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Uber’s R5bn Pledge Highlights Impact of SAIC Investments on Job Creation

Johannesburg: Global ride-hailing platform Uber has pledged R5 billion over the next few years towards South Africa's mobility, delivery, and digital economy, a move that underscores how investment commitments made at the South Africa Investment Conference (SAIC) are expected to directly support employment and income opportunities for ordinary citizens.

According to South African Government News Agency, Uber's General Manager for Sub-Saharan Africa, Deepesh Thomas, emphasized that the 2026 SAIC marked a shift from announcements to implementation, focusing on how investments impact people on the ground. Thomas noted that the real value of investment lies in its capacity to sustain the economy, providing practical examples such as a student reaching exams on time or a restaurant owner expanding their customer base through digital storefronts.

The company's commitment is anticipated to expand earning opportunities across its platform, particularly benefiting drivers, delivery partners, and small businesses in townships and urban centers. Uber states that over 100,000 earners currently use its platform, with the new investment aiming to lower entry barriers through incentives like fuel support and vehicle financing models.

Beyond individual earners, the investment is also projected to support small businesses. Collaborations with the Gauteng Department of Economic Development have already facilitated the digitization of over 2,000 township enterprises, enabling them to expand their reach through delivery services and generating an estimated R1 billion in value for local merchants.

Part of the R5 billion pledge will also fund innovation tailored to South African conditions, including the expansion of motorbike services for last-mile delivery and investment in electric vehicles. Thomas highlighted initiatives like the expansion of Uber Moto and partnerships to accelerate the rollout of Electric Vehicles, which are expected to create new types of work within the transport and green economy sectors.

Despite the promising investment, Thomas stressed the importance of a supportive regulatory environment for job creation. He advocated for clear and forward-looking regulations that recognize the role of the platform economy, suggesting that efficient licensing systems could unlock further opportunities for drivers and small operators.

The Uber investment reflects a broader message from SAIC: that large-scale investment commitments are crucial not only for economic growth but also for creating sustainable livelihoods. As South Africa works towards its investment targets, the focus increasingly shifts to ensuring these commitments translate into tangible benefits for citizens, from job creation and skills development to financial inclusion.