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Manufacturing

Weekly top stories


Manufacturing activity rebound lifts GDP
[Ntsakisi Maswanganyi] Economic growth expanded more than expected in the fourth quarter of last year supported by a resumption in manufacturing sector activity following strikes in the third quarter. Moderate growth in all other sectors except electricity‚ gas and water contributed to the rise. Read more >>


Manufacturing
Emerging-market operations provide buffer for Mondi

Mark Allix

Mondi reported a record financial performance in the year to December‚ with underlying operating profit rising 22% and underlying earnings rising by 37% in the period. Read more >>

SA takes second place on African Transformation Index
South Africa has come second after Mauritius on the African Transformation Index released on Monday (3 March 2014)‚ indicating its economic transformation is better than most other African countries. Read more >>

SA's vehicle sales down 3.1% y/y
South African vehicle sales declined 3.1% to 51‚814 units in February from the similar period a year earlier‚ according to the latest figures from the National Automobile Association of SA (Naamsa)‚ which warned of tough times for the domestic market this year. Read more >>

Astral Foods achieves big jump off low base

Nick Hedley

Astral Foods said on Monday (3 March) it expects a 215% jump in earnings for its six months ending March‚ though the poultry producer stressed that this comes off a low base. Read more >>

Kagiso PMI up from 49.9 to 51.7
Activity in the manufacturing sector picked up in February‚ according to the latest Kagiso purchasing managers index (PMI). Activity was boosted mainly by an improvement in the new sales orders index. Read more >>

BAT manages 4% increase in revenue

Marc Hasenfuss

Cigarette brands conglomerate British American Tobacco (BAT) showed its pricing power prowess‚ managing a 4% hike in revenue to £15.3bn (around R273bn) in the year to end December despite a decline in volumes. Read more >>

Grindrod makes progress with its logistics supply chains

Mark Allix

Grindrod continued to make "meaningful progress" last year in improving and expanding its integrated logistics supply chains along key commodity corridors. Read more >>

SA's car industry ambitions may crash

David Furlonger

The South African motor industry's vision of building 1.2m vehicles a year by 2020 is almost certainly unachievable‚ Rick Hanna‚ the head of global consultancy PwC's automotive division‚ said. Read more >>

Firefox to power US$25 smartphone
BARCELONA, SPAIN: Firefox OS, an new smartphone operating system aimed at challenging Apple and Google, will power a new category of US$25 smartphones for developing countries, the California-based non-profit Mozilla Foundation said. Read more >>

Loss-saddled Sony to sell its Tokyo buildings
TOKYO, JAPAN: Sony will sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to improve its bottom line. Read more >>

Smartphones dissect lives of navel-gazing owners
BARCELONA, SPAIN: Precisely how many steps have you taken today? Exactly how fast is your heart beating? How clean are your teeth? Read more >>


International

Brutal winter weather freezes US car sales
CHICAGO, USA: Brutal winter weather chilled US car sales in February, with General Motors and Ford reporting losses even as rival Chrysler extended a winning streak. Read more >>

Siri gets a seat in iPhone-friendly cars
Android tops the tablet market says Gartner
WiFi in the sky set for takeoff
Nokia, BlackBerry, Motorola search for lost glory
Nokia's new Android smartphone despite Microsoft
Samsung launches flagship Galaxy S5 smartphone

More International


Government

More must be done for black participation in the economy
With South Africa celebrating 20 years of freedom this year, more has to be done to ensure the entry of black people into big business, says President Jacob Zuma. Read more >>

Budget anchored on economic growth
Despite the sluggish local economic growth brought about by the 2008 global recession, Finance Minister Pravin Gordhan has not gone back on his 2013 growth projections. Read more >>

Overview of Gordhan's budget
Finance Minister Pravin Gordhan has announced a large expenditure plan that will be anchored around the National Development Plan (NDP). Read more >>

Fund boosts plan to grow industrialists
Plans to use private and public sector funds to create black industrialists gained momentum with the launch last week of an initiative to support small enterprises in the manufacturing sector. Read more >>

Fisheries official 'recalled'
KZN to allow Sunday alcohol sales
Granfield abattoir's production sharply higher

Samona Naidu

146 rhinos poached this year

More Government news


Jobs offered




All industry news


Marketing & Media
    A media guide to the Oscar Pistorius trial - Shamin Chibba
    Oscar trial - Media circus or fair reportage? - Marion Scher
    Sleazeball marketing... or not? - Janine Lazarus
    Attack the Goliath, be the David of PR agencies - Zimaseka Njomi

    Medical
      New research on HIV-neutralising antibodies
      Simple solutions to managing health information

      Retail
        Budget favours SMES, wine industry
        The Clothing Bank expands to Midrand
        Massmart 2013 sales rise 9.8%; all divisions perform - Zeenat Moorad

        Government
          Plan to boost SA's skills base
          ICT policy must include all South Africans

          Mining
            CSMI appoints new director
            WearCheck opens laboratory in Ghana

            CSI
              Kumba gives bursaries to Postmasburg learners
              Soweto school receives library from SARU
              FirstRand's CSI That Works addresses gender-based violence

              Finance
                Old Mutual sees strong customer growth - Gillian Jones

                Agriculture
                  Agriculture central to fighting poverty, unemployment
                  ASUF conference aims to unite agriculture

                  Building
                    GBCSA certifies 50th Green Star building
                    Basil Read's two projects worth more than R400m - Mark Allix
                    Woodglaze Trading fined R1.4m by NHBRC

                    GreenBiz
                      Conference will focus on legalising rhino horn trade
                      Measures to improve energy efficiency

                      HR & Recruitment
                        [BizCareers] Unpaid dogsbody - it's never OK! - Juliette Attwell
                        Tips for self-promotion at the workplace
                        Maximising social media channels for talent management - Yolandi Nortje

                        Legal
                          Cliffe Dekker Hofmeyr voted best in Africa
                          China's new trademark laws a boon for SA companies - Donvay Wegierski
                          Adams & Adams named best IP law firm

                          Property
                            Assest do not necessarily assist in obtaining a bond award
                            Joburg blue-chip companies relocating

                            Education
                              School for visually impaired receives specialised computer lab - Siphiwe Nyathi
                              Meet PLOXXI the cardboard computer
                              Cutting education costs without compromising quality

                              Tourism
                                Wine, dine and recline with Food Routes
                                Explorer Club launches affordable African adventures
                                "Heavyweight" brands sign for inaugural WTM Africa

                                ICT
                                  MTN and Ericsson to trial new Radio Dot System
                                  Lower interconnect fees benefit consumers
                                  Telkom says MTN, Vodacom working against SA's interests - Carol Paton

                                  Logistics
                                    Concern grows over rising piracy off West Africa

                                    Lifestyle & Entertainment
                                      Dreamshade to tour SA
                                      Hitting the right note - Eugene Yiga
                                      Get into the Groove with Glenfiddich

                                      Automotive
                                        BP showcases latest generation diesel fuel
                                        Technology trumps performance for many car buyers
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