Tag: investment incentive
Special Economic Zones need to all be more special
You don’t need to be a Nobel economics laureate to know that with the world’s highest rate of unemployment, South Africa needs to attract a lot more job-creating investments. One of the Department of Trade, Industry and Competition’s (DTIC’s) flagship programmes is the Special Economic Zones (SEZs), a new iteration of what we used to call Industrial Development Zones (IDZs).
Starting your own business: a guide to business essentials
Having a good business idea, nurturing it, and putting it into practice is one of the critical steps on the journey to entrepreneurship. Running a successful business, even during a pandemic, is the ultimate goal for all entrepreneurs.
Amend Income Tax Act to encourage local investment in SMEs
Parliament has been warned of the risk of billions of Rands of capital investment leaving the country unless local investment incentives like those under Section 12J of the Income Tax Act are permitted to continue. Our presentation was made during the Select Committee of Finance’s public hearings on the TLAB, TALAB and Rates Bills.
