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Naacam News
Naacam supports trade and investment initiative with Nigeria
The National Association of Automotive Component and Allied Manufacturers (NAACAM) says it supports the recent trade and investment initiatives discussed between South Africa and Nigeria as part of...
Motor retail, components sector wage negotiations still deadlocked
The National Union of Metalworkers of South Africa (Numsa) on Tuesday voiced its “disappointment” after a meeting with employers in the motor retail and components sector failed to break a deadlock...
Local manufacturing opportunities lie in deeper localisation – Naacam
National Association of Automotive Component and Allied Manufacturers commercial director Shivani Singh believes South Africa’s automotive manufacturing growth opportunities lie in deeper...
A little less conversation, more action please!
In his State of the Nation Address last week, President Cyril Ramaphosa highlighted the importance of focusing on the National Development Plan, and taking ACTION to ensure its success as a...
Strike effect to be felt ‘two, three years’ from now – Naacam
The effects of the seven-week strike in the automotive industry – first at assembly plants and then at component makers – would only be felt “two, three years from now”, when South African...
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Employment environment bleak, but there are opportunities for improvement
The 2024 ‘UASA South African Employment Report’ and second UASA/Bureau of Market Research (BMR) Employment Index paints a bleak picture of the country’s employment situation; however, there are...
Altron posts strong continuing operations growth
JSE-listed Altron on Monday reported strong results across its continuing operations; however, noncash adjustments in its discontinued operations weighed on the company’s overall results for the...
Energy trader reports strong market demand for green electricity from 210 MW Hendrina Wind Farm
Newly formed electricity trader Apollo Africa reports that it is experiencing strong demand from potential customers for the renewable electricity that will be produced from the grid-ready 210 MW...