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Namibia utility plans Okavango hydro project

13th December 2002 Namibia's power utility NamPower announced plans yesterday for a hydropower project on the Okavango River, expected to cost over R300-million ($33-million) and supply power to neighbouring Angola and Botswana. 

Rival to Telkom moves a step closer

13th December 2002 South Africa took another step closer to competition in the fixed-line telecoms market yesterday with the start of public hearings into two bids made for a majority stake in an operator to rival the Telkom monopoly. 

Australian oil group eyes Angola’s Cabinda region

13th December 2002 Australia's Roc Oil Company hopes to begin exploring its 45%-owned onshore Cabinda South block in Angola, after completing a risk assessment of the area in the first half of 2003. 

Newtown expands craft and design centre

13th December 2002 In a further effort to enhance the positioning of Newtown as the creative capital of South Africa, a craft and design centre was opened this week. 

West Coast gas find could widen industry base

13th December 2002 A Major new gas find near Saldanha Bay and the servicing of the West Africa off-shore oil industry could widen the industrial base of the Western Cape and help its economy achieve a growth rate of five percent. 

Particle board producer to build new plant

13th December 2002 In response to growing domestic and export demand, South Africa’s leading wood panel products business, PG Bison, has confirmed that it is to build a new particle board manufacturing plant. 

Export incentive to get top-up

12th December 2002 The Department of Trade and Industry (DTI) has brought forward its budget for 2003/04 for its Export Marketing and Investment Assistance (EMIA) scheme, which ran out of money in October. 

Public comment sought for long-lining policy

12th December 2002 The Department of Environmental Affairs and Tourism is inviting public comment on its intended allocation of commercial fishing rights for tuna and swordfish long-lining, as part of transforming these fisheries. 

R60m Cape Waterfront expansion on cards

12th December 2002 The Cape Town Waterfront is poised to expand and get a new terminal at the Cape Town Harbour. 

Portable water purification plants for SA

12th December 2002 Uruguayan-based public/private partnership company Rocco/Ose and South African company, Wastat, which manufacture compact, portable water treatment and purification plants, have signed a joint-venture deal worth R30-million. 

Long fuel queues as Zimbabwe runs dry again

12th December 2002 Queues of cars and buses stretching for kilometres (miles) snaked around Zimbabwe's garages yesterday, as a petrol shortage dogging President Robert Mugabe's government flared again. 

Growth beckons for Maputo port as Spoornet signs Moz deal

By: Irma Venter     12th December 2002 Waking the sleepy rail corridor between Mozambique and South Africa will necessitate the Maputo port to step up a gear. 

MIDP phase downs explained

12th December 2002 The Department of Trade & Industry (DTI) has announced the extension to the Motor Industry Development Programme (MIDP) from 2007 to 2012. There will be phase downs of customs duty and reduced benefits under the MIDP after 2007. 

DTI says R4bn is enough for taxi scrapping allowance

By: Terence Creamer     11th December 2002 The Department of Trade and Industry (DTI) is confident that the taxi-recapitalisation scrapping allowance will remain within the R4-billion range, despite several delays in the process and an overall increase in the price of vehicles. 

VW SA plans to boost component exports

11th December 2002 Carmaker Volkswagen South Africa will be increasing its investment in plant infrastructure, product upgrades and improved facilities at its Uitenhage plant to R2,1-billion over the next six years. 

EIA for Sasol Polymers expansion plan

11th December 2002 An environmental impact assessment (EIA) study has just been launched into Sasol Polymers’ proposed plans expand its current polyethylene business units in Sasolburg. 

Post Office to implement e-business systems

11th December 2002 E-procurement and e-sourcing solutions provider, Commerce One South Africa, yesterday announced that the South African Post Office has chosen Commerce One South Africa - Distributor Operations to drive e-procurement and e-sourcing in the South African Post Office. 

SAA returns to profit in first half

11th December 2002 South African Airways posted a first-half profit in the 2002 financial year – its first since 1999 – its chief executive said, giving Africa's biggest carrier firepower to grow its regional dominance. 

Regulator approves Telkom tariff rise

11th December 2002 The South African telecoms regulator approved Telkom's 2003 tariff increase on yesterday, saying it was disappointed the State-run phone operator had not limited a rise that could hamper the government's efforts to reach inflation targets. 

Upgraded St George’s on show today

11th December 2002 Spectators at today’s One Day International (ODI) match, between South Africa and Pakistan, will get a sneak preview of the huge developments currently transforming St George’s Park ahead of the ICC Cricket World Cup next year. 

Johnnic to decide on MTN unbundling next year

11th December 2002 Holding company, Johnnic Holdings said yesterday its board of directors would decide early in 2003 whether it should distribute its stake in South Africa's second-largest mobile operator, MTN, to shareholders. 

Peru prosecutor halts Angola aircraft sale

11th December 2002 A Peruvian prosecutor has stymied an arms sale to Angola in a probe into whether the Andean nation's $4,8-million sale of six Brazilian-made military planes was undervalued, court sources said last week. 

SA to receive R4,3bn for MTN stake

10th December 2002 South Africa said yesterday it made a profit of around R1-billion ($109-million) on the sale, to staff at MTN, of State transport utility Transnet's 18,7% stake in the cellphone operator. 

Electricians to be registered with Ecsa 

By: Zonika Botha     10th December 2002 After long and protracted negotiations it seems that the Engineering Council of South Africa (Ecsa) will be accredited as the registration authority for electrical practitioners. 

Architects invited to design SA’s Freedom Park

10th December 2002 Architects worldwide have been invited to design South Africa’s own symbol of humanity and freedom – an international icon positioned similarly to the Arc d 

State wants more R&D co-ordination

By: Keith Campbell     10th December 2002 Arts, Culture, Science and Technology Minister, Ben Ngubane, said that the government is looking at the closer co-ordination of parastatals with research and development facilities, such as the CSIR and those headed by the Department of Science and Technology. 

Zambia launches economic plan, seeks donor support

10th December 2002 Zambia last week unveiled a three-year recovery plan, which will see the southern African country spend up to 6,6-trillion kwacha ($1,3-billion) as it tries to shift from a mining-based economy to agriculture. 

R200m US grant for SA housing drive

10th December 2002 South African Housing Minister, Sankie Mthembi-Mahanyele, has welcomed the R200-million grant from the Oversees Private Investment Corporation (OPIC) to help in the construction of about 100 000 low-cost houses, for approximately 350 000 homeless people in the next five years. 

Africa’s largest game park launched

10th December 2002 The leaders of three countries launched Africa's biggest national park yesterday – a vast swathe of savannah teeming with game, which they hope will draw much needed tourist dollars to the region. 

SAA in code-share deal with Moz carrier

10th December 2002 South African Airlines (SAA) said last week it had signed a code-share agreement with the national carrier in neighbouring Mozambique. 

World Bank agency aims to raise African exposure by 10%

By: Martin Czernowalow     9th December 2002 In an effort to encourage regional business to fill the investment void in sub-Saharan Africa, the Multilateral Investment Guarantee Agency (MIGA) has met with key government officials and business leaders in South Africa and Mozambique last week. 

Coega IDZ metallurgical cluster gets power supply

9th December 2002 The installation and commissioning of temporary power lines to the metallurgical cluster at the Coega Industrial Development Zone (IDZ) is well underway, bringing the readiness of the site for investors in the metals and aluminium sector closer to realisation. 

Soweto rail line receives upgrade

9th December 2002 The first phase of the South African Rail Commuter Corporation's (SARCC) refurbishment of the Soweto line has been completed, including a new railway signalling system specifically developed for South African conditions and installed by Siemens Southern Africa. 

MTN share sale details today

9th December 2002 Details of the sale to MTN employees of state transport utility, Transnet's, stake of just under 19 percent in the cellphone operator will be announced today when Public Enterprises Minister Jeff Radebe addresses a news briefing. 

UN official says West insensitive to African crisis

9th December 2002 A senior UN official last week accused the West of indifference and insensitivity over a looming food shortage/Aids crisis in southern Africa, and expressed fears of an unprecedented human catastrophe. 

Hanger and drug projects receive State backing

By: Terence Creamer     9th December 2002 The Department of Trade and Industry (DTI) on Friday released details of the latest two projects to have qualified under the Strategic Industrial Projects (SIP) incentive scheme, bringing to eight the total number of SIP-linked initiatives currently under way, with a combined investment value of... 

MIDP incentive to be extended to 2012

9th December 2002 The much-vaunted Motor Industry Development Programme (MIDP) is to be extended from 2007 until 2012, government has announced. 

Call for bids for Cape Town film studio

6th December 2002 A Call has been made for expressions of interest in establishing an estimated R180-million to R300-million, international standard film studio in Cape Town. 

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