Business Leaders Urge Zuma to Sell South Africa State Assets

  • 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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