NAACAM

#NAACAMProud: NAACAM member, MALBEN ENGINEERING LIMITED, a B-BBEE level 4 supplier of stampings and welding components, has become the first South African automotive component manufacturer to trial green, low-carbon steel. This groundbreaking initiative marks a significant step towards sustainable manufacturing in the automotive industry.   At a recent handover event in Nigel, Operational Director Luca Smargiasso, emphasised how adopting green steel will revolutionise the automotive and steel sectors, paving the way for a decarbonised future. The green steel coil, produced by Germany's Salzgitter AG, showcases a commitment to environmental solutions that align with global sustainability goals.   "Maben Engineering's strong partnership with Allied Steelrode and Salzgitter AG has been key in this journey. Together, we've worked tirelessly to ensure the successful import and processing of this innovative material—the first of its kind in Africa," Luca said.   The reduction in emissions from using green steel is sizeable. Salzgitter AG agent Shane Barnard of United Steel indicated that 2.2 to 2.4 tonnes of CO2 is emitted for every tonne of grey steel produced—meanwhile, green steel production results in only 0.48 tonnes of CO2 emissions.   Luca further noted, "Malben Engineering isn't just committed to leading in technology; we're also dedicated to environmental stewardship. Recently scoring 98% in a Responsible Supply Chain Initiative audit, we're setting new standards for sustainability in the automotive component manufacturing sector."   "This is no longer just a moral or environmental choice but a strategic business decision. International regulations are pushing all manufacturers to pursue environmental sustainability actively," added Allied Steelrode Chief Marketing Officer Lee-Ann Geyser.   Commending Malben Engineering, Renai Moothilal, CEO of NAACAM, commented, "NAACAM is proud of our association with Malben Engineering. Decarbonisation and sustainability are becoming increasingly important elements in OEM sourcing and localisation decisions. Malben Engineering's proactiveness as early adopters of sustainable practices will ensure that they are well positioned when these decisions are made."   Read the full release: https://lnkd.in/dHaqTsdE #WeAreNAACAM #NAACAMProud #DrivingLocalisation #DrivingSustainability  Nduduzo Chala (Cert.Dir.)(MBA), Beth Dealtry, Jithin Kottikkal, Marco S., Luca Smargiasso Smargiasso, Shane Barnard, Marius Schafer, Arun Chadha, Salzgitter AG, allied steelrode ptyltd, United Steel Services (Pty) Ltd

#NAACAMShow2025: We are proud to announce that the NAACAM Show 2025 will be held in partnership with AIDC Eastern Cape in Gqeberha. This event, set for quarter 3 of 2025, will showcase the world-class capabilities of South Africa's automotive component manufacturing sector. Establishing itself as a premier platform for networking, thought leadership and industry collaboration, the previous NAACAM Show, held in 2023 in Tshwane, included over 130 exhibiting brands, all of which were local automotive component manufacturers, original-equipment manufacturers (OEMs), industry service providers and key public and private sector stakeholders, and 56 conference speakers discussing key sector topics and trends. NAACAM Show 2025, driven by AIDC-EC, will build on last year's successes and highlight the ongoing importance of automotive component manufacturing and the economic potential the sector holds. The event will include a two-day exhibition and thought leadership conference. Participants can look forward to exciting parallel events and activities during the week of the Show. The venue, dates and other information will be released in the coming weeks. Read the full press release here: https://lnkd.in/esU3ZsYU For more information, please contact Beth Dealtry (beth@naacam.co.za) #WeAreNAACAM Renai Moothilal, Thabo Shenxane, Rowan Govender (MBA), Ugo Frigerio, Thamsanqa Arthur Mtombeni, Andrea Moz, Nduduzo Chala (Cert.Dir.)(MBA), Beth Dealtry, Marshal Myburgh, Martin Buchalter CA(SA), George Yerolemou, Deon Joubert

NAACAM is proud to host the Wekaba Engineering Supplier Open House on the 𝟯𝟬𝘁𝗵 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟬𝟮𝟰.   Established in 1981, Wekaba is a trusted Tier 1 and Tier 2 manufacturer of CNC-turned and milled machined components. Wekaba Engineering has been at the forefront of industries such as automotive, mining, rail, construction, and more. Wekaba is an 80% black-owned manufacturer that is ISO 9001 certified manufacturer and is in the process of receiving its IATF 16949. For more information on Wekaba visit their website on www.wekaba.com #NAACAMWEKABASupplierOpenHouse #Wekaba #DrivingLocalisation #WeAreNAACAM Neil Sewnarain , MBA, Gunter Haacke, Renai Moothilal, Nduduzo Chala (Cert.Dir.)(MBA), Beth Dealtry, Asimbonge Hlengiwe Mkhize, Fortune Tsutsa

Today, NAACAM, in partnership with Toyota Wessels Institute for Manufacturing Studies, hosted a fully subscribed breakfast seminar for members and key stakeholders. Professor Kriengkrai Techakanont from Thammasat University delivered the keynote address, after which he was joined in a vibrant panel discussion led by Professor Justin Barnes of TWIMS and including Renai Moothilal, NAACAM CEO and Andrew Kirby, CEO of Toyota SA. Professor Techakanont’s highlighted how Thailand’s automotive sector, which was comparable in size to SA’s in 1999, has grown to produce three times more vehicles than South Africa, employ over 400,000 people and be rapidly transitioning into NEV production. Key to this success was the flexible yet consistent policies prioritising consumer demand linked production and component localisation. For example, NEV-specific tax incentives and consumer subsidies are premised on the committed condition of local production of vehicles. The panel highlighted opportunities for South Africa to apply similar strategies to grow local production and support the transition to NEVs. Moothilal emphasized that South African suppliers are ready to transition to NEV production, with the opportunity now lying in working with local OEMs to prioritise the localisation of components for the different types of NEVs. Kirby stressed the importance of strategic industrial policy that promotes domestic sales and simultaneously incentivises OEMs to localise specific components. This would address declining localisation levels and the growing market penetration of imported vehicles which is leading to the deindustrialisation of the SA automotive sector. To achieve this, Professor Barnes indicated that a policy development process is needed that fosters collaboration, with all stakeholders fully embedded in the outcomes of this process.    The informative event gave attendees different perspectives on how the component sector could be supported to enable growth in localisation and add to its value proposition and competitiveness in supporting the domestic OEMs and unlocking greater economic development benefits. #DrivingLocalisation #DrivingTheNEVTransition Ugo Frigerio Thamsanqa Arthur Mtombeni Andrea Moz Billy Tom Peter van Binsbergen Nduduzo Chala (Cert.Dir.)(MBA)

The NAACAM/TWIMS breakfast seminar is about to begin, titled “From LCVs to NEVs: Thailand’s recent automotive value chain developments. Looking forward to Global Expert Guest Speaker Prof Kriengkrai Techakanont from Thailand; followed by a panel discussion with Prof Justin Barnes, Toyota Wessels Institute for Manufacturing Studies (TWIMS) Manufacturing Ambassador; Andrew Kirby, Toyota SA CEO; and Renai Moothilal, NAACAM CEO. #WeAreNAACAM #TWIMS #DrivingLocalisaiton #DrivingTheNEVTransition Beth Dealtry, Nduduzo Chala (Cert.Dir.)(MBA), Fortune Tsutsa

NAACAM & TWIMS Exclusive Gauteng Breakfast Seminar   NAACAM, in partnership with Toyota Wessels Institute for Manufacturing Studies (TWIMS), is set to host an insightful breakfast seminar focusing on Thailand’s transition from LCV to NEV production and the lessons it offers South Africa’s automotive industry. 🚘🌿   Guest Speaker: Prof. Kriengkrai Techakanont from Thammasat University will be sharing information on the strategic policies implemented in Thailand that have supported the country’s transition to producing and consuming NEVs, while maintaining its position as a large volume vehicle production destination. Following this, an industry discussion between Andrew Kirby, Renai Moothilal and Prof Kriengkrai Techakanont, facilitated by Prof Justin Barnes will explore how learnings from Thailand can be used in SA’s own NEV transition.   Keep your eye on NAACAM’s social media for updates from the event.  #WeAreNAACAM #TWIMS #DrivingLocalisaiton #DrivingTheNEVTransition Beth Dealtry, Nduduzo Chala (Cert.Dir.)(MBA),Fortune Tsutsa, Toyota SA

Beth Dealtry, Head: Policy & Regulatory Affairs at NAACAM, said an increase in local production of automotive components is needed to foster sustainable economic growth. She noted that SA needs to double its production volumes and get to producing 1.4-million vehicles annually by 2035 in line with SAAM. This growth in vehicle production would necessarily improve component production volumes, and thus bolster scale economies and ultimately, SA’s global price competitiveness. Reflecting on the NEV transition, Beth added that, while many local companies are producing components to support domestic OEMs, about one-third are producing components that are primarily exported to the EU and UK. Over half of the value of direct component exports are ICE-specific components. Supporting the diversification of SA’s export basket and the pivot into producing NEV components is essential to sustain long-term component exports. “Investment incentives, such as the recently announced Automotive Investment Scheme 35% cash grant for qualifying NEV component investments, will support local companies’ transitioning into producing NEV components. For those that supply local OEMs, the key enabler of the NEV transition are commitments from OEMs to produce the vehicles locally. This demand certainty will enable the components sector to make the necessary investments to support NEV platforms,” she said. Read the full article here: https://lnkd.in/dVXr9rzw #WeAreNAACAM #NAACAMProud #DrivingLocalisation Renai Moothilal, Nduduzo Chala (Cert.Dir.)(MBA), Fortune Tsutsa, Engineering News

#NAACAMAppreciates today we are hosting a NAACAM Appreciation Event at Festival of Motoring. Guests have enjoyed a relaxing day at the track and a thrilling hot lap around the Kyalami Grand Prix circuit. This afternoon also saw the launch of NAACAM’s strategic partnership with Old Mutual Limited to drive financial inclusion and transformation in the automotive industry. NAACAM is proud to have a strong membership base contributing to sector growth and economic development. We thank them for their unwavering commitment to the association and sector. #WeAreNAACAM #FOM24 Renai Moothilal Nduduzo Chala (Cert.Dir.)(MBA) Ugo Frigerio Unathi Bodlo

#NAACAMGolfDay today is the day! The annual NAACAM golf day, hosted by associate member, DG Capital Group is in full swing, with over 130 players teeing off for a fantastic event filled with networking, camaraderie, and, of course, great golf🏌️♀️⛳️ Thank you to all players and tee-box sponsors. We trust you’re all having a great day on the Green! #WeAreNAACAM Renai Moothilal, Ugo Frigerio, Lubin Ozoux, Nduduzo Chala (Cert.Dir.)(MBA), Beth Dealtry, Brenden Adriaanzen, James Rodger

#NAACAMMemberVacancies: NAACAM member Acoustex (Pty) Ltd, has a temporary vacancy for a 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗣𝗹𝗮𝗻𝘁 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝗹𝗲𝗿 at their plant in the Eastern Cape Province. The qualifying candidate's responsibilities will include: · Providing financial analysis and support to management and all operational areas of the business · Monitoring and supporting debtors and creditors function · Reviewing debtors age analysis, providing an analysis and action plans for debt collections  · Reviewing creditors age analysis and GRN system providing an analysis and action plans · Preparing and presenting budget packs (Income Statement, Balance Sheet, Cashflow Statement)  · Reviewing and authorising general ledger reconciliations · Conducting financial analysis to identify trends, variances, and opportunities for improvement. · Monthly Raw Material Margin Analysis and reporting · Quarterly stock count capturing (Syspro) & variance analysis plus reporting · APDP function: collection of forms, calculations, submissions, handling of OEM queries and external audits. (auditors/OEM/ITAC) Position requirements and Qualification requirements: · Degree in Financial Accounting/Management Accounting · Automotive and/or corporate manufacturing experience · Knowledge of ERP System compulsory, preference will be given to candidates with Syspro experience · 5 years' experience in a similar role · Strong knowledge of accounting principles, financial reporting standards, and regulatory requirements. · CIMA preferred · Articles at an auditing firm The temporary vacancy is only for the period from (01 October 2024 – 30 May 2025). Should you meet the requirements for this position, please submit your CV and supporting documentation via Acoustex's Career page on www.acoustex.co.za. 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝗱𝗮𝘁𝗲 𝗳𝗼𝗿 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: 𝟬𝟮 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 Andre Swartbooi, Lee-Ann Pillay