Special Economic Zones Attract R14.8 Billion In Revenue

SA defence industry has the base to tap into global surge in defence spending – Tau

In spite of a range of challenges, the South African defence industry (SADI) punches above its weight and is well positioned to take advantage of the

Special Economic Zones Attract R14.8 Billion In Revenue

Deputy President Paul Mashatile says South Africa’s Special Economic Zones (SEZ) programme has attracted R14.8 billion in revenue and created more than 30 000 jobs across sectors, including automotive manufacturing, agro-processing and renewable energy. This is according to a World Bank study. Government introduced the Industrial Development Zone programme in 1997 to create world-class industrial hubs that would attract investment, boost exports…

Tau says SA exploring Western Cape defence special economic zone

Des Erasmus South Africa is exploring the establishment of an aerospace and defence special economic zone (SEZ) in the Western Cape as it seeks to revive an industry that has lost about 90% of its workforce since 1990. Trade, Industry and Competition Minister Parks Tau outlined the proposal in a keynote address on Monday at the Defence Industry Lekgotla at the Council for Scientific and Industrial Research in Pretoria, where nearly 300 delegates…