Blog

IOR Africa keens to keep up with the import and export market, and drafting articles that will give some useful info and tips to our clients. Have a look at the blogs we think would be useful for your business.

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 which...

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...

What is a Commercial Transaction when importing?

What is a Commercial Transaction when importing?

Introduction It requires import and import licenses and an importer of the record to import information technology into international countries, which is complex and can cause fines and delays if incorrectly carried out. This process often has a second complexity...

The Importer of Record, Exporter, and Consignee

The Importer of Record, Exporter, and Consignee

Introduction: The process of import and export operations is somewhat difficult, as it requires a knowledge of the regulations and rules of countries. So, Understanding the definition and the differences between the three most important roles involved in an import...

All You Need to Know About the Importer of Record

All You Need to Know About the Importer of Record

Introduction:    There isn’t anything about international trade that is easy. The trade between two parties across foreign countries boundaries necessitates a wealth of experience and skills, from restrictions on manufactured products to enforcement issues....

What is Trade Compliance?

What is Trade Compliance?

Trade compliance means acting in line with global legislation surrounding economic operations, as well as importing and exporting services and technical products, as well as following international laws for export and exchange, is what trade compliance entails. It's...