eThekwini, Toyota commit to safeguard Durban investment

[rpm]

eThekwini, Toyota commit to safeguard Durban investment

The eThekwini Municipality and Toyota South Africa have committed to safeguard the motor company’s investment and other businesses in Durban and to continue to create a conducive environment for the car manufacturer and other investors to thrive.

 

[CommonSense]

Toyota are fools if they believe anything a politician tells them.

 

[ToxicBunny]

Toyota are fools if they believe anything a politician tells them.

They don't... they've laid down much of the law to the politicians and civil servants in those discussions more than likely.
What you're seeing is political and corporate spin pretty much.

 

[maxxis]

Good move from Toyota to negotiate some tax breaks.

Threaten to leave and take billions and multitude of jobs from SA.
SA government puts on the lip-ice and sucks a whole bag of corporate dicks to save face.

 

[Gazg]

Much ass kissing went on there methinks......

 

[Rocket-Boy]

They don't... they've laid down much of the law to the politicians and civil servants in those discussions more than likely.
What you're seeing is political and corporate spin pretty much.

Yup, this is the most likely scenario. A company like Toyota doesnt joke around and their Prospecton facility employs a lot of locals.
They would have read the riot act to the politicians seeing as how they hold all of the bargaining power.

 

[Polymathic]

Good move from Toyota to negotiate some tax breaks.

Threaten to leave and take billions and multitude of jobs from SA.
SA government puts on the lip-ice and sucks a whole bag of corporate dicks to save face.

Looks like Toyota got the Metro to fast track plans for a "Supplier Park" (whatever that is)

Toyota resumes production at Durban plant, as talks over new supplier park are fast-tracked | Business

Toyota says it has had "positive engagement with national government in particular".

www.news24.com

 

[cda]

Sounds familiar. Didnt the mob used to do stuff like this? Pay us for protection or we will burn your business down