It is a tough start to the year for Motus employees, with 86 being retrenched from the JSE-listed automotive company. Additionally, 579 employees face significant changes to their remuneration and benefit structures. The group, which employs 20,000 people globally and 13,000 in South Africa, imports major brands such as Hyundai, Tata, Kia, and Mitsubishi—all of which have been struggling due to the surge in affordable Chinese vehicle imports. Tehilla Niselow spoke to Sonja Carstens, spokesperson for the Motor Industry Staff Association (MISA), about the impact on the sector.

It is a tough start to the year for Motus employees, with 86 being retrenched from the JSE-listed automotive company. Additionally, 579 employees face significant changes to their remuneration and benefit structures.&nbsp;The group, which employs 20,000 people globally and 13,000 in South Africa, imports major brands such as Hyundai, Tata, Kia, and Mitsubishi&mdash;all of which have been struggling due to the surge in affordable Chinese vehicle imports. Tehilla Niselow spoke to Sonja Carstens, spokesperson for the Motor Industry Staff Association (MISA), about the impact on the sector.

POWER Business is on every week with Nosipho Radebe, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money-related matters. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

POWER Business is on every week with Nosipho Radebe, offering a wrap-up of the day&rsquo;s business news, analysis of market trends and advice on all money-related matters. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

The POWER Business Show

POWER Business is on every weeknight, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money-related matters. Tehillah Niselow interviews leading CEOs whose businesses are making headlines. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

POWER Business is on every weeknight, offering a wrap-up of the day&rsquo;s business news, analysis of market trends and advice on all money-related matters. Tehillah Niselow interviews leading CEOs whose businesses are making headlines. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

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