30 Apr 2013

Manufacturing



Weekly top stories

Change your attitude to paper
The Paper Manufacturers Association of South Africa (PAMSA) called on businesses to change their attitude to paper during Green Office Week (22 to 26 April 2013) by shredding the misconceptions they have about paper. Read more >>


Editorial news

Manufacturing
Change your attitude to paper
The Paper Manufacturers Association of South Africa (PAMSA) called on businesses to change their attitude to paper during Green Office Week (22 to 26 April 2013) by shredding the misconceptions they have about paper. Read more >>

No conflict between NDP and IPAP: Davies
PRETORIA: There is no conflict between the National Development Plan (NDP) and the Industrial Policy Action Plan (IPAP), Trade and Industry (dti) Minister Rob Davies says. Read more >>

Denel Mechem supplies strengthened cabs to protect against landmines
Crew members driving trucks that carry humanitarian support in conflict areas can now enjoy better protection from landmines and roadside bombs because of new cabs manufactured by South African specialist demining company, Denel Mechem. Read more >>


Manufacturing
Steel production falls 12.5%
[Helmo Preuss] South African steel production fell by 12.5% year-on-year (y/y) in March to an estimated 570‚000 tons after dropping by 16.6% y/y in February to 515‚000 tons‚ according to data from the World Steel Association. Read more >>

Seardel earnings weak for the year
Seardel Investment Corporation that it expects its headline earnings for the year to March to be between two cents and six cents are share. This is a sharp drop from the 20,86c a share in headline earnings a year ago. Read more >>

Craft beers - growth modest but sustained
[Adam Wakefield] Blueberry, bacon and banana do not appear to have much in common beyond breakfast and being a useful example of alliteration. Read more >>

Bitumen no longer such a 'sticky' problem
Fed up with an unstable local bitumen supply, construction firms have begun to invest in securing their own supply of the material, which is an essential part of road construction and maintenance. Read more >>

Cigarette sales remain strong for BAT
British American Tobacco's (BAT) revenue for the three months ended March‚ at constant rates of exchange‚ grew by 5%‚ driven by a strong pricing environment. Read more >>

Earnings and market share growth for Clicks
[Zeenat Moorad] Despite constrained consumer spending and relatively low selling price inflation‚ Clicks has strengthened its competitive position and gained market share in all of its core health and beauty markets‚ chief executive David Kneale said on Thursday (25 April). Read more >>

SABMiller appoints new CEO after Mackay diagnosed with brain tumour
Brewery giant SABMiller on Tuesday, 23 April 2013, said Alan Clark will succeed Graham Mackay as chief executive earlier than expected after Mackay was diagnosed with a brain tumour. Read more >>


International
Apple assumes debt to avoid tax payment
NEW YORK, USA: Apple on Monday (29 April) moved towards its first-ever debt issue, filing documents describing plans for bond sales, which would be used to pay dividends in an effort to stem the slide in its share price. Read more >>

Chrysler's profts fall 65%
NEW YORK, USA: Chrysler reported on Monday (29 April) that its profits had fallen by 65% in the first quarter. It blames the weak performance on poor sales in Europe and a number of new product launches. Read more >>

Nepal Airlines buys two A-320s
PARIS, FRANCE: Airbus said on Monday (29 April) it had signed an agreement with Nepal Airlines for the sale of two short- to medium-range A320 planes in a deal worth €140m. Read more >>

Lights, camera, action from AT&T
SAN FRANCISCO, USA: American company AT&T has launched software that allows customers to use smartphones or tablets to activate alarm systems, switch on lights, open doors for guests or adjust the temperature inside the home. Read more >>

Cocoa plundered by Ivorian warlords
NEW YORK, USA: - Warlord military commanders in Ivory Coast are making hundreds of millions of dollars by plundering the country's exports of cocoa and other resources, according to a report by UN experts. Read more >>

Manufacturing revolution with 3D printers
GENEVA, SWITZERLAND: Three-dimensional printing could herald a new industrial revolution as potentially important as the invention of the steam engine or telegraph experts claim. Read more >>

Volvo sales fall, loss reported
STOCKHOLM, SWEDEN: Swedish heavy truck and construction equipment manufacturer Volvo last week reported a quarterly loss as sales plummeted to their lowest since the start of Europe's financial crisis. Read more >>

Honda profits up 73.6% to US$3.7bn
TOKYO, JAPAN: Japanese car manufacturer Honda said last week its net profit for the year to March rose by 73.6% to US$3.7bn, thanks to robust overseas sales, a weaker yen and various cost-cutting measures. Read more >>

Dreamliners return to the skies
TOKYO, JAPAN: Japan's ANA tested one of its modified Dreamliner jets on Sunday (28 April), three months after the worldwide fleet of 787s was grounded, as Boeing set out to reassure passengers that the planes are safe. Read more >>

Apple's buys back shares, pays dividends
SAN FRANCISCO, USA: Apple reported on Tuesday (23 April) that its quarterly profit dipped for the first time in nearly a decade as it squeezed less money from the competitive smartphone and tablet markets. Read more >>

New Xbox to be unveiled in May
SAN FRANCISCO, USA: Microsoft is expected to unveil its successor to the Xbox 360 videogame consoles next month. These devices have evolved into hubs for home entertainment. Read more >>

P&G makes quarterly profit of US$2.56bn
NEW YORK, USA: Consumer goods company Procter & Gamble reported on Wednesday (24 April) that its quarterly earnings topped market forecasts as its net income rose to US$2.56bn in the third quarter of the year. Read more >>

Forget the war, have an ice cream in Idlib
IDLIB, SYRIA: In Syria, a country at war with itself, there is a secret that is kept by members of a single family and can only to be passed on from one generation to the next. Read more >>

Samsung S4 goes to the opera
SYDNEY, AUSTRALIA: The sails of one of the world's most iconic buildings, the Sydney Opera House, were lit up with images shot by ordinary Australians on Tuesday (23 April) for the glitzy "blue-carpet" launch of Samsung's new phone. Read more >>

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2013 Biz Trends Report

93 pages
49 contributors
41 contributions

New people on biz
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Manager at YVR Medivision Private Limited
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Waterman Engineers
Partner at Waterman Engineers
Vinayraj Metal Private Limited
Director at Vinayraj Metal Private Limited
Jay Khodiyar Industries
Partner at Jay Khodiyar Industries

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