Corporate Affairs

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    Premium car sales drop sharply, Merc hopes SUVs will help counter downturn

    The economic slowdown in South Africa has now also reached the country’s big earners it seems. Sales of new premium luxury cars in South Africa were down 25% in September compared with the same month last year, says Mercedes-Benz South Africa (MBSA) co-CEO and MBSA Cars executive director Florian Seidler.

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    Premium car sales drop sharply, Merc hopes SUVs will help counter downturn

    The economic slowdown in South Africa has now also reached the country’s big earners it seems. Sales of new premium luxury cars in South Africa were down 25% in September compared with the same month last year, says Mercedes-Benz South Africa (MBSA) co-CEO and MBSA Cars executive director Florian Seidler.

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    UN official ‘delighted’ at VW scandal, sees clean car ‘revolution’

    The United Nations (UN) climate change chief said on Tuesday she was “delighted” by the Volkswagen emissions cheating scandal because the company will now hasten manufacturing of electric and hybrid cars, speeding a global shift away from fossil fuels. Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, noted that Europe’s largest carmaker has said it will expand production of electric and hybrid cars and said that was a silver lining to its cheating on diesel emissions tests.

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    UN official ‘delighted’ at VW scandal, sees clean car ‘revolution’

    The United Nations (UN) climate change chief said on Tuesday she was “delighted” by the Volkswagen emissions cheating scandal because the company will now hasten manufacturing of electric and hybrid cars, speeding a global shift away from fossil fuels. Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, noted that Europe’s largest carmaker has said it will expand production of electric and hybrid cars and said that was a silver lining to its cheating on diesel emissions tests.

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    ‘Something starting to give’ in SA economy, 2017 offering some hope

    It was “quite apparent that something was starting to give” in South Africa’s economy, said Citibank economist Gina Schoeman on Tuesday. Speaking at a breakfast meeting hosted by Ford, she said the country had become a 1% economy, with economic growth slipping from 3% to 2% to the current level of around 1%.

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    ‘Something starting to give’ in SA economy, 2017 offering some hope

    It was “quite apparent that something was starting to give” in South Africa’s economy, said Citibank economist Gina Schoeman on Tuesday. Speaking at a breakfast meeting hosted by Ford, she said the country had become a 1% economy, with economic growth slipping from 3% to 2% to the current level of around 1%.

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    Threat of Zim airport closure a cautionary tale, Gibb asserts

    Black-owned engineering consulting firm Gibb has intensified calls for the upgrade of Africa’s ageing airport infrastructure, arguing that aviation investment is becoming increasingly critical as the continent markets itself as an attractive and sustainable investment destination. “Poor records of safety and security, distance and limited connectivity, investment in education and training, a lack of adequate resources and infrastructure and a lack of regulation are among the main challenges faced by the African aviation industry, which provides the economy with significant growth,” asserted Gibb technical executive Sumeshin Naidoo.

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    Threat of Zim airport closure a cautionary tale, Gibb asserts

    Black-owned engineering consulting firm Gibb has intensified calls for the upgrade of Africa’s ageing airport infrastructure, arguing that aviation investment is becoming increasingly critical as the continent markets itself as an attractive and sustainable investment destination. “Poor records of safety and security, distance and limited connectivity, investment in education and training, a lack of adequate resources and infrastructure and a lack of regulation are among the main challenges faced by the African aviation industry, which provides the economy with significant growth,” asserted Gibb technical executive Sumeshin Naidoo.

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    Airbus stressed synergies with SAA as UK RAF A330 Voyager visits S Africa

    Airbus Defence and Space: Military Aircraft has highlighted that its A330 Multirole Tanker Transport (MRTT) has significant commonalities with the Airbus A330-200 commercial airliner, upon which it is based. The South African Air Force (SAAF) once operated a fleet of four Boeing 707 tankers, which were also used as transports, but these were retired without replacement some eight years ago. It is widely held that, to effectively support the country’s policies in Africa, the SAAF needs both an air-to-air refuelling tanker and a strategic transport aircraft. “The A330 MRTT could take the South African Air Forces’s long range interventions and peace keeping operations support to the next level,” affirmed company Military Affairs head Didier Vernet.

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    Airbus stressed synergies with SAA as UK RAF A330 Voyager visits S Africa

    Airbus Defence and Space: Military Aircraft has highlighted that its A330 Multirole Tanker Transport (MRTT) has significant commonalities with the Airbus A330-200 commercial airliner, upon which it is based. The South African Air Force (SAAF) once operated a fleet of four Boeing 707 tankers, which were also used as transports, but these were retired without replacement some eight years ago. It is widely held that, to effectively support the country’s policies in Africa, the SAAF needs both an air-to-air refuelling tanker and a strategic transport aircraft. “The A330 MRTT could take the South African Air Forces’s long range interventions and peace keeping operations support to the next level,” affirmed company Military Affairs head Didier Vernet.

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