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Economic and regulatory impact assessments


Economic and regulatory impact assessments

Overview

Government policies and interventions create complex trade-offs. Changes in policies, laws and regulations, and active interventions, create both positive and negative impacts as well as winners and losers. We support governments and regulators across Africa to make the best regulatory decisions based on rigorous regulatory impact assessments

Our assessments are founded on holistic data-driven impact analysis (cost-benefit analysis, cost-effectiveness analysis or multi-criteria analysis), expert stakeholder engagement facilitation, and customised regulatory and non-regulatory solutions co-designed with our clients.

In the private sector, we are leaders in helping to measure and articulate the social, economic and environmental value created (or destroyed) by a company, sector or investment. To do so we conduct extensive economic impact assessments, using a range of impact measurement techniques. These draw on market analysis, stakeholder engagement and surveys, and economic modeling.

In many cases, our public policy advisory relies on the objective analysis provided by our independent economic and regulatory impact assessments.

Projects

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    Revamping SA initiative to reduce firms’ operating costs

    Genesis Analytics was commissioned by the Department of Trade, Industry and Competition (dtic) to benchmark South Africa’s Global Business Services (GBS) Incentive Programme against global peers and advise on its revision.

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    Can stronger laws prevent corporate scandals?

    The Department of Trade, Industry and Competition (dtic) commissioned Genesis Analytics to undertake an independent regulatory impact assessment (RIA) on nine issues relating to the Companies Act, No. 71 of 2008.

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    Extractives industry: How does disclosure in SA compare?

    The international secretariat of the Extractive Industries Transparency Initiative (EITI) contracted Genesis Analytics to prepare a research report to inform the secretariat’s outreach activities in relation to a potential candidature application by South Africa.

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    Are 'sin taxes' on alcohol appropriate?

    Genesis was approached by a major alcohol manufacturer and distributor to assess the appropriateness of excise tax as a tool to reduce harmful consumption of alcohol and to raise revenue for the state.

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    Working on a solution to turn around South Africa’s rust belt

    The CEOs’ Initiative, a grouping of 60 top CEOs, asked Genesis Analytics to diagnose the challenges in the Vaal region and come up with a solution. Our team worked with the government and big businesses in the region to design a rejuvenation plan.

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    Boosting South African tourism through visa reform

    Genesis Analytics has played an important role in addressing inefficiencies in South Africa’s visa system, which have hindered the growth of the tourism sector. Appointed by Operation Vulindlela, a joint initiative between the Presidency and the National Treasury, we examined pain points in the visa regime, particularly for Chinese and Indian tourists, and advised the government on actionable reforms.

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