From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley:
Gauteng Premier Panyaza Lesufi and Economic Development MEC Tasneem Motara in May officially opened the Batyi Automotive Component Supply (BACS) facility in Pretoria North. Tasneem Bulbulia explains.
Tasneem Bulbulia:
The BACS facility is indicated to be one of the successes of the Automotive Industry Development Centre’s (AIDC’s) incubation programme, which has been developed in collaboration with Ford Motor Company and its tier-one suppliers, with the aim of transforming and opening up the automotive industry.
BACS, which is involved in the assembly and manufacturing of car components, was founded by Lindisipho Batyi, who graduated from the incubation programme.
AIDC CEO Andile Africa expands on the AIDC’s incubation programme, and the BACS’s facility launch.
AIDC CEO Andile Africa
Tasneem Bulbulia:
Gauteng Economic Development MEC Tasneem Motara outlines government’s role.
Gauteng Economic Development MEC Tasneem Motara:
Tasneem Bulbulia:
She also touches on some of the benefits this facility and programme would provide, and how it would engender transformation in the sector.
Gauteng Economic Development MEC Tasneem Motara:
Tasneem Bulbulia:
Gauteng Premier Panyaza Lesufi highlights the significance of the launch.
Gauteng Premier Panyaza Lesufi:
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy. Don’t forget to listen to the audio version of our Engineering News daily email newsletter.