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SA forecast to manufacture EVs locally by 2026

The first iteration of locally-manufactured electric vehicles is expected as early as 2026, driven by emerging opportunities.

United statesSouth africaSouth africanCyril ramaphosaAutomotive production development programmeEnergy vehicles white paperAutomotive business councilEnergy transition investment planElectric vehicle market intelligence reportAutomotive production developmentNation addressNew energy vehicles white paperElectric vehicle white paperElectric vehicles regulations frameworkNorth american charging standardElectric vehicles

Budget gets mixed reaction from business industry

Budget gets mixed reaction from business industry
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South africaMark laceyMikel mabasaGreg dartEnoch godongwanaForeign exchange contingency reserve accountAutomotive business council naamsaAutomotive production development programmeFinance minister enoch godongwanaGlobal minimum tax billHigh street auctionsElectric vehicles white paperAutomotive production developmentAutomotive business council

#BudgetSpeech2024: Govt raises $3 3bn to support climate change initiatives

Government has raised $3.3bn so far from multilateral development banks and international finance institutions to support climate change, energy, and just transition objectives.

Western capeSouth africaCape townEastern capeEnoch godongwanaClimate change response fundAutomotive production development programmeNational budget speechNational treasuryNational treasury budgetBudget speechFinance minister enoch godongwanaTreasury budget reviewAutomotive production developmentElectric vehicles white paper

In full: Finance Minister Enoch Godongwana s budget speech

Read the full budget speech delivered by South Africa's Minister of Finance Enoch Godongwana on the 21st of February 2024.

South africaUnited statesKwazulu natalSouth africanSouth africansKamogelo moganeNelson mandelaDani rodrikAlberto alesinaEnoch godongwanaDavid masondoDuncan pieterseNational expenditureDivision of revenueForeign exchange contingency reserve account adjustmentDepartment of justice

Government raises US$3 3 billion to support climate change initiatives

Government has raised US$3.3 billion so far from Multilateral Development Banks

Western capeSouth africaEastern capeCape townEnoch godongwanaNational treasuryNational treasury budgetNational budget speechClimate change response fundAutomotive production development programmeMultilateral development banksInternational finance institutionsBudget speechFinance minister enoch godongwanaTreasury budget reviewAutomotive production development

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