Phikwe turns to agriculture as hope dims

The Agency has also secured a quota of the water that was used by BCL Mine, to be repurposed for a large-scale citrus project in the former copper and nickel mining town. Under the SPEDU tax incentive, which came into effect in February, agriculture has been set aside as a qualifying sector, with companies eligible for just five percent in tax for the first five years of operation, and 10% thereafter.

Acting mayor Evelyn Kgodungwe said design works are well underway and various parties are working closely with the Ministry of Land, Water and Sanitation Management to service the land. “The scope of the work is also underway while servicing of this land is scheduled to commence during the first quarter of 2019-2020 financial year,” Kgodungwe said on Wednesday at a signing ceremony for an MoU between SPEDU and the Ministry of Agriculture Development and Food Security.