• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Mchunu tightens regulations for scrap metal dealers in SA

Simon Osuji by Simon Osuji
July 14, 2024
in Infrastructure
0
Mchunu tightens regulations for scrap metal dealers in SA
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


Waste pickers will have slight exemptions in the new scrap metal regulations.

Waste pickers will have slight exemptions in the new scrap metal regulations.

The amendments cover various aspects of the scrap metal trade, such as registration, record-keeping, reporting, payment, and accreditation.
All scrap metal dealers are now required to provide comprehensive details about their operations.

Related posts

AfriSam and Promise use billboards to build homes

AfriSam and Promise use billboards to build homes

February 13, 2026
Investors eye Gauteng as adaptive reuse sparks new growth

Investors eye Gauteng as adaptive reuse sparks new growth

February 12, 2026

This includes the business name, registration number, trading name, and contact information, as well as personal details of the responsible person managing the business.

Additionally, every employee’s identity numbers must be recorded and verified, ensuring traceability within the industry.

Dealers must maintain detailed records for each transaction, including the type and grade of metal, delivery times, and methods used for identity verification of sellers.

This measure is designed to prevent stolen metals from entering the market and to assist law enforcement in tracing the origins of scrap materials.

Enforced compliance

There are also further mandates for dealers to be members of accredited associations, with their accreditation numbers and responsible persons’ details clearly documented.

This ensures that all players in the market adhere to a set of standards aimed at maintaining industry integrity and ethical practices.

For dealers or recyclers operating from multiple locations, the regulations stipulate the maintenance of corresponding registers at each site.

This will help ensure that movement and storage of scrap metal are consistently documented and seeks to maintain uniform compliance across all operational premises.

By tightening the regulatory framework, the government aims to curb illegal trade practices and promote fair competition within the industry.

Industry must familiarise with new regulations

Industry stakeholders are encouraged to familiarise themselves with these changes and ensure that their operations are fully compliant because non-compliance will attract strong penalties, as part of its broader efforts to clean up the sector.

The scrap metal industry plays a vital role in the country’s economic and environmental landscape, as it provides raw materials for various sectors, such as infrastructure and utilities, and reduces waste and pollution.

By implementing these changes, South Africa aims to create a more robust and sustainable industry that contributes positively to the economy and society.



Source link

Previous Post

SICO Capital announces new board of directors

Next Post

UK investment needed in Asia’s offshore wind supply chain

Next Post
UK investment needed in Asia’s offshore wind supply chain

UK investment needed in Asia’s offshore wind supply chain

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

The Military-Biopharma Pipeline: How Service Can Prepare You for Industry Work

The Military-Biopharma Pipeline: How Service Can Prepare You for Industry Work

3 years ago
Ida Odinga, Waiguru Attend G7 Strategy Launch In New York

Ida Odinga, Waiguru Attend G7 Strategy Launch In New York

2 years ago
Want to Stream With No Ads? That’ll Cost You

Want to Stream With No Ads? That’ll Cost You

2 years ago
Biden Administration Announces $8B Arms Sale to Israel

Biden Administration Announces $8B Arms Sale to Israel

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.