Enter competition for manufacturing SMEs

  BY STAFF REPORTER ON FEBRUARY 3, 2021NEWS, POLITICS Manufacturing SMEs are encouraged to enter the Eskom Business Investment Competition (BIC) which closes at midnight on 12 February 2021. “Manufacturing is the fourth largest industry in South Africa and bolstering participation in this sector provides a ripple effect in boosting technology and engineering in the country. It  also goes a long way toward creating jobs,” the organisers said. “Investment in the manufacturing sector creates an environment that supports other economic hubs that will improve the country’s productivity by increasing the ability to trade with…

Read More

Heading for a new normal: Key global manufacturing centres cling to expansionary territory

Latest manufacturing gauges offer cause for cautious optimism because, while the US and China saw headline declines, confidence is reappearing and both remain in expansionary territory. South Africa’s PMI increased, but revealed a softer underbelly. From the US through China to South Africa, January manufacturing activity gauges – arguably the most timeous and eagerly watched manufacturing sector indicators – have all been encouraging despite undershooting expectations in various respects. US and China indices experienced “modest declines”, while South Africa saw a slight increase at a headline level, but underneath were…

Read More

SADC strategy to boost regional manufacturing

The SADC Industrialisation Strategy and Roadmap foresees an increase in manufactured exports to at least 50 percent of total exports in the Southern African Development Community (SADC) by 2030. This is an increase from the present manufactured export output of less than 20 percent. The Industrialisation Strategy and Roadmap (2015-2063) also seeks to build market share in the global market for the export of intermediate products to East Asian levels of around 60 percent of total manufactured exports. The strategy and roadmap, adopted by SADC leaders in 2015, is anchored…

Read More

Cape Town company to make SA-designed oxygen delivery devices for Covid patients

A Cape Town medical manufacturer is set to mass produce a brand-new oxygen delivery device to assist South Africa’s struggling health sector. Gabler Medical, based in Thornton, will manufacture and distribute the Oxygen-Efficient Respiratory Aid (OxERA), a new low-cost and portable device that assists Covid-19 patients. The device was created by a team of volunteers in East London. Reiner Gabler, managing director of Gabler Medical, said there had historically been little support for the sector in South Africa, but this could change with the Covid-19 pandemic. “The supply shortages during…

Read More

South Africa’s 4IR strategy: Huge gap between what’s on the ground and what the Ramaphosa commission recommends

  How will the recommendations of the Presidential Commission on the Fourth Industrial Revolution catapult South Africa? We find a huge gap between what we see on the ground and the recommendations of the commission. The much-anticipated final report and recommendations of the Presidential Commission on the Fourth Industrial Revolution were officially gazetted and made available for public scrutiny in October 2020. In summary, the commission’s recommendations were: Invest in human capital development; Establish an Artificial Intelligence Institute; Establish a platform for advanced manufacturing and new materials; Secure and avail data to…

Read More

Manufacturing in contraction as demand remains depressed due to Covid-19 restrictions

JOHANNESBURG – MANUFACTURING production in South Africa is expected to stay in contractionary territory in the short to medium term as demand remains depressed due to the extension of Covid-19 lockdown restrictions. Data from Statistics South Africa (StatsSA) yesterday showed that manufacturing output continued its downward spiral in November, falling 3.5 percent compared with the same month a year before. This was the 18th straight month of declines in factory activity and at the quickest pace since August as the impact of the Covid-19 pandemic continued to affect demand. StatsSA…

Read More

African manufacturers will need to boost efficiency to master the challenges of the current market

By Gerhard Hartman, Vice President: Medium Business, Sage Africa & Middle East In the aftermath of the virus outbreak, 2020 has certainly been a challenging year for the manufacturing sector. The World Bank predicts the pandemic will push Sub-Saharan Africa into its first recession in 25 years with growth predicted to fall to -3.3% for 2020. Reduced demand has taken its toll on the balance sheet and cash flow of most producers. Pandemic effects to linger Many side effects from the pandemic could linger for years – from a scramble to…

Read More

Artificial intelligence in manufacturing

  By Florian Güldner, vice president, ARC Advisory Group.   Depending on your perspective, your thoughts on artificial intelligence (AI) probably fall somewhere between the technology being an abstract threat or possibility, and a real-world solution with concrete use cases where you may not even know the technology is at work. This article summarises the case studies presented at the AI workshop at ARC’s recent virtual European Industry Forum and shows potential usage of AI in machinery applications within today’s smart factories.     One of our key findings is…

Read More

Multibillion-rand plan to boost south Durban economy and create hundreds of jobs

Durban – MULTIBILLION-RAND plans to develop areas south of Durban, including the development of an automotive supplier park special economic zone (SEZ) to attract Japanese and other investors and a R4 billion logistics park, are expected to revive the region and create hundreds of jobs. Among the plans include the possible manufacturing of the first hybrid vehicle by Toyota South Africa in Durban next year and the development of a locally branded vehicle. Economic Development, Tourism and Environmental Affairs (Edtea) MEC Nomusa Dube-Ncube said the government had been negotiating with…

Read More

SA manufacturing decline slows

South African factory output contracted less than forecast and at the slowest pace in seven months in September on increased production of food and beverages.Output fell 2.6%, compared with a revised 11.1% decline in August, Statistics South Africa said Tuesday in a report published on its website. The median estimate of nine economists in a Bloomberg survey was for a 7.7% drop. Production rose 3.2% in the month. . The largest positive contribution came from food and beverages in September, the first full month that alcohol was allowed to be…

Read More