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Trade News

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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