Friday, August 12, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Business

Big boost for electric vehicles in South Africa

by SAT Reporter
July 27, 2022
in Business, Just In
0
Big boost for electric vehicles in South Africa
0
VIEWS

 The government has launched a new project to upskill engineering students to make the shift toward new electronic vehicles amid a $1.8 million (R30 million) pledge by the UK.

The project, called ‘Yakh’iFuture’, will prepare South African engineering students to work in the automotive components manufacturing industry.

It seeks to upskill South Africa’s young engineering students to make the shift toward greener energy alternatives in one of South Africa’s largest manufacturing industries.

According to the National Association of Automobile Manufacturers of South Africa (Naamsa), over the last year, 387,125 vehicles worth R148 billion, along with R53.7 billion worth of automotive components, were exported from South Africa to 151 countries.

The international trend toward electric vehicles (EVs) is growing with Naamsa expecting that 40% of all European vehicle sales will be EVs by 2030.

“It is clear that we cannot ignore EVs if we want to continue doing business with Europe. It will have a huge impact on the country if we lose R201 billion in export earnings a year,” said Naamsa.

President Cyril Ramaphosa recently green-lit the Just Transition Framework, which, under the Presidential Climate Commission, sets out policy measures and undertakings by different social partners to minimise the social and economic impacts of the shift away from fossil fuels.

Ramaphosa said the framework advocates for a massive expansion of renewable energy, battery storage, new energy vehicles, green minerals and the hydrogen economy. The framework underpins an agreement between South Africa, the UK, US, Germany, France and the EU to grant access to an $8.5 billion investment in the shift away from fossil fuels.

The UK has further invested $1.8 million specifically in the shift of South Africa’s automotive industry to new energy vehicles (NEVs).

Rebecca Tron of the British High Commission said that as part of the recent pledge, it would sponsor the development of industry competency models for NEVs through the new program.

Yakh’iFuture interactive website falls under the High Gear programme that was started by the National Association of Automotive Component and Allied Manufacturers (NAACAM) and the Department of Higher Education and Training.

It has been introduced in a trial amongst Technical, Vocational, Education and Training (TVET) colleges and aims to generate a curriculum relevant to the global shift to non-internal combustion drive trains.

The High Gear program also assists students who want to work in the industry with career advice and guidance in giving them the best chance of being employed.

“This platform will continue to evolve as industry trends and needs change so that students can stay up to date with employer requirements. Students can also complement their studies after graduation while accessing work opportunities and networking with potential employers via Yakh’iFuture. These are capabilities that will close the loop when it comes to industry demand and skills supply,” said High Gear.

“It is important that we prioritise programmes and initiatives that enable skills development for young people and students alike to make them more employable, and the Yakhi’Future platform has been designed to do just that,” said Aruna Singh, the chief director of programmes and qualifications at the Department of Higher Education and Training.

Previous Post

Africa must cut reliance on food imports, says Nigerian billionaire

Next Post

Kenya’s central bank maintains benchmark lending rate at 7.5 pct amid rising inflation

SAT Reporter

Related Posts

More African Central Banks Are Exploring Digital Currencies
Finance

More African Central Banks Are Exploring Digital Currencies

by SAT Reporter
August 8, 2022
What is at stake for investors in Kenya’s elections?

What is at stake for investors in Kenya’s elections?

by SAT Reporter
August 8, 2022
Ivory Coast president pardons predecessor Gbagbo to boost “social cohesion”

Ivory Coast president pardons predecessor Gbagbo to boost “social cohesion”

by SAT Reporter
August 8, 2022
Anglo American’s new boss sounds warning on future copper supply
Business

Anglo American’s new boss sounds warning on future copper supply

by SAT Reporter
August 4, 2022
Kenya commences shipment of fresh avocados to Chinese market
Business

Kenya commences shipment of fresh avocados to Chinese market

by SAT Reporter
August 3, 2022
Next Post
Kenya’s central bank maintains benchmark lending rate at 7.5 pct amid rising inflation

Kenya's central bank maintains benchmark lending rate at 7.5 pct amid rising inflation

Premium Content

Africa Must Be On its Guard Against US Propaganda Campaigns

Africa Must Be On its Guard Against US Propaganda Campaigns

October 23, 2020
Climate change set to worsen resource degradation, conflict, report says

Climate change set to worsen resource degradation, conflict, report says

October 7, 2021
Mainland China reports first local COVID-19 infections in nearly two months

Mainland China reports first local COVID-19 infections in nearly two months

October 13, 2020

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • Botswana
  • BOTSWANA
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Education
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa New Africa News african footballer African investments african markets African news African start-up banking Business China Classic Climate change Content currency Explore Bali Finance football Investment Life Style Markets Market Stories Namibia news Oilandgas oil and gas Opinion Pandemic Politics Premium Russia South Africa Southern African News sports Stay Home Travel United Kingdom United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?