State's 'hostile overregulation' is killing business: FMF - TechCentral

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State’s ‘hostile overregulation’ is killing business: FMF

to government, business should insist the state steps out of the way and ceases its adoption of bad laws and policies that inhibit economic freedom and growth.

On Tuesday, the presidency, along with lobby groups Business for South Africa and Business Unity South Africa, announced a “partnership initiative” between government and some big business to address some of South Africa’s most urgent problems in three “priority workstreams”: energy, transport and logistics, and crime and corruption.

On the same day that government met with organised business, the foundation and dozens of other civil groups and business chambers met to consider the state’s “draconian” Employment Equity Amendment Act and its associated regulations.

 

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