Fresh leadership stepping into South Africa’s Special Economic Zones programme just got a strong endorsement as the government pushes the model to attract investment and tackle unemployment.
New SEZ Advisory Board induction in Johannesburg
New SEZ Advisory Board induction in Johannesburg
- Zuko Godlimpi welcomed the new Special Economic Zones Advisory Board.
- Department workshop introduced members to programme priorities.
- The session outlined the industrial strategy and legal framework.
- Board members discussed roles guiding zone development.
- The Special Economic Zones Act created the advisory structure.
- The board advises the minister on zone strategy.
- Members review proposals for new zone designations.
- Panel tracks the performance of existing economic zones.
- South Africa currently counts twelve designated zones.
- Nine zones are already running operations.
- Operational zones host two hundred twenty-four investors.
- Investments total about R31.744 billion.
- Special Economic Zones investments grew roughly R17.234 billion.
- Growth measured from the 2018 to 2019 fiscal year.
- Infrastructure projects helped draw domestic investors.
- The programme also attracted international manufacturing capital.
- Zuko Godlimpi highlighted unemployment and slow growth challenges.
- Zones aim to boost exports and industry.
- The government views SEZs as regional development engines.
- Strategy targets investment and job creation.
- The board must strengthen governance across zones.
- Members will guide policy adjustments as conditions shift.
- Advisory work supports the minister’s industrial agenda.
- The programme aims to expand opportunities in underserved regions.