Thabo Manaka is the new Chief Executive Officer of Toyota Financial Services South Africa (TFSSA).
Thabo is a long-serving member of the TFSSA team and is currently the Director and Senior Vice President of Corporate Administration at TFSSA. He joined the financial services company in 2007 and rose through the ranks to his new position.
Prior to joining TFSSA, Thabo held positions in which he was responsible for compliance, IT, legal and risk management.
Thabo is succeeding Marius Burger who is retiring at the end of the year, after seven years at the helm. He will start in his position on 1 January.
Says Thabo: "The COVID-19 pandemic has an impact on all people, not only locally, but the entire globe. At TFSSA, we recognise the importance of adapting to these changing times. As the world evolves, so will the financial and mobility solutions, and we can assure you that we are ready to put the smiles back on our customers’ faces.”
Andrew Kirby, President and CEO of Toyota South Africa Motors and Chairman of TFSSA, says: “TSA can rely on Thabo and his continued support at TFSSA. He demonstrated his range of management skills, along with experience and curiosity that could not be more relevant to transform TFS into a mobility-savvy organisation in the years ahead.”
“I thank the Board and the Shareholders for the confidence they have in me to lead Toyota Financial Services,” Thabo concluded.
UD Trucks Southern Africa (UDTSA) hosted its 2025 Annual Dealer Conference (ADC) where key stakeholders from across the dealer network and high-performing dealerships that delivered exceptional business results in 2024 were honoured.
JLR has hired 50 specialists to maximise the resilience of new electric-vehicle supply chains and uphold ethical standards, amid ongoing geopolitical uncertainty as it transforms to deliver its next generation of pure electric models across all its brands by 2030.
The first, all-EV courier company, has charged its batteries and is ready for business, says Alex Staniland owner of Xpress, with an eye on innovation and gaps in the market.
Advertisement
Advertisement
If you are not taking care of your customer, your competitor will.
Bob Hooey
Daimler Truck AG ("Daimler Truck"), Mitsubishi Fuso Truck and Bus Corporation ("Mitsubishi Fuso"), Toyota Motor Corporation ("Toyota") and Hino Motors Ltd ("Hino") entered into definitive agreements for the integration of Mitsubishi Fuso and Hino.
The illegal dumping of tyres by at least four countries from the Far East on the South African market, is a serious contributing factor that local tyre manufacturers have to deal with.
Goodyear is set to close its tyre manufacturing plant in Kariega in the Eastern Cape, and it could affect as many as 900 jobs at the facility, not to mention the knock-on effect it would have on the economy of the Eastern Cape, which is already suffering from high unemployment.
