5 Jun 2012

Manufacturing

 



e-tolls are Outa here... or not...

The Treasury has now - not before time - clarified its estimates of the costs of e-tolling and now they are well below those used by the Opposition to Urban Tolling Alliance (Outa) in its April court application, which relied strongly on the argument that the cost of e-toll collections amounted R20bn.

In a bid to soften the blow for regular users, the government had set a cap of R550 a month per user and is quoted as saying: "Our information is that less than 5% of users are reaching that cap. Toll fees for most people are about R250 a month or below."

They really do not get it, do they?

Every motorist and every trucking company already pays, via the fuel levy in the fuel price, for new roads and road maintenance - and they do not want to pay R550 to use the road, nor R250... in fact, not even a cent extra.

It's fitting that in time for World Environment Week, the GBCSA has launched its Green Lease Toolkit, which they co-developed with the South African Property Owners' Association (SAPOA). The kit was officially launched at the SAPOA International Convention & Property Exhibition in Durban.

So you think you own that mobile? Wrong! If Simon Campbell-Young is correct, you won't own your mobile in future - it will own you.

Finally, and this will make car dealers happy... our motoring editor Henrie Geyser reports that new car sales accelerated to an eight-month high in May, and he also gets "buzzy" on the new BMW ActiveHybrid 5, which he reckons floats like a butterfly and stings like a bee.

Rod Baker, content director

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Manufacturing


Namibia's manufacturers take on SA retail conglomerates
Allafrica.com reports that the 110 members of Namibia's Manufacturers Association (NMA) have called for a high-level closed-door forum to deal with "restrictive business practices" from South African retail conglomerates on stocking local products. Read more >>

SABMiller's strong strategic brew
SABMiller's growth strategy in developing markets has paid off again, countering a weak performance in Europe and a subdued showing in North America. It has enabled the brewer to deliver what CEO Graham Mackay calls a "strong and resilient" performance. Read more >>

AEG builds new PV manufacturing facility in South Africa
Photovoltaics (PV) Magazine Online reports that Netherlands-based AEG Power Solutions Group will expand its South African operations with a new photovoltaic inverter manufacturing facility. Read more >>

Local product supports SA's clothing industry
Cancellations are rampant within the South African clothing industry because many retailers buy up to 20% more product than they require, due to under-delivery by suppliers or manufacturers, iSync Solutions - a South African market leader in job costing and project management software - says in a statement published via ITWeb. Read more >>

SA to become Africa's locomotives manufacturer, Molefe
According to Allafrica.com, Transnet chief executive Brian Molefe said that South Africa is on track to become a manufacturer of locomotives for the rest of Africa. Read more >>

Industry short of NGP's 5-million new-jobs goal
The South African office of the United Nations Development Programme (UNDP), Business Unity South Africa (Busa) and the Black Business Council (BBC) said they believed the government's New Growth Path strategy goal of 5-million new jobs in the next decade, was in jeopardy. Therefore, they signed a memorandum of understanding to conduct global studies into local procurement before creating a programme that could boost job creation, Business Day reports. Read more >>

Nampak, Nedbank enter into R1bn loan agreement
Nedbank Corporate Banking and Nampak have entered into a R1 billion, five-year term loan in a continued drive to support the company's growth aspirations particularly in the glass sector. This follows on Nampak's successful acquisition of the remaining 50% stake in Nampak Wiegand Glass. Read more >>

Chintsa Crafters are testing SA's bamboo market
Five crafters from an east coast resort near East London are helping to assess the readiness of the South African market for bamboo products as development financier, the Eastern Cape Development Corporation (ECDC), continues with the implementation of one of its strategic agro-processing initiatives, bamboo. Read more >>

Manufacturing


Kagiso PMI stable at 53.6 in May
The seasonally adjusted Kagiso Purchasing Managers Index (PMI)‚ which is a key leading indicator for activity in the manufacturing sector‚ remained relatively stable at 53.6 index points in May from 53.7 in April‚ pointing to contained activity in the sector. Read more >>


Government
Broad support for National Development Plan - Manuel
South Africans from all walks of life have offered broad support to a draft of the National Development Plan since it was released for public comment in November last year, says Minister in the Presidency Responsible for Planning, Trevor Manuel. Read more >>

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