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Manufacturing

Weekly top stories


Packaging in SA is always changing shape
[Mark Allix] If there is one industry where everything is in flux and companies have to re-jig their shapes and formats all the time, it is SA's packaging manufacturers. Apart from constantly changing industry conditions, not least from encroaching rivals, each firm has specific obstacles to get over. Read more >>


Manufacturing
Succession in family firms a difficult issue

Mpho Sibanyoni

A study has found that family businesses are finding it difficult to implement proper succession planning and that most of the future generation of owners have failed to beef-up their academic qualifications. Read more >>

New vehicle sales drop 9.2% to 49‚465 units in May
New vehicle sales in South Africa took a hefty knock in May‚ the National Association of Automobile Manufacturers of South Africa (Naamsa) has reported. Read more >>

Crippling new strike threatens
A new labour strike is looming at a time when South Africa can least afford it. As many as 200,000 workers in the metal and engineering sector could down tools as wage talks deadlock. Read more >>

VW SA produces its 2 millionth engine
Volkswagen Group South Africa's 500,000th EA111 engine rolled off the engine plant production line on Friday, 30 May 2014 marking the 2 millionth engine produced. Read more >>

SAIC appoints new chairman
SAIC, who took over iconic British marque MG and also manufacture the popular light commercial vehicle range of Maxus, named Chen Hong as its new chairman. He was previously the company's president and vice chairman. Read more >>

EU rules against SA citrus ban, imposes stricter import criteria

Paul Vecchiatto

Thousands of jobs were saved last week when the European Union (EU), SA's most lucrative market for its multibillion fruit exporting industry, decided against banning its oranges. Read more >>

Mergence wants wage gap disclosed in annual reports

Evan Pickworth

The highest earners on the JSE are dominated by CEOs of multinational companies‚ with seven CEOs receiving total compensation of more than R60m each during 2013‚ a report by boutique asset managers Mergence showed. Read more >>

Verimark finds import-linked price hikes deter customers

Marc Hasenfuss

It was a case of swings and roundabouts for Verimark in the year to February‚ with the specialist retailer's gain in new operating efficiencies offset by the weaker rand dragging down sales. Read more >>

Adcock Ingram announces decentralisation‚ drop in profit

Charlotte Mathews

Pharmaceutical and healthcare products group Adcock Ingram Holdings would be reorganised into a decentralised structure from 1 July‚ Kevin Wakeford‚ the recently appointed Chief Executive of the group said. Read more >>

Property contributes R191.4bn to SA economy

Alistair Anderson

Listed and unlisted property contributed R191.4bn to the economy in 2012‚ according to a report released by the Property Sector Charter Council. Read more >>

Transnet seeks greater SADC investment in rail networks

Mpho Sibanyoni

Transnet has pleaded with Southern African Development Community (SADC) countries to invest more on railway infrastructure to improve intra-regional trade. Read more >>

Mr Price earnings up 22.4% to 715.1c
South African retailer Mr Price has reported strong earnings growth‚ helped by its customers responding well to the group's fashion value offers. Read more >>

Nampak earnings up 7.4% to 114.3c

Mark Allix

Nampak's interim results for the six months to March saw the rest of Africa markets markedly contributing as the group as it grew overall trading income by 10%. Read more >>

Research on dandelion wins Continental Greentech Award
Continental Tyre and the Fraunhofer Institute for Molecular Biology and Applied Ecology (IME) at the University of Münster in Germany won the GreenTec Award 2014 for their co-development project 'RUBIN - Industrial Emergence of Natural Rubber from Dandelion'. Read more >>


International

Asus launches new 'five-mode' hybrid laptop
TAIPEI, TAIWAN: Leading Taiwanese technology firm Asus unveiled a hybrid device which combines a laptop, tablet and mobile phone in what is being hailed as a "world first". Read more >>

Apple unveils HealthKit, HomeKit and new operating systems
SAN FRANCISCO, USA: Apple has unveiled new operating software it hopes will create a seamless experience for users flitting between its coveted mobile devices and the popular Macintosh computers. Read more >>

IATA predicts airline profits of US$18bn this year
DOHA, QATAR: The International Air Transport Association (IATA) said it expects airline companies to record combined net profit of US$18bn this year. Read more >>

New Samsung phone marks break from Android
SEOUL, SOUTH KOREA: Samsung announced the launch of a new smartphone based on its own operating system, in a step towards independence from the Google Android platform that dominates its popular handsets. Read more >>

Ford recalls almost 1.4 million cars in North America
WASHINGTON, USA: Ford Motor Company has issued safety recalls for nearly 1.4m cars in North America, mostly in the US, to fix potential steering and other problems. Read more >>

Acer launches software 'cloud' service drive
TAIPEI, TAIWAN: Taiwan's Acer has unveiled its cloud service centre as the struggling computer manufacturer seeks to revive its fortunes by diversifying away from the low-margin hardware business. Read more >>

LG launches new flagship G3 smartphone
SAN FRANCISCO, US: LG Electronics went big in style with a flagship G3 smartphone aimed at turning heads away from market dominators Apple and Samsung. Read more >>

Toyota recalls 520,000 vehicles globally
TOKYO, JAPAN: Toyota has recalled about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off. Read more >>


More International


Government

Gigaba outlines new Immigration Regulations
The newly-appointed Home Affairs Minister Malusi Gigaba has outlined the Immigration Regulations, which came into effect on Monday, 26 May. Read more >>

DTI to improve support for film industry
The Department of Trade and Industry (DTI) will continue to improve its incentive scheme for the country's film industry, which contributes R3.5bn to the gross domestic product (GDP). Read more >>


More Government news


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All industry news


Marketing & Media
    Brands they are a-changin' - Louise Marsland
    Coolest brands in SA - BMW, Coca-Cola, Nike, Samsung, Apple
    Four social media marketing trends every marketer must know - Joseph Neusu
    The story of the African consumer - Laine Barnard

    Medical
      Medical aid reforms needed now, say experts
      Medical technology vastly improves patient care - Janine McEwan
      Visiting Brazil - stay healthy

      Retail
        Foschini hikes credit criteria - Zeenat Moorad
        SA youth rate Sandton City the 'coolest' mall
        Online pop-up shop donates all to charity

        Government
          Jo'burg council chambers to get R103m facelift - Penwell Dlamini and Lehlohonolo Tau
          Tributes pour in for Maya Angelou

          Mining
            AMIS confirms presence at Turkey-Eurasia Mining
            Minerals minister unveils mining task team
            Cutifani keynote speaker at Joburg Indaba

            CSI
              Ruyterwacht Senior Centre receives R10,000 from Engen Monte Vista
              Tattoo-a-thon aims to raise R705,000 for CHOC
              Community project enables underprivileged schools to focus on education

              Finance
                Massmart feels 'consumer plight' - Zeenat Moorad
                Standard Bank defends high salaries to executives - Phakamisa Ndzamela
                OUTsurance pleased with OSTI results

                Agriculture
                  Sugar strike set to continue - Stanley Karombo
                  Small-scale maize millers will boost food security

                  Building
                    Investment in Africa's power sectors of paramount importance
                    Pilot Crushtec delivers cone crusher to Ugie Mac Quarry
                    Cape skyscraper is city's first in 21 years - Joan Muller

                    GreenBiz
                      Eco-conference encourages diversification of activities
                      Honorary Rangers celebrate 50th anniversary

                      HR & Recruitment
                        Calls for African leaders to prioritise jobs
                        Honesty is key when searching for a job
                        [BizCareers] Is my experience not targeted enough? - Juliette Attwell

                        Legal
                          Adams & Adams partners recognised by Who's Who Legal
                          Amended Credit Bill will assist consumers
                          COMESA Competition Commission gives update on merger regime - Susan Meyer

                          Property
                            JHI Properties helps 'fresh young talent'
                            Gordhan's appointment to affect property market

                            Education
                              AFDA Durban to host Open Day
                              The IIE gets international stamp of approval
                              University of Pretoria students to represent SA in Mumbai

                              Tourism
                                SA hospitality businesses awarded Certificate of Excellence
                                Lilizela Tourism Awards extends entry deadline
                                The Marly... Poster child for great design - Brian Berkman

                                ICT
                                  Why ERP is one of the most important decisions you'll ever make - Meryl Malcomess
                                  IT needs to stand up to business
                                  Innovation Factory launched in Pretoria

                                  Logistics
                                    Decade of logistics cost information now available
                                    SkyNet partners SAQA to distribute Apply Now! booklets
                                    Boating World experiences growing demand for luxury vessels in Angola

                                    Lifestyle & Entertainment
                                      Artists announced for Durban July
                                      Nominees announced for the MTV Africa Music Awards
                                      New website as Assembly Radio turns two

                                      Automotive
                                        Join the Harley-Davidson World Ride
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