Non-compliant products in the South African economy: The role of the National Regulator for Compulsory Specifications (NRCS)
Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Witwatersrand, Johannesburg
Abstract
The study on non-compliant products in the South African economy aims to explore the prevalence, causes, and implications thereof. Non-compliant products refer to goods or services that do not meet the established regulations, standards, or requirements set by regulatory bodies or authorities (NRCS Act 5 of 2008). These regulations are put in place to ensure consumer safety, protect the environment, maintain fair competition, and ensure product quality. Understanding the background and context of this issue is crucial for developing effective regulatory strategies and interventions to ensure compliance and protect the interests of
stakeholders. This study specifically investigates the role of the National Regulator for Compulsory Specifications (NRCS) in minimizing the inflow of non-compliant products in the South African economy within its jurisdiction
The NRCS holds great importance in protecting the South African public from non-compliant products by implementing regulations and standards, the NRCS ensures that all manufactured goods within its jurisdiction meet the required minimum specifications, this is deployed through the NRCS diligent enforcement of the regulations, which effectively decrease the influx of non-compliant products into the South African economy. In the context of this study it will explores the role of the regulator in minimizing non-compliant products, which is possibly conquered through the enforcement of regulations, implementing inspection procedures, and promoting compliance among manufacturers, importers, and distributors in plight of promoting a safe economy for all
Description
A research report submitted in partial fulfillment of the requirements for the degree of Master of Business Administration to the Faculty of Commerce, Law and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2024
Keywords
Non-compliant products, South African economy, National Regulator for Compulsory Specifications (NRCS), UCTD
Citation
Makhoba, Portia. (2024). Non-compliant products in the South African economy: The role of the National Regulator for Compulsory Specifications (NRCS) [Master’s dissertation, University of the Witwatersrand, Johannesburg].WireDSpace.https://hdl.handle.net/10539/43769