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Swift Traders Ltd is a resident of the Republic. It carries on business as a retailer from its head office in South Africa. It also
Swift Traders Ltd is a resident of the Republic. It carries on business as a retailer from its head office in South Africa. It also operates a deport in Harare, Zimbabwe, from where sales are made to customers living in Zimbabwe. This deport in Zimbabwe is not regarded as an independent branch. Swift Traders Ltd is registered as a Category A vendor. The following amounts include VAT, when applicable: Receipts and accruals July August September R R R Cash sales of merchandise to local customers from South Africa head office Payment received in advance from a local customer for goods delivered and invoiced on only October Cash sales from the depot in Zimbabwe to Zimbabwean customers. These goods were forwarded to the depot on July and were all sold by October Indemnity award received on an insurance claim for trading stock stolen in transit to a local customer. Interest earned on a loan to a subsidiary company in So
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