A ‘Levy’ is collected from all thoroughbred horses imported into South Africa.
The Trade Development Levy was originally introduced soon after the formation of the SA Horse Import & Export Council in 2002 to assist with the funding of various initiatives related to the export business including the funding of the work of the SA Equine Trade Council, t/a “Racing South Africa”.
In an attempt to combat the unlevel playing field that our competitors enjoy as a result of the prevailing quarantine restrictions imposed on South African horse exports, the Board of The SA Equine Trade Council has increased the Trade Development Levy back to its original value of R10 000 per horse with effect from 1 April 2015.
The objectives of the proposed increase are:
- To increase the marketing budget for international promotion.
- To grow foreign investment.
- To support appropriate export related projects as determined by the Trade Council Board.
Any queries regarding the Levy can be addressed to Acting CEO, Peter Gibson at [email protected]