DEVELOPMENT: Cape Town Is Open For Business
Recent Western Cape Business News
The City of Cape Town is driving a job creation agenda by providing an enabling environment motivating Cape Town Entrepreneurship. This is being done partly through a series of events at the City Hall between 15 and 21 November, as well as numerous satellite events across the city.
“Cape Town recognises the role and importance of small to medium enterprises in job creation,” says Councillor Garreth Bloor, chairperson of the City’s Economic, Environment and Spatial Planning Portfolio Committee.
“We can create a supportive environment by helping existing organisations directly so they can increase their current capacity. Primarily, however the major drive is one of sound policy and effective administration.”
Bloor says while Council will use its mandate to drive job creation across all sectors, it will take extra steps to help Cape Town’s businesses - particularly small to medium enterprises (SMEs) – to comply with existing national regulations.
The City and the Provincial Government are currently working through a ‘Red Tape to Red Carpet’ set of recommendations, focusing on how to make it easier to do business in Cape Town, across all business sectors.
The upcoming Cape Town Entrepreneurship Week will allow SMEs the opportunity to interact with policy-makers, public representatives and senior City officials in open forums. In addition to aspiring and current SME owners, Cape Town Entrepreneurship Week will include events with senior policy-makers from emerging markets such as Thailand and Brazil who have achieved high growth rates, lifting millions out of poverty.
“Job creation is at the top of the agenda and that means targeting and supporting the job creators. The City, and the country, can learn much from existing success stories in other emerging markets,” added Alderman Belinda Walker, Mayoral Committee Member for Economic, Environmental and Spatial Planning.
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