SA mulls expanded incentives to shield vehicle industry from huge tariffs
The APDP offers manufacturers incentives to support production and localisation
09 April 2025 - 13:28
UPDATED 09 April 2025 - 23:06
SA is considering expanding its flagship vehicle industry incentive scheme to shield the nearly R500bn backbone of the nation’s manufacturing sector from the fallout of US tariffs.
“What we’re currently considering is the possibility of expanding the automotive production programme to mitigate impact on the industry. Of course, we have to be cognisant of the impact on our fiscus,” trade, industry & competition minister Parks Tau said on radio station Power 98.7...
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