News

South Africa's closure of a tax loophole that benefited global discount e-commerce retailers Shein and Temu is starting to show positive signs as some consumers reject the higher prices, the CEOs of ...
The South African Revenue Services (Sars) believes new e-commerce regulations for international players like Temu and Shein ...
The South African government is beginning to act. The Department of Trade, Industry and Competition is investigating Shein for potential tax avoidance. Labor groups have sounded alarms over Shein ...
The South African Revenue Service (SARS) says it will implement interim tax changes from 1 September 2024 that will impact online retailers like Shein and Temu, with more permanent changes to ...
It has had such an impact that South Africa’s dominant eCommerce ... to run Suparbalist profitably. Shein has also been accused of exploiting import tax loopholes in South Africa to undercut ...
Shein is under siege in South Africa. It is losing market share ... to clamp down on these practices by adding 15% value-added tax (VAT) to the 20% flat rate customs duty. However, after review ...
Last November, South Africa's tax authority ended the practice known ... loopholes that have given low-cost online platforms like Shein and Temu, owned by PDD Holdings', pricing advantages.