17 Jul 2012

Manufacturing

 



Any way you spin it, it's a disgrace

Professor Mary Metcalfe's report on the Limpopo textbook debacle paints a grim picture of the state of that province's education department. However, the national education department has welcomed her report, saying that it "adequately captures the complexities of the Section 100 (1)(b) intervention in that province and the difficulties experienced by national government in terms of the provision of textbooks to schools in Limpopo". The bottom line is that their department of education's handling of this disgrace has failed Limpopo's pupils badly.

Possibly manufacturing a little alarm of his own... According to Times Live, trade and industry minister Rob Davies has warned businesses: invest, or lose BEE points. He apparently wants investment in enterprise, supplier, and skills development.

Food, glorious food... possibly not...Phakamani Hadebe, Land Bank CEO, is reported to have said that 22nd century food-security is not guaranteed. He could be right, which is all the more reason why the issue of land redistribution needs to be handled very carefully, and properly.

In the property sector, indications are that there's real transformation in SA's real estate market. Research indicates that almost half of all home loan applications are now being made by black buyers, compared with only about 12% a decade ago.

Finally, on the automotive front, extreme weather over the past few days saw the N1 and N12 closed following heavy snowfalls and rain. And on the petrol-head front, motoring editor Henrie Geyser reckons Hyundai is continuing to strengthen its grip on the local car market, with the i30, for instance.

Rod Baker, content director

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Manufacturing


Changes to format of MESA SA Conference
The 2012 MESA Conference, with the theme "Adapt or Die" will be held on 13 and 14 November at the Indaba Hotel in Fourways, Johannesburg. Read more >>

Manufacturing


Production side of economy improves in May
Manufacturing and mining production beat expectations and came in higher than forecast in May‚ with analysts warning however‚ that the improvement could be temporary. Read more >>

Davies warns businesses: invest, or lose BEE points
According to Times Live, South Africa's trade and industry minister Rob Davies warned that black economic empowerment (BEE) points would be deducted from businesses who did not invest in enterprise, supplier, and skills development. Read more >>

Denel Aerostructures looking at new markets
Denel Aerostructures is well-placed to manufacture vital parts for the civilian aviation market‚ based on its experience on military aircraft for Saab and Gripen. The CEO of Denel Aerostructures (DAe)‚ Ismail Dockrat‚ said at the Farnborough International Airshow the company has just completed its final delivery on the production of components for the Gripen fighter for Saab. Read more >>

Sasol's Canadians opt out
The decision by Sasol's Canadian joint-venture partner, Talisman Energy, to opt out of a 48000bbl/day gas-toliquids (GTL) project will not affect the economic sustainability of the project, says Sasol senior group executive Lean Strauss Read more >>

PPC in R1.1bn empowerment deal
Pretoria Portland Cement Company (PPC) has announced a second-phase empowerment transaction which will result in the issue of 6.5% additional PPC shares with a transaction value R1.1bn. Read more >>

Solar powered pumps deliver 34,000 lt. of water per day
According to ESI-Africa, First National Battery (FNB), SA-based manufacturer of lead acid batteries and a subsidiary of JSE listed Metair Investments Limited, assisted with the installation of a solar water treatment station in the Eastern Cape's OR Tambo district municipality community of Mnxehazi. Read more >>

More A400M work for Denel Aerostructures
defenceWeb reports that Denel Aerostructures (DAe) is currently ramping up component production for the Airbus A400M, a four-engine turboprop military transport aircraft designed by Airbus Military, as the aircraft approaches service entry. Read more >>


Government
Alleged illicit liquor dealer to face court
An alleged kingpin in the illicit liquor trade is expected to appear in the Johannesburg Magistrate's Court as the South African Revenue Service (SARS) clamps down on traders who evade paying duty on alcohol. Read more >>

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