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

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

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* Agenda Stewart Jennings President - Macro-Economic Policy - Micro-Economic Policy Theo Loock Vice President - Vehicle Sales / Production History - APDP ... – PowerPoint PPT presentation

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


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 Mpu
eleng Pooe NAACAM Executive - Content - Deepi
ng and widening of Component Industry - Procureme
nt 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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