The motor industry’s R6bn empowerment fund could be used not just to develop black components suppliers, as originally envisaged, but companies throughout the automotive chain, says BMW SA CEO Tim Abbott.
PremiumA 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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NEWS ANALYSIS: Empowerment fund could boost many parts of the motor industryDealerships, panel beaters, vehicle transporters and even security companies could benefit, says BMW SA CEO Tim Abbott
Source: BDliveSA - 🏆 12. / 63 Read more »
SAA resumes international flights - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Airways resumed its international flights on Sunday. The company says Mango airlines as well as SA Express have increased capacity on domestic flights as part of the contingency plan to help SAA customers.
Source: SABC News Online - 🏆 32. / 51 Read more »
Numsa rejects Eskom GCEO appointment - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Numsa rejects Eskom GCEO appointment Numsa has rejected the appointment of Andre de Ruyter as new Eskom GCEO, saying it goes against the transformation programme.
Source: SABC News Online - 🏆 32. / 51 Read more »
SAA unions expected to brief the media on Sunday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The unions are expected to brief the media in Johannesburg at midday on whether they have made any progress in their negotiations with South African Airways at the CCMA.
Source: SABC News Online - 🏆 32. / 51 Read more »
Fears of bloodshed as Hong Kong university standoff enters third day - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Hong Kong's new police chief called for the support of all citizens to end social unrest that has disrupted the city for more than five months, while protesters remained trapped by his officers at a university for a third day on Tuesday.
Source: SABC News Online - 🏆 32. / 51 Read more »