12 Feb 2013

Manufacturing

 



SA business school ranks among world's best

Our basic education system might be, what many people reckon, somewhat of a shipwreck, but there are centres of excellence of which we can be very proud. In this case it is UCT's Graduate School of Business that is one of them - it has held its ground in two global MBA ratings.

There's always someone, isn't there... So beware of any messages you get from "SARS", the genuine one of which has issued a scam warning to taxpayers. SARS (the genuine one) says taxpayers should be wary of a scam using the SA Revenue Service (SARS) logo to defraud people.

"Members of the public are randomly emailed with spoof emails made to look as if these come from SARS, but are in fact fraudulent emails aimed at enticing unsuspecting taxpayers to part with personal information, such as bank account details," SARS spokesman, Marika Muller said.

It was pretty obvious, wasn't it... When you add more than 50% to a wage bill, something has got to give, and in this case, it was farmers giving... retrenchment notices...
So farmworkers are losing their jobs after the wage hike.

Agriculture has shed hundreds of thousands of jobs since minimum wages were first implemented in 2000 and analysts warn that thousands more will be lost when the new wage, increased by 50% by Labour Minister Mildred Oliphant, comes into effect on 1 March 2013.

But to rub salt into the wound, the Department of Labour has cautioned non-compliant farmers and says action will be taken against employers who do not comply with the new sectoral determination for farmworkers.

Finally, our very own champion, motoring editor Henrie Geyser, reckons the new Golf 7 has champion stamped all over it.

Rod Baker: Content Director

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Manufacturing

Manufacturing growth slows y/y‚ positive quarterly
Manufacturing disappointed on a year-on-year (y/y) basis in December‚ but improved quarter on quarter fuelling views that the sector contributed positively to gross domestic product in the fourth quarter of last year. Read more >>

The hottest electric cars and technologies of 2013
[Claudio Rebuzzi] It's hard to believe that the electric car has been around for over a hundred years. If Nicola Tesla had his way (and I wish he did) then we would all be driving electric cars that were completely energetically sustainable. Alas, his dream was not realised and we all have paid the price. Read more >>

New CEO for Denel PMP
Phaladi Petje has been appointed new CEO of Denel PMP. He has experience in strategic planning, business development, marketing communications and business process re-engineering gained in key industries such as defence, telecommunications, transport and advertising. Read more >>

Ethnic hair care goes natural
[Wilma den Hartigh] Johannah Moriti has established the first cosmetic company in South Africa to manufacture natural chemical-free products that don't alter the structure of ethnic hair. Read more >>


Manufacturing

ArcelorMittal SA shuts plant after fire
Steelmaker ArcelorMittal South Africa announced on Monday (11 February) that its Vanderbijlpark plant had been shut down owing to extensive damage caused by a fire on Saturday (9 February). Read more >>

R1,6bn spending spree for Nampak
Nampak said Friday (8 February) that it will spend R1.6bn on two projects to strengthen its position in both the beverage can and glass sectors in South Africa. Read more >>

Denel plans strong presence at Abu Dhabi show
Denel will strengthen its marketing campaign in the Middle East and Africa through a strong presence at the International Defence Exhibition (IDEX) in Abu Dhabi, later this month. Read more >>

Bitumen shortage hurts road builders
[Alistair Anderson] Bitumen‚ which is mainly used to make asphalt for tarred roads‚ is in short supply in South Africa‚ putting pressure on the South African National Roads Agency's (Sanral's) multibillion-rand road upgrade and building plans. Read more >>


International
'Watch' Apple say media reports
NEW YORK, USA: Media reports claimed on Monday (11 February) that Apple is testing a watch-like device which could perform like a smartphone. Read more >>

Renault recalls 60,000 cars in China
BEIJING, CHINA: French car manufacturer Renault has begun recalling more than 60,000 cars exported to China over problems with their fuel gauge sensors, China's consumer quality watchdog said, according to state media. Read more >>

No new BlackBerry models for Japan
TOKYO, JAPAN: Troubled smartphone manufacturer BlackBerry will not launch its new models in Japan, effectively withdrawing from Japan's booming smartphone market where BlackBerry sales have virtually collapsed. Read more >>

Mazda profits from higher sales
TOKYO, JAPAN: Japanese car company Mazda on Wednesday (6 February) said it swung back to a profit for the nine month period to December as it boosted its full-year earnings forecast. Read more >>

Tablets take market share from PCs
WASHINGTON, USA: More than a third of all computers sold worldwide in the fourth quarter of 2012 was a tablet, according to a survey released Wednesday (6 February). Read more >>

Toyota profits up four-fold
TOKYO, JAPAN: Toyota said on Tuesday (5 February) that its net profit quadrupled for the nine months to December as the Japanese vehicle manufacturer revised its full-year profit and sales forecast. Read more >>

Michael Dell to buy back 'his' company
NEW YORK, USA: Dell unveiled plans on Tuesday (5 February) to delist the company in a private buyout worth US$24.4bn that is being led company founder Michael Dell. Read more >>

Huawei, Microsoft for Africa
NEW YORK, USA: Microsoft announced on Tuesday (5 February) that it had teamed up with Chinese manufacturer Huawei to launch an affordable smartphone across Africa. Read more >>

More International...


Government
Digital transmission may create jobs
The launch of digital terrestrial transmission (DTT) will create an opportunity for the local content industry to flourish, Communications Minister Dina Pule claimed on Monday (11 February). Read more >>

Manufacturing sector's performance disappointing
The manufacturing sector was disappointing on a year-on-year basis in December‚ but improved quarter-on-quarter results meant that the sector contributed positively to gross domestic product in the final quarter of 2012. Read more >>

Cosatu calls for plan to halt job losses
The government, business and labour must implement development policies to stop the loss of jobs in the economy, the Congress of SA Trade Unions (Cosatu) said on Tuesday (5 February). Read more >>

Shabangu says Amplats issue will be 'resolved'
Mineral Resources Minister Susan Shabangu said on Tuesday (5 February) that she was confident the tensions between the state and Anglo American Platinum (Amplats) would be resolved. Read more >>

More Government news...


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