Toyota South Africa Motors decided in 2016 to provide R43m initial funding for the development of strategic skills and suppliers in the Automotive Sector in South Africa, through a lens of access, transformation and technology. As initial projects, the fund has identified multiple access initiatives aimed at addressing critical gaps in skills, transformation and the pending 4th Industrial Revolution. In addition, applications for funding are open to all black- owned manufacturing and services businesses related to the Automotive Sector.
Suben Moodley Senior Vice President: Corporate Services; Trustee of the Toyota Empowerment Trust.