Tshwane investment summit nets R16bn, targets jobs and growth

By Johnathan Paoli

The City of Tshwane has launched an ambitious plan to reposition South Africa’s capital as a hub for investment, innovation, and job creation, with executive mayor Nasiphi Moya declaring that “Tshwane is open for business.”

Speaking at the metro’s inaugural Investment Summit in Menlyn on Wednesday, Moya outlined a bold economic vision under the theme, Tshwane Rising.

The mayor set immediate and long-term targets aimed at unlocking the city’s potential, reviving dormant assets, and restoring confidence in municipal governance.

“Our bold targets are to grow the local economy at an average of 3.9% by 2029, attract between R17 billion and R26 billion in investment, and create at least 80,000 new jobs,” Moya said.

“Taken together, these enablers show that Tshwane is serious about creating the right environment for investment. The assets are ready, the systems are improving, and the incentives are in place. What is needed now