Featured

Speaking at the recent launch of the new Polo by Volkswagen South Africa, Deputy Minister of Trade and Industry Bulelani Magwanishe says the South African government is committed to supporting the local production of vehicles in order boost exports, job creation and economic growth. “As the government, our commitment to local vehicle production is marked in our Industrial Policy Action Plan (IPAP), with a prime focus towards adding value in the manufacturing and industrial sector. Export promotion, job creation and inclusive growth remain as the fundamentals to this policy,” he said.

The automotive industry is the largest manufacturing sector in South Africa’s economy, according to Magwanishe. The industry currently employs about 300 000 people, 31 000 in vehicle assembly, 82 000 in component manufacturing and the rest in retail.

Government committed to local vehicle productionMagwanishe said that the Department of Trade and Industry’s (dti) Automotive Production and Development Programme was successfully providing much-needed support to the automotive sector. “Under this programme, we have the Automotive Investment Scheme (AIS), which has disbursed R8 billion from its inception in 2009 to 2017. The government’s total commitment to the scheme is R13.5 billion. Moreover, this programme has supported a total of R48.3 billion in investments during this period. The country’s new Automotive Master Plan and associated support programmes will be announced in the near future following Cabinet endorsement.”

Government has also partnered with the automotive industry in creating the Automotive Supply Chain Competitiveness Initiative (ASCCI). To date, support has been facilitated to more than 23 firms through this initiative. 30 more companies are currently being taken through various interventions, Magwanishe said.

“Through these interactions, we believe as a department that it is not about the role that we play but mainly about the goals that we aim to achieve. The dti will persist in pursuing efforts intended to increase local content in vehicle production, attract component manufacturers, provide investment assistance for expansion as well as advance competitiveness improvement programme.”

Image credit: https://www.thedti.gov.za/about_dti/dep_minister.jsp

Magazines

African Fusion

AfricanFusionAfrican Fusion, the official publication of the Southern African Institute of Welding (SAIW), aims to provide up-to-date insight into welding technology and the welding industry.

Capital Equipment News

Capital Equipment News is dedicated to the application of equipment and modes of transport that are used in the mining, construction, quarrying, and transport industries.

Construction World

ConstructionWorldConstruction World was first published in 1982 and has grown to become a leader in its field, offering a unique mix of editorial coverage to satisfy the diverse needs of its readers.

Electricity + Control

ElectricityandControlE + C publishes innovative, technical articles that provide solutions to engineering challenges in measurement, automation, control, and energy management.

Lighting in Design

LightingandDesignLighting in Design is a glossy, upmarket publication aimed at lighting professionals. It is the only B2B magazine in SA that is dedicated solely to the subject of lighting.

MechChem Africa

MechChemJanuary2017cover MechChem Africa supports African engineering and technical managers across the full spectrum of chemical and mechanical disciplines.

Modern Mining

ModernMiningEstablished in 2005, Modern Mining is one of SA's leading monthly mining magazines, noted for the quality and accuracy of its writing and the breadth of its coverage.

Modern Quarrying

ModernQuarryingModern Quarrying is firmly entrenched as a leading industry-specific magazine. It focuses on promoting the science and practice of quarrying and processing in southern Africa.

Sparks Electrical News

SparksElectricalNewsReadable and informative, Sparks Electrical News is the newspaper for those involved in installing and maintaining electrical supplies and equipment.

 
Full Name*
Invalid Input

Company Name*
Invalid Input

Your Email*
Invalid Input

Phone*
Invalid Input

Postal Address 1*
Invalid Input

Postal Address 2*
Invalid Input

Postal Code*
Invalid Input

Street Address 1
Invalid Input

Street Address 2
Invalid Input

Postal Code
Invalid Input

Town / City*
Invalid Input

Country*
Invalid Input

Magazine

Invalid Input

Invalid Input