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July manufacturing output up 2.9%

By: Reuters     11th September 2018 South Africa's industrial output expanded in July as food and motor vehicle output rose, easing pressure on an economy that recently slipped into recession and is struggling for investment amidst policy uncertainty and possible credit downgrades. The statistics agency in Africa's most... 

Sumitomo Rubber’s truck, bus tyre plant starts production

By: Irma Venter     24th August 2018 Sumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop tyre brand, has officially started production at its truck and bus radial (TBR) tyre manufacturing plant in Ladysmith, KwaZulu-Natal. Japanese company Sumitomo Rubber Industries, the world’s fifth-largest producer of automotive tyres... 

Sumitomo Rubber’s truck and bus tyre plant starts production

By: Irma Venter     7th August 2018 Sumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop tyre brand, has officially started production at its truck and bus radial (TBR) tyre manufacturing plant in Ladysmith, KwaZulu-Natal. Japanese company Sumitomo Rubber Industries, the world’s fifth-largest producer of automotive tyres... 

June manufacturing output up 0.7%

By: Reuters     7th August 2018 South Africa's manufacturing output rose by 0.7% year-on-year in June, following a revised 2% expansion in May, the statistics agency said on Tuesday. Statistics South Africa said factory production on a month-on-month basis rose 0.3% in June, and in the three months to June it fell by 0.1%... 

Manufacturing output tempers recession fears

By: Reuters     12th July 2018 South Africa's manufacturing output rose again in May after a disappointing first quarter as production of motor vehicles and durable consumer goods increased, offering hope the economy will avoid slipping into recession. The continent's most industrialised economy suffered its worst quarterly... 

April manufacturing output up 1.1% Y/Y

By: Reuters     7th June 2018 South Africa's manufacturing output expanded by 1.1% year-on-year in April following a revised 1.6% contraction in March, the statistics agency said on Thursday. Statistics South Africa said factory production on a month-on-month basis shrunk 0.6% in April, decreased by 3% in the three months to... 

Weak mining, manufacturing data put pressure on South Africa recovery

By: Reuters     10th May 2018 South Africa's mining and manufacturing industries contracted in March as policy uncertainty and lukewarm demand weighed on output, threatening to reverse a fragile economic rebound. Mining production in March suffered its sharpest fall in two years and industrial output dropped, Statistics South... 

Auto exports earned South Africa R165bn in 2017

By: Irma Venter     4th May 2018 Total earnings from South African automotive exports reached R164.9-billion in 2017, comprising 13.9% of South Africa’s total export earnings. This number is down from the record R171.1-billion achieved in 2016, at 15.6% of total export earnings. Total automotive revenue in the South African... 

Feb manufacturing output disappoints on firmer rand, bottlenecks

By: Reuters     10th April 2018 South Africa's manufacturing output came in below expectations in February following a run of five months of robust growth, with analysts pointing to a stronger rand and various bottlenecks, including the cost of doing business. Manufacturing output rose 0.6% year-on-year in February, well below... 

January manufacturing output up 2.5% y/y

By: Reuters     13th March 2018 South Africa's manufacturing output rose 2.5% year-on-year in January after expanding by a revised 1.8% in December, Statistics South Africa said on Tuesday. Factory production on a month-on-month basis was down 1.6% and rose 1.8% in the three months to January compared with the previous three... 

Signs of manufacturing recovery, despite ongoing metals industry pressures

By: Megan van Wyngaardt     8th February 2018 The latest preliminary production data for the metals and engineering sector, released by Statistics South Africa (Stats SA) on Thursday, reflected a slowdown in production in December, despite a 2% increase in the broader manufacturing production during the same period, Steel and Engineering... 

Cool heads and cooperation needed to address WCape drought crisis – Agri SA

By: African News Agency      19th January 2018 Cool heads and steady leadership are needed to mobile and support farmers and residents as south-western parts of  South Africa grapple with a drought-related water crisis, farm group Agri SA said on Friday. “As the threat of our water sources running dry begins to materialize, panic is beginning... 

November manufacturing output up 1.7% y/y

By: Reuters     11th January 2018 South Africa's manufacturing output rose 1.7% year-on-year in November, after rising by a revised 2.3% in October, Statistics South Africa said on Thursday. Economists polled by Reuters had forecast manufacturing volumes would rise by 0.45% year-on-year in November. 

October manufacturing output up 2.2% y/y

By: Reuters     12th December 2017 South Africa's manufacturing output rose 2.2% year-on-year in October, beating market expectations, after falling by a revised 1.7% in September, Statistics South Africa said on Tuesday. Economists polled by Reuters had forecast manufacturing volumes would rise by 0.75% year-on-year in October. 

SA car buyers had widest choice-to-market-size ratio globally in 2016

By: Irma Venter     9th June 2017 South African car buyers had access to 55 passenger car brands in 2016, with 3 458 model derivatives to choose from, says National Association of Automobile Manufacturers of South Africa (Naamsa) executive manager Dr Norman Lamprecht. “This afforded car buyers the widest choice to market-size... 

South Africans spoilt for choice when buying new vehicles 

By: Irma Venter     23rd May 2017 South African car buyers had access to 55 passenger car brands in 2016, with 3 458 model derivatives to choose from, says National Association of Automobile Manufacturers of South Africa (Naamsa) executive manager Dr Norman Lamprecht. “This afforded car buyers the widest choice to market-size... 

Revised framework for SA auto sector expected by year-end

By: Irma Venter     21st April 2017 The framework for the government support programme to replace the Automotive Production and Development Programme (APDP) is “currently under consideration and should be announced by the end of 2017”, says National Association of Automobile Manufacturers of South Africa director Nico Vermeulen.... 

Manufacturing output contracts 3.6% y/y in Feb

By: Anine Kilian     11th April 2017 South Africa’s manufacturing output contracted by 3.6% year-on-year in February. The largest contributors to the decline were the petroleum, chemical, rubber and plastics and food and beverages sectors. 

Export strategies likely to be feature of updated auto support programme

By: Irma Venter     31st March 2017 Given the poor outlook for growth in sub-Saharan Africa since the sharp decline in oil and commodity prices, “it would be reasonable to conclude” that any government support programme for the South African automotive industry requires a “sustainable export strategy”, says Mercedes-Benz South... 

New APDP must boost volumes, exports, says Merc SA CEO

By: Irma Venter     15th March 2017 Given the poor outlook for growth in sub-Saharan Africa since the sharp decline in oil and commodity prices, “it would be reasonable to conclude” that any government support programme for the South African automotive industry requires a “sustainable export strategy”, says Mercedes-Benz South... 

New auto programme to be announced by end-2017, says Naamsa 

By: Irma Venter     6th March 2017 The framework for the government support programme to replace the Automotive Production and Development Programme (APDP) in 2021 is “currently under consideration and should be announced by the end of 2017”, says National Association of Automobile Manufacturers of South Africa director Nico... 

Manufacturing output underperforms in October

By: Natasha Odendaal     8th December 2016 South Africa’s manufacturing output delivered a surprise contraction in October, well below the market expectations of a 0.7% to 0.8% increase, indicating that economic activity remains weak and underlying confidence fragile. New data released by Statistics South Africa on Thursday show a... 

Sacci BCI improves to 93.9

By: Megan van Wyngaardt     7th December 2016 The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) improved to 93.9 in November, despite a depressed domestic and global economy and further harmful domestic sociopolitical “diversions that unfavourably influenced the business climate”. The improvement was... 

Business confidence reaches 31-year low

By: Natasha Odendaal     5th October 2016 The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) dipped to a 2016 low in September – in fact, the lowest since July 1985’s index of 90.2 – resulting in a markedly lower average index for the first three quarters of this year than the comparable prior-year... 

African companies and govts need to work harder to benefit from growth potential – McKinsey 

By: Anine Kilian     15th September 2016 Some of Africa’s economies have been experiencing significantly less accelerated growth than five to fifteen years ago, having started experiencing a marked slowdown as a result of lower resource prices and higher sociopolitical instability. This is despite the bulk of the continent’s countries... 

Sacci BCI falls to 92.9 in August

7th September 2016 Events beyond normal economic activity and business matters disrupted the turnaround in the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) in June and July, with the BCI falling by 3.1 points month-on-month to 92.9. The BCI was also 4.7 points lower than in... 

Automotive Show To Address Needs Of SA's Automotive Manufacturers

6th September 2016 The National Association of Automotive Component and Allied Manufacturers of South Africa says industry and government will gather on a large-scale at the NAACAM Show in April next year to drive manufacturing growth in the sector. NAACAM President Dave Coffey said the Show, to be held every two... 

UAVs lead way for smaller aerospace manufacturers

By: Sebastian Whyle     26th August 2016 Unmanned aerial vehicles (UAVs) – commonly referred to as drones – have led the way in introducing smaller manufacturers to what has typically been a large-scale industry, says South African aerospace-focussed programme National Aerospace Centre (NAC) director Philip Haupt.  

Sacci BCI continues gradual recovery in April

By: Anine Kilian     6th May 2016 The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) continued its gradual recovery in April, recording its fourth consecutive month-on-month improvement. The BCI came in at 82.5 in April, 1.3 points higher than in March, but still 7.4 points below the... 

Steel sector to see slow growth in demand in 2016/17 – worldsteel

By: Anine Kilian     13th April 2016 Global steel demand is expected to contract by 0.8% to 1.48-billion tonnes in 2016, following a 3% contraction in 2015; however, the World Steel Association (worldsteel) estimates that global steel demand will return to growth of 0.4% to 1.49-billion tonnes in 2017. Worldsteel stated in its... 

Barclays PMI rises to 47.1 in February

2nd March 2016 The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) increased to 47.1 index points in February, up from 43.5 in January, to reach its highest level since October 2015. The PMI was also above the average 45.6 recorded in the fourth quarter of 2015. 

Gold’s breakout heralds boost for smaller producers as seniors lumber behind

By: Simon Rees     19th February 2016 Gold’s run so far this year might have surprised several analysts, specifically those who had predicted an annus horribilis for the yellow metal starting mid-2015. Gold certainly came under some pressure towards the end of 2015, hitting a calendar-year low of $1 049.40/oz London pm fix on... 

Weak rand a ‘window of opportunity’ for struggling manufacturers 

By: Terence Creamer     15th January 2016 The recent sharp decline in the rand is yet to filter through to the manufacturing sector, but new Manufacturing Circle executive director Philippa Rodseth is cautiously optimistic that the depreciation will result in increased exports in the coming months. However, she warns that it cannot be... 

New vehicle sales recession intensifies – Naamsa

By: News24Wire      1st October 2015 September’s new vehicle sales in SA declined by 9% year-on-year to 55 322 units, the Department of Trade and Industry’s monthly data showed on Thursday. The good news, however, is that y/y vehicle exports increased by 14.3% to 35 181 units. 

Tech investment boosts manufacture of aircraft composites

By: Mia Breytenbach     28th August 2015 Western Cape-based aircraft and automotive composites products manufacturer AAT Composites has invested in new machining and manufacturing technology, valued at about R20-million, to increase its competitiveness in the global aerospace industry. AAT Composites’ key capabilities include the... 

Regional approach to export strategy vital, says logistics council

By: Natalie Greve     20th August 2015 Rather than adopting piecemeal export strategies that are not aligned with their neighbours, Southern African countries should collaborate and cooperate in the field of export promotion and supply chain to exploit existing and potential “complementaries”, Southern Africa Shippers and Logistics... 

April contraction shatters sense of security after manufacturing output improvement

By: Natasha Odendaal     12th June 2015 The 2% year-on-year contraction in April’s manufacturing output has put to bed any expectation of the metals and engineering sector improving in 2015, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said this week. “The flicker of light reflected by the improved... 

Manufacturing Indaba to tackle poor performance in SA’s manufacturing sectors

20th May 2015 The manufacturing industry in South Africa continues to face tremendous challenges. Statistics SA’s recent quarterly manufacturing review revealed the seasonally adjusted volume of manufacturing output is at the same level it was in 2006 and flat-lining. Manufacturing sales between the last... 

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