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
Hyundai Automotive South Africa has officially opened the 20th library and resource centre, which was donated as part of its corporate social investment programme – this time at the Thandukwazi Secondary School in Sebokeng.
The social investment programme, undertaken with the support of Hyundai Motor Company in South Korea and the DP World and Motus Community Trust, started in 2013 as an initiative to create libraries and learning resource centres at schools in previously disadvantaged communities in the south of Gauteng. Since 2013, twenty libraries have been donated to schools in the region.
The opening of the brand-new library and resource centre, with a computer-linked projector and several laptop computers for use by the learners of Thandukwazi Secondary School, bears testimony to Hyundai Automotive SA’s intention to create a reading and learning culture at schools and in communities that do not have access to such facilities.
Michael Nkitsing, acting principal, thanked Hyundai Automotive SA and its co-sponsors on behalf of the learners and teachers of Thandukwazi Secondary School “for this important investment”.
“As one of the top-performing schools in the province, we are hopeful that this donation will serve as a way of investing to achieve the 100% matric pass rate that we are targeting for 2024.
“Thandukwazi Secondary School serves learners who come from previously disadvantaged communities where there are no libraries. This library will have a long-lasting and positive impact to our community at large,” says Michael.
Christine Masinga, Human Resources Director of Hyundai Automotive SA, addressed the school’s learners and said: “It was always a great honour in corporate investment for Hyundai Automotive South Africa ... to open a great resource as a way of building a culture of reading and learning, not only for Thandukwazi Secondary School and the community, but for South Africa as a whole.”
She encouraged the learners "to be bold in your curiosity" and to use the library to satisfy this curiosity.
"In that library you are going to find resources and pockets of information that will make you laugh, that will enhance your understanding of mathematics and science, and it will also transport you to places in the world that you will never see.
"I like travelling, but where I cannot go in person, I go through reading," she says.
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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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.