The City of Cape Town has approved the lease of a prime location within the Green Point Common to Virgin Active South Africa for R3.7 million per month. The Point Gym, located in Bill Peters Drive, will serve as a sports facility for fitness enthusiasts and outdoor lovers in Cape Town.
Alderman James Vos, a prominent figure in Cape Town’s economic growth, has recently announced a series of infrastructure initiatives aimed at improving informal trading sites throughout the city. The following sections outline the City’s dedication to enhancing the informal economy, including its budget allocations, infrastructure projects, and skill development programs.
The current state of informal settlements in Cape Town is causing widespread fear and turmoil among residents. Families are evacuating two informal settlements, Siyakhana and Siyahlala, due to threats from backyarders and residents of Mandela Park. ## Backyarders Demand Housing and Threaten Eviction
Cape Town, a bustling city in South Africa, has experienced a recent surge in economic growth that has led to the creation of 263,000 new jobs in the past year. According to a quarterly labor survey by StatsSA, 56,000 of those jobs were added in the most recent quarter alone, resulting in a 7% yearonyear decrease in the city’s unemployment rate.
The City of Cape Town (CoCT) is exploring the potential of private sector participation in the Port of Cape Town following Durban Port’s partial privatization. The announcement of partial ownership and operation of Durban’s port by the Philippinesbased International Container Terminal Services is a first for South Africa’s stateowned ports and rail company, Transnet.
The City of Cape Town has taken a bold step towards increasing tourism and strengthening economic relations with Brazil. In anticipation of the inaugural direct flight between São Paulo and Cape Town, set to launch on October 31, 2023, Alderman James Vos, the mayoral committee member for economic growth, has spearheaded an extensive digital travel campaign aimed at attracting Brazilian tourists to the scenic city of Cape Town.
After more than a decade, the World Rugby U20 Championship is back in Cape Town, bringing excitement and anticipation to the Mother City. The Baby Boks will take center stage, and the prestigious international tournament will be held at Athlone Stadium, a premier venue for rugby matches.
Cape Town and the Western Cape have experienced a recordbreaking cruise tourism season between October 2022 and May 2023, establishing the region as a top destination for luxury cruise holidays. Highspending tourists from the United States, Germany, and the United Kingdom have contributed to the success of the season.
The City of Cape Town recently held a housing consumer education session for firsttime homeowners in the Dido Valley housing project. The Session aimed to empower beneficiaries with knowledge of their roles and responsibilities as new homeowners. ### Topics Covered in the Session
