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Latest News

Transnet seeks advisor for sale of road division

By: laurian clemence     29th July 2003 South African transport utility Transnet has invited submissions of proposal for the role of transaction advisor in the restructuring of its road-freight division, Freightdynamics. 

IDC studies big citrus project in KZN

By: laurian clemence     29th July 2003 The State-owned Industrial Development Corporation (IDC) has issued a tender calling for an environmental specialist to conduct a study into the impact of establishing a 1 000 ha citrus orchard on State-owned land in the Makhatini Flats in KwaZulu-Natal. 

BP in Angola ultra deepwater oil find

29th July 2003 Oil major BP yesterday announced it had struck oil at the Saturno field in Block 31 in ultra-deepwaters off Angola. 

Consumers name their diamonds and dogs

By: Martin Czernowalow     29th July 2003 South Africa’s Deputy Minister of Trade and Industry, Lindiwe Hendricks, yesterday announced the findings of a consumer satisfaction survey in the telecommunications and banking sectors, in Johannesburg. 

Matsepe-Cassaburri welcomes report on convergence policy

29th July 2003 Communication Minister Ivy Matsepe-Casaburri yesterday received the final report of the National Convergence Policy Colloquium from chairpersons and representatives of various related stakeholders. 

New nuclear framework to secure industry's future

By: Keith Campbell     28th July 2003 Without a doubt the South African Nuclear Energy Corporation (Necsa) is one of the country’s most strategic and valuable high-technology research and development (R&D) and industrial assets. 

Call made for WTO probe into EU sugar protection

28th July 2003 Australia, Brazil and Thailand have made a requested that the World Trade Organisation (WTO) establish a panel to probe the European Communities export subsidies on sugar on July 21, 2003. 

Energy efficiency labeling on the cards

28th July 2003 The Energy Efficiency workshop, held at the offices of the Department of Minerals and Energy in Pretoria on Friday, which formed part of National Energy Efficiency Week, said that South Africa could have its own energy efficiency label as early as autumn next year if South Africans become more... 

Engineering service contract signed

28th July 2003 Project management and engineering company Bosch Projects, a subsidiary company of the B & A Group, has signed a five-year service contract with Lucite International to provide engineering support services at Lucite’s Umbogintwini factory site. 

Technology could further boost SA auto sector

28th July 2003 If the South African automotive industry wishes to maintain its international standing it will need to turn to technology to achieve greater economies of scale, says Pierre du Plessis, executive consultant strategic solutions at Comparex Africa. 

Earthlife Africa lodges appeal against PBMR

By: Martin Czernowalow     28th July 2003 As environmentalists lodged an appeal against South Africa’s proposed pebble-bed modular reactor (PBMR) on Friday, the Institute of Nuclear Engineers urged that sight must not be lost of the project’s fundamentals. 

New cement product for builders

28th July 2003 South African cement producer, Lafarge Cement, has announced the launch of its Buildcrete 42,5 superior strength, high-quality all-purpose cement product, which is set to transform the local building industry. 

SA likely to export 1,1m tons of maize

28th July 2003 Maize-laden South Africa is likely to export 1,1-million tons of the regional staple this year, but it will have to target markets close to home to sell its relatively expensive product, industry sources said on Friday. 

Nampak restructures board

25th July 2003 South African packaging firm Nampak said on Wednesday Robert Becker would become financial director effective October 1, a post he was designated for in January 2003, after John Sayers steps down. 

World Bank approves Zambia plan for power utility

25th July 2003 The World Bank said on Wednesday it had accepted Zambia's proposal to grant autonomy to state power utility Zesco rather than privatise the firm as initially planned, and outlined its conditions for the agreement. 

Standards body to restructure

25th July 2003 Standards-generating arm of the SABS, Standards South Africa, has started to process restructuring its technical committees. 

Global cement group’s sales decline

25th July 2003 Building materials group Lafarge's first-half sales fell 11,9%, stung by a weaker dollar, but its shares rose on Wednesday as it kept its outlook and turned in better-than-expected internal growth. 

Now there's central-locking for houses

25th July 2003 When they have left, perhaps to go on holiday, probably most people at one time or another have had that nagging thought: "Did I lock all the doors of the house?"  

Grintek selected to partner US satellite firm

25th July 2003 American provider of broadband satellite solutions, Hughes Network Systems (HNS), announced it has selected Grintek Telecom, a South African information and communications technology specialist, as its representative in South Africa, with special focus on the telephone utility Telkom South Africa... 

SA company wins Namibian telecoms order

25th July 2003 Telecoms firm Mobile Telecommunications of Namibia has placed an order for the manufacture and supply of specialised telecommunications equipment for its cell network system with South Africa’s Webb Industries. 

Housing forum debates low-cost funding options

By: Martin Czernowalow     25th July 2003 The first Housing Finance Forum was held yesterday, in Johannesburg, under the auspices of the National Housing Finance Corporation (NHFC), a development finance institution responsible for facilitating access to housing finance for low- and moderate-income communities. 

Study to determine mine-linked water needs nears completion

By: Martin Czernowalow     25th July 2003 A study to determine future water requirements in the Limpopo and Mpumalanga provinces, expected to grow with the development of various platinum projects, is nearing completion, said South Africa’s Department of Water Affairs and Forestry (Dwaf). 

PBMR EIA appeal period extended

25th July 2003 The South African Department of Environmental Affairs and Tourism has extended the appeal period against two environmental approvals for nuclear projects, following applications in terms of the environmental-impact assessment (EIA) regulations. 

Offshore Australia well hits oil- BHP Billiton

24th July 2003 The world's largest diversified miner, BHP Billiton, said yesterday its Ravensworth-1 exploration well offshore Western Australia had made a "small to medium" oil discovery. 

Mozambique bans Zim meat, livestock

24th July 2003 Mozambique banned meat and animal imports from neighbouring Zimbabwe where there has been an outbreak of foot-and-mouth disease, a government official said on Tuesday. 

Economic impact of Aids more devastating than first calculated

24th July 2003 A new World Bank research report warns that HIV/AIDS will cause far greater long-term damage to national economies than previously assumed and that South Africa needs to act to limit the impact. 

Roads agency makes case for more tolls

By: Martin Czernowalow     24th July 2003 The South African National Roads Agency Limited (Sanral) is planning to build six new toll-roads within the next three years, as part of an effort to preserve the national road asset. 

Good governance award winners announced

24th July 2003 Business advisory services firm Delloitte & Touche announced the Good Governance Awards yesterday in Sandton, Johannesburg. 

Skills target in transport to be exceeded

By: Martin Czernowalow     24th July 2003 The Transport Education and Training Authority (Teta) looks set to exceed its skills development targets, at least 12 months ahead of the March 2005 deadline, Teta Ceo Dr Piet Bothma told journalists yeasterday. 

Air traffic monitoring system welcomed for SA

24th July 2003 A local aviation risk expert has welcomed the introduction of an Advanced Air Traffic Monitoring system to South Africa's main centres, but says that the rest of Africa needs to catch up. Head of Alexander Forbes Aviation Division in Cape Town Chris Readman says the primary benefit of installing... 

SA business urged to invest in Cape Verde

24th July 2003 Cape Verde has a Growth Domestic Product (GDP) of between four and five per cent, an inflation rate of two per cent, and the country enjoys political stability that makes it attractive for investments. 

ABB sees no asbestos deal until August

23rd July 2003 Swiss engineering firm ABB said it does not expect a US district judge to sign off on its key $1,3-billion asbestos settlement until August. 

Dutch farmer drives Zambia coffee expansion

23rd July 2003 Perched in the little Munali Hills of southern Zambia, the Mubuyu coffee farm is carving a name for itself in this poor southern African country as it seeks fresh revenue streams away from copper. 

No outright design winner in Freedom Park competition

23rd July 2003 The South African Freedom Park Trust yesterday announced that its architectural design award had not been given to an outright winner. 

Aviation talks a good start-SA Tourism

23rd July 2003 Chief Operating Officer of the South African Tourism Moeketsi Mosola says the organisation is upbeat about the recent government-to-government talks about the frequency of flights between South Africa and the UK. 

SA-Iran set up working groups to strengthen ties

23rd July 2003 South African Minister of Foreign Affairs Nkosazana Dlamini Zuma and her Iranian counterpart Kamal Kharrazi wrapped up discussions in Pretoria yesterday, after setting up structures aimed at boosting economic cooperation. 

Eskom gives R20m for greener govt buildings

23rd July 2003 Government buildings, starting with the Union Buildings in Pretoria and Parliament in Cape Town, are to be made more energy-efficient. 

Big push to save Cancun trade meet

23rd July 2003 EU foreign ministers stressed in a joint statement their determination that the September WTO ministerial conference in Cancun, Mexico should be a success, Agence France Presse reports. 

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