Customs news: Latest from Sars, Sacu etc

The Swiss Federal Council is actively seeking a negotiated solution to lower customs duties.

The World Bank warns that “significant risks persist due to lower global growth".

Half-year revenue up 20,4% on the back of rising container volumes.

The port lost about R1 billion in income due to inefficiencies in 2024.

Air freight is experiencing growth in shipments of AI-related products.

Government announced an early start for shipments after recording high stock volumes in warehouses.

Results underscore resilient operational performance in the face of ongoing geopolitical tensions.

The company has doubled its investment by building a larger factory in the Dube TradePort SEZ.

eThekwini says it is investing over R450 million in road infrastructure to support big-brand businesses.

The airport is expected to handle up to 100 million passengers annually.

Since June 2024, nine cargo airlines have initiated direct freight routes into Europe.

“It’s not safe at all and transporters should proceed with the utmost caution.” — Transist Bureau