Message from the CEO

March 16, 2017
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It has been an incredibly interesting first quarter and I trust this finds you well and in good spirits! Statistics emerging from Davos earlier this year painted a bleak picture of rapidly increasing inequality, and triggered interesting debate between redistribution and pro-growth perspectives. Ideology aside, with 20% of South African households (16.2m people) surviving on.. read more →

Vodacom invests R600 million in digital skills and connectivity

January 30, 2017
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Technology is constantly evolving resulting in the continuous digitisation of our businesses and lives. By 2020, there will be over 26 billion Internet-connected devices and over 4 billion global Internet users, but as technology evolves, the digital divide between those who have access to technology and those that don’t, is becoming even wider. If South Africa.. read more →

‘Really impressive’ innovation in biomedical technology in the Cape

November 30, 2016
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When we think of medical excellence in the Cape, we often first think of the world’s first heart transplant performed by Dr Chris Barnard at Groote Schuur hospital, but are you aware of the extent of what’s being developed and the vibrancy of medical technology and biomedical innovation happening in the Cape Town region today?.. read more →

Structural Reform Required to Reignite South Africa’s Economy

November 30, 2016
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Much attention has been focused over the past year on a potential sovereign ratings downgrade. At our 2016 AGM, S&P MD and Regional Manager for Sub-Saharan Africa, Konrad Reuss, said that on economic growth alone, South Africa would not be considered as investment grade. The prospect of a ratings downgrade for South Africa is indeed.. read more →

Smart Cape Town: using technology to deliver value

November 30, 2016
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Cities are the future, but they will be put under great strain to adapt their infrastructures and services to cope with predicted population growth and increasing urbanisation. Fortunately, in tandem with these trends, technology is evolving, with the introduction of new technology and increases in processing capability and lower unit costs, all playing a role. .. read more →

Artisans: a Game Changer for the Local Economy

November 30, 2016
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South Africa’s forecasted economic growth for 2016 is very low, while unemployment reached a new high of 27.1% recently. Although job creation remains a key focus for government, an issue remains with the type of skills required for sustainable and inclusive growth. In McKinsey’s report, South Africa’s Big Five, Bold Priorities for Inclusive Growth, they estimate.. read more →

Rugby Sevens World Series and The Value of Sports Tourism

November 30, 2016
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With the HSBC Rugby Sevens World Series on the immediate horizon, Cape Town looks forward to hosting the South African leg of the series. This is an exciting financial injection into Cape Town’s growing business prospects, considering last year’s economic performance where the city received a R539 million boost. In a recent interview, Mayoral Committee.. read more →

Leadership Spotlight – Soraya Zoueihid, MD of British American Tobacco

November 30, 2016
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Tell us about your company and your role? I am Soraya Zoueihid, the Managing Director of British American Tobacco for the Southern Africa Area. We are a subsidiary of the London-headquartered British American Tobacco plc which is the second largest company listed on the Johannesburg Stock Exchange. We’ve been operating in South Africa for over.. read more →

Message from the CEO

November 30, 2016
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As we start wrapping up 2016, our final newsletter for the year highlights some of the activity we have been involved with over the last few months. This year we introduced a programmatic approach which we hope has provided more meaningful engagements for our members, our partners and ultimately impacted positively on the Cape Town.. read more →

Business Government Collaboration to Stimulate Economic Growth

September 12, 2016
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While ratings agencies are evaluating South Africa’s investment status, numerous initiatives are underway to boost investor confidence, catalyse employment in key sectors and drive reform. Irrespective of the rating agencies’ decision, current GDP growth rates are insufficient and require stimulus and sustained action. Earlier in 2016, business, government, and labour realised the need to collaborate.. read more →