Industrialisation Begins, 1910–33

Stuart Jones and André Müller
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Stuart Jones: University of the Witwatersrand
André Müller: University of Port Elizabeth

Chapter 5 in The South African Economy, 1910–90, 1992, pp 63-76 from Palgrave Macmillan

Abstract: Abstract After the Anglo-Boer War of 1899–1902, all the territories which later constituted the Union of South Africa were under British control, which greatly facilitated the creation of a common market for the whole area. In 1903 a South African Customs Union was established, comprising the Cape, Natal, Transvaal and Free State as well as Rhodesia, Basutoland, British Bechuanaland and Bechuanaland Protectorate. Swaziland joined in 1904. The customs union convention provided for a uniform tariff on imports, an equitable sharing of the customs revenue collected, and free trade between the parties. The general ad valorem rate was a revenue duty of 10 per cent but there were specific goods which were subject to higher rates while a considerable number of articles were either duty-free or taxed at low rates.

Keywords: Secondary Industry; Iron Foundry; South African Economy; Custom Tariff; Uniform Tariff (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22031-1_5

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DOI: 10.1007/978-1-349-22031-1_5

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