Western Cape Business News

Send  Share  RSS  Twitter  12 Feb 2009



Recent Western Cape Business News

Cape Town International Convention Centre (CTICC) plays host this week to more than 3 000 members of the mining industry attending the Investing in Africa Mining Indaba.

The event, which is being attended by industry players and investment gurus from around the world, includes a raft of eminent speakers including the Minister of Minerals and Energy, Buyelwa Sonjica.

It is just one of a number of prestigious conferences lined up for a year in which CTICC will host three large medical congresses – on Radiology, HIV/AIDS and Gynaecology – all taking place in October and the FIFA Final Draw and the FIFA International Broadcast Media Conference in December 2009. In November will be its latest bid win – Avsec World 2009 – when CTICC hosts the world’s top aviation security chiefs. 

Meanwhile in February and March some of the year’s biggest consumer shows will take place. Some 12 000 people are due to pack CTICC’s exhibition halls for the Women’s Show on February 23 and Design Indaba Expo on March 2 is expected to draw 24 000 visitors. April will kick off with the Cape Town International Jazz Festival which is expected to attract over 33 000 visitors, while Decorex Cape is due to attract 40 000 visitors on April 28.

The CTICC, the leading conference centre on the African continent, is competitively positioned to play a significant role in attracting business to the Western Cape. CTICC chief executive Rashid Toefy said that the Mother City’s natural beauty struck a chord with everyone who visited it and there was an increasing pattern of delegates returning to the region for holidays and further business opportunities.

“Mining Indaba was expected to be bigger this year than it was last year. “We are seeing a lot of momentum in the exhibition industry,” said Toefy.  “It is however too early at this stage to say whether the tightening of consumer credit will affect figures at the door, but at CTICC we remain optimistic of the year ahead.”

CTICC has a healthy portfolio of international congresses already firmly booked for the years to 2016. In addition to Avsec, in recent months CTICC in conjunction with the Cape Town and Western Cape Convention Bureau, a strategic business unit of Cape Town Routes Unlimited has won bids to host the 6th World Congress of Education International and the triennial International Congress on Hyperbaric Medicine – both in 2011 - the Society of Incentives and Travel Executives (SITE) Conference in 2010 as well as four other international congresses that will be coming to Cape Town in the years 2010 to 2014. 

Toefy welcomed the overall number of delegates – and their families - CTICC was attracting to Cape Town.

“In the long term, we expect our figures to increase noticeably from 2009, given the number of large events we will be hosting.” He said that by 2013 the number of international tourists in South Africa, generated by delegates who have attended events at CTICC, was due to be more than one million.

Cape Town attracts now approximately 25% of all international congresses in Africa. The total number of conferences on the African continent can still increase considerably, according to Toefy, because Africa’s global market share is only 2%.

CTICC’s turnover is expected to rise to over R3 bn in the next financial year.

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