‘Company taxes must be used to improve communities’


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South Africa is not making constructive use of the private sector, and the country’s laws must be adapted to ensure that this happens.

Social activist, Lorenzo Davids contends that the country’s vast unemployment and high poverty levels are due to the failures of the public and private sectors.

Using mining companies as an example of this failure, Davids contends that as they make use of the local labour and resources, they must take responsibility for that community.

This must come in the form of upholding the lifestyle, values, and assets of that area.

Davids says that this should be done through taxes, which will be used to reinvest in the community.

[Header image: Vincent Lali – Ground Up]

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Jan 27, 2022
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