IBN - Consulting: Government Grants

IBN Group

IBN Offshore

IBN Recruitment

Offices & Contact

IBN Licences & Ratings

FSB Licence

BEE Rating

Date & Weather

Date: 10.09.2010
Time: 19:54

Capetown:

Temp.: 16 °C / 61 °F

Wind: S / 12 kn

Sunrise: 06:25
Sunset: 18:59

Johannesburg:

Temp.: 19 °C / 66 °F

Wind: S / 7 kn

Sunrise: 05:45
Sunset: 18:21

IBN Network

German South African Chamber of Commerce & Industry

Further links

News Highlight
5th Sep 2010

SA Railway system up for a major Revamp

The Department of Transport yesterday outlined an ambitious plan to revamp the country's passenger rail network over the next 20 years, including the building of three high-speed rail projects, a new link between Tshwane and Moloto and a R95bn investment in new rolling stock.

Once implemented, this will be the biggest railway investment in almost a century.

"SA has a wide rail network shaped by our economic and social history. This network requires massive rehabilitation ...[MORE]

>> IBN News-Archive

Exchange Rates

Click a graph to view the detailed version.

Rates are compliment of the ECB and will be updated once a day on weekdays only.

10.09.2010: Economic Growth: 3.2 % +++ Inflation Rate: 3.7 % +++ Prime Lending Rate: 9.5 % +++ Rand Prognosis: remaining strong +++ Interest Prognosis: tendency lower +++ Unemployment Rate: 24.3 % ||

IBN - Consulting: Government Grants

Government Grants

South Africa offers a number of interesting government grants to investors. One of the most important programs, which has become increasingly important for the state and the receiver, is the successor to the Small and Medium Enterprise Development Program (SMEDP): the new Enterprise Investment Program (EIP).

This program supports investors in the tourism- and production industries by funding up to 30% of the total investment.

IBN can consult you on the appropriate application. Our team in co-operation with our specialised network partners prepare the application and follow up on it at the Department of Trade and Industry. IBN scrutinises the government grant contract and ensures that the payment of the grant is finalised and received in time.

Please also consider that there are many other South African government grants, that assist with the import of machinery (_Foreign Investment Grant_, FIG), parttaking in exhibitions or education.