Cape Town’s efforts to address unemployment have been successful, as the city has the lowest unemployment rate among South Africa’s metros. Mayor Geordin HillLewis recognizes the progress made but acknowledges that there is still much to do to foster economic growth, lift people out of poverty, and create jobs.
The Western Cape Government has made significant strides in reducing bureaucratic red tape, resulting in a notable impact on the province’s economy. The Department of Economic Development and Tourism’s Red Tape Reduction Unit (RTRU) has been instrumental in implementing these initiatives, providing businesses with considerable financial savings and improving the ease of doing business.
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.
Cape Town’s Mayor, Geordin HillLewis, has announced that the city’s unemployment rate has dropped by four percentage points yearonyear, boasting the lowest unemployment rate among South Africa’s metros. Despite the progress, the Mayor acknowledged that much work remains in fostering further economic growth and alleviating poverty through job creation.
The South African government has expressed optimism regarding the latest Quarterly Labour Force Survey results, despite a rise in unemployment. The increase in the number of employed individuals is a significant development that offers hope for the country’s economic growth and recovery.
On May 16th, Minister Maropene Ramokgopato and Deputy Minister Pinky Kekana led a monitoring visit to the Saldanha Industrial Development Zone in the Western Cape Province. Their objective was to evaluate socioeconomic catalytic projects within the zone and ensure that they are on track to drive economic progress.
The Western Cape Government has expressed deep concern over allegations that South Africa has been supplying weapons to Russia, made by the United States Ambassador to South Africa, Reuben Brigety. The government has called for the protection of the region’s economy and jobs, which are already under significant pressure due to the ongoing impact of the COVID19 pandemic and the severe rolling blackouts that have plagued the country.
South Africa and Singapore enhance economic cooperation On May 16th, 2023, South African President Cyril Ramaphosa received Singapore’s Prime Minister Lee Hsien Loong in an official visit to Cape Town. This meeting aimed to strengthen the existing economic partnership between the two countries and explore new opportunities for collaboration.
The city of Cape Town is taking significant steps towards improving its business environment by launching the Ease of Doing Business Index. The initiative is a response to feedback from the private sector, which identified the ten critical indicators required for the city to improve. The ten indicators will track the ease of doing business in the city, with a focus on facilitating infrastructure investment and economic growth.
In recent years, South Africa has seen a positive shift in its approach to human settlements, thanks to Deputy Minister Pam Tshwete and the Department of Human Settlements. With the implementation of the innovative District Development Model, various spheres of government have been able to collaborate more effectively, resulting in improved service delivery.
South African farmers have been facing the consequences of drought for the past few years, and the current shortage of animal vaccines poses more threats to their livelihood. The Western Cape Minister of Agriculture, Dr. Ivan Meyer, emphasized the urgency of the situation in response to a statement from the Red Meat Producers Organization’s National Chairperson, James Faber.
Recently, South Africa’s Employment and Labor Minister, T.W. Nxesi, presented the Department’s Budget Vote for 2023/24. The focus of the speech was on job creation and preservation, strengthening social dialogue, health and safety, and promoting equity in the workplace. In this article, we will discuss the initiatives taken by the Department to alleviate unemployment and improve the workforce’s conditions.
South Africa’s tourism industry has made a remarkable comeback in recent times. The first quarter of 2023 witnessed an impressive increase in international arrivals and spending. This article explores the reasons behind this growth, the top source markets for South African tourism, and the impact on domestic travel.
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 has announced its plans to construct a new overnight shelter for homeless individuals in Green Point to house 300 people by the end of this year. The “Safe Space” project received full support from the Green Point Ratepayers and Residents Association (GPRRA).
A new 300bed overnight shelter for homeless people in Green Point, Cape Town, is set to be completed by the end of the year. Named “Safe Space” by the City, the project has garnered full support from The Green Point Ratepayers and Residents Association (GPRRA).
