Mahindra getting ready for the Fusion Fest next year
Mahindra South Africa’s Fusion Fest 2026 returns on Saturday, 7 March 2026 at the iconic SunBet Arena, Time Square in Pretoria.
- Industry News
- 1 December 2025
We recently looked at a number of aspects regarding the changes in the Financial Intelligence Centre (FIC) Act that will affect Motor Vehicle Dealers (MVDs) in certain instances.
We covered themes ranging from Vehicle Dealers: From Reporting to Accountable Institutions; Seven key points to become fully FICA compliant; A hefty price to pay for non-compliance to Seven Reasons you should automate your FICA process.
At the end of last year, the Government Gazette published changes to Schedules 1, 2 and 3 of the FIC Act. Motor vehicle dealers were included in the High Value Goods Dealers (HVGDs) category as Accountable Institutions. These new Accountable Institutions were granted an 18-month transitional period by the FIC.
Now with only six months left in the 18-month transitional period, time is ticking away for new Accountable Institutions to become FICA compliant.
Still unsure as to what to do to become FICA compliant? Join DocFox, a leading FICA software provider, for a free 1-hour webinar on the 8th of November at 10:00 to find out whether your business is an Accountable Institution and discover the obligations required to ensure that you are fully FICA compliant.
Topics to be discussed include:
- New Accountable Institutions that need to comply with FICA
- Steps required to be FULLY FICA compliant
- Consequences of FICA non-compliance
• Registration link:
https://us02web.zoom.us/webinar/register/5516983058753/WN_2h1MnoXzQhmWSkfjYpExjg
Mahindra South Africa’s Fusion Fest 2026 returns on Saturday, 7 March 2026 at the iconic SunBet Arena, Time Square in Pretoria.
VSL Manufacturing officially unveiled its new R750 million, purpose-built manufacturing facility adjacent to the Isuzu Motors South Africa (IMSAf) assembly plant in Struandale, marking a major milestone for South Africa’s automotive value chain, black industrialisation, and the Eastern Cape’s manufacturing ecosystem.
FAW Trucks Southern Africa recently welcomed the extended Southern African regional dealer network and teams as well as country managers, sales directors and technical heads from across the continent to its flagship manufacturing facility in the Coega Industrial Development Zone for the 2025 Export Dealer Conference.