A Review On The Mid-term ProposalOn Fuel Rit Guarantees And Its ImplicationsOn Easy Of Doing Business
Transit system is a trade facilitation tool that allows goods to move across borders without paying duties and taxes at the port of entry, provided…
WHY THE PROGRESSIVE CUSTOMS BROKERS ASSOCIATION OF ZIMBABWE DID NOT SIGN THE AGENTS CODE?
Introduction: Five Clearing Agents Associations signed and launched a Code of Conduct on 11 August 2023. There is a concern as to why Progressive Customs Brokers Association (PCBAZ) did not sign the Code. Ms. Edina Moyo-Mudzingwa, PCBAZ Chairman answers this and other questions below: Question: Please provide a brief background of the Association.Answer: The Progressive […]
William Ruto bans multinationals from clearing, forwarding business
President William Ruto on Saturday banned international firms from engaging in clearing and forwarding business and instructed state agencies at Mombasa Port to operate on a 24-hour basis. Ruto said major shipping lines operating land-based logistics services were denying small firms in Kenya an opportunity to do business because of their financial muscle. He said the ban […]
Is AEO Scheme the future of doing business?
AEO is a concept under the World Customs Organization (WCO) SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework). It represents a Customs-to-Business partnership to enhance international supply chain security and facilitate movement of legitimate goods. An AEO may be defined as a party involved in the international movement of goods in […]
IMPACT OF UNSTABLE EXCHANGE RATE ON CUSTOMS CLEARANCES
An exchange rate is the rate at which one currency can be exchanged for another between nations or economic zones. It is used to establish the value of different currencies in relation to each other. For economies like Zimbabwe that actively participate in international trade, the exchange rate is an important economic variable. Countries with […]
Nigerian, Benin customs to address issues of smuggling, insecurity
The Acting Comptroller General of the Nigeria Customs Service (NCS), Adewale Adeniyi, said he would begin a discussion with the Republic of Benin Customs Administration to address the issues of border security, importation across the border, and deployment of technological solutions to address complex border problems. Adeniyi stated this during a private visit to congratulate […]
Police ‘on high alert’ after torching of 21 trucks
Police are on high alert to prevent further supply chain disruption on critical roads in South Africa and have identified 12 potential suspects in connection with the torching of 21 trucks along the N2, N3 and N4 highways. That’s according to a statement by police minister Bheki Cele earlier today, 13 July. Cele said the […]
Appeal made to help the logistics sector
Fleet managers and related transport personnel are urged to help gather data that may prove invaluable in securing lives, trucks, cargo and infrastructure following several days of arson unrest in South Africa’s road freight sector. According to Webfleet sales director Justin Manson, the telematics company’s Road Safety Survey for 2023 is an ideal opportunity to help resolve […]