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| Poultry producer Astral Foods reported a 308% jump in diluted headline earnings per share to 386c for the six months to March‚ but the strong results come off a low base compared with the prior interim period. Read more >>
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| Issued by Siyenza For the manufacturing sector in South Africa to grow, certain challenges that pose a threat to this growth, such as the difficult labour relations and the lack of consistent power supply, need to be alleviated. These issues will be addressed at the inaugural Manufacturing Indaba at Emperors Palace on 19-20 May. Read more >>
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| Issued by Siyenza The City of Ekurhuleni, in association with Siyenza, is pleased to announce its partnership with the inaugural Manufacturing Indaba, being held at Emperors Palace, Ekurhuleni on 19 and 20 May. Read more >>
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| Two of Africa's manufacturing trade shows; South African Automotive Week (SAAW) and AfriMold have announced a co-hosting agreement for 2014. Both shows will be hosted at Gallagher Convention Centre between 13-17 October 2014 at the Gallagher Convention Centre in Midrand, Johannesburg. Read more >>
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| As international focus shifts to Africa as a growing global player, the continent's manufacturers are ready to take advantage of the growing interest at Source Africa, the Textile, Apparel and Footwear trade event taking place in Cape Town from 18-20 June 2014. Read more >>
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| Alistair Anderson Diversified industrial group‚ Barloworld grew its revenue 5% to R29.9bn in the six months to March‚ boosting headline earnings per share by 10% to 336c. Read more >>
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| Grand Parade, the company responsible for bringing Burger King to SA‚ said it bought a further 32.9% stake in Mac Brothers for R42.790m‚ to achieve cost efficiencies and gain greater access to the African markets. Read more >>
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| Zeenat Moorad Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana. Read more >>
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| Pioneer Food Group has reported a 41% rise in adjusted headline earnings per share to 325c from its continuing operations for the six months to March. Read more >>
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| KPMG has released its 2014 Global Manufacturing Outlook (GMO), which indicates that manufacturers should look to improve profitable growth through innovation, collaboration and supply chain integration, in an 'era of disruptive complexity'. Read more >>
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| David Furlonger A new vehicle assembly plant, building buses for the Putco commuter transport company, is due to start production in July. The operation, a joint venture between Putco shareholder Larimar and Italian-owned truck and bus company Iveco SA, will create up to 1,000 jobs. Read more >>
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| Eskom on Thursday warned of a "severely constrained" power system due to the unavailability of some of its generating units. Read more >>
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| Motor trade sales (measured in nominal terms and at current prices) increased by 2.9% year-on-year in March‚ from 3.5% in February Statistics SA reported. Read more >>
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| Nick Hedley The South African cement market will again receive a capacity boost with the entrance of Mamba Cement‚ which is being partly funded by Chinese capital. Read more >>
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| Plastic packaging group Astrapak reported a diluted loss per share of 32.9c for the year ended February from headline earnings per share of 10c in the previous year. Read more >>
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| Shipping and logistics group Grindrod has been a big spender on infrastructure for some time. Growing its network of port and rail operations allows the group to diversify away from international shipping, a notoriously cyclical business. Read more >>
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| WASHINGTON, USA - South Korean car manufacturer Hyundai is recalling 140,000 vehicles in the United States and Puerto Rico because of an air bag problem, according to documents filed with US safety regulators. Read more >>
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| The fingerprint authentication technology that has been added to Samsung Galaxy S5 and Apple iPhone 5S smartphones could boost online shopping and e-commerce in SA, says Fontera Digital Works Chief Executive Simon Leps. Read more >>
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| TOKYO, JAPAN: A Japanese court ruled that Samsung could seek minimal damages from Apple for patent infringement, with both sides claiming victory in the legal skirmish over the design of their smartphones. Read more >>
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| MOSCOW, RUSSIA: A Russian rocket carrying its most advanced communication satellite to date fell back to Earth minutes after lift-off in the latest blow to the country's once-proud space industry. Read more >>
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| NEW YORK, USA: - General Motors announced the recall of another 2,9m vehicles worldwide but 2,71m of them are in the United States and about 200,000 in other parts of the world. Read more >>
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| STOCKHOLM, SWEDEN: Volkswagen, Europe's biggest car manufacturer, was set to take full control of Swedish truck manufacturer Scania after a small but crucial shareholder agreed to sell its shares. Read more >>
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| SAN FRANCISCO, USA: Google's internet-linked eyewear - hotly anticipated by some, feared by others - is now available to anyone in the United States with $1,500 to spare and a yen to become an "explorer." Read more >>
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More International
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| Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson has distanced herself from her department's actions that have allowed two politically connected companies to benefit to the tune of R50m in fishing licences. Read more >>
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More Government news
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- Corobrik appoints director of sales - more info
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