Sarah Mabotsa MMC for Economic Development & Spatial Planning and the newly appointed board of the Tshwane Economic Development Agency (TEDA) photo supplied
By Cllr Sarah Mabotsa
MMC for Economic Development & Spatial Planning
The newly appointed board of the Tshwane Economic Development Agency (TEDA), together with the City of Tshwane, has concluded a high-level strategic planning session aimed at accelerating economic growth, mobilising large-scale investment and fast-tracking job creation in South Africa’s capital city.
The two-day session, held on 23 and 24 February 2026, brought together the TEDA
Board, MMC for Economic Development & Spatial Planning, Cllr Sarah Mabotsa, and senior officials from both TEDA and the City to sharpen implementation of the City’s economic agenda.
The session forms part of a renewed push to reposition TEDA as the primary trade,
investment and project facilitation vehicle of the City, in line with its service delivery agreement and the September 2025 Mayoral Committee Resolution mandating TEDA to drive economic revitalisation, attract and retain investment, promote exports and
facilitate catalytic growth projects.
This mandate is directly aligned with the Tshwane Economic Revitalisation Strategy, approved by Council in April 2025, which sets ambitious targets to grow the City’s economy to 3,9%, secure between R17 billion and R26 billion in new investment, and create at least 80 000 new jobs by 2027.
“In 2025, TEDA was tasked with implementing a new business plan to reverse years of economic decline and accelerate growth and investment into Tshwane,” said Cllr Sarah Mabotsa.
“Our administration has placed financial stability and economic revitalisation at the centre of governance.
TEDA is a key instrument in delivering on both.”
Early results point to significant momentum. TEDA’s investment pipeline, which had declined from R4,3 billion in 2018/19 to R1,7 billion in 2024/25, has rebounded sharply.
The 2025/26 mid-year performance report shows the pipeline increasing to R3,8 billion in Quarter 1 and surging to R11,8 billion in Quarter 2.
This turnaround signals renewed investor confidence and strengthened institutional focus.
CEO of TEDA, Dr Lardo Stander, said “TEDA exists to serve as the catalytic instrument for economic revitalisation within the City of Tshwane.
An in-house InvestSA one-stop shop is available at the Tshwane Economic Development Agency to assist investors
with their projects.”
TEDA board chairperson Mr Paul Serote explained that “TEDA is aligned to the
Tshwane Economic Revitalisation Strategy and is structuring itself for a massive
capital mobilisation both private and public.
Through deepening its strategic partnerships and strengthening Tshwane’s productive base, TEDA is moving from
ambiguity to strategic clarity.”
In October 2024, Tshwane’s Multi-party Coalition Government committed to
implementing six key priorities for the City:
1. Financial stability
2. Economic revitalisation
3. Infrastructure development
4. Equitable basic service delivery and maintaining a clean city
5. By-law enforcement and inner-city rejuvenation
6. Community engagement and taking government to the people
“Two of our administration’s key priorities of the are financial stability and economic revitalisation.
The TEDA is playing an important role in delivering on these priorities
through effecting savings through the entity, as well as through its central role in
economic development and speeding up economic growth in the Capital City”
explained MMC Mabotsa.
“Tshwane is open for business” said MMC Mabotsa.
“Tshwane is the capital city of South Africa and is the country’s safest, fastest growing metro.”
Investors and businesses seeking assistance on investment and trade matters relating to Tshwane are invited to visit www.teda.org.za for more information.
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