Chery Group showcase a variety of new vehicles
Brands in the Chery Group showcase their latest offerings at the 2026 Beijing Auto Show recently held in China.
- Industry News
- 29 April 2026
South African industries across the board uttered a collective sigh of relief yesterday (17 October) when the week-long Transnet strike was finally resolved.
The strike brought ports to a standstill and severely affected imports and exports. This was particularly acute at Durban, serving Toyota and other major exporters, and Gqeberha, which serves Volkswagen and other major exporters.
On Monday, Transnet reached a three-year wage deal agreement with the United National Transport Union (UNTU), which represents more than 50% of unionised staff. It is expected that the other unions will follow suit, and news reports already indicate that many workers are returning to their stations.
The deal includes a 6% increase in year one, a 5.5% increase in year two, and a 6% increase in year three, as well as medical aid and housing allowance increases.
Some analysts were surprised by the fact that the union, which until recently demanded a 12% wage increase, settled for a below-inflation deal.
The deal will apply to all workers in the sector (including non-unionised employees) with effect from 1 October.
Brands in the Chery Group showcase their latest offerings at the 2026 Beijing Auto Show recently held in China.
South African motorists are heading for another fuel price adjustment in early May, with increases likely to be driven mainly by global oil prices and a weaker rand, rather than additional tax changes.
Mahindra South Africa has announced a change to its key leadership position with Rajesh Gupta, current CEO of Mahindra South Africa, appointed as Regional Head for South Africa, Australia, New Zealand and South Asia for the parent company Mahindra and Mahindra.