ZPPS

Name: ZPPS
Address: PO Box 45, Howard Place, , Pinelands, Cape Town, 7450, ZA
Telephone: +27846760408

Packaging professionals who care about your brand and manage your entire packaging portfolio. Packaging is a vital component of modern living.

Situated in Cape Town, South Africa, Zakwantu Printing & Packaging Supplies cc (ZPPS) was established in 2010 by partners with more than 20 years’ experience in this industry. It provides protection, portability, preservation and convenience. It also attracts consumers to our products. Our knowledge of raw materials, input costs, conversion and printing costs enable us to negotiate on our clients’

behalf. We ensure that our clients’ receive the best possible product at the best possible price. We take pride in our clients' products and ensure that their exacting standards are met 100%. Our quality assurance process and attention to detail has earned us a leading reputation in the Industry. ZPPS offers a line of packaging solutions designed to protect your product and enhance visual impact to increase sales. ZPPS assists in developing and promoting exciting, cutting-edge products to suit a wide spectrum of product types and packaging requirements. We are able to offer a complete packaging solution for our clients to enhance the in-store experience of your product and develop differentiation through quality. In addition, we align ourselves with a freight company who understands the demands of our national and international packaging clients. Our leadership, product knowledge and strategic supply chain partnerships translates into competitive advantage for our Clients. We offer a packaging solution that is the best choice for your product by advising on:

•Technical specification of packaging
•Appropriate type of packaging for your product
•Advising on special features
•Art work and design
•Providing you with a variety of options for each individual requirement
We thrive on being pushed to the limit when it comes to embarking on new concepts and responding to the needs of our clients.

07/09/2014

Telkom enables single number use

Telkom Business has introduced a Single Number service that links a landline telephone number to multiple phones, including mobile devices.

Telkom Business explained that its Single Number service ensures that “business clients are always reachable and never miss that all important call”.

“This service will enable Telkom Business customers to answer calls anywhere and from any phone,” Telkom said.

Single Number’s simultaneous ringing option enables all connected phones to ring at the same time, allowing the business to answer wherever is most convenient at any given moment.

Single Number allows calls to reach a business even if the landline goes down as a result of cable theft or weather.

“Furthermore, the solution can be easily scaled as Telkom customers can add and remove phones at an instant from a self-service portal,” Telkom said.

Customers will be charged a once-off activation fee of R30 and a monthly subscription that starts at R99.

Calling Single Number will result in normal call charges to a landline for the caller, irrespective of whether the call is answered on a mobile phone, ensuring that the caller has peace of mind and is charged minimally.

Single Number also links other network operators’ mobile customers, and calls answered on these phones will result in charges at standard rates.

20/08/2014

Shoprite, Spar eat words over food storm

Food behemoths Shoprite and Spar tried this week to defuse the row over whether their stores altered or removed food labels on outdated food products that could make people ill.

Revelations this week that the National Consumer Commission (NCC) found 84 retailers in Mpumalanga and North West guilty of tampering with labels of many basic food items — such as eggs, milk, tea, mincemeat, baby formula and cheese — caused alarm.

Commission inspectors expressed “shock” at what they found, including labels being torn off or false expiry dates pasted over the real dates. Such acts are criminal under the Consumer Protection Act, with jail terms a real possibility while people who bought expired food could face food poisoning.

This is the latest food scandal to hit the country’s retailers after a University of Stellenbosch study in April last year found 60% of 139 meat products tested contained anything from donkey to water buffalo.

In this week’s food scandal, Shoprite and Spar were again accused of being at fault.

Spar’s marketing executive, Mike Prentice, said the stores concerned had “undertaken to correct” the irregularities after the investigations in June.

But he expressed frustration that the commission would not provide the reports to Spar.

“We take food-safety legislation seriously, and having sight of these reports would help us to assist our individual retailers in complying, as well as taking disciplinary action,” said Mr Prentice.

Shoprite said that it had investigated the matter, and “taken disciplinary action where applicable”.

Although the commission was clear that Shoprite was an offending party, the food chain run by Wh**ey Basson claimed surprisingly that there was no specific finding that any Shoprite store tampered with labels or applied false labels.

“According to our knowledge, the oversights relating to expiry dates found by inspectors in Shoprite were isolated,” it said.

Shoprite said that an average store carried up to 30,000 food products, and human errors occurred from time to time.

However, rivals have turned up the heat.

Massmart said changing the labels was “illegal” and would, in its company, “result in immediate disciplinary action”. The company, which owns Game and FoodCo, said it had “pro-actively initiated an immediate internal review to reinforce labelling standards”.

The Times newspaper reported this week that Ntsako Khoza, the head of the NCC’s inspection team, said one shop manager had admitted he had instructed his staff to remove the labels from products that had passed their expiry date.

He claimed he did not have enough time to sell the products, and was losing money.

14/08/2014

Woolworths acquires remaining 49% stake in its Zambian business

Woolworths has concluded terms to purchase the remaining 49% shareholding in its Zambian business. This purchase is another key step in Woolworths African expansion strategy. There are currently four stores in Zambia and there are plans to expand and open additional stores in Lusaka, Kitwe and Solwezi over the next two years.

Woolworths acquisition in Zambia represents the ongoing commitment to investing in and growing our African business. Growing African markets will drive future profitability and deliver on the group’s strategy to be a leading Southern Hemisphere retailer.

“This acquisition of our Zambian business is another important step in investing in our African business and will enable us to ensure we deliver the same brand experience to all our customers,” said Paula Disberry, Woolworths Group Director, Retail Operations.

Our focus is to become the favourite retail destination for our Zambian customers by providing a fabulous shopping experience, offering high quality products at prices which are surprisingly affordable.

Woolworths has traded successfully in various African countries outside of South Africa for the past two decades. It currently has 61 corporate stores in 11 countries including Botswana, Namibia, Lesotho, Swaziland, Ghana, Kenya, Tanzania, Uganda, Zambia, Mozambique and Mauritius.

14/08/2014

Spar buys stake in Irish supermarkets

Spar has acquired 80% of the BWG Group, a major food and retail company operating in Ireland and southwest England, buying up a portfolio of large-format supermarkets, forecourt shops and neighbourhood convenience stores

The Durban-based retailer — which is 42% owned by offshore funds in the US, UK and Singapore — said on Monday that the acquisition would give it a platform for international expansion at a time when the Irish economy was starting to recover from the global financial crisis.

The BWG Group owns the Spar brand in Ireland. It has 421 Spar stores and an estimated 35% share of the Irish convenience store market.

Spar’s stock shot up 5.29% on Monday’s announcement.

The deal was sealed by a cash payment of €55m (R783m). This will help settle some of the BWG Group’s bank debt, cancel outstanding share warrants held by various banks, and provide funding for the business.

Spar CEO Graham O’Connor said on Monday that the acquisition included servicing more than 1,100 stores — including 100 company-owned stores — with total annual turnover of about €1.2bn.

"It’s exciting news. We played (the transaction) pretty close to our chests. We said we were keen on equity and a majority stake," Mr O’Connor said.

"It’s taken more than one-third of debt off the (BWG Group) balance sheet."

Spar said it had entered a rand-denominated short-term loan to fund the buyout, on the strength of its ungeared balance sheet. The South African retailer will also consolidate a further €131m of debt attributable to the BWG Group.

Spar also entered an agreement with minority shareholders requiring them to sell their 20% stake "over a three-year period, five years from the date of the transaction".

The transaction is effective from August 1 this year.

BWG Group will continue to be led by group CEO Leo Crawford and the existing management, with no immediate changes to the businesses.

Spar will have a controlling interest on the new board and will collaborate with the operational team in Ireland, providing vital strategic input.

The two groups had been in discussions for five months.

Spar’s pro-forma net asset value per share will increase 10.4% after the acquisition of minority interests.

Mr O’Connor said revenue from BWG Group operations was 32% of the South African group’s revenue and would immediately add about 7% to profit.

The Spar brand was founded in the Netherlands in 1932 and had more than 12,000 retail stores in 35 countries through various partnerships by the end of last year, says its website.

Sasfin Securities senior equity analyst Alec Abraham said yesterday that the buyout would allow Spar to improve the margins of the BWG Group business, benefiting its own bottom line, as top-line growth in SA came under more pressure.

"(Spar’s) earnings growth potential has been fairly muted and they desperately needed another source of revenue," Mr Abraham said.

Spar’s net income rose 9.4% to R642.9m in the financial first half, the company said in a statement on May 21.

Mr O’Connor said the company had been enticing shoppers with regular discounts as consumers battled higher unemployment, increasing household debt and rising interest rates.

Spar shares gained the most in four months on August 1 after the company said it was in talks that might affect the share price.

The stock has fallen 1.5% this year, compared with a 0.2% fall on the FTSE/JSE Africa food and drug retailers index.

14/08/2014

Investigation uncovers unlawful food labelling

Some of the country’s major retailers have been implicated in a food labelling scandal that could see consumers suffering from diarrhoea, vomiting and, in severe cases, death.

A recent National Consumer Commission investigation has lifted the lid on a widespread practice of unlawfully altering, replacing and removing food labels.

The probe found 84 retailers in Mpumalanga and North-West, including Spar, Shoprite, U-Save and OK Foods, guilty of labelling offences of many basic food items such as eggs, milk, tea, mincemeat and baby formula.

Commission inspectors said they were "shocked" by what they found. This included food labels being tippexed out, labels being torn off, ingredient lists missing and homemade labels being placed on the original label containing a new, false expiry date. Some items had no labelling whatsoever.

The commission plans to roll out its investigation to the rest of the country, believing labelling crimes are rife.

This is largely because some of the 84 shops included those with a countrywide presence. Many spaza shops and general dealers were also at fault.

It is an offence under the Consumer Protection Act to alter, falsify or remove a food label, and those found guilty face up to 12 months’ imprisonment or a fine of R1m or up to 10% of their annual turnover.

The consequences for unsuspecting consumers can be severe.

Food microbiologist and food safety expert Lucia Anelich said that while food that had passed its expiry date was not always dangerous to eat, it could lead to food poisoning that, in extreme cases, could be fatal.

"There is no ‘one answer fits all’ but, generally speaking, the vulnerable sectors of the population — young children, the elderly, those with compromised immune systems and pregnant women — are more susceptible to food poisoning and to more severe effects of food poisoning."

Prof Anelich said these included kidney failure, birth defects and meningitis. More common, she said, was that the quality of food was affected once it passed its expiry date.

Head of the commission’s inspection team, Ntsako Khoza, said that one shop manager had admitted that he had instructed his staff to remove the labels from products that had passed their expiry date, saying he did not have enough time to sell the products and was losing money.

The commission’s head of investigations, Prudence Moilwa, said all the guilty shops had signed consent orders undertaking to rectify their wrongful practices.

Consumer law expert Trudie Broekmann said that it would be a criminal offence to contravene these orders.

Mr Broekmann added that the commission’s findings served as a "wake-up call for retailers".

"This could cause phenomenal damage (to a retailer’s image) in the eyes of the consumer. These things can open retailers up to big claims, including legal and medical expenses and compensation for the harm caused to the consumer," he said.

Some of the major retailers said individual franchise owners were responsible for the breaches.

Sarita van Wyk, spokeswoman for Shoprite Checkers group, which includes OK Food and U-Save stores, attributed failures to human fault.

"An average store in the supermarket group carries up to 30,000 food products and human error will unfortunately occur from time to time on individual products." Ms Van Wyk said that OK Foods was managed by individual franchisees and she could not speak on their behalf.

Similarly, Spar Group merchandise executive Mike Prentice said: "All of the Spar stores are actually owned by the independent retailers and are therefore managed separately and are not owned by Spar the listed company. As a result, they do not have reporting channels on all events that take place at store level."

06/08/2014

Business rescue under scrutiny as remedies fail to save stricken firms

The efficacy of the business rescue process is under the spotlight, with questions being asked whether it is actually helping to salvage financially troubled companies as intended.

The Department of Trade and Industry and the special committee on company law chaired by Michael Katz have commissioned a study of the dynamics of the system, established three years ago under the new Companies Act.

The Companies and Intellectual Property Commission (CIPC) is also looking to tighten regulations on business rescue practitioners who take over the management of troubled companies to revive them.

According to the CPIC’s latest statistics there have been 1,398 business rescue proceedings since May 2011, when the regime was introduced. By last month, 939 of these were still active and 459 had terminated — 172 on substantial implementation or completion of the rescue plan, 176 on abandonment of the project and 101 by means of liquidation.

University of Pretoria business management professor Marius Pretorius, who will undertake the study, roughly estimates that the success rate for business rescue could be as low as 12%, largely due to many practitioners’ "incompetence".

Resistance on the part of banks had not helped, especially when withholding finance once the rescue process had begun.

Prof Pretorius said banks and practitioners blamed each other. "The practitioners blame the banks for not supporting business rescue, and the banks blame the practitioners for being incompetent."

He warns the industry could get a bad reputation, especially among banks, which could opt for liquidation instead. But he says it is still early days to pass judgment. "The good business rescue practitioners are using it well but, just as with liquidations, there are lots of unscrupulous people. There are many complaints about exorbitant fees, practitioners stretching the process, failure to report."

One of the weaknesses of the South African system, Prof Pretorius said, was that it had no dedicated courts with specialist judges. This had resulted in contradictory judgments being handed down. "Every time a judge is appointed he might never have seen a case of business rescue and has to start from scratch," he said.

Another problem is that the act provides for two objectives: reorganisation of the business, or if this is not possible, a better return for creditors, which Prof Pretorius said is basically a "glorified liquidation".

Also, as secured creditors, the banks tend to dominate. "If the bank has more than 25% of the voting powers, it has full power, as you need 75% of the votes to approve a plan." If they don’t vote in the plan, the company goes into liquidation, which could be the better option for the banks, which often want their money quickly.

The Banking Association of Southern Africa’s GM for regulatory and legal affairs, Nicky Lala Mohan, strongly rejected the suggestion banks were resistant.

"I don’t think there is resistance. There have been a lot of business rescues that have gone through successfully with the co-operation of banks," he said.

"More often than not the business rescue proposition presented to the banks is a no-go from the start."

The CIPC has begun to add further conditions to the licences it issues to practitioners for each individual case of business rescue to compel them to comply with the Companies Act.

CIPC deputy commissioner Rory Voller said some practitioners failed to abide by the rules on timelines, reporting, calling of meetings and notification to interested parties. They have been accused of extending the process beyond the three months stipulated without filing the necessary reports in order to earn more fees, even though there is no prospect of the company being rescued.

"We want to play a bigger role as far as the business practitioner regulation is concerned. If we issue a licence and there is a complaint, we can withdraw the licence," Mr Voller said.

30/07/2014

Do you study your till slip?

Do you check your supermarket till slip, or just toss it without a glance? It’s not nearly as engaging a habit as checking Facebook or Twitter, but the practice is more likely to benefit you in a tangible way.

Earlier this month, Davy Ivins wrote to Consumer Talk about two incidents which converted him into a dedicated till slip interrogator.

Within two weeks he had two near identical experiences at two branches of Pick n Pay involving unauthorised cash “withdrawals”.

Many consumers request “cashback” at the till rather than join a separate queue at an ATM. Their chosen amount is added to the till total.

Ivins’s first incident happened at Pick n Pay in Northgate. His groceries amounted to R210. The cashier activated an unrequested cash withdrawal of R1 000, which he noticed immediately.

“I was then given the option of taking the cash or reversing the transaction,” he said. “The cashier, and subsequently a manager at the store, explained that the PnP till system is susceptible to unintentionally capturing such unauthorised withdrawals and that their system developers are aware of the problem.

“He said the unrequested withdrawals happen regularly and are caught at the end of the day when cashiers don’t balance, at which point they apparently know to look for cashbacks and then contact the respective customers.”

A week later, in PnP’s Woodmead store, Ivins had a R50 cash withdrawal added to his grocery total without request. Again, he noticed. “I took it up with the manager on duty and was promised that the issue would be addressed.”

When he hadn’t had any feedback two weeks later, Ivins tweeted about his experience, sparking an immediate response and investigation by the two branches. “I was asked for copies of the till slips, both branches kept me informed about steps they had taken, and I received an apology.”

“My concern is that PnP may have a till system that is prone to defrauding customers, that they are apparently aware of, but that does not appear to be getting fixed very quickly. Or cashiers have found a way to easily steal money from unsuspecting customers via the cash withdrawal system.”

Responding, Pick n Pay’s business intelligence general manager, John Swanepoel, said a thorough investigation of the incidents had revealed that it wasn’t the system which was at fault, but rather “a case of two cashiers making the same mistake”.

“That doesn’t mean we take this lightly, and we will be making some tweaks to our tills to make sure the cashback key is not inadvertently selected by the cashier, which is what happened here.

“We are grateful for the warning, and while we would advise all customers to always check their till slips wherever they shop, there is no system error, but rather a case of human error. We have communicated to our staff that they need to be extra vigilant in this regard.”

A search of the Consumer Talk inbox revealed an earlier complaint about the same issue, from a consumer who asked to remain anonymous. His wife bought R420 worth of groceries at PnP’s Cape Town Waterfront branch in February, using her debit card.

“On checking her till slip, she noticed she’d been debited an amount of R1 170, which included R750 recorded as cashback, which she had neither requested nor been given. On pointing this out, she was given the R750 in cash as it was not possible, she was told, to reverse the transaction.

Moral of the story: take a good look at your till slip and credit card slip while you’re in the store. Once you’ve left, it will be much harder and more time consuming to prove you didn’t get the “cashback” you were charged for.

Never discard receipts

Always, always insist on being given a receipt. Many smaller stores simply don’t produce them unless they are asked to, which is illegal in terms of the Consumer Protection Act (CPA).

When I challenge the store on this, I’m always told the same thing: “Most customers don’t want them.”

Section 26 of the CPA says a supplier “must” supply a written record of each transaction to the consumer, not only if the consumer asks for one. That sales record can’t be vague: by law it must include the store’s name, address, date of purchase, quantity and description of goods and taxes paid.

Street vendors are exempt from this provision.

Apart from revealing any overcharging, you have no recourse without proof of purchase.

The CPA entitles you to return a defective item within six months for your choice of a refund, replacement or repair – provided you can produce proof of purchase.

Always insist on a “till slip”, take a quick look at it in the store to check that all is in order, and then keep it in a safe place – a drawer, a spike, or a shoe box. I am unable to help many people, with valid cases, because they have lost or discarded receipts.

14/07/2014

SA's economic growth likely to be cut

The International Monetary Fund (IMF) is likely to cut South Africa’s economic growth forecast for the third time in under a year as it becomes clear that Eskom’s limited electricity supply and repeated strikes are weighing on economic growth.

SA’s growth forecast likely to be cut for the third time The IMF cut South Africa’s economic growth forecast for this year to 2.3% in April from 2.8% in January and 2.9% last October.

Another cut by the IMF will be a blow to the government as it tries to rebuild confidence in the economy after Standard & Poor’s (S&P) cut South Africa’s rating to one level above junk last month.

IMF senior representative in SA Axel Schimmelpfennig said on Wednesday that incoming data and developments since the April growth projections had been weaker than anticipated.

"Later this month the IMF will release its July world economic outlook update and I would expect that we will revise down South Africa’s growth outlook for 2014, in line with other observers," he said.

South Africa’s challenges are both home-grown and globally inspired. Strikes and power outages are contributing to low output, while a sluggish pace of recovery in the global economy prevents a strong pick-up in export volumes.

Higher global economic growth and demand would benefit local exports, although South Africa might have to wait longer for this. IMF MD Christine Lagarde warned recently that global growth could underperform for a while longer.

A strike at platinum mines — the longest the country has seen — ended towards the end of last month and was the main factor behind faltering economic growth in the first half of the year.

HSBC SA economist David Faulkner said on Wednesday that a rebound in economic growth was "far from assured", even though the strike had been resolved.

The Reserve Bank cut its economic growth forecast to 2.1% from 2.6%, which is slightly more optimistic than some projections.

14/07/2014

New bills a job killer for SA

There are three bills awaiting signature on President Jacob Zuma’s desk which, if passed, will kill more jobs, DA leader Mmusi Maimane warned.

“These are pieces of legislation that will be quite harmful to job creation,” he told a Cape Town Press Club meeting.

Noting South Africa was facing a jobs crisis of huge proportions, he said the country’s recently-elected fifth Parliament needed to review and amend such “job-killing bills”, which the previous Parliament had passed.

Among these was the Labour Relations Amendment Bill.

“The bill will create a state-run employment agency, and put it into competition with private employment agencies. It… will also control the fees private employment agencies can charge.”

It would destroy competition, kill existing jobs and create a potential “monopolistic” agency.

“It is nothing more than the ANC’s plan to appease unions,” Maimane said.

Another bill his party strongly opposed was the Mineral and Petroleum Resources Development Amendment Bill.

“In its current form, the bill fosters no market confidence in South Africa’s oil and gas mining future.”

It contained more than 30 instances in which rules could be determined by regulation rather than legislation.

“This provides no predictability and no certainty for investors, it also leaves the door wide open for potential corrupt activity.”

The bill was “bulldozed” through Parliament’s two Houses.

Another “highly problematic job-killing” measure was the Private Security Industry Regulation Amendment Bill.

This contained changes that would “allow the minister of police… to expropriate more than 51% of private security companies if owned by foreign nationals”.

Such restrictions would discourage investment in the sector.

“These three bills currently sit with the president for signature into law, and the DA has petitioned President Jacob Zuma to send these bills back to Parliament… .

“President Zuma must furnish us with legal opinions that he has obtained in respect of the constitutionality of these bills, including whether the procedure for the passage of these bills was in fact constitutional,” he said.

14/07/2014

Still not paying for e-tolls?

Outa chairman, Wayne Duvenage says that more people are not tagged and not paying for e-tolls than those who are. Duvenage estimates that between 35% and 40% of Gauteng road users are tagged for the e-toll system.

SABC News presenter, Leanne Manas, quoted Duvenage as saying that he believes that the unpaid e-toll bill is at as much as R1 billion. The project launched in December last year.

Manans noted that Sanral’s target is to collect R260 million from highway users each month; however, Outa predicts that the system collects between R80 million – R90 million, mainly from business.

Gauteng Premier, David Makhura, will announce the panel which will review the impact of e-tolls at a media briefing later on Thursday (10 July).

Makhura announced the review during his state-of-the-province address late last month.

“We shall set up a panel to review the impact of e-tolls and invite new proposals on how we can find a lasting solution to this matter, working with the national government, municipalities and all sectors of society,” he said at the time.

“While we shall not promise easy solutions and claim easy victories, we must make it clear that we cannot close our eyes to the cries of sectors of our population who are severely affected by the cost of traveling across the province.”

Is it a criminal offence to have outstanding e-tolls?

Justice Project South Africa (JPSA) noted that the Sanral Act provides for both, criminal and civil prosecution for failing and refusing to pay any toll.

However, this Act was promulgated in 1998, in the same year as the AARTO Act was promulgated, long before e-tolls were even contemplated as a mainstream way of collecting tolls and long before the AARTO Act was implemented.

“JPSA has been and remains of the opinion that e-tolls transgressions must be dealt with under the AARTO Act where it is in force and has raised this matter with the relevant authorities,” it said adding that those authorities have “chosen to ignore us”.

What are the penalties for not paying e-tolls?

The Sanral Act does provide for a fine or imprisonment for up to 6 months, or both a fine or imprisonment for failing and refusing to pay a toll, JPSA said.

“However, because it was written long before e-tolls were even contemplated, it doesn’t contemplate whether such a sentence would be imposed for a single transgression or what Sanral likes to refer to as ‘rolled up’ transgressions.”

The Justice Project said that, while it is highly unlikely that judicial officers would choose to imprison people for this offense, “it is not beyond the realms of possibility that this could happen in trying to ‘make an example’ of e-toll defaulters”.

When it comes to the civil side of things, the JPSA said that the Sanral Act makes provision for a civil penalty of R1,000 to be imposed for failure and refusal to pay toll.

14/07/2014

Sars serves order on Africa Cash & Carry

The SA Revenue Service (Sars) served a preservation order on Africa Cash & Carry on Thursday morning. The general dealership was recently involved in a corruption allegation against former Financial Services Board (FSB) chief financial officer Dawood Seedat.

Africa Cash & Carry chief executive Edrees Ahmed Hathurani last month alleged that Seedat accepted R12 million from him after threatening to close down his business through a Sars investigation. Hathurani said he was fearful of what Seedat could do and he paid the money.

After the corruption allegations emerged, Seedat stepped down from the FSB.

And this morning, The Star received calls that a massive raid was taking place at the business premises in Crown Mines.

But Sars spokesman Adrian Lackay said they were not raiding anyone: “We are not confiscating anything.

“What we are doing is a procedural thing. We will be able to provide details later,” he said.

According to Africa Cash & Carry spokesman Imran Khan, a group of 15 to 20 Sars officials arrived at the wholesaler at about 8am and closed the entrance.

He said a preservation order was served on Africa Cash & Carry, with the documentation handed over to their legal representative Saleem Ebrahim.

Khan said that such a display from Sars was “bullying tactics” and that the company would be contesting the preservation order in court.

However, he said that the officials were “civil” and after a walkaround inside the wholesaler’s offices, they left before 8.30am.

By 9.15am it was business as usual at the company’s premises on Main Reef Road.

The Star understands that a preservation order is done to ensure there are enough assets to cover a tax debt.

A trial date on Africa Cash & Carry’s tax matter has been set for September.

Address

PO Box 45, Howard Place, , Pinelands
Cape Town
7450

Telephone

+27846760408

Website

http://www.zpps.co.za/products

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