sundaytimes.co.za - New investment initiatives for SA film

Two new investment incentives will be launched in the next three months promoting labour-intensive activities in the South African economy, says Trade and Industry Minister Mandisi Mpahlwa.

Speaking in his department's vote in the Old Assembly, he said they were incentives for a call centre and back-office-processing industry as well as an incentive for the film industry.

He said "more than R500-million in investment incentives" would be allocated to enterprises in the current financial year - but said a further R32-million would be allocated to the development of sector strategies.

South Africa's priority sectors include clothing and textiles, agro- processing, metals and minerals, chemicals, the automotive sector as well as tourism, cultural industries like music, film and crafts and information and communications technology.