Yesterday saw the official launch of the Maluti-a-Phofung Special Economic Zone (MAP-SEZ) by president Jacob Zuma.
Zuma used the opportunity to send a political message.
“Our current reliance on exporting minerals and other raw materials to other countries is a sure recipe for an economy that enriches the few at the expense of the majority. This, of course, will just deepen the already high levels of inequality in our society,” he commented.
Minister of Trade and Industry, Dr Rob Davies, pointed out that to date South Africa’s eight special economic zones (SEZ) had collectively attracted over R9.5 billion worth of investments, creating more than 10 000 direct and 65 000 indirect jobs.