Overview of import regulations The customs and excise regulations to be observed when importing into the South African customs territory are regulated in the Customs and Excise Act 91 of 1964. The Value-Added Tax Act No 89 of 1991 governs the collection of VAT. Customs regulations in South Africa state that companies wishing to import […]
Partner countries will provide USD 8.5 billion over the next years to support South Africa’s plans to become a low-carbon economy.
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What is Artificial Intelligence? The concept of Artificial Intelligence (AI) was devised in 1959 and has emerged as a growing trend in recent years, as various advances have been made in data volumes as well as power and storage improvements for computers. Artificial Intelligence is widely known from Hollywood movies and science fiction novels, which […]
The B2B market in South Africa is one of the most interesting in the world. In this article you will find out why this is the case and how to benefit from it. What is meant by B2B? The term B2B is used for Business-to-Business transactions. A company in the B2B business is a company […]
Manufacturing companies have different types of expenses that they need to manage in order to run operations. Production costs are considered one of the largest expenses that manufacturing businesses face. Ensuring that you are not compromising the quality of your products on your cost-cutting mission whilst also finding sustainable ways to reduce your production costs […]
B2B industry trends in 2021 – The B2B industrial landscape is constantly changing. Companies should always keep an eye on industry trends. This is especially true in 2021, since the Covid pandemic accelerated the process of several trends. What are the top B2B industry trends in 2021? Industry 4.0 has revolutionised the manufacturing business and is […]
Africa’s economic situation is changing rapidly. Therefore, it is worthwhile to look at the continent as an export market of the future.
E-Commerce in Africa The African E-Commerce market has grown rapidly in recent years. This trend is predicted to continue. Several factors contribute to this impressive growth. The African continent has the youngest and second largest population in the world. This offers good potential for growth in the digital sector as well. Smartphones and other mobile […]
South African President Cyril Ramaphosa announced on Thursday, 10 June 2021, that South Africa’s private electricity production threshold increased from 1 MW to 100 MW to combat the country’s electricity shortage. The increase would be facilitated by an amendment to Schedule 2 of the Electricity Regulation Act “within the next 60 days or sooner”. […]
