Manufacturing Fund

The South African textile and clothing industry – an overview

The main aim of the South African textile and clothing industry is to use all the natural, human and technological resources at its disposal to make it the preferred international supplier of textiles and apparel. Although the industry is small, it is well placed to make this vision a reality. In 2013, the Clothing, Textiles, Footwear and Leather (CTFL) industry accounted for about 14% of manufacturing employment and represented South Afri...
More

South Africa’s automotive industry at a glance

The automotive industry can be described as one of the most global of all industries, with its products spread world-wide. It is one of South Africa's most important sectors, with many of the major multinationals using South Africa to source components and assemble vehicles for both the local and international markets. The industry is mainly located in the Eastern Cape and Gauteng, with vehicle manufacturers such as BMW, Ford, Volkswagen, ...
More

Health and safety in the food and beverage industry

The Occupational Health and Safety Act aims to provide for the health and safety of persons at work or in connection with the activities of persons at work. The legislation applies to all industries, but compliance is absolutely crucial in the food processing industry, where workers are exposed to any number of health hazards. The food and drink manufacturing industry is broken down into a number of small sectors, ranging from slaughterho...
More

How much profit did you make?

No clue, thank you very much! Often many small, and even medium sized businesses are run by people who come from a technical background. They have what we call “technical know- how”, but they may not necessarily have the knowledge or the dedicated time to manage some other disciplines, such as human resources, marketing or financial management. How many small businesses prepare financial statements on a monthly basis? The argument i...
More

South Africa’s manufacturing industry

The South African manufacturing sector contributed 15.2% to South Africa's GDP in 2013, making it the third-largest contributor to the nation's economy. Manufacturing is dominated by industries such as agro-processing, automotive, chemicals, information and communication technology, electronics, metals, textiles, clothing and footwear. Below is a very brief snapshot of these industries. Agro-processing This industry spans the processing ...
More

Wide-ranging skills aid survival in the building business

La Fleur's wide-ranging skills built up throughout his career has enabled him to survive the ups and downs of the construction industry. Leon La Fleur When you start wielding a welding rod at the age of nine, you are pretty much destined for a career of building things, as the life of Leon La Fleur attests. The reason he remembers how young he was when he started welding, says La Fleur, was that he got arc eyes, a painful condition caused by...
More

Ten financial management tips for tough times

Business Partners Limited data gathered over years of working with South Africa’s business owners tell a fascinating story about business survival. Figures compiled by Business Partners Limited regional general manager Anton Roelofse show that 34% of businesses failures are caused by poor financial management. Add to that the 12% that fail because of poor record keeping, and it becomes clear that almost half of all business failures could have...
More