Scrapping of VAT increase, widely welcomed
The National Treasury’s announcement on the scrapping of the proposed increase in Value-Added Tax (VAT) has been widely welcomed.
- Industry News
- 24 April 2025
Absa Insurance was recognised for outstanding success at the prestigious 2023 SAMBRA Awards in three significant categories: Best Insurer, Winner in the Service Excellence Category and Best Insurance Payer.
The SAMBRA Awards, organised jointly by the South African Motor Body Repairers’ Association (SAMBRA) and Lightstone Group, celebrate the highest standards of quality and service in the motor body repair sector.
The winners were chosen through voting by over 650 SAMBRA members, followed by independent collation and auditing by Lightstone Group. An awards ceremony was held in Johannesburg recently.
Being recognised at these awards highlights Absa’s commitment to maintaining robust industry standards and excelling in areas crucial to both repairers and customers such as fair business practices, prompt payment and customer service. These accolades demonstrate Absa’s dedication to excellence and leadership in the insurance sector.
"Winning these awards in such important categories is a testament to the hard work and dedication of our team," said Collin Molepe (photo), Managing Executive: Absa Insurance Company. "At Absa, we are committed to delivering exceptional service and support to the automotive repair industry and our customers. These awards acknowledge our continuous efforts in delivering superior customer experiences and maintaining fruitful relationships with motor body repairers across South Africa."
Absa Insurance Company is the bank’s short-term insurance arm and is one of South Africa’s leading providers of comprehensive car and home insurance solutions, which are suited to customer needs.
Absa extends its gratitude to SAMBRA and Lightstone for the acknowledgment and remains dedicated to advancing industry standards and delivering unparalleled service to its partners and clients.
The National Treasury’s announcement on the scrapping of the proposed increase in Value-Added Tax (VAT) has been widely welcomed.
A Cape Town vehicle repairer, who has had a consumer’s vehicle for almost two years and failed to complete repairs to the vehicle by an agreed date, has been fined R100 000 by the National Consumer Tribunal and ordered to refund the vehicle’s owner the R77 000 he paid for the repairs.
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The National Treasury’s announcement on the scrapping of the proposed increase in Value-Added Tax (VAT) has been widely welcomed.
A Cape Town vehicle repairer, who has had a consumer’s vehicle for almost two years and failed to complete repairs to the vehicle by an agreed date, has been fined R100 000 by the National Consumer Tribunal and ordered to refund the vehicle’s owner the R77 000 he paid for the repairs.
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