From Creamer Media in Johannesburg, this is the Real Economy Report.
South African aeroengine company Turbomeca Africa, a joint venture between Turbomeca of France and South Africa’s Denel, recently celebrated its tenth anniversary. Keith Campbell discovers what’s next for the company.

Keith Campbell:
Turbomeca Africa is 51%-owned by Turbomeca, which is itself part of France’s Safran group. Among other things, the South African company makes parts for the Makila engine, which powers a number of helicopters, including South Africa’s own Oryx and Rooivalk machines. Turbomeca Chairman and CEO Oilivier Andriès explains the position of the local company within his group.

Turbomeca Chairperson and CEO Oilivier Andriès

Shannon de Ryhove:
Other news making headlines this week: Location is a key determinant of South Africa’s opportunity inequality; and an exhibition showcases the latest fire and security innovations.

Where a South African child is born and lives remains the single largest factor in determining access, or otherwise, to basic opportunities such as education, healthcare, water, sanitation, electricity and early childhood development programmes, a new World Bank report shows.

World Bank lead economist for South Africa Sandeep Mahajan

This year’s International Fire and Security Exhibition and Conference South Africa and the Occupational Safety and Health expo took place in June. The expo aims to educate organisations on how to equip themselves with proven security and safety solutions to protect customers, employees and assets.

Zonke Engineering sales engineer David Rothballer

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.