ActionSA Welcomes Investment Incentive Toolkit to Improve Business Environment in Tshwane

The Tshwane Investment Incentive Toolkit approved in Council today, aims to improve the business environment by addressing red tape and bureaucracy, fast-tracking strategic projects and investment initiatives, and developing new and existing industries in partnership with the private sector and academia, so as to leverage the research and development sector in the City of Tshwane.

It is a practical collection of resources and guidelines that form part of the Tshwane Economic Revitalisation Strategy, and that positions the City of Tshwane as the only city in South Africa that offers a VIP business line and online investor portal for the submission of strategic investment initiatives. This will greatly ease doing business in Tshwane and generate much-needed jobs.

The Investment Incentive Toolkit will be placed on the Tshwane website with hyperlinks to relevant documentation, by-laws and the Council budget and tariffs. This publication is not static and will be updated on annual basis to reflect new offerings as they become available within the City. The Investment Incentive Toolkit demonstrates the City’s commitment to an improved business environment.

The new administration under ActionSA Dr Nasiphi Moya has been working hard to turn the City of Tshwane’s finances around. In the first 100 days in government, independent agencies had already confirmed that the City’s finances were stabilising.

In November 2024, Moody’s retained Tshwane’s stable outlook, noting improved debt and liquidity management. In April this year, Global Credit Ratings revised our outlook from negative to positive. Their assessment highlighted better fiscal control, easing liquidity risks, and an operating surplus for the second consecutive year.

For the first time in years, Tshwane has tabled a fully funded budget, the City’s Eskom debt has been reduced from a staggering R6.7 billion under failed DA Mayor Cillliers Brink to R5.6 billion, and Statistics South Africa’s latest Quarterly Labour Force Survey confirmed that Tshwane had created 85% of all new jobs in Gauteng Province.

The inaugural Tshwane Investment Summit secured R86 billion in investment pledges, far surpassing the City’s R5 billion target. These pledges will help create jobs, unlock catalytic projects, and restore investor confidence in our Capital. The new administration under ActionSA Mayor Dr Nasiphi Moya is serious about financial stability and job creation!

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