The Border Kei Chamber of Business said it would meet Transnet over the next few weeks to build a strong economic case to fund the expansion of the East London harbour. The engagement follows a CEOs Forum meeting last Tuesday, arranged by the chamber and attended by public enterprises minister Pravin Gordhan and Transnet CEO Portia Derby.
The Eastern Cape automotive manufacturers’ relentless appeals to training colleges to provide work-ready productive graduate students, with real-life manufacturing skills, has at last been heeded by the training industry.
Big shake-up looms in vehicle repair sector heraldlive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldlive.co.za Daily Mail and Mail on Sunday newspapers.
According to
bizcommunity.com, AIDCEC said rising input costs could stunt growth of volume and, particularly, exports, which in turn would make it difficult for the automotive sector to achieve targets for the country relating to inclusiveness, localisation and job creation.
AIDCEC CEO Thabo Shenxane said the tariff increase would also have a negative effect on the Eastern Cape economy which is driven by automotive manufacturing. As South Africa s leading producer of vehicles and its biggest exporter, accounting for around 49% of SA s vehicle exports, the Eastern Cape and by extension South Africa s supply chain will be under even greater pressure to produce at competitive prices, Shenxane told
New AIDC boss plans to get wheels rolling Shenxane hopes to help strengthen automotive industry’s contribution in Eastern Cape PREMIUM
Zipo-zenkosi Ncokazi Politics reporter 20 January 2021 New Automative Industry Development Centre (AIDC) Eastern Cape CEO Thabo Shenxane wants the industry to play a leading role by, among other things, advising the provincial government on automotive sector policy prioritisation. Shenxane said the automotive industry was the backbone of the Eastern Cape and he hoped to add his expertise to recognise its contribution and help strengthen it.
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