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Trade News

Swaziland fridge manufacturer cools costs

By: System Author     26th February 1999 Swaziland refrigerator-manufacturing group Masterfridge has embarked on the second phase of its three-part profitability plan. CEO Geoff Mangan reports that, in the first phase, ending in December last year, the company’s overdraft was reduced by R14-million through the implementation of a... 

Steel giant urged to grow small; stay tall

By: System Author     26th February 1999 Just as Lewis Carroll’s Alice drank a potion to shrink herself down to a size which would enable her to pass through the door leading to a beautiful garden, so South African steel giant Iscor is hoping to do the same. In ‘growing itself smaller’, the firm hopes to boost margins... 

Environmental certification on the rise

By: System Author     26th February 1999 Why is environmental management so important? The backbone of environmental management is sustainable development, which covers the concept of needs and the idea of limitation imposed by the state of technology and social organisation on the environment’s ability to meet present and future... 

Cable-manufacturer empowering people

By: System Author     26th February 1999 Cable-maker Aberdare Cables has sold a 10% equity stake to empowerment group Kwezi Investments as part of a drive to further support economic empowerment. Valued at R162-million, the deal came into effect at the beginning of March, and will enable Kwezi Investments to assume an active role in the... 

Economic growth hinges on standards

By: System Author     26th February 1999 The lowering of import tariffs and their new transparency as a result of the General Agreement on Tariffs and Trade administered by the World Trade Organisation has led to other market access restrictions being exposed, most notably technical requirements which include standards, reveals Maurice... 

Growth vision for Southern African market

By: System Author     26th February 1999 What is the strategy for the future? We would like to grow the Southern African market, which still uses significantly less starch per capita than Europe or the US, less than a third of the usage in those markets. We see tremendous potential where economies are growing in Africa. There are three... 

Y2K complacency could bug South Africa

By: System Author     26th February 1999 Although South Africa is more prepared than many countries with regard to year 2000 (Y2K) compliance, there is certainly no room for complacency, warns Siemens Industry divisional MD Herman Singh. “Generally, South Africans are being proactive about Y2K compliance and, at some levels, we... 

Centre supports manufacturing sector

By: System Author     26th February 1999 The Port Elizabeth Regional Manufacturing Advisory Centre (Permac), which celebrated its first anniversary last month, has achieved remarkable successes in the manufacturing sector, reports Port Elizabeth Regional Chamber of Commerce and Industry spokesperson Denise van Huyssteen. In its first... 

Symposium sings praises of radio

By: System Author     26th February 1999 RADIO is a resilient technology that is going to help spearhead the digital age to millions of listeners across the world. This was the clear message delivered to more than 300 delegates from 33 countries at the Fourth International Digital Audio Broadcasting (Dab) Symposium held in Singapore.... 

‘Under one roof’ industrial trade show planned for Dbn

By: System Author     26th February 1999 WITH only 20 stands available for the 1999 Kwazulu-Natal Industrial Trade Show (Knits), the event looks set to provide local industrialists with the perfect opportunity to view all the latest products and services under one roof. The exhibition is scheduled to run at Durban’s Exhibition... 

Nuts and bolts of SA’s anti-dumping fight

By: System Author     19th February 1999 After some ten months of anxiety, South Africa’s beleaguered nuts and bolts manufacturers are finally able to breathe a sigh of relief. This follows a government announcement that it will impose provisional anti-dumping duties against China, Taiwan and Australia. The South African Fasteners... 

Numerous dumptrucks imported

By: System Author     12th February 1999 A number of Terex TA40 dumptrucks, powered by the Detroit Diesel Series 60, have been imported by local Terex agent Batemans. These 40 t trucks will be used in various mining and construction applications and the 6  

South African company fires up exports

By: System Author     12th February 1999 DESPITE increased international competition and volatile economic conditions, Efco Furnaces ended 1998 on a high note by securing several big contracts. A mesh-belt conveyor was supplied to an existing client in the Eastern Cape on the strength of existing equipment and Efco’s ability to... 

Coega project needs decision ‘now’

By: System Author     12th February 1999 WE need an answer now – this is the emphatic plea from Port Elizabeth Regional Chamber of Commerce and Industry (Percci) president Chris Steenekamp in response to the continued wrangling about construction of the R1,5-billion deepwater harbour at the mouth of the Coega river in the Eastern... 

Local manufacture of belt-bends soon

By: System Author     12th February 1999 Following an agreement between JCT Conveyor Systems and UK firm Gramac, the South African company will become the first to manufacture belt-bends locally. Until now belt-bends have had to be imported, which resulted in high prices due to the exchange rate. “However, we have now been granted... 

‘Smart’ Cad leads hi-tech quest for increasing productivity

By: System Author     12th February 1999 ECONOMIC pressures demand that South African companies which rely on computer-aided design (Cad) use sophisticated hi-tech solutions to boost productivity and gain a competitive advantage locally and globally. “Cad has been well accepted and integrated into the marketplace,” says... 

‘Alarming increase’ in business failures

By: System Author     12th February 1999 LIQUIDATION statistics released by Statistics South Africa have revealed an alarming increase in the number of business failures in November last year, when 476 companies went into liquidation. This figure is 15% up on the previous high in June last year when 423 businesses ceased to trade. The... 

Concrete industry slump

By: System Author     12th February 1999 THE South African Reinforced Concrete Engineers’ Association (Sarcea) has predicted that tough times lie ahead for the industry. While the 187 000 tonnage achieved during the year ended June 1998 showed a slight improvement on the previous year, Sarcea director Arthur Dubery said the... 

Meat industry trade fair

By: System Author     12th February 1999 THE first-ever International Trade Fair for the Meat Industries of Africa (Ifma), incorporating the International Meat Exhibition (Imex), scheduled for Johannesburg in June, is already attracting considerable international interest. Delegates from more than 20 countries are expected to attend a... 

Asbestos alternatives favoured

By: System Author     5th February 1999 DUE to the increasing pressure on asbestos, alternative materials are fast finding acceptance in South Africa, despite being more costly to install. “In the long run, considering that asbestos products and processes might soon have to be removed and replaced, alternative materials are less... 

Housing initiative leads job-creation drive

By: Archivist     29th January 1999 THE first signs that real progress is being made following the hoopla surrounding the jobs summit held in October last year is the news that the final report on the National Presidential Lead Project on Housing (NPLP) will be released at the end of February. The report is expected to include a... 

Economic meltdown must be staved off by smart leadership

By: Archivist     29th January 1999 N economic meltdown – locally and globally – must be staved off determinedly by smart local and global leadership. There can be no resigned acceptance locally or globally of further economic slowdown. The economy of the world and the economy of South Africa must be managed upwards... 

Euro will have ‘significant impact’ on SA – IDC

By: Archivist     29th January 1999 The implications of European monetary integration for South Africa are likely to be significant, though not extraordinary, predict Josef Swanepoel and Jorge Maia of the Industrial Development Corporation (IDC). Export penetration opportunities are indeed likely to expand as Europe turns into a... 

The bitter pill of labour-market reform

By: Archivist     29th January 1999 Deputy President Thabo Mbeki’s new year announcement that there may be some review of South African labour legislation has been well-received by commentators, who have argued that former Labour Minister Tito Mboweni’s programme of heightened labour protection had put undue strain on... 

Johannesburg CBD development ban ‘a blow to democracy’

By: Archivist     15th January 1999 THE recent shock announcement of the Gauteng government’s intention to ban all office development outside the Johannesburg central business district (CBD) goes against everything the new free and fair democratic South Africa stands for, argues Colliers RMS commercial division manager... 

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