SA to end incentives for semi knocked-down vehicle assembly & South Africa's growing golf industry

Stephen Grootes speaks to Siyabonga Mthembu, Audit Partner and automotive sector lead at BDO South Africa, about the government's decision to phase out incentives for automakers that import nearly complete vehicles for local assembly. The move is aimed at encouraging manufacturers to produce more vehicles and components locally, create jobs and increase investment in South Africa's automotive industry. With local content currently averaging 38%, questions remain about whether the policy shift can strengthen domestic manufacturing and make the sector more competitive. 

In other interviews, Nqobile Ndlovu, Founder of CashNSport Research & Advisory about the growing popularity of golf in South Africa and across Africa, and the business opportunities emerging from the sport. With South Africa's golf industry estimated to generate R49 billion annually and support around 40,000 jobs, attention is turning to what's driving its growth, the importance of corporate sponsorship in developing talent and hosting major tournaments, and what the future holds for golf across the continent.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
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