| TITANIUM RESEARCH |
| Airbus, CSIR, Aerosud sign titanium manufacturing research agreement |
| A collaboration agreement signed between Airbus, the Council for Scientific and Industrial Research's (CSIR's) National Laser Centre (NLC) and aerostructure manufacturer Aerosud on Thursday would see the group test the viability of titanium powder-based additive layer manufacturing (ALM) for the fabrication of large and complex aerospace components. The Aeroswift project comprised the construction of a R37-million laser-based prototype machine, which was expected to be completed mid-2013,... Full Article |
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| COAL & ELECTRICITY |
| Ncondezi Coal eyes 2017 start-up for Mozambique power project |
| Aim-listed Ncondezi Coal on Thursday published the results of a definitive feasibility study (DFS) on a proposed 1 800 MW mine-mouth coal-fired power plant at the company's namesake project, in the Tete province of Mozambique. Ncondezi, which earlier confirmed the economic and technical viability of the project, said that it would develop the coal-fired plant in phases of 300 MW each, with targeted expansion to 1 800 MW by 2023, in conjunction with a still undecided-on strategic partner. Full Article |
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| MINING & ELECTRICITY |
| Zimbabwe aims for 10 000 MW on the grid by 2040 |
| Zimbabwe is continuing to invest in new power generation capacity to close its supply gap, officials from the energy regulatory authority and national power supplier told delegates at the yearly Mining Indaba in Harare on Thursday. Zimbabwe Energy Regulatory Authority (Zera) chairperson Canada Malunga said the government had launched its National Energy Policy (NEP) last week, outlining the strategies and measures for increasing electricity capacity. Full Article |
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| AVIATION |
| SAA opens another route to Congo |
| National carrier South African Airways (SAA) has launched its second route between Johannesburg and the Republic of Congo – this time to the capital Brazzaville. SAA started flying to Pointe Noire in January and on Thursday launched its direct flights to Brazzaville. Full Article |
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| BUILDING PRODUCTS |
| Bright, new Dawn shows R84.3m profit |
| JSE-listed building and civil products supplier and manufacturer, Dawn returned to profitability for the financial year ended June 30, reporting an R84.3-million profit compared with a R28.9-million loss in the previous year. Revenue was up 12% to R4.3-billion. Group operating margin increased from 2.7% to 3.9%, largely on the back of improvements in the infrastructure division. This was, however, still short of Dawn's stated goal of achieving a margin between 8% and 10%. Dawn... Full Article |
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| STRIKES |
| Unrest will not help miners – Zuma |
| Illegal strikes, incitement, and intimidation after the Marikana tragedy will not assist workers, President Jacob Zuma said on Thursday. "Instead, it will make them and the country worse off," he told the National Assembly during question time. Full Article |
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| SKILLS DEVELOPMENT |
| Airbus, NAC sponsor 12 aerospace research students |
| Airbus and the National Aerospace Centre (NAC) on Thursday said that a joint bursary programme has been extended to include 12 new students in 2012. The programme, which aimed to support human capital development, awarded the bursaries, valued at R1-million, to students from Stellenbosch University, the Cape Peninsula University of Technology, the University of the Witwatersrand (Wits) and the University of Cape Town, NAC acting director Philip Haupt said on Thursday. Full Article |
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| INFRASTRUCTURE FUNDING |
| City of Johannesburg secures R1bn financing |
| Banking group Nedbank and the City of Johannesburg on Thursday entered into a R1-billion funding agreement, which would assist the city to roll out its 2040 development strategy. In March, the City of Johannesburg revealed its integrated development plan, along with a number of proposed flagship programmes for the next five years, which highlighted green projects and infrastructure upgrades as being critical to achieve the Joburg 2040 Strategy outcomes. Full Article |
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| TRANSPORT |
| Maputo port, transport corridor strategy to be developed |
| The Common Market for Eastern and Southern Africa, through the Mozambique Regional Gateway Programme (MRGP), has invited expressions of interest (EOI) from consulting firms to draw up a Maputo port gateway and freight corridor strategy. The strategy would form part of a coordinated approach focused on developing the Maputo port and transport corridors as part of an integrated system aimed at boosting trade. Full Article |
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| ECONOMY |
| CEOs confidence improves marginally |
| The overall confidence levels of South Africa's top business executives rebounded in third quarter, after recording its biggest drop, to date, in the second quarter of the year, when the crisis-ridden eurozone dented confidence. The latest Merchantec CEO confidence index improved by 4.5% to 58.06 points in the three months from June to September, from 55.5 in the previous quarter. Full Article |
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| FISCAL POLICY |
Consider tax regimes that favour industry over finance - Unctad  |
 | A new report published by the United Nations Conference on Trade and Development (Unctad) argues that policymakers should consider taxing profits from productive entrepreneurial activity at a lower rate than those derived from financial activities as part of efforts to deal with the growing global problem of growth-sapping inequality. The recommendation is contained within the 175-page 'Trade and Development Report, 2012', which was released globally on September 12 under the theme of... Full Article |
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| CARBON DISCLOSURE |
| Two SA mining firms among top carbon disclosure leaders |
| South African mining firms Anglo American and its 80%-owned subisdiary South African mining firms Anglo American and its 80%-owned subisdiary Anglo American Platinum (Amplats) are included in the Carbon Disclosure Leadership Index (CDLI) which forms part of the UK-based Carbon Disclosure Project's (CDP's) 'Global 500 Climate Change Report' released this week. Johannesburg- and London-listed Anglo American was also included in the Carbon Performance Leadership Index. Full Article |
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| ECONOMY |
| Australia and SADC sign memorandum of understanding |
| The Southern African Development Community (SADC) has signed a memorandum of understanding (MoU) with Australia on sustainable development, peace and security, climate change adaptation and mitigation, agriculture and food security, and human resource development. SADC executive secretary Dr Tomaz Salomão and Australian High Commissioner Ann Harrap signed the MoU at the SADC headquarters in Gaborone, Botswana, on Thursday. Full Article |
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