IOR Price transparency

IOR Price transparency

In international trade every country has its own set of rules and regulations for trade compliance and tariffs. It’s important to be aware that information becomes more scarce in complicated destinations. This can decrease transparency when pricing is involved...
What are Incoterms?

What are Incoterms?

Introduction: In the past, the problem that buyers and sellers encountered when shipping goods internationally was who would bear the losses? If a defect occurs during transportation, who will be held responsible? Where does the seller’s responsibility end? For all...
DDP Incoterms: What Are They?

DDP Incoterms: What Are They?

In international trade, incoterms are a set of standard commercial terms used in letters of credit and other shipping documents to specify how the seller will deliver the goods and who pays for transportation costs. The delivered duty paid (DDP) incoterm is one of the...
E-Commerce in South Africa

E-Commerce in South Africa

Introduction: E-commerce is gaining traction in the South African market, particularly in remote places where traditional distribution systems are too expensive. To compete with mail-order enterprises, almost all traditional markets now have a website, and many...
African Continental Free Trade Area (AfCFTA)

African Continental Free Trade Area (AfCFTA)

Introduction.  The African Continental Free Trade Area (AfCFTA) pave the way to make remarkable touches on intra-African trade by establishing an integral trade agreement between the Member States that is mutually beneficial. Here in this article will discuss the...