industry (Local) News
Dear arei Member
COVID-19 has brought the world to a standstill, well, almost. As we have adapted to all the changes, our priority has been to ensure that our health and wellbeing are preserved. Equally so, our businesses and jobs. Because of this, arei activities have also taken a back seat. Our annual breakfast, always a great success and opportunity to rub shoulders with colleagues and other members, could not take place this year.
Our annual financial report is usually finalized by end of August, and this is followed by our AGM which is held in September. Because of the current COVID-19 situation, the arei committee has agreed that we change the financial year end to December for this year. The Companies and Intellectual Property Commission (CIPC) has accepted our request for the change.
The committee also decided that we will hold our AGM in January 2021. Date still to be confirmed.
We want to thank you for your understanding and continued support. Please feel free to contact us, if you have any questions or comments.
Dear arei Member
Welcome to our quarterly arei newsletter. We do hope you’ll find it informative and of value so please do share it with your staff members and even your customers.
South Africa is recognised as one of the most advanced emerging markets in the world and a powerhouse in Africa. We should thus have a thriving economy as we are a country with huge potential and expertise. Our tertiary institutes produce world-class engineers and technicians who are leaders in engineering. We have the technical skills, the business skills, the manufacturing skills, but yet as an industry we seem to be falling short.
Why are we falling short?
We are not falling short because we lack technical expertise or ambition to succeed. We are not falling short because entrepreneurial spirit or creativity is lacking. We are not falling short because there are not markets for South African products. We are falling short because government places so many obstacles and barriers in our paths. Energy constraints, rampant corruption, inflexible labour laws, crime; the list goes on and on of the many problems impeding economic growth in South Africa.
While other African countries are rolling out the red carpet to foreign investors, South Africa is rolling out the red tape. We as the electronics industry see our manufacturing capacity declining despite government’s localisation programmes. The good news is that the DTI is beginning to realise the importance of the electro-technical sector, and we have been invited to give inputs into the electro-technical sector’s profile. Inputs from our members will thus be welcomed.
arei Focus for 2020: Engaging More Members and Getting More Done for the Industry
As we go forward into 2020, the new committee has set itself three key areas of focus:
- Engaging more of our membership
- Getting more done to benefit our industry
- Closer collaboration with other industry players
If we are focused on getting more done to benefit our industry, we need to start with getting to know our members better. We need to understand what you, our members, expect from the arei committee and how we can add value to the electronics industry.
Market statistics are one area we have already made much progress; however we want to get a higher level of confidence in these statistics, and the easiest way of achieving this is by having more members submit their figures. The data is submitted by you to an independent organisation, Data Dynamics (in the UK), so total confidentiality is guaranteed.
Training is another important focus area we have identified. If our industry is to keep growing it is important that we ensure school leavers choose a career in electronics. I do believe that our universities and other tertiary institutes are doing an excellent job in training engineers and technicians. We can play a role participating in their open days, possibly even doing short presentations so students are more aware of us as an industry representative.
What lies ahead in 2020? Yes, there will be new challenges and problems, but there will also be new opportunities. We look forward to working with you and ensuring that our industry’s voice is heard. On behalf of the arei committee, we want to express our appreciation for your support over the past year. We wish you all a peaceful and blessed festive season.