Gov�t dangles tax cuts to attract SPEDU investors

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

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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