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S. Africa Plan Has Too Much State Intervention, Bus. Day Reports

Dec. 3 (Bloomberg) -- A growth plan proposed for South Africa’s economy by the country’s economic development ministry has too much state intervention, Business Unity South Africa said, according to Johannesburg’s Business Day.

The plan will deter investors and skilled workers, Jerry Vilakazi, the chief executive officer of the group, South Africa’s largest business organization, said, the newspaper reported.

Story link: {NSN LCU3XU6L8CU8<GO>}

To contact the editor responsible for this story: Antony Sguazzin at

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