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The Guidelines for Competition in the South African Automotive Aftermarket need to be applauded and its implementation carefully monitored particularly at a time when the economy is experiencing an unprecedented unemployment crisis.
After recently splashing out on your dream car, you receive a call from the dealership stating that the model is being recalled to fix a defect. The manufacturer will bear the cost and it will be arranged for the vehicle to be collected. This is inconvenient, but you agree and hand your vehicle over to the tow truck driver when he arrives.
Some businesses have not seen much growth over the past year, due to ongoing pandemic-related restrictions and cash-strapped consumers. A subdued economic landscape often leads to cost-cutting initiatives within companies, which in turn can lead to increased exposure to risk, further threatening the bottom line.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?