
Trade conditions started off the year low, the South African Chamber of Commerce and Industry (Sacci) said in its
January Trade Conditions Survey.
15 Feb 2012 07:28According to George Marais, information analyst at Coface South Africa, worldwide manufacturing continues to perform well, recently posting strong quarterly gains in major economies, despite fears of another recessionary dip.
10 Feb 2012 13:31
[Paul Vecchiatto] The Cape Chamber of Commerce and Industry has welcomed the announcement in the state of the nation speech that port tariffs are to be reduced by about R1bn.
13 Feb 2012 12:21
It was unclear if government had formed a R1.6bn deal with Swiss pharmaceutical giant Lonza to establish the manufacturing of critical drug components, as the company issued a statement saying that talks were still at an early stage.
13 Feb 2012 12:00Engineering News reports that Science and Technology Minister Naledi Pandor announced that South Africa will set up a R1.6-billion plant to manufacture active pharmaceutical ingredients (AIPs) for antiretroviral medicines (ARVs) in a joint venture with Swiss group Lonza.
13 Feb 2012 12:06The automotive sector has welcomed the reduction of the port tariffs and possible review of Eskom's tariff structure.
13 Feb 2012 11:37
International paint and associated products manufacturer Dulux South Africa is making significant inroads into Africa, particularly in growing its business in the eastern part of the continent. The company has been established in East Africa for a number of years, where it hosts three licensed operations, in Uganda, Kenya and Tanzania, Dulux international business development executive Deon Nieuwoudt tells Engineering News.
10 Feb 2012 11:54
Union and business representatives have welcomed President Jacob Zuma's State of the Nation address to Parliament and, while the speech was held by some observers to be uninspiring it contained a lot of detail about the government's plans to boost jobs and invest in infrastructure.
10 Feb 2012 10:06Cosatu on Thursday (9 February 2012) said it was outraged by the alleged announcement by the Seardel group which "threatened to close a number of companies" that would effectively put hundreds of workers out of a job.
10 Feb 2012 09:28CareerJunction, one of South Africa's leading online recruitment solutions, has released industry-related salary figures for 2012 based on the FMCG, retail & wholesale and manufacturing, production & trades industries.
9 Feb 2012 13:47Bloomberg reports that Suzlon Energy, India's biggest wind-turbine maker, may build a plant to make equipment for turbines in South Africa, as part of the company's SA expansion drive. Silas Zimu, chief executive officer of Suzlon's South African business, said in a phone interview from Johannesburg that Suzlon is studying potential sites in the Eastern Cape and Western Cape.
9 Feb 2012 12:49
Despite Seardel's proposed move to retrench about 1500 staff, the future of the clothing industry remained one of optimism and sustainable growth, Apparel Manufacturers of SA director Johann Baard said this week.
9 Feb 2012 12:31
Business confidence fell to its lowest level since May 2010, the South African Chamber of Commerce and Industry (SACCI) said.
9 Feb 2012 09:33