Please click here
for an invitation from the dti to join an official visit with Minister Davies to France. The targeted delegate profile will suit executive management of companies with export and/or investment links to French companies. NAACAM supports such as part of a wider strategy of increasing profile and visibility of SA component producers. Costs will be self borne with RSVP's and other logistical arrangements to be finalized directly through the dti contacts as listed.
- PFK Supplier Development. Aligning the enterprise and supplier development strategy to business needs is key to the sustainability and growth of not only PFK Electronics but the business landscape in South Africa as a whole…… Read more
- Please click here for an excellent report on progress made by member company Autoliv SA, in their Total Productive Maintenance (TPM) journey. This process was facilitated by the AIDC, one of our associate members, and is a great example of collaboration between Naacam manufacturing and service related members. Congratulations to all involved!
- Tooling EPC Recommendations For Members Dec 2016 - Click here
- Please click here for an important update regarding the EU-SADC EPA. Of special interest to members with direct exports to the EU.
- Click here for the Withdrawal of S28 Notice to the Paper and Packaging Industry, Electrical and Electronic Industry and Lighting Industry.
- Click here for information regarding amended legislation from ITAC on permits for the export of scrap metal.
- Introduction the Western Cape Automotive Cluster (WCAC)
The WCAC is a new partnership between the Western Cape Provincial Government and the automotive industry in the province. Clear industry support for the establishment of the WCAC was affirmed when six firms came together, as a result of the recognition of the need for economic development of the local automotive industry. As a new cluster with B&M Analysts as the service provider, it is intended to assist firms in leveraging maximum advantage from a set of cluster activities.
The principle of clustering is in essence one of enhancing the competitiveness of a regional industry through collective interventions, which are more likely to be successful than isolated efforts. Clustering efforts are therefore based on undertaking rigorous research followed by the facilitation of joint activities or interventions through securing firm-level input into the specific opportunities identified.
The primary focus of WCAC is to develop the competitiveness of the Western Cape automotive industry. Four strategic focus areas have been identified as being core to attaining the growth aspirations of the local automotive industry, namely:
- Market & Technology Access: Access to increased scale of production and access to product and process technology, specifically through OEM localisation; economic development strategy and trade facilitation.
- Skills Development: Attracting, developing and retaining skills has been identified as a key driver of productivity and hence an important contributor to industry competitiveness.
- Operational Capability: Enabling enhanced operational performance through the adoption of World Class Manufacturing.
- Supply Chain Management: Provision and availability of competitive logistics is a particularly important competitiveness determinant of the Western Cape automotive industry.
As a sector-specific organisation with the support of a core group of firms, the WCAC is well positioned to provide the support required to realise its objectives. The WCAC aims to play a pivotal role in supporting the growth and competitiveness of the provincial automotive sector.
Eleventh Schedule of the Taxation Laws Amendment Act of 2012
It has recently come to our attention that the Eleventh Schedule of the Taxation Laws Amendment Act of 2012 (as applied to the Income Tax Act) states that grants received from the Department of Trade and Industry under the Automotive Investment Scheme are exempt from normal taxation.
This applies to all grants received or accrued on or after 1 January 2013. At the outset of the AIS these benefits were definitely taxable - we are unsure how or why this has changed, but the wording in Schedule Eleven is clear and unambiguous.
We accordingly advise our members to take full advantage of this considerable benefit.
We have also noted that the same act states that “grants” received from the Department of Trade and Industry in respect of the Automotive Production Development Programme (APDP) are also exempt from normal taxation from 1 January 2013. Since benefits under APDP do not accrue in the form of “grants” from dti, it seems unlikely that we can benefit under this provision.”