THE BAD

Finweek English Edition - - IN BRIEF -

Barely two weeks af­ter pub­lish­ing rad­i­cal changes to the rules on black own­er­ship, trade and in­dus­try min­is­ter Rob Davies has with­drawn the of­fi­cial no­tice of 5 May that or­dered fewer em­pow­er­ment points for black share­hold­ers own­ing stakes through broad-based or em­ployee schemes. While the with­drawal is a good thing, the flip-flop­ping doesn’t help to cre­ate reg­u­la­tory cer­tainty for busi­ness or in­vestors.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.