GARY MOORE: Small business minister’s masterplan proposes unnecessary distractions

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Business News News

Draft document is a patchwork of proposals, most of them bad

A worker sews face masks in Johannesburg. Picture: ALAISTER RUSSELL/THE SUNDAY TIMES

A piece of legislation that governs a certain economic sector might have certain provisions that unduly restrict only the sector’s “micro” businesses, while some provisions of that legislation might be so oppressive as to unduly restrict even the sector’s “small” businesses, and yet others of its provisions might go so far as to unduly restrict even the sector’s “medium” businesses.

The masterplan notes that there is no existing task team of representatives from government departments and business. It mentions, as a risk that might deter the establishing of any such task team, “lack of trust between govt [sic] and business”. The masterplan adequately identifies types of legislation that have an adverse effect on small enterprise, and how such legislation should be assessed and reviewed.It is also a bad proposal.

The masterplan asserts that regular publishing of the annual review is “fundamental” to the its success.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's how to grow your small businessVarious government programmes offer funding and guidance to help young people start or grow their businesses.
Source: SowetanLIVE - 🏆 13. / 63 Read more »