South Africa’s trade and industry minister will meet car makers to discuss a rescue package to help limit job losses, a spokesperson said on Tuesday.
Auto manufacturers in South Africa are expected to double vehicle production by 2020 in response to revised government incentives, say experts.
The National Empowerment Fund (NEF) has approved expansion capital funding of R7,2-million to Iglhaut-Allrad SA, a black economic empowerment (BEE) company in the automotive…