South Africa's automotive industry plans to inject around R4.7 Billion new production facilities, and research and development this year, nearly double what was spent in 2009. This is according to NAAMSA first quarter review of business conditions...

Manufacturing production increased by 2.7% year-on-year in February compared to a revised 3.5% growth in January, Statistics SA said on Thursday. The figure was lower than expected. Standard Bank economists had anticipated a growth rate of four...