Critical skills shortages, rising crime, political instability and poor government
service delivery continue to dampen SA business growth. Grant Thornton IBR
survey for Q4 2013 reveals local concerns dramatically hampering business
South African privately held business owners are continuing to be impacted by
political instability, poor government service delivery and crime rates reveals the
latest Grant Thornton survey. This is causing uncertainty about the future of
conducting business in South Africa.
Government plans to cut the red tape and make it easier to do business in South Africa by setting up a national one-stop shop to assist with investment approvals, reforming BEE codes and simplifying forms and procedures faced by small businesses.
President Jacob Zuma?s State of the Nation Address is encouraging to business, the South African Chamber of Commerce and Industry (SACCI) said on Thursday. The tone of the President?s address, supported by the promise of improved economic activity and growth, is encouraging to business and should promote business confidence at a time when business confidence is constrained, said SACCI.
South African labour law strongly protects people employed in South Africa. Furthermore, our courts do not easily give up jurisdiction to foreign courts. When a foreign embassy is situated in South Africa it is in fact, according to law, based on foreign soil.