6 Aug 2013

Manufacturing

MTV lives on

While MTV no longer stands for Music Television, the essence of the 32-year-old channel lives on, supported by a shiny new market segment - an audience that requires much more than music videos. In order to keep them satiated, the channel has launched its first localised interactive magazine programme for South Africa's youth - MTV Choice; it's been dubbed "pop-tastic"...

Want to start your own business? Easier said than done, I'm afraid - ask any successful entrepreneur about the trials and tribulations they experienced before finding the winning formula. Problemio.com, creator of business planning apps, has outlined five steps to starting a business.

Even if you have been in HR management for some time, it's not easy to pick out a fraudulent medical certificate. Once you have, or have your suspicions, what do you do then? Lia Marus advises on the best course of action in "How to deal with fraudulent medical certificates".

I, and I suspect many others, have a severe case of arms deal fatigue. We're going on two years since the commission was set up to determine whether there was any corruption involved in procurement contracts that were awarded in the '90s. The public hearings, were underway in Pretoria, this week, but have since been postponed for two weeks to allow for the declassification of certain documents. Here's hoping it'll be smooth sailing from there on...

Sindy Peters, Group Head: Content

Submit your company news to manufacturingnews@bizcommunity.com. Exclusive contributions may be sent to contributors-manufacturing@bizcommunity.com.

Weekly top stories

Sappi continues to lose money
Pulp and paper producer Sappi has reported a basic loss per share of 8 US cents for the quarter ended June‚ slightly better than the loss of 20c per share for the June quarter last year. Read more >>

Manufacturing
Funding agreement for tooling cluster initiative signed
At the recent Afrimold Conference, Henk Snyman, secretary of the Toolmaking Association of South Africa (TASA) Gauteng branch, announced the signing of a funding agreement with government agency, Gauteng Enterprise Propeller (GEP), to establish a viable tooling cluster that will boost localisation in the tool-making sector in support of the packaging and automotive manufacturing industries in South Africa. Read more >>


Machinery
Steloy's technological advances give customers quicker turnaround times
The advent of metal castings was an integral development in the advancement of human civilisation to form the backbone of infrastructure as we now know it. Casting components often account for up to 70% of products supplied to the mining, energy and other sectors, which has a great impact on the economy. Read more >>


Manufacturing
Bulk wine a mixed blessing for SA
Driven by strong demand for bulk wine, SA is looking to grow total exports to a record 500m litres in 2013, almost 100m litres more than the record set last year. But many producers think it's not all good news; they view the surge in bulk wine exports as more of a threat than a blessing. Read more >>

Illovo hand-over unlikely to be sticky
The changing of the guard at Africa's largest sugar producer, Illovo, looks like it will be a smooth affair when outgoing managing director Graham Clark hands over to current operations director Gavin Dalgleish. Read more >>

Fall in car exports no cause for alarm
Standard Bank's head of vehicle asset finance‚ Sydney Soundy‚ said the drop in export sales may look concerning but it was probably to do with how vehicle makers contracted sales. Read more >>

Prasa's coach contract has strong BEE element
[Linda Ensor] The winning bidders for the 30% black economic empowerment (BEE) slice of the R51bn deal by the Passenger Rail Agency of SA's (Prasa) to buy new commuter trains was presented to the company's board for a decision on Friday (2 August). Read more >>

Longer trains boost coal exports 30%
[Nicky Smith] Transnet Freight Rail (TFR), the largest business unit in the state-owned freight and logistics group, is increasing its capacity to export coal by 30% with a new 200-wagon train that will run between the Mpumalanga coal fields and the Richards Bay Coal Terminal. Read more >>

Smokers push BAT's profits to £2.94bn
[Zeenat Moorad] British American Tobacco‚ the world's second-largest tobacco group by market share‚ reported a 4% rise in first-half revenue to £7.57bn on Wednesday (31 July)‚ as price increases helped offset falling consumption. Read more >>

Tongaat Hulett expects large rise in production
[Mark Allix] Listed agricultural and agri-processing business‚ Tongaat Hulett‚ says there is likely to be a big rise in sugar output for the year from its SA farms with the sugar mills operating smoothly in different regions. Read more >>

Jobs losses prompt calls for meaningful job creation efforts
[Ntsakisi Maswanganyi] SA's official unemployment worsened in the second quarter‚ leading statistician-general Pali Lehohla and some economists to reiterate calls for education and labour policies that will address joblessness. Read more >>

Consumer confidence up, spending higher
[Helmo Preuss] Consumer confidence rose to 1 - from a level of -3 - in the second quarter of this year and up from its nine-year level of -7 in the first quarter‚ signalling a recovery in household spending‚‚ according to a survey released on Wednesday (31 July). Read more >>

World Bank provides US$14,7bn to Africa
The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy. Read more >>

Ban on big fizzy drinks in NY falls flat
NEW YORK CITY, USA: New York's bid to ban large, sugary sodas on public health grounds suffered a new setback on Tuesday (30 July) when an appeals court upheld a ruling striking down the proposed legislation. Read more >>

Beer taps open on AB InBev's profits
BRUSSELS, BELGIUM: The world's largest brewer AB InBev reported on Wednesday (31 July) better-than-expected second-quarter results, sending its shares price sharply as it benefited from its acquisition of the Corona beer brand in Mexico. Read more >>


International

Sony - out of red and back in black
TOKYO, JAPAN: Japan's electronics company Sony said on Thursday (1 August) it had swung back to a net profit of US$35m for the April to June quarter, while boosting its annual sales forecast. Read more >>

Volkswagen's profits fall almost 46%
BERLIN, GERMANY: Volkswagen, Europe's biggest car manufacturer, said on Tuesday (30 July) it's first-half net profit plunged nearly 46% because of difficulties in the European market. The company maintained its full-year forecasts. Read more >>

Fiat profits sharply up but shares fall
MILAN, ITALY: Italian car company Fiat reported a huge increase in second-quarter profits on Tuesday (30 July) but its share price fell sharply after US partner Chrysler revised down its 2013 financial targets Read more >>


More International


Jobs offered

Welding Operator - Cape Town - Blackheath
Senior Contact Centre Consultant - Maitland - Cape Town
Laser Operator - Johannesburg
Graphic Design - Johannesburg



All industry news


Marketing & Media

Medical

Retail

Government

Mining

CSI

Finance & Insurance

Agriculture, Horticulture & Forestry

Arts & Entertainment

Building & Construction

Environment & Conservation

Human Resources & Recruitment

Legal

Property & Real Estate

Security & Military

Education & Training

Tourism, Travel & Hospitality

IT & Telecommunications

Maritime & Fishing

Sport

Logistics

Science & Technology

Lifestyle

Automotive
PrintPrint any item in this newsletter. EmailEmail any item in this newsletter. CommentComment on any item in this newsletter.


Today's weather
Cpt

15°C
10°C
Jhb

19°C
2°C
PE

22°C
9°C
Dur

24°C
12°C
Bloem

22°C

Customise weather

Industry sectors




Press releases: Distribute your news professionally to over 170 000 subscribers across various industries. Read more about our press offices.

Editorial: We welcome your news, views and comments! Email press releases, invitations, interview requests, and proposals to manufacturingnews@bizcommunity.com and exclusive opinion pieces to contributors-manufacturing@bizcommunity.com.

Advertising: We welcome your sales enquiries! Email sales@bizcommunity.com and read more about our advertising rates.

Location: Cape Town (head office): tel +27 (0)21 680 3500 | 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa. Johannesburg: tel +27 (0)11 513 4172 | Nicol Grove Office Park, Design Quarter, Leslie Avenue, Fourways, Gauteng, 2055.

Subscribe/unsubscribe: Invite your friends, colleagues, suppliers, customers and partners to subscribe!


© 2013 Bizcommunity.com. All rights reserved.
Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.

Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.