Oppenheimer urges Pretoria to cut Red Tape, “get out of the way” of entrepreneurs

Three key points

• Jonathan Oppenheimer urged the government to stop overregulating and let entrepreneurs drive South Africa’s growth.

• He echoed the World Bank’s warning that excessive bureaucracy is stifling small and medium enterprises amid near-zero GDP growth.

• Through the South African Future Trust, the Oppenheimer family continues to support small businesses with loans and training initiatives.

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