Delivered Duty Paid DDP Incoterms

by IOR Africa | Blog, Delivered Duty Paid DDP

Ever wondered about those mysterious shipping terms? Let’s dive into DDP – it’s simpler than you think! DDP, or Delivered Duty Paid, is a shipping arrangement where the seller handles all the nitty-gritty details. They cover customs, duties, and...

E-Commerce in South Africa

by IOR Africa | Blog

Hey there! Let’s discuss something exciting happening in South Africa—the e-commerce boom! It’s not just a trend; it’s reshaping how business is done, especially in remote areas where traditional shops struggle to reach. South Africa e-commerce...

African Continental Free Trade Area (AfCFTA)

by IOR Africa | Blog

Hey there! Have you ever wondered how Africa is boosting its economy? Let’s chat about the African Continental Free Trade Area (AfCFTA), a game-changer in intra-African trade that is creating a win-win situation for all member states. Let’s dive in! What...

What is a Commercial Transaction when importing?

by IOR Africa | Blog

A commercial transaction definition describes the purchase and payment of goods by two different companies but in various countries in the world of international trade conformity. However, this transaction is complicated by using a third-party importing document to...

What is the Difference Between IOR and Consignee?

by IOR Africa | Blog, Importer of record ior

Have you ever wondered how your favorite tech gadgets make their journey from a factory in Africa to your hands? It’s a complex process involving many moving parts. Two key players in this global dance are the Importer of Record (IOR) and the Consignee. While...

What are The Importer Of Record Responsibilities?

by IOR Africa | Blog, Importer of record ior

An Importer of Record (IOR) is like your go-to person when it comes to handling the tricky parts of importing goods. They make sure all the customs rules are followed, and that duties and taxes are paid correctly for each shipment. Think of them as the bridge between...