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ITAC backs 20% peanut butter import duty to support local manufacturers
ITAC has recommended increasing the customs duty on imported peanut butter from 0.99 cents per kilogram to 20% ad valorem, saying the move is needed to protect the domestic industry from rising imports and improve the competitiveness of local manufacturers.
ITAC recommends maintaining 10% import duty on frozen mixed vegetables
The International Trade Administration Commission of South Africa (ITAC) has recommended maintaining a 10% ad valorem import duty for frozen mixed vegetables.
South Africa proposes extending auto incentives to battery materials
South Africa plans to add to its automotive incentive programme minerals used in the manufacturing of electric vehicle batteries to boost local EV production and support related supply chains.
South Africa Plans Steel-Duty Hikes to Stem Industry ‘Emergency’
South African trade authorities proposed wide-ranging increases in tariffs on steel imports in an attempt to provide safeguards as an “unprecedented emergency” batters the nation’s industry.
The move by the International Trade Administration Commission of South Africa (Itac) came after the conclusion of its biggest steel tariff review in 20 years, which covered about R67bn worth of imports.
South Africa sets higher steel import duties to shield struggling local sector
South Africa has set higher import duties on certain steel products, ranging from 10% to 30%, to defend the struggling industry in the face of weak demand and rising imports led by China.
ITAC backs 20% peanut butter import duty to support local manufacturers
ITAC has recommended increasing the customs duty on imported peanut butter from 0.99 cents per kilogram to 20% ad valorem, saying the move is needed to protect the domestic industry from rising imports and improve the competitiveness of local manufacturers.
ITAC recommends maintaining 10% import duty on frozen mixed vegetables
The International Trade Administration Commission of South Africa (ITAC) has recommended maintaining a 10% ad valorem import duty for frozen mixed vegetables.
South Africa proposes extending auto incentives to battery materials
South Africa plans to add to its automotive incentive programme minerals used in the manufacturing of electric vehicle batteries to boost local EV production and support related supply chains.
South Africa Plans Steel-Duty Hikes to Stem Industry ‘Emergency’
South African trade authorities proposed wide-ranging increases in tariffs on steel imports in an attempt to provide safeguards as an “unprecedented emergency” batters the nation’s industry.
The move by the International Trade Administration Commission of South Africa (Itac) came after the conclusion of its biggest steel tariff review in 20 years, which covered about R67bn worth of imports.
