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You are here: Home / Archives for Wesbank

Wesbank

4 March 2026

The Four Questions Every Car Buyer Should Ask

Location: Business

Buying a new car is exhilarating. The smell of the interior, the way the keys feel in your hand, the mental image of pulling into the driveway for the first time. It is a milestone, and it should feel that way. If you’re buying a new car, you’ve worked hard and the excitement is earned. …

Read moreThe Four Questions Every Car Buyer Should Ask
3 March 2026

February Sales Jump 11 Percent

Location: Business

South Africa’s new vehicle market delivered its strongest February performance in recent years, reflecting firmer domestic demand and reinforcing the view that the sector has moved beyond recovery into a phase of consolidation supported by improving local economic conditions. According to naamsa | the Automotive Business Council, aggregate domestic new vehicle sales reached 53,455 units …

Read moreFebruary Sales Jump 11 Percent
22 February 2026

Wesbank Sewer Crisis Has Escalated Into a Public Health and Economic Emergency

Location: News

The ongoing sewer blockages at the corner of Monticello and Flower Street in Wesbank have moved beyond routine service failure. They now constitute a serious public health and economic emergency affecting some of the most vulnerable residents in the community.

The post WESBANK SEWER CRISIS HAS ESCALATED INTO A PUBLIC HEALTH AND ECONOMIC EMERGENCY appeared first on For Good.

Read moreWesbank Sewer Crisis Has Escalated Into a Public Health and Economic Emergency
19 February 2026

Strategic Joint Venture to Enhance Vehicle Accessibility

Location: Business

South Africa — JMC South Africa, under the importer and distributor Salvador Caetano South Africa, today announced the formalisation of a strategic joint venture with WesBank aimed at expanding access to vehicle ownership solutions for South African consumers and businesses. Signed at an official ceremony, the partnership will operate under the banner of JMC Financial …

Read moreStrategic Joint Venture to Enhance Vehicle Accessibility
16 February 2026

A Smarter Way to Assess Car Affordability

Location: Business

There is a defining moment in the car-buying journey when emotion takes the lead: sitting in the driver’s seat, imagining future road trips, daily commutes and the freedom that comes with owning a new vehicle. While this emotional connection is an important part of the decision, it can also overshadow the financial realities that extend …

Read moreA Smarter Way to Assess Car Affordability
16 February 2026

Wesbank Sewer Crisis Worsens

Location: News

The sewer crisis in Wesbank remains unresolved and has significantly deteriorated, despite sustained efforts by GOOD to raise and address these issues since 2019.

The post WESBANK SEWER CRISIS WORSENS AS RESIDENTS FORCED INTO DANGEROUS DIY MEASURES appeared first on For Good.

Read moreWesbank Sewer Crisis Worsens
2 February 2026

Vehicle Market Enters 2026 on Firmer Footing

Location: Business

South Africa’s new vehicle market has carried its positive 2025 performance into the new year, with January sales confirming that the industry’s upward trajectory remains on track. The market recorded 50,073 sales for the month, up 7.5% on January 2025 according to naamsa | the Automotive Business Council. This represents a more moderate growth rate …

Read moreVehicle Market Enters 2026 on Firmer Footing
13 January 2026

What South Africans Should Know About Buying a Used Car in 2026

Location: Business

January is a month of new beginnings. New jobs, promotions, university acceptances, and relocations often come with longer commutes. For many South Africans, these transitions share a common need: reliable transport. The used car market is where these stories often start, and 2026 is shaping up to be an interesting year for buyers navigating this …

Read moreWhat South Africans Should Know About Buying a Used Car in 2026
10 December 2025

How to Travel Smarter and Stay on Budget This Festive Season

Location: Business

Johannesburg: As millions of South Africans prepare to travel for the festive season, motorists are being encouraged to plan, prioritise safety and make thoughtful financial decisions before hitting the road. “The festive period remains one of the busiest and most high-risk travel times on the South African calendar, making proper planning more important than ever. …

Read moreHow to Travel Smarter and Stay on Budget This Festive Season
1 December 2025

Vehicle Market in Festive Form

Location: Business

South Africa’s new vehicle market continued its tradition of entering the festive season strongly with another firm performance in November. According to naamsa | the Automotive Business Council, sales for the month increased by 12,5% compared to November 2024, surging to 54,896. The result caps a year of steady recovery, with year-to-date sales now 15.4% …

Read moreVehicle Market in Festive Form
25 November 2025

Avoid Vehicle Auction Scams This Festive Season

Location: Business

With the festive season approaching, many South Africans are using bonuses and 13th cheques to shop for vehicles. Online and in-person auctions offering repossessed or pre-owned cars at competitive prices are especially appealing during this time. However, increased buyer activity also attracts fraudsters. In late 2024, almost 70% of South Africans were targeted by fraud, …

Read moreAvoid Vehicle Auction Scams This Festive Season
10 November 2025

The true cost of mobility

Location: Business

Everyday millions of South Africans make their way to work by car, taxi, train, e-hailing or on foot. Most of us track what we spend getting there in rand terms, but how often do we consider the cost in time? Time is one of the most valuable resources we have and unlike money, we cannot …

Read moreThe true cost of mobility
3 November 2025

New Vehicle Market Soars

Location: Business

South Africa’s automotive industry is powering ahead, continuing its push toward breaking the 500,000-unit annual sales barrier. According to naamsa | the Automotive Business Council, total new vehicle sales reached 55,956 units in October, the highest monthly total since March 2015 and 16% higher compared to the same month last year. “The combination of easing …

Read moreNew Vehicle Market Soars
31 October 2025

Wesbank and Geely Partnership Helps Relaunch the Brand in South Africa

Location: Business

WesBank, a leader in the vehicle and asset finance space, is joining forces with Geely Auto South Africa (GASA) to help make the dream of owning a car accessible to more South Africans. This key partnership will combine WesBank’s financial expertise with Geely’s, as the brand looks to create a foothold in the South African …

Read moreWesbank and Geely Partnership Helps Relaunch the Brand in South Africa
28 October 2025

Red Carpet for Visitors, Body Bags for Communities

Location: News

Families on the Cape Flats deserve the same security, dignity, and protection afforded to tourists and those in the City’s wealthier neighbourhoods.

The post CAPE TOWN’S UNEQUAL SAFETY CRISIS: RED CARPET FOR VISITORS, BODY BAGS FOR COMMUNITIES appeared first on For Good.

Read moreRed Carpet for Visitors, Body Bags for Communities
28 October 2025

South Africa’s Fastest Lane to NEV Adoption

Location: Business

Sustainability is no longer a distant ideal. It is an immediate economic and societal imperative. Globally, trillions of dollars are being invested in sustainable solutions, yet Africa’s share remains disproportionately small. This financial gap presents a challenge, but also a unique opportunity for context-appropriate innovation, and for South Africa, that opportunity is clearest on two …

Read moreSouth Africa’s Fastest Lane to NEV Adoption
15 October 2025

THIS Is Non-negotiable for Financed Vehicles

Location: Business

The commemoration of Transport Month in October highlights the vital role of access to reliable transport in individuals’ prosperity and the economic development of South Africa. Despite these reminders, the persistently high number of uninsured vehicles, ranging between 65% and 70% of all vehicles in the country, shows a lack of appreciation for the importance …

Read moreTHIS Is Non-negotiable for Financed Vehicles
2 October 2025

High Demand Driving New Vehicle Sales

Location: Business

Speaking at naamsa’s 2025 SA Auto Week conference in Gqeberha today, newly appointed WesBank CEO Robert Gwerengwe underscored the critical need for industry collaboration to propel the local automotive sector past the persistent 500,000-unit annual sales ceiling. “Collaboration is key to advancing the industry beyond its current levels, and naamsa deserves immense credit for its …

Read moreHigh Demand Driving New Vehicle Sales
25 September 2025

Groundbreaking Cross-Country NEV Road Trip

Location: Business

WesBank and naamsa | The Automotive Business Council are, this week, putting New Energy Vehicles (NEVs) to the ultimate real-world test with an epic cross-country road trip. With a mission to prove that electric mobility is not only possible but practical for South African drivers, an NEV fleet of about 20 vehicles is embarking on …

Read moreGroundbreaking Cross-Country NEV Road Trip
17 September 2025

South Africans Navigating Affordability Challenges

Location: Business

New WesBank data reveals a significant increase in the use of the balloon payment option for vehicle finance, a trend that underscores the affordability pressures facing South African car buyers. The percentage of new finance deals including a balloon payment rose from 27% in July 2025 to 35% in August 2025. The average size of …

Read moreSouth Africans Navigating Affordability Challenges
1 September 2025

Two Months of 50,000-Plus Volumes

Location: Business

New vehicle sales surpassed the 50,000-unit volume for the second consecutive month during August, making the significant volume more than a mere spike as has been the case in recent times. Volumes of more than 50,000 have previously been single month spikes, making August sales a strong indicator of substantial stability returning to the market. …

Read moreTwo Months of 50,000-Plus Volumes
29 August 2025

Key Trends Unpacked at the 2025 Festival of Motoring

Location: Business

Despite global shifts toward alternative mobility, South African millennials are driving the local car market, with young people under 35 accounting for 45% of WesBank’s customer base. This insight was shared by Declan Jones, Head of Vehicle Ecosystem Development at WesBank, at the 2025 Festival of Motoring held at Kyalami Grand Prix Circuit. Jones highlighted …

Read moreKey Trends Unpacked at the 2025 Festival of Motoring
27 August 2025

A Festival for Everyone

Location: Business

Africa’s premier automotive showcase, the Festival of Motoring powered by WesBank, is revving up to welcome thousands of visitors when it opens to the public from 29 – 31 August 2025 at the iconic Kyalami Grand Prix Circuit. The event officially kicks off with Media Day on Thursday, 28 August, giving journalists and industry stakeholders …

Read moreA Festival for Everyone
21 August 2025

Can SA Leapfrog Early EV Adopters?

Location: Business

South Africa stands at a fascinating crossroads. Often perceived to be lagging behind the developed world, the nation has a unique opportunity to not only catch up, but to leapfrog established markets like Europe and the USA in the long-term adoption of New Energy Vehicles (NEVs). This won’t be driven solely by the introduction of …

Read moreCan SA Leapfrog Early EV Adopters?
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