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
BAIC South Africa has won the prestigious Excellent Retail Award at the Chinese manufacturer’s 2024 BAIC global distributor business event.
This event coincides with the Beijing International Motor show, which was recently held in China.
At the invitation and organisation of BAIC South Africa, representatives of BAIC South Africa dealer network partners ventured to Beijing. They visited the headquarters of BAIC Group along with the BAIC Off-Road Vehicle Company as well as the BAIC New Energy Company.
They also partook in the 2024 BAIC global distributor business event where the award was presented to BAIC South Africa.
The 2024 BAIC lobal distributor business event showcases the achievements of BAIC's international business. Nearly 300 dealers and partners from more than 50 countries gathered to witness the future of BAIC’s development.
At the headquarters of the BAIC Group, the BAIC Off-Road Vehicle Company and the BAIC New Energy Company, dealer representatives listened to the introduction of BAIC Group's development history to better understand the product spectrum.
They also had the opportunity to experience the latest generation of BAIC products and technology and gained a deeper understanding of BAIC's development achievements and future plans. The commitment was also made to intensify their cooperation with BAIC South Africa.
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.
Widespread rains over large parts of South Africa recently led to rivers breaking their banks and, in some cases, flooding streets and homes. The volume of water has raised concerns among agricultural economists over possible damage to crops.
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A light on my car’s dashboard came on, and instead of fixing the problem, I waited for the bulb to burn out. Crisis solved.
Jarod Kintz
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.
The 2025 Best By Awards, announced by Kelley Blue Book, reflect the rapidly shifting landscape of the automotive market not only in the USA, but also elsewhere.