
2025 Nissan Magnite scores upgraded safety rating
'This significant milestone further cements the Magnite as a safety and engineering leader within the sub-R400k compact-SUV space. Our engineers achieved an incredible feat, raising the Magnite from a two-star to five-star safety rating in a remarkably short timeframe,' said Maciej Klenkiewicz, the managing director of Nissan South Africa and independent markets.
Richard Woods, the CEO of GNCAP, added: 'It's very welcome to see Nissan's focus on improving the Magnite's safety performance. The five-star rating is relevant to consumers in South Africa and India, and it demonstrates what can be achieved in a relatively short period of time when a manufacturer is fully committed to engage in the NCAP process.'
The most affordable compact SUV in South Africa, the Magnite is equipped with such safety items as six airbags, ABS, electronic brake-force distribution, electronic stability control, traction control and hill start assist, among others.
As a reminder, locally, the Magnite is available with the choice of two 1l, three-cylinder engines – one naturally aspirated and the other, turbocharged. The former and latter units produce 53kW/96Nm and 74kW/152Nm, respectively, and have respective claimed average fuel consumption figures of 5.9l/100km and 6.0l/100km.
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The post 2025 Nissan Magnite Scores Upgraded Safety Rating appeared first on CAR Magazine.
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The Citizen
7 minutes ago
- The Citizen
SA's efforts to repair US ties undermined internally, says Lamola amid tariff fallout
The US is South Africa's third-largest trading partner, accounting for 7.5% of total exports. International Relations and Cooperation Minister Ronald Lamola has assured the public that support programmes will help offset the 30% tariff by the United States (US) on South African exports. Lamola, along with Trade, Industry and Competition Minister Parks Tau, spoke at a media briefing on Monday about how government plans to respond. The 30% tariff was first announced by US President Donald Trump in April. Although there was a three-month delay to allow for trade talks, South Africa has not managed to secure a new deal with the US. South Africa responds to US tariffs On Monday, Lamola expressed disappointment at the US decision to go ahead with the tariff, which is a tax charged on goods bought from other countries. The minister explained that discussions with the US over the past year focused on resolving key trade issues, but despite those efforts, the North American powerhouse went ahead with the 30% tariff. 'South Africa has been engaging the US at various levels with a view to ensure predictability in trade,' he said. Lamola appeared to criticise some groups within South Africa who may have hurt the country's relationship with the US. 'It is unfortunate that this government's efforts in resetting the relationship with the US have been undermined by some actors within South African society.' ALSO READ: Ramokgopa dismisses claims US tariffs target BEE policy but admits it needs 'tweaking' Representatives from the Democratic Alliance (DA), AfriForum, the Solidarity Movement, and Freedom Front Plus (FF Plus) travelled to the US this year to voice concerns over South African policies such as broad-based black economic empowerment (B-BBEE) and the Expropriation Act. This coincided with Trump's executive order granting refugee status to Afrikaners, citing claims of persecution, while also cutting US financial aid to South Africa in response to the International Court of Justice (ICJ) case brought by President Cyril Ramaphosa's administration against Israel. As a result, the South Africa government has repeatedly accused the groups of sowing division in the country. Some exports will remain exempt The tariffs will take effect at midnight on Friday, 8 August. However, goods that are already in transit before that time and arrive before 5 October will still be subject to the current 10% tariff instead of the higher 30%, according to Lamola. Lamola highlighted that the US is South Africa's third-largest trading partner, accounting for 7.5% of total exports. He said the government remains committed to pursuing a fair and balanced trade deal. 'Thus, we will continue to engage the US with a view to conclude a deal that advances the interests of both countries… rather than extractive relations that deprive the country of the ability to beneficiate our mineral wealth by mimicking extractive colonial era trade relations.' READ MORE: US tariff of 30%: Rand weakest in 3 months, thousands of jobs in danger The minister also stressed that South Africa posed no trade threat to the US economy or its national security. 'South African exports do not compete with US producers and do not pose a threat to US industry. On the contrary, our exports are crucial inputs that support America's own industrial base. 'Our agriculture exports are even counter-seasonal, meaning they fill gaps in the US market, not replace domestic products.' Watch the briefing below: Economists estimate that the new tariffs could reduce South Africa's economic growth by 0.2%. However, Lamola pointed out that 35% of South African exports will remain exempt. These include products like copper, pharmaceuticals, semiconductors, critical minerals, stainless steel scrap and energy-related products. He also mentioned that South African companies have already adapted to steel and aluminium tariffs that were introduced under Section 232 of the US Trade Expansion Act back in 2018. 'However, the heightened policy uncertainty creates instability in trade and may have an impact on exports.' US tariffs support measures To respond to the impact of the tariffs, the government will roll out several key support measures. This includes an export support desk that will act as a single point of contact for companies affected by the US tariff hike. The desk will provide ongoing updates, assist with exploring new international markets, and connect exporters with South African embassies and high commissions abroad. An economic relief package is also being prepared to help companies cope with short-term financial pressures and develop longer-term plans to protect jobs and production. 'The details of these are being finalised and will be communicated shortly,' Lamola continued. In addition, an export and competitiveness support programme will be launched to provide working capital and funding for plant and equipment upgrades to address short to medium term needs across all industries. READ MORE: South African farmers on the frontline of US tariff hikes The government is also working closely with the Department of Labour to prevent job losses. Existing tools, such as the Unemployment Insurance Fund (UIF), will be adjusted to better respond to the challenges created by the tariff hike. Lamola announced that a legal exemption, known as a block exemption, will be introduced under the Competition Act. This will allow companies to legally coordinate their efforts, such as sharing export infrastructure and market information, which would normally be restricted under competition laws. 'The block exemption details the scope of application. A draft block exemption will be published by the end of the week so that the process can be concluded expeditiously.' We are proactively and collaboratively diversifying our trade portfolio. Through the coordinated action of the @PresidencyZA, @DIRCO_ZA , and @the_dtic , we're making significant inroads into new, high-growth markets across the world #SAinAction #EconomicResilience… — Minister: International Relations and Cooperation (@RonaldLamola) August 4, 2025 In the long term, Lamola said South Africa is strengthening relationships with trade partners across multiple continents. He added that, although the new tariff presents challenges, it also opens the door to expand trade through the African Continental Free Trade Area (AfCFTA) and to explore new markets such as the Association of Southeast Asian Nations (ASEAN) and Türkiye. NOW READ: Tau launches urgent support measures for exporters affected by US tariffs

IOL News
37 minutes ago
- IOL News
Mpact maintains interim dividend despite lower profits and challenging market conditions
Daily operations at an Mpact recycling plant include the sorting, shredding and packing of material. Some plastics can also be recycled. Paper and plastics packaging group and recycler Mpact's headline earnings fell in the six months to June 30, but it has predicted a much strong second half even though the South African economy was unlikely to improve materially. Image: Supplied South Africa's biggest paper and plastics packaging business and recycler Mpact maintained its interim dividend at 30 cents a share despite lower profit as it is confident of an improved performance in the second half. This was according to financial director Hannes Snyman, who, along with CEO Bruce Strong, was interviewed at the release of the results for the six months to June 30. Underlying earnings before interest, depreciation and amortisation fell by 14.5% to R625 million and operating profit lower by 25.5% to R315m. Headline earnings per share decreased to 93 cents from 128.1 cents. Strong said the lower earnings were primarily the result of persistent and lagging demand in South Africa due to the weak macroeconomic environment, traditionally lower sales in the first half in the plastics business, and product optimisation in the PET conversion and closure plant, which had led to additional costs. He said they continued to face a persistently challenging trading environment. The general economy remained subdued, despite lower interest rates and inflation, while uncertainty across local and global markets negatively impacted business confidence. And while they did not expect to be seriously impacted by higher US import tariffs, there might be secondary impacts further into the future, such as, for example, as it pertains to other South African manufactured exports, said Strong. During the six-month period, good volume growth was realised in containerboard and fruit packaging - these were two sectors in particular, that the group had focused on in its strategy of growing and investing in innovative, higher-margin, and sustainable products. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ But these gains, however, were offset by declines in industrial sales volumes due to portfolio optimisation and depressed consumer demand. Progress on capital projects continued. At the R1.3 billion upgrade at the Mkhondo mill, commissioning of the sodium lignosulphonate (SLS) plant was completed, and the pulp mill upgrade was in its final stage of construction. The pulp mill would be commissioned in the third quarter of this year, said Strong. Thereafter, several months would be required to optimise both plants to reach design specifications and conduct SLS customer trials. In the first half, the paper business was impacted by the global cyclical downturn in the paper industry, which led to lower margins, as selling prices decreased more than input costs, particularly due to higher local recovered paper prices. Local and export containerboard volumes grew due to the competitive position of the Felixton paper mill. Fruit sector demand was up, with good growth in plastic crates and citrus cartons partially offset by lower sales volumes in banana and avocado cartons. 'We anticipate continued growth in the agricultural sector in the second half,' said Strong. The industrial market remained weak, impacting the Springs mill, the Paper Converting business, and beverage crates. The FMCG Wadeville's volume fell significantly following expiry of two supply contracts with a major customer. Paper business increased 6.9% to R5.4bn, due to a 5.9% increase in sales volumes and a 1% increase in average selling price. Gross profit was in line with the prior period. The Recycling business increased collection volumes. Recovered paper prices were up significantly due to continued export demand, especially from India. Paper Manufacturing increased containerboard sales volumes by 20.3% following interventions at the end of 2024 to increase exports and displace imports. Cartonboard sales volumes from the Springs paper mill fell by 9.5% due to subdued local market conditions and import competition. The Springs mill took 15 days of commercial downtime in the current period to manage stock levels. In addition, the mill incurred 18 days of downtime due to external utility supply interruptions. Revenue in the Plastics business decreased by 14.7% to R936m. The group expected an improved full-year result from the Plastics business compared to the prior year. Visit:

TimesLIVE
37 minutes ago
- TimesLIVE
Ramaphosa urges SA to adapt quickly to US 30% tariff
President Cyril Ramaphosa says the US decision to impose a 30% tariff on South African imports highlights an urgency for the country to adapt to the increasingly turbulent headwinds in international trade. South Africa is one of the countries affected as US President Donald Trump's administration steps up efforts to address trade imbalances and promote US economic sovereignty. The new tariff on SA is set to come into effect within seven days after August 1. In his weekly letter, Ramaphosa acknowledged the effect this would have on industries that rely on the US but noted South Africa is not the only country affected, citing several other countries grappling with these measures. 'The US is South Africa's second largest trading partner by country and these measures will have a considerable effect on industries that rely heavily on exports to that country and on the workers they employ, as well as on our fiscus,' he said. 'Domestic sectors such as agriculture, automotive and textiles have historically benefited from duty-free access to the US market under the African Growth and Opportunity Act.' Ramaphosa said South Africa's trade relations historically complemented the US in nature. 'South African exports do not compete with US producers and do not pose a threat to US industry. It remains our aspiration that this should continue. Largely, our exports are inputs into US industries and therefore support the US' industrial base. South Africa is also the biggest investor from the African continent into the US, with 22 of our companies investing in a number of sectors including mining, chemicals, pharmaceuticals and the food chain.' He said the government has been engaging the US to improve trade and investment relations that would benefit both countries. 'Our priority is protecting our export industries. We will continue to engage the US in an attempt to preserve market access for our products. We must also accelerate the diversification of our export markets, particularly by deepening intra-African trade.' The government has established an export support desk to assist affected producers. Ramaphosa said the government would soon announce the modalities of support packages for those affected which would also help guide industries looking to expand into markets in Africa, Asia, the Middle East and others. 'Strengthening regional value chains will be key to building resilience for our export markets in the longer-term. Much as strengthening and establishing alternative value chains will take time, this moment presents us with an opportunity to push forward with the implementation and expansion of the African Continental Free Trade Area. 'Reducing over-dependence on certain markets is a strategic imperative to build the resilience of our economy. It will also enable us to expand the frontiers of opportunity for South African businesses, goods and services. In the coming months we will scale up our trade missions into new markets in Africa and beyond, as well as the national exporter development programme whose aim is to grow the pool of export-ready companies.'