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SA's credibility hinges on response to power crisis - energy-intensive investor 

By: Terence Creamer     22nd January 2008 The global head of the world's leading refractory-materials company, who was in South Africa this week to officially open a R65-million minerals-beneficiation project in KwaZulu-Natal, said he was shocked and surprised by the prevailing electricity-supply constraints, and warned that the... 

Eskom to invite more cogeneration projects, hopes to fast track some 

By: Matthew Hill     21st January 2008 Africa’s biggest power producer, State-owned Eskom, will run another round of bidding for electricity cogeneration, after having received proposals for 5 000 MW in the first bidding process, a senior official said on Monday. This amounted to about one-eighth of the utility’s current... 

SA to use Australian system as basis for green-building ratings tool 

By: Christy van der Merwe     16th January 2008 The South African property market is preparing to enter the global ‘green building' boom, and the newly established Green Building Council of South Africa (GBCSA) has set to work on developing a ratings tool for the assessment of so called green buildings. 

Nissan Diesel SA's market share a ‘good base for new product launches' 

By: Olivia Soraya Spadavecchia     15th January 2008 Vehicle manufacturer Nissan Diesel South Africa (NDSA) CEO Hiroshi Yokofujita said on Tuesday that the company had 13,4% of total market share in 2007, up 1% from the previous year, and it was looking to improve on this in 2008. 

Erbacon lists on JSE, makes R20m acquisition 

By: Olivia Soraya Spadavecchia     7th December 2007 The listing of Durban-based construction and plant-hire company Erbacon, on Friday, on the AltX was the 79th listing on the market this year. 

DBSA provides ‘hands-on' support at municipalities 

By: Christy van der Merwe     6th December 2007 The Development Bank of Southern Africa (DBSA), through the Siyenza Manje initiative, is harnessing engineering, finance, town planning, and project management skills, in order to capacitate municipalities in "challenged localities", to identify, design, and implement basic... 

Eskom setting up monitoring capacity to ensure delivery on localisation commitments 

By: Terence Creamer     23rd November 2007 State-owned electricity utility Eskom - which awarded the long awaited ‘mega’ boiler and turbine contracts for its R78,6-billion Medupi coal-fired power station to be built near Lephalale, in the Limpopo province, has confirmed that binding contractual commitments, with penalties -... 

State's low-cost housing backlog opens up buoyant market for Calgro M3 

By: Matthew Hill     16th November 2007 Affordable housing developer Calgro M3, which became 73rd company to list on the Johannesburg’s burgeoning AltX bourse on Friday, said that the South African government’s housing backlog was providing a buoyant market for the company. 

Eskom awards biggest contracts in SA's history to Hitachi and Alstom 

By: Terence Creamer     13th November 2007 State-owned electricity utility Eskom has at last awarded the long awaited 'mega' boiler and turbine contracts, worth a combined R33-billion, for its R78,6-billion Medupi coal-fired power station to be built near Lephalale, in the Limpopo province, between now and 2015. The 4 800-MW baseload... 

Govt undertakes over R400bn infrastructure capex in run-up to 2010 FIFA World Cup 

By: Guy Copans     9th November 2007 The South African government is spending around $60-billion in infrastructure, in the run-up to the 2010 FIFA World Cup, said the Department of Trade and Industry for the deputy director general for trade and investment, Iqbal Meer Sharma, at a South Africa-German Business round table in Pretoria... 

On-The-Air (09/11/2007) 

By: Martin Creamer     9th November 2007 In the broadcast: Americans & French are fighting it out for a share of SA's lucrative nuclear business; Eskom signs contracts for new coal-fired power station; SA gold-mining company investing in new gold mine in Ivory Coast. 

New AltX entrant SA French can’t keep up with demand 

By: Matthew Hill     7th November 2007 Crane supplier SA French, which beat the signature drums of the AltX as it kicked off trading on the Johannesburg bourse on Wednesday, said that it is struggling to keep up with demand, and it has not yet seen the effects of government's huge infrastructure spend. Speaking in an interview at the... 

On-The-Air (02/11/2007) 

By: Martin Creamer     2nd November 2007 In this broadcast: Botswana taking steps towards realising its diamond dream of becoming Africa's Antwerp; US ordering another batch of 500 armoured vehicles; SA planning to launch Africa's first commercial space rocket.  

South Africa's own rocket man makes audacious bid for space 

By: Keith Campbell     2nd November 2007 Article on project by aerospace engineer Mark Comninos, company Marcom Aeronautics & Space to develop and manufacture in SA satellite launch rockets, on a commercial basis. 

On-The-Air (26/10/2007) 

By: Martin Creamer     26th October 2007 In this broadcast: There are as many barrel of oil in SA's coal reserves as in Saudi Arabia's oil reserves 

Joburg, taxi operators ink pact over rapid-bus system 

By: Olivia Soraya Spadavecchia     23rd October 2007 The City of Johannesburg and the taxi industry signed a memorandum of understanding (MoU) on Tuesday heralding the launch of the implementation of a bus rapid transit (BRT) system in the city. Johannesburg's Rea Vaya (We are going) BRT system is a dedicated bus lane with ‘right-of-way' operations... 

On-The-Air (19/10/2007) 

By: Martin Creamer     19th October 2007 In this broadcast: 40 cars power only by sunshine - race from JHB to CT next year; SA & Australia fighting it out for right to list radio telescope; JHB will showcase Manufacturing Technology International Exhibition. 

On-The-Air (12/10/2007) 

By: Martin Creamer     12th October 2007 In this broadcast: Eskom considering 5 coastal sites for large nuclear power station; Solar power traffic lights in Cape Town; Making calls from cellphone, no battery, just the warmth of your hand. 

Eskom targets additional 2 010 MW in time for World Cup 

By: Olivia Soraya Spadavecchia     11th October 2007 State-owned power utility Eskom will embark on a project known as '2010 virtual power station', to make an extra 2010 MW of electricity available for the FIFA 2010 Soccer World Cup. 

2010 World Cup already raking in more money for FIFA than '06 

By: Olivia Soraya Spadavecchia     11th October 2007 Danny Jordaan says the FIFA World Cup 2010 has generated more revenue than any other World Cup in the past 100 years. 

On-The-Air (05/10/2007) 

By: Martin Creamer     5th October 2007 In this broadcast: SA found a way to unlock colossal amounts of coal energy; R3,2-bn to be ploughed into nickel project in Mpumalanga; DRC has wherewithal to outdo SA mining success. 

South Africa gets set to subsidise renewable-energy schemes 

By: Mariaan Webb     5th October 2007 The South African government has set up a subsidy and finance office to guide funding for renewable energy technologies, Minerals and Energy Minister Buyelwa Sonjica says. 

On-The-Air (28/09/2007) 

By: Martin Creamer     28th September 2007 In this broadcast: World's quietest most powerful current revolution - 'Chinafication' of Africa; De Beers' zeppelin airship; Two new wind farms in SA, on here another across our border. 

World's largest office-to-housing development under way in Joburg 

By: Christy van der Merwe     28th September 2007 The world's largest conversion of office space to apartments is under way in the Johannesburg central business district, at 120 End street, and is expected to be complete in early 2009. 

SA plans to subsidise renewable energy schemes 

By: Mariaan Webb     25th September 2007 The South African government has set up a subsidy and finance office to guide funding for renewable energy technologies, Minerals and Energy Minister Buyelwa Sonjica said on Tuesday. Speaking at an energy summit in Johannesburg, she said that South Africa would also establish a new certification... 

On-The-Air (21/09/2007) 

By: Martin Creamer     21st September 2007 In this broadcast: SA enters huge infrastructural growth phase; Brazil poised to throw its weight behind unique pilotless aircraft; Gaborone's new diamond technology park. 

Cash a precursor to growth, says construction giant 

By: Irma Venter     21st September 2007 A share buyback is only one way in which engineering and construction group Aveng will spend the proceeds from the sale of its stake in cement maker Holcim. Another option on the table is a possible acquisition. 

Energy efficiency takes on renewed urgency following gas-turbine delay 

By: Terence Creamer     21st September 2007 State power utility Eskom admitted last week that plans for the introduction of an additional 1 050 MW of open cycle gas-turbine (OCGT) capacity by the winter of 2008 had been thwarted by delays in the finalisation of environmental-impact assessment (EIA). 

Pent-up demand underpins stronger-for-longer view 

By: Terence Creamer     21st September 2007 The construction companies might be talking their own books when they assert that there is no end in sight to the current upward cycle in South Africa, but they are also backing these statements up with statistical evidence. 

Housing firm RBA to use listing as growth springboard 

By: Olivia Soraya Spadavecchia     20th September 2007 Medium-cost housing firm RBA Holdings, which listed on Thursday on the AltX, plans to use capital raised to fund land acquisition, and facilitate further growth for the company. Shares in the company closed at R1,40 a share on Thursday, up from the issue price of R1,00. CEO David Wentzel said... 

SAA expands African capacity in revenue growth drive 

By: Mariaan Webb     18th September 2007 National carrier South African Airways (SAA), which is in the midst of a restructuring plan, will be adding additional capacity to 11 of its 19 African destinations, as it seeks to boost the airline's revenues, GM for commercial operations Rushj Lehutso said on Tuesday. Lehutso said at a... 

On-The-Air (14/09/2007) 

By: Martin Creamer     14th September 2007 In this broadcast: SA singled out as an ideal country to set up carbon-capture project; World Bank trying to put an end to gas flaring; Important oil & gas discovery in Zamibia. 

SAA to tap State soon for restructuring finance 

By: Terence Creamer     14th September 2007 National carrier South African Airways (SAA), which is in the midst of a far-reaching reorganisation and retrenchment programme, expects to begin 'tapping' its shareholder, the South African government, soon for further capital to help fund its restructuring - the full cost of which was... 

Gautrain construction steams ahead 

     13th September 2007 Construction on the Gautrain rapid-rail link, which began in September last year, continued on schedule during the month of August, the company building the R25-billion project said in a progress update this week. 

Market applauds Aveng  

     11th September 2007 Shares in construction and engineering group Aveng gained morre than 8% on Tuesday, as investors reacted positively to strong financial and operational results posted by the company the previous day. 

Aveng confident of victory, albeit delayed, in Aquarius dispute 

By: Matthew Hill     10th September 2007 Construction, engineering and steel group Aveng has said, in its most confident statement on the dispute yet, that platinum-miner Aquarius Platinum South Africa would eventually have to pay out for cancelling a mining contract at its Marikana mine, but that this would likely only occur in three... 

Sasol says gas-to-liquids problem 'solved', but project cost to rise by $50m 

By: Terence Creamer     10th September 2007 South African energy group Sasol claims to have substantially overcome the technical problems afflicting its high-profile Oryx gas-to-liquids (GTL) joint venture, in Qatar, success at which is viewed as vital to proving a technology that could offer a serious alternative transport-fuel source. 

Aveng heaves sigh of relief as Grinaker-LTA returns to profitability 

By: Matthew Hill     10th September 2007 Construction giant Aveng said on Monday that its construction division Grinaker-LTA was no longer the group's problem child, as the unit reported its first profit in three years, and that all units had returned to profitability for the year ended June 30. 

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