Business Leaders Urge Zuma to Sell South Africa State AssetsBy
CEOs call on government to increase taxes, change labor laws
Business pushes for action to avoid downgrade to junk status
The heads of South Africa’s biggest companies urged President Jacob Zuma to sell state-owned assets, increase taxes and review the country’s labor laws as part of a raft of proposals to try and avoid a credit-rating downgrade to junk.
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