Trade ministry’s indecision ‘costs companies and public purse millions’

Importers are bemoaning the slow pace of decision-making by the trade, industry & competition ministry in customs duty adjustment cases, and they’re calling for transparency and speed in the application process that is stifling planning and future investments.

This comes as President Cyril Ramaphosa’s administration has claimed to be reducing red tape across all departments and driving localisation in a bid to unleash investment and growth...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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OPINIONISTA: Corruption would not thrive if companies are banned – as the UK did with BainThe United Kingdom’s three-year ban on the powerful multinational corporation, Bain & Company, will probably go down in history as one of the best remedies to correct wrongdoing by big companies. Only 3 years. They should be permanently shut down Bain and Company just follow Bell Pottinger,White Monopoly Capital ,KPGM ,VBS Bank , Where is the RSA government sanction on Bain?
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