28 May 2013

Manufacturing

Whale watching? Watch out!

"Hello? Hello? Hellllooooo? Ah! Is that Tina? Listen, I want to go and watch some whales off Hermanus... is that OK with you..?"

Bureaucracy going overboard... According to University of Cape Town mathematician Doug Butterworth, at present, "any member of the public, engaged in, for example, whale watching, would be guilty of an offence unless they had received personal permission from the minister to do so."

Investors are a wary bunch... they don't like uncertainty and nor do they like strikes, wildcat (and violent) strikes in particular. Employers feel the same way, so Zuma is talking sense when he says that embarking on wildcat strikes is no way to advance interests of the poor.

Gotcha Gupta... Now let's see... the plane in question - you know, that one - landed at Waterkloof air base on 30 April. So it took the Indian High Commission almost a month to find out/declare that the Gupta's party plane was on "official business". One might have expected such information to have been at the commission's fingertips...

On to money matters, according to Quinton Mtyala and TJ Strydom, Oscar Pistorius is haemorrhaging money four months after he fired the fateful shots that killed his girlfriend, Reeva Steenkamp and sent his life into a tailspin.

Would you buy a used car from this man? You bet, because Henrie Geyser, our tame motoring editor, knows what he's talking about when he says you need to step carefully when buying a car. As a bonus, he also has a few motoring reviews for you of the latest models designed to make your credit card bleed.

Rod Baker, Content Director

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Weekly top stories

Manufacturers need global integration
During the latter years of apartheid, SA built more tanks than any other country on earth. Factories around the country churned out tens of thousands. Read more >>
Clarity sought on TE's manufacturing role
[Nicky Smith]
Steel production down by 15.1%
[Helmo Preuss]

Manufacturing
TASA CEO to make important announcement at Afrimold 2013
TASA is proud to be co-host to the AfriMold 2013 Conference at this year's fourth annual exhibition, which will be held at the NASREC Expo Centre from 4-6 June 2013. The conference aims to present opportunities for both toolmakers and buyers of tooling products to network with key players in the industry Read more >>

Sasol 'profiteering' from plastic sales
[Amanda Visser] Sasol Chemical Industries (SCI) was making excessive profits from its propylene and polypropylene sales in SA and its position of a low-cost producer should have been reflected in its prices‚ the Competition Commission's former chief economist‚ Simon Roberts said on Tuesday (21 May). Read more >>


Manufacturing
Africa must make better use of resources
[Mariam Isa] Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May). Read more >>

Clarity sought on TE's manufacturing role
[Nicky Smith] Two of SA's largest rail engineering firms have expressed concern about the dominant role state-owned Transnet Engineering (TE) looks set to play in the country's R324bn rail investment plan with one firm describing the state's approach to partnering with the private sector in infrastructure investment as "schizophrenic". Read more >>

Famous Brands makes R462m in profits
Famous Brands on Monday (27 May) reported a 22% rise in headline earnings per share to 339 cents for the year ended February, up from 278 cents a year ago. Diluted HEPS were 23% higher at 335 cents a share. Read more >>

Cheeses solve retirement woes
Rina Belcher was working for a pension fund when she did a financial exercise to work out her retirement income and realised she was in trouble. "I told my husband, Norman, we've got to do something," she says. Read more >>

Manufacturers need global integration
During the latter years of apartheid, SA built more tanks than any other country on earth. Factories around the country churned out tens of thousands. Read more >>

Court rules in favour of Redisa
Government's waste tyre recycling plan is back on track after a Supreme Court of Appeal ruling on Thursday (23 May). Read more >>

Beer sales keep SABMiller's profits flowing
[Zeenat Moorad] Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March. Read more >>

Steel production down by 15.1%
[Helmo Preuss] South African steel production fell by 15.1% year-on-year (y/y) in April to an estimated 570‚000 tons after dropping by 16.6% y/y in February to 515‚000 tons‚ according to World Steel Association data. Read more >>


International

Mobile app helps remove racist graffiti
PARIS, FRANCE: A French anti-racism association is launching a mobile application it hopes will help eradicate racist graffiti by enabling users to take photos of offensive tags, geo-locate them and get them removed. Read more >>

Nissan recalls 841,000 Micras and Cubes
TOKYO, JAPAN: Nissan said Thursday (23 May) it would recall some 841,000 compact cars worldwide because of a problem with the steering wheel. Read more >>

Kindle now available in 170 countries
NEW YORK, USA: Online retailer Amazon said on Thursday (23 May) that it is expanding sales of its Kindle tablet computers to "over 170 countries and territories around the world", and its Appstore to almost 200 countries. Read more >>

Vitamin C kills tuberculosis cells
PARIS, FRANCE: Scientists said on Tuesday (21 May) they had managed to kill laboratory-grown tuberculosis (TB) bacteria with good old Vitamin C, an "unexpected" discovery they hope will lead to better, cheaper drugs. Read more >>

More International


Government

Tolls needed to pay road bills
[Linda Ensor] The non-collection of toll fees could negatively affect the South African National Road Agency Limited's (Sanral's) ability to raise capital for infrastructure development projects‚ Transport Minister Ben Martins said in the National Council of Provinces on Wednesday (22 May). Read more >>

More Government news


Upcoming events

AfriMold Manufacturing Trade Fair
AfriMold - 4 Jun 2013 to 6 Jun 2013 Johannesburg


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