Increased security measures for trading internationally

Apr 8, 2015

Globally, the increased concern around public safety has resulted in the intensification of security measures for transportation of goods internationally. Businesses which trade internationally need to be aware of the security measures in place to mitigate the risk to their operations and their people. This is according to Oliver Facey, vice-president of Operations for DHL Express sub-Saharan Africa (SSA).

250% fuel increase presents challenges

Nov 28, 2013

South African companies that import goods from other regions have come under increasing pressure over the last 10 years, as a result of continuous, steep increases in the petrol price. Since January 2004, the price of fuel in South Africa has increased by a massive...

Due diligence, research key for importing

Oct 3, 2013

East Asia has surpassed Europe as South Africa’s major trading partner in volume, yet both destinations still hold important trade ties with the country. With cultural, political, economic and regulatory differences between the two regions, it has become increasingly...

China hits imports with 6% tax charge

Sep 25, 2013

A new decision by China to place a 6% VAT charge on freight and related costs is going to have an impact on the importing price from China. This is according to Asgar Mahomed, MD of Esquire Technologies, who says the new Chinese policy means all freight charges paid...

Rising imports puts supply chain at risk

Jun 21, 2013

As the demand by South African companies for foreign-produced goods continues to increase, developing a comprehensive importing strategy is critical for local businesses to mitigate the risk against supply chain disruptions. Trade data released by the SA Revenue...