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Saturday, June 7, 2025

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manufacturing

Another blow to Eastern Cape job market as Goodyear signals plan to shut Kariega factory

Goodyear's decision to close its only factory in South Africa raises concerns about the future of nearly 900 jobs in the Eastern Cape.

Business Jobs
Jason Woosey|Published

Precious minerals shipped away: Why SA wants to incentivise local production of EV batteries

South Africa is set to enhance its vehicle production incentives, aiming to boost local EV battery manufacturing and capitalise on its rich mineral resources.

Motoring Industry News
Jason Woosey|Published

Volkswagen SA’s locally produced entry-level SUV now a step closer: here's what to expect

Volkswagen South Africa is set to launch a new entry-level SUV, following significant upgrades at its Kariega plant. Here's what to expect from the new model.

Motoring Industry News
Jason Woosey|Published

Nissan considering closing its South African plant, Japanese source says

Nissan's recent announcement of a major restructuring plan could spell trouble for its South African plant in Rosslyn, with unnamed sources saying it is being considered for closure.

Motoring Industry News
Jason Woosey|Published

Nissan to close 40% of its factories in shock restructure: will SA’s Rosslyn plant survive?

Nissan's latest turnaround plan involves closing seven factories and cutting 20,000 jobs. Following a staggering annual net loss, the company aims to streamline its operations. What does this mean for the future of the Rosslyn plant in SA?

Motoring Industry News
Jason Woosey|Published

The impact of Trump’s tariffs on South Africa's automotive industry

With resilience and ingenuity, the future may hold brighter horizons for South Africa’s automotive sector.

Business
Nicola Mawson|Published

South Africa urged to broaden its global trading base as US tariffs loom

With the looming threat of losing duty-free access to the US market, South Africa must urgently rethink its trade agreements to safeguard its agricultural, mining, and vehicle manufacturing sectors.

Business Economy
Jason Woosey|Published

Blood gold bonanza: Inside South Africa’s shadow mining empire where crime, corruption, and desperation strike it rich

The rise of illegal mining in the country has raised human rights concerns and questions about who ultimately benefits.

News South Africa
RT News|Published

Humanoid robots stride into the future with world's first half-marathon

The 21-kilometre event held in the Chinese capital's E-Town -- a state-backed high-tech manufacturing hub -- was billed as a groundbreaking effort.

Tech
AFP|Published

Clothing sales helps beat the February retail sales blues

Retail sales, overall, contribute 20% to the economy, with the wholesale and retail sectors, specifically, being estimated to be the fourth-largest contributors to the country's GDP.

Business Jobs
Nicola Mawson|Published

30% US tariff: The looming crisis for South Africa's agriculture and manufacturing sectors

US imposes 30% tariffs on South African exports, threatening to slash economic growth by up to 0. 2%. Economists warn the move is a calculated strategy to force American companies like Ford to abandon their SA operations and return home, putting thousands of jobs at risk across agriculture and manufacturing sectors.

News South Africa
Gcwalisile Khanyile|Published

Global automotive industry remains in peril as sector excluded from Trump tariff pause

With Donald Trump's blanket 25% import tariff still in effect, how will the global automotive industry navigate the challenges ahead?"

Motoring Industry News
Jason Woosey|Published

US tariffs could have serious implications for jobs, investment in SA auto sector, warns Naamsa

Naamsa warns that the recent US tariffs could harm South Africa's automotive industry, threatening jobs and investment in a sector already facing significant challenges.

Motoring Industry News
Jason Woosey|Published

Manufacturing sector bracing for further decline amid power woes and US tensions

The Absa PMI remained in contractionary territory for a fifth consecutive month, although it improved slightly to 48. 7 in March. Manufacturers expect deteriorating conditions in the next six months due to load shedding and strained SA-US relations, despite some recovery in export markets.

Business Report
Siphelele Dludla|Published

Tshwane approves Rosslyn automotive hub plan set to create 150 000 jobs

The newly approved 7 157-hectare automotive manufacturing hub in Rosslyn aims to become Africa's largest industrial park, with BMW, Nissan, Tata, and Iveco already established in the area. The 40-50 year development project promises billions in investment and comprehensive infrastructure development.

The Star News
Rapula Moatshe|Published

Tshwane approves Rosslyn automotive hub plan set to create 150 000 jobs

The newly approved 7 157-hectare automotive manufacturing hub in Rosslyn aims to become Africa's largest industrial park, with BMW, Nissan, Tata, and Iveco already established in the area. The 40-50 year development project promises billions in investment and comprehensive infrastructure development.

News
Rapula Moatshe|Published

Turnover gains in construction, manufacturing, and mining sectors amid economic challenges

Discover how South Africa's construction, manufacturing, and mining sectors are thriving with significant turnover growth, even as GDP growth lags and job losses persist.

Business
Nicola Mawson|Published

Slower manufacturing price pressure points to a potential interest rate cut

Discover how recent trends in manufacturing price pressures could signal a shift in interest rates, with insights from leading economists on inflation forecasts and economic stability.

Business Economy
Nicola Mawson|Published

South Africa's manufacturing sector confidence takes a dip on geo-politics and load shedding

South Africa's manufacturing confidence has declined in Q1 2025, influenced by geopolitical tensions and local challenges.

Business Jobs
Jason Woosey|Published

Medicine shortages ease in KZN, but critical insulin crisis persists

KwaZulu-Natal Health Department reports significant stabilisation in medicine availability, while grappling with critical shortages of insulin pens and Magnesium Sulphate. Officials implement new distribution strategies amid ongoing supply challenges.

News South Africa Kwazulu Natal
Thobeka Ngema|Published

South Africa grapples with declining mining and manufacturing outputs as economic challenges intensify

South Africa's economic challenges deepen as both mining and manufacturing sectors record significant declines in January 2025, with mining production falling 2. 7% and manufacturing dropping 3. 3% year-on-year. Infrastructure constraints and global trade tensions continue to impact the country's productive sectors.

Business Report
Siphelele Dludla|Published

More mining smelters at risk of closure due to rising costs and falling ferrochrome prices

South Africa's ferrochrome industry faces severe challenges as Merafe Resources announces possible further smelter closures amid rising costs and falling prices, threatening jobs and the country's position in global production

Business Report
Tawanda Karombo|Published

Bidvest secures UK competition authotities approval to buy Citron

South African services giant Bidvest receives green light from UK competition authority for acquisition of Citron, marking significant expansion in global hygiene services secto

Business Report
Siphelele Dludla|Published

Italtile pays out a dividend in spite of slowing turnover growth during the past six months

Italtile's CEO Lance Foxcroft reveals a 1% increase in turnover and discusses the company's robust performance amidst a changing economic landscape

Business Report Companies
Edward West|Published

Manufacturing sector in SA continues decline amid power woes, global trade tensions

South Africa's manufacturing sector remained under pressure in February, with the Absa PMI falling to 44. 7 amid persistent load shedding, global trade tensions, and supply chain constraints. The fourth consecutive monthly decline signals ongoing challenges for the sector.

Business Report
Siphelele Dludla|Published