CSIR exceeds its targets

2010-11-11 14:17
Cape Town - The CSIR has announced its results for the past year.

"The Council for Scientific and Industrial Research (CSIR) has announced that it has exceeded most of its targets and has achieved a solid overall performance for its 2009/10 financial year," the organisation said in a statement.

Research has been under some pressure as the department of science and technology has cut some of its budget. However, CSIR president Dr Sibusiso Sibisi said the organisation had performed well.

"Financially, we exceeded our targets for total turnover, net profit and the value of contract research and development (R&D) during the past year. We have also maintained an unqualified audit," said Sibisi.

According to statements from the CSIR, income increased about 14% and total group income amounted to about R1.6bn.

In terms of staff, the CSIR increased its science and engineering staff from 59% to 64% and the number of students it supports has increased from 66 to 232 according to its annual report.

The CSIR was granted 13 international patents and disclosed 38 inventions.

"We have started a special initiative that focuses on the transfer of CSIR-developed technologies and solutions to improve service delivery, with implementation through the appropriate government line departments. We strongly promote science and technology as enablers for improvement in our society and economy," Sibisi said.


- Follow Duncan on Twitter
 
- News24
Read more on:    csir  |  technology
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Sport

Jobs in Cape Town [change area]

Jobs in Western Cape region

Organisational Change Manager (OCM)

Cape Town
Empanda Talent
R450 - R900 Per Hour

Sales Consultant (Hygiene industry)

Cape Town Northern Suburbs
Human Communications (Pty) Ltd
R15 000 Per Month

Developer

Cape Town Southern Suburbs
BHRS
R25 000 - R35 000 Per Month

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Pre-order your iPhone 6 at kalahari.com

Hurry and pre-order your own iPhone 6 now at SA’s favourite online store!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

Mind blow low prices on electronics

Get either the Prestigio multiphone or Proline tablet 7” tablet for only R699. Offers valid while stocks last. Shop now!

30% off Barbie toys

Save 30% on all Barbie toys and accessories. Offer valid while stocks last. Shop now!

Baby extravanganza month at kalahari.com

Celebrate baby month with a wide range of awesome baby products. Offers valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Mind power dominates and can help you to uncover things from a deeper level, but it can also create entanglements if you let your...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.