Covid-19 Financial Interventions & Updates
ONLINE DISCUSSION: Economic Outlook 2021 and Budget Expectations
You are invited to an interactive online discussion with Exporters Eastern Cape and Peregrine Treasury Solutions on Thursday, 18 February 2021 at 10:00 during which we’ll get to grips with how best to hedge your risk in what look set to be another unpredictable year....
Year-end Message from Quintin Levey, Chairman of Exporters Eastern Cape
Dear Members We find ourselves at the end of 2020, a year which has challenged us all in ways we could never have imagined. The Covid 19 pandemic is something we never thought we would experience in our lifetime and the effects are far reaching. At a time when the...
Vehicle exports are still 32,9% below the level of the same period last year
Reflecting on the new vehicle sales statistics for the month of November 2020 naamsa said that, although the gradual monthly gains in sales growth by volume in the new vehicle market continued during the month, the year-to-date situation remained depressed. Aggregate...
“NOT OUT OF THE WOODS YET”
“New vehicle sales in South Africa are slowly picking up but not at 2019 levels yet. We are not out of the woods yet. While vehicle exports are making a steady comeback, we remain cautiously anxious about the reports of a COVID-19 second wave across Europe which could...
COVID support offered by AIDC Eastern Cape
Moody’s in October said it expects global auto sales to fall 20 percent in 2020, with a healthy 11.5% percent rebound in 2021. Regardless of the forecasts, recovery in the automotive supply chain is likely to be slow and businesses may remain under strain as buyers...
WATCH NOW: Online Panel Discussion – October 2020
Exporters Eastern Cape hosted an online Panel Discussion on Thursday, 15 October 2020 on the Challenges, Successes, and way forward during the Covid-19 Pandemic and lockdown focusing on the automotive, citrus, port and logistics industries. PANELISTS: Captain Faisal...
Vehicle exports for the first half of year currently reflects a massive decline
The entire motor industry was able to resume full operation in June 2020 under the current COVID-19 country lockdown restrictions. Although markedly up from the previous two months, the new vehicle market continued to remain under severe pressure. Vehicle exports for...
WATCH NOW: Optimising the Foreign Exchange Function of your Business
Exporters Eastern Cape hosted its third webinar on Thursday, 25 June 2020 with Offshore FX on optimising the foreign exchange function of your business and conducting sound financial management principles during uncertain times. The webinar touched on: The importance...
Vehicle export numbers are anticipated to start gaining momentum again
Although export sales, at 10 819 units, registered a big fall of 19 333 units or a decline of 64,1% compared to the 30 152 vehicles exported in May last year, this was an improvement on April 2020 considering that many of the vehicle manufacturers will only commence...
VWSA resumes production and exports
Uitenhage plant restarts production in line with Level 4 lockdown regulations 100-point plan implemented to protect employees on site Uitenhage – Following a gradual ramp-up of its local production, the Volkswagen Group South Africa (VWSA) plant in Uitenhage has...
© Exporters Eastern Cape | All rights reserved