Author: Staff Writer

It’s .a mixed bag of results for the South African automotive industry. While used car sales slipped slightly compared to October, it’s worth noting that November was the second most successful month for used car sales and the most successful for the new passenger car segment. New car sales enjoyed notable growth, suggesting renewed consumer confidence in the market, spurred by falling interest rates and a strengthening Rand. AutoTrader’s latest industry data shows a slight decline in used car sales but strong overall performance. Last month, 32,158 used vehicles were sold, just shy of November 2023, when 32,300 used cars were…

As global e-commerce expands rapidly, the logistics industry faces rising demand for bespoke, high-end services. To stay competitive in such dynamic markets, logistics companies are increasingly adapting to meet evolving customer expectations, with a strong focus on service excellence. One significant trend emerging from this shift is the rise of white glove services—premium, tailored logistics solutions that provide meticulous attention to detail and extra care for clients. In 2022, the U.S. market for white glove services was valued at $7.84 billion, with projections indicating growth to $20.25 billion by 2030, at a compound annual growth rate (CAGR) of 12.7%¹. This…

Anglo American has noted an increase in online share trading scams circulating on various social media and digital platforms, bearing fictitious company brand identity and names of some of its executives to lure unsuspecting victims. Scammers are taking advantage of unsuspecting people by promoting fake trading platforms and offering unrealistic returns on investments. Such platforms tend to be well designed Apps and websites that are extremely sophisticated. However, no company will ever trade in shares directly with the public.in this way.  Nevashnee Naicker, the Executive Head of External Relations at Anglo American in South Africa has called on members of…

The Volvo EX30 has added another prestigious accolade to its growing list of achievements, being named EV of the Year at the TopGear South Africa Awards 2024. The latest addition to the brand’s electric lineup was recognised for several factors, including its exceptional value for money. “EVs may have had a slow uptake in Mzansi, but the introduction of Volvo’s EX30 seems to have resonated with a slightly wider audience,” commented Lerato Matebese, Publishing Editor at TopGear SA Magazine. In the first ten months of 2024, Volvo sold 348 units of the EX30, making it one of the most successful…

Altron has appointed new Group Executives for Legal and Investor Relations to support the Group’s accelerated growth plan. Effective from 1 March 2025 Lauren Wilson has been appointed to the role of Group Executive of Altron’s Legal Department, with Zanele Salman taking over as Group Executive of Investor Relations effective 17 February 2025. Altron Group CEO Werner Kapp says the appointments underscore Altron’s commitment to driving its growth plans and creating enhanced value for shareholders from its portfolio of platform and IT services businesses. “Both Lauren and Zanele bring extensive industry experience to the Group, and their appointments will augment our…

The three-point seatbelt stands out as one of the most important innovations in automotive safety. Invented by Volvo in 1959, the Swedish automaker chose to share this life-saving device with the world instead of patenting it. As a result, the three-point seatbelt is estimated to have saved over one million lives since its introduction. A recent Volvo Car South Africa survey sheds light on seatbelt-wearing habits among local motorists and passengers. The findings revealed a concerning trend among younger individuals, many of whom avoid using their seatbelts. Additionally, the survey highlights notable differences in buckling up between genders. Cool factor: men care more…

McDonald’s beloved purple character, Grimace, wrapped up his South African adventure with a memorable appearance as he brought his signature magic to the Blitzboks, who secured their first home victory in nine years at the HSBC SVNS Cape Town tournament. In a thrilling final at the DHL Stadium, the Blitzboks defeated France 26-14, giving fans a historic and unforgettable moment. Grimace has a reputation for spreading luck to global sporting teams. From inspiring basketball and baseball triumphs in the USA to now uplifting South African rugby, his presence seems to be the charm that teams need to succeed. The Blitzboks’…

African law firm Bowmans has announced a new partnership with generative AI platform Harvey, a tool designed specifically for the legal industry. Bowmans is the first African law firm to integrate Harvey into its operations, a move expected to set a new standard for law firm innovation on the continent. Harvey offers a range of functionalities, including first-level contract analysis, legal research assistance, and due diligence and regulatory compliance checks. The platform has an intuitive interface and uses advanced AI algorithms to assist lawyers to efficiently and accurately review contracts, summarise and translate documents, and perform redline reviews. Bowmans’ decision…

Google has appointed experienced business leader, Kabelo Makwane, as its new Country Director for South Africa. Makwane will take up his new role early in the new year. The well respected leader has 20+ years of experience in the technology sector and joins Google from Vodacom Business where he currently serves as Managing Executive for the Cloud, Hosting, and Security business.  Prior to Vodacom, he was Managing Director for the Africa Global Unit at Accenture Operations, and also held the role of Managing Director for Cloud and Technology Consulting.  He also spent eight years at Microsoft in various roles including as Country…

Nedgroup Securities (Nedgroup) will now be able to transact across markets for the 174 companies and exchange traded funds listed on A2X across all key sectors, including media, property, mining, banking, retail, FMCG, financial services, insurance, healthcare and telecommunications. Kevin Brady, CEO of A2X Markets, said, “We are delighted to be welcoming Nedgroup as the latest broker authorised to trade on our market. The A2X team has been working closely with the team at Nedgroup and we are pleased that they will now be able to trade across markets and offer their clients best execution when they transact.” Brady added,…