16 Jul 2013

Manufacturing

So? Are you a teabag?

There are some leadership qualities that are common to every field of human endeavour, so here they are... Madiba's Teabag Laws for leadership success.

Bad news for banking is that a recent survey has found that retail banking confidence has dropped sharply, but on a brighter note,
Standard Bank has won plaudits for its mobile banking innovations. Apparently they are something of a hit with international bankers.

Thursday is Mandela Day, so what are you going to be doing? Whatever it is, at least you know you are in very good company... because Branson, Clinton and the Dalai Lama also support Mandela Day.

Finally, for the logistics sectors, the good news is that figures reveal there's a high air freight demand in Africa.

The African continent is experiencing significant growth and expanding trade. Figures released by the International Air Transport Association (IATA) and DHL Express's shipment numbers show increased air freight demand in South Africa and the continent as a whole during the month of April.

Rod Baker, Content Director

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Weekly top stories

Poynting buys Aucom for R49.5m
[Thabiso Mochiko] Listed manufacturing company Poynting Holdings said on Wednesday (10 July) it had entered into an agreement to buy privately owned African Union Communications (Aucom) for R49.5m. Read more >>
Eskom to keep the lights on despite Medupi delay
Global manufacturers put supply chains front and centre

Manufacturing
SunSpace gets R55m, moves to Denel
Struggling satellite manufacturer SunSpace has been thrown a R55m lifeline by Science and Technology Minister Derek Hanekom. Read more >>


Manufacturing
Batteries boost Delta EMD's earnings
[Alistair Anderson] Delta EMD, which makes electrolytic manganese dioxide (EMD), mainly used in dry alkaline batteries, said last week that its headline earnings for the six months to June would be much stronger than expected and an improvement on the same period last year. Read more >>

Global manufacturers put supply chains front and centre
Global manufacturers are enhancing their supply chain networks for efficiency and innovation. Read more >>

Senegal "better than SA" in mining terms
[Brendan Ryan] Despite its drawbacks, Africa is the world's best region for finding viable new gold mines, with Senegal being the most highly rated destination while SA is far less attractive, says Randgold Resources chief executive Mark Bristow. Read more >>

Kibali production wins bottle of wine
[Brendan Ryan] London-listed mining company Randgold Resources is on track to produce the first gold from its developing Kibali mine, in the Democratic Republic of Congo, in October, chief executive Mark Bristow said on Wednesday (10 July). Read more >>

Medical expenditure drops marginally
Medical schemes spent 0.6% less on medicine in 2012, than in the previous year, Mediscor Pharmaceutical Benefit Management (PBM) said on Tuesday (9 July). Read more >>

Coca-Cola, WWF work for sustainability
ATLANTA, USA: The Coca-Cola Company and World Wildlife Fund (WWF) are working to advance the Coca-Cola system's sustainability stewardship with the announcement on Wednesday (10 July) of new, bold global environmental goals and an expanded global partnership. Read more >>

Kia Motors joins list of Best Global Green Brands
Interbrand's list of the 50 Best Global Green Brands 2013 ranks the sustainability and environmental performance of the 100 most valuable brands worldwide, by assessing market perception and actual performance. This year, Korean car manufacturer Kia Motors entered the list at number 37. Read more >>

Denel contributes to SA satellite and space programme
Denel is a participant in the Department of Science and Technology's (DST) flagship space programme, together with the South African National Space Agency (SANSA). The programme has been exploring satellite and space engineering opportunities since 2011. Denel Dynamics, a division of Denel, will be contracted by SANSA to execute the planned work. Read more >>

Zimele provides financial aid and support to Ukhamba Lobuntu Chemicals
Anglo American's enterprise development arm, Zimele, has helped a a chemical production and Personal Protective Equipment (PPE) company based in Middleburg, Mpumalanga to grow considerably and make a difference in the local community through providing funding and support. Read more >>


International

BMW sales likely to be down by 7%
FRANKFURT, GERMANY: German top-of-the-range car manufacturer BMW expects demand for new cars in western Europe to shrink by 5.0% this year, its chief executive said in a newspaper interview on Tuesday (16 July). Read more >>

Icahn increases his offer for Dell
NEW YORK, USA: Corporate raider Carl Icahn and his allies boosted their offer for troubled US computer company Dell, and repeated their call for shareholders to reject a US$24.4bn private equity buyout. Read more >>

Datsun back in India as brand returns
NEW DELHI, INDIA: Japanese car company Nissan resurrected its iconic Datsun marque on Monday (15 July) as it launched its new generation of vehicles for economy-minded buyers in emerging markets. Read more >>

Bangladesh garment exports boom despite disasters
DHAKA, BANGLADESH: Output from Bangladesh's accident-prone garment sector increased in June, data showed Tuesday, with demand from foreign retailers still growing despite the country's factory disaster in April. Read more >>

Cars sales up 11,2% in China
BEIJING, CHINA: Car sales in China, the world's largest car market, increased by 11.2% year-on-year in June, an industry group said Wednesday (10 July). Read more >>

Peugeot sales down 10%
PARIS, FRANCE: French car manufacturer PSA Peugeot Citroen said its global sales fell almost 10% in the first half of the year, mainly owing to a weak European market. Read more >>


More International


Government

Eskom to keep the lights on despite Medupi delay
There will be no load shedding as a result of delays at the Medupi power plant, says Eskom. Read more >>


More Government news


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