4 Dec 2012

Manufacturing

 



Labour unrest: SA faces decisive choices

Agri SA says that the choices on labour unrest will be decisive for South Africa. It says in a statement that it is evident that the wage and related challenges are not exclusively, but mainly that of seasonal workers who have to earn their annual income over a period of a few months.

On the education front, something really needs to be done to jack up our education system after the latest results show that maths and science skills remain poor, with grade nine pupils recording a dismal average score of 12.7% in mathematics and 35% in first additional language in the Department of Basic Education's second annual national assessments of pupils' mathematics and literacy abilities.

Such results will have a massive impact on school-leavers' ability to find employment.

On the tourism front, Chris Moerdyk asks: Is SA being priced out of the tourist market? As comments on the article seem to have it, the answer could be a big "Yes!" and remember, once tourists have been ripped off - or feel they have been ripped off - they will never come back, and they will tell everyone they know.

Finally, Amelia Jones reckons that the proposed BEE amendments are nonsensical, immoral and counter-productive and will hamper social development efforts in the Western Cape and elsewhere.

Rod Baker: Content Director

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Manufacturing


Foschini's example may not save the local clothing industry
BDLive reports that Economic Development Minister Ebrahim Patel has congratulated fashion retailer The Foschini Group for its efforts to support local manufacturing. In January, Foschini bought local manufacturer Prestige Clothing with which it had a relationship going back 20 years. Prestige has factories in Cape Town and Caledon and employs 800 people. Read more >>

Govt awards antiretroviral tender to Cipla
JSE-listed pharmaceutical company, Cipla Medpro SA, announced in a press release that it has been awarded an antiretroviral (ARV) tender from government worth a combined value of approximately R1.448b for a two year period commencing 1 January 2013, Health24 reports. Read more >>

Omnia's explosives and chemicals business keeps growing
According to The New Age, work stoppages that have plagued South Africa's gold and platinum miners had no affect on demand for mining explosives and ancillary paraphernalia produced by explosives and chemicals manufacturer Omnia. Read more >>

Tiger Brands: international success and 'challenges' at home
South African consumer goods group Tiger Brands has reported higher annual profits as improved earnings from its international markets offset challenging conditions at home, Just Food website reports. The group says its operating income from export markets "more than doubled", reaching R451m in the 12 months to 30 September. Read more >>

Motlanthe: SA 'must cultivate a taste' for locally manufactured products
According to The Citizen, South Africans have been encouraged to buy "Proudly South African" goods, as the festive season draws closer. Speaking at the launch of a proudly South African "Buy Local" summit in Johannesburg on Monday, 26 November 2012, Deputy President Kgalema Motlanthe said that purchasing local goods built the economy, and created new jobs too. Read more >>

Manufacturing


Purchasing managers' index reaches 49,5 in October
The seasonally adjusted Kagiso Tiso Holdings purchasing managers index (PMI) added 2.4 index points in November to 49.5 from 47.1 in October. Read more >>

Sweet windfall for Illovo and Tongaat Hulett
Sugar companies Illovo and Tongaat Hulett rebounded from last season's drought-depressed performance by posting better profits for the six months to September, primarily driven by sugar production. Read more >>

R32m package for Sasol's boss
Sasol's directors have defended the R31.88m package paid to chief executive David Constable, saying he has been the main driver of the company's sterling financial performance. Read more >>

Check if you get a spare wheel with your car
The next time you buy a new car, ask the salesman if it comes with a spare wheel. That's the advice Bryn John of Kabega Park sent to the Herald's Fair and Square last week. Read more >>

Bread cartel: consumers want action
[Amanda Visser] An application for a class action against three Western Cape breadmakers - Pioneer Foods‚ Premier Foods‚ and Tiger Consumer Brands - was referred back to the high court by the Supreme Court of Appeal on Thursday (29 November). Read more >>

Political uncertainty hurts manufacturing
[Mariam Isa] The ratio of manufacturers rating the current political environment as a constraint on business activity has climbed to its highest level since 1993‚ according to a survey from the Bureau for Economic Research (BER). Read more >>

Infrastructure plans: Group Five 'confident'
[Alistair Anderson] JSE-listed construction company Group Five is confident it can benefit from the government's infrastructure roll-out‚ which is expected to kick into gear next year. Read more >>


International
'No-death' Volvos by 2020
STOCKHOLM, SWEDEN: Swedish automaker Volvo, long known for its attention to safety, aims to have zero deaths or injuries in its new cars as of 2020 thanks to smart functions in its vehicles, a director said in a media report released on Monday (3 December). Read more >>

Blackberry in trouble with Nokia?
HELSINKI, FINLAND: Finnish mobile giant Nokia said on Wednesday it had filed lawsuits in the US, Britain and Canada against Blackberry-maker Research In Motion (RIM) claiming it has breached patent agreements. Read more >>

Siri on hand to assist in GM cars
LOS ANGELES, USA: General Motors said on Tuesday (27 November) it will integrate Apple's voice-activated software Siri in some of its cars next year to allow iPhone users to perform hands-free tasks. Read more >>

GE says 'Industrial Internet' could be worth trillions
WASHINGTON, USA: Connecting industrial operations to the Internet could lead to significant gains in productivity, potentially worth between US$10tn to US$15tn globally, a study by General Electric said on Monday (26 November). Read more >>

More International...


Government
54 projects approved for jobs fund
[Evan Pickworth] The Jobs Fund has approved 54 projects to date and of the 27 contracted projects‚ 65‚121 new permanent jobs will be created‚ chairperson of the fund's investment committee‚ Frans Baleni said on Monday (3 November). Read more >>

Trade deficit widens to R21.2bn
South Africa recorded a trade deficit of R21.2bn in October, the South African Revenue Service (SARS) said on Friday. Read more >>

Green regulations will aid development‚ jobs
[Mark Allix] Trade and Industry Minister Rob Davies told a "manufacturing opportunities" conference in Pretoria on Tuesday (27 November) that new energy efficiency building regulations were an opportunity for industrial development and job creation in South Africa. Read more >>

More Government news...


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