After reading this article on the Standard Bank Espresso Magazine newsletter, I was almost excited to see that South African business practice and business in general is set to change forever.
It's time to sift out the rubbish in South Africa, and let real businesses start moving forward. There will be no more getting away with selling bad products to the South African consumers. No more fraudulent insurance policies and bond originators charging exorbitant fee's. This is a major step forward.
For any small / medium or large business owner, you'll want to read this article.
It's official: The way that business is done in South Africa will fundamentally change from October 2010 when the Consumer Protection Act kicks in. For business owners, it is the most far-reaching law since the Labour Relations Act.
11 comments:
What are the changes to the labour relations act? Nothing in the post.
Thanks for the comments.
Did you see the link at the bottom of the page?
That gave you pretty much everything.
Thanks to you for sharing such an instructive post. I think labour relation act will change the relationship between South African businesses and their customers forever.
one must considered a lot of things before engaging with this processes..
Great blog, please keep it up....
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Nice post, I went through given link and found every employee and employer is cover by this act.
I like your way of approach in giving the best views for others to get it.
Thanks a lot for letting us know this news. Keep Writing
looks like a perfect chance, to do a excellent business with many benefits, beside is always good have a relatione like this, for the hard times you know.
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