By Thapelo Molefe
Gauteng’s ambitious drive to attract investment has yielded results, with the province surpassing its target by securing R312.5 billion in investment pledges at the inaugural Gauteng Investment Conference.
The initial goal was R300 billion.
Addressing the conference virtually on Thursday, Deputy President Paul Mashatile said economic growth must not leave anyone behind.
He said that investment alone was not enough, and it must translate into meaningful job creation and economic transformation.
“Our challenge is not just to attract investment, but to make sure that it leads to meaningful job creation and transformation,” Mashatile said.
“We must dismantle barriers that keep small businesses and historically disadvantaged communities on the sidelines of economic growth.”
Mashatile called on investors to actively partner with the government in ensuring that township enterprises, women-led businesses and young entrepreneurs benefited from Gauteng’s economic expansion.
He warned against a scenario where investments simply enriched a
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