R/€ = 14.14
R/$ = 10.30
Au 1229.10 $/oz
Pt 1366.00 $/oz
Oct 15, 2013
Frost & Sullivan senior economist Craig Parker has cautioned that, despite the International Monetary Fund’s current expectation of 2.9% growth in South Africa’s gross domestic product (GDP) in 2014, this will most likely be revised downward to 2.7%, as global...
Sep 19, 2013
It is important for sub-Saharan Africa, as a global growth frontier, to move away from its current economic growth path that relies almost exclusively on resource extraction and exports, towards a more sustainable development path that promotes industrialisation and...
Aug 16, 2013
Valve manufacturers and foundries could see a R4-billion to R5-billion recovery over the next three to five years as localisation in public procurement takes hold. The industry would be able to “take back” the market share lost to foreign companies over the past...
Aug 16, 2013
Community business organisation the Ekurhuleni Business Initiative (EBi) has launched a regional engineering forum inviting all civil, mechanical and electrical engineers to come together once a month to boost local industry. "It’s time for engineers in South...
Apr 24, 2013
The time was ripe to review South Africa’s monetary policy, which was cited as one of the main challenges facing the country’s manufacturing sector, Manufacturing Circle executive director Coenraad Bezuidenhout said on Wednesday. At a manufacturing CEO breakfast...
Jan 31, 2013
Jan 25, 2013
South Africa will not have a competitive advantage unless it offers a discounted price for key inputs, such as steel, to the local manufacturing sector, Department of Trade and Industry (DTI) acting deputy director-general responsible for industrial development Garth...
Oct 01, 2012
Sep 17, 2012
Jul 02, 2012
After a strong start to the year, the seasonally adjusted Kagiso Purchasing Managers Index (PMI) fell to 48.2 in the second quarter, the lowest since August 2011, sponsor Kagiso Tiso Holdings said on Monday. The domestic PMI moderated in June, losing 5.4 index...
Jun 08, 2012
The manufacturing sector’s ability to attract young, skilled people would be a determining factor in its success going forward, business software provider Isah International director Peter van Harten said on Friday. He added that despite its current ailing state,...
Nov 04, 2011
South African Valve and Actuator Manufacturers Association (Savama) chairperson Mark Atkins says local valve manufacturers are capable of satisfying local demand; however, the benefits offered by cheaper valve imports from the Far East are severely affecting local...
May 30, 2011
Attached please find a press release on: The South African motor industry can and will play an increasingly important role in bringing about “a better life for all” in South Africa, according to the former CEO of the McCarthy Group, Brand Pretorius.