https://intergest.co.za/newsletters-afcfta-the-worlds-largest-free-trade-area-and-its-benefits/ InterGest - The art of being local worldwide Tue, 16 Apr 2024 09:13:52 +0000 hourly 1 https://intergest.co.za/newsletters-afcfta-the-worlds-largest-free-trade-area-and-its-benefits/#comment-124 Fri, 11 Mar 2022 05:45:28 +0000 https://intergest.co.za/?p=17963#comment-124 […] In order to export to African markets and take advantage of the great opportunities, one should first research the target market and find out who the competitors are, which products are already on the market, what the price level is.Likewise, you should find out about customs structures, freight rates, currency fluctuations and local laws. An example of this is the BEE laws in South Africa, which require that a certain percentage of employees, directors and shareholders be black South Africans.Through the new African Continental Free Trade Area (AfCFTA), tariffs between African countries are to be abolished bit by bit at a rate of about 90% by 2026. It is therefore worthwhile for potential exporters to follow this development. More information about AfCFTA: African Continental Free Trade Area […]

]]> https://intergest.co.za/newsletters-afcfta-the-worlds-largest-free-trade-area-and-its-benefits/#comment-120 Wed, 02 Feb 2022 07:36:40 +0000 https://intergest.co.za/?p=17963#comment-120 […] the first of January 2021, the African Continental Free Trade Area (AfCFTA) took effect. One year later, many aspects of the trade pact have been successfully implemented. Negotiations in […]

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