south africa rank fallen in business |
South Africa has fallen four places to 73 out of 189
countries surveyed in the World Bank’s 2016 Doing Business Report
released on Tuesday night.
This was not an indication that SA was not progressing in making it easier for companies to do business, but rather that other countries were implementing reforms quicker, private sector development specialist at the bank Frederic Meunier said.
The report is compiled from several indicators such as starting a business, access to electricity, and paying taxes, and from consultations with industry players.
This was not an indication that SA was not progressing in making it easier for companies to do business, but rather that other countries were implementing reforms quicker, private sector development specialist at the bank Frederic Meunier said.
The report is compiled from several indicators such as starting a business, access to electricity, and paying taxes, and from consultations with industry players.