South Africa

GOOD Party in SA says it is concerned about reports that the Tshwane Economic Development Agency has not attracted a single cent

today11 January, 2024

Background

The GOOD Party in SA says it is concerned about reports that the Tshwane Economic Development Agency has not attracted a single cent in foreign direct investment, despite the 500-million-rand in funding over ten years by the City of Tshwane. The agency was established in 2006 as a means of facilitating economic development in the capital city, especially through foreign direct investment. The GOOD party’s, Sarah Mabotsa, says this shows that the agency is unfit for its purpose and must not receive funding.

 

Written by: Leonard Witbeen