Tag: cross-border trade

South African businesses involved in cross-border trading need to be aware of potential export taxes on the horizon. Export restrictions are on the rise, with export taxes becoming more prevalent. It’s important to note that the South African Customs Act has, for the first time, been amended to deal with export taxes.

Many people re-discovered their enthusiasm for local production during the disruptive, bewildering early days of the pandemic. The result is 'localisation', an emerging global trend that could revitalise local factories. If we respond quickly and wisely, there are three obvious benefits: economic resilience, more balanced trade, and greater fixed investment.