WORKING LOSSES WITHIN THE ALCOHOLIC BEVERAGES INDUSTRY

The South African alcohol manufacturing environment underwent substantial changes over the past decade with the current market being consolidated with major multinationals and larger local manufacturers of alcoholic beverages competing for the South African and global markets.


IMPROVEMENTS TO TRANSNET’S OPERATIONAL PERFORMANCE

On 28 May 2025 Advocate Michelle Phillips, the Group Chief Executive Officer of Transnet, being the South African state-owned logistics company responsible for rail, port and pipeline infrastructure, gave a presentation on the status of Transnet.


THE IMPACT OF TECHNOLOGICAL ADVANCES ON TARIFF CLASSIFICATIONS

We live in a fast-evolving society, where technological advancements have been exponential. Such advancements result in significantly transformed or developed products which are vastly different to earlier versions. These advancements are not always catered for by the Harmonised System Nomenclature ("HS") and its corresponding Explanatory Notes ("EN"), which often need to be amended to provide for new or advanced products.


COMPLIANCE: A REMINDER FOR IMPORTERS

Those operating within the South African customs and/or excise sphere will know that the Customs and Excise Act 91 of 1964 (“the Act”) requires importers and their agents to self-regulate.


What to do with a tax liability

In the current climate with taxpayers having to juggle, amongst other things, the devastating effects of Covid, with the unforeseen losses of the civil unrest, it may be that some could find themselves in a difficult position to deal with expected and unexpected tax liabilities.


Richards Bay Floating Dock and Ship Repair

Africa Ports & Ships Newsletter has today reported that the project to establish a ship repair facility including a floating dock at Richards Bay remains on track.


BEWARE OF CYBERCRIME. WE ARE NOT RESPONSIBLE IF YOU PAY
INTO THE WRONG ACCOUNT

Shepstone & Wylie (S&W) will not change its banking details. Any communication you receive stating we have done so will be false - please contact us immediately.

If you bank with Standard Bank, Nedbank, Investec, FNB or Absa Bank you are encouraged to pay us using the bank approved beneficiary: Shepstone and Wylie Attorneys.

If you don’t use the bank approved beneficiary option, you must always call us to verify our banking details before making any payment.


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