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Advisory panel recommends expansion in tradable goods sector


ParliamentSouth Africa had to invest in the production of tradable goods to increase its export revenue, stimulate economic growth and thereby address the high unemployment rate. Professor Ricardo Hausmann of…

Public response to draft Companies Bill elicits further changes


Portfolio Committee on Trade and IndustryThe published draft of the Companies Bill, which was submitted to public scrutiny recently, produced more than 134 written submissions from stakeholders, interest groups, government…

Stakeholders raise concerns over Consumer Protection Bill


Select Committee on Economic and Foreign AffairsNumerous submissions were received from stakeholders requesting that the Consumer Protection Bill retain a clause directing food manufacturers and suppliers to continue placing clear…

New legislative framework for South African companies introduced


Portfolio Committee on Trade and IndustrySouth African companies would be directed to use simpler and more accessible language in company documents and prospectuses to enhance better compliance with regulations. The…

Progress report on the economic cluster’s programme of action


Minister of Trade and IndustryGovernment had noted the recent findings of the Competition Commission on the banking industry and would consider whether regulatory reforms and initiatives were necessary to address…

Domestic space industry to launch economic growth


Department of Trade and IndustryModern information infrastructure iss vital to any country striving to compete in the knowledge-driven global economy. The department of trade and industry has released the draft…

BUSA outlines concerns regarding Competition Amendment Bill


Portfolio Committee on Trade and IndustryBusiness Unity South Africa (BUSA) held the view that the Competition Amendment Bill would unfavourably increase the scope of criminal liability for company directors in…