News Formal

SA extends ban on scrap-metal exports by six months as it seeks to curb theft | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 80%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

South Africa extended a ban on scrap-metal exports by six months as the government tries to combat theft and vandalism of public infrastructure. | News24_Business

Trade and Industry Minister Ebrahim Patel also ordered the International Trade and Administration Commission of South Africa not to accept or process any applications for export permits for ferrous and non-ferrous waste and scrap metal, according to a notice published in the Government Gazette on Thursday.

The theft and export of copper cables has had a severe impact on the economy and been a major contributor to power cuts and disruptions on rail lines. The ban was first proposed in August to combat illicit trade in these materials and was approved by Cabinet in November. The main opposition Democratic Alliance and other groups criticised the move at the time, saying that trade policy was an inappropriate tool to deal with the pillaging of public property. South Africa also risks falling foul of World Trade Organization guidelines because the ban aims to prevent theft, rather than address critical metal shortages.In times of uncertainty you need journalism you can trust.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Business Talk – Sage AME, EVP Pieter Bensch discusses the top SMB trends in South AfricaIn this Business Talk interview, Pieter Bensch – Executive Vice President for Sage in Africa and the Middle East – talks about Sage’s research into South African SMBs.
ソース: BusinessTechSA - 🏆 24. / 61 続きを読む »

South Africa seeks help from China to safeguard supply of solar panels | BusinessElectricity Minister Kgosientsho Ramokgopa is travelling to China this week to meet some of the country's biggest solar equipment manufacturers to make it easier for SA to import panels.
ソース: News24 - 🏆 4. / 80 続きを読む »

Business confidence in South Africa falls again | City PressThe SA Chamber of Commerce and Industry says it's important that South Africa encourages and nurtures its business and economic relations with established trade and investment partners as business confidence dips.
ソース: City_Press - 🏆 7. / 72 続きを読む »