A South African company that builds automated assembly lines and develops production software for
Jendamark Automation informed its board that the contracts that were expected to be signed within the next two to three months will no longer be happening, the website reported, citing Managing Director Siegfried Lokotsch.
“About 15% of our business is local and 50% is exported to America,” Lokotsch told News24. “We are now 30% more expensive, this crushes ...