From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley:
Falcon Air, based at Wonderboom Airport in Pretoria, has developed and is producing the Falcon 402 single-engined passenger and utility aircraft. Keith Campbell reports.
Keith Campbell:
The Falcon 402 is an eight seat aircraft powered by a single turboprop engine and fitted with a glass, or digital, cockpit. Falcon Air project engineer David Toma tells us about the project.
Falcon Air project engineer David Toma:
Keith Campbell:
Toma explains the difference between Non-Type Certified and Type Certified aircraft.
Falcon Air project engineer David Toma:
Sashnee Moodley:
Black-woman-owned steel-manufacturing company RSC Avelo was officially launched in Roodepoort, Gauteng last month and aims to be a key player in market. Anine Kilian tells us more.
Avelo MD Mayleen Kyster:
Anine Kilian:
Kyster added that the company currently had a sizeable client base, but was going to pursue bigger projects in 2017.
Avelo has been supplying steel to renewable-energy wind projects throughout the country, and has supplied thousands of tons of steel to bridges and construction projects.
Kyster further noted that, when it comes to jobs on Avelo's sites, the company uses subcontractors, giving small businesses the opportunity to employ people. She stated that Avelo has 25 full-time employees.
Avelo MD Mayleen Kyster:
Anine Kilian:
Steel and Engineering Industries Federation of Southern Africa CEO Kaizer Nyatsumba noted that the metals and engineering sector was in the midst of a crisis.
Avelo MD Mayleen Kyster:
Anine Kilian:
“Our economy has been seriously underperforming and South Africa needs a number of infrastructure development projects to move the metals, engineering and steel subsectors forward,” he said, adding that Seifsa wants the strategic projects identified in the National Development Plan to be implemented, as it would stimulate the economy.
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.
Edited by: Creamer Media Reporter
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