Page 5 - Trade Finance Profile

OUR ECONOMY

International trade is an integral part of supplying goods for the domestic market and while
importers can benefit from the cost advantages of sourcing goods globally, they must weigh
these up against longer lead times, supply chain disruptions, and the need for larger inventory
levels.

In addition to this, our economy is highly vulnerable to interest and foreign exchange risks and
the condition of the domestic monetary market and political climate can greatly influence the
way a company finances its cash flow. As South Africa relies heavily on imports, exchange rate
volatility has a direct, and often, negative impact on trade and margins.

Now, more than ever, importers need to manage the financial supply chain and take comfort in
a reliable physical supply chain. We provide an innovative ‘Start-to-Finish’ trade finance facility
which is designed for the South African importer. This bespoke service is the result of combining
a Trade Finance element with our Freight Forwarding and Customs Clearing services, delivering
a fully integrated and tailored supply chain package.

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www.turnerstradefinance.co.za