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Ghost in the machine: Why South Africa’s SEZs look great on paper but fail in reality | SA News

A recent World Bank report recommending that South Africa consider extending its flagship 15% corporate income tax incentive across all Special Economic Zones (SEZs) presents a familiar temptation.

It allows the state to celebrate an endorsement while avoiding a much harder, more necessary reflection on the true state of our national industrial strategy.

The Department of Trade, Industry and Competition (dtic) Minister Parks Tau was quick to welcome the findings, praising the report as confirmation of “the impressive progress we have achieved”.

He highlighted 13 designated zones, R31.7 billion in attracted private investment, and 28 821 direct jobs. On the surface, backed by a global…

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