Distribution and logistics are among the sectors of the economy that employed more people during the last quarter of 2011 compared with Q3. Loan Sharp, Adcorp labour analyst, reported earlier this week that the economy’s Q4 employment growth – 180 000 jobs created in the formal sector as of figures released yesterday – was supported […]
Distribution and logistics’ Q4 employment up Read More »
The Kagiso PMI picked up some momentum in November, rising by 1.1 index points to 51.6. November was the fourth consecutive month of gains for the PMI, but the index remains below the level of 54.2 reached before the widespread factory sector strikes in July. However, the increases of recent months mean that after averaging
PMI continues recovery – manufacturing likely to add to Q4 GDP growth Read More »
The State-Owned Enterprise Procurement Forum (SOEPF) and the Chartered Institute or Purchasing and Supply Southern Africa (CIPS SA) have signed a Memorandum of Understanding (MoU) to further professionalise the Procurement and Supply Chain profession, and uphold a policy of ethics with honesty and integrity. “In signing the MoU, CIPS is holding itself accountable to the
Developing ethics and integrity in procurement Read More »
The realisation by two Supply Chain and Operations Management organisations that the challenges they face in their profession are not all that different from those faced by South Africa’s disadvantaged on a daily basis inspired them to build 34 houses in a township community. Volition Consulting Services, a member of the IMPERIAL Logistics Group, and
Community projects – the logistics of growing the future today Read More »
The seasonally adjusted Kagiso purchasing managers index (PMI) recorded a second consecutive monthly increase during September, gaining four points to move back above the key 50-index point mark to 50.7, the Kagiso website reports. The PMI recovery in September was against the global trend with initial indications that the eurozone PMI declined further below 50
September PMI climbs above 50-index points Read More »
Business Day reports that strike-related insurance claims worth more than R100-million were lodged with the state-owned special risks insurance company Sasria in 2010. Sasria is South Africa’s only insurer for special risks such as riots, strikes, political and public unrest, civil commotion and labour disturbances. “SA has experienced escalating protests and protracted wage negotiations which
2010 strike action costs insurer more than R100m Read More »
Standard Bank was awarded the ‘Best People Development Initiative’ at the CIPS Pan African Procurement Awards last week at Emperor’s Palace in Johannesburg. The financial services provider’s human capital development programme was put above the rest by its peers in the Procurement fraternity at a glitzy dinner on the first evening of the Chartered Institute
Competence development reigns supreme at procurement awards Read More »
SmartProcurement’s parent company Commerce Edge, a leading procurement training company, has sold a majority share to Supply chain specialist and member company of IMPERIAL Logistics, Volition. The deal enables further international expansion for Commerce Edge while strengthening IMPERIAL Logistics’ procurement intellectual capital and capacity, as well as training assets. “This relationship allows us to offer a
IMPERIAL Logistics acquires Commerce Edge – bolsters procurement training capabilities Read More »
State-owned Broadband Infraco has appointed an interim Chief Procurement Officer (CPO) while the network infrastructure organisation realigns itself after an internal audit revealed serious flaws in its business practices, CEO Dr. Andrew Shaw told SmartProcurement. Ashney Chetty has been acting as CPO since April 18 and will overhaul the SOE’s procurement practices, among which is
Interim Chief Procurement Officer appointed at troubled State Owned Enterprise Read More »
May 1, 2011 saw the implementation of the new Companies Act of 2008. The promulgation of this Act brings about several fundamental and important changes to South Africa’s laws regarding legal entities. This article is not a legal opinion and you are advised to consult lawyers or auditors should you need more detailed information. •
New companies act – changes to business environment Read More »
