11 Sep 2012

Manufacturing

 



Climate change will hit food prices

Perhaps while we have an agricultural sector that allows us to feed ourselves, we should look after it. According to the UN's Food and Agriculture Organisation (FAO), climate change is set to affect food prices severely. And while we complain about high food prices as it is, if we end up having to import most of our food, prices will go through the roof and that Sunday roast - and even a staple like bread - will cost a great deal more.

They're non-lethal, apparently... teargas and the like - but some critics are still concerned that SA sold weapons to Zimbabwe.

On the green front, it seems more and more South Africans are looking to live in 'green' homes. Hence, such homes are scarce as demand rises. The question is: do those seeking to live in such homes know much about what 'green' is, and do they understand the subject adequately. It seems not, on both counts, apparently.

On the back of the furore surrounding Woolworths and its recruitment policy, a lawyer in the field says employers should exercise caution when banning non-designated racial groups. Johan Botes reckons that in certain cases, such exclusions could amount to unfair discrimination.

Rod Baker, content director

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Nampak surges to fresh record
Shares in Nampak surged to a new high on Thursday (6 September 2012) after the packaging group said it had identified potential opportunities in west Africa‚ particularly Nigeria for its beverage cans business. Read more >>

Ceramic Industries diluted earnings decline 22.7% to 586.6c
Ceramic Industries has reported a 22.7% decline in diluted headline earnings per share to 586.6 cents for the year ended July 2012 from 758.6 cents a year ago. Read more >>

Pioneer Foods drops on trading update
Early this week, shares in breakfast cereals‚ bread and juices manufacturer Pioneer Food Group (PFG) dropped as much as 4% to their lowest level since December 2010 after the group issued an 11-month trading update‚ warning of increased operating costs. Read more >>

Denel to showcase products at aerospace exhibition
Defence manufacturer, Denel, will use the Africa Aerospace and Defence Exhibition (AAD) in Tshwane later this month to showcase the unique quality of its products and services to prospective global clients. Read more >>

Ford commissions R21 million waste water treatment plant
Ford Motor Company of southern Africa (FMCSA) is investing R21 million in a new waste water treatment plant (WWTP) to facilitate the manufacturing of the Ranger at its Silverton Assembly Plant. Read more >>

Manufacturers must make investments now: Davies
[Linda Ensor] The current uncertainty over the growth prospects of both the global and domestic economy was likely to discourage manufacturers from investing in urgently required competitiveness enhancing investments in technology‚ processes and people until it was "too late", Trade and Industry Minister Rob Davies says. Read more >>

Manufacturing


Make stuff that matters
[Anton Ressel] By 2050, it is estimated that the earth's human population will be 9.07 billion. 62% of the people will live in Africa, Southern Asia and Eastern Asia - numerically this is the same as if all the world's current population lived in just these three regions. In addition, another 3 billion will be spread across the rest of the world. Read more >>

Companies have trouble reconciling tax claims
Many companies, especially smaller ones, are finding it difficult to comply with the new reconciliation process introduced by the South African Revenue Service (SARS) a year ago. The new process requires additional assessments if there are inconsistencies between VAT, the company income tax and employee tax declarations. Read more >>


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