Managing our Localisation Policy within the context of International Investment Policy

The English poet John Donne (JD) coined a phrase which holds very true for us today. We are faced with numerous conflicting interests, demands and pressures that plague us at the present moment. The ‘present moment’ though neither worries about the past, nor really cares about the future. Rather it concentrates on the now. But that’s very risky, and it can hurt very badly. No wonder JD coined the phrase, ‘No Man is an Island’. He has a point in that deep philosophical statement for us as we scramble our way up the mountain of thorny challenges to finding ways to creating jobs for our people.

In barely 3 weeks’ time we celebrate 40 years of our political independence. But some of our well-meaning policies can be self-destructive. We need to ensure we don’t undermine the very objectives that we are trying to achieve for our people. One of those is the much-publicized ‘localization policy’.

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