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Transformation initiative launched

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The National Association of Automotive Component and Allied Manufacturers (NAACAM) held its annual general meeting last month at the inaugural Kyalami Festival of Motoring.

The association’s president, Dave Coffey, used the opportunity to launch a programme of activities to drive NAACAM’s transformation efforts in the sector – a key consideration since many member companies have been slow to adapt to the new B-BBEE codes implemented by the Department of Trade and Industry.

In his address Coffey reiterated NAACAM’s commitment to aiding government’s drive to increase levels of true transformation in the automotive sector. He said he believed many companies were struggling to adapt due to a lack of awareness and a dearth of best practice examples.

“To this end, a detailed research and information dissemination process is underway. Workshops will be held from the end of the month in all major auto manufacturing regions across the country. Members are encouraged to participate and increase levels of proactivity in getting to the updated B-BBEE targets,” he said.

Coffey added that NAACAM would continue to play an advocacy role in addressing members’ concerns once all avenues regarding compliance had been explored.

He also used the AGM to brief members on various other challenges and opportunities facing the sector, update them on the 2035 automotive masterplan process, as well as to formally introduce the incoming executive director, Renai Moothilal, and pay tribute to outgoing advisor Roger Pitot for his contribution to the association.

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