https://www.engineeringnews.co.za
Africa|Automation|Business|Consulting|Cova Advisory|Resources
Africa|Automation|Business|Consulting|Cova Advisory|Resources
africa|automation|business|consulting-company|cova-advisory|resources

Cova advisory briefs investors on Incentives and Special Economic Zones

17th September 2021

     

Font size: - +

This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.

Cova Advisory, an investment consulting firm, has just held two masterclasses on key elements of the SA investment landscape – Investment Grants and Incentives and Special Economic Zones (SEZs). 

The webinars explored the complexities, opportunities and potential pitfalls of these two central SA government programmes, which are designed to attract both domestic and international businesses. 

“As we feel the continuing effects of the Covid pandemic, made more acute by the recent riots in KZN and Gauteng, it is more vital than ever for South Africa’s economy, for jobs and growth, that more investment is attracted here,” said Cova co-founder Duane Newman.

“Despite massive pressure on the country’s budget, there are state resources on offer, although sometimes these are unappreciated, poorly understood - and sometimes even ignored - by businesses.

“Our first webinar in partnership with the Johannesburg Chamber of Commerce and Industry and the South African Council for Automation and Control on investment grants and incentives took business leaders through the range of available support, with invaluable advice on the need to properly understand, weigh-up what is on offer, and to properly incorporate incentives into business plans from Day 1.”

Cova’s other founder Tumelo Chipfupa added that vital - and sometimes costly - lessons have been learned by some firms that failed to properly understand the complexities and procedures involved.

“The rewards can be enormous, but so can the hurdles which need to be overcome,” he explained.

“I hosted the second webinar, which looked at the SEZs, and brought in first-hand expertise and guidance from people actually involved in running three SEZs – the two around the OR Tambo and King Shaka international airports and the one at the port of Saldanha.

 

Edited by Creamer Media Reporter

Comments

Showroom

Hanna Instruments Image
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/03/2024)
15th March 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.073 0.124s - 160pq - 2rq
Subscribe Now