The Volkswagen plant in Gqeberha, South Africa, will close or pause operation through 2027 | Manifold

The Volkswagen plant in Gqeberha, South Africa, will close or pause operation through 2027

2

Ṁ70Ṁ22

2028

62%

chance

1H

6H

1D

1W

1M

ALL

A few articles talk about the problems facing this plant: https://www.spiegel.de/international/world/gangs-corruption-and-collapse-the-slow-and-steady-demise-of-south-africa-a-7ed1fcd1-a2e8-446a-9ff9-074718215281

Will it close permanently, or pause for at least 3 months, announced before the end of 2027?

Google earth link: https://www.google.com/maps/search/volkswagen/@-33.782942,25.404204,2868m/data=!3m1!1e3?entry=ttu

Gangs, Corruption and Collapse: The Slow and Steady Demise of South Africa

The end of Apartheid in South Africa brought a surge of hope for a brighter future. But the ANC, the party that liberated the Black majority from oppression, has transformed the country into a swamp of corruption, mismanagement and despair. Some are trying to turn things around.

Market context

South Africa State Failure

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