In its recent oversight meeting with various state entities tasked with transforming SAs automotive industry, parliaments portfolio committee on trade, industry and competition called for deeper localisation, job creation and meaningful transformation.
The call comes amid the need to closely assess the progress made in the implementation of the South African automotive industry master plan 2035. During the deliberations, entities reflected on the work being done, but it became evident that the committee, in the main, sought to hear more about impact-inclined progress reports with pockets of evidence on turning the tide in the sector.
It was encouraging to note that the committees call reflects well on my previous articles about various aspects of the Competition Commissions work from how merger transactions are assessed to providing more information about legal processes or market inquiry outcomes.
