Nedbank Group – South Africa: Macroeconomic Overview and Outlook

Growth in the major industrialised economies has lost some momentum, while conditions have remained
lacklustre in the major developing economies.

Nedbank November 2016

nedbank-november-2016_24

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Business Incentives:

Central Business District  
The following incentives are proposed:
  • 50% discount on building plan fees
  • 50% discount on Capital Contributions with the balance to be paid over two years
  • One-part pre-payment electricity tariff for new businesses locating in the above geographical area up to 60 amps indefinitely. In the case of connections exceeding 60 amps, the consumer will be refunded 50% of the transformer costs after a period of one year provided that the electricity consumption for the installation is not less than 1000kwh/month or 12000kwh/annum
  • Commercial refuse tariff up to a maximum of three refuse bags indefinitely
Mossdustria and N2 Industria  
The following incentives are proposed:
  • 50% discount on building plans
  • 50% discount on Capital Contributions with the balance to be paid over two years
  • One-part electricity tariff up to 60 amps indefinitely. In the case of connections exceeding 60 amps, the consumer will be refunded 50% of the transformer costs after a period of one year provided that the electricity consumption for the installation is not less than 1000kwh/month or 12000kwh/annum
  • Commercial refuse tariff up to a maximum of three refuse bags indefinitely
  • No sewerage service charges to be levied for the first year
Desirable Developments  
The following incentives are proposed:
  • 50% discount on building plans
  • 25% discount on Capital Contributions and the balance to be paid over two years
  • One-part electricity tariff up to 60 amps indefinitely. In the case of connections exceeding 60 amps, the consumer will be refunded 50% of the transformer costs after a period of one year provided that the electricity consumption for the installation is not less than 1000kwh/month or 12000kwh/annum
  • Commercial refuse tariff up to a maximum of three refuse bags indefinitely
  • No sewerage service charges to be levied for the first year

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