< Back to all clusters
[BUSINESS] · South Africa, Canada · 3 sources

started · updated

South Africa implements newsprint tariffs and explores trade with Canada

South Africa has introduced a 5% tariff on newsprint imports to protect its domestic print industry. This measure specifically impacts Canadian suppliers, who currently account for 47.2% of the total newsprint imported into the country. Other trading partners, including the European Union, the United Kingdom, and members of SADC and AfCFTA, remain exempt from this levy.

Separately, shifting trade dynamics between Canada and the United States may present new opportunities for South African food and beverage exporters. Potential products for the Canadian market include citrus, fresh fruit, wine, spirits, and specialty teas. However, experts caution that exporters must navigate high market-entry costs, including retailer margins of 25% to 40%, and strict regulatory requirements, such as bilingual English and French labeling and Canadian Food Inspection Agency compliance.

In domestic policy, the South African government is working to replace the current television license system to address financial deficits at the South African Broadcasting Corporation (SABC). With only 15% of license holders paying fees in the 2024/25 financial year, the government aims to finalize a new sustainable funding model by March 2027, with the final SABC Bill expected to reach Parliament by early 2028.

Entities

Canada · Canadian Food Inspection Agency · South Africa · South African Broadcasting Corporation