HILARY JOFFE: Intrusive competition law may prompt investors to go elsewhere

29 September 2019 - 05:05 By HILARY JOFFE

Is SA's ever more intrusive competition regulation driving away foreign direct investment at a time when President Cyril Ramaphosa is trying hard to attract it? The leadership of Naspers seems to think so. Naspers chair Koos Bekker told shareholders last month that SA's increasing competition scrutiny hampered investment, while CEO Bob van Dijk spoke of regulatory limitations when Naspers wanted to invest its dollars back in SA. They were right, in a sense, but for the wrong reasons...

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