South Africa’s building industry in dire straits

  Business confidence in the construction industry has reached record low levels. The state’s tendency to underspend on housing budgets means some R400m will be returned to National Treasury – while the housing backlog, estimated at up to 4m units, continues to grow. Image: iStock South Africa’s building industry is in dire straits, with confidence among major contractors declining to record low levels as a result. The latest FNB-Bureau for Economic Research (BER) building confidence index released on Tuesday reveals that confidence declined in the third quarter to 35 index…

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Are multinational companies in the automotive industry in South Africa stifling growth?

The Guidelines for Competition in the South African Automotive Aftermarket need to be applauded and its implementation carefully monitored, particularly at a time when the economy is experiencing an unprecedented unemployment crisis.  Kate Elliott. Kate Elliott, CEO of Right to Repair SA, and a strong proponent for advocating for consumer choice and a free market which encourages fair competition, said the reality is that under certain conditions, totally free markets often fail to deliver optimal results. One reason for this is harmful conduct by firms that have grown too big…

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South Africa’s steel industry master plan is a case of close, but no cigar

Opinionista • Ludovico Sanges The steel master plan is a good start, but certain key issues need to be addressed in order to revive the downstream steel industry. The steel industry master plan was signed on 11 June 2021, with the laudable aim of revitalising the country’s ailing downstream steel industry, which turns “raw” steel into products. The concept of a master plan has considerable merit, especially when it comes to saving a critical strategic industry, but important issues need to be resolved to make it a success. Duferco, which represents a…

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Government moves ahead with controversial ‘localisation’ plans for some products in South Africa

Trade and industry minister Ebrahim Patel says the government’s industrialisation and localisation policies aim to build and upgrade domestic production to supply domestic and foreign markets, support broader economic development and promote employment growth. Patel has faced criticism in some sectors after the government announced plans to designate more products under the 100% local content category to support SMMEs in the local manufacturing sector. It has also considered blocking some imported products that are not 100% local. Responding in a written parliamentary Q&A this week, Patel said that the localisation is not just…

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FUCHS LUBRICANTS ACHIEVES IATF 16949:2016 CERTIFICATION

  Caption: From left to right: Andrew Cowling; Paul Deppe; Neo Pooe; Zandile Xulu;  Dr. Siphilisiwe Ndlovu; Lesley Mabaso. FUCHS Lubricants South Africa has achieived IATF 16949:2016 certification which aims at providing improved quality products to automotive customers worldwide. IATF 16949, specified by The International Automotive Task Force (IATF), defines the QMS standards specifically for the automotive industry.   IATF 16949:2016 emphasises the development of a process-oriented quality management system to facilitate continual improvement, defect prevention and waste reduction in the supply chain. Dr Siphilisiwe Ndlovu, Technical Director at FUCHS Lubricants…

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Hyundai Motor Group sets out vision for hydrogen energy

The Hyundai Motor Group has set out its vision for hydrogen energy and a global hydrogen society, and its plans to popularize hydrogen by 2040 through the introduction of new technologies and mobility solutions in transportation and other industrial sectors. At its Hydrogen Wave global online forum held this week, the Hyundai Motor Group (Group) unveiled unprecedented plans that will see the electrification of all new commercial vehicle models – featuring fuel cell electric or battery electric powertrains, as well as the application of fuel cell systems – by 2028.…

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THE ALL NEW RENAULT KIGER: DESIGNED TO TURN HEADS

The all new Renault Kiger has made its début in SA. This compact SUV is destined to change the face of the local SUV market, with its resolutely modern and dynamic design, and a suite of features to match. The all new Renault Kiger strongly represents the latest design evolution pioneered by the Head of Group Design, Laurens Van Den Acker. In the words of Laurens: ‘’True to the promise of the show-car, Renault Kiger is a robust, dynamic and generous SUV. Armed for travel in the urban jungle we…

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: Business Process Outsourcing can alleviate South African manufacturing industry’s labour relations headaches

By Gean Botha, MD at Programmed Process Outsourcing (PPO)   20 September 2021   In the aftermath of 2020’s national Covid-19 lockdown, businesses were eager for economic recovery. However, South Africa’s fourth largest industry – manufacturing – is struggling to get back on its feet. While industry stats over the past year indicate an improvement since May 2020, month-on-month growth in the last six months has shown only two positive upticks (0,7% in December 2020 and 3,2% in March 2021). The manufacturing sector has suffered many setbacks during this time…

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Energy efficiency ‘service providers’: A simple solution to going green, without capital outlay

Many businesses and individuals are aware of the importance of reducing their energy consumption; doing so offers benefits for the environment and a decrease in one’s utility bill. However, one of the biggest barriers to wider adoption of energy efficient technology is the capital outlay required to purchase, install, and maintain these systems. This is according to Barry Bredenkamp, General Manager, Energy Efficiency & Corporate Communications at the South African National Energy Development Institute (SANEDI). Bredenkamp reports that a possible solution lies in the procurement of energy efficiency as a…

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News South Africa Buzz BUZZ Sisters Who Make Recycled Plastic Bricks Celebrate a Major Milestone: #BossBabes

An eco-friendly plastic brick company has headed online to celebrate its product being sold in a major retail outlet The brick manufacturing and construction business was founded by two sisters, Kekeletso and Kedibone Tsiloane Mzansi took to the comments section to share their reactions to the super inspirational news A locally manufactured brick company has impressed South Africans with its latest announcement. Ramtsilo Plasti-Bricks was founded by the Tsiloane sisters and today their eco-friendly products can be found in Builders Warehouse stores. Ramtsilo “Plasti-Bricks” are officially available in major retailers…

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