LESCO Manufacturing exemplifies the economic and social potential of the local manufacturing industry

Increasingly, localisation has become considered more seriously as a potential driver of economic growth and resilience, in the face of challenges like Covid-19. While globalisation has led countries the world over to defer to places like China for its manufacturing capability, businesses like LESCO Manufacturing are proving that there is vast untapped potential in the South African manufacturing industry. Not only to benefit South Africa economically, but socially as well in the form of increased employment opportunities for a struggling jobless workforce.   With over a decade of experience in…

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The Greater Tygerberg Partnership Conference Highlights Growing Investment Opportunities in Bellville

27 September 2021 – The Greater Tygerberg Partnership (GTP) knows better than anyone the potential for future growth in Bellville, the second metropolitan node of the City of Cape Town. The GTP will unpack the investment case for Bellville at its annual investment conference on the 14th of October 2021 starting from 9h30am.   This year, the GTP’s fourth investment conference will be held in an innovative custom virtual venue, designed by the GTP in conjunction with partners Real Estate Investor Magazine (REIM). The platform offers the best of virtual reality…

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NAACAM ANNOUNCES MBA SCHOLARSHIP IN REMEMBRANCE OF FORMER TOYOTA SA CHAIRMAN

From left: Mbusiswa Ngcobo, NAACAM Vice Chairperson for KZN and Commercial Director and Executive Chairman of Technique Manufacturing Corporation; Justin Barnes, TWIMS Executive Director; Andrew Kirby, Toyota South Africa President and CEO; Renai Moothilal, NAACAM Executive Director; and Ugo Frigerio, NAACAM President and CEO KAP Automotive The National Association of Automotive Component and Allied Manufacturers (NAACAM) is providing a full manufacturing-focused MBA scholarship at the Toyota Wessels Institute for Manufacturing Studies (TWIMS) for the intake 2022 intake.   The one-off scholarship will be awarded in memory of Dr Johan van Zyl,…

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KBL introduces NEO Series 4-inch Borewell Submersible Pumps

These pumps are highly efficient, ensuring 30% higher discharge and 60% more life over current offerings in the market The energy-saving features ensure 60% savings on electricity bills Innovative Sand Fighter Design that restricts the entry of sand protects the pump-set brushes in sandy borewells   Mumbai, September 2021: Kirloskar Brothers Limited, one of the global market leaders in fluid management solutions and services, has launched new series of time-tested Borewell Submersible Pumps—NEO Series 4-inch. This new series of Borewell Submersible Pumps are versatile. They have been designed to effectively cater…

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“The Rise Of Account Takeover Fraud”

Banking fraud management has always been dynamic, fast paced, and complex. Fraudsters are constantly evolving their tactics to adapt to changes in the banking landscape and exploit weaknesses and vulnerabilities. This has only accelerated with technology advancements and digital transformation. Now, more than ever, banks need the right processes and technology to respond to any fraud scenario quickly and effectively. One emerging fraud trend continuing to plague banks worldwide is the increase in account takeover (ACTO) fraud. ACTO fraud is when fraudsters gain unauthorized access to account information to extract…

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Young people urge leaders to protect the most vulnerable against climate change

More than 2,000 young leaders and youth-led organisations from across the Commonwealth are  urging governments to respect the needs and contributions of the world’s most vulnerable groups, in the lead up to global climate talks in Glasgow in November. The Commonwealth Youth Statement on Climate Change, released today, appeals to governments to include youth, women, the elderly and people with disabilities in decision-making on climate change-related policies. Noting that 1.5 billion people in the Commonwealth are under the age of 30, young people call on leaders to ensure additional, predictable…

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Gazetting of EPC regulations creates potential boom in energy businesses

A great opportunity lies ahead for individuals and businesses in the energy sector, thanks to new Energy Performance Certificate (EPC) regulations which were gazetted by the Department of Mineral Resources and Energy (DMRE) in December 2020. Young professionals and graduates in the engineering disciplines with the mindset to be a part of the energy efficiency solution are sure to benefit here.  This is the view of Ms Vash Singh, MD of Alliance Energy, who recently shared her journey of becoming the 2nd SANAS-accredited Inspection Body, and first black women-owned one,…

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People are a business’ greatest asset – investing in them is essential for growth

  By Daniel Orelowitz, Managing Director of Training Force, a company within the Workforce Training and Consulting Cluster, part of Workforce Holdings   28 September 2021   Broad-Based Black Economic Empowerment (B-BBEE) was meant to address the inequalities of the past by creating equal employment opportunities. Unfortunately, rather than speeding up economic transformation, it has often simply enriched a select few while most previously disadvantaged individuals remain at a disadvantage. Every element of economic transformation needs to be made broad based, and skills development lies at the very heart of…

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Automechanika Johannesburg offers a new digital format for the international audience with a focus on industry and trade

Automechanika Johannesburg offers a new digital format for the international audience with a focus on industry and trade. Under the motto ‘Let’s talk Business’, this includes a series of panel discussions on current topics presented by key players in the industry, associations, and other stakeholders. Automechanika Johannesburg is proud to announce its involvement in the internationally renowned ‘Let’s Talk Business‘ series, which is in association with Absa. The webinar series will focus on industry-related topics,and will be aimed at facilitating conversations with key associations and stakeholders, both regionally and internationally.…

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International study verifies energy savings potential of Standards and Labelling Programmes – and SA is on track

The International Energy Agency (IEA) and 4E Technology Collaboration Programme (4E TCP) have released a report on the effectiveness of Energy Efficiency Standards and Labelling (EES&L) programmes. Labelling electrical equipment such as, among others, residential appliances, electric motors, streetlighting, etc. according to their energy performance helps consumers to make informed purchasing decisions, saving them billions of dollars on electricity and avoiding more than 300 million tonnes of CO2 emissions each year. The South African National Energy Development Institute (SANEDI) reports that this international study has strengthened local EES&L programmes, through…

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