Guide to Importing & Exporting

Guide to Importing & Exporting

Critical Resources for Successful International Trade

COURSE DATES

Online Workshop dates: 2-4 October 2023

Public Workshop dates:
·        Randburg, Johannesburg: 1-3 November 2023
·        Durbanville, Cape Town: 8-10 November 2023
·        Durban / KZN: Online only.

Book early and pay 10 % less for all new bookings received and paid by 20 September 2023. T&Cs apply - see below.

ENQUIRIES:

For in-house group bookings, a registration form, or any other enquiries, please e-mail Ronell at: events@telg.co.za or contact her on 067 317 9388 / or send a WhatsApp to 073 291 0450 with the relevant details.

INTRODUCTION

Including in this workshop are the new INCOTERMS 2020 and New AfCFTA - African Continental Free Trade Agreement and New Covid-19 Regulations.

Our programme, Guide to Importing & Exporting will introduce you to the world of international business from a beginner’s perspective, highlighting critical resources. This comprehensive package will teach you how to get started in international trade.

Over the last decade, the world has taken notice of the potential the African continent holds. According to US research house Frost & Sullivan, Sub-Saharan trade volumes are expected to quadruple by 2030 and intra-regional trade volumes are expected to increase by around 350% over this time.  With this potential around the corner - why are we not exporting more to our neighbouring countries or further up the continent already?

International Trade

Ranging from importing to exporting, compliance to government laws, harmonized code classifications to cross-cultural communications, this workshop addresses the full outline of global trade and business.

An in-depth review and real-world examples on the following topics will be covered:

1.      Introduction to and review of basic trade & transport documents

2.      How the documentation process affects payment and customs clearance.,

3.      Incoterms

4.      Import / Export regulations and compliance

5.      Role of a freight forwarder

6.      The importance of Cargo Ins.

7.      Payment methods (letters of credit, etc.)

8.      Temporary exports, and the Electronic Data Interchange (EDI).

9.      Risk components.

10.   Marine Ins.

After attending this course, you will be able to:

·        Avoid costly mistakes by understanding the ‘wheel’ of trade and its different facets

·        Learn how to apply the correct terms of sale to apply to your contract

·        Find out how different Trade Agreements like EU, AGOA, SADC etc. can help you make more money and encourage more business.

WHO SHOULD ATTEND?
This workshop is recommended for:
·        people involved in importing and exporting in RSA
·        including logistics, sales, legal, financial, import & export administration departments
·        new entrepreneurs or companies entering the field of imports & Exports.

This is not an advanced course.
The sessions are also aimed at people who has never worked in the imports or exports environment before or for those individuals who are interested in learning more about the overall process. This course is also ideal for a fresher-up for people with no more than 3-5 years’ experience in this industry or who have not had extensive experience in this industry.
________________________________________________________________

We also offer another course: Exports & Import Administration & Documentation 2-day programme dealing with the administration side of Imports and Exports covering all the necessary documentation in detail.
________________________________________________________________

COURSE OUTLINE

The New AfCFTA - African Continental Free Trade Agreement and New Covid-19 Regulations are included and covered in this programme.

IMPORT ESSENTIALS

Trade - brief outline / history

• Geography of trade

o   Learn about geographic challenges

o   Methods of transport (air, sea, road, courier)

o   Transit Delays

o   The contract between the buyer & the seller

o   The terms of Sale (Incoterms 2020) - ICC plus additional rules

§  Duties of buyer and seller in each term (EXW, FOB, CFR, CIF, etc)

§  Insurance risk in each of the above terms

§  Types of containers (Air & Sea)

§  Full costing of export product

• Regulations:

o   Import Permits - ITAC

o   Registration with SARS

o   SABS approval / Letters of Authority

o   Health & Beauty

o   Agricultural Dept. etc

o   Payment methods & Exchange regulations

§  Letter of Credit

§  Open Account

§  Forward Cover

§  SARS rates of exchange vs bank rates

o   Customs Harmonised Tariff

§  SARS Valuation

§  Calculation of Duties, Surcharges, VAT

o   Documentation

§  Commercial Invoice

§  Bills of Lading vs Air waybills

§  Packing list

o   Marine Ins.

§  Valuation - Insurable Value

§  Institute of Cargo Clauses A, B, C

§  When and who claims

§  Backing documentation

o   COSTINGS - how to cost your import shipment (if there’s time)

EXPORT BASICS

• Importance of background knowledge of country to deal with
• Contract of Sale
• Methods of payment

o   Risks & advantages

o   Reserve Bank rules

o   Regulations:

v  Second-hand goods

v  CITES permits

v  SADC Certificates

v  Certificates of Origin

v  Chamber of Commerce certification

o   Documentation

v  Bills of Lading as Document of Ownership

v  PSI - Pre-shipment Inspection

o   Insurance

v  Packaging methods

v  Claim procedures

o   Costings: how to work out FOB, CIF etc prices for your client

Risk Management

* Insurance

* Customs roles and powers

* In country laws

__________________________________________________________________

COURSE FEES

Normal fee (3 days) public venue: R8,500.00 (R9,775.00 incl. VAT) per delegate.

Normal fee (3 days) online session: R7,500.00 (R8,625.00 incl. VAT) per delegate.

Early bird fee less 10% for either public or online sessions per person for all new registrations received and paid for by 20 September 2023. Terms and conditions apply.

Group bookings for 8 or more people: email Ronell at enquiries@telg.co.za with your requirements.

Online Training Hours:
08:30 for 09:00 - 16:00 with 2 x 20 min tea breaks and 1 x 40 min lunch break.

Technical requirements for online sessions: Training will be presented live via ZOOM. Use a Smart phone / tablet / laptop / desktop including activated webcam and earphones. You will need Internet connection (3G or 4G / LTE) - minimum speed of 3.0 Mbps (up / down).