‘SA ports are not so expensive’ – Ports Regulator Charges levied by Transnet National Ports Authority are not expensive in comparison with the rest of the world, according to Riad Khan, CEO of the Ports Regulator. Sars introduces calculator for corporate income tax In line with the organisationwide modernisation initiative of the Corporate Income Tax (CIT) administration process, the South African Revenue Service (Sars) has introduced a Tax Calculator for CIT returns on eFiling. Mines minister blocks biggest investment ever in Zimbabwe Zanu-PF’s prosperous mines minister Obert Mpofu has effectively blocked a R6-billion investment for Zimbabwe – the largest since independence 32 years ago, said a Weekend Argus report. Truckers urged to mobilise their power to address the issues plaguing the industry The Road Freight Association (RFA) has called on its members to stand together to address the various issues plaguing the industry at present. Safmarine takes delivery of latest new vessel Safmarine’s newest vessel, the 4500-teu Safmarine Chachai, was delivered to the line on Monday. The WAFMAX containership joins her sister ships, the Safmarine Chilka and Safmarine Chambal, in the A P Moller-Maersk fleet. Warning bells sounded over impact of cheap imports Action must be taken to provide the rebates and incentives and policy environment needed to grow the manufacturing sector in South Africa and allow it to advance, says Dave McDonald, divisional MD of Jasco Electrical Manufacturers. “The equations are quite simple – with scale comes economy. As our local output diminishes, our influence with up- and downstream suppliers in terms of negotiating good rates wanes.
