Name the Special Economic Zone which is in the Free State province:

Name the Special Economic Zone which is in the Free State province is Maluti-A-Phofung Special Economic Zone (MAPSEZ), in Harrismith Free State.

What does Maluti-A-Phofung Special Economic Zone(MAPSEZ) Provide?

The zone provides road and rail logistics and handling facilities for the Gauteng–Durban port corridor and links to the Bloemfontein–Cape Town corridor.

The launch of the 1038 hectare special economic zone (SEZ)is part of government’s SEZ programme aimed at accelerating socio-economic growth and development in the region and part of the government’s programme of radical socio-economic change.

Distinguishing between Direct and Indirect Taxes: Provide an Example of Each: Let’s learn something about taxes. Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. Indirect taxes are basically taxes that can be passed on to another entity or individual. They are usually imposed on a manufacturer or supplier who then passes on the tax to the consumer.

Watch a quick explanation on direct vs indirect taxes

Did you know: The most common example of an indirect tax is the excise tax on cigarettes and alcohol. Value-Added Taxes (VAT) are also an example of an indirect tax.

Examples of Direct Tax

• Income Tax
• Corporation Tax,
• Property Tax, Inheritance Tax, and
• Gift Tax

Examples of Indirect Taxes

• Sales tax
• Excise tax
• Customs tax
• Gas tax

List of payable taxes in South Africa

• Air Passenger Tax
• Capital Gains Tax
• Corporate Income Tax
• Diamond Export Levy
• Dividends Tax
• Donations Tax
• Estate Duty
• Excise Duties and Levies
• International Oil Pollution Compensation Fund Levy
• Mineral and Petroleum Resource Royalty
• Pay As You Earn
• Personal Income Tax
• Provisional Tax
• Securities Transfer Tax
• Skills Development Levy
• Transfer Duty
• Turnover Tax
• Unemployment Insurance Fund
• Value Added Tax
• Withholding Tax on Interest
• Withholding Tax on Royalties

Sources

https://apps.irs.gov/app/understandingTaxes/teacher/whys_thm04_les04.jsp

https://corporatefinanceinstitute.com/resources/knowledge/other/indirect-taxes/

https://economictimes.indiatimes.com/definition/direct-tax

Economics Grade 10 Essays pdf download: Below are some essay or speech topics for grade 10 learners that they can use as a guide in South African context.

• The balance between demand and supply
• Consumer demand theory
• The theory of production: The process of changing materials into products
• The structure of a market and the system that comprises it
• The labor economics
• The information economics
• The economics of market structure in South Africa
• Opportunity costs
• 10 principles of economics
• The difference between long term and short term economic growth
• Recession in the economy of any country and its causes
• Pros and cons of the current money system in South Africa
• The place of small and family business in the economy
• Poverty in relations to the economics of the particular country
• The economic policy (of your choice) tool and its effectiveness
• The effect of immigration on the economy
• The impact of trade policies on the economics of South Africa
• The effects of interest rates on any individual or business
• The current employment rate in South Africa and its Impact
• Impact of Inflation in South African Economy
• The relationship between income and the happiness of a person
• The relationship between economics and housewives in South Africa
• The beer industry in South Africa
• Reasons why all students should learn their country’s economy

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