BOBS moves to cut compliance redtape
Thursday, January 12, 2017
According to BOBS public relations officer, Kagisano Makonyela this is the first time that the bureau has changed the status on standards specifications from being mandatory to voluntary.
“The standards have only changed their status from compulsory to voluntary,” she told Mmegi Business this week.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...