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Davies hails Hisense’s R72m investment in Atlantis factory expansion

By: Tasneem Bulbulia     Updated 1 hour 12 minutes ago Minister of Trade and Industry Dr Rob Davies has hailed Hisense’s investment of R72-million into its refrigeration and television production lines at its factory in Atlantis, in Cape Town, as an “important achievement” and “another example of the fruits of South Africa’s successful partnership... 

Ascendis Health records strengthened interim gross margin

By: Tasneem Bulbulia     18th March 2019 Ascendis Health’s gross margin for the six months ended December 31, 2018, strengthened by 260 basis points to 44.9%, mainly owing to improved raw material pricing through strategic sourcing in Farmalider and Remedica, the discontinuation of low-margin products in the Wellness, Biosciences and... 

Public-Private Growth Initiative identifies 18 ‘priority projects’ to unlock growth 

By: Terence Creamer     18th March 2019 The Public-Private Growth Initiative (PPGI), an evolving sector-based collaboration between government and business, has earmarked 18 projects across various sectors of the South African economy for priority implementation in the coming months. Minister in the Presidency Dr Nkosazana Dlamini-Zuma... 

Water – the life-blood of all industrial processes

By: Creamer Media Reporter      18th March 2019 Utilities in industrial production are rarely the focus of attention but without them nothing would be possible. At the same time, utilities offer enormous potential for Liquid Analysis measuring technology. Let us take a closer look! What do we really mean by the term "utilities"? 

Zimbabwe currency crisis robs Bell of record year 

By: Irma Venter     18th March 2019 A new currency regime in Zimbabwe robbed Bell Equipment of a record financial year, giving the company a R87.4-million “ankle-tap that went straight to the bottom line”, said CEO Leon Goosen on Monday. “It happened right at the end of the year. It’s incredibly sad.” 

The Role of Manufacturing in Africa

18th March 2019 Manufacturing plays a prominent role in Africa’s economic development made evident by how industrial growth positively affects the overall GDP and productivity of the nation. Manufacturing activities promote development in that they boost the value generated in an economy by creating activity... 

Tribunal approves Glencore, Chevron merger, with conditions

By: Marleny Arnoldi     15th March 2019 The Competition Tribunal on Friday approved a merger involving Glencore South Africa Oil Investment (Glencore SA Oil) and Chevron South Africa (Chevron SA). The transaction involves Glencore SA Oil acquiring 75% of the issued share capital of Chevron SA, from Off The Shelf Investments.  

Industroclean sees value addition and partnerships key to industry growth

15th March 2019 One of the most significant changes in the industrial and commercial cleaning space over the past number of decades is a shift in mindset. That shift has been from viewing cleaning as a commodity service measured purely on cost, to one that values partnerships that contribute to supply chain... 

PE-based e-coating specialist seeks majority empowerment partner 

By: Irma Venter     15th March 2019 Port Elizabeth-based e-coating specialist, Electrocoat, wishes to sell at least 51% of the business to a black investor. Businesses that are successful in implementing major transformational changes will secure a sustained competitive advantage under the South African Automotive Masterplan 2035,... 

Digitalization as a toolbox

15th March 2019 Selecting the most appropriate digital technologies – and implementing them in a practical way – will help manufacturers improve machine output and provide a better service to their customers, says Bernie Van Leeuwen, Product Development Director at SKF. We are in the midst of a digital... 

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