Government seeks to exclude foreigners from 'certain' economic sectors
- Legislation is currently in the pipeline aimed at banning foreign nationals from 'certain sectors' of the economy
- Minister Ronald Lamola says that while the legislation is in developmental stages, SA couldn't afford to close borders completely
- Lamola noted that as the largest industrial economy in Africa, SA stood to benefit from the Africa Free Trade Agreement the most
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Minister Ronald Lamola has confirmed that legislation is being developed to restrict how foreign nationals do business in South Africa.
IOL reports that the Justice and Correctional Services head had commented at a recent fundraising gala:
“(The minister) is also developing legislation in relation to foreign nationals doing business in our country - which sectors of the economy can they play in and where and how? That is the kind of legislation she is busy with and we are hoping that soon it will be released for public engagement."
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READ ALSO: Pandor on xenophobia: SA shouldn't isolate itself from African nations
However, Lamola insists that foreigners could not be excluded from the economy entirely:
“Because South Africa is the most industrialised economy on the continent, we are going to be the biggest beneficiaries of the Africa Free Trade Agreement. We don’t have the luxury of closing our borders altogether.”
Briefly.co.za reported that President Cyril Ramaphosa had recently alluded to this exact same legislation, saying that many leading economies harboured similar laws governing foreign involvement in their countries.
International Relations Minister Naledi Pandor recently called for unity, insisted that South Africa couldn't afford to cut itself off from other African nations.
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Source: Briefly News
