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Steel maker closes R4.5bn loan facility

ArcelorMittal SA has closed a revolving R4.5bn structured commodity-trade finance facility over 36 months to finance working capital, as part of its balance sheet restructuring...

By Mark Allix 2 days ago

R1.5bn steel fund to come into effect in June

A R1.5bn steel competitiveness fund will come into effect next month, Economic Development Minister Ebrahim Patel said on Thursday, 25 May...

2 days ago

Putting people at the centre of multi-buy promotions

In the South African retail and manufacturing sectors, promotions have become a popular tool to attain growth...

By Lauren Hartzenberg 3 days ago

Indaba highlights South African manufacturing opportunities

The 4th annual Manufacturing Indaba, a two-day conference and exhibition, will be hosted at Emperors Palace, Ekurhuleni from 27-28 June 2017...

3 days ago

Black female entrepreneurs expand business with dti, IDC, Woolworths partnership

The dti, Woolworths and the IDC officially opened the doors of K9 Pet Foods' new 3,600 m² factory premises...

23 May 2017

Ikusasa Green expands with new premises in Dimbaza Industrial Park

Ikusasa Green has become the latest tenant of the Dimbaza Industrial Park, as part of the government's broader strategy of revitalising industrial parks...

23 May 2017

Major GM South Africa announcement

General Motors has announced that it is transforming its business globally. For SA, this means the phasing out of the manufacturing and sales of Chevrolet vehicles... [video]

By Ilse van den Berg 18 May 2017

Australia unveils massive shipbuilding plan

SYDNEY, Australia: Australia revealed details of a massive shipbuilding strategy on Tuesday, its largest peacetime naval investment...

17 May 2017

Industrie 4.0 set to improve all processes, grow economy

Advanced automation can improve virtually any process, anywhere, and has the potential to grow the South African economy and create jobs...

Issued by Reed Exhibitions 17 May 2017

Africa increases high-value production, global trends identify industrial growth

Euromonitor International has released research on how industrial changes are shaping the B2B marketplace around the world...

16 May 2017

Cape Town a competitive hub for food and beverage manufacturing

Cape Town's food and beverage manufacturing sector is an important earner of foreign exchange for the city...

15 May 2017

ArcelorMittal notches up $1bn profit in Q1

Global steel giant ArcelorMittal said Friday, 12 May, that "positive market momentum" and rising shipments enabled it to swing back into profit in the first quarter of 2017...

15 May 2017

Manufacturing production down by 0.9% in first quarter

Manufacturing production slumped in the first quarter of the year, Statistics SA reported on Thursday...

By Sunita Menon 12 May 2017

Davies launches the latest industrial action plan

The ninth iteration of the industrial action plan (Ipap) that Trade and Industry Minister Rob Davies launched on Monday is an action plan and an effort...

By Mark Allix 9 May 2017

AkzoNobel rejects third PPG takeover bid

Paintmaker AkzoNobel on Monday, 8 May, turned down a third revised offer bid from US-based rival PPG, saying it still undervalued the Dutch company...

9 May 2017

Apple starting US tech manufacturing fund with $1bn

SAN FRANCISCO, US: Apple chief Tim Cook on Wednesday announced Apple is creating a fund to get more people in the US to do "advanced manufacturing," kicking it off with a billion dollars...

5 May 2017

Twinsaver accelerates growth strategy with Sylko acquisition

South African manufacturer of branded tissue products, The Twinsaver Group (Twinsaver), has announced the acquisition of Sylko...

3 May 2017

Will additive manufacturing inspire the next industrial revolution?

Some suggest that by taking the industrial revolution of 1760-1840 as the first one, we are currently in the fourth industrial revolution...

By Nicholas Kitonyi 3 May 2017

Nippon Steel holds off profit target on price uncertainty

Japan's Nippon Steel & Sumitomo Metal said on Friday, 28 April, it would not give a profit target for the current fiscal year owing to uncertainty over prices for raw materials and finished products...

2 May 2017

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International

Apple touts greater use of recycled metal in gadgets

NEW YORK, US - Apple wants to "one day" end the need to mine materials from the earth to make its gadgets, the technology giant said in its annual environmental responsibility report out Thursday.

21 Apr 2017

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