Made in SA, not China.’ Why Foschini, Mr Price and Truworths now want local clothes

  After years of relying on Chinese imports, large South African clothing retailers are starting to source and manufacture more of their products locally. This enables them to respond faster to local fashion and weather trends. Sourcing SA-made summer clothes is easier than getting winter clothing, however. South African clothing retailers are reconsidering their love affair with cheap Chinese imports in favour of locally manufactured apparel. And while the disruption to international supply chains due to Covid-19 has emphasised the need to reduce reliance on Asian imports, the pandemic is…

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INFORMAL ECONOMY HAS THE POWER TO TRANSFORM AFRICA

    If your response to vendors plying their trade on South African streets is one of pity and despair, you need a lesson on the power of Africa’s informal economy, according to author, entrepreneur and informal business guru GG Alcock.   Alcock says that the informal business sector is the next great frontier of Africa and it is undergoing an economic revolution. “This is a new world of small people doing big things and transforming the continent,” he asserts. “Not only are these outlets and traders paying VAT on…

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Fresh data highlight a steady decline of SA’s manufacturing and mining sectors

    Manufacturing and mining data from Statistics South Africa this week indicate that the pace of deindustrialisation is picking up. The one bright spot is that while the mining sector’s output remains in a downward trajectory, sales are up because of prices. Let’s start with the manufacturing data released on Monday. Production in the sector fell 10.8% in August compared with August 2019, the 15th consecutive month of year-on-year decline. As NKC African Economics noted in a brief to clients, this underscores “how the sector was already struggling before…

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Dekra Industrial: keeping industry ‘on the safe side’ with holistic NDT and solutions

Dekra Industrial: keeping industry ‘on the safe side’ with holistic NDT and solutions

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Manufacturing conditions improve in September

  But the better figure ‘could still be entirely consistent with the level of output remaining well below that recorded prior to the lockdown’ 01 OCTOBER 2020 – 11:11 LYNLEY DONNELLY UPDATED 01 OCTOBER 2020 – 15:28 Picture: BLOOMBERG/PAULO FRIDMAN Manufacturing conditions steadily recovered in September as a shift to level 1 lockdown in the middle of the month likely drove improvements in the sector. The Absa Purchasing Managers’ Index (PMI) — released in conjunction with Stellenbosch University’s Bureau for Economic Research — rose to a 21 year high, reaching 58.3 index points. But this…

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How AI will revolutionize manufacturing

  Ask Stefan Jockusch what a factory might look like in 10 or 20 years, and the answer might leave you at a crossroads between fascination and bewilderment. Jockusch is vice president for strategy at Siemens Digital Industries Software, which develops applications that simulate the conception, design, and manufacture of products like cell phones or smart watches. His vision of a smart factory is abuzz with “independent, moving” robots. But they don’t stop at making one or three or five things. No—this factory is “self-organizing.” This podcast episode was produced…

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Maynier says new IPP deal could revive Atlantis, Cape’s green energy hub

  Cape Town – Allowing Cape Town to procure electricity from independent power producers (IPPs) could revive the economy of Atlantis, which in 2018 was declared a special economic zone (SEZ) and identified as a green energy hub, says Finance and Economic Opportunities MEC David Maynier. Maynier said the extent of the impact this would have depended on how quickly the different role-players gave effect to this policy, and the effectiveness with which a system for such contracting was put into place. “It is critical that the national procurement of…

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4 Ways to Leverage Manufacturing Data Visualization to Improve Communication

  Have there been times when you’ve looked at industrial data and gotten overwhelmed by the sheer complexity of it? That’s the kind of impact data generally has on people. To make it valuable, you have to make it consumable for decision-making, as this Forbes article rightly puts it. After all, collecting data is only one half of the story; the other half is communicating it to your stakeholders such as senior management, vendors, suppliers, functional departments, and floor employees. One of the most effective ways to communicate data is through data visualization.…

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How to share manufacturing network losses in the face of COVID-19

  Many large industrial groups have a global manufacturing footprint that is driven by business requirements. The functional profile of the manufacturing entities is different in each case and can range from contract manufacturers to fully fledged intellectual property owning entrepreneurs. However, one thing that multinationals have in common is that the footprint, the product programme, and the contribution to the group value chain is always the outcome of the multinational’s business strategy. Production plants will usually produce only a segment of the global product portfolio and sell their output…

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New law to bar foreigners doing business in Gauteng townships

  Johannesburg – Foreign nationals living in Gauteng will soon be barred by law from doing business in the province’s townships unless they obtain permanent residency status. The Gauteng provincial government wants to stop foreign nationals from operating some businesses in the townships as part of plans to revitalise the economy in a number of the region’s most densely populated areas. A proposed new law drafted by the Gauteng economic development department and premier David Makhura’s policy unit will reserve certain economic activities in townships for South African citizens and…

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