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01 September 2010The August 2010 Kagiso PMI moves back into expansive territory

The seasonally adjusted Kagiso PMI moved back into expansionary territory during August to reach 50.3 index points. The rise above the critical 50 mark followed two consecutive months where the PMI suggested that the manufacturing sector was contracting.

The new sales orders index increased by 3.5 points to move back above the k...

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02 August 2010The July 2010 Kagiso PMI experiences a modest improvement

The seasonally adjusted Kagiso PMI experienced a modest improvement in July, gaining 1.1 index points to 49.5. While the level of the index indicates that the manufacturing sector remains under pressure, a less pessimistic way of looking at the numbers is that it is the first time in five months that the PMI did not decline further.

The most gra...

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28 July 2010Farewell speech for JJ Njeke delivered by Afzal Patel - Executive Director

I have been given the difficult task of bidding farewell, on behalf of the Kagiso family, to my dear friend, mentor, role-model and esteemed elder, JJ Njeke.

Eulogy

Someone once said that delivering a farewell address is very much like delivering a eulogy; the only difference is that for a farewell, the subject has...

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01 July 2010The seasonally adjusted Kagiso PMI for June 2010 declined below the all-important 50 index point mark

The seasonally adjusted Kagiso PMI declined below the all-important 50 index point mark in June to reach 48.4, the first reading of less than 50 since October 2009. After reaching a peak of 60.4 in February 2010, the PMI has now declined for four months in a row. The recent trend for the SA PMI is quite different from international developments – the g...

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04 June 2010Speech prepared for the BMF corporate dinner - 4 June 2010 - Murphy Morobe CEO of Kagiso Media

Master of Ceremonies, ladies and gentlemen,

On behalf of Kagiso Media and the Kagiso Group family, it is indeed an honour for me to stand before you to declare my/our acceptance of the award bestowed upon us in recognition of our continued efforts giving our best time, energy and commitment to the progressive agenda of transformation for which o...

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