Archives for July 2019

Vehicle sales soar in January

Pretoria — New vehicle sales registered substantial gains in the first month of the year, growing by 14.1% compared to the 48 202 vehicles sold in January last year, said the National Association of Automobile Manufacturers of South Africa (NAAMSA). This followed on the positive sales performance seen throughout 2012. On Monday, Naamsa said that […]

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Building reliable, safe transport

Transport Minister Dipuo Peters has officially launched this year’s Transport Month, where she highlighted the on-going interventions to curb road carnage and the progress made by government on providing efficient and reliable public transport system. Under the theme “Celebrating 20 years of delivering efficient, reliable and safe transport services”, Peters on Tuesday announced that in […]

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Macro-economic stability since 1994

Midrand — South Africa has achieved over the past 19 years a level of macro-economic stability not seen before the dawn of democracy in 1994, says Transport Minister Dipuo Peters. Speaking at the New Age/SABC business briefing in Midrand on Monday, Peters said such advances have laid a foundation for sustained investment and improved growth. […]

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Stimulating investment in vehicle production

Trade and Industry Minister Dr Rob Davies has approved the new Medium and Heavy Commercial Vehicles-Automotive Investment Scheme (MHCV-AIS) guidelines to stimulate investment in the production of vehicles in the country. The MHCV-AIS is a sub-component of the Automotive Investment Scheme, an incentive designed to grow and develop the automotive sector in South Africa. “The […]

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Dti welcomes launch of Toyota plant

Department of Trade and Industry (dti) Minister Rob Davies has welcomed the launch of Toyota’s Quantum Ses’fikile Complete Knock Down (CKD) plant. “As government, we want to convey our support to the Toyota South Africa motor company on this R476 million project to migrate your production process to CKD. This is a step in the […]

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