Quote Originally Posted by Vanash Naick View Post
100% ... the only reason they can make a decent profit is because they buy clothing and shoes from China for resale.
According to SA Customs, duties are paid on only 40 % of the declared exports from China to South Africa. In other words, 60% of our imports from China is not declared. Customs is therefore losing out on 60% of the tax they should have collected!

The vendors at flea markets mostly charge VAT, but are not registered and therefore pocket an additional 14% of your money. There is of course no guarantees and no refunds. If the quality is no good - that's your problem.

The local shopkeeper pays rent, water & lights, UIF, licences, taxes, minimum wage and then hope to have something left at the end of the month. He will also exchange defective goods. No wonder he can not compete!