Is localisation undermining South Africa’s growth prospects?

CDE’s Ann Bernstein spoke to Iman Rappetti on SABC Full View about the South African localisation policy driving up costs. She says, “The truth is this policy is not creating jobs, it’s making our economy suffer rather than expand.” She further touched on state procurement and rising costs for consumers.

This interview was based CDE’s new report “The Seven Sins of Localisation: Can South Africa afford this costly policy?”