One of the key challenges when choosing a logistics partner is to know which company will perform best in times of crisis, something that can only really be tested when the pressure is on. Because logistics is so susceptible to outside influences such as adverse weather conditions, advanced planning between both parties is essential. Questions […]
INDUSTRIAL DEVELOPMENT ZONE (IDZ) South Africa’s broad economic policy includes schemes designed to encourage and promote international competitiveness in the country’s manufacturing sector. This is set out in government’s Economic Programme of Action, where Industrial Development Zones (IDZs) are created in order to encourage increased levels of foreign direct investment in the economy. This will […]
SADC Rules of Origin: These are the cornerstone of the SADC intra regional trade and serve to prevent non-SADC goods from benefiting from the preferential tariff treatment offered under the trade regime. It is therefore important for traders to fully understand the provisions of the rules if they are to benefit from trading under SADC. Customs […]
Grow your business successfully with these useful tips as you work through each stage of your business. Business-growth-stage-development An entrepreneur’s journey is one full of varying experiences both happy and sad ones. However the greatest experience that each entrepreneur yearns to go through is to see their business move from being a small start-up […]
Chemicals that are controlled by international conventions are the responsibility of various government departments. This has resulted in the formation of the National and Multi-Stakeholder Committee on Chemicals Management. Request for Information on Chemicals Produced, Used, Imported and Exported by South Africa The Department of Environmental Affairs requests information on chemicals produced, used, imported or […]
In instances where a product is not produced or insuciently produced
domestically or not produced in the required specifications as an
industrial or agricultural input for certain critical applications, a customs
duty waiver can be provided, allowing for exemption of duty on products
for which detailed separate tari lines are impracticable for tari
South African Reserve Bank governor, Lesetja Kganyago, says that while a decision by Britain to exit the European Union will impact economic growth locally, it will not lead to a recession. Speaking to Bloomberg TV in Portugal, Kganyago said: “We would not venture into a recession at this stage, but there is no doubt that […]
President Robert Mugabe’s introduction of strict import controls led to a blockade and protests at the Beitbridge border post on Friday and travellers are still being advised to exercise caution if planning a visit to the area for work or leisure. Planned protests are expected on Wednesday, 6th July 2016. Goods in transit to countries […]
The Manifest Processing System (MPR) is SARS’s automated solution for the receipt and processing of prescribed reports in respect of international cargo to be imported into, or to be exported from, the Republic.
Many importers and exporters struggle to differentiate between prohibited & restricted goods. It’s crucially important that you understand what these categories mean and represent, if you are into import & export. If in double please contact SARS or MM Cargo Services or your clearing agent. The main difference between prohibitions and restrictions is that – […]
South African exporters selling goods to other Southern African countries may be eligible to receive SADC (Southern Africa Development Community) certificates. These certificates state that the exported goods were either wholly or partly manufactured in South Africa. A SADC certificate gives an exporter a great competitive advantage as there is little or no import duty […]
What is Dangerous Goods Dangerous goods (also referred to as Hazardous Cargo) means the substances, materials and articles that are covered by the IMDG Code and is cargo that is considered to be hazardous because of its flammable, corrosive, poisonous nature or other properties.. IMDG Code (International Maritime Dangerous Goods) is a code adopted by […]
We have invested in product sourcing and we carefully compare sources before we choose which one is suitable for your product needs. We have already spent that time for you on this, so you don’t have to.
The exchange rate of one currency versus the other is influenced by numerous fundamental and technical factors, which includes relative supply and demand of the two currencies, economic performance etc. A currency depreciation has both price and volume effects on the trade balance (Export and Imports) Although the effects can take time, changes in the […]
What normally takes days to figure out only takes us minutes to conclude. We have the advantage and we use that perfectly well.