MPs reject motion on new mandatory CSR

The motion was put before the house by Tswapong South legislator, Dr Kesitegile Gobotswang, but only 15 MPs voted ‘Yes’ as the Motion was negated.

Opposing the motion, the Minister of Trade and Entrepreneurship, Tiroeyaone Ntsima, said once they legislate a mandatory percentage on profit, CSR ceases to be a voluntary responsibility and becomes a compulsory levy. He also said it would become compliance-driven, instead of impact-driven; therefore, they must be careful not to create a backdoor tax.