White insurance firms said to be biased against black car repair businesses
White-owned insurance companies were accused of discriminating against black-owned towing and vehicle repair enterprises, on Wednesday. The allegation was made in a submission by five industry associations, during public hearings in Parliament on transformation of the financial services sector. The associations were the South African Towing Board, the South African Auto Repairer and Salvage Association, the Western Cape Towing Association, the South African Building Contractors and Civils Association (SABCCA) and the Retail Automotive Aftermarket Federation. The hearings were jointly held by the finance committee, and the trade and industry committee. Speaking on behalf of the associations, SABCCA representative Wesley Douglas said they objected to the South African Insurance Association presenting itself as an agent of change and transformation when it was only concerned about the interests of its members, who discriminated against black towers and panel beaters and construction an...
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