CTC pushes phased local content in soap, detergents

THE Competition and Tariff Commission (CTC) has proposed gradually raising local content thresholds for soaps and detergents, currently at 25,8 percent and 16,6 percent, as sector capacity utilisation remains between 30 percent and 60 percent. Local content refers to policies requiring a share of inputs, labour, goods, services, and domestic knowledge or technology to be…