On 23 July 2026, the South African Revenue Service (SARS) announced an amendment to Part 3 of Schedule No.2 to the Customs and Excise Act, 1964 (Safeguards) by the substitution of Safeguard Items 260.03/7318.15.41/01.08; 260.03/7318.15.42/01.08 and 260.03/7318.16.30/01.08, to amend the safeguard duties on threaded fasteners of iron or steel (excluding those of stainless steel and those identifiable for aircraft) to a rate of safeguard duty:
- With effect from 24 July 2026 up to and including 23 July 2027 - 42.04%
- With effect from 24 July 2027 up to and including 23 July 2028 - 40.04%
- With effect from 24 July 2028 up to and including 23 July 2029 -38.04%
The reasoning is contained in the International Trade Administration Commission of South Africa (ITAC) Report No.780.