GOVERNMENTS/ASSOCIATIONS/FASTENER GROUPS
South Africa’s Proposed Tariff Hike on Fasteners
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2025-07-02
The South African government is considering increasing the import tariff rate on various fasteners to 30%. This move aims to stimulate domestic production and create jobs. However, industry bodies like the South African Photovoltaic Industry Association (Sapvia) have expressed concerns that higher tariffs may increase costs for solar panel and battery manufacturers, potentially hindering renewable energy growth. The proposal reflects a balancing act between protecting local industries and supporting the country’s green energy ambitions.
In specifics:
• Other wood screws are currently duty-free, but tariffs could be raised up to 15%.
• Self-tapping screws are currently duty-free, with a potential increase up to 30%.
• Bolts used in aircraft are currently duty-free, with a possible increase up to 30%.
• Stainless steel fully threaded hex head screws and bolts currently have a 10% tariff, which could be raised up to 30%.
• Most stainless steel nuts are duty-free, but tariffs could increase up to 30%. Hex nuts with nylon inserts currently have a 10% tariff, with a possible increase to 30%.
• Among washers, split or double coil spring washers currently have a 10% tariff, potentially rising to 30%, while other washers are currently duty-free, with a possible increase up to 30%
南非
扣件
關稅
太陽能板成本
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South Africa
fastener
tariff
solar panels
battery
protectionism
green energy
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國際展會
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