Tag: Cape Town
City issues updated integrated transport plan for public comment
The City of Cape Town’s Urban Mobility Directorate has updated the Comprehensive Integrated Transport Plan (CITP) that was approved by Council in 2023. The CITP outlines the strategies and plans for...
IDC invests R140-million into Sheraton Textiles ‘State-of-the-Art’ production plant
By Larry Claasen
SHERATON Textiles, a bedding and linen manufacturer based in Cape Town, has launched a cutting-edge production facility in Diep River.
The new facility, backed by a R140-million investment from the...
Property sector booms in Cape Town
Increased demand for commercial and residential CBD property in 2023
The Cape Town CBD turned a corner in 2023, rebounding from the persistent economic pressure with a boom in property investments.
Demand for...
IHG Hotels & Resorts, in partnership with the V&A Waterfront bring InterContinental brand to...
Set to open in 2025 after refurbishment, InterContinental Table Bay Cape Town will build on the legacy of the property and write a new era of luxury hospitality in the country.
IHG Hotels...
Cape Town: The global leader in catamaran production
Cape Town has earned the prestigious title of the number one city in the world for the production of luxury offshore catamarans, according to data from BlueCape, the City’s Special Purpose...
Hirsch’s set to open their third Hirsch store in the Western Cape – in...
Cape Town's retail landscape is about to welcome a significant addition as Hirsch’s is set to open their third Hirsch’s Homestore in the bustling suburbs of Claremont in the Western Cape....
BPO sector created 8 000 jobs and injected R2,8-billion into Cape Town’s economy in...
By Larry Claasen
THE Business Processing Sector created almost 8 000 jobs and injected R2,8-billion into Cape Town’s economy in 2023, according to the Invest in Cape Town Regional Market Analysis and...
WEG Africa’s new Cape Town premises reflect 30 years of growth
Celebrating 30 years since its inception, WEG Africa’s Cape Town branch can mark this achievement from its larger and improved premises in Richmond Business Park – a fitting measure of its...
Why Cape Town’s economy works – and how it will shine brighter than ever
STATEMENT BY THE MAYORAL COMMITTEE MEMBER FOR ECONOMIC GROWTH, ALDERMAN JAMES VOS
One of the clearest indications of a region’s economic well-being is its jobs report. What is the percentage of its...
Cape Town’s luxury residential market proved resilient in 2023 despite successive interest rate hikes
ACCORDING to The Wealth Report, Knight Frank’s flagship research report – prime residential prices surprised on the upside in 2023.
Of the 100 markets tracked in Knight Frank’s Prime International Residential Index...