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Manufacturing

Weekly top stories


Samsung to build R220m TV factory in Durban
Electronics giant Samsung is set to pump hundreds of millions into the South African economy when it builds a manufacturing plant in Durban later this year. Read more >>


Manufacturing
Schneider Electric's fifth generation UPS' now available
Schneider Electric has announced that two next-generation models of its Smart-UPS uninterruptible power supply (UPS) units are now available locally. Read more >>

Political risk cover 'make or break' for power projects in Sub-Saharan Africa
Aon Risk Solutions, the global risk management business of Aon plc. has released its whitepaper entitled Political Risks in Sub-Saharan Africa - a view from the Power Sector which argues that energy is the 'oxygen' of an economy, and examines the effects of political risk on key power projects. Read more >>

Industrial automation
Nersa to hold public hearing
PRETORIA: The National Energy Regulator of South Africa (Nersa) was set to hold a public hearing on 22 July 2014, on guidelines for electricity reseller tariffs. Read more >>

Manufacturing
Spur sells food worth R5.5bn in a year
Restaurant group Spur Corporation increased total restaurant sales by 13.5% to R5.5bn in the year to end June‚ the group said in a sales update on Monday. Read more >>

Hulamin makes R130m on R4.6bn revenue
Aluminium manufacturer Hulamin has delivered a 42% increase in normalised earnings to R130m in the six months to June‚ boosted by the weaker rand. Read more >>

Security a risk for 'Internet of Things'

Thabiso Mochiko

Not long ago cloud computing and "bring your own device" to work began to change the way businesses and individuals used technology. This is now expanding to include the concept of the "Internet of Things" (IoT). Read more >>

SA, Angola boost trade ties
South African businesses have been called on to take advantage of opportunities in Angola. Read more >>

Tongaat Mall plans not approved
Rectangle Properties has conceded in the Department of Labour-appointed commission of inquiry into the collapse of the Tongaat Mall that the plans for the development were never approved. Read more >>

Ellies earnings drop as demand weakens
Headline earnings at the electronic products manufacturer, Ellies were down by 68.3%, to 23.46c per share. Read more >>

SABMiller first quarter total beverage volumes up 3%

Fifi Peters

Global breweries company SABMiller (SAB) said its total beverage volumes grew by 3% in the first quarter‚ mainly due to strong demand from its African and European operations. Read more >>

SA train deal doubles Alstom's order book

Nick Hedley

The order book of French transport and power firm Alstom doubled in its first quarter ended June compared with the same three months last year - thanks largely to its sizeable passenger rail contract in SA. Read more >>

Clover-Bowler deal 'makes sense' say analysts

Nick Hedley

A takeover of Bowler Metcalf's beverages business by Clover Industries would make strategic sense for the companies, analysts say. Read more >>

Tongaat Mall's design was not flawed says engineer
The design of the collapsed Tongaat Mall, north of Durban, was not flawed according to engineer Dr Piet Pretorius. Read more >>

Samsung's first African factory goes up in Dube

Nick Hedley

Electronics company Samsung has agreed to establish its first African manufacturing facility at KwaZulu-Natal's Dube Tradeport. Read more >>

Mobile technology expansion needed
About 40% of companies are investing in mobile technologies across their business and consider mobility as a key part of their business strategy, according to Accenture Mobility Report 2014. Read more >>

On-the-go gamers get new Tablet
SAN FRANCISCO, USA: US computer chip manufacturer Nvidia has launched a high-performance tablet aimed at gamers who want the convenience of a mobile device on whch to play games. Read more >>


International

Tizen smartwatch launch delayed
SEOUL, SOUTH KOREA: Samsung Electronics said it would postpone the roll-out of its new smartphone based on Tizen, a home-grown operating system aimed at breaking away from Google's Android system. Read more >>

PlayStation, Xbox butt heads at Hong Kong games fair
HONG KONG, CHINA: Fans dressed as Transformers, Iron Man and Jedi knights were among thousands at the first day of Hong Kong's comic and games expo, where Xbox and Playstation went head-to-head with their new consoles. Read more >>

US vulnerable to serious cyber-attacks
WASHINGTON, USA: The United States has failed to sufficiently adapt to new cyber-security threats, exposing itself to potential terror strikes as devastating as September 11, authors of the report on the 2001 attacks have warned. Read more >>

Nokia renaissance sees profits climb
PARIS, FRANCE: Finnish telecommunications equipment company Nokia jumped back into profit in the second quarter boosted by restructuring after it lost its leading position in handsets and sold its phone division to Microsoft. Read more >>

LG's profits up 165% in second quarter
SEOUL, SOUTH KOREA: LG Electronics posted a 165% rise in second-quarter net profit compared with a year ago, as strong TV and mobile phone sales boosted the turnaround to the company. Read more >>

Android's market share rises
WASHINGTON, USA: Global sales of tablet computers edged higher in the second quarter, in the slowest growth since 2009, research firm Strategy Analytics said. Read more >>

STMicrolectronics disappoints investors despite profits
PARIS, FRANCE: French-Italian microchip manufacturer STMicroelectronics reported a switch into profit in its second quarter, but its outlook disappointed investors as the company's shares fell. Read more >>

Apple's profits of $7.7bn in June quarter
SAN FRANCISCO, USA: - Apple reported that its quarterly profit climbed with strong iPhone demand, but a decline in its iPad tablet sales put a damper on its results. Read more >>

Mobile demand boosts Taiwan's exports by 10.6%
TAIPEI, TAIWAN: Taiwan's export orders in June rose 10.6% year-on-year to a 17-month high, largely boosted by continuing strong demand for electronic products, government statistics showed. Read more >>


More International


Government

Zuma responds to debate on Presidency's budget
President Jacob Zuma said the gains that await developing countries through the BRICS New Development Bank will far outweigh the cost of establishing the bank. Read more >>

Probe into Citrus Black Spot by government
The Department of Agriculture, Forestry and Fisheries has launched an investigation to determine the causes of Citrus Black Spot (CBS) discovered in a consignment of exported lemons to the European Union (EU). Read more >>

Automotive and textile sectors to get more support
The Department of Trade and Industry (DTI) is set to increase support for the automotive and clothing sectors, says Minister Rob Davies. Read more >>


More Government news


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All industry news


Marketing & Media
    Dove's latest advertising campaign calls on SA women to participate
    [Habari #Tuongee2014] The creative adult is the child who survived - Ilse van den Berg
    New CSI initiative empowers young women in marketing sector - Danette Breitenbach

    Medical
      HIV testing from PinkDrive and New Start in August
      International Aids Conference to feature African pop-up clinic solution

      Retail
        CT Fashion Week promotes SMME designers
        Woolworths takeover bid for Country Road now unconditional

        Government
          Committee to visit land claims' centres
          'Ocean economy' can create 800,000 jobs - More Matshediso

          Mining
            Dti gears up for minerals beneficiation plan
            Chamber of Mines responds to DMR Budget Vote speech
            Mossel Bay deep-water well launched

            CSI
              Community Chest urges Capetonians to open their hearts
              Ford collects pet food for animal charities
              Celebrate Women's Month with Eskom's charity fundraiser

              Finance
                Fitch awards AAA rating for Mutual & Federal
                MasterCard now accepted in The Gambia

                Agriculture
                  [Climate changing the face of agriculture]: Part 3 - Partnerships are key - Rudi Massyn
                  A shift towards more sustainable choices

                  Building
                    Reliance Compost uses Rubble Master for building rubble
                    Winners of Corobrik-SA Institute of Architects Awards soon announced

                    GreenBiz
                      Global demand for solar technology continues to increase
                      Top Green Organisation Awards open for entries
                      Pearl Valley launches land rehabilitation programme

                      HR & Recruitment
                        Unilever is Best Graduate Employer in the FMCG sector again
                        Should you join the rat race or go solo?
                        Taj Cape Town's HR department shines

                        Legal
                          Police Act placed under review
                          Parties to a statutory merger must consider tax consequences - Justine Krige
                          Regulations do not permit consumers to get away with not paying their debts - Nicola Sulter and Todd Julyan

                          Property
                            Discovery builds most expensive offices in SA - Alistair Anderson
                            Porsche buys Kyalami for R205m
                            Pick neighbourhood before buying a house - Gaongalelwe Moatshe

                            Education
                              DoE introduces Nike programme into school's curriculum

                              Tourism
                                Cape Legends Inter Hotel Challenge Awards
                                New Executive Chef at Café Caprice
                                Lessons for Brazil on sustaining tourism growth post-World Cup

                                ICT
                                  Deloitte SA slashes mobile costs
                                  Mobile billing goes nuts, but consumers can fight back - Rob Lith

                                  Lifestyle & Entertainment
                                    Holi Festival of Colours comes to Joburg
                                    Ticket sales imminent for Up the Creek 2015
                                    The Lumineers to make SA debut

                                    Automotive
                                      Combined Motor Holdings announces major restructional changes
                                      Ford launches Innovate Mobility Challenge
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