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Zuma launches `one stop shop` to facilitate foreign investment

Source: Times Live, 18/11/2017


President Jacob Zuma on Saturday opened a one stop shop in Durban as
part of attempts to simplify doing business in SA.

President Jacob Zuma realised one of his presidential prerogatives on
Saturday when he launched a one stop shop to encourage more foreign
and local investment in KwaZulu-Natal.
The InvestSA one stop shop is geared towards providing investors with
services to fast-track projects and reduce government red tape when
establishing a business.
One stop shops - which house government entities like SARS‚ Home
Affairs‚ Environmental Affairs‚ Eskom and the Companies and
Intellectual Properties Commission under one roof - have already been
rolled out in Gauteng and the Western Cape.
KZN MEC for Economic‚ Development‚ Tourism and Environmental Affairs
Sihle Zikalala said government was doing away with red tape and
`rolling out the red carpet for investors to ensure economic development`.
Zuma told the Durban business community attending the launch at the
International Convention Centre that investment promotion was critical
for South Africa`s economy.
`For us to be able to draw in new investments we need to create a
conducive environment. It is for that we have InvestSA.`
He said that he believed the one stop shops would further enhance
South Africa`s attractiveness for foreign investment.
`We are doing this not only for investors but also for our people
because they deserve good governance and effective service delivery.`


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