New law to bar foreigners doing business in Gauteng townships

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New law to bar foreigners doing business in Gauteng townships

9:31 CAT | 29 Sep 2020

File photo: News365

Foreign nationals living in Gauteng will soon be barred by law from doing business in the province’s townships unless they obtain permanent residency status.

The Gauteng provincial government wants to stop foreign nationals from operating some businesses in the townships as part of plans to revitalise the economy in a number of the region’s most densely populated areas.

A proposed new law drafted by the Gauteng economic development department and premier David Makhura’s policy unit will reserve certain economic activities in townships for South African citizens and people with permanent residency status.

The draft Gauteng Township Economic Development Bill released this week does not identify the specific businesses it is targeting.

However, the proposed law will only assist township-based enterprises in agriculture, construction, manufacturing, transport, communications, tourism and services if they are owned by South African citizens or holders of permanent residency status.

Stakeholders making submissions on the bill will have to suggest the sectors and sub-sectors that should be reserved for South Africans and permanent residents.

By Nelly Ndlovu

Source: News365