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Overreliance on localisation a disaster waiting to happen - OPINION

Stefan Schirmer and Rehan Visser says these measures are unaffordable and counterproductive

South africaEbrahim patelRenewable energy independent power producers programme reipppReserve bankCompetition ebrahim patelBid window

Local is lekker, but government s overreliance on localisation is a potential disaster waiting to happen

Local is lekker, but government s overreliance on localisation is a potential disaster waiting to happen
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South africaSouth africanEbrahim patelPaul matthewJustice raymond zondoAfrican reserve bankDepartment of healthNational treasuryCommission of inquiryRenewable energy independent power producers programme reipppAssociation of meatInternational trade administration commission itacReserve bankCompetition ebrahim patelBid windowSouth african reserve bank

Local is lekker, but overreliance on localisation is not

Reserve Bank research shows government spending on localisation has for some time now contributed nothing to economic growth.

South africaSouth africanAfrica ceopaul matthewEbrahim patelJacques standerJustice raymond zondoPaul matthewShiraaz mohamedAfrican reserve bankAssociation of meatCommission of inquiryDepartment of healthInternational trade administration commission itacRenewable energy independent power producers programme reipppNational treasuryCompetition ebrahim patel

Load shedding all but a certainty until these things happen …

Government needs to shake itself out of complacency.

South africaUnited statesUniversity of cape townWestern capeAnton eberhardRenewable energy independent power producers programme reipppAfrican development bankWorld bankDevelopment bank bricsEnergy gwede mantasheProfessor anton eberhardCape townGraduate schoolMineral resourcesNew development bankBrics bank