Title: Presentation to the Portfolio Committee on Trade and Industry on the revised IPAP in Parliament.
1Presentation to the Portfolio Committee on Trade
and Industry on the revised IPAP in
Parliament. Friday, 5th March 2010
2Agenda
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
3Vehicle Sales History
Domestic Sales
4Vehicle Sales History
Local versus Imports
5Vehicle Sales History
Export Sales
6Vehicle Production History
Local Production
7APDP
- 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.
8Localisation
- 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.
9Employment
- 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.
10Thank you for your time.