5 Mar 2013

Logistics

 



The taxman cometh

Of course, the big news over the past few days has been Pravin Gordhan's budget speech, which has been dissected and analysed, as usual. Not least of these analyses is that by Nedbank Private Wealth, which provided its observations on the 2013-14 Budget Speech.

Gordhan's budget, as usual, was somewhat of a balancing act, but what taxpayers everywhere would like to see is action, not just words, on corruption, mismanagement and waste. After all, we all realise we have to pay taxes, but we want to see our tax monies being used where it matters - and properly, across the board.

Our planet is our only home, so we'd better do better in looking after it. One way of doing so is through protecting and nurturing biodiversity, which, says minister of water and environmental affairs, Edna Molewa, contributes to economy - she says the benefits derived from biodiversity or ecosystem services are estimated at R73bn, contributing to 7% of South Africa's GDP per annum.

We've heard it all before... this plan and that plan to create jobs - or "job opportunities" - and this time it's the KwaZulu-Natal provincial government that says it will assist in creating 11m jobs by 2030.

Job creation is absolutely vital for the future of this country; some fear the levels of frustration and despair among the unemployed could rise to such levels as to lead to civil unrest. Hence, any plan to create jobs is to be welcomed... but how many have there been, and what successes have they achieved? Governments - provincial and national, need to be wary of over-promising and under-delivering.

Is it the end of the land line? Mitchell Barker says that landline users in South Africa are cutting the cord.

Finally, our not so frugal, but fast and fancy motoring editor Henrie Geyser reckons that the new Ford Fiesta is just that... frugal, fast, fancy.

Rod Baker: Content Director

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Top stories


Editorial news

Aviation

Comair challenge may have wider ramifications
[Nicky Smith] The legal challenge brought by Comair against the government's two-year R5bn guarantee of South African Airways (SAA) could have consequences for how the government chooses to fund parastatals. Read more >>

SAA wins On Time Performance Service Award
PRETORIA: South African Airways (SAA) has won the On Time Performance Service Award from FlightStats, the global leader in flight and airport information services, said the airline on Wednesday, 27 February 2013. Read more >>

Comair heads for court over SAA guarantees
Listed carrier Comair, which operates British Airways flights and low-cost airline kulula, will file papers on Wednesday (27 February) in the North Gauteng High Court to challenge the government's R5bn guarantee extended to loss-making South African Airways (SAA) in October last year, Comair Erik Venter said. Read more >>


Distribution

Clover, Nestle 'water' new brand
[Nick Hedley] Listed consumer goods and products group Clover Industries said last week it bought Nestlé SA's Gauteng-based Doornkloof property, a bottled water manufacturing facility and its water rights for R58m through a new entity formed by Clover SA and Nestlé. Read more >>

Super Group, Safika merger approved
The Competition Tribunal has unconditionally approved the Super Group and Safika merger. Read more >>

Postal strike disrupts services
The postal strike has left university students without textbooks and forced a businessman to cancel a trip. Read more >>

Francois Joubert gives gift of design to 'Gift of the Givers'
In line with the Post Office's 2013 stamps issue, young designer Francois Joubert was tasked with the creation of the Gift of the Givers range of stamps - celebrating a proudly South African NGO, which is hailed as the largest disaster relief group of African origin. Read more >>


Railway

Prasa fleet renewal plan draws fire
Despite earlier opposition to the structure of the Passenger Rail Agency of SA's (Prasa) R123bn fleet renewal plan, executives from the Black Business Council (BBC) hope to cash in. Read more >>

Derailment suspends Maputo coal exports
Coal of Africa said on Thursday (28 February) that it had been advised by Transnet Freight Rail (TFR) of a derailment of 10 wagons on the Maputo (Matola) rail corridor last week that led to all rail traffic between Komatipoort and Maputo being suspended. Read more >>


Shipping

Grindrod in new SA joint venture
[Mark Allix] Oiltanking‚ Grindrod and Calulo Investments said on Friday (1 March) they had agreed to buy Grindrod Tank Terminals‚ a division of Grindrod SA‚ through their South African joint venture company. Read more >>


Transport

Bumper month for vehicle exports in February
[Alexander Parker] Sales of new vehicles increased slightly in February‚ the National Association of Automobile Manufacturers (Naamsa) said on Monday (4 March)‚ but at a much reduced rate. Read more >>

Gautrain transparency questioned
The Gautrain Management Agency has revealed that it will soon be embroiled in a legal battle with its private partner, Bombela, over an alleged lack of transparency about its income. Read more >>

Gautrain gets R861m 'patronage fee'
About 12m Gauteng residents are paying more than R70m a month to keep the Gautrain on its tracks. Read more >>


Africa
US$950m to keep troops in Mali
ABIDJAN, COTE D'IVOIRE: West African nations will need aid worth US$950m to sustain and reinforce a military mission to help fight Islamists in Mali, Ivory Coast's Foreign Minister Charles Koffi Diby said Monday (25 February). Read more >>

More Africa...


Government
Transport spending will rise to R74bn
[Paul Vecchiatto] Overall spending on transport will increase by 9.7% to R74bn according to the National Treasury's Budget Review. Read more >>

Green technology must be priority
Green technology is essential to guarantee South Africa's energy security and reduce reliance on imported oil, Water and Environmental Affairs Minister Edna Molewa said in Pretoria West on Tuesday (26 February). Read more >>

More Indian visitors coming to SA
South Africa could attract more than 100,000 tourists a year from India by 2014, Tourism Minister Marthinus van Schalkwyk said on Monday (25 February). Read more >>

More Government news...


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2013 Biz Trends Report


93 pages
49 contributors
41 contributions

New people on biz

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Global Managing Director at InterBulk
Francois Koen
Logistics Management Graduate
Leo Lin
Oversea Sales at Accuracy Service Co., Ltd.
Ahmed Fawad
Director - Marketing at Buzyb Shipping Agencies
Nomore Paul Garawaziva
Assistant Buyer at Pactrock Trading

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