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DCCI Releases Minimum Wage Research Paper

If government were to legislate a minimum wage without a good deal of prior consultation with Business, the response of Organised Business may be naively simplistic. As in most other issues relating to the country’s economic welfare and growth, complexity is at the heart of any debate. It is easy…

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DCCI Highlights Minimum Wage Inflation Risks

Following the release of the DCCI’s Economic Implications of Minimum Wage Implementation paper, Polity and Engineering News published an article stating that the DCCI paper highlighted the inflationary risk of a minimum wage on the macroeconomy. Click view the article

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Implementation Guide: National Environmental Management: Waste Amendment Act (2014)

The purpose of this document is to provide a guideline to the public on how the Department of Environmental Affairs will interpret and implement the National Environmental Management: Waste Amendment Act, 2014 (Act No. 26 of 2014).  As the Waste Amendment Act is implemented and new issues emerge, the Department…

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EIA Guideline for Renewable Energy Projects

The Department of Environmental Affairs has recently published EIA Guidelines for Renewable Energy Project for comment by 8 October 2014. The Guidelines seek to facilitate project planning, financing, permitting and implementation for both developers and regulators in the renewable energy sector in light of the Department of Energy’s Renewable Energy…

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Forthcoming legislation- BUSA Report on Proposed New Laws and Policies from Cabinet’s Economic Cluster

Business Unity South Africa (BUSA) has recently released a report which outlines forthcoming changes in legislation and policy. Many of the changes have been anticipated by the private sector, but the one to watch is the Business Amendment Bill, which will seek to simplify the business registration process and set…

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GROWING CONCERNS ABOUT BASE EROSION AND PROFIT SHIFTING

The OECD (Organisation for Economic Co-operation and Development), in a recent report entitled Addressing Base Erosion and Profit Shifting, described base erosion as a growing problem which presents a serious risk to tax revenues, tax sovereignty and tax fairness for OECD member countries and non-members alike. South Africa, influenced by…

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SEZs – What is all the fuss about?

Special Economic Zones (SEZs) are the flavour of the moment in South Africa’s current industrialisation policies. These SEZs are geographically designated areas of a country set aside for specifically targeted economic activities, supported through special arrangements (that may include laws) and systems that are often different from those that apply…

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DCCI drives its Business Vision for the Economic Development of Durban

Economic development is arguably better understood by the private rather than the public sector. The reason is clear: the private sector harbours businesses which are the engines for economic growth. The public sector, while contributing significantly to the economy itself, has the role of ensuring that the environment is conducive…

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DCCI comments on National Treasury’s Carbon Offsets Proposal

Big Business is well aware of the far-reaching consequences if the looming carbon tax regime. Following extensive consultation on the tax and its impending implementation, Business welcomed National Treasury’s 2014 Carbon Offset Paper, as the carbon offsets provide an avenue for large carbon emitters to reduce their carbon liability. One…

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National Treasury Carbon Offset Paper, 2014

The Chamber appreciates the opportunity to provide into the proposed carbon offsets scheme. The Chamber, while supportive of the scheme in general, is primarily concerned by the institutional arrangements required in administering the scheme. Please find attached, the comment in its entirety. 

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