South Africa wasn’t tough enough on Shein and Temu

• South Africa has refused to let Shein operate in the country without entering into arrangements with local manufacturers
• The platforms' low pricing and exploitation of an import duty loophole significantly disrupted the local textile markets, prompting accusations of tax evasion
• The South African Reserve Bank and the Financial Surveillance Department have announced plans to monitor payment aggregators that facilitate payments on platforms such as Temu and Shein