Talk Radio 702 interviews Reena das Nair, CCRED Senior Researcher, on barriers to entry faced by new entrants in the South African retail industry.
THE structure of SA’s economy welcomes few entrants. It is highly concentrated with insiders firmly entrenched. Widening access to the economy, according to the results of a set of studies released this week, will require a concerted and collaborative effort by the government to alter the economic landscape, remove barriers to entry, enhance competition and foster inclusive growth.
The South African economy needs a new approach to regulation, competition, and industrial policy to open the economy for greater participation, particularly by black industrialists, according to research released today by the Centre for Competition, Regulation and Economic Development (CCRED) at the University of Johannesburg.