Competition affects all of us � Kaira
Friday, December 04, 2015
Speaking at the commemoration of the World Competition Day this week, Competition Authority (CA) chief executive officer, Thula Kaira said competition should be of concern the same way as levels of corruption and fair public procurement processes anywhere.
“When we talk about competition, it should not be limited to the Competition Authority alone,” he said. “The subject of competition affects all of us who are involved in business, who are customers or consumers of goods and services.”
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...