DA is demanding urgent regulatory reform to address SA’s historical uncompetitiveness [SOUND]

# The DA is calling for the Department of Trade, Industry and Competition to speed up the legislative and regulatory reforms needed, to urgently address South Africa’s historical uncompetitiveness. The Organisation for Economic Co-operation and Development’s latest report on SA has found that the regulatory environment is the most restrictive of the countries surveyed. The DA’s, Toby Chance, says they are encouraged by the department’s proposed Omnibus Bill, which intends to amend, among other pieces of legislation, the Companies Act: