R/€ = 13.29
R/$ = 11.70
Au 1207.85 $/oz
Pt 1174.50 $/oz
Aug 18, 2014
Component manufacturer Metair on Monday reported a 32% increase in revenue for the six months ended June 30, to R3.23-billion, compared with the same period last year. Operating profit was up 16%, to R319-million. These interim results included the first full-period...
Mar 17, 2014
The Department of Trade and Industry (DTI) has approved 181 projects to benefit from government’s automotive investment scheme (AIS), says DTI AIS director Anna Theron. The scheme forms part of the Automotive Production Development Programme (APDP), which replaced...
Jul 26, 2013
General Motors South Africa (GMSA), in partnership with component manufacturer Tenneco South Africa (SA), has clinched a R6-billion contract to export catalytic converters to North America. The catalytic converters, which will be manufactured at Tenneco SA’s clean...
Jun 27, 2013
General Motors South Africa (GMSA), in partnership with component manufacturer Tenneco South Africa (SA), on Thursday announced that it had been awarded a R6-billion contract to export catalytic converters to North America. The catalytic converters, which would be...
Mar 08, 2013
On February 22, the South African Revenue Service (Sars) informed of the amendment of Schedule No 5, Part 3, of the Customs and Excise Act by means of the insertion of refund item 536.00/00.00/03.00 as a consequence of the implementation of the Automotive Production...
Nov 23, 2012
The Coega Development Corporation attracted R4.1-billion in new investments to the IDZ during its the financial year to March 31, 2012.
Nov 21, 2012
The Coega Development Corporation (CDC) reported on Wednesday that it had attracted R4.1-billion in new investments to the Eastern Cape-situated Coega industrial development zone (IDZ) during its the financial year to March 31, 2012. It reported that the value of...
Jun 22, 2012
Component manufacturer Dycer Engineering is diversifying its capabilities by including the assembly of automotive components in its service offering, says MD John Gawler.