1. FEEDBACK ON SASTALC'S 19TH AGM
Dear Industry Stakeholder,
It is our pleasure to report on the Council’s AGM hosted on the 12th of April, 2016 at T-Systems, Midrand. The meeting was held as part of an open network event under the theme, “Collaboration to Support the Regional Integration Agenda in Stormy Economic Conditions.” The theme highlighted the turbulent economic times that the country and region are currently facing, with the objective of bringing stakeholders together to advocate solutions under a collaborative environment.
In understanding and unlocking Africa’s potential, we cannot ignore the existing issues which continuously plague our region. These include the continued rise we see in tonnages moved by road – which ultimately puts a strain on road infrastructure; volatile fuel prices; stricter carbon emission requirements; lack of policies; poor co-ordination among government departments and agencies; turnaround times, and delays at ports of entry.
The trying economic challenges have forced industry to curtail business activity as there is looming uncertainty and a bleak outlook for the year ahead. As a Council, we remain optimistic as there are lessons to be learned from the current state of affairs as well as opportunities to join forces with stakeholders to ensure that our supply chains remain globally competitive. The event hosted various stakeholders whose participation demonstrated the need for collaboration in order to revive our ailing economy.
The prospects and challenges presented by the region provide us as SASTALC with an excellent opportunity to continue being the industry body promoting and supporting a healthy logistics climate in the Southern Africa business environment, through collaborative advocacy and providing platforms that facilitate public-private engagements. We believe that it is through working together that we will serve the interests of our country and region.
As we transform, our vision is to ensure that as a Council, we take on these new competitive challenges in the industry, within a framework which encourages real and sustainable value to all our members and the industry at large. Amid the trying times, we will endeavour to grow our membership base as membership is key to our financial sustainability, allowing us to expand our footprint and effectively execute our mandate.
KEY NOTE ADDRESS
The key note address was delivered by Mamello Matikinca, a macroeconomic analyst at FNB. Her address was centred on the “Macroeconomic Outlook 2016-2018 with stagflation as the most likely outcome.” The current economic climate in the country is a result of a combination of factors, which have seen the country nearing junk status. There has been a significant slowdown in private and public sector consumption and on fixed investment spending which will likely spill over into next year. A positive contribution to GDP growth is however anticipated from mining and a subtraction from the manufacturing sector. There are also signs of a growth in exports, boosted by the weak rand, and as such the manufacturing sector should find some support as the year progresses.
In comparison to other emerging markets, the average growth in the five years leading to 2016 is likely to come in well below 2%. This is clear indication of the urgent need to have private sector and government collaboration to address the current supply chain inefficiencies which hamper inter-regional trade and increase logistics costs.
SASTALC'S CHAIRMAN REPORT
If I have to put a theme to the report it would be – Facing the enemy – and therefore I deliver this report with mixed emotions. The year that passed was filled with various challenges, victories and sadness. Although we have fought the challenges, the victories were not earth shattering. However, when facing an enemy that has ruined a lot of businesses and ensured that the whole South Africa is on the edge of their seats, to remain standing is a victory in itself.
The economic downturn that started in the beginning of 2015 is an enemy of sizable proportion. As the industry and our SASTALC members fought the fight to contain cost in the battle to survive, this enemy found his way into the fortress of SASTALC. We have felt the loss of comrades in the likes of Highveld Steel, Columbus Stainless and as of recent Exxaro Resources to name but a few. These long standing members from days gone by, had to resign from our council due to the hostile economic pressure they faced from the enemy. However, the remaining soldier members remain steadfast in battle and will see victory in the period to come as we learn to manage under the harsh economic constraints. For this I salute you. READ MORE
As part of the Council's tranformation strategy, the new board was presented by the out-going Chairman Andre Botha and is comprised of the following Directors:
- Lebo Letsoalo Chair
- Harry Van Huyssteen Vice Chair
- Brenda Horne Ferreira Director of Financial Oversight
- Devashni Moodley Director
- Cooban Moodley Director
- Mike Walyn Director
- Mervin Webb Director
We would like to congratualte the above mentioned Directors on their appointment as Board Members and wish them a successful tenure as they take the Council to greater heights.
We would also like to extend our heart-felt gratitude to our sponsors who made the event possible and to our members who continue to support our vision and enable us to fulfil our obligation to the industry.
PROUDLY SPONSORED BY:
2. INFORMATION FOR NEW CUSTOMS STAKEHOLDERS
INTRODUCTION OF NEW TAX COMPLIANCE STATUS SYSTEM
Being tax compliant and ‘paying your fair share’ is not just good for you, but also contributes to the positive growth of our country’s economy which in turn benefits all South Africans. In the continued effort to improve compliance and to make it even easier for taxpayers to manage their tax affairs, the South African Revenue Service (SARS) will from 18 April 2016, introduce an enhanced Tax Compliance Status System.The new system will make it easier for taxpayers to obtain a Tax Clearance Certificate (TCC) and the enhanced system will also allow taxpayers to obtain a Tax Compliance Status (TCS) PIN which can be used by authorised third parties to verify your compliance
status online via SARS eFiling. Click on the following links to read more on how to:
3. NAVIS UPGRADE - 1 MAY 2016
Transnet Port Terminals would like to inform you of the upgrade to the Navis System that will run from 06h00 on the 1st of May, 2016 till 06h00 on the 2nd of May 2016. CLICK HERE TO READ MORE
Yours in Logistics Collaboration,
Non-profit Organization Registration No: 055-301-NPO
Cell : +27 73 737 6095
Tel: +27 10 221 6253