UNDER U.S. TARIFF PRESSURE, SOUTH AFRICA’S AUTO INDUSTRY SEEKS NEW PATHWAYS
South Africa’s automotive industry is facing one of its toughest external challenges in years, as the United States imposed a 30% tariff on its automobile products starting in August. The move has squeezed profit margins, reduced orders, and created uncertainty for the country’s key export sector. The U.S. has long been a major destination for […]
ADDRESS BY PRESIDENT RAMAPHOSA AT SOUTH AFRICAN AUTO WEEK 2024
“Distinguished Guests, Ladies and Gentlemen, Thank you for the opportunity to give this keynote address. This SA Auto Week is taking place at a time when business confidence is on the rise. There has been a marked improvement in investment sentiment in recent months. This is apparent among both local and international investors. Over the […]