Cape fails to capitalise on diverted traffic
South Africa has yet to see a meaningful increase in maritime enforcement activity or economic benefit despite the rerouting of global vessel traffic around the Cape of Good Hope since late 2023.
South Africa has yet to see a meaningful increase in maritime enforcement activity or economic benefit despite the rerouting of global vessel traffic around the Cape of Good Hope since late 2023.
In a rare loss for SARS, the Supreme Court of Appeal (‘SCA’) in Glencore Operations SA (Pty) Ltd vCSARS (April 2026) provided valuable guidance for joint ventures in the mining sector participating in the diesel refund scheme.
SARS suffered a setback as the Supreme Court of Appeal ruled in favour of Glencore and confirmed that joint ventures can qualify for diesel refunds based on operational reality rather than strict legal form.
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