TODAY OUR GUEST IS Centre for Development and Enterprise executive director Ann Bernstein. Special economic zones are formally defined geographic areas in which the business environment is different from that of the rest of the economy.
They are places where challenges that business faces in the rest of the economy are eased.
When successful, this has been the way that other countries have lifted people out of poverty and unemployment and gained access to global value chains.
In South Africa the idea of using these zones is to facilitate the emergence of more labour-intensive activities is gaining traction.