clean audit

The Tshwane Automotive Special Economic Zone (TASEZ) has once again demonstrated excellence in public-sector governance, securing its fifth consecutive clean audit from the Auditor-General. Africa’s first automotive city, TASEZ continues to strengthen its position as South Africa’s premier special economic zone for automotive investment. The achievement comes as the organisation advances its Phase 2 development, expanding its industrial footprint and diversifying opportunities for investors in the automotive manufacturing value chain. CEO Dr Bheka Zulu says the clean audit underscores TASEZ’s commitment to transparency, consistency and responsible financial management. “Not only is TASEZ an innovative driver of economic development through supporting the manufacturing sector, it is also a shining example of good governance,” he notes. For investors, the clean audit provides critical assurance. “It assures our investors, both international and local, that their investments are managed with integrity and diligence. The confidence of our partners is built on our ability to demonstrate sensible, judicious and transparent fiscal management,” Dr Zulu says. As one of the key implementers of South Africa’s industrial development policies, TASEZ plays a central role in attracting investment, creating jobs and supporting small, medium and micro enterprises. Its mandate includes driving inclusive growth for communities in Mamelodi, Eersterust and Nellmapius, located near the economic zone. Dr Zulu adds that consistent clean audits an organisational culture anchored in accountability. “Good governance is not a checkbox activity for us. It is the foundation on which we build sustainable industrialisation and long-term investor confidence.” With Phase 2 now firmly underway, TASEZ’s latest audit outcome strengthens its trajectory as a reliable partner in South Africa’s automotive manufacturing ecosystem, reinforcing its position as a catalyst for economic reform and industrial expansion.