It has taken Nissan SA seven years to put its money where its mouth is but it has finally committed its immediate future to SA. Now it, like SA’s other motor companies, must decide which of the targets, set by the government for the industry, it should prioritise. Is it double employment at vehicle and components manufacturers from 120,000 to 240,000? Or double annual vehicle production from 600,000 to 1.2-million? Or increase the level of local content in SA-made vehicles from below 40% to at least 60%? Or foster the participation of hundreds of black-owned companies? How about doing them all, at the same time? Blindfolded. With one hand tied behind your back. While standing on your head. Evidently, balancing all government’s "priorities" left some vehicle manufacturers unsure whether to double down on SA, or quit entirely (like General Motors did, as part of a global market withdrawal). After all, Nissan’s recent announcement that it will spend R3bn to build the Navara bakkie at i...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.