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Manufacturing

Weekly top stories
Higher than expected manufacturing will lift growth
[Ntsakisi Maswanganyi] Manufacturing production improved more than expected in December‚ supporting views economic growth would have been higher in the fourth quarter of 2013. Read more >>


Manufacturing
First anniversary at Hisense SA
Hisense, the global manufacturer of consumer electronics and home appliances, is celebrating a year since its manufacturing plant opened its doors in Atlantis, Western Cape. Read more >>

Two-a-Day invests in new packing line
Two-a-Day, Grabouw's most established apple and pear packers, has recently invested in a new Greefa GeoSort packing line which means they will better be able to manage their 7.2 million annual cartons. Read more >>

Nedbank acquires 30% stake in LGB
Nedbank Capital has acquired a 30% equity stake in Little Green Beverages (LGB). The head of Private Equity at Nedbank Capital, Clive Howell, says they are constantly looking for sound investments in various sectors and believe they have found one in LGB. LGB is one of South Africa's leading independent carbonated soft drink manufacturers. Read more >>

Manufacturing
Non-smokers are happier people
Moderate or heavy smokers who quit tobacco get a boost in mental wellbeing that, for people who are anxious or stressed, is equivalent to taking anti-depressants. Read more >>

Tito Mboweni goes, Sipho Pityana takes over
Former Reserve Bank governor Tito Mboweni announced that he is standing down as chairman of AngloGold Ashanti. Read more >>

Black Business Council's Qubeka steps down

Evan Pickworth

Black Business Council's (BBC) chief executive Xolani Qubeka is leaving his post at the end of February‚ the organisation confirmed on Monday (17 February)‚ meaning all three major organised business bodies in South Africa are looking for new and permanent heads. Read more >>

Food and beverages income reaches R4.5bn in December
Total income generated by the food and beverages sector in SA increased in nominal terms (current prices) by 1.4% year-on-year (y/y) to R4.5bn in December‚ Statistics SA's data showed on Monday (17 February). Read more >>

December volume of goods transported down 1.7% y/y
The volume of goods transported (payload) decreased by 1.7% in December compared with the same period in 2012‚ Statistics SA said on Monday (17 February) Read more >>

Nissan's 'answer' for the taxi business
Nissan has re-entered the taxi industry with the launch of the new NV350 Impendulo last week. Read more >>

December mining production up 12%
Mining production rose by 12% year-on-year (y/y) in December after a revised 5.2% (5.1%) y/y increase in November‚ according to data released by Statistics SA. Read more >>

Barloworld upbeat on sales despite downgrade

Nick Hedley

Barloworld's stock has remained resilient this year despite a ratings downgrade by Fitch and share-price weakness among its listed competitors. Read more >>

Tiger Brands' quarterly turnover rises to R7.7bn
Industrial group Tiger Brands says turnover from continuing operations for the first quarter of the current financial year amounted to R7.7bn or 10% higher than the corresponding period last year. Read more >>

SA December retail trade sales up 3.5% y/y
Retail trade sales measured in constant (2012) prices rose by a more than expected 3.5% year-on-year (y/y) in December from a revised 4.4% (4.2%) y/y increase in November‚ figures from Statistics SA showed on Wednesday (12 February). Read more >>

Unsecured lenders ring alarm bells
Alarm bells in the unsecured lending sector rang out once again on Wednesday (12 February)‚ this time triggered by a 10% drop in furniture retailer JD Group's share price‚ which slumped to a low last seen in October 2008. Read more >>

Unemployment levels drop but better education needed

Ntsakisi Maswanganyi

Unemployment fell to 24.1% in the fourth quarter of last year from 24.5% in the third quarter‚ with statistician-general Pali Lehohla calling for "policy intervention" so that education and training can be improved‚ particularly among the youth. Read more >>

Nedbank buys 30% stake in soft-drinks company

Phakamisa Ndzamela

Nedbank's private-equity arm has bought 30% of carbonated soft drinks producer Little Green Beverages for an undisclosed amount and is looking to invest up to R300m in various companies this year. Read more >>

Weaker rand poses threat to 'buy local' say economists

Colleen Goko

The weaker rand poses a looming threat to the drive to encourage South Africans to buy locally produced products‚ say economists. Read more >>

Super Group's earnings climb to 117.1c a share
Logistics group Super Group has reported diluted headline earnings per share of 117.1c for the six months to December, up from 92.2c a year ago. Read more >>

Port partnership may ease congestion

Nce Mkhize

Congestion at the country's ports often results in the loss of millions of rand to South African importers and exporters. Read more >>

Proudly South African eyes loyalty plan
Proudly South African, which encourages the consumption of locally produced products, was in talks with retailers and banks to launch a loyalty programme that would provide rebates to buyers of local products, the organisation's chief executive Leslie Sedibe said on Tuesday, 11 February. Read more >>


International

GM recalls 780,000 sedans with faulty ignitions
NEW YORK, USA: General Motors said it was recalling nearly 780,000 sedans sold in North America for an ignition switch problem that could shut off a moving car's electrical devices, including airbags. Read more >>


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Marketing & Media
New Young Lions PR competition launched
[2014 trends] 2014 Biz Trends Report now available
Word of Mouth will stand the test of time - Tralone Khoza
Free #CreativeHustles event in Johannesburg, Cape Town
Brand relevance and the printing press - Lisa Basson

Medical
Kissing burns calories, so exercise today

Retail
Two new pocket guides for food handlers
Capturing the heart of customers - Andrew Cook
New cyber-shot cameras from Sony
Woolworths to expand Country Road stores in SA - Zeenat Moorad
Pioneer Food's revenue on the rise

Government
Sanral to brief Committee on e-toll system
SAA investigating a body found in aircraft's wheel well
Managers selling jobs up to R3,500 each

Mining
Seamless bend pipes showcased at WAMPEX Expo

CSI
New name, new look for Cape Town NPO
Pampers supports Nappy Run with 10,000 nappies

Finance
High fees can negate retirement annuity benefits

Agriculture
Farmers suffer due to unallocated funds - Afasa
New tools, training could revolutionise pesticide management in W Africa

Building
Lack of infrastructure hampers trade with Africa
NMMU winner of architectural competition announced

GreenBiz
SANParks receives second consecutive clean audit
Wilderness Foundation receives R5m from Shamwari

HR & Recruitment
Universum announces IDEAL Employer Rankings 2013
Two biggest mistakes recruiters make - and how to fix these - Lia Marus
[BizCareers] Standing up and standing out - Juliette Attwell

Legal
Innovative legal services for businesses

Property
Residential house prices on the rise
Rebosis‚ Delta put Ascension deal on hold - Joan Muller
Investor faith in residential property

Education
Call to support aviation programme for youths
'Open Mind' launches in Cape Town

Tourism
A mine of hidden gems - Henrie Geyser: motoring editor
Uptake for new paperless ticketing system
Air Mauritius launches Wellness and Wellbeing Programme

ICT
Prevent your home WiFi from being burglarised - Doros Hadjizenonos
Eastern Cape candidates to benefit from FibreCo training
Telecel denies rumours of disinvestment in Zimbabwe - Samuel Mungadze

Logistics
DHL Exported launched to help local designers
Comair's after tax profitability leaves room for improvement
Learners invited to KZN air festival

Lifestyle & Entertainment
Merger will increase TEAMtalk media's footprint
SA Rugby Annual 2014 now available
MK Awards 2014 winners

Automotive
SA December motor trade sales up 2.6% y/y
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