20 Nov 2012

Manufacturing

 



Table Mountain has its day in the sun

Cape Town's iconic Table Mountain will officially be inaugurated as one of the New7wonders of Nature this December, and the City of Cape Town is going all out to celebrate the occasion! Expect a free concert for the public affair followed by a Table Mountain float joining a procession through the city. A big thanks must be made to SANParks for taking such good care of the South African ecological treasure!

On trend with going green, the SA Post Office plans on procuring 90 electric scooters by 2015 in order to reduce it's CO2 emissions. But they're not stopping there... By 2020 it plans on being carbon neutral - now here's a sustainability goal we can all aspire to!

Wouldn't it be awesome if you could volunteer at a NPO you're passionate about, AND get paid to do it - I bet a lot more people would get to some serious do-gooding if that were the case... cue the Vodacom Change the World programme. Vodacom will pay you a monthly salary if you dedicate your time, energy and skills to a local NPO for a year. It's as easy as approaching a NPO, gaining their support, agreeing on an action plan and submitting your application.

Finally, gather your friends and family and head down to the annual AFDA Film Festival student showcase this weekend in Joburg, Cape Town, and Durban. More than 50 films will be screening, produced by the school's third and fourth year students. They're also going online this year, so go forth and interact.

Sindy Peters: Group Head, Content

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Editorial news

Manufacturing


Sweet results as Illovo's earnings rise
[Roy Downing] Sugar producer Illovo on Thursday (15 November) reported a 28.81% rise in diluted headline earnings per share for the six months ended September to 169 cents from the previous corresponding period's 131.2 cents. Read more >>

Salga rejects claims of electricity overcharging
According to BDLive, South African Local Government Association (Salga) has rejected claims that most metros and municipalities impose big mark-ups on Eskom's tariffs. Salga was invited by Parliament's trade and industry committee on Friday to give its views on claims that prohibitive electricity price hikes were making business uncompetitive and resulting in businesses closing down. Read more >>

Eurozone's in recession, but SA economy won't contract, experts say
According to TimesLIVE, the EU's statistical office revealed the Eurozone - comprising the 17 countries that use the euro as currency - has slipped into recession. As these countries progressively implement austerity measures to cut their budget deficit, their economic growth has slumped. South African manufacturers will be cringing at the news - as Europe is the industry's most important export market. Read more >>

Heaton Valves Africa to install Sasol's new coker ball valve
Leading petrochemical and valve specialists Heaton Valves Africa (HVA), who has had the privilege of aligning themselves with top-end international and local industry brands, was recently involved with the management, product supply and replacement of the only coker valve plant in operation in South Africa. Read more >>

IDC invests in establishment of taxi assembly plant
South Africans need affordable and accessible public transport, and, for many people this means access to reliable, safe and cost-effective minibus taxi services. BAW South Africa is a company borne about as a result of the Industrial Development Corporation's (IDC) mandate by government to find an equity partner to manufacture minibus taxis locally. Read more >>

CAC upholds Competition Commission's appeal on SAB ruling
The Competition Appeal Court (CAC) on Wednesday upheld an appeal by the Competition Commission to have its case against South African Breweries (SAB) and its 13 distributors heard before the Competition Tribunal, BDLive reports. The commission brought the appeal application after the tribunal in April last year dismissed the referral of a complaint against the SAB. Read more >>

Machinery


GE eyes Transnet tender for diesel locomotives
[Siseko Njobeni] General Electric (GE) Transportation‚ which manufactures equipment for the railroad‚ marine‚ mining‚ drilling and energy generation industries‚ is eyeing Transnet's tender for 465 diesel locomotives‚ Tim Schweikert‚ GE Transportation chief executive for sub-Saharan Africa and China said this week. Read more >>

Manufacturing


Evraz loses as steel demand drops
[Alistair Anderson] Steel producer Evraz Highveld Steel and Vanadium (EHS) made a headline loss of R800m in the nine months to September thanks to weak demand in an ailing world economy and extensive industrial action. Read more >>

Rainbow Chicken buys 64.2% of Foodcorp
[Roy Downing] South Africa's largest processor and seller of chickens, Rainbow Chicken, on Wednesday (14 November) announced it is to buy 64.2% of Foodcorp for R1.037bn. Read more >>


International
25% of German firms 'to slash jobs' in 2013
BERLIN, GERMANY: Gloomy German companies are preparing to slash their workforces next year as the eurozone crisis bites, a survey showed on Monday (19 November), with more than one in four firms saying they would cut jobs in 2013. Read more >>

China firm to invest US$1.6bn in new plane engine
SHANGHAI, CHINA: A state firm will invest an initial US$1.6bn to develop China's own aircraft engine as it seeks to catch up with other countries, official media said on Thursday (15 November). Read more >>

More International...


Africa
Indigenisation boosts PPC in Zimbabwe
[Alistair Anderson] Pretoria Portland Cement (PPC) on Monday (19 November) said its Zimbabwean subsidiary Portland Holdings Limited (PHL) had received an indigenisation certificate from the Zimbabwean government. Read more >>

More Africa...


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