Leveling This Playing Field Will Take Some BulldozerDrusilla Menaker
For South Africans, it may the most important issue facing the 16-month-old government of President Nelson Mandela: how to provide investment and job opportunities for the majority of the population excluded from business under apartheid. The government's controversial answer is a proposed competition law aimed at scaling back the influence of white-run conglomerates that still dominate everything from mining to food processing. Says Pierre Brooks, competition board chairman: "We want to have a level playing field for black and white, local and foreign [investors]."
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