Gov�t dangles tax cuts to attract SPEDU investors

Wednesday, March 08, 2017

Government targets to facilitate creation of 10,000 jobs in the SPEDU region in the next four years

SELEBI-PHIKWE: Government has approved a package of incentives for investors to set up shop in the SPEDU region following the demise of the BCL Group.

The incentives, which are categorised into six packages, include fiscal incentives, government off-take, provision of land, input costs, softer SPEDU region labour laws and one stop service centre.

The fiscal incentives include a five percent corporate tax for the first five years and 10% corporate tax thereafter.

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