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INVESTMENT INCENTIVES
Industrial Development Zones
Home Investment Business in South Africa Industrial Development Zones
Industrial Development Zones Overview
Benefits of the Incentive Scheme
Restrictions on the incentive scheme
Requirements for an IDZ application:
Application for the IDZ designation
Applying for an IDZ permit
Guidelines
Contacts
INDUSTRIAL DEVELOPMENT ZONES OVERVIEW
An Industrial Development Zone (IDZ) is a purpose-built industrial estate linked to an international seaport or airport and which is capable of leveraging fixed direct investments in value-added and export-orientated manufacturing industries.
THE AIM OF THE IDZ PROGRAMME
Industrial Development Zones (IDZs) are intended to promote the competitiveness of the manufacturing sector and to encourage beneficiation of locally available resources. Support could either include a turn-about strategy to attract investment or include a national programme for economic development to increase exports and the competitiveness of South African products.
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All of the above
Explanation:
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people choose to work desk jobs that do not keep them fit, and now they have to make more time to stay healthy. things like land, labor, capital, and entrepreneurship that are needed to produce goods and services.
Explanation:
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A term used to describe the situation in which a public official or fiduciary who, contrary to the obligation and absolute duty to act for the benefit of the public or a designated individual, exploits the relationship for personal benefit, typically pecuniary.
In certain relationships, individuals or the general public place their trust and confidence in someone to act in their best interests. When an individual has the responsibility to represent another person—whether as administrator, attorney, executor, government official, or trustee—a clash between professional obligations and personal interests arises if the individual tries to perform that duty while at the same time trying to achieve personal gain. The appearance of a conflict of interest is present if there is a potential for the personal interests of an individual to clash with fiduciary duties, such as when a client has his or her attorney commence an action against a company in which the attorney is the majority stockholder.
Incompatibility of professional duties and personal interests has led Congress and many state legislatures to enact statutes defining conduct that constitutes a conflict of interest and specifying the sanctions for violations. A member of a profession who has been involved in a conflict of interest might be subject to disciplinary proceedings before the body that granted permission to practice that profession.
