
Renault-loving sports fan wins a brand-new Kiger
Xolani Magukwe (39) is the winner and now the proud owner of a brand-new Renault Kiger 1.0 Energy Zen.
- Industry News
- 6 August 2025
Absa Vehicle and Asset Finance announced the winners in the 2019 Golden Partner Awards for commercial partnerships.
Absa Vehicle and Asset Finance (AVAF) this week announced the winners of its 2019 Golden Partner programme.
The announcement of the top partnerships in the Commercial category was made by Bongiwe Gangeni, Deputy CEO Absa Retail and Business Bank.
"As much as this is a challenging time, let's celebrate your achievement as it is important to believe that we will emerge stronger in the future," says Bongiwe.
A total of five winners were announced in the Commercial Partner category and three winners received a nod in the Commercial Alliance category.
Watch the announcement of all the winners below.
The Awards were introduced by Faisal Mkhize, Managing Executive of Absa Vehicle and Asset Finance.
Said Faisal: "If we reflect on the Awards that we are doing today, it's based on the 2019 financial year performance. As a business we have shown a very strong performance during that period and in fact we have outperformed the market."
Faisal thanked all the participating dealers for their hard work and tenacity and committed Absa Vehicle and Asset Finance to supporting all dealers in the year ahead as the industry emerges from the lockdown.
South Africa's premium automotive sector has experienced unprecedented consolidation over the last two years, with multiple luxury brands restructuring their dealership networks in response to declining sales, economic pressures, and shifting consumer preferences.
Almost every dealership has them – listings that sit quietly in the background, gathering cobwebs. Despite looking good on paper, some used vehicles attract minimal buyer attention and quietly chip away potential revenue. But what if those slow movers weren’t dead ends, but missed opportunities waiting for the right tweak?
A renewed focus on customer care and the well-being of the employees, is high on the agenda of Jaco du Preez, newly appointed General Manager at Waterberg Toyota in Limpopo.