R/€ = 15.92 Change: -0.12
R/$ = 14.14 Change: -0.09
Au 1275.47 $/oz Change: -0.04
Pt 898.23 $/oz Change: -2.26


LME ready to address flaws in its metal storage rules

By: Reuters     18th April 2019 The London Metal Exchange is poised to deal with a loophole in its warehousing rules, exposed after commodity trader Glencore bought large amounts of aluminium earlier this year, sources familiar with the matter said. But the exchange will have to wait until a complaint lodged by Glencore with... 

Higher import tariffs on chicken will hurt poor consumers – EBieSA

By: Tasneem Bulbulia     17th April 2019 The Emerging Black Importers and Exporters South Africa and the South African National Consumer Union say raising tariffs on imported chicken could hike local chicken prices by up to 32%, putting South African consumers under further financial strain and impacting on food security for the poor.... 

Libstar to drive in-depth analysis, new product innovation at Dickon Hall Foods facility

By: Simone Liedtke     16th April 2019 Amid a tough customer landscape, food and beverage producer Libstar Group intends to drive in-depth analysis of category gaps and new product innovation – particularly through its Southdale-based Dickon Hall Foods facility – this year to increase its customer relationship advantage and develop... 

Five ways to tread a little lighter this Earth Day

16th April 2019 Earth Day is celebrated annually on 22 April. Now in its 49th year, Earth Day is one of the largest observances in the world with one billion people in 192 countries participating in activities each year1. ‘Protect Our Species’, the theme for this year’s Earth Day calls on all citizens around the... 

Corrugated packaging paper companies prosecuted for collusive conduct

By: Simone Liedtke     15th April 2019 The Competition Commission has referred a case of alleged cartel conduct against packaging and paper companies Mpact and New Era Packaging to the Competition Tribunal for prosecution. The two companies have been charged with fixing prices, dividing markets by allocating customers and tendering... 

Tetra Pak launches connected packaging platform

11th April 2019 Tetra Pak has launched its connected packaging platform, which will transform milk and juice cartons into interactive information channels, full-scale data carriers and digital tools. ​ The connected packaging platform will bring new benefits to food producers, retailers and shoppers driven by... 

New SKF JIS compliant ball bearing units for the European market

11th April 2019 A new range of Japanese Industrial Standards (JIS) compliant ball bearing units has been launched offering users enhanced performance in general use applications such in material handling, agriculture and food and beverage industries. SKF has released a new, competitive range of JIS compliant... 

Pöyry awarded with detailed engineering services assignment for a new paper machine

10th April 2019 Voith, the world's leading innovator in the paper industry, awarded Pöyry with a services assignment to carry out the detailed engineering design of its XcelLine paper machine supplied to the Gondi Group in Monterrey, Mexico. The services include all engineering disciplines as well as field... 

A culture of cleanliness can combat lost productivity

10th April 2019 At a time that economic growth remains constrained, South African businesses can hardly afford further losses due to lost productivity. Those losses can be significant, with the Momentum Effective Employee Index estimating 120 million days is lost to absenteeism every year, which amounts to... 

TOMRA Food consolidates its leading position in the South African market

9th April 2019 Following TOMRA Food’s successful participation in Propak Africa 2019, the leading exhibition for the packaging and processing exhibition, Norman Smith, TOMRA Food’s Area Sales Manager for South Africa shares the company’s plans for consolidating its position in the market. Johannesburg, [9th... 

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