R86b PLEDGES TO UPGRADE TSHWANE, CREATE JOBS!

Tshwane has received a pledge of R86bn to upgrade the capital city, create jobs and boost growth.

Another R70b in funding was promised for infrastructure aviation and renewable energy, of which R6,8b is already locked up in active projects.

According to reports, the pledges come from a range of local companies active in those sectors.

Tshwane Mayor Nashiphi Moya told an investment summit on Wednesday.

The City of Tshwane is South Africa’s second largest economy behind Johannesburg, co-hosting plants for Ford, BMW and Nissan.