24 Jul 2012

Manufacturing

 



Calling the ladies

According to the Business Women's Association (BWA) 2012 Women in Leadership Census, women make up 43.9% of the workforce but constitute only 17.1% of all directors. Hence, the BWA reckons that more women are needed at board level.

While on the media front, the High court in Pretoria has ruled that the Glynnis Breytenbach disciplinary must be open to the media - and that's good news for transparency.

"It is of the utmost importance that the media has access to this disciplinary hearing...‚" Judge Ronel Tolmay ruled.

Meanwhile, down in the Western Cape, Premier Helen Zille says the province is helping to capacitate municipalities. That makes great sense, because that's where service delivery literally hits the ground - and in far too many cases around the country, virtually stops dead in its tracks.

And finally, another one for you petrol heads out there, our man with the eyes of an eagle, the speed of a swift, Henrie Geyser, reckons the new Chinese MG won't ruffle any feathers. He reckons it's a bit bland... nothing like him, then - though we all know he's anything but bland new.

Rod Baker, content director

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Manufacturing


Ellies HEPS up 73.3% to 54.45c
Manufacturer‚ wholesaler‚ importer and distributor Ellies Holdings (ELI) has reported a strong set of results‚ with headline earnings per share up 73.3% to 54.45 cents for the year ended April 2012 from 31.42 cents a year ago. Read more >>

Eskom tariff hikes may hurt manufacturing, mining sectors
Analysts say Eskom's planned tariff increases, although lower than in the past few years, threaten to erode the competitiveness of the manufacturing and mining sectors, stunt job creation and add to inflationary pressures, iAfrica.com reports. Read more >>

Denel profit falls to R41m from R110m
[Hopewell Radebe] State-owned defence company Denel has posted a modest profit of R41m in the financial year ending March 2012‚ which was significantly lower than the R110m profit posted last year‚ group CEO Riaz Saloojee said on Thursday. Read more >>

Macroeconomic impediments crippling South African businesses
Quarterly research highlights real hindrances to business growth are poor government service delivery, political uncertainty and crime. Read more >>

Plastic bottle recycling generates 26‚000 jobs
Recycling PET‚ the plastic used to manufacture beverage bottles and food containers‚ has helped generate almost 26‚000 indirect jobs‚ and the plastics recycling industry can reduce poverty across SA and contribute to GDP growth‚ says PETCO CEO Cheri Scholtz. Read more >>

Denel profit falls to R41m from R110m
State-owned defence company Denel has posted a modest profit of R41m in the financial year ending March 2012‚ which was significantly lower than the R110m profit posted last year‚ group CEO Riaz Saloojee said on Thursday. Read more >>

Hulamin earnings expected to be up to 24% lower
Aluminium product manufacturer Hulamin on Tuesday announced it was expecting its headline earnings for the six months ended June 2012 to be between R54m and R59m. Read more >>


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