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Latest News

SA company fits out scientific barge

30th April 2004 A specialist scientific research barge is currently being fitted out by a South African company, before it is launched on Lake Malawi later this year. 

Cape Town nominated for global IT award

30th April 2004 A US organisation, Computer World, has named the City of Cape Town a finalist in this year's Computer World Honors Program. 

Afrox’s earnings surge 21% in tough market

30th April 2004 Gases and industrial welding equipment group African Oxygen (Afrox) reported solid results for the six months to March 31, with an increase in net profit of 21%, to R305-million, and headline earnings per share up 15%, despite difficult market conditions. 

Amended Gautrain record of decision issued

By: jenny furness     30th April 2004 The Gauteng Department of Agriculture, Conservation, Environment and Land Affairs has released an amended record of decision following an environmental impact assessment for the proposed Gautrain Rapid Rail Link project. 

US names SA latest ‘market of the month’

29th April 2004 South Africa has been picked the ‘market of the month’ by the US Department of Commerce to highlight the wide range of business opportunities available here. 

Truck manufacturer appoints new head

29th April 2004 The South African arm of German truck and bus manufacturer MAN has appointed Adolf Moosbauer as managing director with immediate effect. 

Africa is world's fastest growing mobile market

29th April 2004 Africa has been identified as the world’s fastest growing mobile market. Mobile subscriber numbers in Africa have increased by over 1000% between 1998 and 2003 to reach 51,8-million. 

Namibian clean-energy project handed over to locals

29th April 2004 The Renewable Energy and Energy Efficiency Capacity Building in Namibia Project was officially handed-over to Namibian stakeholders last week. 

Big radiocommunication conference next month

29th April 2004 The International Telecommunications Union (ITU) will be convening the Regional Radiocommunication Conference from May 10 to 28. 

Mbeki announces business-like executive

By: Terence Creamer     29th April 2004 South African President Thabo Mbeki yesterday unveiled a business-like Cabinet in line with the tone of his election campaign and his inauguration speech. 

Group Five Pipe awarded R10m contracts

29th April 2004 Pipes valued at more than R10-million and weighing over 1 500 t were recently manufactured by Group Five Pipe, in Meyerton, to fulfil a variety of contracts in Gauteng. 

Spescom in $1m Las Vegas deal

29th April 2004 The US arm of JSE Securities Exchange-listed Spescom announced yesterday that the City of Las Vegas, in Nevada, US, would purchase an eB-platform enterprise license valued at about $1-million. 

Reunert in talks on CS Holdings acquisition

29th April 2004 JSE Securities Exchange-listed company Reunert has entered into discussions regarding a potential offer for the shares in or all the assets and liabilities of CS Computer Services Holdings (CSH), for an effective cash consideration of 35 cents per CSH share. 

Coega launches best-of-breed contact centre

29th April 2004 The development of the Coega Industrial Development Zone (IDZ) has taken another step forward with the opening of a contact centre which employs best-of-breed technology to improve interactions with all stakeholders of the zone’s developers, the Coega Development Corporation (CDC). 

DTI bids farewell to Alec Erwin

29th April 2004 The Director-General of the Department of Trade and Industry (DTI), Dr Alistair Ruiters, extended a thank you on behalf of the economic citizens of South Africa to former Minister of Trade and Industry Alec Erwin and Deputy Minister Lindiwe Hendricks for their many successes during their tenures... 

SA inflation lower in March

29th April 2004 The annual percentage change in the consumer price index excluding interest rates on mortgage bonds (CPIX) came in at 4,4% in March 2004. 

France hails Nepad

29th April 2004 French Foreign Affairs Minister Michel Barnier has hailed the New Partnership for Africa's Development (Nepad) intentions to bring development and stability in the continent. 

WTO rules against US on cotton subsidies

28th April 2004 Brazil won a preliminary ruling at the World Trade Organization on Monday night that could force the US to lower the subsidies it pays farmers to grow cotton and, eventually, most subsidized crops, The New York Times reported. 

Workers call for workplace safety

28th April 2004 Today is World Day for Safety & Health at Work and International Commemoration Day for Dead and Injured Workers, which are intended to focus international attention on promoting and creating a safety and health culture at work and to help reduce the number of occupational-related fatalities,... 

Welding group forecasts global upturn

27th April 2004 The first quarter of 2004 saw record sales for UK-based weld-purging and welding accessories company, Huntingdon Fusion Techniques (HFT), which it claims could indicate a global upturn. The results follow on from a year in which the company’s sales grew at the fastest rate since the 1980s. 

Consumer demand behind cement-sales boom

By: Martin Czernowalow     27th April 2004 The South African domestic cement sales market is booming, driven mainly by the residential development sector, buoyed by interest rate cuts. 

US consortium eyes nuclear power plant development

27th April 2004 Amid growing signs of interest in building nuclear power plants, a consortium of companies plans to ask the US federal government for $400-million to help prepare an application to build a reactor, the New York Times reported. 

Big crusher relocation project completed

27th April 2004 A 480 t primary gyratory crusher installed at Debswana Diamond Company’s Jwaneng diamond-mine in Botswana, has been successfully removed and re-installed following refurbishment. 

Illegal-software moratorium extended

27th April 2004 The Business Software Alliance (BSA) announced yesterday that it would extend its so-called ‘90-Day Truce’ – which allows companies to review their software and acquire any additional licenses needed to operate legally without facing penalties – until May 31. 

Services Seta awards first three-star rating

27th April 2004 Risk-management company Irca is the first organisation to be awarded all three stars under the Services Seta's far-reaching 3 Star Grading System. 

Work begins on R250m Lenasia mall

27th April 2004 Construction has started on the long-awaited Trade Route Shopping Centre in Lenasia, Gauteng. 

South Africa's import parity pricing war

By: Martin Zhuwakinyu     26th April 2004 Labour and sections of industry are livid. But the Competition Commission insists that import parity pricing (IPP) is not necessarily anticompetitive and has advised the government against imposing a blanket ban on the practice. 

R3,8bn development planned for Boschendal

26th April 2004 The full extent of the new owner’s ambitious development plans for the 2 240 ha Boschendal Estate has not, as yet, been grasped by the general public, said CEO Clive Venning and Graham Johnson, managing director of the Boschendal Property Development Company. 

Ninham Shand appoints new director

26th April 2004 Consulting engineering firm Ninham Shand last week announced the appointment of Nolulamo Nobambiswano (Lulu) Gwagwa as a nonexecutive director of the board. 

ABB wins R30m Sasol switchgear contract

26th April 2004 The medium-voltage division of ABB Power Technology has won a R30-million infrastructure development contract from energy group Sasol to supply and install switchgear for two substations that will provide power for, among other operations, the natural gas processing plant in Sasolburg, in the... 

WTO membership rises to 147

26th April 2004 The World Trade Organisation’s (WTO) membership rose to 147, with the inclusion of the the Kingdom of Nepal on April 23. 

‘Crucial time for WTO trade talks’

26th April 2004 World Trade Organisation (WTO) director-general Dr Supachai Panitchpakdi told the 12th meeting of the Trade Negotiation Committee last week that he believed the coming days and weeks are critical for the Doha Development Agenda and, to some extent, for the multilateral trading system. 

BMW’s focus is on hydrogen combustion engine

26th April 2004 In the long term, hydrogen is still reckoned to be the fuel with the greatest potential for safeguarding mobility in the future, German carmaker BMW said last week at the Vienna Motor Symposium. 

EU makes progress on farm-support plan - report

26th April 2004 European governments agreed on a package of farm-subsidy changes on cotton and other crops, which won cautious approval from developing countries that hoped the measures could give a lift to global trade talks, reports The Wall Street Journal Europe. 

Stainless-steel body seeks opportunites in Middle East

23rd April 2004 The South African Stainless-Steel Development Association’s (Sassda) Stainless-Steel Cooperative Development Initiative (SSCDI) is spearheading a drive to open up Middle East markets to local manufacturers. 

MEC responds to power failures in Brakpan

23rd April 2004 Steps are being taken to attend to continual power failures in the Brakpan area, in the Ekurhuleni Metro Municipality, Gauteng development planning and local government MEC Trevor Fowler said. 

‘Africa is one of world’s brightest oil prospects’

23rd April 2004 Africa represents one of the world’s brightest prospects as a source for new oil and gas, George Kirkland, president of ChevronTexaco Overseas Petroleum, told a recent Washington think tank meeting on US energy and security interests in Africa. 

SA to host stainless-steel conference in June

23rd April 2004 South Africa’s mineral and metallurgical technology specialist Mintek, in association with the Southern Africa Stainless-Steel Development Association, and Heinz H Pariser Market Research, are organising a conference and exhibition on chromium-manganese stainless-steels, to be held in... 

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