10 Jul 2012

Manufacturing

 



Taxpayer-Gov relationship crucial? You bet!

Finance Minister Pravin Gordhan says the relationship between the government and the taxpayer is crucial, and we couldn't agree more. Perhaps what many taxpayers would like to see - if the relationship is to be a good one - is a far better use of tax funds not least of which would be achieved through more efficient management, less wastage, and far less corruption.

On the consumer front, are you up to speed on returns policies and the CPA? If not, Danie Strachan has some words of advice for you.

For all you aspiring learner drivers, and wannabe petrol-heads out there, here's some news of South African tech designed to help get your drivers license faster. Proposed changes to the National Road Traffic Act could see it taking up to 12 months longer to get a drivers license, so anything you can do to speed it up a bit, would help. Right?

On the emotive subject of the land issue, TAU SA says it's about the economy, not emotions or politics. Well, that sounds sensible to many people, but unfortunately, emotions do sometimes get in the way on many issues. Here's hoping common sense rules.

It's wheel spanners at dawn... or not. Our tame motoring editor, Henrie Geyser, reckons the new Nissan Infiniti is fit to rumble the Germans. Ja! He reckons this offering from The Land of The Rising Sun is one of the classiest brands and strikingly good looking - like our Henrie, then? (He tends more towards the "ruggedly..." Whatever.)

Rod Baker, content director

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2013 Innovation Prize for Africa to unlock African potential
The United Nations Economic Commission for Africa (ECA) and the African Innovation Foundation (AIF) has announced the call for entries for the 2013 Innovation Prize for Africa (IPA). The prize aims to support Africans efforts to develop new products, increase efficiency and drive cost-savings. Read more >>

Manufacturing


SA chemical companies seek to become internationally competitive
According to Cape Business News (CBN), South Africa's unusually large and economically significant chemical manufacturing industry contributed in 2011 5% to SA's gross domestic product (GDP) and 25% to total manufacturing sales. Read more >>

SA manufacturing growth stalled, rand depreciates on global uncertainties
South Africa's economic outlook has "deteriorated" and inflation will probably remain within the bank's target range through 2014 "mainly due to the global uncertainties"," Reserve Bank Governor Gill Marcus told reporters, adding that that inflation, which probably peaked in the first quarter, is on a declining trend, Moneyweb reports. Read more >>

SA chemical industry reshaping to become leaner, more price competitive
[Saijil Singh] South Africa's chemical industry is the largest of its kind in Africa. One of its strength is that local companies develop and market higher-value chemicals, giving them a competitive edge. It has an unusually large chemical industry and is of substantial economic significance. In 2011, the industry contributed 5% to GDP and 25% to total manufacturing sales. Read more >>

Plastic pipes cartel smashed
According to reports on Business Live, Fin24 and Business Day, the Competition Tribunal has heaped praise on Petzetakis Africa's managing director Michelle Harding for exposing collusive practices in the plastic pipes sector and has given the company an 80% discount in penalties. Petzetakis was fined R9,92-million for its role in fixing prices and allocating markets. Read more >>

SA firms may 'ride the waves' in emergent MENA economy
SA construction firms could benefit from numerous projects emerging in the Middle East and North Africa (MENA) as a result of high oil prices in 2010 and 2011, Business Live says. Read more >>

PMI falls to 48,2 - its lowest level since August 2011
According to reports from Business Live, Fin24, Business Day and BER, South Africa's purchasing managers' index (PMI) fell by 5,4 points to just 48,2 in June - its lowest level since August last year - as new sales and business activity plunged. The PMI is regarded as a reliable 'health gauge' for the economy's manufacturing sector. Read more >>

Boeing forecasts US$4.5 trillion market for 34 000 new aircraft
SEATTLE, US / LONDON, UK: Boeing projects a US$4.5 trillion market for 34 000 new aircraft over the next 20 years as the current world fleet doubles in size, according to the Boeing 2012 Current Market Outlook (CMO) just released. The company's annual forecast reflects the strength of the commercial aviation market. Read more >>

Repairs for oil, gas rigs could create 5000 jobs
South Africa can create at least 5000 jobs by providing ship and oil rig repair and maintenance, the Minister of Transport Ben Martins said on Wednesday. Read more >>

Potential positive SA knock-on effect to Airbus USA move
According to FIN24, the move by European aircraft manufacturer Airbus to establish an assembly line for its A320 aircraft in the USA may have a positive knock-on effect for several South African companies. Read more >>

Sustainable building codes for commercial SA business
While it is estimated that worldwide, buildings are responsible for a third of all carbon emissions, these alarming statistics has prompted South Africa to commit to reducing its carbon emission by 34% by 2020 and 42% by 2025. Read more >>

96% air, 'lifeless' polystyrene is both cheap and enviro-friendly
Cape Business News reports that the use and recycling of polystyrene in the food industry has increased over the past few years. Expanded polystyrene (EPS) is used to make cups, bowls, plates, egg cartons and more. Polystyrene is a cost-effective and environment-friendly alternative to other packaging materials. Read more >>


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