Shein and Temu feel the heat as South Africa closes tax loophole – TechCentral

TechCentral

South Africa’s closure of a tax loophole benefiting global e-commerce retailers like Shein and Temu is impacting consumer behavior, with some rejecting higher prices. The move by the South African Revenue Service last November ended the de minimis practice, leveling the playing field for all traders. Local fashion CEOs note a slowdown in international online giants entering the market.
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