by Phumlani Majozi
Many South Africans wrongly think that more government regulation is in the public interest. And politicians love enacting new laws – they believe their major responsibility in our society is to adopt more laws. Very wrong! Their mission ought to be to keep regulations as minimal as possible and more particularly to remove those regulations that impede growth.
Sipho Nkosi will face many challenges, including the inefficient, lacklustre government bureaucracy he will have to deal with. Judging by his resume, he’s a capable man with enormous experience. I hope his wisdom translates into a real, significant reduction in South Africa’s excessive regulations.
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