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Draft Taxation Laws Amendment Bill, 2011 – Impact on Customs

As if the myriad of changes affecting the Customs industry are not enough, there’s some more important considerations for customs traders and practitioners, soon, posed by the Draft Taxation Laws...

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Having difficulty understanding economic zones?

You can be forgiven if you have a clouded understanding of what an economic zone is. Countries develop different types of free economic zones (FEZs) as a tool to generate employment opportunities,...

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Special Economic Zones – how special?

Despite having burned its fingers with Industrial Development Zones (IDZs), which involved a few fiscal benefits (shrouded in legalese) and billions in infrastructure, Trade and Industry has gone into...

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Global Free Zones of the Future 2010/11 Winners

fDi Magazine’s first global ranking of economic zones has awarded Shanghai Waigaoqiao Free Trade Zone the title of Global Free Zone of the Future 2010/11. Shanghai Waigaoqiao Free Trade Zone (WFTZ),...

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Mafikeng IDZ fails!

A state-owned enterprise, the Mafikeng Industrial Development Zone (MIDZ), once mooted as an industrialisation solution and economic booster for the province, has been dissolved. The failure of the...

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SEZ – Lessons for South Africa from international evidence and local experience

A bold paradigm shift in South Africa’s economic policy is required to ensure the success of the country’s new special economic zones (SEZs) programme, according to Centre for Development and...

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News from Angola

SEZ for Cunene Province The government of Cunene province in southern Angola, has chosen the border town of Calueque, in Ombadja municipality, to set up the province’s Special Economic Zone (ZEE), the...

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Special Missing Zones

Since the publication of the draft bill, there has been much comment on the advantages and disadvantages of the new Special Economic Zones (SEZ) policy and process in the country. Given the renewed...

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Saldanha Bay IDZ?

Its difficult not to be cynical…..after several failed and half-baked attempts at IDZs whats different about this one? Have the labour and tax issues changed? A 60 day public consultation period for...

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Nigeria – Maximizing Opportunities in Free Trade Zones

Lagos Free Trade Zone So how come FTZs, IDZs, EPZs, etc are working in other African countries and not here in South Africa? This Day Live (Nigeria) offers some of the critical success factors which...

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Jamaica plans global logistics hub

The Port of Kingston – ripe for development The Government of Jamaica has revealed ambitious plans to turn the Caribbean island in to a global logistics hub – and high level talks have already begun...

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Aerotropolis for Gauteng…stuff’s about to happen

Oliver Reginald Tambo International Airport (east of Johannesburg) to become Africa’s first aerotropolis The Gauteng Provinicial government has announced that Africa’s busiest airport, OR Tambo...

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SA identifies ten potential ‘special economic zones’

The Minister of Trade and Industry, Dr Rob Davies says ten potential Special Economic Zones (SEZs) have been agreed upon with provinces. He told the Portfolio Committee on Trade and Industry in...

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Free zones – the potential pitfalls

Free zones are often seen as a cure-all remedy to the problems developing economies encounter when trying to attract FDI. However, the reality is that such projects need careful planning and long-term...

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Special Economic Zones and Regional Integration in Africa

One of the most prominent features of the global trading landscape in recent years has been the worldwide proliferation of bilateral and regional trade agreements. Africa is no exception to this...

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Government SEZ Bill will support economic growth and opportunities

The Special Economic Zones (SEZ) Bill 2013, according to the government will support a broader-based industrialisation growth part and be a significant milestone in pursuit of the aspirations of the...

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New IDZ designated for Free State

The South African Cabinet has ratified a decision by the Department of Trade and Industry (DTI) to designate the Maluti-A-Phofung (MAP) logistics hub, in Harrismith, in the Free State, an industrial...

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Britain – a Free Trade Zone?

Forget increasing the number of Free Trade Zones at and around UK ports, real thought should be given to whether Britain could become a nationwide FTZ, a panel discussion at Multimodal heard today....

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WCO News – June 2020

As the title suggests, the latest edition of WCO News contains a variety of articles concerning Customs approach to COVID-19 and even one article relating to Customs Brokers on COVID-19. Other...

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