“Day Zero” still impacting Cape Town tourism

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Many tourists are under the impression that the crippling drought in the Mother City is still ongoing despite the dams now being an average of 73% full. In countries such as the United Kingdom and Australia, companies have not yet updated their travel advisories to reflect that the water crisis has passed, which is hurting Cape Town’s tourism and hotel industries.


Death of Day Zero

“We are delighted to welcome the death of the whole Day Zero concept,” said Ms Janine Myburgh, President of the Cape Chamber of Commerce and Industry.


Logic needs to be applied in Eskom and SAA

Eskom is overstaffed by 66% and the average salary is more than R700 000 a year according to the World Bank. We know this because utility companies produce the same products and their costs and efficiencies can be compared. One can, for instance, work out how many units of electricity are produced and sold for every staff member. The World Bank had a go at this one too and found a similar utility in India which produces about 40 times as much electricity per employee as Eskom does.


The County’s emergence from recession a relief to business

The County’s emergence from recession is both a relief and a source of encouragement for business,” says the Cape Chamber of Commerce and Industry.

“It is the sort of positive news we desperately need,” said Ms Janine Myburgh, President of the Chamber, “but there is a great deal more that we need to do to ensure that the recovery is sustained.”

One of the reasons for the improvement was the bounce back by agriculture after the drought in the northern parts of the country, but this was still an uncertain area for the Western Cape which has experienced a very dry winter.

“In spite of this, the lifting of the dark cloud will encourage investment for further growth and this will send a good signal to the rating agencies.”

In the long term, however, the country had to deal with fundamental problems like the corruption which was draining South Africa of the resources needed for investment and job creation. “We also have to deal with the gross mismanagement of the State owned enterprises and get our municipalities into shape,” Ms Myburgh said.

Structural reforms were urgently needed to make it easier for companies to employ the young and inexperienced and measures were needed to ensure stability in the labour market like the long-overdue use of secret ballots before a strike.

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