8 Oct 2013

Manufacturing

Billboards vs ANC: billboards win

Transport minister Dipuo Peters says the billboards with the message "E-tolls. Proudly brought to you by the ANC." is the work of cowards.

The DA has admitted to being the naughty ones who erected them, and its Gauteng premier candidate Mmusi Maimane points out that, "E-tolls were conceived under the watch of an ANC minister, supported by an ANC executive in Gauteng, passed into law by an ANC majority Parliament and signed, sealed and delivered by an ANC president."

Quite so, and none of which the ANC denies - so what's the problem?

What happens when the "bluff" is no longer a bluff? Chris Moerdyk looks at why Numsa is calling BMW's bluff, and wonders what might happen when car makers finally decide: enough! Also see Government to talk to car makers: Gordhan. Some might reasonably ask: why? What can he say to them that is likely to achieve anything right now. Let's face it, with an election looming the government is not going to do anything to upset the workers and Cosatu - and that might tend to set the tone of any "talks".

Nonkululeko Gobodo says there is more to transformation than ticking boxes, and suggests the private sector is lagging, and on a happy note, there's good news for mobile users - and that means pretty much all of us - ICASA has released its draft 'call termination' regulations which aim to see the costs we mobile users have suffered for ages being somewhat reduced.

Rod Baker, Content Director

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Weekly top stories

BMW won't build new model in SA
BMW confirmed on Thursday (3 October) that strikes at its South African plant have wrecked an opportunity to expand production in the country. Read more >>

Manufacturing
The ideal space-saving, safekeeping solution for SMB IT equipment
[Elrica Quick] When it comes to IT equipment, most Small Medium Businesses (SMBs) experience the same problem: cables all over the place, servers taking up valuable office space, and other equipment scattered across the floor and on desks as space permits. Other than looking untidy, this practice can actually be hazardous and can cause damage to critical IT equipment. Read more >>

Industry strikes slow vehicle sales growth
Toyota South Africa Motors remains South Africa's most popular vehicle manufacturer, despite suffering severe production losses due to the strike in the manufacturing industry and the current strike in the component manufacturing industry, according to sales figures aggregated by the National Association of Automobile Manufacturers of South Africa. Read more >>

Get a mobile presence
[Issued by Bizcommunity.com] Bizcommunity Press Offices have been compatible with mobile since day one and are continually upgraded for even greater engagement and accessibility. Read more >>  visit press office >>


Industrial automation
Energy-efficient ideas for HVACs from Eskom
The quiet hum of HVACs - heating, ventilation and air-conditioning systems - in thousands of office buildings and facilities across South Africa is proof of our heavy dependence on climate control and its significant impact on electricity demand. Read more >>


Manufacturing
Union accuses SAB of bribery
The Food and Allied Workers' Union (Fawu) has accused SA Breweries on Monday (7 October) of using underhand tactics to end an ongoing strike. Read more >>

Why Numsa is calling BMW's bluff
[Chris Moerdyk] Most business people in South Africa with even the slightest capitalist leanings would have been horrified at the sheer arrogance of the National Union of Metal Workers (Numsa) response to BMW's announcement that it might reconsider further investment in South Africa due to loss of production through labour unrest. Read more >>

Food producers in high-priced certainty
Safe-haven investments do not come much safer than food producers. This has made big-name companies such as AVI and Tiger Brands market favourites and driven up the JSE food producers sector rating to a level last seen 19 years ago. Read more >>

Numsa ends components sector strike
Workers in the motor and components sector will return to work on Monday (7 October), ending their four-week strike, the National Union of Metalworkers of SA (Numsa) said. Read more >>

Imperial Logistics‚ Transnet Freight Rail to collaborate
Transnet Freight Rail (TFR)‚ and Imperial Logistics have signed a memorandum of understanding (MoU) aimed at exploring multi-modal collaboration opportunities within the logistics and transport sector. Read more >>

Identification needed for medicine with codeine
South Africans will need to produce identification when buying medication containing codeine, Clicks said over the weekend. Read more >>

Sovereign Foods earnings down
Sovereign Foods has reported diluted headline earnings per share of 18.9c for the six months to August‚ down by 9% from last year's 20.7c. Read more >>

Illegal cigarettes burn up R12bn in taxes
More than a million packets of illegal cigarettes were sold every day in South Africa last year. Read more >>

Hopes for end to South African vehicle strike
South Africa's car manufacturers have made a new wage offer in a bid to end a strike that has crippled production for almost seven weeks, the industry said on Wednesday (2 October). Read more >>

Fawu accuses SAB management of intimidation
[Bekezela Phakathi] A Food and Allied Workers Union (Fawu) strike at SA Breweries (SAB) looks set to intensify with striking workers on Wednesday (2 October) accusing management of intimidation and "sheer arrogance". Read more >>

SA needs new economic doctrine‚ says Susman
[Zeenat Moorad] South Africa needs a fresh economic philosophy to ignite its true growth potential‚ Woolworths chairman Simon Susman says in the retailer's annual report‚ released on Wednesday, 2 October. Read more >>

Judgment reserved in Amplats case
Judgment was reserved by the Labour Court on Tuesday (1 October) in an application against Anglo American Platinum's (Amplats) retrenchment procedures. Read more >>

Arms deal deviated from usual process says Griesel
[Hopewell Radebe] The National Treasury had directly negotiated and assessed potential costs for the Cabinet-approved arms deal‚ the Seriti Commission heard on Monday (30 September) Read more >>

Africa, India pledge more trade ties
South Africa's Trade and Industry Minister Dr Rob Davies has called India Africa's oldest ally, as he praised that country for its continued involvement in Africa's development. Read more >>

Tax a significant threat to business in Africa says PwC
Tax is regarded as a significant threat for doing business in Africa‚ according to a PwC survey released on Tuesday (1 October). Read more >>

Maize futures end weaker on US crop report
South African maize futures ended weaker on Tuesday (1 October) in line with world prices‚ following a bearish US crops report. Read more >>

Kagiso PMI sheds 7.4 points to 49.1 in September
The seasonally adjusted Kagiso purchasing managers index (PMI) fell steeply in September‚ by 7.4 index points to a worse than expected 49.1‚ data released on Tuesday (1 Ocotober) showed. Read more >>

September new vehicle sales down 1.5%
New vehicle sales in September in SA fell 1.5% year-on-year to 54‚281 units from the 55‚093 units in the same period last year‚ data released by the National Association of Automobile Manufacturers (Naamsa) on Tuesday (1 October) showed. Read more >>

SAB maintains its wage offer of 7%
South African Breweries' (SAB) has offered workers a 7% average wage increase which will increase the average monthly pay for shift workers by R1‚196 to R18‚283‚ the company said on Tuesday, (1 October) Read more >>

Irish router 'will improve access to broadband in SA'
[Bekezela Phakathi] An Irish technology company Multipath Networks has developed what it calls "a game-changing router" that could improve access to stable and reliable broadband in SA. Read more >>

Strikes cripple vehicle exports
[Henrie Geyser: motoring editor] Ongoing strike action at seven major South African vehicle manufacturing plants as well as industrial action in the automotive component industry resulted in a decline of 75.1% in vehicle exports during September. Read more >>

Badger contract brings many benefits
The socio-economic impact that may emanate from the multi-billion rand contract awarded by Armscor to Denel for the production of more than 200 armoured vehicles for the South African National Defence Force (SANDF) over a 10-year period will significantly and permanently change the local defence industry. Read more >>

Government to talk to car makers: Gordhan
[Gillian Jones] The government plans to speak to BMW and other automotive companies about their investment concerns‚ Finance Minister Pravin Gordhan said on Monday. Read more >>

Cerberus investment eyes BlackBerry bid
NEW YORK CITY, USA: The private equity firm Cerberus Capital Management is interested in a bid for troubled Canadian smartphone manufacturer BlackBerry, a source familiar with the matter said. Read more >>

BMW warns of risk to SA as vehicle exports dive
[David Furlonger] BMW South Africa will have to pay up to 25% extra to import cars into South Africa because of the continuing motor industry strikes‚ starkly underlining the havoc caused to South Africa's lucrative motor assembly sector by a series of damaging strikes. Read more >>

BlackBerry plans property sale to cut costs
MONTREAL: CANADA: BlackBerry is eyeing the sale of office space to cut expenses after posting a nearly US$1bn loss last quarter, a spokesman for the company said on Wednesday, 2 October. Read more >>

Revised wage offer for auto strikers
Shop stewards will consult striking National Union of Metalworkers of SA members in the automotive industry on a revised wage offer, the union said on Tuesday (1 Ocotober). Read more >>

Badger contract welcomed by defence industry
Armscor has awarded a multi-billion rand contract to Denel for the production of over 200 Badger infantry combat vehicles over a ten year period. Both government and the defence industry have welcomed the direct and indirect jobs as well as the enterprise opportunities that will be created as a result of the production contract. Read more >>

Rand little changed but trade deficit‚ PMI numbers a concern
[Fifi Peters] The rand remained flat on Tuesday (1 October)‚ but performing worse than most of its emerging-market peers‚ due to the weaker South African trade balance and disappointing manufacturing numbers. Read more >>

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 >>

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 >>

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 >>

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 >>


International

Alcatel-Lucent to cut 15,000 jobs worldwide
PARIS, FRANCE: French telecommunications-equipment maker Alcatel-Lucent will cut 15,000 jobs worldwide, but create 5,000 other posts, financial newspaper Les Echos said on the company's website on Monday (7 October). Read more >>

Dell says it has regulatory clearance for buy-out
NEW YORK CITY, USA: US computer company Dell says it received regulatory clearance for a buy-out led by company founder Michael Dell. The deal is expected to close by the end of October. Read more >>

Unilever sales hit by emerging markets slowdown
THE HAGUE, THE NETHERLANDS: Anglo-Dutch food and cosmetics company Unilever, seen as a bellwether for global consumer spending, warned on Tuesday (1 October) of slowdown in sales growth brought on by weakened demand in emerging markets. Read more >>

German TV maker Loewe files for bankruptcy
BERLIN, GERMANY: German high-end television manufacturer Loewe said on Tuesday (1 October) it had filed for bankruptcy but also voiced hope that an investor could be found to rescue the 90-year-old company. Read more >>


More International


Government

Succeed first, then get help
The Department of Trade and Industry (DTI) has decided to stop the existing Manufacturing Incentive Programme (MIP) for start-up manufacturing businesses and replace it with a vehicle that pays more money, more quickly, with fewer conditions attached. Read more >>

Report says Armscor not involved in arms deal
Arms procurement parastatal Armscor told the Seriti Commission of Inquiry it was not involved in procurement of equipment bought in terms of the arms deal, SABC radio reported. Read more >>


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