WC SPVs and clustering policy pays off and creates jobs

December 1, 2014
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In 2004, the Western Cape Government developed the Special Purpose Vehicles (SPVs) programme to focus on priority industrial sectors important for regional economic development. Developed in line with international best practice around cluster development principles, the programme includes 11 SPVs across various industries and includes examples such as Business Process enabling South Africa (BPeSA), for.. read more →

State of Cape Town 2014: Business Vision for Cape Town

November 25, 2014
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The State of Cape Town 2014 report is a biennial report produced by the City of Cape Town. The purpose of the report is to provide a snapshot of Cape Town with up-to date information and analyses of the most pertinent urban development issues facing the city, its residents and businesses. The following is an excerpt of an.. read more →

Courageous leadership required for economic growth

November 7, 2014
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Cape Town’s socio-economic challenges – reflected in a massively divided, low-growth economy that reminds of pre-1994 apartheid development despite two decades of a democratic dispensation – cannot be overcome through narrow, sectarian politicking. The city will not progress, nor will it give evidence to a ‘better life for all’ whilst short-term, political interests are placed.. read more →

SA needs political will to promote its vision

September 22, 2014
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South Africa’s growth remains both exclusive and woefully inadequate, and ratings agency downgrades, currency depreciation, violent and prolonged strikes are adding to our concerns. Many have commented on the need to create an environment conducive to attracting foreign direct investment (FDI), and while we still attract FDI, we could do far better. Recognised globally as.. read more →

V&A: the ‘best Waterfront in the world’ contributes R198 billion to SA’s GDP

August 26, 2014
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First established in 1988, the founding vision of the V&A Waterfront was to reconnect downtown Cape Town with the sea. Known as Table Bay West, the area was largely industrial, dominated by a disused oil tank farm. It was, however, also steeped in history that needed to be protected for future generations. From these humble.. read more →

Saldanha IDZ to boost the Western Cape economy

August 26, 2014
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Africa has some of the most rapidly expanding economies globally, many of which are fuelled by vast oil and gas resources. Together, African countries contribute 11% of crude oil and 6% of gas globally, and new fields are being discovered across Africa like a recent find in Mozambique which ‘could be one of the most.. read more →

South Africa is facing economic headwinds and should change tack

August 20, 2014
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South Africa is experiencing economic doldrums. Low growth, budget deficits, and ratings downgrades are amongst the challenges. Nhlanhla Nene, our Finance Minister, admitting that we have almost reached rock bottom. But South Africa is not without solutions – provided that government and business change tack by collaborating in the delivery. Earlier in 2014, Pravin Gordhan.. read more →

Growth of the Saldanha IDZ and the West Coast Economy

June 26, 2014
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Africa is experiencing accelerated oil and gas growth and contributes 11% of crude oil and 6% of gas globally. Much of this growth is from Nigeria and Angola but recent gas discoveries in Mozambique suggest that it ‘could be one of the most important natural gas fields discovered in the last 10 years’. China is.. read more →

Improving the Business Government Relationship

May 12, 2014
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With 20 years of democracy, South Africa has achieved much to create a more inclusive society and economy. However, high levels of poverty and inequality still remain and our current economic growth is somewhat lack lustred to overcome this. With GDP growth rates of only 1.9% in 2013, we need a shift. National government needs.. read more →

Positioning the Cape as Africa’s Pharma R&D Hub

February 25, 2014
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In 2011, UCT Professor Kelly Chibale founded H3-D, Africa’s first Drug Discovery and Development Centre.   Within a year, a key project was named Project of the Year for 2012 by Medicines for Malaria Venture and resulted in the discovery of a novel chemical compound with the potential to affect malaria control and eradication. As a.. read more →