Ensure Good Corporate Governance

29 January 2023

TASEZ has become one of the significant players in the special economic zone ecosystem, led by Lionel October. The Board comprises members from key partners including the dtic, Gauteng Provincial Government, City of Tshwane and Ford Motor Company of Southern Africa.

For the second year running, TASEZ has received clean audits from the Auditor-General. This is as a direct result of effective strategic guidance and sound corporate governance provided by the Board.

As one of the key implementors of government’s industrial development policies, TASEZ plays a critical role in the broader special economic zone ecosystem. This is evident in the company’s mettle to attract automotive investments.

As at the end of 2021/2022 financial year, about R3.41 billion was in by 12 investors. These investments will provide a great opportunity for South Africa to achieve real and meaningful industrialisation, especially in the automotive industry.

More than 600 direct job opportunities have been created for the residents of Mamelodi, Nellmapius and Eersterust. Additional 1 400 (jobs opportunities) are expected to be created in the current financial year.

One of the critical objectives of TASEZ is to increase investment and support the development of SA’s automotive manufacturing industry.