15 Jan 2013

Manufacturing

 



Welcome back

Well, Mangaung has come and gone - as has the end of the world, the festive season and New Year, and we've survived them all and now we're back on stream with our newsletters.

Taking centre stage has been the violent protests by farmworkers in the Western Cape. These protests need to be brought to an end; they're damaging Brand SA and have the potential to seriously curb exports (and hence foreign earnings) as customers overseas turn to more reliable suppliers.

On the education front, the Matric pass rate increased to 73.9% but critics are asking whether a requirement of 30% to pass is enough to equip school-leavers with an adequate standard of education. Many employers reckon not - they're prepared to train new staff in the roles the new recruits will have to take up in the company - but those recruits need to be literate and enumerate to a level that will enable them to acquire and apply their new knowledge properly.

If you're in business, you're in IT... perhaps not directly, but every time you use a computer, you're operating within the IT world. So what are the 23 business attitudes to IT security you should be looking at? Kaspersky Lab research has some answers for you.

Finally, for all you petrol heads out there, our scorchingly good-looking motoring editor Henrie Geyser takes you for a drive in the Mercedes SL 500 and shows off his tough, rugged side with the Land Cruiser 70 double cab.

Rod Baker: Content Director

Submit your company news to manufacturingnews@bizcommunity.com. Exclusive contributions may be sent to contributors-manufacturing@bizcommunity.com.

Top stories


Editorial news

Manufacturing

MBA schools filled and over-flowing
The master's in business administration (MBA) remains one of the most sought-after business degrees and applications at many top schools outstrip the availability of spaces enrollment this year. Read more >>

SA November manufacturing production up 3.4%
Manufacturing production increased by 3.4% year on year (y/y) in November after an upwardly revised 2.7% (2.5%) year-on-year rise in October‚ data released by Statistics SA on Thursday, 10 January 2013, showed. Read more >>

Manufacturing output up in final quarter of 2012
Manufacturing production increased in November suggesting that its contribution to fourth quarter economic growth might be better than expected. Read more >>

Mondi puts €128m into Ružomberok mill
Mondi SCP has announced plans to invest €128 million in green energy projects at its Ružomberok mill in Slovakia. Read more >>

Top 10 New Year's resolutions for employers
[Johan Botes] Here are some resolutions for 2013 for you that you, as an employer, may well find useful. Get them right now - and avoid any unpleasant surprises during the year. Read more >>


Manufacturing

New vehicle sales beat forecast in 2012
[Henrie Geyser: motoring editor] New vehicle sales increased to 623,914 units last year which is a growth of 9.2% over 2012 and 2% more than expected by automobile industry body NAAMSA. The 2012 total does not include 7,794 units sold by Great Wall Motors. Read more >>

Weaker rand boosts manufacturing
[Mariam Isa] Manufacturing is likely to have extended a modest revival early in the year, supported by a pick-up in exports, the weaker rand and the effects of the end of a wave of strikes in the mining sector. Read more >>

Regional plan to boost copper exports
[Nicky Smith and Mark Allix] Transnet Freight Rail hopes to finalise an agreement next month on rail co-operation between South Africa‚ Zambia‚ Zimbabwe and the Democratic Republic of Congo‚ allowing the copper-rich countries to increase exports through Durban. Read more >>

Cipla won't litigate with Smith via the media
[Tamar Kahn] SA's third biggest generic drug manufacturer Cipla Medpro on Friday (11 January) issued a brief statement saying that it would not litigate via the media despite the "provocative and misleading allegations" made by its former chief executive Jerome Smith. Smith resigned last October‚ on the eve of a disciplinary inquiry against him. Read more >>

Slight rise in jobs in December says Adcorp
Employment in South Africa increased by an annualised rate of 0.8% in December‚ showing there were 12‚556 new jobs according to the latest Adcorp employment index that was published on Thursday (10 January). Read more >>

Astrapak investigating fire at its factory
[Mark Allix] Astrapak confirmed on Wednesday (9 January) that its East Rand plastics operation was damaged in a fire on Tuesday afternoon (8 January). It said full investigations were already underway by the company and its advisers. Read more >>

Western Cape farm workers on strike
The Western Cape braced itself for another round of agricultural strikes starting on Wednesday (9 January) amid fears that the protests may turn violent. Read more >>

Cutifani welcomed by industry but NUM moans
The Chamber of Mines and its mining company members have welcomed the appointment of Mark Cutifani as chief executive of Anglo American but the National Union of Mineworkers says it is disappointed because it's an "old boys club" appointment. Read more >>

Modest growth for manufacturers this year
[Ntsakisi Maswanganyi] Manufacturing the economy's second-biggest sector, should perform much better this year but is unlikely to contribute meaningfully to employment, given the difficulties that still plague it, says Stewart Jennings, chairman of the Manufacturing Circle, an industry body. Read more >>

Cipla sued by former CEO Jerome Smith
[Tamar Kahn] A multi-million-rand pay dispute triggered the suspension and resignation last year of Cipla Medpro's chief executive, Jerome Smith‚ according to papers he filed in the Labour Court. Read more >>

Business confidence improves
Business confidence in December 2012 improved to 93 points from 91.7 points in November 2012, said the SA Chamber of Commerce and Industry (Sacci) on Wednesday. Read more >>

No room for government to cut taxes
[Helmo Preuss] Slowing domestic growth‚ a shortfall in the collection of individual and company taxes and strike action in key economic sectors will prevent government introducing tax cuts to provide some economic stimulus and could leave the South African Revenue Service (SARS) having to adapt their tax collection focus in 2013‚ Nazrien Kader‚ Deloitte's national taxation service line leader said on Wednesday (9 January). Read more >>

Mobile devices outpace older computers
LAS VEGAS, USA: The global technology industry has become a tale of two sectors, with mobile devices surging at the expense of older electronics that are struggling, a forecast shows. Read more >>

Toyota won't build new plants for three years
TOKYO, JAPAN: Japan's Toyota Motor has decided to halt construction of new factories for the next three years in a shift from its previous policy of building new plants almost every year, reports said Sunday (6 January). Read more >>

Retail shares do well in 2012
[Zeenat Moorad] Retail shares had a stellar run in 2012 as the seemingly insatiable appetite of foreign investors continued to drive valuation‚ boosted by hype around Africa's growth prospects. Read more >>

US town bans bottled water
NEW YORK, USA: A town in the US has banned single-serving bottled water in an attempt to curb the sale of plastic bottles and reduce pollution in the state of Massachusetts. Read more >>

Nestle remains a target in Zimbabwe
[Tawanda Karombo] International refined foods manufacturer Nestle invested US$12m into its Zimbabwean operations in 2012 despite the uncertainty surrounding its future in Zimbabwe as the government has not yet decided upon its indigenisation compliance plans. However‚ the Swiss company has reiterated its commitment to its operations in the country. Read more >>

Bumper 2012 for vehicle sales
[Alexander Parker] Motor vehicle manufacturers, retailers, sales and marketing executives in South Africa will look back on 2012 with some satisfaction after sales levels recorded about 10% growth this year. Read more >>

LG selling new generation TVs
SEOUL, SOUTH KOREA: South Korea's LG Electronics started selling new generation television sets on Wednesday (2 January) that use organic light-emitting diodes (OLED) that the company hopes will give it an edge of its giant rival Samsung. Read more >>

Apple drops patent claim against Samsung
NEW YORK - Apple has agreed to drop its patent claims against Samsung's Galaxy S III Mini after the South Korean rival said it would not sell the gadget in the United States, according to a court filing lodged last week. Read more >>

Poor local marketing 'fails mobile apps'
[Alistair Anderson] Mobile device applications (apps) are not marketed well enough in South Africa to make substantial money for their developers or companies, according to World Wide Worx. Read more >>

EU slump cost SA US$15bn
[Mariam Isa] Businesses in SA estimate that revenues have fallen by US$15bn as result of the eurozone 's sovereign debt crisis‚ according to a report released on Tuesday (18 December) by Grant Thornton. Read more >>


International
Samsung sells 100m smartphones
SEOUL, SOUTH KOREA: Samsung Electronics said on Monday (14 January) that global sales of its flagship Galaxy S smartphones had topped 100m since the first model debuted in 2010, cementing its dominant position over US rival Apple. Read more >>

Smartphone: a remote control for your life
LAS VEGAS, USA: It can talk to your car, your refrigerator, water your plants and help you stay fit and healthy: the smartphone is become the consumer's remote control for life. Read more >>

Rumours of a cheap iPhone abound
SAN FRANCISCO, USA: Reports echoing online on Tuesday (8 January) fuelled speculation that Apple is tailoring a low-price version of the iPhone for China and other emerging markets. Read more >>

Garlic smugglers make millions
STOCKHOLM, SWEDEN: Two British men are believed to have made millions of euros in just over a year by smuggling Chinese garlic from Norway into Sweden, a prosecutor in Gothenburg said. Read more >>

Video games to get 'clouded' in 2013
LAS VEGAS, USA: Videogames are moving further into the Internet cloud with new devices and services unveiled at the big Consumer Electronics Show in Las Vegas this week. Read more >>

Lagarde says global uncertainty limits Africa growth
[Ntsakisi Maswanganyi] Continued global uncertainty‚ coupled with internal factors such as drought and associated food shortages‚ threaten Africa's economic growth prospects‚ warns International Monetary Fund's (IMF) managing director Christine Lagarde. Read more >>

Mercedes sets new sales record for 2012
BERLIN, GERMANY: Luxury German car manufacturer Mercedes-Benz said on Friday (4 January) it had achieved record sales in 2012, driven by accelerating growth in China and the United States. Read more >>

Kirin to sell Tokyo building to reduce debt
TOKYO, JAPAN: Japanese beverage giant Kirin has decided to sell its Tokyo headquarters in order to reduce debts as it aggressively buys foreign firms in a bid to expand its global reach, a report said Sunday (6 January). Read more >>

Kirin to sell Tokyo building to reduce debt
TOKYO, JAPAN: Japanese beverage giant Kirin has decided to sell its Tokyo headquarters in order to reduce debts as it aggressively buys foreign firms in a bid to expand its global reach, a report said Sunday (6 January). Read more >>

Renault invests €50m in Algerian plant
PARIS, FRANCE: Renault will invest €50m in its first assembly plant in Algeria, aimed at the oil-rich country's booming market, the group told AFP on Thursday (20 December). Read more >>

More International...


Government
Lower tax collection may hurt companies
[Amanda Visser] The warning bells for tax collections had already rung in October when Finance Minister Pravin Gordhan announced collections for the 2012-13 tax year were expected to be R5bn less than budgeted. Read more >>

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