. Speaking at the inaugural ICT Indaba, in Cape Town, he... 

E-logistics testing real-time demand planning solution

4th June 2012 South Africa was taking the first step in following international demand planning trends with the testing of One Networks Enterprises' comprehensive real-time demand planning solutions. Imperial Logistics' applications solutions subsidiary E-logics MD Johan van der Westhuizen said that the last... 

20-member panel to review SA’s ICT policy

4th June 2012 The Department of Communications is in the process of establishing an information and communications technology (ICT) review panel to examine the current ICT policy landscape and contribute to the development of an integrated national ICT policy. The review panel, which would comprise 20 experts... 

African Rainbow Minerals restructures board

1st June 2012 JSE-listed African Rainbow Minerals (ARM) on Friday announced that as of June 1, the group would reduce the number of executive directors serving on the board from eight, to five. The company said that it would retain the former executive directors as full-time executives within the company. 

Trans Hex back in black with R208m profit

1st June 2012 JSE-listed Trans Hex on Friday reported achieving net profit of R208.3-million for the year ended March 2012, returning to profitability after a R45.1-million loss the year before. Headline earnings a share increased to 195.5c, compared with a loss of 43.5c in 2011. 

DMR approves Village’s Cons Murch acquisition

1st June 2012 JSE-listed Village Main’s acquisition of antimony gold mine Consolidated Murchison (Cons Murch) has been approved by the Department of Mineral Resources. The Section 11 approval was the last remaining condition for the acquisition, Village Main joint CEO Marius Saaiman said on Friday.  

Intelsat sends off second satellite for 2012

1st June 2012 Satellite services group Intelsat successfully launched the second of five satellites planned for 2012, the company announced on Friday. The Intelsat 19 satellite was launched from a mobile launch platform in the Pacific Ocean, by a Sea Launch Zenit 3SL launch vehicle at 1:23 Eastern Daylight... 

PMI stabilises but Kagiso warns of potential slowdown

1st June 2012 South Africa’s seasonally adjusted Kagiso Purchasing Managers Index (PMI) stabilised during May with 53.6 points recorded, compared with 53.7 points in the prior month, Kagiso Asset Management said on Friday. However, key underlying developments recorded in several main PMI subcomponents during... 

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