Question

Briefly explain the weakness of the RSA industrial Development Zones

Answer 1

Explanation:

Briefly explain the weaknesses of the rsa industrial development zones

Answer 2

Weakness of the RSA industrial Development Zones

• The ambitious projects led by RSA have a lot of drawbacks despite their ability to provide employment, encourage economic growth, and increase foreign exchange.
• First off, due to incentives and exemptions given to the units built within the designated regions, the RSA's IDZs have led to a significant loss of taxes.
• Although the government wanted to draw in both domestic and foreign investors, tax exemptions and incentives have led to a loss of potential.
• Additionally, it has been stated or observed that these initiatives have diverted the South African government's focus away from more critical and important matters.
• In addition, reports of worker exploitation and environmental deterioration have been made. Workers in these fields endure appalling conditions because they lack the appropriate protective measures and equipment.

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