SA’s automotive prospects clouded by high taxes and exports risks

The importance of export growth as an automotive industry strategy is crucial to mitigate the numerous risks associated with South Africa's low growth environment. "We see export growth as a really key strategy to somewhat derisk the South African industry from a low growth environment . . . and really capitalise on opportunities," National Association of Automotive Component Allied Manufacturers policy and regulatory affairs head Beth Dealtry said during a recent expert webinar panel hosted by Creamer Media.