1 Oct 2013

Manufacturing

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

Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your industry-specific news and event invitations to manufacturingnews@bizcommunity.com, exclusive opinion pieces to contributors-manufacturing@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news".



Weekly top stories

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 >>

Manufacturing
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 >>


Manufacturing
Numsa mulling over proposals says RMI
The National Union of Metalworkers of SA (Numsa) is considering a new pay offer for members in the automotive industry, employer group RMI said on Monday (30 September). Read more >>

Davies raises chicken import tariffs
[Linda Ensor] Trade and Industry Minister Rob Davies has come to the rescue of SA's "bleeding" poultry industry by significantly increasing the import tariffs on five categories of imported chickens. Read more >>

Astrapak earnings down 51.2% to 10.7c
Packaging group Astrapak reported a 51.2% drop in headline earnings per share (HEPS) to 10.7c in the six months to August‚ from 21.7c in the same period a year ago. Read more >>

York Timber HEPS down 21.4% to 33c
Forestry group York Timber Holdings on Monday (30 September) reported a 21.4% decline in headline earnings per share (HEPS) for the year to June. 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 >>

Deals indicate an agricultural sector in flux
[Marc Hasenfuss] The long-awaited consolidation of SA's fragmented agribusiness sector has finally got under way with some vigour. Read more >>

SA's final maize forecast up 1.8% to 11.72m tons
SA's maize harvest forecast for 2013 has been settled at 11.72m tons this month‚ up 1.8% from last month‚ the crop estimates committee (CEC) said on Thursday (26 September) in its final production estimate report for the season. Read more >>

AngloGold's Kibali starts early‚ within budget
AngloGold Ashanti said on Wednesday (25 September) that the Kibali Gold Mine‚ a joint venture with Randgold Resources‚ has successfully delivered its first gold early and within budget. Read more >>

Maize crop unchanged at 11.5m tons
This year SA's maize harvest is expected to settle at 11.5m tons according to an I-Net Bridge survey of traders. It is unchanged from August. Read more >>

Kloppers may get R151m parting gift from BHP Billiton
[Brendan Ryan] BHP Billiton's former chief executive Marius Kloppers retires officially at the beginning of October and stands to receive awards of company stock worth a total of about R151m during the four years since his departure. Read more >>

BMW loses appeal on replacement parts
[Rowan Forster] On 18 September 2013, the Supreme Court of Appeal handed down its decision in the case of BMW vs Grandmark. Read more >>

Amcu reads riot act to Amplats over plan to cut jobs
[Karl Gernetzky] Members of the Association of Mineworkers and Construction Union (Amcu) will strike at Anglo American Platinum (Amplats) this Friday (27 September)‚ with rival union‚ the National Union of Mineworkers (NUM)‚ saying it will also consider industrial action over job cuts by the company. Read more >>

Gold Fields' shares drop amid various allegations
[Sikonathi Mantshantsha] As the JSE's all share index has claimed record highs almost weekly since the beginning of the year, shares in mining company Gold Fields have halved in value on the back of a struggling gold price and heightened labour tensions. Read more >>

Absa says farmers make less as costs rise
[Hopewell Radebe] The net income of some farms‚ especially those owned by small-scale farmers‚ has deteriorated substantially over the past decade compared with the total cost ratio‚ with a serious effect on the potential recovery rate of farmers should they fail‚ according to Absa's agriculture business unit. Read more >>

Anglo agrees revised terms for sale of Amapá to Zamin
Resources group Anglo American has agreed revised terms for the sale of the Amapá iron-ore operation in Brazil to Zamin. Read more >>

Tesco unveils its own tablet computer
LONDON, UK: Britain's biggest retailer Tesco has unveiled its first tablet computer, as the supermarket chain seeks to boost flagging sales in its domestic market. Read more >>


International

Siemens to cut 15 000 jobs next year
BERLIN, GERMANY: German engineering and technology company Siemens said it plans to cut 15,000 jobs worldwide by late next year as part of a cost-cutting drive. At least 5,000 jobs will be lost in Germany itself. Read more >>

Volkswagen to de-list from London Stock Exchange
FRANKFURT, GERMANY: German manufacturer Volkswagen plans to withdraw its shares from trading on the London Stock Exchange later this month. Read more >>

Olympus pays investors US$2.6m over accounting scandal
TOKYO, JAPAN: Japanese camera company Olympus agreed to pay US$2.6m to settle a US investor claim stemming from a huge accounting scandal that hammered its shares. Read more >>

Panasonic to abandon consumer smartphones
TOKYO JAPAN: Japanese electronics company Panasonic says it will abandon research into new smartphones for retail consumers at home as it struggles to make inroads in a sector dominated by Apple and Samsung. Read more >>

Amazon's new Kindle has a 'Mayday' button
NEW YORK CITY, USA: Amazon unveiled its upgraded Kindle tablet computers on Wednesday, 25 September, boosting power for the devices while adding a "Mayday" button for free, live technical support. Read more >>


More International


Jobs offered



All industry news


Marketing & Media

Medical

Retail

Government

Mining

CSI

Finance & Insurance

Agriculture, Horticulture & Forestry

Arts & Entertainment

Building & Construction

Environment & Conservation

Human Resources & Recruitment

Legal

Property & Real Estate

Security & Military

Education & Training

Tourism, Travel & Hospitality

IT & Telecommunications

Maritime & Fishing

Sport

Logistics

Science & Technology

Lifestyle

Automotive
PrintPrint any item in this newsletter. EmailEmail any item in this newsletter. CommentComment on any item in this newsletter.


Today's weather
Cpt

25°C
10°C
Jhb

22°C
3°C
PE

29°C
14°C
Dur

24°C
15°C
Bloem

24°C
4°C

Customise weather

Follow us


Industry sectors




Press releases: Distribute your news professionally to over 170 000 subscribers across various industries. Read more about our press offices.

Editorial: We welcome your news, views and comments! Email press releases, invitations, interview requests, and proposals to manufacturingnews@bizcommunity.com and exclusive opinion pieces to contributors-manufacturing@bizcommunity.com.

Advertising: We welcome your sales enquiries! Email sales@bizcommunity.com and read more about our advertising rates.

Location: Cape Town (head office): tel +27 (0)21 680 3500 | 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa. Johannesburg: tel +27 (0)11 513 4172 | Nicol Grove Office Park, Design Quarter, Leslie Avenue, Fourways, Gauteng, 2055.

Subscribe/unsubscribe: Invite your friends, colleagues, suppliers, customers and partners to subscribe!


© 2013 Bizcommunity.com. All rights reserved.
Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.

Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.