Minister of Economic
Development’s New
Powers
On 05 March 2010 a
proclamation of the President
of the Republic of South
Africa appeared titled
“Transfer of Administration
of, and Powers and Functions
Entrusted by, Legislation in
terms of Section 97 of the
Constitution”.
According to the
proclamation, with effect
from 01 April 2010 the
following powers are
transferred to the Minister
of Economic Development:
(i) The administration of
the Industrial Development
Corporation Act and the
Competition Act (previously
entrusted to the Minister of
Trade and Industry); and (ii)
The powers and functions
entrusted by the legislation
mentioned to the Minister of
Trade and Industry.
Termination of Tall Oil
Fatty Acid Investigation
On 12 March 2010 a notice
was published in respect
of the termination of the
investigation into the
alleged circumvention of
anti-dumping duties against
imports of tall oil fatty acid
originating in or imported
from Sweden through
importing from Finland.
The application was
lodged by Industrial
Oleochemical Products
(Pty) Ltd.
Supply Chain
Compliance Conference
On 25 March 2010 a
Supply Chain Compliance
Conference will be hosted
at Emperors Palace,
Johannesburg.
This Conference will
focus on efforts by the
World Customs Organisation
(WCO) members to roll out
SAFE (AEO Programmes)
initiatives in compliance
with both the new SAFE
Framework of Standards
and the Revised Kyoto
Convention, particularly the
implementation of advance
data reporting on inbound
shipments (WCO Data
Model). It is also expected
to consider whether these
programmes are in line with
the twin goals of security
and facilitation, or driven by
other national interests.
DUTY CALLS
19 Mar 2010 - by Staff reporter
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FTW - 19 Mar 10

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