JOHN DLUDLU: Patel’s move to allow small business co-operation is on the money
The interventions could give these firms a chance to grow in sectors dominated by large firms and anticompetitive SOEs
It is not fashionable to praise SA government ministers, especially trade, industry & competition minister Ebrahim Patel, for their interventions in the economy. But his announcement last Wednesday of a proposal that small firms be allowed to co-operate at times without fear of falling foul of the competition authorities is long overdue and deserves praise.
Over the years Patel has made many enemies, especially in business, due to policies such as the now watered-down push towards localisation-driven industrialisation. His cabinet colleagues have often undermined his strategies, and he hasn’t had much support from the governing party and its political high-ups...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.