SACCI HOSTS ROBUST DEBATE ON NATIONALISATION

In a statement issued today the President of the South African Chamber of Commerce and Industry (SACCI), Mr Chose Choeu said:

 QUOTE:

 The South African Chamber of Commerce and Industry (SACCI) today hosted a robust debate on nationalisation. Topics included what has led to the nationalisation debate gathering popular support, the consequences of pursuing a policy of nationalisation for South Africa and economic alternatives for addressing socio-economic imbalances.

Speakers from business associations, labour organisations and research institutions addressed delegates resulting in the presentation of views ranging from strong opposition to a statement that nationalization was going to happen – the issue being not the if but the how. Delegates were at idem on the root causes of the economic ills facing the country but not on the best policy options to address them. SACCI intends to use the inputs received in the development of its position which it will feed into the ANC Research Team that was recently appointed to investigate the subject.

UNQUOTE

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