BMW South Africa’s CEO says the motoring industry wants targeted policy tweaks, not steep import duty hikes.
Author: Nqobile Dludla
BAIC will start assembling its newly launched B30 off-road SUV at its factory in the Eastern Cape as early as January.
Optasia, a fintech company partly owned by Ethos Capital, plans to list on the JSE and raise up to R6.3-billion.
South Africa and Europe could create an alternative value chain for EV batteries, BMW CEO Peter van Binsbergen said.
Ford’s new Ranger plugin hybrid is not selling as well as expected, while tax changes in the UK have impacted exports.
Ford’s South African unit plans to lay off more than 470 employees, the Solidarity trade union said on Thursday.
Dutch technology investor Prosus plans to raise $2-billion through asset sales in the near term, its CEO said.
News that MTN Group is facing an investigation by a US grand jury sent its shares tumbling 9% on Monday.
MTN Group has swung to a half-year profit as economic conditions and forex rates showed improved stability.
Toyota plans to introduce three fully electric models in South Africa in 2026, a senior executive has revealed.