FAW Trucks introduces J7 in South Africa
FAW Trucks Southern Africa has unveiled the J7, a new heavy-duty truck tractor designed for long-haul transport across the region.
- Product News
- 7 April 2026
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.
The BMW iX3 has been named World Car of the Year 2026, with the announcement made at the New York International Auto Show on 1 April.
Retail new vehicle sales continue to surge in South Africa despite global and regional conflicts, local floods and droughts.
South Africa’s new vehicle market delivered a standout performance in March 2026, extending its domestic growth trajectory to the strongest level seen in nearly two decades.