The Red Tape Impact Assessment Bill, aimed at easing doing business in SA, placed too much emphasis on small business, worrying a lot of large companies that are also still vulnerable to red tape, Parliament heard on Friday. The bill, introduced by DA MP Hendrik Krüger as a private member’s bill in 2016, places emphasis on freeing small-and medium-sized enterprises from red tape, as the National Development Plan envisages small businesses will employ 90% of SA’s workforce by 2030. It was submitted to National Assembly Speaker Baleka Mbete late in 2016 after the small business development portfolio committee worked on it for two years. In its submission to the portfolio committee, Business Unity SA (Busa) said that while the confederation welcomed the bill "as a trigger for more … debate on mitigation of regulatory burdens", it (the bill) still raised a number of concerns in its current form. In a written submission Busa told the portfolio committee that the bill’s focus on relieving...
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