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Tag: Economy

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...

Economy recovering from a low base, says FNB

Following the South African Reserve Bank’s decision to keep interest rates at their previous level, FNB confirms that it will hold its prime lending rate at present levels and will review...

Pro-growth interventions save Western Cape economy R2.4 billion since 2019

The Western Cape Government (WCG) is determined to make it as easy as possible for the private sector to do business and create jobs in the province. The efforts by the Department...

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...

An efficient criminal justice system – key ingredient missing, ruining SA economy

Jacques Moolman - President of the Cape Chamber of Commerce & Industry As any chef will attest, forgetting a key ingredient will ruin any dish. A flawed recipe is a useful metaphor for...

City puts Cape Town’s economy on global centre stage

A host of consular-generals representing countries across the world gathered this week for an event led by Alderman James Vos, the City’s Mayoral Committee Member for Economic Growth, where he detailed...

The SPAR Group is geared for further growth in Southern Africa in 2024 –...

By Max Oliva, CEO, The SPAR Group Southern Africa South Africa’s economy may be stagnating, but at The SPAR Group Southern Africa, we are pressing forward and making major inroads into creating...

Damned if you do, damned if you don’t

By Chris Hattingh  In its 25 January statement, the South African Reserve Bank’s Monetary Policy Committee paints a stark picture of South Africa. “The operation of ports and rail has become a serious...

BPO generates R24-billion in revenue in the Western Cape

By Larry Claasen Business Process Outsourcing  is growing from strength to strength, with 7 900 new jobs bringing in R2.7-billion in foreign revenue in the past financial year. THE Western Cape Business Process...

Despite catastrophic national failures, the Western Cape is the hope for South Africa

As we near the end of 2023, we reflect on the highs and lows of the past year. Our province and country have been made to endure another challenging year, as...

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WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...

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