18 Sep 2012

Manufacturing

 



Telkom in the firing line

There are some people who might be forgiven for having a sense of schadenfreude at the news that while Telkom is appealing against the fine it got for uncompetitive behaviour, the Competition Commission is also appealing - for a heftier fine. For years South Africans from all walks of life have bemoaned Telkom's high charges. Organisations need to know that when people reckon they are being ripped off, there can be consequences.

Good news for Denel is that a new agreement strengthens Denel Aerostructures' role in A400M manufacturing. It's hoped that the development will contribute significantly to the financial turnaround of the South African company and confirm its position as a top-tier supplier on the world's most advanced military airlifter.

There's more to climate change than just higher food prices... Robbie Louw writes that recent research, conducted in Cambridge, Massachusetts, links the social unrest that plagued the world during 2008/9 and 2011 to high world food prices. The research linked 28 events of social unrest in 22 countries, in which more than 12,000 people died, to the food price index exceeding a critical level.

In the wake of the Woolies saga, the government has plans to strengthen the employment equity law.

Finally, from a man who himself epitomises French flair and panache, our tame motoring editor, Henrie Geyser reckons that the new Renault Fluence literally oozes French flair.

Rod Baker, content director

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Manufacturing


Employers cause 'perceptions' of engineer shortages, Umgeni CE says
According to BDlive, Cyril Gamede, the new CE of Umgeni Water, says there are enough engineers in South Africa and perceptions of shortages have arisen because employers do not want to train up newly qualified engineers. Read more >>

Denel on drive to increase sales in Africa
Denel is embarking on a concerted marketing drive to increase the sales of its products and services to other African countries. Read more >>

Manufacturing production up 5.8% for the year
Manufacturing production in SA increased by 5.8% year-on-year (y/y) in July after an upwardly revised 0.9% (0.8%) year-on-year rise in June‚ data released by Statistics SA on Tuesday showed. Read more >>

Base effects help manufacturing rebound in July
Manufacturing production rebounded in July and increased 5.8% year on year from an upwardly revised 0.9% (0.8%) year-on-year rise in June. Economists cautioned however that the year-on-year increase in July was mainly due to July last year having been a low base month. Read more >>

Clothing sector suspends strike action
[Paul Vecchiatto] The Southern Africa Clothing & Textile Workers' Union (Sactwu) says it may be able to divert a strike as most employers have agreed to its pay demands. Read more >>

Kestrel wins exporter award for second time
At a prestigious event hosted by the Eastern Cape branch of the Exporters Club of South Africa, Kestrel Renewable Energy, the alternative energy subsidiary of Eveready was awarded the SME Exporter of the Year award - the second time it has held the title. Read more >>

APM begins operations at Coega
[Mark Allix] Global depot and port terminal operators APM Terminals officially launched operations in the Coega Industrial Development Zone (IDZ) on Sunday‚ establishing a full service depot to meet the needs of shipping lines and cargo owners. Read more >>

Clover diluted HEPS 108.7c vs 106.2c
Clover Industries (CLR) has reported diluted headline earnings per share (HEPS) of 108.7 cents for the year ended June 2012 from 106.2 cents a year ago. Read more >>

Manufacturing


New agreement strengthens Denel Aerostructures' role in A400M manufacturing
Denel and Airbus Military have finalised a new agreement with revised terms for manufacturing aircraft components on the A400M, in a development that will contribute significantly to the financial turnaround of the South African company and confirms its position as a top-tier supplier on the world's most advanced military airlifter. Read more >>

SA July manufacturing production up 5.8% y/y
Manufacturing production in SA increased by 5.8% year on year (y/y) in July after an upwardly revised 0.9% (0.8%) year-on-year rise in June‚ data released by Statistics SA on Tuesday, 11 September 2012, showed. Read more >>


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