Kaapi Machines raises 50 crore rupees from Sedna HoReCa to expand business

The International Trade Administration Commission of South Africa (ITAC) announced a decision to increase the customs duty on imported peanut butter from 0.99 cents per kilogram to 20% following an investigation.

This decision was made amid growing pressure on local peanut butter producers, who are facing increased imports, rising production costs, and declining sales. The ITAC recommendation followed a submission by RCL Group Services (Pty) Ltd, which requested a tariff increase to 25%.

The ITAC investigation revealed that volumes of domestic production, sales, and capacity utilization have decreased, while imports have significantly increased. According to the commission's data, India remains the main source of imported peanut butter, creating constant price disadvantages for local producers compared to imported goods.

The commission also noted that rising costs for raw materials, labor, and operations are putting pressure on domestic manufacturers. However, the commission stated that a temporary preferential measure on imported peanuts could lower input costs for domestic processors and enhance the competitiveness of local producers, offsetting potential increases in customs duties.

Consequently, ITAC recommended raising the overall customs duty rate on peanut butter from 0.99 cents per kg to 20% ad valorem to find a more suitable balance between supporting domestic production, stimulating added value, and maintaining consumer affordability.

Furthermore, the commission decided to independently initiate an investigation into establishing a temporary preferential quota for peanuts. This investigation will assess the possibility of implementing a discount mechanism to boost the competitiveness of local peanut butter producers by reducing raw material costs.

Parkonic has started managing a ticketless paid parking system at the Wafi Mall in Dubai. Payments for drivers will be made automatically through their Salik accounts.

The new system allows visitors to pay for parking in two ways: by scanning a QR code located near the facility signs, or if payment was not made, the amount will be debited from the Salik account upon exit.

As soon as a resident enters the mall's parking lot, the vehicle's license plate is scanned and serves as a digital ticket, eliminating the need for physical tickets.

Paid services are available from Monday to Sunday, as well as on public holidays. Tariffs are set as follows: after a two-hour interval of the next session, three additional free hours are provided during the same day.

Furthermore, if a visitor re-enters Wafi Mall after three hours of free parking, they will be considered a new entry and will not again be entitled to free parking after a two-hour waiting period.

It is important to note that cash payments are not accepted and there are no parking meters at this location. Vehicles used for loading and unloading operations are entitled to an additional hour of free parking upon confirmation.

Visitors who have not paid the applicable parking fees may face fines, being placed on a blacklist, and/or legal proceedings. Those without a Salik account or insufficient balance must use an alternative payment method before exiting.

Recently, the parking operator began managing paid parking in West Yas Plaza, Yas Bay, and Yas Marina in Abu Dhabi, as well as at selected Choithrams network locations across the UAE, Discovery Gardens in Dubai, and Palm Jumeirah Crescent.

For those considering upgrading their smartphone, Amazon offers various options from the iPhone line at competitive prices. Three notable models—the iPhone 15 and the iPhone 16—have been selected so that consumers can compare and decide which best suits their needs and budget.

The iPhone 15 was launched equipped with the A16 Bionic chip, a 6.1-inch Super Retina XDR display, and a 48 MP main camera with 2x optical zoom capability. This model also introduced the USB-C port, replacing the old Lightning connector, in addition to the Dynamic Island feature, which intelligently manages notifications and alerts at the top of the device. The Blue color is highlighted as one of the most elegant options available in the line.

The Black version of the iPhone 15 maintains the same robust set of specifications found in the Blue model, including the A16 Bionic chip, the 48 MP camera, USB-C connectivity, and Dynamic Island. This color is presented as a classic alternative for users who prefer a more discreet design but without sacrificing the high performance and build quality established by Apple.

The iPhone 16 was launched with the A18 chip, which offers a more efficient architecture and is prepared to support Apple Intelligence artificial intelligence features. It also features a new physical button dedicated to camera control, improvements to the photographic system, and support for enhanced 4K video resolution. For those seeking the latest model within the standard line, it is considered the most complete option in this selection.

Due to the constant variation in stock of these devices on Amazon, it is recommended to access the links immediately to check availability and secure the purchase before promotional conditions change. It is an opportunity to upgrade your smartphone.