The South African economy needs to undergo a significant structural change if it is to create jobs and employment, Trade and Industry Minister Dr Rob Davies said on Monday.
South Africa has launched a R71-million programme that will provide work experience for unemployed graduates.
Ten potential special economic zones, at least one in each province, had been identified and would be subjected to feasibility studies in the coming months, Trade and Industry Minister Rob Davies said in Parliament Friday.
Partnerships in manufacturing vital for Brics success and could potentially result in investments in IDZs boosting industry property in South Africa
The tabling of the new Special Economic Zones (SEZ) Bill is an admission by government that the existing Industrial Development Zones (IDZs) have failed to attract enough investment to justify the R5.3 billion spent on them, says Democratic Alliance shadow trade and industry minister Tim Harris

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.