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New Era Newspaper Thursday April 5, 2018

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12 Inside BUSINESS

12 Inside BUSINESS Thursday, April 5 2018 | NEW ERA US private sector adds 241,000 jobs in March WaShiNGtoN U r o s e f a s t e r t h a n expected in March, as manufacturing posted its biggest the gain came as strong consecutive months with jobs aDP estimated private sector for hints of what is to come in the aDP said the goodsproducing sector registered its gain in the dominant services the manufacturing sector saw and the largest since october “the job market is rip- said in a statement. pace of labor force growth. the tight labor market continues to ahu Yildirmaz, vice president and co-head of the aDP Research institute, noted that average and mid-sized companies month, the best growth this segment has seen since the fall - Nampa / Afp Larry Kudlow, the US Director of the National Economic Council, speaks to reporters at the White House in Washington, DC, on April 4, 2018. Photo: Nampa / aFP SA and Mozambique on the cusp of an oil and gas boom Nicci Botha Both South africa and Mozambique show promise in the oil and gas sector, and collaboration between the two countries to create a jobs and boost other sectors such as logistics and tourism. Niall Kramer, cEo of the South african oil and Gas alliance (Saoga) told delegates at the inaugural conference he would be keen to seen development akin to the oil and gas operations in the North Sea, calling oil and gas “South africa’s silver bullet for economic however, he cautioned that that showed potential for oil and gas develeopment, nothing much Petroleum Resources Development act. “None of the a-list companies he believes that South africa should transform into a gas-driven Mozambique and Sa to collaborate and evolve into a vital global gas and services hub. “it feels to me we’re moving to gas. Renewables and if South africa and Mozambique partnered, the alliance could create millions of direct and indirect jobs for both countries. crossborder collaboration is one of the best means of invigorating industrialisation to fuel job creation on LNG imports, whilst exploring its drilling possibilities in parallel. in not doing so, we’re missing out on ENi in Mozambique has reached tment decision for bn on coral FLNG. that’s the kind of making the move to gas is the potential for job creation. according direct jobs compared to coal’s 154, the move to gas could mean skills infrastructure opportunities, more connections to power, local supplier development fuelling SME growth, a workforce upskilled for the ‘jobs of tomorrow’ with more artisans and technicians and a pivot from mining skills to oil and gas capabilities. economic upswing. Mozambique’s full-value chain across multiple sectors including tourism, mining tax and investment incentives attracting the FDi required to kickstart industrialisation. Lourenço Sambo, director general of aPiEX Mozambique attractive to investors. “Mozambique’s development corridors aim to connect areas of further partnership opportunities taken into account. the success growth of another. Mega-projects which should create vital job openings for South africans and With this comes a renewed focus and commitment from countries to upskill the existing workforce. this is critical at a time when closer to threatening livelihoods, perpetuating an ongoing need skill-sets that keep up with current demand. increase, SaDc to strengthen, african businesses to grow, and economies to prosper, cross-border investments and partnerships between countries like Mozambique - Bizcommunity Expect more.

Thursday, April 5 2018 | NEW ERA 13 The new and muscular model of the Mitsubishi Triton, called the Athlete. MITSUBISHI TRITON GETS ATHLETIC Triton Athlete interior Staff Reporter The striking new Triton Athlete Special Edition is based on Mitsubishi’s award-winning Triton double-cab 4x4 automatic derivative and is assembled in Mitsubishi’s Thailand factory. Fully imported into the Southern African market, the Athlete boasts anchors and a 3.1 ton towing capacity to tow any lifestyle equipment. Highlights of the Triton Athlete 2.4-litre MIVEC VGT turbo-diesel engine producing 133 kW at 3 500 r/min and a massive peak torque of 430 Nm at 2 500 r/min, which together with the transmission provides an impressive powertrain for highway driving, off-road adventure, urban agility and towing. The Triton Athlete is not only quick out of the starting blocks – it boasts the quickest acceleration in a towing test by international CAR magazine. The new vehicle also boasts a towing capacity of up to 3.1 tons which allows for towing extreme lifestyle equipment such as motorbikes, watercraft and micro-lights or paragliding gear. Although luxury, comfort, appearance, performance and a host of other features all work together to make the new Triton Athlete ideal for long distance trips, occupant safety is like the last 100 metres in a relay or obstacle race - the most important consideration. Boasting passenger car luxury and comfort, no less than seven airbags (Dual Front Airbags, Side Airbags, Driver’s Knee Airbag and Curtain Airbag) as impact protection bars and a high tensile steel body structure for more effective reinforcement, the Triton Athlete proudly “Mitsubishi’s new Triton Athlete caters for the needs of the ‘trendy’ lifestyle segment of the luxury doublecab market,” says Nic Campbell, General Manager of Mitsubishi Motors South Africa (MMSA). “The recently-launched Pajero Sport, together with the new Triton Athlete, will lead the charge of the Mitsubishi brand into the future, soon to be followed by the launch of another exhilarating new model to the Mitsubishi range, the Eclipse Cross.” Unique to the Athlete model are its bold and eye-catching orange highlights and black mouldings which include a new front bumper garnish, new black grille with honeycomb mesh and new front and rear black bumpers and wheel arches. New black powder-coated diamondcut 17” alloy wheels, a stylish sports bar and an integrated tailgate spoiler, dark-grey and orange decals with black highlights found on the side steps, door mirrors, door handles, rear bumper and new tailgate complete the stylish exterior design that gives this vehicle an even more athletic appearance than its siblings. The exceptionally quiet, insulated cabin boasts two-tone black leather seats with orange inserts. The orange theme is continued with “Athlete” embroidery matching the orange stitching found on the black leather seats, steering wheel, gear lever, door panels and the centre console. The Triton Athlete is based on the international Triton Adventure X-development, which includes Bi-xenon HID headlamps, daytime running lights (DRLs), multifunction steering wheel, shift paddles for the 5-speed automatic transmission, an upgraded instrument display, a smart-key system with engine starter button and automatic dual-zone air-conditioning. Excellent axle reticulation, renowned Super-Select II four-wheel drive system and class-leading approach angle of 28°, departure angle of 22° and break-over angle of 25° make the Triton Athlete a mean off-road competitor as well, should you take part in extreme adventure activities. The safety complement of the Triton Athlete includes a host of active and passive safety features and systems like multiple airbags and electronic driver aids. Over-and-above the standard features found on the standard Triton 4x4 such as ABS with EBD, Brake Assist (BA), Active Stability and Traction Control (ASTC), Hill-start Assist (HSA) and Super Select 4WD-II 4WD system, the Athlete also boasts new additional The Triton Athlete is launched at just north of N9 995, a special launch price which is the same as the listed retail price of the standard Triton 4x4 Double- Cab A/T. The Triton Athlete is immediately available from all Mitsubishi dealers in Southern Africa. The new Triton Athlete comes standard with a 3-year / 100 000 km manufacturer’s warranty and a 5-year / 90 000 km service plan. Service intervals are every 10 000km.

New Era

New Era Newspaper Vol 22 No 167