A new research report into localisation by consulting firm Intellidex, which was commissioned jointly by Business Unity SA (Busa) and Business Leadership SA (BLSA), finds that the 20% import substitution target is not realistic because the right conditions do not exist in most sectors. These conditions depend on the enactment of structural economic reforms to achieve a more competitive business environment, without which locally produced goods will struggle to match imported ones on price and quality.

Intellidex is featured in Financial Mail.