Episode
BizNews Edge: Chery's new Rosslyn plant and the R40bn car subsidy bill
- Podcast
- BizNews Radio
- Published
- Jul 6, 2026
- Duration seconds
- 1700
- Processing state
not_requested- Canonical source
- https://iono.fm/e/1692737
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Summary
Chery just took over Nissan's old Eastern Cape plant, plugging straight into a subsidy scheme that costs South Africans over R40 billion a year, split between just seven manufacturers. Trade expert Donald MacKay tells Alec Hogg why this isn't a normal acquisition, and how the deal appears to sidestep a contribution other big players like Vodacom and Coca-Cola had to make. With a parliamentary review looming in September, is this subsidy model built to last?