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briefly explain the weakness of the RSA's industrial development zones​

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Answer 1

According to various economic experts, it has been found that the weaknesses of the RSA's industrial development zones​ are the following:

Revenue losses: this is due to several tax exclusions and considerations.

Many traders are involved in SEZ {Specal Economic Zone}:  this will help the traders to acquire at affordable rates and create a land bank to exploit.

The amount of units applying for setting up EOU (Economics of One Unit) is not commensurate to the quantities of applications for setting up SEZ's leading to the assumption that the  RSA's industrial development zones may not match up to expected results.

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