A significant uptake in applications for the Authorised Economic Operator (AEO) Programme by the SA Revenue Service (Sars) has resulted in the certification of more than 500 traders to date – a significant milestone for the collector.
This has emerged after the AEO programme was initially limited to importers and exporters.
The application process was lengthy and time-consuming, with some traders withdrawing their applications due to challenges and delays.
However, over recent months the lag in AEO applications has been turned around and the 500-milestone achieved also excludes applicants still in the process of being certified.
What has become clear is that the AEO Programme has become an important part of South Africa’s supply chain.
- Read the full article in our columns section: "Sars’ AEO Programme reaches milestone".