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Manufacturing

Interpol advises on rhino poaching

Countries across Africa need to work together to combat rhino poaching, says the International Police Organisation (Interpol), adding that there needs to be a free flow of information between organisations and nations if the scourge is to be eradicated.

How sad that our heritage is being destroyed as a result of a stupid, backward, and quite frankly laughable belief that belongs back in the Dark Ages. Rhino horn is simply keratin... the same stuff our fingernails are made of... If the belief had any foundation in fact, biting your fingernails would ensure, amongst others, no cancer and, apparently, a love-making ability that would make every Warren Beatty wannabe sob with envy.

On a lighter note... literally... the South African Entertainment Awards are to launch next year. The awards will recognise and reward the disciplines of fine art, performance, music and dance for exceptional work throughout the year.

And still on a light (musical) note, Henley is launching an MBA for music and the creative industries. Jon Foster-Pedley, dean of Henley Business School in Africa, says the MBA was established by Henley UK in 2011, and "is the first MBA of its kind in the world."

So you think you are pretty good, do you? Well then, the next step is to sell yourself. Juliette Attwell, of BizCareers, says selling yourself is probably the most important skill you'll ever learn.

Rod Baker, Content Director

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Manufacturing
Acquisitions help Mondi in September quarter

Mark Allix

Pulp and paper producer Mondi says its underlying profit has risen 25% for the September quarter‚ attributing the performance to contributions from acquisitions completed towards the end of last year. Read more >>

Transnet issues R5bn bond on international market
Transnet has issued a global R5bn bond registered with the London Stock Exchange at a yield of 9.5% - the first African local-currency issuance on international capital markets. Read more >>

SA canned-fruit producers win first round

Amanda Visser

South African canned-fruit producers have won the first round in the battle against an Australian producer who brought applications for safeguard measures and anti-dumping duties against them. Read more >>

Woolworths buys back African franchises

Zeenat Moorad

Woolworths said on Tuesday, 5 November, that it had signed agreements to purchase its franchise businesses in Botswana‚ Namibia‚ Swaziland and Ghana. Read more >>

AxizWorkgroup signs 49M pledge
In an effort to reduce its environmental footprint, IT hardware and software distributor AxizWorkgroup has introduced a couple of ways to become "greener" over the past few years. Read more >>

Manufacturing
Astral Foods earnings down 44% to 443c
Poultry producer Astral Foods reported a sharp drop in annual profits‚ as a result of severe losses from its poultry division. Read more >>

Lewis Group earnings slightly up at 417.4c
Lewis Group has reported diluted headline earnings per share of 417.4c for the six months to September, marginally higher than the 414.9c for the same period last year. Read more >>

China lends Zimbabwe US$319,5m to ease power deficit
HARARE, ZIMBABWE: The Zimbabwe government has signed a US$355m agreement with the Export-Import Bank of China to expand its power generation capacity and help alleviate perennial electricity shortages. Read more >>

Kumba's drive to fix 'nightmare' Sishen mine

Allan Seccombe

Kumba Iron Ore aims to restore the flagship Sishen mine to full‚ sustainable production as quickly as possible after the company issued quarterly output data and export sales expectations that shocked the market. Read more >>

ArcelorMittal SA's earnings rise despite weak conditions

Mark Allix

Steel producer ArcelorMittal SA says despite fairly weak trading conditions it saw a rise in headline earnings to 50c a share in the third quarter to September allowing it to remain in a positive cash position. Read more >>

Skills vital to success of National Development Plan

Nick Hedley

The metals and engineering industries will play an important role in government's National Development Plan (NDP) and infrastructure programme‚ says newly appointed executive director of the Steel and Engineering Industries Federation of SA (Seifsa)‚ Kaizer Nyatsumba. Read more >>

SAB strike ends as Fawu accepts wage offer
The Food and Allied Workers Union (Fawu) has accepted a 7% wage offer from South African Breweries (SAB)‚ bringing an end to more than a month of strike action characterised by violence and intimidation. Read more >>

SA's competitive advantage in Africa is being eroded

Zeenat Moorad

Given the challenges facing them‚ foreign retailers would not enter the African market in a significant way within the next 10 years‚ according to Boris Planer, chief economist at London's Planet Retail. Read more >>


International

China car sales up 20.3% in October
SHANGHAI - China's auto sales surged 20.3% year-on-year in October, helped by a long holiday, China Association of Automobile Manufacturers said on Monday (11 November). Read more >>

Toyota's net profit surges by 82.5%
TOKYO, JAPAN: Toyota that its net profit for the first six months rose by 82.5% causing it to adjust its annual earnings forecast as a weak yen and improving sales in North America boosted its bottom line. Read more >>

Lafarge disappoints with profit but holds targets
PARIS, FRANCE: French cement and building materials company Lafarge reported stable quarterly earnings below analysts' expectations, but stood by its targets for operating performance and reducing debt. Read more >>


More International


Africa

Woolworths dumps its Lagos stores

Zeenat Moorad

Woolworths will pull out of its three stores in Nigeria as high rental costs‚ duties and complex supply chain processes make trading in the West African country "highly challenging". Read more >>


More Africa


Government

SA wants to close all tax loopholes

Nick Kotch

SA is determined to be at the forefront of global efforts to ensure transparency in tax matters and to enhance revenue collection by closing loopholes which corporates and individuals are able to exploit‚ Finance Minister Pravin Gordhan said at a conference on relations between the Group of 20 and Africa. Read more >>

State eyes next stage in IPP energy deals

Razina Munsh

Buoyed by the success of the third round of its independent power producer (IPP) programme‚ which saw prices for clean-energy projects tumble‚ the government may now invite a fourth round of bidders‚ says Department of Energy director-general Nelisiwe Magubane. Read more >>

Billions for Eastern Cape infrastructure says Zuma
Transnet intends investing R26bn on expanding infrastructure in the Eastern Cape over the next seven years, according to President Jacob Zuma. Read more >>


More Government news


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All industry news


Marketing & Media
Media24 gets communist off Competition Tribunal panel
The Bookmarks 2013 - This year's big predictions

Ben Wagner

TV white spaces 'viable' for internet connectivity
Adams & Adams to sponsor MPASA PICA Awards

Medical
Slim by buffet design

Melissa Osgood

Lack of protein drives overeating
Breast screening: The new high-tech, simpler approach

Retail
Shifting 'Beyond Retail'
Zomato expands restaurant search into SA
Moody's assigns Edcon's provisional rating‚ outlook stable

Government
Business warns of red tape burden of gender bill

Ntsakisi Maswanganyi

IEC targets 2m new registrations for 2014 elections

Mining
The hidden threat: spreadsheets in the supply chain

Steve Maxwell


CSI
Engen contributes towards hospital
Philips supports cancer awareness campaign
Tuition-free opportunity for young South Africans

Finance
Retirement saving must become compulsory
Culture of doing business in SA must change
3.8m people have filed their tax returns

Agriculture
Smaller wine grape harvest still promising
Tru-Cape Fruit appoints new MD
Multi-donor trust fund to boost investment in agricultural

Arts
To market something truly special, think art, not advertising
Music Exchange 2014 dates announced
South African Entertainment Awards to launch in 2014

Building
Architectural award for Hopewell Visitor Centre
Saint-Gobain competition open for entries

Environment
SA researcher receives international award
Law enforcement officers attend DNA workshop
Interpol advises on rhino poaching

HR & Recruitment
Flexible working improves productivity
[BizCareers] Selling yourself, and moving into art direction

Juliette Attwell

BEE revised codes - empowering supplier as a mechanism to human capital development

Trevor Tshabangu


Legal
The new nature of the fixed-term contract

Antoine Smith

New Companies Act and business rescue

Eric Levenstein

Acknowledgement of debt - the real implications

Amanda Swanson


Property
Sales of bigger properties herald an upswing in commercial sector
E-tolls force developers to change their game plan

Security
Denel aims to compete in global defence industry
Police uncover R2.5m drug lab in Fourways

Education
Vodacom to encourage a culture of e-reading
IT resources in SA schools
Henley launches MBA for music and creative industries

Tourism
Mykonos - the Med on our doorstep

Brian Berkman

El Gibor gets environmental certification license

ICT
The ICT4Ag Conference focused on smallholder farmers
Stopping information overload in its tracks

Dr Pieter Streicher

Smart phones, dumb users

Sport
Coca-Cola CEO accepts invite to GPI
Rugby museum stirs Bok memories

Sulaiman Philip

Mondale player to attend Sundowns camp

Logistics
Druggie drivers apply to drive buses
Jammed roads waste 3,5 days for commuters
Cargo Carriers' subsidiary provides increased penetration

Science
Ericsson to showcase Radio Dot System at 2013 AfricaCom
Books arrive on Google Play in SA

Lifestyle
Gourmet Boerie celebrates first birthday
Extra Cold Summer Experience to feature Wale
2013 Eat Out Award winners announced

Automotive
Used vehicle market could improve says TransUnion
Volkswagen still a preferred brand
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