Ironically, our policies resemble Donald Trump’s, but with the lack of urgency only SA can muster
You have to wait almost two years in most cases for an import duty change to be implemented in SA. That’s a long time compared with the four to six months that tariff investigations should take; four months for industries in distress and six months for the rest, according to the International Trade Administration Commission .
Anti-dumping investigations have to be completed in 18 months or they terminate automatically. Last year, an anti-dumping investigation into frozen chips from Belgium and the Netherlands went past the 18-month deadline and was terminated. Economist Milton Friedman, whatever you think of him, was on the button when he said: “One of the great mistakes is to judge policies and programmes by their intentions rather than their results. We all know a famous road that is paved with good intentions. The people who go around talking about their soft hearts. I admire them for the softness of their hearts, but unfortunately it very often extends to their heads as well.
There is also confusion as to the finance minister’s role. When Malusi Gigaba was in that post he went to court twice to defend his right to chill and take a long time to make up his mind up about implementing duties. The court found in his favour, so it could be that the new minister is deeply considering each matter.
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