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Altech wants more protection from imports
According to Business Report, technology company Altech has called on the government to consider introducing measures that will provide even more protection to local manufacturers and provide what it calls "an enabling environment" for entrepreneurship.
In an article published yesterday, 3 August 2011 in Business Report, Altech's chief executive for its decoder business Peter Balchin suggested that a 20% import duty should be imposed on cheap foreign products that are coming into South Africa. He says the duty will provide protection for local manufacturers.
Altech has created a new multi-million rand manufacturing facility for the set-top boxes that many television viewers will have to buy in order to view the digital signals once the country has converted away from analogue transmission.
Read more:
- Business Report: Halt cheap imports, Altech pleads
