ActionSA is immensely proud of what the City of Tshwane’s multiparty coalition government, under the leadership of Mayor Dr Nasiphi Moya, achieved this week at the Tshwane Investment Summit. While the summit set a target of R5 billion, investors pledged a staggering R16 billion for the Capital City, a resounding vote of confidence in South Africa’s fastest-growing metro.
This endorsement by the investment community in Mayor Moya and her team stands in stark contrast to South Africa’s failing national economy, where under the GNU, growth has collapsed to just 0.6%, far below the 3–4% needed to create jobs. The expanded unemployment rate sits at 43%, with one in three jobseekers unable to find work. Policy uncertainty, chaotic foreign policy, and collapsing infrastructure — from roads to rail and ports — are suffocating South African businesses and deterring investment.
This is why it is critical that our major metropolitan municipalities are led by capable administrations that inspire investor confidence and deliver results. South Africans and investors are tired of hollow promises about tackling poverty, unemployment, and inequality. They want to see real growth, competent governance, and service delivery, as is happening in Tshwane.
The R16 billion in pledges cover broad infrastructure projects and 22 specific investments in the property, construction, automotive, and infrastructure sectors. These pledges will contribute directly to Tshwane’s ambitious targets of creating 80,000 jobs, achieving 3.9% annual growth, and securing between R17 and R26 billion in investment by 2029.
Tshwane is proving that when leaders put people first and create an enabling environment for growth, jobs and opportunities follow.
ActionSA Applauds Tshwane’s R16 Billion Investment Windfall While National Economy Stagnates
ActionSA is immensely proud of what the City of Tshwane’s multiparty coalition government, under the leadership of Mayor Dr Nasiphi Moya, achieved this week at the Tshwane Investment Summit. While the summit set a target of R5 billion, investors pledged a staggering R16 billion for the Capital City, a resounding vote of confidence in South Africa’s fastest-growing metro.
This endorsement by the investment community in Mayor Moya and her team stands in stark contrast to South Africa’s failing national economy, where under the GNU, growth has collapsed to just 0.6%, far below the 3–4% needed to create jobs. The expanded unemployment rate sits at 43%, with one in three jobseekers unable to find work. Policy uncertainty, chaotic foreign policy, and collapsing infrastructure — from roads to rail and ports — are suffocating South African businesses and deterring investment.
This is why it is critical that our major metropolitan municipalities are led by capable administrations that inspire investor confidence and deliver results. South Africans and investors are tired of hollow promises about tackling poverty, unemployment, and inequality. They want to see real growth, competent governance, and service delivery, as is happening in Tshwane.
The R16 billion in pledges cover broad infrastructure projects and 22 specific investments in the property, construction, automotive, and infrastructure sectors. These pledges will contribute directly to Tshwane’s ambitious targets of creating 80,000 jobs, achieving 3.9% annual growth, and securing between R17 and R26 billion in investment by 2029.
Tshwane is proving that when leaders put people first and create an enabling environment for growth, jobs and opportunities follow.