Why insurance premiums differ for the same car
Two South Africans can drive the same make and model of car yet pay very different monthly insurance premiums.
- Industry News
- 23 April 2026
The 6th annual instalment of the Festival of Motoring is back in South Africa. Being an annual event, it showcases a variety of motoring events, all housed at the renowned Kyalami Grand Prix Circuit.
The event will feature a number almost 70 track-based events, an off-roading experience, which is said to be the largest ever built, 50 pitlane doors and more than 100 exhibitors.
The event is scheduled to take place from 25-27 August and will be open to the public as it appeals to families who have the taste for fast cars. The Festival of Motoring brings together industry leaders, experts and enthusiasts in the automotive space.
“It’s a great honour and privilege to continue our long-standing partnership with the Festival of Motoring. The festival, powered by WesBank featuring FNB and MotoVantage – key players within the FirstRand group – remains the biggest auto show in the country. It’s an unmatched platform for enthusiasts to indulge in the best of what the automotive sector has to offer,” says Ghana Msibi, WesBank CEO.
The event will have four designated zones – Blue, Green, Red and Yellow, and each sector will cater to different audiences wanting to cherry-pick their favourite activity.
Two South Africans can drive the same make and model of car yet pay very different monthly insurance premiums.
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Two South Africans can drive the same make and model of car yet pay very different monthly insurance premiums.
Volvo Trucks South Africa has donated a new FH440 truck-tractor unit to the Commercial Training Academy (CTA) for use in their women truck driver development programmes.
BAIC Automobile South Africa hosted a high-level delegation from the Motor Industry Association of Zimbabwe (MIAZ), alongside key representatives from Zimbabwe’s automotive, labour, government, and business sectors, at its Gqeberha manufacturing plant.