1 Oct 2013

Logistics

From money to Mxit... Michael Jordaan

Michael Jordaan has joined Mxit. Jordaan is the former CEO of First National Bank and a recent recipient of the CNBC Africa Business Leader of the Year for Southern Africa award, and will join Mxit as chairman of its board of directors.

He says, "It is difficult not to have a sense of pride about a home-grown South African company making such an impact in the social media and mobile space. It was an easy decision to join as chairman and I am looking forward to playing a part in the future of Mxit, both in South Africa and internationally."

Little hurts more than coming up with a great product only to see some swine steal it - which is why it's good news that there is help on hand for brand owners in fighting counterfeiting.

And just to prove women have what it takes when it comes to farming, a young female farmer has reaped two awards for her excellent work at Rethabiseng Sustainable farm. Sphiwe Machika (28), from Rethabiseng in Bronkhorstspruit has won the Provincial Female Farmer of the Year Award and the National Female Entrepreneur of the Year Award.

Another winner - well, a few in fact, have been announced... They are the Eco-Logic Award winners.

Finally, as a man who prides himself on his choice in footwear, our tame motoring editor Henrie Geyser reckons the new Astra looks good with a boot.

Rod Baker, Content Director

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Weekly top stories

SA's newest low cost carrier, FlySafair opens ticket sales
The newest entrant to the low cost air travel market in South Africa, FlySafair, has launched ticket sales between Johannesburg and Cape Town, with its maiden flight scheduled for Thursday, 17 October 2013. Read more >>

Logistics
Get a Masters in Publicity
[Issued by Bizcommunity.com] Originally the main function of the Bizcommunity Press Office was as a simple conduit for company news and to distribute press releases, but since it has evolved and expanded into a hub where clients can monitor performance of their publicity and manage their recruitment advertising. Read more >>  visit press office >>

Awards recognise IMPERIAL Logistics' achievements in driving clients' competitiveness
[Issued by IMPERIAL Logistics] At the 25th annual Logistics Achiever Awards, Imperial Logistics shared the spotlight with its clients as they collected kudos, in the form of one gold and three silver awards, for projects that are driving the competitiveness of several of the country's leading blue chip organisations. Read more >>  visit press office >>


Aviation
SA Express - still trying to figure out its net asset value
[Rob Baker] The most telling bit of information released about SA Express last week, was on page 165 of the Annual Report of the Department of Public Enterprises: "No impairment for the current year for South African Express (SAX) has been provided as the current year net asset value is not available." Impairments are changes in the value of an asset, which are obviously impossible to specify if one does not know what the value of the asset was at the start and end of the period. Read more >>

New low cost airline starts selling tickets
South Africa's latest low cost airline, FlySafair, has started selling tickets despite a competitor threatening court action against it, Beeld reported. Read more >>


Distribution
SA insurers 'need to understand risks in rest of Africa'
[Phakamisa Ndzamela] Professional services firm EY has said that one of the risks faced by SA insurers expanding to the rest of the continent was a lack of detailed knowledge about the insurance environment in various African countries. Read more >>

Truworths slows drive into Africa
[Zeenat Moorad] Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week. Read more >>


Shipping
Tax breaks for shipping
SA's empty registry of locally flagged cargo and passenger ships has prompted treasury to propose a tax break to revive the country's maritime industry and attract vessel owners. Read more >>

SA, Senegal to improve trade relations
President Jacob Zuma left yesterday, 30 September 2013, for his two-day state visit to Senegal, which is aimed at boosting the low levels of trade between the two countries. Read more >>


Transport
New coal railway line expected to ease road damage
The problem of coal trucks tearing up Mpumalanga's roads may soon come to an end following Eskom's announcement that the R5.2bn Majuba railway line near Ermelo will start operating in the next two years. Read more >>

Accident-prone SA Roadlink seeks business rescue
[Samuel Mungadze] The accident-prone and embattled bus company SA Roadlink has filed for business rescue despite denials last month that it was in financial crisis. Read more >>

Gautrain, and its interface with other public transport modes
October is Transport Month and the spotlight falls on the transport industry at the 2013 Johannesburg Truck and Bus Show where debate will revolve around transport and related issues. Read more >>

July volume of goods transported up 3.8 y/y
The volume of goods transported (payload) increased by 3.8% in July this year compared with July last year‚ data from Statistics SA on released on Wednesday (25 September) showed. Read more >>

Carpool Week in October
Carpool Week, taking place from 11-17 October 2013, aims to raise awareness of the social and environmental benefits of carpooling, answer questions around safety and insurance, give tips on sharing best practice and learn from other's experiences. It will also provide South African's with an easy way to find other's to carpool with. Read more >>

DigiCore Holdings' earnings down 74% to 3.3c
Fleet management and vehicle tracking solutions supplier DigiCore Holdings has reported a 74% drop in diluted headline earnings per share (HEPS) to 3.3c for the year to June from 12.7c a year ago‚ saying the results reflect the most difficult period since the group's listing in 1998. Read more >>

Ford Motor Company celebrates milestone
Ford Motor Company recently celebrated a manufacturing milestone for its fuel-saving EcoBoost engines: Two million have been produced globally since the 2009 launch of the engine line. Read more >>


Government

No link between court case and transport bill
The Presidency has reiterated that there is no link between the e-toll court case this week and the signing of the Transport and Related Matters Amendment Bill. Read more >>

E-tolling bill signed into law
President Jacob Zuma has signed into law the Transport Laws and Related Matters Amendment Bill - paving the way for e-tolling, the presidency said on Wednesday, 25 September. Read more >>


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