
Sign up to save your podcasts
Or


Business Unity South Africa, BUSA has slammed Trade, Industry, and Competition Minister Parks Tau for withdrawing draft regulations to the National Credit Act. The proposed changes aimed to simplify credit access for small businesses but were scrapped after public backlash. Over 20,000 submissions opposed clauses that would have allowed educational institutions to report unpaid tuition fees to credit bureaus. Busa CEO Khulekani Mathe accused the minister of mishandling the policymaking process and yielding to political pressure, warning that the withdrawal will delay critical support for SMEs. Elvis Presslin spoke to BUSA CEO, Khulekani Mathe
 By SAfm
By SAfmBusiness Unity South Africa, BUSA has slammed Trade, Industry, and Competition Minister Parks Tau for withdrawing draft regulations to the National Credit Act. The proposed changes aimed to simplify credit access for small businesses but were scrapped after public backlash. Over 20,000 submissions opposed clauses that would have allowed educational institutions to report unpaid tuition fees to credit bureaus. Busa CEO Khulekani Mathe accused the minister of mishandling the policymaking process and yielding to political pressure, warning that the withdrawal will delay critical support for SMEs. Elvis Presslin spoke to BUSA CEO, Khulekani Mathe

25,880 Listeners

7,698 Listeners

4,180 Listeners

529 Listeners

293 Listeners

19 Listeners

112,499 Listeners

0 Listeners

254 Listeners

11 Listeners

188 Listeners

6 Listeners