Former Transnet CEO and public enterprises director-general Portia Derby has teamed up with former minister of trade & public enterprises Alec Erwin to spearhead a ground-breaking initiative that will cause township mechanics to get a slice of the $10.6bn (R187bn) vehicle aftermarket value chain.

The partnership has been long in the making with Erwin and Derby vowing when they left their government posts in the late 2000s to start an enterprise together, resulting in the formation of the strategic advisory, project origination, development and investment firm Ubu Investment...

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