What about the rest of the value chain? Diesel tax refund for food manufacturers does not go far enough
In government’s recent budget, it was announced that, with effect from 1 April 2023, manufacturers of foodstuffs (excluding beverages and ingredients used to produce beverages and certain other foodstuffs) may claim back the prescribed portion of the Road Accident Fund of the price paid for diesel if the diesel is used in the manufacturing process of the relevant foodstuffs. If diesel is used for a generator that powers any portion of or the whole food production process, then the producer can claim the relevant part of the Road Accident Fund levy paid. This will take effect from 1 April 2023, …
Franchises across all sectors dig deep to survive
One has to ask how businesses, entrepreneurs and investors in South Africa have any confidence in a future when confronted with constant rolling blackouts, another looming fourth wave of coronavirus infections with little to no support from the government. Well, If you are a franchise in any of the fourteen business sectors, you pick yourself up, dust yourself off and dig deep to survive. That was the overwhelming sentiment following the Franchise Association of South Africa’s key franchise conference in August that took a hard look at how Covid-19 affected the franchise sector and outlined steps to not only regain …
Guidelines on submitting your SASRIA insurance claim
If your business has been affected by public disorder, the recent looting and rioting in South Africa here is a guide on how to submit your SASRIA Claim. If you have been directly affected, you may be unsure of what your next steps should be, particularly in respect of initiating your insurance claim for the damages you may have suffered. The South African Special Risks Insurance Association – SASRIA – is a state-owned company, established specifically and uniquely to provide cover against special risks, specifically in respect of the public disorder that has recently gripped parts of South Africa. Sandra CopelandSandra …