Delivered Duty Paid DDP Incoterms
Shipping terms can be complex, especially in international transactions. Delivered Duty Paid DDP incoterms offer both simplicity and efficiency by shifting the responsibility for customs, duties, and delivery to the seller. This arrangement streamlines the process for...
E-Commerce in South Africa – Facts and Challenges
E-commerce in South Africa is expanding at an unprecedented pace. With more consumers turning to online shopping and businesses investing heavily in digital platforms, the country is quickly becoming a leader in Africa’s digital retail landscape. This growth brings...
What is African Continental Free Trade Area (afcfta)?
Imagine a world where trading across 54 African countries is as simple as doing business locally. That’s the vision of the African Continental Free Trade Area (AfCFTA)—a landmark African trade pact reshaping how goods and services flow across the continent. Whether...
What is a Commercial Transaction When Importing?
When it comes to international trade, buying and selling goods isn’t always straightforward. Beyond the simple exchange of products and payments, global transactions involve regulations, compliance requirements, and third-party roles that can complicate the process....