The South African automotive industry is losing business due to the land-grab situation within Zimbabwe, say local media reports citing the country`s top car importer (29/8/00).
The SA report says that the SA Government’s failure to respond to the Zimbabwean land-grab issue has seen car buyers delay car purchases, undermining business confidence which in turn affects jobs.
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Quoting Mannie De Canha, Head of Associated Motor Holdings, South Africa’s top motor importer, the report says that the sharp drop-off in consumer purchasing of new cars last month can only be attributed to the SA Government not responding to the Zimbabwean land-grab problem.
SA media – citing De Canha – says that the Government’s inability to deal with Zimbabwean President Robert Mugabe is affecting growth in SA.
