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Latest News

World Bank backs E Cape power project

14th November 2002 A R100-million clean power generation plant is to be established in Kouga in the Eastern Cape. 

Soweto water upgrades initiated

14th November 2002 Johannesburg Water (JW), the water and sanitation service provider for the city of Johannesburg, has initiated yet another project aimed at improving water supply provision in Soweto. 

Gripen offers Poles €8bn fighter deal offset

14th November 2002 The Anglo-Swedish joint venture making the Gripen fighter jet said yesterday Poland would get €8-billion worth of offset business if it chose the Gripen, in a $3,5-billion tender competition for 48 multi-role fighters. 

World Bank launches carbon fund

14th November 2002 A new carbon fund, launched by the World Bank last week, will create an unprecedented opportunity for the poorest farmers and rural communities all over the developing world. 

Gauteng agency embarks on global export drive

14th November 2002 The Gauteng Economic Development Agency (GEDA) has announced the launch of the GEDA Export Promotion Programme, which was developed in line with GEDA’s mandate to increase the export potential of Gauteng Province’s locally manufactured products, thereby bringing South African-based... 

E Guinea distances itself from oil-cap claim

14th November 2002 Equatorial Guinea distanced has itself from statements that it wanted to cap its oil output, saying it needed more field developments to extend flow rates beyond 2005. 

Indian oil group enters Sudan

13th November 2002 Sudan this week said it had picked a state-owned Indian oil company to replace Canada's Talisman Energy in its oil sector, because it would be less vulnerable to criticism from non-government organisations. 

SA telecoms group requests 9,5% tariff increase

By: Martin Czernowalow     13th November 2002 South African State-owned telecommunications company, Telkom, announced its tariff adjustments for 2003 at a media briefing in Johannesburg yesterday, with the result that consumers will be paying an additional 9,5% for the company’s regulated basket of service. 

Focus on corruption at engineers’ gathering

13th November 2002 Corruption – which undermines development, reverses economic growth, rewards the incompetent and the dishonest and works against poverty alleviation – must be stamped out, and consulting engineers have an important role to play in addressing this crucial issue. 

R100m prepayment contract awarded

13th November 2002 Durban-based company, Conlog has been awarded a massive 80% of the total Eskom National Contract for the supply of prepayment metres for 2002/03, valued at over R100-million. 

Canada’s trade minister to visit SA

13th November 2002 One of the largest trade missions from Canada to the African continent will visit South Africa from November 16 to 20. 

SA development model exported to Tanzania

13th November 2002 The South African-based Small Business Project (SBP) exported its development model to Tanzania last year, as the first of several country programme-ventures into sub-Saharan Africa. 

Taxi recap’s scrapping allowance may exceed R4bn

By: Irma Venter     12th November 2002 The long-awaited taxi-recapitalisation project has made progress towards implementation – this amidst comment that the scrapping allowance initially estimated may now prove insufficient, and that the price tag on the project may soar to well beyond R20-billion. 

Talks on tooling fund continue

By: Martin Czernowalow     12th November 2002 Discussions regarding the period of Iscor’s contribution to, as well as the administration and management of the Automotive Tooling Fund are still in progress, the South African steel giant tells Engineering News Online. 

Optimism ahead of brand-manager’s results

12th November 2002 South Africa's Barloworld is poised to report a 28,3% jump in earnings for the 2002 financial year, buoyed by rand depreciation and a strong performance by its cement subsidiary, analysts said last week. 

Cape to host small business week

By: Jill Stanford     12th November 2002 The City of Cape Town, in partnership with the Western Cape Provincial Administration, Wesgro, the private sector and NGOs will be hosting Small Business Week 2002 from November 18 to 22. 

SA hands over patrol boats to angola

12th November 2002 Three Angolan patrol boats, that were refurbished and revamped by a Cape Town-based boat building company, Farocean Marine, were handed over to the Angolan Consul-General Mario Leonel Correia during a ceremony yesterday. 

Nominees sought for techno awards

12th November 2002 The National Science and Technology Forum (NSTF) is launching the 5th call for nominations for the highly-acclaimed NSTF Science and Technology Awards for 2002 – an event in which the NSTF assertively prides itself. 

R105m for Mpumalanga roads, water, sanitation

12th November 2002 Mpumalanga's financial situation is so healthy that it can afford to allocate R105-million for road repairs, rural sanitation and water provision across the province, Premier Ndaweni Mahlangu announced. 

Engineering giant chops earnings goals

12th November 2002 Ailing engineering group ABB slashed profit goals for the next three years last week and vowed to more than halve its total debt in a drastic overhaul that could lead to more than 10 000 redundancies. 

Erwin to attend trade meet in Sydney

12th November 2002 The Minister of Trade and Industry, Alec Erwin, will attend an informal World Trade Organisation (WTO) ministerial meeting in Sydney from 14-15 November 2002. 

World Cup 2003: It's not just cricket

By: Deborah Spicer     11th November 2002 In February and March, spectators from around the world will file into South African, Zimbabwean and Kenyan cricket venues to support their teams’ attempts to win the much-coveted title of International Cricket Council World Cup holder. 

African regulators establish forum

11th November 2002 The formalisation of the African Forum for Utility Regulators (AFUR) took place in Tshwane (Pretoria) last week. 

Consulting engineers announce president

11th November 2002 The executive chairperson of one of South Africa’s foremost independent consulting engineering and project management practices – PD Naidoo & Associates – Dempsey Naidoo was elected president at the South African Association of Consulting Engineers (SAACE) annual general meeting... 

Paper giant awards industrial IT contract

11th November 2002 Leading power and automation technology group, ABB, will supply Sappi's Ngodwana Kraft Mill with Industrial IT Open Control, following the announcement of a contract valued at $2-million (R20-million) – the first of a four-phase project valued at $11-million. 

No need for OPEC production change - Algeria

11th November 2002 The OPEC oil cartel has no need to change supply quotas at its December meeting, as demand is strong enough to absorb the cartel's current overproduction, Algeria's Energy Minister said last week. 

Political leaders need to focus on ICT

11th November 2002 Despite the fact that activities based around the creation, processing and dissemination of information account for more than 80% of employment in the developed world, in the mind of political leaders, issues concerning Information and Communication Technologies (ICTs) are not yet high on their... 

Nearly 100 contractors get cracking at Coega

11th November 2002 The Coega Development Corporation has already appointed almost 100 contractors to work on various infrastructure projects within the Coega Industrial Development Zone (IDZ) and 1 500 people are employed on various construction sites in the zone, with thousands of other job-seekers being... 

Cellular group forecasts higher first half

11th November 2002 South African mobile phone operator MTN Group said on Friday it expected to report higher first-half earnings, sending its share up as much as 7,9% to its strongest level in about five months. 

SADC-EU divided on Zimbabwe

11th November 2002 The European Union failed on Friday to persuade African ministers to get tough with Zimbabwe and has to settle instead on guidelines to avoid political abuse of food aid. 

Forest products firm optimistic about 2003

8th November 2002 South African pulp and paper giant, Sappi reported a 13% drop in full-year earnings yesterday, due to the global economic slowdown, but said it was positioned for profit growth in the year ahead. 

Business Confidence muted in Oct

8th November 2002 The South African Chamber of Business’ (SACOB) Business Confidence Index (BCI) shed 1,8 index points and declined from 106,3 in September to 104,5 in October. 

Competition body’s steel probe heats up

By: Terence Creamer     8th November 2002 Competition Commission officials this week visited Durban Roodepoort Deep’s (DRD) Blyvoor mine, as the probe into allegations made by gold miners Harmony and DRD of excessive pricing by steel giant Iscor intensifies. 

Cement firm bullish about SA market growth

8th November 2002 South African cement firm, Pretoria Portland Cement (PPC), said it was expecting continued growth in cement sales in the year ahead, mainly as a result of increasing trends in gross fixed capital formation, which is evident in all sectors of the economy. 

Saldanha set to breach 1,25m t/y capacity

8th November 2002 Steel producer Iscor has confirmed that capital expenditure at its state-of-the-art Saldanha Steel mill was forecast at R155-million for the 2002/03 financial year. 

Cape chamber rejects technikon merger plan

By: Jill Stanford     8th November 2002 The plan by the Department of Education to combine the Cape and Peninsula technikons has been rejected by the Cape Town Regional Chamber of Commerce. 

Portugal to sign deal with Angola

8th November 2002 Angola and Portugal will sign a deal in coming days, a Finance Ministry spokesperson said on Wednesday, with the accord reported to involve 1,5-billion euros in debt owed to Lisbon. 

Two clay-brick factories reopen

8th November 2002 Suggesting a positive shift in the industry, the reopening of two clay-brick factories is providing employment for about 300 new and old employees. 

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