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Published Sep 06, 20
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The Commissioner, Mr Edward Kieswetter, has in the meantime launched a media statement including links and essential details for all taxpayers throughout the Lockdown duration. His statement, together with links and other information, can be found Our expert tax advisory service group, is currently evaluating the comprehensive tax ramifications and approaches of possible relief available to companies revealed to date and is standing by when more details is released by National Treasury and the SARS.

Background: Supply chains in South Africa operate in a tough organisation environment. This environment influences the efficiency and effectiveness of South African organisations and supply chains. These aspects further influence the competitiveness of items produced in the nation, the financial growth and advancement of South Africa. Goals: The purpose of this research study was two-fold: First of all, to acquire insight into the main business environment risks and other elements, from a logistics viewpoint; and second of all, to show using methodology seldom used in logistics research the sequential mixed approach.

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The results of these two approaches were incorporated with industry literature. Results: It was discovered that increasing transportation costs, operational management of infrastructure and human resources-related problems pose the most significant challenges in the logistics industry. In addition, it was found that the combined approach research study has application possibilities in logistics research study.

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Nevertheless, organisations can control how they react and reduce these threat elements. It is shown that these aspects and threats can alter overnight. Best african opportunities Africa. The use of the explorative blended approach in getting qualitative and quantitative inputs and incorporating it with existing literature showed to be a convenient and functional method.

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( Simpson & Havenga 2012:51) Nevertheless, if one takes a look at the Logistics Performance Index (LPI) of South Africa the circumstance does not look too bad. Browse for tax consultant nearby. A minor unfavorable trend is however observed given that South Africa's LPI has reduced to 34th out of 160 nations in 2014 from 23rd out of 155 countries in 2012 (The World Bank 2012, 2014).

For instance, South Africa, as one of the BRICS countries, is carefully behind China, but far ahead of Russia, India and Brazil on the index. South Africa becomes part of and completes in the worldwide economy. Effective and effective logistics operators (freight owners and logistics company) play a crucial role in the competitiveness of the economy.

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However, the effectiveness and effectiveness of logistics operators and supply chains can also be influenced by numerous factors in business environment, such as the provision of infrastructure, functional management of the infrastructure, the availability of personnels and a regulatory structure conducive to business and trade. Risks and constraints in the business environment may negatively affect logistics organisations and the supply chains within which they operate (Badenhorst-Weiss & Waugh 2014:238).

Similar to any dangers, in order for them to be handled, they must be plainly determined and their ramifications and value comprehended by all involved (Bredell & Walters 2007:2). This research study seeks to explore, by ways of a blended technique study, crucial threat consider the business environment that constrain the effectiveness and effectiveness of logistics operators in South Africa.

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The goal of the research study was to acquire the understandings of logistics service suppliers and cargo owners about the dangers and elements in the South African organisation environment that have an effect on their efficiency and effectiveness. This was carried out by means of a quantitative study (survey), followed by a qualitative focus group discussion to get richer data whilst proper market related literature was browsed and integrated in the research study for additional insight into the risks (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing intricacies impact the variety of issues and the danger of supply chain disruptions as supply chains get longer, more complicated and involve more partners (Hailey & Jonasson 2013:55). Factors and threats in the business environment that impact supply chains may change quickly, and the management of these risks is turning into one of the most essential areas in supply chain management.

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Simply over a year later on the negative effect of electrical energy provision issues is felt by supply chains and the nation as a whole. This short article looks for to make a contribution because it reports on the findings of a sequential combined method research study amongst logistics stakeholders. The short article is not based on a traditional research approach where a thorough literature research study was done, upon which a research approach was established, followed by empirical research. View our africa business opportunities near me.

The scientists and an analytical specialist assisted with the advancement of the technical part of the instrument. The research questionnaire is thus been viewed as a practically-oriented instrument. The study findings supplied the background to a qualitative study. The qualitative research study was carried out by ways of a focus group discussion, to gain insight into how the risk factors are experienced by logistics role players and what they suggest to reduce the issues.

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The approach followed is called the explorative mixed technique (Creswell 2009:18) and although it is not a widely known approach in logistics research study, it still follows the standard scientific research study concepts. Logistics is concerned with the movement of items, both incoming goods (inbound) and the circulation of goods to the next members of the supply chain and to the end customer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Find business strategies South Africa.

As logistics plays an essential role in ensuring that consumers are served with the finest possible service (in regards to dependability, speed, security, flexibility) at the most affordable possible expense, handling logistics activities for maximum effectiveness and efficiency is vital (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, entails the preparation and management of all activities associated with sourcing and procurement, conversion and all logistics management activities.

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It is clear that logistics is a vital part of supply chain management and is often used as a synonym 'supply chains include logistics systems of networks' (Gattorna 2010:11). Inadequacies in one part of the supply chain will have an unfavorable effect on the efficiency of the supply chain as a whole - Our internal auditor Africa.

The essential role of logistics in the nation's economy is captured succinctly in the following: The efficiency and development southern African logistics market are both inputs to and outflows from the efficiency and development of the South African economy particularly in the primary and secondary sectors. The currency exchange rate, inflation rate and rates of interest directly impact the expense performance of the logistics market.

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Simultaneously, the performance of the logistics market particularly the expense of logistics has a bearing on the international competitiveness of South African markets. (State of Logistics Study 2014: n.p.) South Africa's competitiveness was ranked 53rd out of 148 nations by the World Economic Forum (2014). South Africa therefore has a modern-day economy and a strong logistics facilities and system.

As pointed out formerly, South Africa's LPI has reduced to 34th out of 160 nations in 2014 from 23rd out of 155 countries in 2012. Of the six factors thought about by the World Bank for the LPI, customs ranked 42nd compared to 26th in 2012; tracking and tracing ranked 41st compared to 16th in 2012; infrastructure ranked 38th compared to 19th in 2012 (The World Bank 2012, 2014).

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