Problems relating to Trade and Investment on South Africa
24. Indigested legislation, abrupt changes |
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Issue |
Issue details |
Requests |
Reference |
(1) Insufficient Control on Political Contribution | - Rules and regulations are insufficient on control of political contribution. There is neither cap on the amount of contribution nor mandatory disclosure provision for the contribution received. | - It is requested that GOSA takes steps to set a cap on the political contribution amount, and to make disclosure a mandatory requirement. | |
(2) Amendment of Mineral and Petroleum Resources Development Act (MPRDA) | - Draft MPRDA released in last year is nebulous in the process of designating "Strategic Minerals" and GSA's intent of legalising free carry on petroleum and gas development. These are the issues of concern. In addition, negative impact upon industry of unstable electricity supply is a matter of concern, and so is overseas investors' 'departure' from SGA. |
- It is requested that GSA gives its deep thought to avoid harming overseas investors' effort to develop SA industries. | - MPRDA |
(3) Nebulous Motor Vehicles Legislation / Tariffs | - While it is rumored there will be legislative changes in contents in regard to "next generation emission control", "carbon tax" and "knock-down duty" on motor vehicles in South Africa, without, however, disclosure of implementing schedule and the details. In light of the development schedule, minimum 2-years advance notice in writing is necessary, with a possibility of inability to adjust to sporadic changes. | - In effecting changes in motor vehicle legislation and customs duty, it is requested that GSA ensures exchange of views with each firm in the industry, without disfavouring any particular firm(s). | - Vehicle Compulsory Specifications for Motor Vehicles - Customs Act (APDP) |
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