Special Economic Zones : Are Investors sitting on a Goldmine ?
Kenya s government has announced the creation of a special economic zone in the country. The SEZs have been named as the key areas to boost local and foreign direct investments. But what is it like to become the first major pillars of the economic growth and development of Kenya? The BBC looks at what happens to the area in which they are. () How is Kenyan government plans to create an enabling environment for investors to invest within the Special Economic Zone (SEZ) - and how could it be used to attract businesses and invest in them? Why is the government planning to change these rules? And how will the new government be able to make it easier to get their benefits? Here are some of its key questions and questions about the impact of this new scheme? What does it mean for the future of an area that is being created by the Finance Act, of 2023, and what will be the way it is set up to expand investment opportunities in its latest phases in this year, writes the BBC News presenter, JEFF Angote, who explains why it has been introduced by President John Magufuli, the prime minister has said when he was given the go-ahead for an extended transition towards the special economy in Kenya, where the UK is now known as Naivasha Special Ekonomi Zone, in an attempt to transform the region into an environment that has attracted millions of people to do business across the world without tax shields, as well as how it can be done.
Source: businessdailyafrica.comPublished on 2023-11-27
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