Will SA manufacturers survive the fourth industrial revolution?

Over time we have seen how mechanisation; mass production; computers and automation have greatly impacted manufacturing industries – proving time and again that nothing is more powerful than an idea whose time has come.   Now, as we teeter ever closer to Industry 4.0 – the fourth global industrial evolution that is set to be as pivotal if not more than its three predecessors put together — the most important question for South African manufacturers is whether we are ready to meet global competitors at the forefront of technology innovation.…

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New economic zones are no cure-all for manufacturing

Stumbling blocks for the success of special economic zones include legislation and alignment with other policy decisions and incentives, writes Amanda Visser The approval of six special economic zones (SEZs) in the 2018 budget has been welcomed, but some industry players warn they are not a panacea to restore manufacturing to its rightful place in the economy. Issues that remain stumbling blocks for the success of SEZs include legislation, consistency and alignment with other policy decisions and state incentives. According to the Manufacturing Circle, which represents medium to large manufacturing…

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Factory output surges on higher consumption of food and drinks

Annual South African manufacturing output growth accelerated to 2.5% in January from December’s figure, which was revised down to 1.8% from the 2% Statistics SA originally published. This was less than Bloomberg economists’ predictions, whose consensus was 2.8% growth, but matched Investec’s forecast. The boost came from food and beverages, which grew 10.1%, contributing 2.5 percentage points to the total; basic iron and steel, nonferrous metal products, metal products and machinery, which grew 4.3%, contributing 0.8 of a percentage point; and motor vehicles, parts and accessories and other transport equipment,…

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Sharpening African manufacturers’ competitive edge with technology

African countries from South Africa to Ethiopia to Nigeria are pinning some of their hope for economic growth and job creation on industrialisation. With its young population, dynamic growth and rapidly improving infrastructure, sub-Saharan Africa has the potential to become a manufacturing powerhouse in the years to come. But first, African manufacturers must boost efficiency, productivity and quality if they are to compete with low-cost producers in Asia as well as with the high-tech, tightly integrated supply chains in North America and Europe. A new industrial revolution is rapidly transforming…

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South Africa’s advanced manufacturing progress in spotlight

  South Africa’s Advanced Manufacturing progress will be showcased at the inaugural African Advanced Manufacturing and Composites Show in November. Details of the event which includes an exhibition, conferences, learning tours and national awards function were announced this week. Former Council for Scientific and Industrial Research scientist Andy Radford who now spearheads a cluster for South Africa’s composites role-players, said the event would create synergy and opportunity for advanced manufacturing business. “While manufacturing remains an essential part of South Africa’s economy – contributing around 19% of GDP, our efforts towards…

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GOODYEAR SOYBEAN OIL TECHNOLOGY WINS ‘ENVIRONMENTAL ACHIEVEMENT OF THE YEAR’ AWARD

AKRON, Ohio, Feb. 22, 2018 – The Goodyear Tyre & Rubber Company has been presented the prestigious Tyre Technology International Award for Innovation and Excellence in the category of “Environmental Achievement of the Year” during the 2018 Tyre Technology Expo in Hannover, Germany. The awarded technology represents a breakthrough by Goodyear in applying soybean oil in the tread compound of tyres, as a replacement for traditional petroleum oil. Over the past few years, Goodyear worked with the United Soybean Board to develop soy-based technology to enhance tyre performance. Following extensive…

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Investor Confidence in South Africa Received a Boost

Investor confidence in South Africa has received a boost with the official launch of Isuzu Motors South Africa (IMSA) in Port Elizabeth. The official launch follows an announcement made last year that Isuzu would purchase the light commercial vehicle operations in Port Elizabeth and also the balance of shareholding in its Isuzu Trucks South Africa operations.  The launch also follows General Motors disinvestment in South Africa last year as part of a broader, international strategic restructuring position by the company to exit certain markets as witnessed by the recent (last…

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Boksburg Company Scores a Double at National Premier Business Awards

A Boksburg-based Gauteng company scored a double when it scooped two awards at the fifth edition of the South African Premier Business Awards. Winners were announced at the awards ceremony that was hosted by the Department of Trade and Industry (the dti) in partnership with Brand South Africa and Proudly South African at the Sandton Convention Centre tonight under the theme Rewarding Business Excellence. According to the Minister of Trade and Industry, Dr Rob Davies the awards recognise and reward the contribution of the country’s companies in growing and transforming…

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R&D Spending Level: What Is the Right Amount?

How does your company determine how much to spend? Determining how much to spend on R&D and product development each year is an issue that has plagued management for decades. It is a difficult question. One of the big challenges has been tying R&D spending to results. Projects are funded, development occurs, products are launched, and commercialization ensues. Years pass before the data is in place to tie spending to results. Companies have tens to hundreds of projects going on at the same time. The relationship between spending and results…

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UGANDAN REFUGEE TURNED ENTREPRENEUR SAVES LIVES WITH RECYCLED SOAP

UGANDAN REFUGEE TURNED ENTREPRENEUR SAVES LIVES WITH RECYCLED SOAP

Renowned Ugandan refugee turned entrepreneur, human rights activist and CNN Hero, Dr. Derreck Kayongo, will be returning to Africa this year to share his inspiring story and recipe for success at the annual SAPICS Conference in Cape Town. Organisers of Africa’s leading event for supply chain professionals have announced that they are delighted to have confirmed Kayongo’s participation in the 40th annual SAPICS Conference, which takes place from 10 to 13 June. After fleeing civil war torn Uganda in 1979, Kayongo became a refugee in Kenya. He later immigrated to…

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