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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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EOH appoints new interim CEO, non-executive directors after resignations
JSE-listed information technology services company EOH has appointed Marius de la Rey as interim CEO, Veronica Motloutsi as an independent nonexecutive director, and Dennis Venter and Rhys...
Emira reports strong full-year operational results
Despite high interest rates and difficult operating conditions, JSE-listed Emira Property Fund reported strong operational results, strategic delivery and capacity-enhancing active capital...
South Africa achieves trade balance surplus of R10.5bn in April
South Africa recorded a preliminary trade balance surplus of R10.5-billion in April, the South African Revenue Services (Sars) reports. This surplus is attributed to exports of R169.5-billion and...