Freight & Trading Weekly

Page 1

FREIGHT & TRADING WEEKLY Australia Belgium Import and Export Consolidations by Sea and Air

Germany Italy

TRANSPORT IS OUR BUSINESS

Cpt: Tel: (021) 380 5860 Fax: (021) 386 2498 Jnb: Tel: (011) 929 4900 Fax: (011) 397 4221 e-Mail: capetown@hartrodt.co.za e-Mail: johannesburg@hartrodt.co.za Plz: Tel: (041) 581 0696 Fax: (041) 581 0715 Dur: Tel: (031) 584 6381 Fax: (031) 584 6380 e-Mail: portelizabeth@hartrodt.co.za e-Mail: durban@hartrodt.co.za www.hartrodt.com FTW1152

Spain United Kingdom

FRIDAY 24 April 2009 NO. 1859

The Freight Community’s Weekly Newspaper for Import / Export decision makers – on subscription

New United ruling targets Opening its heart for the needy States BEE fronting

USA

UK

your customers with a certificate produced by an accredited agency.” Even those companies in the However, the ministerial notice freight and trading industries stated that any certificate produced that are well advanced in the prior to the date of publication of self-assessment of their black the notice (April 9) would remain economic empowerment (BEE) valid for a period of 12 months ratings will have to have their final from date of issue. documentation “rubber-stamped” This means that existing by an accredited verification certificates remain valid, as long as agency from August 1. they’re accurate, even if produced This is a complete reversal by a ‘non-accredited’ agency, of the previous policy, where according to Levenstein. the department of trade and “It is as relevant now, if not industry had not made the use of a more so, to calculate and improve verification agency mandatory. your own scorecard before you It is the result of the call in a verification agency,” he April 9 Government Gazette, said. “A verification agency’s job where minister of trade and is to verify your data, not to just industry, Mandisi Mpahlwa, give you a scorecard or certificate issued a notice that said: “As from on request. Successful companies August 1, only certificates issued should work hard at building by accredited verification agencies up a scorecard, getting expert – or one that has a pre-assessment advice, gathering data, calculating letter from the SA National their score, and then calling in a Accreditation System (Sanas) – verification agency to verify the will be valid.” accuracy of the data.” Said Keith Levenstein, CEO Levenstein also felt that the of empowerment consultants EconoBEE: “What it means is that, minister had obviously taken this step to remove the risk of fronting, from August 1 onwards, you may and the production of inaccurate no longer accept just any BEE scorecards. certificate from your suppliers. “Reports are that the BEE That certificate must have been advisory council is finally going produced by an agency accredited MF00042_print Page 1 to be constituted,” he told FTW, by Sanas. ads_CTP 4/7/09 9:11 AM MF00042_print ads_CTP 4/7/09 9:11 AM Page 1 To page 16 “You must also only supply BY Alan Peat

FTW1654SD

Composite

Ten-year-old Dimpho Pitso shakes hands with Cindy Miller, UPS Vice President for South Europe and Africa, while school principal Leonore Ngozi thanks Jeff McCorstin, UPS managing director of freight forwarding for Europe, Middle East and Africa, for the R194 000 donation to the Ithembelihle Lsen School on the East Rand. See full story on page 10. C

C

M

M

Y

CM

Y

CM

MY

MY

CY CMY

CY CMY

K

K


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.