World Bank calls for ease of BEE and labour laws

The World Bank has urged South Africa to consider easing BEE and labour policies to make it less demanding for foreign companies to invest in the country. In an overview on “driving inclusive growth” in South Africa, the global lender said the country should adjust its regulations to market realities. Sizwe Dhlomo invited Independent Political Analyst and CA(SA) Khaya Sithole to share insights on the World Bank's argument. Listeners were engaged on whether we should prioritize investment over labour laws and equitable share in the economy, or take care of people first, domestically and then investments will come later if needed.