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Presentation to the Portfolio Committee on Trade and Industry on the revised IPAP in Parliament.

Presentation to the Portfolio Committee on Trade and Industry on the revised IPAP in Parliament. Friday, 5 th March 2010. Agenda. Stewart Jennings – President - Macro-Economic Policy - Micro-Economic Policy Theo Loock – Vice President - Vehicle Sales / Production History - APDP

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Presentation to the Portfolio Committee on Trade and Industry on the revised IPAP in Parliament.

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  1. Presentation to the Portfolio Committee on Trade and Industry on the revised IPAP in Parliament. Friday, 5th March 2010

  2. Agenda Stewart Jennings – President - Macro-Economic Policy - Micro-Economic Policy Theo Loock – Vice President - Vehicle Sales / Production History - APDP - Localisation - Employment Mpueleng Pooe – NAACAM – Executive - Content - Deeping and widening of Component Industry - Procurement Policies - BBBEE Alternatives - Deepening and securing of Employment

  3. Vehicle Sales History Domestic Sales

  4. Vehicle Sales History Local versus Imports

  5. Vehicle Sales History Export Sales

  6. Vehicle Production History Local Production

  7. APDP • NAACAM Support Program. • Greatful for replacement of MIDP. • Appreciative of Minister and DTI efforts. • MIDP unplanned negative effect – increase in imported vehicles. • APDP to be finalised and implemented. • No further reduction in Gross Import Duties. • Assurance required to ensure Localisation.

  8. Localisation • Need to be deepened. • Approval at Project Presentation Phase. Linked to local content. • Need to be above 70%. • Local Suppliers to be nominated. • Quarterly monitoring required. • Build assurance into Legislation. • BBBEE requirement build-in. • Penalties for not adhering to Plan.

  9. Employment • Industry down from 85 000 – 60 000. • Our Company down 3 000 from 8 500 to 5 500. • Impacted mostly by reduction in exports and increase in imports. • Liking for multi-national companies with foreign ownership with own imported supplier base.

  10. Thank you for your time.

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