The race to become South Africa’s new economic hub
The Western Cape has launched an ambitious growth plan, setting out what the province will need to do to become a R1-trillion economy and the country’s new economic hub by 2035
03 August 2023 - 05:03
The Western Cape enjoys a litany of advantages: it is the best province in terms of service delivery, skills development and, arguably, quality of life. It also boasts the best call centre location in the world, and is the country’s green economy headquarters, Africa’s tech capital and South Africa’s leading tourism destination.
However, despite all these advantages, and the lowest regional unemployment rate (at just 21.6% vs the national average of 32.9%), the Western Cape has not been able to decouple from the national economy. ..
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