south africa economic growth

Cape Town’s Business Landscape: A Testament to Growth and Innovation

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Cape Town, South Africa’s vibrant business landscape, is a testament to the city’s commitment to business growth and innovation. Recently, CocaCola Peninsula Beverages expanded its operations, introducing a new production line. This expansion highlights the potential for significant job creation and economic growth in the region. The investment of over R200 million demonstrates the company’s confidence in Cape Town’s thriving business environment and the mutually beneficial partnership between CocaCola Peninsula Beverages and the City.

nairobi sister cities

Sister Cities: Cape Town and Nairobi

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The potential benefits of the collaboration between Cape Town and Nairobi are significant, as they can work together to strengthen their tourism markets, cooperate in their film industries, and enhance bilateral trade. Additionally, both cities can share knowledge and partnerships in areas such as infrastructure provision, affordable housing delivery, and clean energy.

rail devolution passenger rail agency of south africa (prasa)

The Battle for Rail Devolution in Cape Town: Seeking Transparency and Efficiency

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Cape Town’s Mayor, Geordin HillLewis, is urging President Cyril Ramaphosa to clarify the National Government’s stance on the devolution of passenger rail services to capable metros. The call comes amid contradictory statements from Transport Minister Sindisiwe Chikunga, who suggests that current plans don’t involve devolving rail operations to the City of Cape Town. This contradicts the Cabinet policy decision to devolve rail, which raises questions about the National Government’s commitment to the issue.

graduation public works programme

Graduates of Expanded Public Works Programme Aim to Create Jobs

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The Thaba Chweu Local Municipality recently celebrated the graduation of 20 learners from the Expanded Public Works Programme (EPWP). These learners successfully completed their landscaping training and received certificates of competence. The Executive Mayor of Thaba Chweu Local Municipality, Honourable Councillor M.F. Nkadimeng, urged the graduates to use their newly acquired skills to establish businesses and create employment opportunities for others in their communities.

unemployment economic growth

Cape Town’s Unemployment Rate Declines, Striving to Become Africa’s Premier Business Destination

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Cape Town is making strides towards becoming Africa’s premier business destination, with a substantial decrease in unemployment. The city’s Mayor, Geordin HillLewis, credits this achievement to maintaining the lowest unemployment rate across the metros. However, there is still work to be done to drive further economic growth, alleviate poverty, and create additional job opportunities.

infrastructure economic growth

Empowering Communities: George Infrastructure Projects Pave the Way for Job Creation and Growth

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Infrastructure development is a critical aspect of economic growth, creating job opportunities and paving the way for increased economic opportunities and an improved quality of life. In this regard, two significant infrastructure projects in George, South Africa, are set to revolutionize life for local residents: the Gwaing Road upgrade and the Metro Grounds housing project.

south africa national treasury

South Africa’s National Treasury Budget Vote 2023/24: Navigating Economic Challenges and Fostering Growth

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The Minister of Finance Enoch Gondongwana presented the National Treasury of South Africa’s Budget Vote for the 2023/24 financial year, highlighting the government’s efforts to foster higher and more inclusive economic growth, address fiscal vulnerability, and stabilize public finances. The total allocated budget for the National Treasury amounts to R34.9 billion, with 85% allocated to transfers and subsidies.

mobile business entrepreneurs

Cape Town’s Mobile Business Boom: A New Era for Entrepreneurs

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Cape Town is taking bold steps towards embracing the growth of the mobile business sector, with an initiative that allows residents to shape its future. From May 15 to June 15, 2023, the City is inviting the public to weigh in on the proposed locations for 69 mobile business trading areas that would cater to food trucks, trailers, and other portable services. This initiative is a crucial step in the City’s plan to support various business sectors and stimulate economic growth.

south african airways takatso aviation

A New Chapter for South African Airways: The Takatso Aviation Partnership

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The Department of Public Enterprises (DPE) has welcomed the Competition Commission’s conditional approval for the strategic equity partner transaction between South African Airways (SAA) and Takatso Aviation Proprietary Limited. This deal will result in Takatso acquiring a 51% shareholding in the airline, which is a significant turning point for the revitalization process of SAA.

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