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Topic - Local Manufacturing Sector
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Apr 04, 2014
Feb 21, 2014
The South African manufacturing industry has been under pressure for a number of years and the outlook for 2014 remains subdued, despite the tailwind being provided by the weaker rand. Close observers forecast that the sector is set to register growth of close to 2%,...
Feb 21, 2014
The South African manufacturing industry has been under pressure for a number of years and the outlook for 2014 remains subdued, despite the tailwind being provided by the weaker rand. Close observers forecast that the sector is set to register growth of close to 2%,...
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
Department of Trade and Industry deputy director general for industrial policy and development Garth Strachan
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
BOOSTING BUSINESS IN EKURHULENIFrom left: SM Projects GM Sakkie Maartens, Endress+Hauser GM Chris Gimson, EBi GM Chris van Biljon, Proudly South African CEO Leslie Sedibe, Siyanda Engineering CEO David Slabbert and EBi president AZ Sithole at the launch of the Ekurhuleni Business Initiative’s engineering forum
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...
Aug 02, 2013
Apr 24, 2013
Jan 31, 2013
Jan 25, 2013
Nov 23, 2012
 
 
 
Nov 01, 2012
The seasonally adjusted Kagiso Purchasing Managers Index (PMI) deteriorated further into contractionary territory in October, falling to 47.1 points from an upwardly revised 48.3 points during September, suggesting a notable loss in the local manufacturing sector’s...
Oct 01, 2012
The seasonally adjusted Kagiso Purchasing Managers Index (PMI) has lost 4 index points in September and declined back below the key 50-point mark to 46.2. Chartered Institute of Purchasing and Supply MD André Coetzee said the pullback did not bode well for actual...
Sep 17, 2012
Denel and Airbus Military have finalised a new agreement with revised terms for manufacturing aircraft components on the A400M, in a development that will contribute significantly to the financial turnaround of the South African company and confirms its position as a...
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.
Jan 21, 2011
Research and consulting firm Frost & Sullivan expects that the South African plastics sector will have grown by only about 2% during 2010, following the impact of the global economic recession. The sector also continues to feel the effects of the strong rand and...
Aug 02, 2010
Despite the Kagiso Purchasing Managers Index (PMI) having registered a 1,1 point increase to 49,5 points in July, the level of the index indicated that the slowdown in the manufacturing industry had continued at the start of the third quarter, Kagiso Securities...
Apr 30, 2010
Confidence among local manufacturers, domestic manufacturing volumes and selling prices were all continuing to improve, but First National Bank Commercial economist Sizwe Nxedlana on Friday warned of the risks that the local manufacturing sector could still face...
Apr 09, 2010
One of the challenges facing the manufacturing industry in South Africa is the drastic skills shortage, which has a great impact on sustainability. This shortage is critically felt in the foundries, forges and die casting industry, which is considered the backbone of...
Jan 22, 2010
Local new vehicle sales were expected to grow modestly, but off a low base, by 7% to about 422 800 units in 2010, compared with the 395 230 new vehicles sold in South Africa in 2009, vehicle retailer McCarthy CEO Brand Pretorius said this month. Speaking to...
 
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