incentive

South Africa offers various attractive investment incentives, targeted at specific sectors or types of business activities. Government assistance The Department of Trade and Industry (the dti)...

A R1-billion government incentive scheme aimed at developing black industrialists will help South Africa achieve radical transformation of its economy, Trade and Industry Minister Rob Davies said at the Black Industrialists Indaba held in Midrand this week.

A company that farms abalone in Hermanus in the Western Cape, exports 275 tons of abalone a year to the Far East. Using funds from a Department of Trade and Industry aquaculture incentive, Abagold will soon push up exports to 500 tons, creating more than 100 new jobs in the process.

South Africa has launched a three-year incentive scheme to help black filmmakers develop their businesses to the point they can take on big productions - and create more jobs in the country's growing movie industry.

Eskom is offering home owners rebates of 15% to 20% - translating to savings of between R1 800 and R4 900 - on the cost of installing solar water-heating systems.