Steel strike: Workers struck while the iron was hot

The steel sector strike — which lasted almost three weeks and saw employers accuse labour of jostling an industry already on the brink — is over. The strike, led by the National Union of Metalworkers of South Africa (Numsa), hit the sector when it was in the midst of a recovery from the Covid-19 pandemic’s onslaught. The current global market conditions at play in this recovery meant that workers took on the local industry when stakes were higher than ever, experts say. Recent data indicates that, despite persistent inflation risks and China’s slackened…

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Ramaphosa is launching the new Toyota in South Africa – in a big push to have more cars made locally

President Cyril Ramaphosa will on Tuesday visit the Toyota South Africa production plant in Durban, KwaZulu-Natal, to officiate the launch of the Toyota Cross Hybrid vehicle. He will be accompanied by Trade, Industry and Competition Minister, Ebrahim Patel, KwaZulu-Natal Premier Sihle Zikalala and the Mayor of eThekwini Municipality, Mxolisi Kaunda. The launch of the Cross Hybrid vehicle flows from Toyota’s investment commitment made at the 2019 South Africa Investment Conference. In a statement on Monday, the Presidency said this commitment now sees Toyota producing its first generation of hybrid electric vehicles…

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Poor regulation of South African food industry has led to a public health crisis, say panellists

 From left: Public health lawyer Safura Abdool Karim, Maverick Citizen journalist Zukiswa Pikoli, strategic health journalist and editor Laura Lopez Gonzalez. (Photos: Supplied) By Ufrieda Ho The government has been dragging its feet on forcing food manufacturers and retailers to disclose clearly the unhealthy formulations in their processed food. This costs money and lives, say the panellists on a Daily Maverick webinar titled ‘Delay, Dilute, Delegitimise — how the food industry shapes what you eat and what you weigh’. The shuffling of health ministers in recent years has left policy and…

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Bates Motors acquires Isuzu Truck World

  Caption: From left – Fortunate Mdanda, Sipho Mdanda – new owners Isuzu Truck World Kempton Park, Billy Tom – President and CEO Isuzu Motors South Africa.     Kwa-Zulu Natal-based Bates Motors, which is an authorised Isuzu Franchisee, has signalled its entry into Gauteng with a 100 percent shares acquisition of Isuzu Truck World in Kempton Park. The sale of Isuzu Truck World to Bates Motors has been funded through a combination of both own equity and debt through the newly launched Automotive Investment Transformation Fund (AITF) which focusses…

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“We must rebuild now!” How Manufacturers and Engineering Companies Are Using Tech to Recover

The world’s economy hinges on the manufacturing and engineering sectors. According to Accenture, these industries account for more than $3 trillion in revenues, a staggering 25 percent of the manufacturing GDP (21.2 percent of GDP in US manufacturing, 25.4 percent in Europe and 32.9 percent for Japan) and up to 30 percent of all manufacturing employees across the globe.   However, COVID-19 has left its mark on manufacturing and industrial engineering sectors, as it has with almost all economies of the world. With major disruptions in sales, manufacturing, and supply…

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