Question: Where do I find the latest import and export tariffs and information on trade regulations in South Africa?
Question: Is South Africa member of SACU?
Question: What is AcFTA?
Answer: African Continental Free Trade Agreement
Question: Is South Africa member of AfcFTA?
Answer: Yes. The main objectives of the AfCFTA are to create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of a continental customs union.
Question: What is Phase II of AfcFTA?
Answer: Phase II covers Investment, Competition and Intellectual property. Negotiations on these protocols were expected to commence in Dec 2020.
Question: How does AfCFTA fit with other African continental initiatives?
Answer: The AfCFTA, along with the free movement of persons and the single air transport market, is a flagship component of the broader Agenda 2063 program – the African Union’s framework for structural transformation and development. The African Union’s initiatives to Boost Intra-Africa Trade, the Programmes for Infrastructure Development for Africa, and Accelerated Industrial Development for Africa are essential to realise the benefits of the AfCFTA.
Question: Does South Africa do bilateral investment Treaties?
Answer: . It has a Single Investment Promotion and Protection Bill 2015 for all the countries.
Question: Is South Africa upper middle income country?
Question: What is Carbon Tax (CBT)?
Answer: The CBT is a new tax in response to climate change, which is aimed at reducing greenhouse gas (GHG) emissions in a sustainable, cost effective and affordable manner. Carbon Tax gives effect to the polluter-pays-principle and helps to ensure that firms and consumers take the negative adverse costs (externalities) of climate change into account in their future production, consumption and investment decisions.
Question: When was CBT implemented?
Answer: The Carbon Tax Act of 2019 came into effect on 1 June 2019. It will be administered and collected by SARS. The CBT is assessed, collected and enforced as an environmental levy in terms of the Customs and Excise Act, 1964, read with the relevant provisions of the Carbon Tax Act, 2019.
Question: Who is CBT for?