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The importance of women in the South African economy cannot be understated. They have a critical role to play that is not simply limited to their contribution to the gross domestic product (GDP) but in creating jobs and growing the country’s production capacity. There is no doubt that the number of women-owned businesses in South Africa has increased over the past few years. However, much more still needs to be done as South Africa strives towards inclusive economic growth. The United Nations Entity for Gender Equality and the Empowerment of Women, also known as UN Women, identifies women – particularly those in the rural areas – as key agents for achieving the transformational economic changes required for sustainable development. It is befitting that both the public and private sectors create opportunities for women-owned businesses. If South Africa, as an active proponent of inclusive economic growth, is to establish itself on a growth path, a concerted effort is needed to include the contributions of women. They are among the most resourceful entrepreneurs in South Africa and beyond; they are stronger and nimbler in living their entrepreneurial dreams. To quote the former United States first lady, Michelle Obama: “There’s no limit to what we, as women, can accomplish.”

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.