SA tyre prices could rise by between 17% and 41%

Tyre prices in South Africa could in the next year rise by between 17% and 41%. This is due to an application by the South African Tyre Manufacturers Conference (SATMC) for a dumping margin to be implemented on tyre imports from China. Charl de Villiers the chairperson of the Tyre Importers Association of South Africa (Tiasa) was on the OFM Business Hour to unpack the application and it's impact on South Africans should it be greenlit by the International Trade Administration Commission (ITAC).