Clear visibility into supply chain complexity

In January 2019, the MSC Zoe lost more than 375 cargo containers in the North Sea, some of which contained organic peroxides, hazardous materials with explosive capability. The cost of locating and retrieving the cargo, some of which had sunk to the depths of the ocean, was born by MSC. The hunt was costly and time-consuming. In February 2019, the Safety and Shipping Reviewreleased its 2019 report that revealed the cost of the around 230,000 insurance industry claims over the past five years had almost reached $10 billion. The international shipping…

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Tanzanian PM urges local manufacturers to capture Southern African market

DAR ES SALAAM, Aug. 6 (Xinhua) — Tanzanian Prime Minister Kassim Majaliwa on Tuesday urged local manufacturers of various goods to capture the expansive market in the 16 member states of the Southern African Development Community (SADC). “Tanzanian local industries are manufacturing goods that can compete in the SADC market and elsewhere,” Majaliwa told a news conference shortly after he visited the 4th Annual SADC Industrialization and Exhibition Week in the business capital Dar es Salaam. The 4th SADC Industrialization Week and Exhibition, which was officially opened by President John…

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How voluntary licensing agreements are transforming HIV care

BARCELONA — In 2014, ViiV Healthcare, a pharmaceutical company dedicated to ending the HIV epidemic, and the Medicines Patent Pool, an organization funded primarily by Unitaid to increase access to medicines in lower-income countries, signed two voluntary licensing agreements. The agreements allowed generic manufacturers to produce and sell low-cost versions of the ViiV-developed HIV drug dolutegravir in all low- and lower-middle income countries, and across sub-Saharan Africa. The licenses also cover pediatric HIV treatment in upper-middle income countries. More reading ► Reducing stigma in health facilities to achieve UHC ► Candidate HIV vaccine to be tested for efficacy in…

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On cusp of pan-African trade deal, giant Nigeria clings to protection

LAGOS (Reuters) – Adeleke Adeleye stands in front of a bank of whirring printers spinning out dozens of envelopes a minute in Nigeria’s commercial capital of Lagos. His stationery company, FAE Ltd, is thriving and will move into a larger factory nearby by the end of next year. But he sees trouble on the horizon in the form of a new African free trade agreement aiming to unlock a market of 1.3 billion consumers – but which many in Nigeria, the continent’s largest economy, view as a threat. “It’s definitely…

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New national motor plan is geared up and ready to go

  The economy is flat, industrial growth is stuck in limbo and prospects for the sector are poor. Cue government’s new SA Automotive Masterplan (SAAM). Will it fuel the results everyone is hoping for? Despite government oiling the wheels of local vehicle manufacturers with tax breaks, economic development zones and industry masterplans, it has yet to jump-start the state’s growth ambitions. For one, the Automotive Production Development Programme (APDP), which is currently in play, has not succeeded in achieving its 2020 target of producing a million vehicles per year. SA…

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South African Factory Sentiment at Three-Year High

      Absa Group Ltd.’s Purchasing Managers’ Index, compiled by the Bureau for Economic Research, increased to 52.1 from 46.2 in June, the Johannesburg-based lender said in an emailed statement Thursday. That’s the first time since December that the index is above 50, which indicates expansion. The median estimate of 4 economists in a Bloomberg survey was 46.5. (Bloomberg) –The jump to a three-year high in a gauge measuring sentiment in South Africa’s manufacturing industry may not be sustainable. Key Insights The subindex for new-sales orders rose above 50…

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Furniture manufacturing industry crafts plans to stimulate sector

The South African furniture manufacturing industry, which has shed thousands of jobs in recent years, partly due to cheaper imports, is considering plans to stimulate the sector. The sector is calling on the government to enforce its procurement guidelines which are meant to prioritise local suppliers. The furniture manufacturing industry, which produces kitchen units, office desks and chairs among other products, contributes approximately 1% to SA’s gross domestic product and employs more than 26,000 people in about 2,000 factories. In the early 2000s the sector employed about 50,000 people in…

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South Africa must rev up its motor manufacturing engine or miss the bus

    The next century will be very different from the last, and any manufacturer looking to stay ahead must innovate in order to keep the wheels turning. There are lessons in this for South Africa, too, given its big bet on car manufacturing. Will we adapt or break down? Technology is shaping the future of mobility, from electric vehicles to autonomous cars and e-hailing services, which eliminate the need for a car completely. A visit to leading car and motorcycle manufacturers in China and Japan reveals a century of…

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A really ‘refined’ solution: Rand-Air Durban supplies Class-0 oil-free air to oil refinery shutdowns

While Durban is one of South Africa’s major industrial hubs, it is also home to some of South Africa’s major oil refineries. The fuel and oil from these refineries keep much of South Africa and its economy on the move and flowing smoothly every day. A refinery is a very large and highly complex operation which has been designed to run most of the time with a minimum of supervision. However, usually every two years, oil refineries need to be shut down for a period of intensive maintenance, replacement or…

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Botswana seeks AfDB funding for integrated agro-commercial project

INTERNATIONAL – Botswana’s Agricultural Ministry has submitted a funding request to the African Development Bank (AfDB) for an undisclosed amount to launch an integrated agro-commercial development project, a senior official said Monday. The ministry aimed to engage a transactional advisor and carry out next steps incorporated in the project, dubbed as Zambezi Integrated Agro-Commercial Development Project, according to Fidelis Molao, Botswana’s minister of agricultural development and food security. The project was launched to improve Botswana’s food security, diversify the sector, contribute to the country’s gross domestic product (GDP) and create…

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