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Despite uncertainty Toyota SA to resume production at its Durban plant


MONEYWEB
LIVESTREAM
After an eight-day halt because of the unrest in KZN.
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An aerial view of Toyota s expansive Prospecton plant in the Durban south industrial basin. Image: Supplied
Vehicle manufacturer Toyota South Africa Motors (TSAM) will resume normal production at its plant in Prospecton in Durban on Tuesday (July 20) following an eight-day disruption to its operations caused by the unrest and looting in KwaZulu-Natal and Gauteng.
TSAM senior manager for corporate communications Clynton Yon confirmed this on Monday, and said no damage was caused to TSAM’s plant or equipment during the unrest nor was there any damage to the new cars at its vehicle distribution centre in Durban. ....

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Government takes first step toward mapping out electric vehicle strategy for SA


MONEYWEB
LIVESTREAM
Accepts that global technological shifts could leave SA with stranded vehicle assembly assets.
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The country needs to maintain its capacity to export to key markets such as the EU and UK, says Ebrahim Patel. Image: Waldo Swiegers, Bloomberg
The government has taken the first step towards mapping out a roadmap for the production of full electric vehicles (EVs) in the country with the publication of an Auto Green Paper on the advancement of new energy vehicles in South Africa.
The release of the green paper coincided with a budget vote speech on Tuesday (May 18) by Minister of Trade, Industry and Competition Ebrahim Patel, who stressed that the green paper is not official government policy. ....

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Logistics, supply chains sectors could play crucial role in rebuilding SA economy


Cape Business News
May 4, 2021
Logistics, supply chains sectors could play crucial role in rebuilding SA economy. Source: Bizz Community
The automotive sector, mining and agriculture have taken a huge knock in the past year, but remain South Africa’s best chance for a change in fortunes given their track record and faith placed in them by international markets.
Benefactor industries like logistics and supply chains could help with rebuilding the domestic economy in the aftermath of Covid-19’s lockdown impact. Stats SA, for example, reports that in the three months ended February 2021, seasonally adjusted motor trade sales increased by 0,5% compared with the previous three months. ....

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