automotive industry

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Business / Economics

South African government advances support for auto industry

Mercedes-Benz factory in East London, South Africa (Photo: agoa.info/data) South Africa's Trade, Industry and Competition Minister Parks Tau says the government is advancing measures to support the automotive industry as it faces potential headwinds from US tariff policies. Speaking at the National Association of Automotive Component and Allied Manufacturers Show in Gqeberha, Eastern Cape, Tau confirmed that amendments to the Automotive Production Development Programme Phase 2 (APDP2) for electric vehicles […]

today14 August, 2025

Africa

SACU revenue at risk as South Africa scrambles to renegotiate with U.S.

Namibia is likely to feel the economic aftershocks of the 30% tariff imposed by the United States on South African goods, according to economist Dr. Omu Matundu, who says the move could contract South Africa’s export market and dent Namibia’s revenue from the regional customs pool. South Africa, Namibia’s largest trading partner and the continent’s most industrialised economy, has seen key sectors such as automotive and agriculture directly targeted by […]

today1 August, 2025