Cape Town - The Transnet strike from May 10 to 27 could, said Finance Minister Pravin Gordhan, potentially have had an impact on imports and exports. But actually the number of transactions processed by the South African Revenue Service (Sars) in both directions increased by around 4%.
"In value terms, imports increased by 3% from April to May and exports increased by 7%," the minister said in a written reply to a parliamentary question from Greg Krumbock of the Democratic Alliance.
"Revenue collections for customs and excise duties remained buoyant during and after the Transnet strike," he said.
"The trends for fiscal Q1 2010/11 show a marked year-on-year growth in these duties, from R22.8bn to R25.8bn. A month-on-month comparison shows that the revenue collections increased by R0.3bn to R9.3bn in June 2010."
Gordhan added that the export of agricultural products and base metals (such as iron steel and copper) seems to have been particularly affected during the month of May.
However, exports seem to have recovered in June, as vegetable products increased month-on-month by R1.3bn (92%), prepared food stuff and tobacco R1.2bn (78%) and base metals R3bn (45%).
"In value terms, imports increased by 3% from April to May and exports increased by 7%," the minister said in a written reply to a parliamentary question from Greg Krumbock of the Democratic Alliance.
"Revenue collections for customs and excise duties remained buoyant during and after the Transnet strike," he said.
"The trends for fiscal Q1 2010/11 show a marked year-on-year growth in these duties, from R22.8bn to R25.8bn. A month-on-month comparison shows that the revenue collections increased by R0.3bn to R9.3bn in June 2010."
Gordhan added that the export of agricultural products and base metals (such as iron steel and copper) seems to have been particularly affected during the month of May.
However, exports seem to have recovered in June, as vegetable products increased month-on-month by R1.3bn (92%), prepared food stuff and tobacco R1.2bn (78%) and base metals R3bn (45%).