Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
BMI View: The poor consumer outlook in South Africa will weigh on passenger vehicle sales as the costs
associated with owning a vehicle continue to rise. The domestic production industry will continue to do well
in the automotive industry as the export market together with a relative weak rand boost production for
- Wage negotiations in the manufacturing sector reached a settlement with no work stoppages.
- Production for export will keep local production growing despite the decline in domestic sales.
- The wage negotiations in the retail segment of the vehicle industry are yet to be resolved.
- The Automotive Production and Development Programme will support total vehicle production and sales.