EDITORIAL: Put foot, Mr Patel
The motor industry faces an existential crisis. Where is the minister?
03 March 2023 - 05:00
SA’s motor industry bosses have expressed frustration at the lack of any policy announcements in finance minister Enoch Godongwana’s budget speech. They have good reason.
In October, trade, industry & competition minister Ebrahim Patel said a future motor industry regulatory framework would be outlined by Godongwana. However, a vague sentence that R728.8m had been “allocated to support NEV [new energy vehicle] initiatives” does not a policy make, and the car companies are beginning to panic...
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