Buttress SA Employment

I must admit: I too had to reread the headline. If, like me, you need reminding, a buttress is an architectural exterior support or structure of masonry that is built against, or serves to support... 

New WTO rules for ecommerce

The World Trade Organisation (WTO) informed on May 6 of a trade dialogue held with senior representatives of consumer organisations, during which they sent a strong message of support for the WTO... 

Exporting to the UK post Brexit

Without a shadow of a doubt, the most overused portmanteau in the world today is ‘Brexit’, derived from ‘British’ and ‘exit’. Its use evokes a range of emotions. Brexit’s origin is attributable to... 

Marrakesh Agreement: 25 years on

April 15, a day steeped in history. Well, you can argue that this is true of every day. What possibly makes April 15 a bit unique is that all the major events that happened on this day are general... 

The WCO’s fellowship programme

The World Customs Organisation (WCO), known as the Customs Cooperation Council until 1994, is not as well known as the World Trade Organisation (WTO). This is odd, since the WCO was founded on... 

Import licensing website

There are multiple World Trade Organisation (WTO) agreements. The WTO oversees about 60 agreements that have the status of international legal texts. As a member of the WTO, a country must, on... 

International trade in fake goods surges

You might be well acquainted with ‘fake news’. The buzzword that is. Yes, the two are considered one. It was the 2017 word of the year, no less. But, as to whether we possess the ability to... 

Insights into a Post Clearance Audit

The Revised Kyoto Convention, which is more popularly known by its acronym, RKC, and is the main trade facilitation customs convention, defines postclearance audits (PCA), or audit-based controls,... 

Incoterms®2020

Anyone involved in international is undoubtably familiar with Incoterms, the acronym for International Commercial Terms. But familiarity does not necessary imply in-depth understanding and... 

East or West, which is best?

It is March 8. No, not as you read, but as I write this piece. And this bring me to the question: Do you believe in chance or luck? Do you believe in coincidence? Maybe Laura Pedersen’s assertion... 

The OECD’s work on trade

Adam Smith, the father of economics, famously said that that “every person lives by exchanging”. Truth be told, he he actually said ‘man’, which I have replaced with ‘person’. If Smith were with us... 

Customs and excise proposals in the Budget

It is just before 14:00 on the afternoon of February 20 as I wait for the National Budget Review 2019 to be published in its electronic form. While doing so, I am reminded of a time, not so long... 

South Africa . . . like . . . needs investment

There are two words that invoke the same emotion when I hear them: ‘like’ and ‘investment’. ‘Like’ is considered a filler word, also known as a pause filler or hesitation form, as it is so... 

Rules of origin facilitator

Talk about a powerful international trade trilogy alliance. You simply do not get a more powerful alliance than the World Customs Organisation (WCO), the World Trade Organisation (WTO) and the... 

Where did it originate?

Have you ever attended a a rock concert that celebrated a single album FROM a single band? To be clear: the music tracks of a singular album, with no bonus tracks. Yes, there is such an album and... 

Establish the value of your imports

Eighteen years ago to the day, on February 2, 2001, this column appeared in print for the very first time. That particular Friday must have been a slow news day in South Africa. South African... 

Shrinkflation

Isn’t it curious how, daily, we see and hear words, without really seeing and hearing the words, with the meaning and definition of the words, rightly or wrongly, set and formalised in our minds.... 

Reflections on the Harmonised System

It is ‘harmonized' with a 'z', and not an 's', as it is 'organization' with a 'z', and not an 's'. But I am getting a bit ahead of myself – well, with the organization, that is. In last week’s... 

And so it begins

The title of this piece is a phrase used by King Théoden, South African-born JRR Tolkien's fictional character in The Lord of the Rings trilogy, just before the major battle at Helms Deep, as... 

Only time will tell

At first glance, Ibiwisi appears to be a word from one of South Africa’s many indigenous languages – but, alas, it is not. The origin of the word itself is a mystery, which on the present-day... 

All money is a matter of belief

If you have a few pounds to spare (that is, British pounds, the currency), will have some time to spare on December 12, would be in London on that day and have an interest in economics or... 

With great power comes great responsibility

The words in the headline are attributable to Uncle Ben, Peter Parker’s Uncle Ben. And you might know Peter Parker who you might know better as Spiderman. This iconic phrase, however, was not... 

The more things change . . .

As the age-old adage goes, the more things change, the more they remain the same. What this means is that turbulent changes do not affect reality on a deeper level and serve to cement the status... 

Investment – counting the chickens

It is not too difficult to get carried away by one’s emotions. Only minutes before I sat down to write this article, my beloved Sharks had beaten Western Province in the Currie Cup final. That... 

Enterprise Europe Network

With all the nonsense packaged as news that you are subjected to – or, more correctly, bombarded with – on a daily basis, it is quite easy for you to get sucked in and to then not see the forest... 

Nontariff barriers in Africa

Is it not strange how quickly we get accustomed to terminology that rolls off our tongues and finds its way into our writings and yet we do not even know its true meaning? The term 'nontariff... 

Irregular expenditure

Take a moment to reflect on the phrase 'irregular expenditure'. What thoughts does it evoke? Anything? These two words, I wager, have been rendered devoid of their impact, owing to excessive use. 

I’m from govt and I’m here to help

The words in the headline are considered to be the most terrifying in the English language. This is not my assessment, but that of the gentleman who famously uttered them, Ronald Wilson Reagan, the... 

Economic stimulus and recovery plan

It is said that there are only three kinds of people in the world: those who can count and those who cannot. The stimulus and recovery plan has sevral broad parts: implementation of... 

SA economy flying by the seats of its pants

It is said that bad news comes in threes. If only South Africa was that fortunate – the country exhausted its quota a long time ago, and hardly a week goes by without bad news about the performance... 

Technically, stuck in a recession

“Is you is or is you ain't?”, to partially borrow from the title of American blues musician BB King’s song. Is South Africa in a recession or ain’t it? It is a simple enough question that should... 

Do your part to remedy SA’s ills

“People say nothing is impossible, but I do nothing every day.” These humorous words tend to be attributable to Winnie-the-Pooh. But I am afraid these were not Pooh’s words, and neither were they... 

Heigh-ho silver lining

They say every silver lining has a cloud or every cloud has a silver lining? Which of the phrases do you prefer? Surely, it depends on whether you are of the glass-half-full or glass-half-empty... 

Reflecting on sugar customs duty increase

So, will the increase in the variable formula tariff (VFT) on sugar – or the 'honey without bees', as Alexander the Great called it – mitigate the harshness of international trade or be the... 

Bailout or bail out?

One word or two? So, which is the correct option for South Africa’s State-owned enterprises (SOEs)? Hint: a bailout is the act of giving financial assistance to a failing business or economy to... 

Can’t you handle the truth?

Have you seen any mention of the publicat of the International Monetary Forum's (IMF's) 2018 Article IV consultation with South Africa? For what I have seen, it was released through a notice from... 

Four Brics and a briquette

The headline of this article sounds a bit like a 1960s band. A popular music band. A pop band. But, alas, it is no band – it is what should be an honest reflection of what the world knows as Brics,... 

Darkness, is it contagious?

A R2 300,000 000 loss, R19 600 000 000 in irregular expenditure, net cash from operations declining by 21.81% from R45 800 000 00 to R37 600 000 000, total debt increasing by 55.04% from R387 000... 

Semantics around land expropriation

The semantics around land expropriation As I have said many times before, English is, at the best of times, a most intriguing and peculiar language. But I strongly believe that the English are not... 

It’s Friday I’m in love

It’s Friday I'm in … ‘I don't care if Monday's blue; Tuesday's gray and Wednesday too; Thursday I don't care about you; It's Friday I'm in love.’