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Star South Africa (Digital)

Star South Africa (Digital)

1 Issue, 2025-03-17

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How bureaucracy collapsed SA's R2.5bn groundnut roasting industry

How bureaucracy collapsed SA's 
R2.5bn groundnut roasting industry
A customs tariff increase application on roasted groundnut imports classifiable under subheadings 2008.11.20 and 2008.11.90 from 0.99c/kg (0.033% ad valorem equivalent) to 20% was withdrawn by the South African Groundnuts Forum because they have closed their nut roasting business. The investigation was initiated on January 15, 2021 and lingered without a decision for 50 months (yes, seriously) with no decision. The application had been filed on February 24, 2020. It should take six months to complete an investigation. According to the International Trade Administration Commission (Itac), the applicant withdrew their application because “[of] a range of operational and other factors, including but not limited to the prolonged uncertainty surrounding the decision on the amendment of the customs duty. The applicant alleges that such uncertainty has affected the viability of their…
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Star South Africa (Digital) - 1 Issue, 2025-03-17

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