Our review of the State of the Metals and Engineering sector in the first quarter of 2017 reaffirmed the low-growth scenario, which saw a second consecutive contraction in GDP technically catapulting the South African economy into a recession. However, the latest prediction by the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) captures an adjusted annual economic growth trajectory, highlighting a moderate turnaround in GDP growth this year of 0.8%, which is generally congruent with a global positive outlook. The recovery – albeit slowly – of some economic fundamentals…
Read MoreDay: August 31, 2017
Yokogawa South Africa (Pty) Ltd appoints Patricia Van Dunem: Sales Specialist – Mining
Yokogawa South Africa (Pty) Ltd enjoys an enviable reputation as a turnkey supplier of high performance, high quality process control and field instrumentation systems and services in the South African chemical, petrochemical, mining, pulp and paper, sugar, power generation and iron and steel industries. Has appointed a News Specialist – Mining – Patricia Van Dunem Welcome
Read MoreShoprite sees Eastern Europe as potential market
27 AUGUST 2017 – 00:08 PALESA VUYOLWETHU TSHANDU On the drive to Shoprite’s new distribution centre at Cilmor in Brackenfell, Cape Town, two Shoprite trucks are seen heading for Langa and Nyanga townships, two of the many emerging-market communities that form part of the group’s largest market. But as the group’s expansion in previously disadvantaged communities becomes saturated, industry pundits are asking; “Where can they go to from here?” And it seems that the answer may be … Eastern Europe. Newly appointed Shoprite CEO Pieter Engelbrecht, who has been in the…
Read MoreSA most ‘protectionist’ country when it comes to poultry, says IPC
São Paulo — SA is one of the most protectionist countries in the world when it comes to poultry and has become “masters” in using anti-dumping as a method of keeping out foreign products from its market, the head of the world’s poultry organisation said on Wednesday. The attack by International Poultry Council president James Sumner was made during a presentation at the bi-annual congress of the Brazilian Association for Animal Protein, which gathers representatives from the poultry and pork industry, government and other industry associations. Sumner is also head…
Read MoreSouth Africans take to online delivery service
South Africa’s unreliable, slow and theft-prone postal service has provided an opportunity to a company that enables South Africans to buy products from stores located almost anywhere in the world. American and European online stores have refused to sell products to people based in South Africa in recent years because their goods have not reached the shoppers and they have therefore suffered losses. International express, parcel delivery and logistics services company Aramex recently launched its Aramex Global Shopper (AGS) offering. This offering is expected to achieve 57% growth in sales…
Read MoreDOREEN KOSI APPOINTED TO SAB AND AB INBEV
The South African Breweries (SAB) and ABInBev has appointed Doreen Kosi as Vice President Legal and Corporate Affairs Africa Zone as of 1 August 2017. Doreen has wide-ranging experience in the private and public sectors and has also done extensive work in the fields of youth, children, women and community development. In recognition of her contribution to these sectors within Africa, she was last night awarded by the CEO Global as “Africa’s Most Influential Woman in Business and Government 2017”, one of the most coveted accolades on the Continent. Ricardo…
Read MoreTHE FUTURE IS FEMALE: SAB LERUMO
Tuesday, August 29th, 2017 JOHANNESBURG, 28 August 2017 – Developing small businesses to help them be sustainable and in turn create jobs and value in the South African economic and social landscape, is the purpose behind SAB Lerumo, the South African Breweries’ (SAB) Entrepreneur Development Programme. SAB Lerumo is a Supplier Development programme is targeted at black woman owned companies who are struggling to break through the barriers and improve their market access capabilities. The programme intends to impart core skills to the women to enable them to improve their…
Read MoreSA Businesspeople Urged to Partner with Mozambicans
SA Businesspeople Urged to Partner with Mozambicans The South African businesspeople have been urged to reach out to their Mozambican counterparts and establish partnerships that will enable them to access trade and investment opportunities in the neighbouring country. In a speech that he delivered during the official opening of the South African Pavillion at the international exhibition, FACIM in Maputo last night, the Board Advisor of the Mozambique Investment and Export Promotion Agency (APIEX), Dr Gil Bires said partnerships would be a perfect vehicle for exploring opportunities in Mozambique to…
Read MoreAlgal biofuel production is neither environmentally nor commercially sustainable
Modern biofuels have been touted as a greener alternative to petrol and diesel since the early 1900s. It seems like a good idea on paper, and they do work – but their use and production doesn’t come without problems. The first generation of biofuels – mainly ethanol made from plant crops – and second generation, derived from plant and animal waste streams, both had environmentalists and others concerned about the competition for land and nutrients between biofuels production and food production. It was with a lot of hope, and hype, that production of the third generation…
Read MorePort of Cape Town’s New Fuel Storage Facility Open for Business
The Port of Cape Town’s new fuel storage facility operated by black-empowered Burgan Cape Terminals, is now fully operational. The terminal received its pilot consignment of diesel aboard the tanker Marlin Ammolite in the first week of July 2017. Located on approximately 37 273 square meters of land at the port’s Eastern Mole, the new fuel storage and distribution facility for cleaner fuels is poised to assist with security of fuel supply in the region. Construction began in late 2015 after Transnet National Ports Authority awarded Burgan Cape Terminals a…
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