New regulation increases interest in local industry

The logistics industry will be boosted by the New Customs Acts Programme (NCAP), which was formally introduced this year, says working capital specialists Investec Import Solutions customs manager Dylan Govender. The South African Revenue Service (Sars) describes the NCAP as a safe, enabling, fair and sustainable regulation that will encourage a secure business environment for economic development, and allow for a favourable business environment in which business can thrive, develop, innovate, generate employment and invest in the logistics industry.