One of the key challenges facing Export Processing Zones (EPZs) as highlighted in the EPZ Annual Performance Reports is consistent changes in regulations affecting the scheme with minimal stakeholder participation.

The Special Economic Zone Authority (SEZA) in a bid to avoid what bedevilled the EPZs has drafted various laws to regulate the SEZ framework. This includes the SEZ Act, 2016 SEZ regulations and the proposed Supplemental Special Economic Zones Regulations 2019.

All of which work in tandem with tax, labor and other key legislation. In this analysis we shall look at the proposed amendments to the 2016 SEZ regulations and the gaps these amendments shall cover.