However, in some cases, millions of rands are required from those wishing to join or establish local businesses.
"This is provided that, inter alia, such foreign national invests the prescribed minimum financial or capital contribution in such business, currently set at R5 million; that the investment complies with any relevant registration requirements set out in any law administered by the SA Revenue Service; and that the foreign national does not conduct work other than that related to the business in respect of which the visa has been issued,” said Tshisevhe.
However, “if a foreign national who is not an asylum seeker or refugee is in the country without the correct visa then he is not allowed to undertake any sort of work in South Africa, including trading in the informal sector”. “South Africans who are of the view that they are adversely affected by the trading of foreign nationals in the informal sector are strictly prohibited from engaging in illegal practices such as looting or attempting to remove foreign nationals who are trading in that sector,” he said, adding that the obligation to regulate the participation of foreigners in the informal sector still rested with the immigration office and the police.
City_Press We're too relaxed in mzanzi
City_Press FOKOL!
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